| Product Code: ETC5303148 | 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 continued to rely on imports of piping systems and piping spools, with top exporting countries being the USA, Trinidad and Tobago, UK, Puerto Rico, and China. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). Despite a modest compound annual growth rate (CAGR) of 1.6% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -7.71%. These trends suggest a stable yet slightly declining market for piping imports 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 Piping System And Piping Spools Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Piping System And Piping Spools Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Piping System And Piping Spools Market - Industry Life Cycle |
3.4 Grenada Piping System And Piping Spools Market - Porter's Five Forces |
3.5 Grenada Piping System And Piping Spools Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Grenada Piping System And Piping Spools Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Piping System And Piping Spools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in Grenada |
4.2.2 Increasing government investments in infrastructure projects |
4.2.3 Rising demand for energy and utilities sector in Grenada |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Lack of skilled labor in the piping industry in Grenada |
4.3.3 Stringent regulatory requirements for piping systems |
5 Grenada Piping System And Piping Spools Market Trends |
6 Grenada Piping System And Piping Spools Market Segmentations |
6.1 Grenada Piping System And Piping Spools Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Grenada Piping System And Piping Spools Market Revenues & Volume, By Stainless steel, 2021-2031F |
6.1.3 Grenada Piping System And Piping Spools Market Revenues & Volume, By Carbon steel, 2021-2031F |
6.1.4 Grenada Piping System And Piping Spools Market Revenues & Volume, By Alloy steel, 2021-2031F |
6.1.5 Grenada Piping System And Piping Spools Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Piping System And Piping Spools Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Piping System And Piping Spools Market Revenues & Volume, By Power plant, 2021-2031F |
6.2.3 Grenada Piping System And Piping Spools Market Revenues & Volume, By Petroleum refineries, 2021-2031F |
6.2.4 Grenada Piping System And Piping Spools Market Revenues & Volume, By Offshore, shipbuilding, and marine, 2021-2031F |
6.2.5 Grenada Piping System And Piping Spools Market Revenues & Volume, By Chemical and fertilizers, 2021-2031F |
6.2.6 Grenada Piping System And Piping Spools Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.7 Grenada Piping System And Piping Spools Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Piping System And Piping Spools Market Import-Export Trade Statistics |
7.1 Grenada Piping System And Piping Spools Market Export to Major Countries |
7.2 Grenada Piping System And Piping Spools Market Imports from Major Countries |
8 Grenada Piping System And Piping Spools Market Key Performance Indicators |
8.1 Percentage of infrastructure projects utilizing piping systems in Grenada |
8.2 Adoption rate of innovative piping technologies in the market |
8.3 Average project completion time for piping system installations |
9 Grenada Piping System And Piping Spools Market - Opportunity Assessment |
9.1 Grenada Piping System And Piping Spools Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Grenada Piping System And Piping Spools Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Piping System And Piping Spools Market - Competitive Landscape |
10.1 Grenada Piping System And Piping Spools Market Revenue Share, By Companies, 2024 |
10.2 Grenada Piping System And Piping Spools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |