Grenada Metal Casting Market (2025-2031) | Companies, Share, Size, Growth, Segmentation, Industry, Forecast, Trends, Analysis, Value, Outlook & Revenue

Name: Grenada Metal Casting Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Metal Casting Market, Grenada Metal Casting Market, Grenada Metal Casting Market Revenues, Grenada Metal Casting Market Share, Grenada Metal Casting Market Size, Grenada Metal Casting Market Outlook, Grenada Metal Casting Market Report, Grenada Metal Casting Market Competition, Grenada Metal Casting Market Overview, Grenada Metal Casting Market Trends, Grenada Metal Casting Market Forecast

Market Forecast By Process (Gravity Casting, High-Pressure Die Casting (HPDC), Low-Pressure Die Casting (LPDC), Sand Casting), By Material Type (Aluminum, Cast iron, Magnesium, Zinc, Others), By Application (Body Assemblies, Engine Parts, Transmission Parts), By Components (Alloy Wheels, Battery Housing, Cross Car Beam, Clutch Casing, Crank Cases, Cylinder Heads, Others), By Vehicle Type (Passenger Car, HCV), By Electric & Hybrid Vehicle Type (BEV, HEV, PHEV) And Competitive Landscape

Product Code: ETC4764631	Publication Date: Nov 2023	Updated Date: Oct 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Sachin Kumar Rai	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Grenada Metal Casting Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Grenada`s metal casting import market in 2024 continued to show high concentration, with the USA, Hong Kong, Trinidad and Tobago, China, and Spain being the top exporting countries. Despite a significant negative compound annual growth rate (CAGR) of -16.88% from 2020 to 2024, the market experienced a notable growth spurt in 2024 with a growth rate of 77.65% compared to the previous year. This volatility in growth rates suggests a dynamic market environment for metal casting imports in Grenada, potentially influenced by global economic factors and trade dynamics.

Grenada Metal Casting Market Overview

The metal casting market serves diverse industries, including construction, automotive, and manufacturing. Grenadas market benefits from the availability of lightweight and durable cast metal components. Advanced casting techniques such as investment and die casting are gaining traction to improve product precision and quality.

Drivers of the market

The Grenada metal casting market is being driven by the increasing demand for high-quality, durable metal components in industries such as automotive, construction, and machinery. Metal casting allows for the production of intricate and complex parts, making it essential in applications requiring precision and strength. As Grenada`s manufacturing industry continues to develop and diversify, there is a growing need for metal casting solutions to meet the demand for diverse products. The rise in demand for lightweight and high-performance metal components, along with technological advancements in casting processes, is further fueling market growth.

Challenges of the market

In the Grenada Metal Casting market, rising energy costs and the need for specialized infrastructure can significantly affect profitability. The production of cast metals requires substantial amounts of energy, and with fluctuating energy prices, manufacturers may face difficulty in maintaining competitive pricing. Additionally, the increasing demand for high-precision and complex metal parts means that foundries must continually invest in more advanced technologies and equipment. Environmental regulations governing emissions from casting operations also add another layer of complexity and cost to the market.

Government Policy of the market

The Grenadian government has implemented policies to boost the metal casting industry, particularly focusing on fostering sustainable and high-quality production. These policies include providing support for companies that adopt energy-efficient casting techniques and improving safety standards in the sector.

Key Highlights of the Report:

Grenada Metal Casting Market Outlook
Market Size of Grenada Metal Casting Market, 2024
Forecast of Grenada Metal Casting Market, 2031
Historical Data and Forecast of Grenada Metal Casting Revenues & Volume for the Period 2021-2031
Grenada Metal Casting Market Trend Evolution
Grenada Metal Casting Market Drivers and Challenges
Grenada Metal Casting Price Trends
Grenada Metal Casting Porter`s Five Forces
Grenada Metal Casting Industry Life Cycle
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Process for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Gravity Casting for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By High-Pressure Die Casting (HPDC) for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Low-Pressure Die Casting (LPDC) for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Sand Casting for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Material Type for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Aluminum for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Cast iron for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Magnesium for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Zinc for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Body Assemblies for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Engine Parts for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Transmission Parts for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Components for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Alloy Wheels for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Battery Housing for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Cross Car Beam for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Clutch Casing for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Crank Cases for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Cylinder Heads for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Vehicle Type for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Passenger Car for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By HCV for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By Electric & Hybrid Vehicle Type for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By BEV for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By HEV for the Period 2021-2031
Historical Data and Forecast of Grenada Metal Casting Market Revenues & Volume By PHEV for the Period 2021-2031
Grenada Metal Casting Import Export Trade Statistics
Market Opportunity Assessment By Process
Market Opportunity Assessment By Material Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By Components
Market Opportunity Assessment By Vehicle Type
Market Opportunity Assessment By Electric & Hybrid Vehicle Type
Grenada Metal Casting Top Companies Market Share
Grenada Metal Casting Competitive Benchmarking By Technical and Operational Parameters
Grenada Metal Casting Company Profiles
Grenada Metal Casting Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Metal Casting Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Metal Casting Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Metal Casting Market - Industry Life Cycle

