| Product Code: ETC7367606 | 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 |
Grenada`s construction composite import market continues to thrive, with key suppliers including Trinidad and Tobago, India, Canada, USA, and China dominating the trade landscape in 2024. The Herfindahl-Hirschman Index (HHI) indicates a high level of market concentration, reflecting the significant presence of these top exporting countries. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a solid 7.5%, further underscoring the sector`s expansion. Notably, the growth rate in 2024 alone surged to 7.9%, signaling a robust uptrend in import shipments of construction composites to fuel Grenada`s infrastructure and building projects.
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 Construction Composite Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Construction Composite Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Construction Composite Market - Industry Life Cycle |
3.4 Grenada Construction Composite Market - Porter's Five Forces |
3.5 Grenada Construction Composite Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Grenada Construction Composite Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Grenada Construction Composite Market Revenues & Volume Share, By End-use Sector, 2021 & 2031F |
4 Grenada Construction Composite Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government investments in infrastructure development projects in Grenada |
4.2.2 Growing trend towards sustainable and eco-friendly construction materials |
4.2.3 Rise in demand for lightweight and durable construction composites in the Grenada market |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Lack of awareness and understanding among contractors and builders about the benefits of construction composites in Grenada |
5 Grenada Construction Composite Market Trends |
6 Grenada Construction Composite Market, By Types |
6.1 Grenada Construction Composite Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Construction Composite Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 Grenada Construction Composite Market Revenues & Volume, By Polyester Resin, 2021- 2031F |
6.1.4 Grenada Construction Composite Market Revenues & Volume, By Vinyl Ester, 2021- 2031F |
6.1.5 Grenada Construction Composite Market Revenues & Volume, By Polyethylene, 2021- 2031F |
6.1.6 Grenada Construction Composite Market Revenues & Volume, By Polypropylene, 2021- 2031F |
6.1.7 Grenada Construction Composite Market Revenues & Volume, By Epoxy Resin, 2021- 2031F |
6.1.8 Grenada Construction Composite Market Revenues & Volume, By Other Resin Types, 2021- 2031F |
6.2 Grenada Construction Composite Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Construction Composite Market Revenues & Volume, By Carbon Fibers, 2021- 2031F |
6.2.3 Grenada Construction Composite Market Revenues & Volume, By Glass Fibers, 2021- 2031F |
6.2.4 Grenada Construction Composite Market Revenues & Volume, By Natural Fibers, 2021- 2031F |
6.2.5 Grenada Construction Composite Market Revenues & Volume, By Other Fiber Types, 2021- 2031F |
6.3 Grenada Construction Composite Market, By End-use Sector |
6.3.1 Overview and Analysis |
6.3.2 Grenada Construction Composite Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.3 Grenada Construction Composite Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Grenada Construction Composite Market Revenues & Volume, By Housing, 2021- 2031F |
6.3.5 Grenada Construction Composite Market Revenues & Volume, By Civil, 2021- 2031F |
7 Grenada Construction Composite Market Import-Export Trade Statistics |
7.1 Grenada Construction Composite Market Export to Major Countries |
7.2 Grenada Construction Composite Market Imports from Major Countries |
8 Grenada Construction Composite Market Key Performance Indicators |
8.1 Percentage increase in adoption of construction composites in Grenada projects |
8.2 Number of infrastructure projects utilizing construction composites in Grenada |
8.3 Average cost savings achieved by using construction composites compared to traditional materials in Grenada |
8.4 Rate of innovation and development of new construction composite products tailored for the Grenada market |
9 Grenada Construction Composite Market - Opportunity Assessment |
9.1 Grenada Construction Composite Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Grenada Construction Composite Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Grenada Construction Composite Market Opportunity Assessment, By End-use Sector, 2021 & 2031F |
10 Grenada Construction Composite Market - Competitive Landscape |
10.1 Grenada Construction Composite Market Revenue Share, By Companies, 2024 |
10.2 Grenada Construction Composite 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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