| Product Code: ETC7372251 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to import high-performance insulation primarily from Lebanon, Trinidad and Tobago, Canada, UAE, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market for these imports. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable growth spurt in 2024 with a growth rate of 24.45% compared to the previous year. This suggests a potential upturn in demand for high-performance insulation in Grenada, with key suppliers maintaining their strong presence in the market.
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 High-Performance Insulation Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada High-Performance Insulation Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada High-Performance Insulation Market - Industry Life Cycle |
3.4 Grenada High-Performance Insulation Market - Porter's Five Forces |
3.5 Grenada High-Performance Insulation Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada High-Performance Insulation Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada High-Performance Insulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient buildings and sustainability practices driving the adoption of high-performance insulation in Grenada |
4.2.2 Stringent building codes and regulations promoting the use of high-performance insulation materials |
4.2.3 Growth in the construction industry and infrastructure development projects boosting the demand for insulation solutions |
4.3 Market Restraints |
4.3.1 High initial cost of high-performance insulation materials may deter widespread adoption |
4.3.2 Lack of awareness and education about the benefits of high-performance insulation among consumers and businesses in Grenada |
4.3.3 Limited availability of skilled workforce for installation and maintenance of high-performance insulation products |
5 Grenada High-Performance Insulation Market Trends |
6 Grenada High-Performance Insulation Market, By Types |
6.1 Grenada High-Performance Insulation Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada High-Performance Insulation Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada High-Performance Insulation Market Revenues & Volume, By Ceramic Fiber, 2021- 2031F |
6.1.4 Grenada High-Performance Insulation Market Revenues & Volume, By Aerogel, 2021- 2031F |
6.1.5 Grenada High-Performance Insulation Market Revenues & Volume, By Glass Bubbles, 2021- 2031F |
6.1.6 Grenada High-Performance Insulation Market Revenues & Volume, By Polystyrene, 2021- 2031F |
6.1.7 Grenada High-Performance Insulation Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada High-Performance Insulation Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada High-Performance Insulation Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.2.3 Grenada High-Performance Insulation Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.4 Grenada High-Performance Insulation Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.5 Grenada High-Performance Insulation Market Revenues & Volume, By Transportation, 2021- 2031F |
6.2.6 Grenada High-Performance Insulation Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.2.7 Grenada High-Performance Insulation Market Revenues & Volume, By Automotive, 2021- 2031F |
7 Grenada High-Performance Insulation Market Import-Export Trade Statistics |
7.1 Grenada High-Performance Insulation Market Export to Major Countries |
7.2 Grenada High-Performance Insulation Market Imports from Major Countries |
8 Grenada High-Performance Insulation Market Key Performance Indicators |
8.1 Energy savings achieved through the use of high-performance insulation in Grenada buildings |
8.2 Number of green building certifications or energy efficiency standards met by buildings using high-performance insulation |
8.3 Reduction in greenhouse gas emissions attributed to the adoption of high-performance insulation in Grenada |
9 Grenada High-Performance Insulation Market - Opportunity Assessment |
9.1 Grenada High-Performance Insulation Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada High-Performance Insulation Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada High-Performance Insulation Market - Competitive Landscape |
10.1 Grenada High-Performance Insulation Market Revenue Share, By Companies, 2024 |
10.2 Grenada High-Performance Insulation 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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