| Product Code: ETC11940262 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to see a high concentration of encapsulation resin import shipments, with top exporting countries being the USA, China, Trinidad and Tobago, Areas, nes, and Lebanon. Despite a negative growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 8.85%. This suggests a steady overall growth trend in the encapsulation resin import market for Grenada, highlighting the country`s reliance on key trading partners for this essential material.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Grenada Encapsulation Resin Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Encapsulation Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Encapsulation Resin Market - Industry Life Cycle |
3.4 Grenada Encapsulation Resin Market - Porter's Five Forces |
3.5 Grenada Encapsulation Resin Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Encapsulation Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Encapsulation Resin Market Revenues & Volume Share, By End use, 2021 & 2031F |
4 Grenada Encapsulation Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Encapsulation Resin Market Trends |
6 Grenada Encapsulation Resin Market, By Types |
6.1 Grenada Encapsulation Resin Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Encapsulation Resin Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Encapsulation Resin Market Revenues & Volume, By Epoxy Resins, 2021 - 2031F |
6.1.4 Grenada Encapsulation Resin Market Revenues & Volume, By Silicone Resins, 2021 - 2031F |
6.1.5 Grenada Encapsulation Resin Market Revenues & Volume, By Polyurethane Resins, 2021 - 2031F |
6.1.6 Grenada Encapsulation Resin Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Encapsulation Resin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Encapsulation Resin Market Revenues & Volume, By Transformers, 2021 - 2031F |
6.2.3 Grenada Encapsulation Resin Market Revenues & Volume, By Sensors, 2021 - 2031F |
6.2.4 Grenada Encapsulation Resin Market Revenues & Volume, By Switchgears, 2021 - 2031F |
6.2.5 Grenada Encapsulation Resin Market Revenues & Volume, By Insulators, 2021 - 2031F |
6.2.6 Grenada Encapsulation Resin Market Revenues & Volume, By Capacitors, 2021 - 2031F |
6.2.7 Grenada Encapsulation Resin Market Revenues & Volume, By Relays & Coils, 2021 - 2029F |
6.2.8 Grenada Encapsulation Resin Market Revenues & Volume, By Others, 2021 - 2029F |
6.2.9 Grenada Encapsulation Resin Market Revenues & Volume, By Others, 2021 - 2029F |
6.3 Grenada Encapsulation Resin Market, By End use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Encapsulation Resin Market Revenues & Volume, By Building & Construction, 2021 - 2031F |
6.3.3 Grenada Encapsulation Resin Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Grenada Encapsulation Resin Market Revenues & Volume, By Transportation, 2021 - 2031F |
6.3.5 Grenada Encapsulation Resin Market Revenues & Volume, By Electrical & Electronics, 2021 - 2031F |
6.3.6 Grenada Encapsulation Resin Market Revenues & Volume, By Marine, 2021 - 2031F |
6.3.7 Grenada Encapsulation Resin Market Revenues & Volume, By Others, 2021 - 2029F |
7 Grenada Encapsulation Resin Market Import-Export Trade Statistics |
7.1 Grenada Encapsulation Resin Market Export to Major Countries |
7.2 Grenada Encapsulation Resin Market Imports from Major Countries |
8 Grenada Encapsulation Resin Market Key Performance Indicators |
9 Grenada Encapsulation Resin Market - Opportunity Assessment |
9.1 Grenada Encapsulation Resin Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Encapsulation Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Encapsulation Resin Market Opportunity Assessment, By End use, 2021 & 2031F |
10 Grenada Encapsulation Resin Market - Competitive Landscape |
10.1 Grenada Encapsulation Resin Market Revenue Share, By Companies, 2024 |
10.2 Grenada Encapsulation Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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