| Product Code: ETC4777532 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s fiberglass import market continued to show strong growth in 2024, with top exporting countries including the USA, China, Lebanon, Italy, and Trinidad and Tobago. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 11.26% from 2020 to 2024 demonstrates sustained industry expansion. Furthermore, the growth rate of 9.3% from 2023 to 2024 highlights the resilience and attractiveness of Grenada as a destination for fiberglass imports.
The Fiberglass market in Grenada is projected to grow at a stable growth rate of 1.50% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.

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 Fiberglass Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Fiberglass Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Fiberglass Market - Industry Life Cycle |
3.4 Grenada Fiberglass Market - Porter's Five Forces |
3.5 Grenada Fiberglass Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada Fiberglass Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada Fiberglass Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Fiberglass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Fiberglass Market Trends |
6 Grenada Fiberglass Market Segmentations |
6.1 Grenada Fiberglass Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Fiberglass Market Revenues & Volume, By Insulation, 2021-2031F |
6.1.3 Grenada Fiberglass Market Revenues & Volume, By Composites, 2021-2031F |
6.2 Grenada Fiberglass Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Fiberglass Market Revenues & Volume, By Glass Wool, 2021-2031F |
6.2.3 Grenada Fiberglass Market Revenues & Volume, By Yarn, 2021-2031F |
6.2.4 Grenada Fiberglass Market Revenues & Volume, By Roving, 2021-2031F |
6.2.5 Grenada Fiberglass Market Revenues & Volume, By Chopped Strands, 2021-2031F |
6.3 Grenada Fiberglass Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Fiberglass Market Revenues & Volume, By Automobiles, 2021-2031F |
6.3.3 Grenada Fiberglass Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.3.4 Grenada Fiberglass Market Revenues & Volume, By Aerospace, 2021-2031F |
6.3.5 Grenada Fiberglass Market Revenues & Volume, By Wind Energy, 2021-2031F |
7 Grenada Fiberglass Market Import-Export Trade Statistics |
7.1 Grenada Fiberglass Market Export to Major Countries |
7.2 Grenada Fiberglass Market Imports from Major Countries |
8 Grenada Fiberglass Market Key Performance Indicators |
9 Grenada Fiberglass Market - Opportunity Assessment |
9.1 Grenada Fiberglass Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada Fiberglass Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada Fiberglass Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Fiberglass Market - Competitive Landscape |
10.1 Grenada Fiberglass Market Revenue Share, By Companies, 2024 |
10.2 Grenada Fiberglass 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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