| Product Code: ETC10342630 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada saw a notable increase in import shipments of roof coating, with top exporting countries being Saint Lucia, USA, Trinidad and Tobago, Saint Vincent and the Grenadines, and the UK. The market exhibited very high concentration levels, indicating a competitive landscape dominated by a few key players. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-24 was strong at 10.92%. This data suggests continued demand for roof coating products in Grenada and underscores the importance of strategic market positioning for exporters in the industry.
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 Roof Coating Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Roof Coating Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Roof Coating Market - Industry Life Cycle |
3.4 Grenada Roof Coating Market - Porter's Five Forces |
3.5 Grenada Roof Coating Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Roof Coating Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Roof Coating Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Roof Coating Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Roof Coating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of using roof coatings for energy efficiency and protection against weather elements |
4.2.2 Growth in the construction industry, leading to higher demand for roof coatings |
4.2.3 Government regulations promoting sustainable and eco-friendly building practices |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production |
4.3.2 Competition from alternative roofing solutions such as metal roofs or green roofs |
4.3.3 Economic downturns affecting overall construction activity and demand for roof coatings |
5 Grenada Roof Coating Market Trends |
6 Grenada Roof Coating Market, By Types |
6.1 Grenada Roof Coating Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Roof Coating Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Roof Coating Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.1.4 Grenada Roof Coating Market Revenues & Volume, By Silicone, 2021 - 2031F |
6.1.5 Grenada Roof Coating Market Revenues & Volume, By Polyurethane, 2021 - 2031F |
6.1.6 Grenada Roof Coating Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Roof Coating Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Roof Coating Market Revenues & Volume, By Polyurethane, 2021 - 2031F |
6.2.3 Grenada Roof Coating Market Revenues & Volume, By Bitumen, 2021 - 2031F |
6.2.4 Grenada Roof Coating Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Grenada Roof Coating Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Roof Coating Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Grenada Roof Coating Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Grenada Roof Coating Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 Grenada Roof Coating Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Grenada Roof Coating Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Roof Coating Market Revenues & Volume, By Waterproofing, 2021 - 2031F |
6.4.3 Grenada Roof Coating Market Revenues & Volume, By UV Protection, 2021 - 2031F |
6.4.4 Grenada Roof Coating Market Revenues & Volume, By Energy Efficiency, 2021 - 2031F |
6.4.5 Grenada Roof Coating Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Roof Coating Market Import-Export Trade Statistics |
7.1 Grenada Roof Coating Market Export to Major Countries |
7.2 Grenada Roof Coating Market Imports from Major Countries |
8 Grenada Roof Coating Market Key Performance Indicators |
8.1 Average lifespan of roofs after applying Grenada roof coatings |
8.2 Number of new construction projects opting for Grenada roof coatings |
8.3 Percentage increase in the adoption of eco-friendly roof coatings in the market |
9 Grenada Roof Coating Market - Opportunity Assessment |
9.1 Grenada Roof Coating Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Roof Coating Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Roof Coating Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Roof Coating Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Roof Coating Market - Competitive Landscape |
10.1 Grenada Roof Coating Market Revenue Share, By Companies, 2024 |
10.2 Grenada Roof Coating 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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