| Product Code: ETC4980756 | 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 |
In 2024, Grenada continued to rely heavily on imports of well casing and cementing products, with the top exporting countries being the USA, Trinidad and Tobago, Canada, China, and the UK. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). Despite a strong compound annual growth rate (CAGR) of 17.61% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -21.62%. This fluctuation may indicate shifting market dynamics or external factors affecting import trends in the well casing and cementing sector 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 Well Casing & Cementing Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Well Casing & Cementing Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Well Casing & Cementing Market - Industry Life Cycle |
3.4 Grenada Well Casing & Cementing Market - Porter's Five Forces |
3.5 Grenada Well Casing & Cementing Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Well Casing & Cementing Market Revenues & Volume Share, By Service Type, 2021 & 2031F |
3.7 Grenada Well Casing & Cementing Market Revenues & Volume Share, By Operation Type, 2021 & 2031F |
3.8 Grenada Well Casing & Cementing Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Grenada Well Casing & Cementing Market Revenues & Volume Share, By Well Type, 2021 & 2031F |
4 Grenada Well Casing & Cementing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Well Casing & Cementing Market Trends |
6 Grenada Well Casing & Cementing Market Segmentations |
6.1 Grenada Well Casing & Cementing Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Well Casing & Cementing Market Revenues & Volume, By Casing, 2021-2031F |
6.1.3 Grenada Well Casing & Cementing Market Revenues & Volume, By Cementing, 2021-2031F |
6.2 Grenada Well Casing & Cementing Market, By Service Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Well Casing & Cementing Market Revenues & Volume, By Casing Equipment & Services, 2021-2031F |
6.2.3 Grenada Well Casing & Cementing Market Revenues & Volume, By Cementing Equipment & Services, 2021-2031F |
6.3 Grenada Well Casing & Cementing Market, By Operation Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Well Casing & Cementing Market Revenues & Volume, By Primary Cementing, 2021-2031F |
6.3.3 Grenada Well Casing & Cementing Market Revenues & Volume, By Remedial Cementing, 2021-2031F |
6.3.4 Grenada Well Casing & Cementing Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Well Casing & Cementing Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Well Casing & Cementing Market Revenues & Volume, By Onshore, 2021-2031F |
6.4.3 Grenada Well Casing & Cementing Market Revenues & Volume, By Offshore, 2021-2031F |
6.5 Grenada Well Casing & Cementing Market, By Well Type |
6.5.1 Overview and Analysis |
6.5.2 Grenada Well Casing & Cementing Market Revenues & Volume, By Vertical, 2021-2031F |
6.5.3 Grenada Well Casing & Cementing Market Revenues & Volume, By Horizontal, 2021-2031F |
7 Grenada Well Casing & Cementing Market Import-Export Trade Statistics |
7.1 Grenada Well Casing & Cementing Market Export to Major Countries |
7.2 Grenada Well Casing & Cementing Market Imports from Major Countries |
8 Grenada Well Casing & Cementing Market Key Performance Indicators |
9 Grenada Well Casing & Cementing Market - Opportunity Assessment |
9.1 Grenada Well Casing & Cementing Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Well Casing & Cementing Market Opportunity Assessment, By Service Type, 2021 & 2031F |
9.3 Grenada Well Casing & Cementing Market Opportunity Assessment, By Operation Type, 2021 & 2031F |
9.4 Grenada Well Casing & Cementing Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Grenada Well Casing & Cementing Market Opportunity Assessment, By Well Type, 2021 & 2031F |
10 Grenada Well Casing & Cementing Market - Competitive Landscape |
10.1 Grenada Well Casing & Cementing Market Revenue Share, By Companies, 2024 |
10.2 Grenada Well Casing & Cementing 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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