| Product Code: ETC5713035 | 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 |
In 2024, Grenada continued to import FRP grating primarily from the USA, Trinidad and Tobago, China, Spain, and the UK, showcasing a diverse sourcing strategy. Despite the high Herfindahl-Hirschman Index (HHI) indicating concentrated market share, the compound annual growth rate (CAGR) from 2020 to 2024 remained steady at 0.59%. However, there was a notable decline in growth rate from 2023 to 2024, with a decrease of -23.68%, suggesting potential shifts in market dynamics or external factors influencing the import landscape for FRP grating 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 FRP Grating Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada FRP Grating Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada FRP Grating Market - Industry Life Cycle |
3.4 Grenada FRP Grating Market - Porter's Five Forces |
3.5 Grenada FRP Grating Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Grenada FRP Grating Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Grenada FRP Grating Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada FRP Grating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight, durable, and corrosion-resistant materials in construction and infrastructure projects |
4.2.2 Growing emphasis on safety regulations and requirements in industrial environments |
4.2.3 Rising awareness about the benefits of FRP (Fiber Reinforced Plastic) gratings over traditional materials |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with FRP gratings compared to conventional materials |
4.3.2 Limited awareness and adoption of FRP gratings in certain industries |
4.3.3 Challenges related to installation and maintenance of FRP gratings in specific applications |
5 Grenada FRP Grating Market Trends |
6 Grenada FRP Grating Market Segmentations |
6.1 Grenada FRP Grating Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada FRP Grating Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.3 Grenada FRP Grating Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.1.4 Grenada FRP Grating Market Revenues & Volume, By Phenolic, 2021-2031F |
6.2 Grenada FRP Grating Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Grenada FRP Grating Market Revenues & Volume, By Molded, 2021-2031F |
6.2.3 Grenada FRP Grating Market Revenues & Volume, By Pultruded, 2021-2031F |
6.3 Grenada FRP Grating Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada FRP Grating Market Revenues & Volume, By Stair Treads, 2021-2031F |
6.3.3 Grenada FRP Grating Market Revenues & Volume, By Walkways, 2021-2031F |
6.3.4 Grenada FRP Grating Market Revenues & Volume, By Platforms, 2021-2031F |
7 Grenada FRP Grating Market Import-Export Trade Statistics |
7.1 Grenada FRP Grating Market Export to Major Countries |
7.2 Grenada FRP Grating Market Imports from Major Countries |
8 Grenada FRP Grating Market Key Performance Indicators |
8.1 Percentage increase in adoption of FRP gratings in construction and industrial projects |
8.2 Number of safety incidents reduced due to the use of FRP gratings |
8.3 Average lifespan of FRP gratings compared to traditional materials |
9 Grenada FRP Grating Market - Opportunity Assessment |
9.1 Grenada FRP Grating Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Grenada FRP Grating Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Grenada FRP Grating Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada FRP Grating Market - Competitive Landscape |
10.1 Grenada FRP Grating Market Revenue Share, By Companies, 2024 |
10.2 Grenada FRP Grating 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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