| Product Code: ETC7374953 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely on imports of mineral wool board insulation, with Lebanon, Trinidad and Tobago, Canada, UAE, and the USA leading as top exporting countries. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry saw a slight decline with a CAGR of -1.01% from 2020 to 2024. However, there was a significant growth spurt in 2024 with a growth rate of 24.45% compared to the previous year, showcasing potential opportunities for the market 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 Mineral Wool Board Insulation Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Mineral Wool Board Insulation Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Mineral Wool Board Insulation Market - Industry Life Cycle |
3.4 Grenada Mineral Wool Board Insulation Market - Porter's Five Forces |
3.5 Grenada Mineral Wool Board Insulation Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Mineral Wool Board Insulation Market Revenues & Volume Share, By Functionality, 2021 & 2031F |
3.7 Grenada Mineral Wool Board Insulation Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Mineral Wool Board Insulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Mineral Wool Board Insulation Market Trends |
6 Grenada Mineral Wool Board Insulation Market, By Types |
6.1 Grenada Mineral Wool Board Insulation Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Mineral Wool Board Insulation Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Mineral Wool Board Insulation Market Revenues & Volume, By Rock Wool, 2021- 2031F |
6.1.4 Grenada Mineral Wool Board Insulation Market Revenues & Volume, By Glass Wool, 2021- 2031F |
6.1.5 Grenada Mineral Wool Board Insulation Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Mineral Wool Board Insulation Market, By Functionality |
6.2.1 Overview and Analysis |
6.2.2 Grenada Mineral Wool Board Insulation Market Revenues & Volume, By Thermal Insulation, 2021- 2031F |
6.2.3 Grenada Mineral Wool Board Insulation Market Revenues & Volume, By Acoustic Insulation, 2021- 2031F |
6.2.4 Grenada Mineral Wool Board Insulation Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Mineral Wool Board Insulation Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Mineral Wool Board Insulation Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.3 Grenada Mineral Wool Board Insulation Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Grenada Mineral Wool Board Insulation Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.5 Grenada Mineral Wool Board Insulation Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Mineral Wool Board Insulation Market Import-Export Trade Statistics |
7.1 Grenada Mineral Wool Board Insulation Market Export to Major Countries |
7.2 Grenada Mineral Wool Board Insulation Market Imports from Major Countries |
8 Grenada Mineral Wool Board Insulation Market Key Performance Indicators |
9 Grenada Mineral Wool Board Insulation Market - Opportunity Assessment |
9.1 Grenada Mineral Wool Board Insulation Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Mineral Wool Board Insulation Market Opportunity Assessment, By Functionality, 2021 & 2031F |
9.3 Grenada Mineral Wool Board Insulation Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Mineral Wool Board Insulation Market - Competitive Landscape |
10.1 Grenada Mineral Wool Board Insulation Market Revenue Share, By Companies, 2024 |
10.2 Grenada Mineral Wool Board Insulation 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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