| Product Code: ETC12133606 | 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 |
The import shipments of explosion-proof heaters in Grenada saw significant growth in 2024, with top exporting countries including Panama, USA, Brazil, UK, and Trinidad and Tobago. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 5.92%, with a notable growth rate of 68.69% in 2024 alone, showcasing a strong demand for these specialized heaters in Grenada.
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 Explosion Proof Heaters Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Explosion Proof Heaters Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Explosion Proof Heaters Market - Industry Life Cycle |
3.4 Grenada Explosion Proof Heaters Market - Porter's Five Forces |
3.5 Grenada Explosion Proof Heaters Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Explosion Proof Heaters Market Revenues & Volume Share, By Heating Type, 2021 & 2031F |
3.7 Grenada Explosion Proof Heaters Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.8 Grenada Explosion Proof Heaters Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Explosion Proof Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Explosion Proof Heaters Market Trends |
6 Grenada Explosion Proof Heaters Market, By Types |
6.1 Grenada Explosion Proof Heaters Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Explosion Proof Heaters Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Explosion Proof Heaters Market Revenues & Volume, By Electric Explosion Proof Heaters, 2021 - 2031F |
6.1.4 Grenada Explosion Proof Heaters Market Revenues & Volume, By Fluid Explosion Proof Heaters, 2021 - 2031F |
6.1.5 Grenada Explosion Proof Heaters Market Revenues & Volume, By Fan Forced Explosion Proof Heaters, 2021 - 2031F |
6.1.6 Grenada Explosion Proof Heaters Market Revenues & Volume, By Infrared Explosion Proof Heaters, 2021 - 2031F |
6.2 Grenada Explosion Proof Heaters Market, By Heating Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Explosion Proof Heaters Market Revenues & Volume, By Forced Air Heating, 2021 - 2031F |
6.2.3 Grenada Explosion Proof Heaters Market Revenues & Volume, By Convection Heating, 2021 - 2031F |
6.2.4 Grenada Explosion Proof Heaters Market Revenues & Volume, By Radiant Heating, 2021 - 2031F |
6.2.5 Grenada Explosion Proof Heaters Market Revenues & Volume, By Electric Radiant, 2021 - 2031F |
6.3 Grenada Explosion Proof Heaters Market, By Power Source |
6.3.1 Overview and Analysis |
6.3.2 Grenada Explosion Proof Heaters Market Revenues & Volume, By Electric Power, 2021 - 2031F |
6.3.3 Grenada Explosion Proof Heaters Market Revenues & Volume, By Steam or Gas, 2021 - 2031F |
6.3.4 Grenada Explosion Proof Heaters Market Revenues & Volume, By Electrical and Gas, 2021 - 2031F |
6.3.5 Grenada Explosion Proof Heaters Market Revenues & Volume, By Electricity Powered, 2021 - 2031F |
6.4 Grenada Explosion Proof Heaters Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Explosion Proof Heaters Market Revenues & Volume, By Oil and Gas Operations, 2021 - 2031F |
6.4.3 Grenada Explosion Proof Heaters Market Revenues & Volume, By Chemical Processing Plants, 2021 - 2031F |
6.4.4 Grenada Explosion Proof Heaters Market Revenues & Volume, By Hazardous Area Heating, 2021 - 2031F |
6.4.5 Grenada Explosion Proof Heaters Market Revenues & Volume, By Industrial Environments, 2021 - 2031F |
7 Grenada Explosion Proof Heaters Market Import-Export Trade Statistics |
7.1 Grenada Explosion Proof Heaters Market Export to Major Countries |
7.2 Grenada Explosion Proof Heaters Market Imports from Major Countries |
8 Grenada Explosion Proof Heaters Market Key Performance Indicators |
9 Grenada Explosion Proof Heaters Market - Opportunity Assessment |
9.1 Grenada Explosion Proof Heaters Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Explosion Proof Heaters Market Opportunity Assessment, By Heating Type, 2021 & 2031F |
9.3 Grenada Explosion Proof Heaters Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.4 Grenada Explosion Proof Heaters Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Explosion Proof Heaters Market - Competitive Landscape |
10.1 Grenada Explosion Proof Heaters Market Revenue Share, By Companies, 2024 |
10.2 Grenada Explosion Proof Heaters 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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