| Product Code: ETC7378876 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely on imports of pressure relief valves, with top exporting countries being the USA, Metropolitan France, UK, South Africa, and Trinidad and Tobago. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 14.34% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -7.12%. This suggests a potential shift or consolidation in the market dynamics for pressure relief valves 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 Pressure Relief Valves Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Pressure Relief Valves Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Pressure Relief Valves Market - Industry Life Cycle |
3.4 Grenada Pressure Relief Valves Market - Porter's Five Forces |
3.5 Grenada Pressure Relief Valves Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Pressure Relief Valves Market Revenues & Volume Share, By Set Pressure, 2021 & 2031F |
3.7 Grenada Pressure Relief Valves Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Pressure Relief Valves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on industrial safety regulations and standards |
4.2.2 Growing demand for pressure relief valves in the oil and gas industry |
4.2.3 Rise in adoption of pressure relief valves in chemical processing plants |
4.3 Market Restraints |
4.3.1 High initial investment required for installation and maintenance |
4.3.2 Fluctuating prices of raw materials impacting manufacturing costs |
4.3.3 Intense competition leading to pricing pressures in the market |
5 Grenada Pressure Relief Valves Market Trends |
6 Grenada Pressure Relief Valves Market, By Types |
6.1 Grenada Pressure Relief Valves Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Pressure Relief Valves Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Pressure Relief Valves Market Revenues & Volume, By Pilot Operated, 2021- 2031F |
6.1.4 Grenada Pressure Relief Valves Market Revenues & Volume, By Spring Loaded, 2021- 2031F |
6.1.5 Grenada Pressure Relief Valves Market Revenues & Volume, By Dead Weight, 2021- 2031F |
6.1.6 Grenada Pressure Relief Valves Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Pressure Relief Valves Market, By Set Pressure |
6.2.1 Overview and Analysis |
6.2.2 Grenada Pressure Relief Valves Market Revenues & Volume, By High Pressure, 2021- 2031F |
6.2.3 Grenada Pressure Relief Valves Market Revenues & Volume, By Medium Pressure, 2021- 2031F |
6.2.4 Grenada Pressure Relief Valves Market Revenues & Volume, By Low Pressure, 2021- 2031F |
6.3 Grenada Pressure Relief Valves Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Pressure Relief Valves Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.3 Grenada Pressure Relief Valves Market Revenues & Volume, By Chemical Processing, 2021- 2031F |
6.3.4 Grenada Pressure Relief Valves Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.3.5 Grenada Pressure Relief Valves Market Revenues & Volume, By Paper & Pulp, 2021- 2031F |
6.3.6 Grenada Pressure Relief Valves Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.3.7 Grenada Pressure Relief Valves Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
7 Grenada Pressure Relief Valves Market Import-Export Trade Statistics |
7.1 Grenada Pressure Relief Valves Market Export to Major Countries |
7.2 Grenada Pressure Relief Valves Market Imports from Major Countries |
8 Grenada Pressure Relief Valves Market Key Performance Indicators |
8.1 Percentage of industries compliant with safety regulations |
8.2 Number of new oil and gas projects incorporating pressure relief valves |
8.3 Rate of adoption of pressure relief valves in emerging markets |
9 Grenada Pressure Relief Valves Market - Opportunity Assessment |
9.1 Grenada Pressure Relief Valves Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Pressure Relief Valves Market Opportunity Assessment, By Set Pressure, 2021 & 2031F |
9.3 Grenada Pressure Relief Valves Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Pressure Relief Valves Market - Competitive Landscape |
10.1 Grenada Pressure Relief Valves Market Revenue Share, By Companies, 2024 |
10.2 Grenada Pressure Relief Valves Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |