| Product Code: ETC5831804 | 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 rockwool import market continued to showcase high concentration with top exporting countries including Lebanon, Trinidad and Tobago, Canada, UAE, and the USA. Despite a slight decline in the compound annual growth rate from 2020 to 2024 at -1.01%, the market experienced a notable growth spurt in 2024 with a growth rate of 24.45% compared to the previous year. This signals a potential shift in market dynamics and opportunities for stakeholders in the rockwool import industry 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 Rockwool Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Rockwool Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Rockwool Market - Industry Life Cycle |
3.4 Grenada Rockwool Market - Porter's Five Forces |
3.5 Grenada Rockwool Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Rockwool Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Grenada Rockwool Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable and energy-efficient insulation solutions |
4.2.2 Increasing focus on green building practices and regulations |
4.2.3 Expansion of the construction industry in Grenada |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with rockwool installation |
4.3.2 Limited awareness and education about the benefits of rockwool insulation |
4.3.3 Availability of alternative insulation materials in the market |
5 Grenada Rockwool Market Trends |
6 Grenada Rockwool Market Segmentations |
6.1 Grenada Rockwool Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Rockwool Market Revenues & Volume, By Roving, 2021-2031F |
6.1.3 Grenada Rockwool Market Revenues & Volume, By Chopped Strands, 2021-2031F |
6.1.4 Grenada Rockwool Market Revenues & Volume, By Fabric, 2021-2031F |
6.1.5 Grenada Rockwool Market Revenues & Volume, By Mesh or grids, 2021-2031F |
6.2 Grenada Rockwool Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Rockwool Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Grenada Rockwool Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Grenada Rockwool Market Revenues & Volume, By Aerospace & Defence, 2021-2031F |
6.2.5 Grenada Rockwool Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.6 Grenada Rockwool Market Revenues & Volume, By Sports & Related Accessories, 2021-2031F |
7 Grenada Rockwool Market Import-Export Trade Statistics |
7.1 Grenada Rockwool Market Export to Major Countries |
7.2 Grenada Rockwool Market Imports from Major Countries |
8 Grenada Rockwool Market Key Performance Indicators |
8.1 Energy savings achieved through rockwool insulation installations |
8.2 Number of green building certifications obtained by projects using rockwool |
8.3 Adoption rate of rockwool insulation in new construction projects |
8.4 Efficiency of rockwool in maintaining indoor temperature and reducing energy consumption |
8.5 Customer satisfaction and feedback on the performance of rockwool insulation |
9 Grenada Rockwool Market - Opportunity Assessment |
9.1 Grenada Rockwool Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Rockwool Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Grenada Rockwool Market - Competitive Landscape |
10.1 Grenada Rockwool Market Revenue Share, By Companies, 2024 |
10.2 Grenada Rockwool 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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