| Product Code: ETC5711720 | 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 |
In 2024, Latvia saw a significant increase in fiberglass mold import shipments, with the top exporting countries being the UK, China, Germany, Poland, and Czechia. The market experienced a shift from moderate to high concentration, indicating increased competition among suppliers. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a robust 14.56%. This data suggests a dynamic market environment for fiberglass molds in Latvia, with key players vying for market share and driving overall growth 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 Latvia Fiberglass Mold Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Fiberglass Mold Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Fiberglass Mold Market - Industry Life Cycle |
3.4 Latvia Fiberglass Mold Market - Porter's Five Forces |
3.5 Latvia Fiberglass Mold Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Latvia Fiberglass Mold Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Latvia Fiberglass Mold Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for fiberglass molds in industries like automotive, construction, and aerospace due to their lightweight and durable properties. |
4.2.2 Technological advancements in fiberglass molding techniques leading to increased efficiency and cost-effectiveness. |
4.2.3 Government initiatives promoting the use of fiberglass materials for environmental sustainability. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the overall production cost of fiberglass molds. |
4.3.2 Intense competition from alternative materials like aluminum and steel in certain applications. |
4.3.3 Regulatory challenges related to environmental standards and waste management affecting the production processes. |
5 Latvia Fiberglass Mold Market Trends |
6 Latvia Fiberglass Mold Market Segmentations |
6.1 Latvia Fiberglass Mold Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Fiberglass Mold Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.3 Latvia Fiberglass Mold Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.1.4 Latvia Fiberglass Mold Market Revenues & Volume, By Polyester, 2021-2031F |
6.2 Latvia Fiberglass Mold Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Fiberglass Mold Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.2.3 Latvia Fiberglass Mold Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Latvia Fiberglass Mold Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.5 Latvia Fiberglass Mold Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.6 Latvia Fiberglass Mold Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F |
7 Latvia Fiberglass Mold Market Import-Export Trade Statistics |
7.1 Latvia Fiberglass Mold Market Export to Major Countries |
7.2 Latvia Fiberglass Mold Market Imports from Major Countries |
8 Latvia Fiberglass Mold Market Key Performance Indicators |
8.1 Percentage increase in the adoption of fiberglass molds by key industries in Latvia. |
8.2 Rate of technological adoption within fiberglass mold manufacturing companies. |
8.3 Percentage reduction in production waste and environmental impact through sustainable practices in fiberglass mold production. |
9 Latvia Fiberglass Mold Market - Opportunity Assessment |
9.1 Latvia Fiberglass Mold Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Latvia Fiberglass Mold Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Latvia Fiberglass Mold Market - Competitive Landscape |
10.1 Latvia Fiberglass Mold Market Revenue Share, By Companies, 2024 |
10.2 Latvia Fiberglass Mold Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |