| Product Code: ETC5712503 | 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 GFRP composites in 2024 continued to be dominated by top exporters such as the USA, UAE, Trinidad and Tobago, China, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was a strong 12.2%, with a slight growth rate increase of 0.77% from 2023 to 2024. These figures suggest a stable and growing market for GFRP composites in Grenada, with key players maintaining their positions in 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 GFRP Composites Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada GFRP Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada GFRP Composites Market - Industry Life Cycle |
3.4 Grenada GFRP Composites Market - Porter's Five Forces |
3.5 Grenada GFRP Composites Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
3.6 Grenada GFRP Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Grenada GFRP Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Grenada GFRP Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in industries like automotive, aerospace, and construction |
4.2.2 Growing focus on sustainability and environmental concerns driving the adoption of GFRP composites |
4.2.3 Advancements in manufacturing technologies leading to cost-effective production of GFRP composites |
4.3 Market Restraints |
4.3.1 High initial investment and production costs associated with GFRP composites |
4.3.2 Limited awareness and understanding of the benefits of GFRP composites among end-users |
4.3.3 Challenges related to recyclability and disposal of GFRP composites |
5 Grenada GFRP Composites Market Trends |
6 Grenada GFRP Composites Market Segmentations |
6.1 Grenada GFRP Composites Market, By End Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Grenada GFRP Composites Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.3 Grenada GFRP Composites Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2 Grenada GFRP Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada GFRP Composites Market Revenues & Volume, By Epoxy, 2021-2031F |
6.2.3 Grenada GFRP Composites Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.4 Grenada GFRP Composites Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.3 Grenada GFRP Composites Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Grenada GFRP Composites Market Revenues & Volume, By Compression & Injection Molding, 2021-2031F |
6.3.3 Grenada GFRP Composites Market Revenues & Volume, By RTM/VARTM, 2021-2031F |
6.3.4 Grenada GFRP Composites Market Revenues & Volume, By Layup, 2021-2031F |
7 Grenada GFRP Composites Market Import-Export Trade Statistics |
7.1 Grenada GFRP Composites Market Export to Major Countries |
7.2 Grenada GFRP Composites Market Imports from Major Countries |
8 Grenada GFRP Composites Market Key Performance Indicators |
8.1 Research and development investment in GFRP composite technologies |
8.2 Adoption rate of GFRP composites in key industries |
8.3 Number of patents filed for GFRP composite innovations |
8.4 Environmental impact assessment and sustainability metrics related to GFRP composite production and usage |
8.5 Percentage of GFRP composite materials in the overall material usage of industries adopting composites. |
9 Grenada GFRP Composites Market - Opportunity Assessment |
9.1 Grenada GFRP Composites Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
9.2 Grenada GFRP Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Grenada GFRP Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Grenada GFRP Composites Market - Competitive Landscape |
10.1 Grenada GFRP Composites Market Revenue Share, By Companies, 2024 |
10.2 Grenada GFRP Composites 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.
To discover high-growth global markets and optimize your business strategy:
Click Here