| Product Code: ETC5391593 | 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 iron casting import market in 2024 continued to see a high level of concentration, with the top exporters being the USA, China, Guyana, Trinidad and Tobago, and the UK. Despite the significant market concentration, the industry experienced a sharp decline in both the CAGR (-45.83%) and the growth rate from 2023 to 2024 (-92.42%). This indicates a challenging year for iron casting imports in Grenada, with potential shifts in market dynamics and demand patterns impacting the industry`s performance.
In the North America region, the Iron Casting market in Grenada is projected to expand at a stable growth rate of 1.51% by 2027. The largest economy is United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Iron Casting Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Iron Casting Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Iron Casting Market - Industry Life Cycle |
3.4 Grenada Iron Casting Market - Porter's Five Forces |
3.5 Grenada Iron Casting Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Iron Casting Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Iron Casting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for iron castings in industries such as automotive, construction, and machinery. |
4.2.2 Increasing investments in infrastructure projects in Grenada requiring iron castings. |
4.2.3 Technological advancements leading to improved efficiency and quality in iron casting production. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Competition from alternative materials like aluminum and composites. |
4.3.3 Regulatory challenges related to environmental impact and waste management in iron casting processes. |
5 Grenada Iron Casting Market Trends |
6 Grenada Iron Casting Market Segmentations |
6.1 Grenada Iron Casting Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Iron Casting Market Revenues & Volume, By Malleable, 2021-2031F |
6.1.3 Grenada Iron Casting Market Revenues & Volume, By Gray, 2021-2031F |
6.1.4 Grenada Iron Casting Market Revenues & Volume, By Ductile, 2021-2031F |
6.2 Grenada Iron Casting Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Iron Casting Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Grenada Iron Casting Market Revenues & Volume, By Machinery & Tools, 2021-2031F |
6.2.4 Grenada Iron Casting Market Revenues & Volume, By Railways, 2021-2031F |
7 Grenada Iron Casting Market Import-Export Trade Statistics |
7.1 Grenada Iron Casting Market Export to Major Countries |
7.2 Grenada Iron Casting Market Imports from Major Countries |
8 Grenada Iron Casting Market Key Performance Indicators |
8.1 Scrap rate: Lower scrap rates indicate improved efficiency and cost-effectiveness in iron casting production. |
8.2 Energy consumption per unit: Monitoring energy consumption can highlight opportunities for cost savings and sustainability improvements. |
8.3 Defect rate: Lower defect rates signify higher quality products and production processes in the iron casting market. |
9 Grenada Iron Casting Market - Opportunity Assessment |
9.1 Grenada Iron Casting Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Iron Casting Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Iron Casting Market - Competitive Landscape |
10.1 Grenada Iron Casting Market Revenue Share, By Companies, 2024 |
10.2 Grenada Iron Casting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |