Grenada Steel Wires Market (2025-2031) | Size, Companies, Forecast, Share, Growth, Industry, Segmentation, Trends, Value, Revenue, Analysis & Outlook
Market Forecast By Grade (Carbon Steel, Stainless Steel, Alloy Steel), By End-Use Industry (Automotive, Construction, Energy, Agriculture, Others) And Competitive Landscape
| Product Code: ETC5219624 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada Steel Wires Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Grenada`s steel wires import market in 2024 continues to see significant concentration, with top exporters including Trinidad and Tobago, Netherlands, Canada, China, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a strong market dominance by these countries. The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 12.62%, demonstrating sustained growth. Moreover, the growth rate from 2023 to 2024 surged by 28.97%, pointing towards a rapidly expanding market for steel wires in Grenada.
Key Highlights of the Report:
- Grenada Steel Wires Market Outlook
- Market Size of Grenada Steel Wires Market, 2024
- Forecast of Grenada Steel Wires Market, 2031
- Historical Data and Forecast of Grenada Steel Wires Revenues & Volume for the Period 2021-2031
- Grenada Steel Wires Market Trend Evolution
- Grenada Steel Wires Market Drivers and Challenges
- Grenada Steel Wires Price Trends
- Grenada Steel Wires Porter`s Five Forces
- Grenada Steel Wires Industry Life Cycle
- Historical Data and Forecast of Grenada Steel Wires Market Revenues & Volume By Grade for the Period 2021-2031
- Historical Data and Forecast of Grenada Steel Wires Market Revenues & Volume By Carbon Steel for the Period 2021-2031
- Historical Data and Forecast of Grenada Steel Wires Market Revenues & Volume By Stainless Steel for the Period 2021-2031
- Historical Data and Forecast of Grenada Steel Wires Market Revenues & Volume By Alloy Steel for the Period 2021-2031
- Historical Data and Forecast of Grenada Steel Wires Market Revenues & Volume By End-Use Industry for the Period 2021-2031
- Historical Data and Forecast of Grenada Steel Wires Market Revenues & Volume By Automotive for the Period 2021-2031
- Historical Data and Forecast of Grenada Steel Wires Market Revenues & Volume By Construction for the Period 2021-2031
- Historical Data and Forecast of Grenada Steel Wires Market Revenues & Volume By Energy for the Period 2021-2031
- Historical Data and Forecast of Grenada Steel Wires Market Revenues & Volume By Agriculture for the Period 2021-2031
- Historical Data and Forecast of Grenada Steel Wires Market Revenues & Volume By Others for the Period 2021-2031
- Grenada Steel Wires Import Export Trade Statistics
- Market Opportunity Assessment By Grade
- Market Opportunity Assessment By End-Use Industry
- Grenada Steel Wires Top Companies Market Share
- Grenada Steel Wires Competitive Benchmarking By Technical and Operational Parameters
- Grenada Steel Wires Company Profiles
- Grenada Steel Wires Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Grenada Steel Wires Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Steel Wires Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Steel Wires Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Steel Wires Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Steel Wires Market - Industry Life Cycle |
3.4 Grenada Steel Wires Market - Porter's Five Forces |
3.5 Grenada Steel Wires Market Revenues & Volume Share, By ? Grade, 2021 & 2031F |
3.6 Grenada Steel Wires Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Grenada Steel Wires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for steel wires in construction and infrastructure projects |
4.2.2 Growing adoption of steel wires in the automotive industry for manufacturing components |
4.2.3 Rising focus on renewable energy projects leading to higher demand for steel wires in wind turbines |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of steel wires |
4.3.2 Intense competition from alternative materials such as aluminum and composites |
5 Grenada Steel Wires Market Trends |
6 Grenada Steel Wires Market Segmentations |
6.1 Grenada Steel Wires Market, By ? Grade |
6.1.1 Overview and Analysis |
6.1.2 Grenada Steel Wires Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.1.3 Grenada Steel Wires Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.1.4 Grenada Steel Wires Market Revenues & Volume, By Alloy Steel, 2021-2031F |
6.2 Grenada Steel Wires Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Steel Wires Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Grenada Steel Wires Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Grenada Steel Wires Market Revenues & Volume, By Energy, 2021-2031F |
6.2.5 Grenada Steel Wires Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.6 Grenada Steel Wires Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Steel Wires Market Import-Export Trade Statistics |
7.1 Grenada Steel Wires Market Export to Major Countries |
7.2 Grenada Steel Wires Market Imports from Major Countries |
8 Grenada Steel Wires Market Key Performance Indicators |
8.1 Average selling price of steel wires in the market |
8.2 Percentage of revenue spent on research and development for new steel wire products |
8.3 Number of new contracts or partnerships secured for supplying steel wires to key industries |
9 Grenada Steel Wires Market - Opportunity Assessment |
9.1 Grenada Steel Wires Market Opportunity Assessment, By ? Grade, 2021 & 2031F |
9.2 Grenada Steel Wires Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Grenada Steel Wires Market - Competitive Landscape |
10.1 Grenada Steel Wires Market Revenue Share, By Companies, 2024 |
10.2 Grenada Steel Wires Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential assessment - trade Analytics for 2030
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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