Grenada Steel Wire Market (2025-2031) | Revenue, Trends, Growth, Industry, Forecast, Companies, Size, Analysis, Share, Outlook, Segmentation & Value

Market Forecast By Form (Non-rope, Rope), By Type (Carbon Steel, Alloy Steel, Stainless Steel), By Thickness (0.01 mm to 0.8 mm, 0.8 mm to 1.6 mm, 1.6 mm to 4 mm, 4 mm & above), By End-use Industry (Construction, Automotive, Energy, Agriculture, Industrial, Others) And Competitive Landscape
Product Code: ETC5321901 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 Steel Wire Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Grenada continued to see a significant influx of steel wire import shipments, with Trinidad and Tobago, Netherlands, Canada, China, and the USA emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentration in the market, suggesting limited competition. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 12.62%, showcasing a robust market expansion. Moreover, the growth rate from 2023 to 2024 surged to 28.97%, indicating accelerating momentum in steel wire imports for Grenada.

Steel Wire Market: Grenada vs Top 5 Major Economies in 2027 (North America)


By 2027, the Steel Wire market in Grenada is anticipated to reach a growth rate of 1.55%, 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.

Steel Wire Market: Grenada vs Top 5 Major Economies in 2027 (North America)

Key Highlights of the Report:

  • Grenada Steel Wire Market Outlook
  • Market Size of Grenada Steel Wire Market, 2024
  • Forecast of Grenada Steel Wire Market, 2031
  • Historical Data and Forecast of Grenada Steel Wire Revenues & Volume for the Period 2021-2031
  • Grenada Steel Wire Market Trend Evolution
  • Grenada Steel Wire Market Drivers and Challenges
  • Grenada Steel Wire Price Trends
  • Grenada Steel Wire Porter`s Five Forces
  • Grenada Steel Wire Industry Life Cycle
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By Form for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By Non-rope for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By Rope for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By Carbon Steel for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By Alloy Steel for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By Stainless Steel for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By Thickness for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By 0.01 mm to 0.8 mm for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By 0.8 mm to 1.6 mm for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By 1.6 mm to 4 mm for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By 4 mm & above for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By End-use Industry for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By Energy for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By Agriculture for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of Grenada Steel Wire Market Revenues & Volume By Others for the Period 2021-2031
  • Grenada Steel Wire Import Export Trade Statistics
  • Market Opportunity Assessment By Form
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Thickness
  • Market Opportunity Assessment By End-use Industry
  • Grenada Steel Wire Top Companies Market Share
  • Grenada Steel Wire Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Steel Wire Company Profiles
  • Grenada Steel Wire Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Steel Wire Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Steel Wire Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Wire Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Steel Wire Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Steel Wire Market - Industry Life Cycle

3.4 Grenada Steel Wire Market - Porter's Five Forces

3.5 Grenada Steel Wire Market Revenues & Volume Share, By Form, 2021 & 2031F

3.6 Grenada Steel Wire Market Revenues & Volume Share, By Type, 2021 & 2031F

3.7 Grenada Steel Wire Market Revenues & Volume Share, By Thickness, 2021 & 2031F

3.8 Grenada Steel Wire Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F

4 Grenada Steel Wire Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for steel wire in construction and infrastructure projects in Grenada

4.2.2 Growing adoption of steel wire in the manufacturing sector for various applications

4.2.3 Government initiatives to boost the steel industry in Grenada

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials impacting the cost of production

4.3.2 Competition from alternative materials such as aluminum and composite materials

5 Grenada Steel Wire Market Trends

6 Grenada Steel Wire Market Segmentations

6.1 Grenada Steel Wire Market, By Form

6.1.1 Overview and Analysis

6.1.2 Grenada Steel Wire Market Revenues & Volume, By Non-rope, 2021-2031F

6.1.3 Grenada Steel Wire Market Revenues & Volume, By Rope, 2021-2031F

6.2 Grenada Steel Wire Market, By Type

6.2.1 Overview and Analysis

6.2.2 Grenada Steel Wire Market Revenues & Volume, By Carbon Steel, 2021-2031F

6.2.3 Grenada Steel Wire Market Revenues & Volume, By Alloy Steel, 2021-2031F

6.2.4 Grenada Steel Wire Market Revenues & Volume, By Stainless Steel, 2021-2031F

6.3 Grenada Steel Wire Market, By Thickness

6.3.1 Overview and Analysis

6.3.2 Grenada Steel Wire Market Revenues & Volume, By 0.01 mm to 0.8 mm, 2021-2031F

6.3.3 Grenada Steel Wire Market Revenues & Volume, By 0.8 mm to 1.6 mm, 2021-2031F

6.3.4 Grenada Steel Wire Market Revenues & Volume, By 1.6 mm to 4 mm, 2021-2031F

6.3.5 Grenada Steel Wire Market Revenues & Volume, By 4 mm & above, 2021-2031F

6.4 Grenada Steel Wire Market, By End-use Industry

6.4.1 Overview and Analysis

6.4.2 Grenada Steel Wire Market Revenues & Volume, By Construction, 2021-2031F

6.4.3 Grenada Steel Wire Market Revenues & Volume, By Automotive, 2021-2031F

6.4.4 Grenada Steel Wire Market Revenues & Volume, By Energy, 2021-2031F

6.4.5 Grenada Steel Wire Market Revenues & Volume, By Agriculture, 2021-2031F

6.4.6 Grenada Steel Wire Market Revenues & Volume, By Industrial, 2021-2031F

6.4.7 Grenada Steel Wire Market Revenues & Volume, By Others, 2021-2031F

7 Grenada Steel Wire Market Import-Export Trade Statistics

7.1 Grenada Steel Wire Market Export to Major Countries

7.2 Grenada Steel Wire Market Imports from Major Countries

8 Grenada Steel Wire Market Key Performance Indicators

8.1 Average selling price of steel wire in Grenada

8.2 Number of construction permits issued in Grenada

8.3 Percentage of GDP allocated to infrastructure development in Grenada

9 Grenada Steel Wire Market - Opportunity Assessment

9.1 Grenada Steel Wire Market Opportunity Assessment, By Form, 2021 & 2031F

9.2 Grenada Steel Wire Market Opportunity Assessment, By Type, 2021 & 2031F

9.3 Grenada Steel Wire Market Opportunity Assessment, By Thickness, 2021 & 2031F

9.4 Grenada Steel Wire Market Opportunity Assessment, By End-use Industry, 2021 & 2031F

10 Grenada Steel Wire Market - Competitive Landscape

10.1 Grenada Steel Wire Market Revenue Share, By Companies, 2024

10.2 Grenada Steel Wire Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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