| Product Code: ETC7364681 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to witness a strong influx of automotive rubber molded components imports, with key exporting countries including the USA, China, Trinidad and Tobago, UAE, and Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for new entrants. A notable Compound Annual Growth Rate (CAGR) of 13.64% from 2020-2024 underscores the increasing demand for these components in Grenada. Moreover, the impressive growth rate of 36.91% from 2023-2024 highlights a significant uptick in import volumes, reflecting a thriving market for automotive rubber molded components in the country.
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 Automotive Rubber Molded Components Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automotive Rubber Molded Components Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automotive Rubber Molded Components Market - Industry Life Cycle |
3.4 Grenada Automotive Rubber Molded Components Market - Porter's Five Forces |
3.5 Grenada Automotive Rubber Molded Components Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Grenada Automotive Rubber Molded Components Market Revenues & Volume Share, By Component Type, 2021 & 2031F |
3.7 Grenada Automotive Rubber Molded Components Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Grenada Automotive Rubber Molded Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable automotive components |
4.2.2 Growing automotive industry in Grenada |
4.2.3 Technological advancements in rubber molding processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from other materials like plastics and metals |
4.3.3 Regulatory challenges related to environmental sustainability |
5 Grenada Automotive Rubber Molded Components Market Trends |
6 Grenada Automotive Rubber Molded Components Market, By Types |
6.1 Grenada Automotive Rubber Molded Components Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automotive Rubber Molded Components Market Revenues & Volume, By Material Type, 2021- 2031F |
6.1.3 Grenada Automotive Rubber Molded Components Market Revenues & Volume, By Ethylene Propylene Diene Monomer (EPDM), 2021- 2031F |
6.1.4 Grenada Automotive Rubber Molded Components Market Revenues & Volume, By Natural Rubber (NR), 2021- 2031F |
6.1.5 Grenada Automotive Rubber Molded Components Market Revenues & Volume, By Styrene-butadiene Rubber (SBR), 2021- 2031F |
6.1.6 Grenada Automotive Rubber Molded Components Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Automotive Rubber Molded Components Market, By Component Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automotive Rubber Molded Components Market Revenues & Volume, By Seals, 2021- 2031F |
6.2.3 Grenada Automotive Rubber Molded Components Market Revenues & Volume, By Gaskets, 2021- 2031F |
6.2.4 Grenada Automotive Rubber Molded Components Market Revenues & Volume, By Hoses, 2021- 2031F |
6.2.5 Grenada Automotive Rubber Molded Components Market Revenues & Volume, By Weather-strips, 2021- 2031F |
6.2.6 Grenada Automotive Rubber Molded Components Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Automotive Rubber Molded Components Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Automotive Rubber Molded Components Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.3.3 Grenada Automotive Rubber Molded Components Market Revenues & Volume, By Light Commercial Vehicles, 2021- 2031F |
6.3.4 Grenada Automotive Rubber Molded Components Market Revenues & Volume, By Heavy Commercial Vehicles, 2021- 2031F |
6.3.5 Grenada Automotive Rubber Molded Components Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Automotive Rubber Molded Components Market Import-Export Trade Statistics |
7.1 Grenada Automotive Rubber Molded Components Market Export to Major Countries |
7.2 Grenada Automotive Rubber Molded Components Market Imports from Major Countries |
8 Grenada Automotive Rubber Molded Components Market Key Performance Indicators |
8.1 Scrap rate in manufacturing processes |
8.2 Overall equipment effectiveness (OEE) of rubber molding machines |
8.3 Number of new product developments in automotive rubber molded components |
8.4 Percentage of market share held by Grenada automotive rubber molded components compared to imports |
9 Grenada Automotive Rubber Molded Components Market - Opportunity Assessment |
9.1 Grenada Automotive Rubber Molded Components Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Grenada Automotive Rubber Molded Components Market Opportunity Assessment, By Component Type, 2021 & 2031F |
9.3 Grenada Automotive Rubber Molded Components Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Grenada Automotive Rubber Molded Components Market - Competitive Landscape |
10.1 Grenada Automotive Rubber Molded Components Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automotive Rubber Molded Components 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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