| Product Code: ETC5747615 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s import of flexible insulation in 2024 saw a significant growth rate of 24.45%, despite a negative CAGR of -1.01% over the period of 2020-2024. The top countries exporting to Grenada in 2024 were Lebanon, Trinidad and Tobago, Canada, UAE, and USA, indicating a diverse source of imports. However, the market remained highly concentrated, as indicated by the high HHI value. This data suggests a dynamic market for flexible insulation imports in Grenada, with potential opportunities for further growth and diversification in the future.
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 Flexible Insulation Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Flexible Insulation Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Flexible Insulation Market - Industry Life Cycle |
3.4 Grenada Flexible Insulation Market - Porter's Five Forces |
3.5 Grenada Flexible Insulation Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Grenada Flexible Insulation Market Revenues & Volume Share, By Insulation Type, 2021 & 2031F |
4 Grenada Flexible Insulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient buildings |
4.2.2 Government initiatives promoting sustainable construction practices |
4.2.3 Growth in construction activities in Grenada |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Lack of awareness about the benefits of flexible insulation |
4.3.3 Competition from traditional insulation materials |
5 Grenada Flexible Insulation Market Trends |
6 Grenada Flexible Insulation Market Segmentations |
6.1 Grenada Flexible Insulation Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Grenada Flexible Insulation Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.1.3 Grenada Flexible Insulation Market Revenues & Volume, By Elastomer, 2021-2031F |
6.1.4 Grenada Flexible Insulation Market Revenues & Volume, By Aerogel, 2021-2031F |
6.1.5 Grenada Flexible Insulation Market Revenues & Volume, By Cross Linked Polyethylene, 2021-2031F |
6.2 Grenada Flexible Insulation Market, By Insulation Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Flexible Insulation Market Revenues & Volume, By Thermal, 2021-2031F |
6.2.3 Grenada Flexible Insulation Market Revenues & Volume, By Acoustic, 2021-2031F |
6.2.4 Grenada Flexible Insulation Market Revenues & Volume, By Electrical, 2021-2031F |
7 Grenada Flexible Insulation Market Import-Export Trade Statistics |
7.1 Grenada Flexible Insulation Market Export to Major Countries |
7.2 Grenada Flexible Insulation Market Imports from Major Countries |
8 Grenada Flexible Insulation Market Key Performance Indicators |
8.1 Energy savings achieved through the use of flexible insulation |
8.2 Number of green building certifications in Grenada |
8.3 Adoption rate of flexible insulation in new construction projects |
9 Grenada Flexible Insulation Market - Opportunity Assessment |
9.1 Grenada Flexible Insulation Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Grenada Flexible Insulation Market Opportunity Assessment, By Insulation Type, 2021 & 2031F |
10 Grenada Flexible Insulation Market - Competitive Landscape |
10.1 Grenada Flexible Insulation Market Revenue Share, By Companies, 2024 |
10.2 Grenada Flexible Insulation 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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