3.4 Grenada Metal Casting Market - Porter's Five Forces

3.5 Grenada Metal Casting Market Revenues & Volume Share, By Process, 2021 & 2031F

3.6 Grenada Metal Casting Market Revenues & Volume Share, By Material Type, 2021 & 2031F

3.7 Grenada Metal Casting Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 Grenada Metal Casting Market Revenues & Volume Share, By Components, 2021 & 2031F

3.9 Grenada Metal Casting Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F

3.10 Grenada Metal Casting Market Revenues & Volume Share, By Electric & Hybrid Vehicle Type, 2021 & 2031F

4 Grenada Metal Casting Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Grenada Metal Casting Market Trends

6 Grenada Metal Casting Market Segmentations

6.1 Grenada Metal Casting Market, By Process

6.1.1 Overview and Analysis

6.1.2 Grenada Metal Casting Market Revenues & Volume, By Gravity Casting, 2021-2031F

6.1.3 Grenada Metal Casting Market Revenues & Volume, By High-Pressure Die Casting (HPDC), 2021-2031F

6.1.4 Grenada Metal Casting Market Revenues & Volume, By Low-Pressure Die Casting (LPDC), 2021-2031F

6.1.5 Grenada Metal Casting Market Revenues & Volume, By Sand Casting, 2021-2031F

6.2 Grenada Metal Casting Market, By Material Type

6.2.1 Overview and Analysis

6.2.2 Grenada Metal Casting Market Revenues & Volume, By Aluminum, 2021-2031F

6.2.3 Grenada Metal Casting Market Revenues & Volume, By Cast iron, 2021-2031F

6.2.4 Grenada Metal Casting Market Revenues & Volume, By Magnesium, 2021-2031F

6.2.5 Grenada Metal Casting Market Revenues & Volume, By Zinc, 2021-2031F

6.2.6 Grenada Metal Casting Market Revenues & Volume, By Others, 2021-2031F

6.3 Grenada Metal Casting Market, By Application

6.3.1 Overview and Analysis

6.3.2 Grenada Metal Casting Market Revenues & Volume, By Body Assemblies, 2021-2031F

6.3.3 Grenada Metal Casting Market Revenues & Volume, By Engine Parts, 2021-2031F

6.3.4 Grenada Metal Casting Market Revenues & Volume, By Transmission Parts, 2021-2031F

6.4 Grenada Metal Casting Market, By Components

6.4.1 Overview and Analysis

6.4.2 Grenada Metal Casting Market Revenues & Volume, By Alloy Wheels, 2021-2031F

6.4.3 Grenada Metal Casting Market Revenues & Volume, By Battery Housing, 2021-2031F

6.4.4 Grenada Metal Casting Market Revenues & Volume, By Cross Car Beam, 2021-2031F

6.4.5 Grenada Metal Casting Market Revenues & Volume, By Clutch Casing, 2021-2031F

6.4.6 Grenada Metal Casting Market Revenues & Volume, By Crank Cases, 2021-2031F

6.4.7 Grenada Metal Casting Market Revenues & Volume, By Cylinder Heads, 2021-2031F

6.5 Grenada Metal Casting Market, By Vehicle Type

6.5.1 Overview and Analysis

6.5.2 Grenada Metal Casting Market Revenues & Volume, By Passenger Car, 2021-2031F

6.5.3 Grenada Metal Casting Market Revenues & Volume, By HCV, 2021-2031F

6.6 Grenada Metal Casting Market, By Electric & Hybrid Vehicle Type

6.6.1 Overview and Analysis

6.6.2 Grenada Metal Casting Market Revenues & Volume, By BEV, 2021-2031F

6.6.3 Grenada Metal Casting Market Revenues & Volume, By HEV, 2021-2031F

6.6.4 Grenada Metal Casting Market Revenues & Volume, By PHEV, 2021-2031F

7 Grenada Metal Casting Market Import-Export Trade Statistics

7.1 Grenada Metal Casting Market Export to Major Countries

7.2 Grenada Metal Casting Market Imports from Major Countries

8 Grenada Metal Casting Market Key Performance Indicators

9 Grenada Metal Casting Market - Opportunity Assessment

9.1 Grenada Metal Casting Market Opportunity Assessment, By Process, 2021 & 2031F

9.2 Grenada Metal Casting Market Opportunity Assessment, By Material Type, 2021 & 2031F

9.3 Grenada Metal Casting Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 Grenada Metal Casting Market Opportunity Assessment, By Components, 2021 & 2031F

9.5 Grenada Metal Casting Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F

9.6 Grenada Metal Casting Market Opportunity Assessment, By Electric & Hybrid Vehicle Type, 2021 & 2031F

10 Grenada Metal Casting Market - Competitive Landscape

10.1 Grenada Metal Casting Market Revenue Share, By Companies, 2024

10.2 Grenada Metal Casting Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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