| Product Code: ETC5738571 | 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`s molding compound import market continued to show significant growth with a high concentration of shipments from top exporters including the USA, Trinidad and Tobago, Barbados, Turkey, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was robust at 16.55%, with a continued growth rate of 7.75% from 2023 to 2024. This data suggests a strong and expanding market for molding compounds in Grenada, driven by imports from key trading partners.
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 Molding Compound Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Molding Compound Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Molding Compound Market - Industry Life Cycle |
3.4 Grenada Molding Compound Market - Porter's Five Forces |
3.5 Grenada Molding Compound Market Revenues & Volume Share, By Thermoset Resin Type, 2021 & 2031F |
3.6 Grenada Molding Compound Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Molding Compound Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance materials in various industries such as automotive, aerospace, and electronics is driving the growth of the Grenada molding compound market. |
4.2.2 Growing focus on sustainable and eco-friendly materials is leading to the adoption of Grenada molding compounds as they are recyclable and energy-efficient. |
4.2.3 Technological advancements in molding compounds, leading to improved properties such as strength, durability, and heat resistance, are driving market growth. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in Grenada molding compounds can impact the profitability of manufacturers and hinder market growth. |
4.3.2 Strict regulations related to emissions and waste disposal can increase manufacturing costs for Grenada molding compound producers. |
4.3.3 Intense competition from alternative materials like thermoplastics and composites can pose a challenge to the growth of the Grenada molding compound market. |
5 Grenada Molding Compound Market Trends |
6 Grenada Molding Compound Market Segmentations |
6.1 Grenada Molding Compound Market, By Thermoset Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Molding Compound Market Revenues & Volume, By Phenolic, 2021-2031F |
6.1.3 Grenada Molding Compound Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.4 Grenada Molding Compound Market Revenues & Volume, By Polyester , 2021-2031F |
6.1.5 Grenada Molding Compound Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Molding Compound Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Molding Compound Market Revenues & Volume, By Electricals, 2021-2031F |
6.2.3 Grenada Molding Compound Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.4 Grenada Molding Compound Market Revenues & Volume, By Automotive , 2021-2031F |
6.2.5 Grenada Molding Compound Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Molding Compound Market Import-Export Trade Statistics |
7.1 Grenada Molding Compound Market Export to Major Countries |
7.2 Grenada Molding Compound Market Imports from Major Countries |
8 Grenada Molding Compound Market Key Performance Indicators |
8.1 Research and development investment in new formulations and technologies to enhance the performance of Grenada molding compounds. |
8.2 Adoption rate of Grenada molding compounds in key end-use industries. |
8.3 Number of patents filed for innovative Grenada molding compound solutions. |
8.4 Customer satisfaction levels and feedback on the performance of Grenada molding compounds in real-world applications. |
9 Grenada Molding Compound Market - Opportunity Assessment |
9.1 Grenada Molding Compound Market Opportunity Assessment, By Thermoset Resin Type, 2021 & 2031F |
9.2 Grenada Molding Compound Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Molding Compound Market - Competitive Landscape |
10.1 Grenada Molding Compound Market Revenue Share, By Companies, 2024 |
10.2 Grenada Molding Compound 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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