| Product Code: ETC5748413 | 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 high-performance insulation materials in 2024 continued to be dominated by Lebanon, Trinidad and Tobago, Canada, UAE, and the USA. Despite a challenging market environment with a negative CAGR of -1.01% from 2020 to 2024, the sector showed a promising growth rate of 24.45% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, highlighting the strong presence of these top exporting countries in Grenada`s insulation materials market. This data suggests potential opportunities for market players to capitalize on the growing demand for high-performance insulation materials 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 High-Performance Insulation Materials Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada High-Performance Insulation Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada High-Performance Insulation Materials Market - Industry Life Cycle |
3.4 Grenada High-Performance Insulation Materials Market - Porter's Five Forces |
3.5 Grenada High-Performance Insulation Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada High-Performance Insulation Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada High-Performance Insulation Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient buildings and sustainability initiatives |
4.2.2 Stringent regulations and building codes focusing on energy efficiency |
4.2.3 Growing awareness about the benefits of high-performance insulation materials |
4.3 Market Restraints |
4.3.1 High initial costs of high-performance insulation materials |
4.3.2 Lack of skilled labor for installation and maintenance |
4.3.3 Limited availability of raw materials for manufacturing |
5 Grenada High-Performance Insulation Materials Market Trends |
6 Grenada High-Performance Insulation Materials Market Segmentations |
6.1 Grenada High-Performance Insulation Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada High-Performance Insulation Materials Market Revenues & Volume, By Aerogel, 2021-2031F |
6.1.3 Grenada High-Performance Insulation Materials Market Revenues & Volume, By Ceramic Fiber, 2021-2031F |
6.1.4 Grenada High-Performance Insulation Materials Market Revenues & Volume, By Glass Bubble, 2021-2031F |
6.1.5 Grenada High-Performance Insulation Materials Market Revenues & Volume, By EPS, 2021-2031F |
6.1.6 Grenada High-Performance Insulation Materials Market Revenues & Volume, By XPS, 2021-2031F |
6.2 Grenada High-Performance Insulation Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada High-Performance Insulation Materials Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.3 Grenada High-Performance Insulation Materials Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Grenada High-Performance Insulation Materials Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Grenada High-Performance Insulation Materials Market Revenues & Volume, By Transportation , 2021-2031F |
6.2.6 Grenada High-Performance Insulation Materials Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.7 Grenada High-Performance Insulation Materials Market Revenues & Volume, By Automotive, 2021-2031F |
7 Grenada High-Performance Insulation Materials Market Import-Export Trade Statistics |
7.1 Grenada High-Performance Insulation Materials Market Export to Major Countries |
7.2 Grenada High-Performance Insulation Materials Market Imports from Major Countries |
8 Grenada High-Performance Insulation Materials Market Key Performance Indicators |
8.1 Energy savings achieved by using high-performance insulation materials |
8.2 Number of green building certifications obtained by projects using these materials |
8.3 Percentage increase in adoption of high-performance insulation materials in construction projects |
9 Grenada High-Performance Insulation Materials Market - Opportunity Assessment |
9.1 Grenada High-Performance Insulation Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada High-Performance Insulation Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada High-Performance Insulation Materials Market - Competitive Landscape |
10.1 Grenada High-Performance Insulation Materials Market Revenue Share, By Companies, 2024 |
10.2 Grenada High-Performance Insulation Materials 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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