| Product Code: ETC5212176 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s safety valve import market in 2024 continues to showcase high concentration, with the top countries being the USA, Metropolitan France, UK, South Africa, and Trinidad and Tobago. Despite a moderate compound annual growth rate of 3.35% from 2020-2024, there was a notable decline in growth rate from 2023-2024 at -19.04%. This fluctuation highlights potential market challenges or shifts in demand dynamics. Monitoring these trends can provide valuable insights for stakeholders looking to navigate the Grenada safety valve import market effectively.
By 2027, the Safety Valves market in Grenada is anticipated to reach a growth rate of 2.54%, as part of an increasingly competitive North America region, where United States of America remains at the forefront, supported by Canada, Trinidad and Tobago, Jamaica and Bahamas, driving innovations and market adoption across sectors.

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 Safety Valves Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Safety Valves Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Safety Valves Market - Industry Life Cycle |
3.4 Grenada Safety Valves Market - Porter's Five Forces |
3.5 Grenada Safety Valves Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Grenada Safety Valves Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.7 Grenada Safety Valves Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Grenada Safety 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 safety valves in oil and gas, chemical, and pharmaceutical industries |
4.2.3 Technological advancements leading to the development of more efficient and reliable safety valves |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Intense competition from existing market players and new entrants |
4.3.3 Economic downturn affecting investments in industrial sectors, impacting the demand for safety valves |
5 Grenada Safety Valves Market Trends |
6 Grenada Safety Valves Market Segmentations |
6.1 Grenada Safety Valves Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Grenada Safety Valves Market Revenues & Volume, By Steel, 2021-2031F |
6.1.3 Grenada Safety Valves Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.1.4 Grenada Safety Valves Market Revenues & Volume, By Alloy, 2021-2031F |
6.1.5 Grenada Safety Valves Market Revenues & Volume, By Cryogenic, 2021-2031F |
6.1.6 Grenada Safety Valves Market Revenues & Volume, By Others (Brass, Bronze, And Plastic), 2021-2031F |
6.2 Grenada Safety Valves Market, By Size |
6.2.1 Overview and Analysis |
6.2.2 Grenada Safety Valves Market Revenues & Volume, By Up To 1? |
6.2.3 Grenada Safety Valves Market Revenues & Volume, By 1? |
6.2.4 Grenada Safety Valves Market Revenues & Volume, By 6? |
6.2.5 Grenada Safety Valves Market Revenues & Volume, By 25? |
6.2.6 Grenada Safety Valves Market Revenues & Volume, By 50? |
6.3 Grenada Safety Valves Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Grenada Safety Valves Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.3 Grenada Safety Valves Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.3.4 Grenada Safety Valves Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.5 Grenada Safety Valves Market Revenues & Volume, By Water & Wastewater, 2021-2031F |
6.3.6 Grenada Safety Valves Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.7 Grenada Safety Valves Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.8 Grenada Safety Valves Market Revenues & Volume, By Metal & Mining, 2021-2031F |
6.3.9 Grenada Safety Valves Market Revenues & Volume, By Metal & Mining, 2021-2031F |
7 Grenada Safety Valves Market Import-Export Trade Statistics |
7.1 Grenada Safety Valves Market Export to Major Countries |
7.2 Grenada Safety Valves Market Imports from Major Countries |
8 Grenada Safety Valves Market Key Performance Indicators |
8.1 Number of safety valve installations in key industries |
8.2 Rate of adoption of smart safety valve technologies |
8.3 Percentage of safety valve failures compared to total installations |
9 Grenada Safety Valves Market - Opportunity Assessment |
9.1 Grenada Safety Valves Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Grenada Safety Valves Market Opportunity Assessment, By Size, 2021 & 2031F |
9.3 Grenada Safety Valves Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Grenada Safety Valves Market - Competitive Landscape |
10.1 Grenada Safety Valves Market Revenue Share, By Companies, 2024 |
10.2 Grenada Safety Valves 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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