| Product Code: ETC5714897 | 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 shipments of FRP tanks in 2024 continued to be dominated by key exporting countries, including the USA, UAE, Trinidad and Tobago, China, and the UK. The market displayed a high level of concentration, with the Herfindahl-Hirschman Index (HHI) remaining notably elevated throughout the year. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a strong 12.2%, indicating sustained market expansion. Although the growth rate experienced a slight dip from 2023 to 2024, at 0.77%, the overall trend suggests a positive trajectory for the industry.
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 Tank Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada FRP Tank Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada FRP Tank Market - Industry Life Cycle |
3.4 Grenada FRP Tank Market - Porter's Five Forces |
3.5 Grenada FRP Tank Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Grenada FRP Tank Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Grenada FRP Tank Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada FRP Tank Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable storage solutions |
4.2.2 Growing awareness about the benefits of using FRP tanks over traditional materials |
4.2.3 Government initiatives promoting the use of eco-friendly and corrosion-resistant products |
4.3 Market Restraints |
4.3.1 High initial investment cost for FRP tanks compared to other materials |
4.3.2 Limited awareness among end-users about the advantages of FRP tanks |
4.3.3 Challenges related to proper installation and maintenance of FRP tanks |
5 Grenada FRP Tank Market Trends |
6 Grenada FRP Tank Market Segmentations |
6.1 Grenada FRP Tank Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada FRP Tank Market Revenues & Volume, By Polyester & Epoxy, 2021-2031F |
6.2 Grenada FRP Tank Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada FRP Tank Market Revenues & Volume, By Carbon , 2021-2031F |
6.2.3 Grenada FRP Tank Market Revenues & Volume, By Glass, 2021-2031F |
6.3 Grenada FRP Tank Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada FRP Tank Market Revenues & Volume, By Water & Waste Water Treatment, 2021-2031F |
6.3.3 Grenada FRP Tank Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.4 Grenada FRP Tank Market Revenues & Volume, By Oil , 2021-2031F |
6.3.5 Grenada FRP Tank Market Revenues & Volume, By Gas, 2021-2031F |
6.3.6 Grenada FRP Tank Market Revenues & Volume, By Pulp & Paper, 2021-2031F |
6.3.7 Grenada FRP Tank Market Revenues & Volume, By Power, 2021-2031F |
7 Grenada FRP Tank Market Import-Export Trade Statistics |
7.1 Grenada FRP Tank Market Export to Major Countries |
7.2 Grenada FRP Tank Market Imports from Major Countries |
8 Grenada FRP Tank Market Key Performance Indicators |
8.1 Number of new installations of FRP tanks in Grenada |
8.2 Percentage increase in the adoption of FRP tanks over traditional materials |
8.3 Rate of customer satisfaction with FRP tank performance and durability |
9 Grenada FRP Tank Market - Opportunity Assessment |
9.1 Grenada FRP Tank Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Grenada FRP Tank Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Grenada FRP Tank Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada FRP Tank Market - Competitive Landscape |
10.1 Grenada FRP Tank Market Revenue Share, By Companies, 2024 |
10.2 Grenada FRP Tank Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |