Latvia Composites Market (2025-2031) | Share, Segmentation, Analysis, Trends, Value, Forecast, Revenue, Growth, Outlook, Industry, Companies & Size

Name: Latvia Composites Market (2025-2031) | Analysis & Companies
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Composites Market, Latvia Composites Market, Latvia Composites Market Revenues, Latvia Composites Market Share, Latvia Composites Market Size, Latvia Composites Market Outlook, Latvia Composites Market Report, Latvia Composites Market Competition, Latvia Composites Market Overview, Latvia Composites Market Trends, Latvia Composites Market Forecast

Market Forecast By Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Natural Fiber Composites), By Resin Type (Thermoset Composites, Thermoplastic Composites), By End-use Industry (Aerospace & defense, Wind Energy, Automotive & Transportation, Construction & Infrastructure, Marine, Pipe & Tank, Electrical & Electronics, Others), By Manufacturing Process (Lay-up, Filament Winding, Injection Molding, Pultrusion, Compression Molding, RTM, Others) And Competitive Landscape

Product Code: ETC5707863	Publication Date: Nov 2023	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Latvia Composites Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s composites import market saw significant changes in 2024 with a shift towards higher concentration, indicating increased dominance of top exporting countries such as Germany, Lithuania, and Poland. Despite a negative growth rate in 2024, the compound annual growth rate for the period 2020-2024 remained strong at 13.48%. This trend suggests a dynamic market environment in Latvia`s composites sector, with potential opportunities for further market penetration and strategic partnerships in the coming years.

Latvia Composites Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Composites Market Outlook
Market Size of Latvia Composites Market, 2024
Forecast of Latvia Composites Market, 2031
Historical Data and Forecast of Latvia Composites Revenues & Volume for the Period 2021-2031
Latvia Composites Market Trend Evolution
Latvia Composites Market Drivers and Challenges
Latvia Composites Price Trends
Latvia Composites Porter`s Five Forces
Latvia Composites Industry Life Cycle
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Fiber Type for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Glass Fiber Composites for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Carbon Fiber Composites for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Natural Fiber Composites for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Resin Type for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Thermoset Composites for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Thermoplastic Composites for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By End-use Industry for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Aerospace & defense for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Wind Energy for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Automotive & Transportation for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Construction & Infrastructure for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Marine for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Pipe & Tank for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Electrical & Electronics for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Manufacturing Process for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Lay-up for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Filament Winding for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Injection Molding for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Pultrusion for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Compression Molding for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By RTM for the Period 2021-2031
Historical Data and Forecast of Latvia Composites Market Revenues & Volume By Others for the Period 2021-2031
Latvia Composites Import Export Trade Statistics
Market Opportunity Assessment By Fiber Type
Market Opportunity Assessment By Resin Type
Market Opportunity Assessment By End-use Industry
Market Opportunity Assessment By Manufacturing Process
Latvia Composites Top Companies Market Share
Latvia Composites Competitive Benchmarking By Technical and Operational Parameters
Latvia Composites Company Profiles
Latvia Composites Key Strategic Recommendations

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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 Composites Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Composites Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Composites Market - Industry Life Cycle

3.4 Latvia Composites Market - Porter's Five Forces

3.5 Latvia Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F

3.6 Latvia Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F

3.7 Latvia Composites Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F

3.8 Latvia Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F

4 Latvia Composites Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lightweight and high-strength materials in various industries

4.2.2 Growing focus on sustainable and environmentally friendly solutions

4.2.3 Rising investments in infrastructure and construction projects in Latvia

4.3 Market Restraints

4.3.1 High initial investment and production costs for composites

4.3.2 Limited awareness and understanding of composite materials among end-users

4.3.3 Lack of skilled labor and expertise in composite manufacturing

5 Latvia Composites Market Trends

6 Latvia Composites Market Segmentations

6.1 Latvia Composites Market, By Fiber Type

6.1.1 Overview and Analysis

6.1.2 Latvia Composites Market Revenues & Volume, By Glass Fiber Composites, 2021-2031F

6.1.3 Latvia Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F

6.1.4 Latvia Composites Market Revenues & Volume, By Natural Fiber Composites, 2021-2031F

6.2 Latvia Composites Market, By Resin Type

6.2.1 Overview and Analysis

6.2.2 Latvia Composites Market Revenues & Volume, By Thermoset Composites, 2021-2031F

6.2.3 Latvia Composites Market Revenues & Volume, By Thermoplastic Composites, 2021-2031F

6.3 Latvia Composites Market, By End-use Industry

6.3.1 Overview and Analysis

6.3.2 Latvia Composites Market Revenues & Volume, By Aerospace & defense, 2021-2031F

6.3.3 Latvia Composites Market Revenues & Volume, By Wind Energy, 2021-2031F

6.3.4 Latvia Composites Market Revenues & Volume, By Automotive & Transportation, 2021-2031F

6.3.5 Latvia Composites Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F

6.3.6 Latvia Composites Market Revenues & Volume, By Marine, 2021-2031F

6.3.7 Latvia Composites Market Revenues & Volume, By Pipe & Tank, 2021-2031F

6.3.8 Latvia Composites Market Revenues & Volume, By Others, 2021-2031F

6.3.9 Latvia Composites Market Revenues & Volume, By Others, 2021-2031F

6.4 Latvia Composites Market, By Manufacturing Process

6.4.1 Overview and Analysis

6.4.2 Latvia Composites Market Revenues & Volume, By Lay-up, 2021-2031F

6.4.3 Latvia Composites Market Revenues & Volume, By Filament Winding, 2021-2031F

6.4.4 Latvia Composites Market Revenues & Volume, By Injection Molding, 2021-2031F

6.4.5 Latvia Composites Market Revenues & Volume, By Pultrusion, 2021-2031F

6.4.6 Latvia Composites Market Revenues & Volume, By Compression Molding, 2021-2031F

6.4.7 Latvia Composites Market Revenues & Volume, By RTM, 2021-2031F

7 Latvia Composites Market Import-Export Trade Statistics

7.1 Latvia Composites Market Export to Major Countries

7.2 Latvia Composites Market Imports from Major Countries

8 Latvia Composites Market Key Performance Indicators

8.1 Percentage increase in the adoption of composites in key industries in Latvia

8.2 Number of new composite product launches in the market

8.3 Growth in research and development activities related to composite materials in Latvia

9 Latvia Composites Market - Opportunity Assessment

9.1 Latvia Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F

9.2 Latvia Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F

9.3 Latvia Composites Market Opportunity Assessment, By End-use Industry, 2021 & 2031F

9.4 Latvia Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F

10 Latvia Composites Market - Competitive Landscape

10.1 Latvia Composites Market Revenue Share, By Companies, 2024

10.2 Latvia Composites Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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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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