| Product Code: ETC5708513 | 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 see a high concentration of glass mat material imports, with the top exporting countries being the USA, China, Trinidad and Tobago, Canada, and Areas, nes. The industry experienced a notable growth rate of 110.84% from 2023 to 2024, contributing to a solid compound annual growth rate (CAGR) of 4.36% from 2020 to 2024. This data reflects strong demand for glass mat materials in Grenada and indicates a promising market outlook for the industry in the coming years.
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 Glass Mat Material Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Glass Mat Material Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Glass Mat Material Market - Industry Life Cycle |
3.4 Grenada Glass Mat Material Market - Porter's Five Forces |
3.5 Grenada Glass Mat Material Market Revenues & Volume Share, By Glass Type, 2021 & 2031F |
3.6 Grenada Glass Mat Material Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Grenada Glass Mat Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Glass Mat Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in the automotive and aerospace industries |
4.2.2 Growing focus on sustainable and eco-friendly materials in construction and infrastructure projects |
4.2.3 Rising investments in research and development for innovative glass mat material applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from other composite material options |
4.3.3 Regulatory challenges related to environmental standards and certifications |
5 Grenada Glass Mat Material Market Trends |
6 Grenada Glass Mat Material Market Segmentations |
6.1 Grenada Glass Mat Material Market, By Glass Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Glass Mat Material Market Revenues & Volume, By E-Glass, 2021-2031F |
6.1.3 Grenada Glass Mat Material Market Revenues & Volume, By ECR-Glass, 2021-2031F |
6.1.4 Grenada Glass Mat Material Market Revenues & Volume, By H-Glass, 2021-2031F |
6.1.5 Grenada Glass Mat Material Market Revenues & Volume, By AR-Glass, 2021-2031F |
6.1.6 Grenada Glass Mat Material Market Revenues & Volume, By S-Glass, 2021-2031F |
6.2 Grenada Glass Mat Material Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Glass Mat Material Market Revenues & Volume, By Glass Wool, 2021-2031F |
6.2.3 Grenada Glass Mat Material Market Revenues & Volume, By Direct , 2021-2031F |
6.2.4 Grenada Glass Mat Material Market Revenues & Volume, By Assembled Roving, 2021-2031F |
6.2.5 Grenada Glass Mat Material Market Revenues & Volume, By Yarn, 2021-2031F |
6.2.6 Grenada Glass Mat Material Market Revenues & Volume, By Chopped Strand, 2021-2031F |
6.3 Grenada Glass Mat Material Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Glass Mat Material Market Revenues & Volume, By Composites, 2021-2031F |
6.3.3 Grenada Glass Mat Material Market Revenues & Volume, By Insulation, 2021-2031F |
7 Grenada Glass Mat Material Market Import-Export Trade Statistics |
7.1 Grenada Glass Mat Material Market Export to Major Countries |
7.2 Grenada Glass Mat Material Market Imports from Major Countries |
8 Grenada Glass Mat Material Market Key Performance Indicators |
8.1 Percentage increase in adoption of Grenada glass mat material in new product developments |
8.2 Number of patents filed for new applications of Grenada glass mat material |
8.3 Average lifespan of equipment using Grenada glass mat material compared to traditional materials |
9 Grenada Glass Mat Material Market - Opportunity Assessment |
9.1 Grenada Glass Mat Material Market Opportunity Assessment, By Glass Type, 2021 & 2031F |
9.2 Grenada Glass Mat Material Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Grenada Glass Mat Material Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Glass Mat Material Market - Competitive Landscape |
10.1 Grenada Glass Mat Material Market Revenue Share, By Companies, 2024 |
10.2 Grenada Glass Mat Material 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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