| Product Code: ETC5146356 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Latvia Friction Materials Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 1.00% in 2025 and reaches 1.32% by 2029.

By 2027, the Friction Materials market in Latvia is anticipated to reach a growth rate of 1.01%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Friction Materials Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Friction Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Friction Materials Market - Industry Life Cycle |
3.4 Latvia Friction Materials Market - Porter's Five Forces |
3.5 Latvia Friction Materials Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Friction Materials Market Revenues & Volume Share, By Business Type, 2021 & 2031F |
3.7 Latvia Friction Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Friction Materials Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Latvia Friction Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight vehicles leading to higher use of friction materials in automotive applications |
4.2.2 Growing industrial activities and manufacturing sector in Latvia driving the demand for friction materials |
4.2.3 Stringent regulations regarding vehicle emissions pushing the adoption of high-performance friction materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of friction materials |
4.3.2 Intense competition among market players leading to pricing pressures |
4.3.3 Economic uncertainties affecting the overall demand for friction materials in the market |
5 Latvia Friction Materials Market Trends |
6 Latvia Friction Materials Market Segmentations |
6.1 Latvia Friction Materials Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Friction Materials Market Revenues & Volume, By Lining, 2021-2031F |
6.1.3 Latvia Friction Materials Market Revenues & Volume, By Pads, 2021-2031F |
6.1.4 Latvia Friction Materials Market Revenues & Volume, By Blocks, 2021-2031F |
6.1.5 Latvia Friction Materials Market Revenues & Volume, By Discs, 2021-2031F |
6.1.6 Latvia Friction Materials Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Friction Materials Market, By Business Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Friction Materials Market Revenues & Volume, By OE, 2021-2031F |
6.2.3 Latvia Friction Materials Market Revenues & Volume, By Aftersales, 2021-2031F |
6.3 Latvia Friction Materials Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Friction Materials Market Revenues & Volume, By Brakes, 2021-2031F |
6.3.3 Latvia Friction Materials Market Revenues & Volume, By Clutches, 2021-2031F |
6.3.4 Latvia Friction Materials Market Revenues & Volume, By Industrial Brake & Transmission Systems, 2021-2031F |
6.4 Latvia Friction Materials Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Latvia Friction Materials Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.3 Latvia Friction Materials Market Revenues & Volume, By Railway, 2021-2031F |
6.4.4 Latvia Friction Materials Market Revenues & Volume, By Construction, 2021-2031F |
6.4.5 Latvia Friction Materials Market Revenues & Volume, By Aerospace & Marine, 2021-2031F |
6.4.6 Latvia Friction Materials Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Friction Materials Market Import-Export Trade Statistics |
7.1 Latvia Friction Materials Market Export to Major Countries |
7.2 Latvia Friction Materials Market Imports from Major Countries |
8 Latvia Friction Materials Market Key Performance Indicators |
8.1 Average selling price of friction materials in Latvia |
8.2 Adoption rate of eco-friendly friction materials in the market |
8.3 Number of new product developments or innovations in the friction materials sector |
9 Latvia Friction Materials Market - Opportunity Assessment |
9.1 Latvia Friction Materials Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Friction Materials Market Opportunity Assessment, By Business Type, 2021 & 2031F |
9.3 Latvia Friction Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Friction Materials Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Latvia Friction Materials Market - Competitive Landscape |
10.1 Latvia Friction Materials Market Revenue Share, By Companies, 2024 |
10.2 Latvia Friction Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |