| Product Code: ETC5318709 | 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 |
Grenada`s silica sand import market saw significant growth in 2024, with top exporters including Guyana, Dominica, USA, and Barbados. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 17.95%, indicating a strong upward trend in demand. Additionally, the growth rate in 2024 alone was notable at 11.39%, suggesting continued momentum in the silica sand import market for Grenada.
By 2027, Grenada's Silica Sand market is forecasted to achieve a stable growth rate of 2.73%, with United States of America leading the North America region, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Silica Sand Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Silica Sand Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Silica Sand Market - Industry Life Cycle |
3.4 Grenada Silica Sand Market - Porter's Five Forces |
3.5 Grenada Silica Sand Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Grenada Silica Sand Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for silica sand in the construction industry for applications such as concrete, ceramics, and glass manufacturing. |
4.2.2 Growth in the oil and gas industry driving the demand for silica sand for hydraulic fracturing (fracking) operations. |
4.2.3 Rising environmental concerns leading to a shift towards the use of silica sand in water filtration and purification systems. |
4.3 Market Restraints |
4.3.1 Environmental regulations and concerns regarding the mining and extraction of silica sand in Grenada. |
4.3.2 Fluctuations in global oil prices impacting the demand for silica sand in hydraulic fracturing activities. |
4.3.3 Competition from alternative materials or substitutes affecting the market growth. |
5 Grenada Silica Sand Market Trends |
6 Grenada Silica Sand Market Segmentations |
6.1 Grenada Silica Sand Market, By End-Use |
6.1.1 Overview and Analysis |
6.1.2 Grenada Silica Sand Market Revenues & Volume, By Glass Industry, 2021-2031F |
6.1.3 Grenada Silica Sand Market Revenues & Volume, By Foundry, 2021-2031F |
6.1.4 Grenada Silica Sand Market Revenues & Volume, By Hydraulic Fracturing, 2021-2031F |
6.1.5 Grenada Silica Sand Market Revenues & Volume, By Filtration, 2021-2031F |
6.1.6 Grenada Silica Sand Market Revenues & Volume, By Abrasives, 2021-2031F |
6.1.7 Grenada Silica Sand Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Silica Sand Market Import-Export Trade Statistics |
7.1 Grenada Silica Sand Market Export to Major Countries |
7.2 Grenada Silica Sand Market Imports from Major Countries |
8 Grenada Silica Sand Market Key Performance Indicators |
8.1 Average selling price of silica sand in Grenada. |
8.2 Number of new construction projects utilizing silica sand. |
8.3 Investment in research and development for innovative applications of silica sand. |
8.4 Environmental sustainability initiatives implemented by silica sand mining companies in Grenada. |
8.5 Percentage of silica sand used in water filtration systems compared to traditional filtration materials. |
9 Grenada Silica Sand Market - Opportunity Assessment |
9.1 Grenada Silica Sand Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Grenada Silica Sand Market - Competitive Landscape |
10.1 Grenada Silica Sand Market Revenue Share, By Companies, 2024 |
10.2 Grenada Silica Sand 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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