| Product Code: ETC7905260 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia saw a significant increase in automotive glass fiber composites import shipments in 2024, with top exporting countries being Germany, Lithuania, Poland, Italy, and Belgium. The market concentration, as measured by the HHI, escalated from moderate to high in just one year. Despite a notable CAGR of 13.48% from 2020 to 2024, there was a slight decline in growth rate in 2024 at -13.92%. This shift in concentration and growth rate suggests a dynamic market landscape in the automotive glass fiber composites sector in Latvia.

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 Latvia Automotive Glass Fiber Composites Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Glass Fiber Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Glass Fiber Composites Market - Industry Life Cycle |
3.4 Latvia Automotive Glass Fiber Composites Market - Porter's Five Forces |
3.5 Latvia Automotive Glass Fiber Composites Market Revenues & Volume Share, By Production Type, 2021 & 2031F |
3.6 Latvia Automotive Glass Fiber Composites Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
4 Latvia Automotive Glass Fiber Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and fuel-efficient vehicles |
4.2.2 Growing focus on sustainability and environmental regulations |
4.2.3 Technological advancements in glass fiber composites manufacturing |
4.3 Market Restraints |
4.3.1 High initial investment costs |
4.3.2 Limited awareness and adoption of glass fiber composites in the automotive industry |
4.3.3 Challenges in recycling and disposal of glass fiber composites |
5 Latvia Automotive Glass Fiber Composites Market Trends |
6 Latvia Automotive Glass Fiber Composites Market, By Types |
6.1 Latvia Automotive Glass Fiber Composites Market, By Production Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Glass Fiber Composites Market Revenues & Volume, By Production Type, 2021- 2031F |
6.1.3 Latvia Automotive Glass Fiber Composites Market Revenues & Volume, By Hand Layup, 2021- 2031F |
6.1.4 Latvia Automotive Glass Fiber Composites Market Revenues & Volume, By Resin Transfer Molding, 2021- 2031F |
6.1.5 Latvia Automotive Glass Fiber Composites Market Revenues & Volume, By Vacuum Infusion Processing, 2021- 2031F |
6.1.6 Latvia Automotive Glass Fiber Composites Market Revenues & Volume, By Injection Molding, 2021- 2031F |
6.1.7 Latvia Automotive Glass Fiber Composites Market Revenues & Volume, By Compression Molding, 2021- 2031F |
6.2 Latvia Automotive Glass Fiber Composites Market, By Application Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Glass Fiber Composites Market Revenues & Volume, By Structural Assembly, 2021- 2031F |
6.2.3 Latvia Automotive Glass Fiber Composites Market Revenues & Volume, By Power Train Component, 2021- 2031F |
6.2.4 Latvia Automotive Glass Fiber Composites Market Revenues & Volume, By Interior, 2021- 2031F |
6.2.5 Latvia Automotive Glass Fiber Composites Market Revenues & Volume, By Exterior, 2021- 2031F |
6.2.6 Latvia Automotive Glass Fiber Composites Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Automotive Glass Fiber Composites Market Import-Export Trade Statistics |
7.1 Latvia Automotive Glass Fiber Composites Market Export to Major Countries |
7.2 Latvia Automotive Glass Fiber Composites Market Imports from Major Countries |
8 Latvia Automotive Glass Fiber Composites Market Key Performance Indicators |
8.1 Average weight reduction achieved per vehicle using glass fiber composites |
8.2 Percentage increase in the number of automotive OEMs using glass fiber composites in their vehicles |
8.3 Number of patents filed for innovative glass fiber composite technologies in Latvia |
9 Latvia Automotive Glass Fiber Composites Market - Opportunity Assessment |
9.1 Latvia Automotive Glass Fiber Composites Market Opportunity Assessment, By Production Type, 2021 & 2031F |
9.2 Latvia Automotive Glass Fiber Composites Market Opportunity Assessment, By Application Type, 2021 & 2031F |
10 Latvia Automotive Glass Fiber Composites Market - Competitive Landscape |
10.1 Latvia Automotive Glass Fiber Composites Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Glass Fiber Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |