| Product Code: ETC7372684 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Grenada insulated concrete form (ICF) import market in 2024 continues to be dominated by top exporting countries such as Trinidad and Tobago, Saint Vincent and the Grenadines, and the USA. Despite a high concentration of market share indicated by the Herfindahl-Hirschman Index (HHI), the industry experienced a negative compound annual growth rate (CAGR) of -10.63% from 2020 to 2024. The growth rate for 2024 specifically saw a decline of -25.27%, reflecting a challenging year for ICF imports in Grenada. This data suggests a need for market strategies to revitalize the industry in the coming years.
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 Insulated Concrete Form (ICF) Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Insulated Concrete Form (ICF) Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Insulated Concrete Form (ICF) Market - Industry Life Cycle |
3.4 Grenada Insulated Concrete Form (ICF) Market - Porter's Five Forces |
3.5 Grenada Insulated Concrete Form (ICF) Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Grenada Insulated Concrete Form (ICF) Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Insulated Concrete Form (ICF) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of sustainable construction practices |
4.2.2 Growing demand for energy-efficient buildings |
4.2.3 Government regulations promoting the use of eco-friendly construction materials |
4.3 Market Restraints |
4.3.1 Higher initial cost compared to traditional construction methods |
4.3.2 Limited availability of skilled labor for installing insulated concrete forms |
4.3.3 Potential challenges in obtaining necessary building permits and approvals |
5 Grenada Insulated Concrete Form (ICF) Market Trends |
6 Grenada Insulated Concrete Form (ICF) Market, By Types |
6.1 Grenada Insulated Concrete Form (ICF) Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Insulated Concrete Form (ICF) Market Revenues & Volume, By Material Type, 2021- 2031F |
6.1.3 Grenada Insulated Concrete Form (ICF) Market Revenues & Volume, By Polystyrene Foam, 2021- 2031F |
6.1.4 Grenada Insulated Concrete Form (ICF) Market Revenues & Volume, By Polyurethane Foam, 2021- 2031F |
6.1.5 Grenada Insulated Concrete Form (ICF) Market Revenues & Volume, By Cement-bonded Wood Fiber, 2021- 2031F |
6.1.6 Grenada Insulated Concrete Form (ICF) Market Revenues & Volume, By Cement-bonded Polystyrene Beads, 2021- 2031F |
6.2 Grenada Insulated Concrete Form (ICF) Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Insulated Concrete Form (ICF) Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Grenada Insulated Concrete Form (ICF) Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Grenada Insulated Concrete Form (ICF) Market Revenues & Volume, By Institutional, 2021- 2031F |
7 Grenada Insulated Concrete Form (ICF) Market Import-Export Trade Statistics |
7.1 Grenada Insulated Concrete Form (ICF) Market Export to Major Countries |
7.2 Grenada Insulated Concrete Form (ICF) Market Imports from Major Countries |
8 Grenada Insulated Concrete Form (ICF) Market Key Performance Indicators |
8.1 Energy savings achieved through the use of insulated concrete forms |
8.2 Number of construction projects incorporating insulated concrete forms |
8.3 Percentage increase in the use of insulated concrete forms in the construction sector |
9 Grenada Insulated Concrete Form (ICF) Market - Opportunity Assessment |
9.1 Grenada Insulated Concrete Form (ICF) Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Grenada Insulated Concrete Form (ICF) Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Insulated Concrete Form (ICF) Market - Competitive Landscape |
10.1 Grenada Insulated Concrete Form (ICF) Market Revenue Share, By Companies, 2024 |
10.2 Grenada Insulated Concrete Form (ICF) 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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