| Product Code: ETC5746285 | 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 foam glass import market in 2024 continued to see a high level of concentration, with the top exporting countries being the UK, USA, Jamaica, Trinidad and Tobago, and China. The market witnessed impressive growth, with a Compound Annual Growth Rate (CAGR) of 28.78% from 2020 to 2024. The growth momentum remained strong in 2024, with a remarkable growth rate of 107.49% compared to the previous year. This data suggests a thriving market for foam glass imports in Grenada, with key players contributing significantly to its expansion.
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 Foam Glass Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Foam Glass Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Foam Glass Market - Industry Life Cycle |
3.4 Grenada Foam Glass Market - Porter's Five Forces |
3.5 Grenada Foam Glass Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Foam Glass Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Grenada Foam Glass Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Foam Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and sustainability leading to a rise in demand for eco-friendly construction materials like foam glass. |
4.2.2 Growing construction industry in Grenada and the Caribbean region, driving the need for innovative building materials. |
4.2.3 Government initiatives promoting energy-efficient construction practices and materials. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with foam glass products compared to traditional building materials. |
4.3.2 Limited availability of skilled labor for installation and maintenance of foam glass products. |
4.3.3 Lack of awareness and education among consumers and contractors about the benefits and applications of foam glass. |
5 Grenada Foam Glass Market Trends |
6 Grenada Foam Glass Market Segmentations |
6.1 Grenada Foam Glass Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Foam Glass Market Revenues & Volume, By open cell , 2021-2031F |
6.1.3 Grenada Foam Glass Market Revenues & Volume, By Closed Cell, 2021-2031F |
6.2 Grenada Foam Glass Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Grenada Foam Glass Market Revenues & Volume, By Physical , 2021-2031F |
6.2.3 Grenada Foam Glass Market Revenues & Volume, By Chemical, 2021-2031F |
6.3 Grenada Foam Glass Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Foam Glass Market Revenues & Volume, By Building & Industrial Insulation , 2021-2031F |
6.3.3 Grenada Foam Glass Market Revenues & Volume, By Chemical Processing Systems, 2021-2031F |
7 Grenada Foam Glass Market Import-Export Trade Statistics |
7.1 Grenada Foam Glass Market Export to Major Countries |
7.2 Grenada Foam Glass Market Imports from Major Countries |
8 Grenada Foam Glass Market Key Performance Indicators |
8.1 Energy savings achieved by buildings using foam glass insulation. |
8.2 Number of construction projects incorporating foam glass products. |
8.3 Percentage increase in recycling rates of foam glass materials. |
8.4 Innovation rate in foam glass product development. |
8.5 Number of training programs conducted to educate contractors and builders about foam glass applications and benefits. |
9 Grenada Foam Glass Market - Opportunity Assessment |
9.1 Grenada Foam Glass Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Foam Glass Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Grenada Foam Glass Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Foam Glass Market - Competitive Landscape |
10.1 Grenada Foam Glass Market Revenue Share, By Companies, 2024 |
10.2 Grenada Foam Glass 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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