| Product Code: ETC7381571 | 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 key exporters such as the USA, Trinidad and Tobago, UAE, UK, and Japan for steel piston imports. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with limited competition among suppliers. The impressive compound annual growth rate (CAGR) of 6.96% from 2020 to 2024 reflects a steady upward trajectory in demand. Notably, the growth rate spiked to 12.42% in 2024, signaling a potentially lucrative market for steel piston suppliers looking to capitalize on Grenada`s import needs.
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 Steel Piston Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Steel Piston Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Steel Piston Market - Industry Life Cycle |
3.4 Grenada Steel Piston Market - Porter's Five Forces |
3.5 Grenada Steel Piston Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Grenada Steel Piston Market Revenues & Volume Share, By Coating Type, 2021 & 2031F |
3.7 Grenada Steel Piston Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Grenada Steel Piston Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.9 Grenada Steel Piston Market Revenues & Volume Share, By Shape, 2021 & 2031F |
4 Grenada Steel Piston Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for automotive vehicles in Grenada |
4.2.2 Increasing industrial activities and infrastructure development in the region |
4.2.3 Technological advancements in steel piston manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Competition from alternative materials like aluminum pistons |
4.3.3 Economic instability impacting consumer purchasing power |
5 Grenada Steel Piston Market Trends |
6 Grenada Steel Piston Market, By Types |
6.1 Grenada Steel Piston Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Grenada Steel Piston Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Grenada Steel Piston Market Revenues & Volume, By Piston Head, 2021- 2031F |
6.1.4 Grenada Steel Piston Market Revenues & Volume, By Piston Ring, 2021- 2031F |
6.1.5 Grenada Steel Piston Market Revenues & Volume, By Piston Pin, 2021- 2031F |
6.2 Grenada Steel Piston Market, By Coating Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Steel Piston Market Revenues & Volume, By Dry Film Lubricant, 2021- 2031F |
6.2.3 Grenada Steel Piston Market Revenues & Volume, By Thermal Barriers, 2021- 2031F |
6.2.4 Grenada Steel Piston Market Revenues & Volume, By Oil Shedding Coatings, 2021- 2031F |
6.3 Grenada Steel Piston Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Steel Piston Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.3.3 Grenada Steel Piston Market Revenues & Volume, By Light Commercial Vehicle (LCV), 2021- 2031F |
6.3.4 Grenada Steel Piston Market Revenues & Volume, By High Commercial Vehicle (HCV), 2021- 2031F |
6.4 Grenada Steel Piston Market, By Fuel Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Steel Piston Market Revenues & Volume, By Gasoline, 2021- 2031F |
6.4.3 Grenada Steel Piston Market Revenues & Volume, By Diesel, 2021- 2031F |
6.4.4 Grenada Steel Piston Market Revenues & Volume, By Alternate Fuel, 2021- 2031F |
6.5 Grenada Steel Piston Market, By Shape |
6.5.1 Overview and Analysis |
6.5.2 Grenada Steel Piston Market Revenues & Volume, By Flat-Top Piston, 2021- 2031F |
6.5.3 Grenada Steel Piston Market Revenues & Volume, By Bowl Piston, 2021- 2031F |
6.5.4 Grenada Steel Piston Market Revenues & Volume, By Dome Piston, 2021- 2031F |
7 Grenada Steel Piston Market Import-Export Trade Statistics |
7.1 Grenada Steel Piston Market Export to Major Countries |
7.2 Grenada Steel Piston Market Imports from Major Countries |
8 Grenada Steel Piston Market Key Performance Indicators |
8.1 Average selling price of steel pistons in Grenada |
8.2 Adoption rate of new steel piston manufacturing technologies |
8.3 Percentage of automotive vehicles in Grenada using steel pistons |
9 Grenada Steel Piston Market - Opportunity Assessment |
9.1 Grenada Steel Piston Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Grenada Steel Piston Market Opportunity Assessment, By Coating Type, 2021 & 2031F |
9.3 Grenada Steel Piston Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 Grenada Steel Piston Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.5 Grenada Steel Piston Market Opportunity Assessment, By Shape, 2021 & 2031F |
10 Grenada Steel Piston Market - Competitive Landscape |
10.1 Grenada Steel Piston Market Revenue Share, By Companies, 2024 |
10.2 Grenada Steel Piston 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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