| Product Code: ETC5713050 | 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`s FRP grating import market saw a consistent growth trajectory with a CAGR of 4.51% between 2020 and 2024. The top exporting countries to Latvia included Lithuania, Poland, Germany, Hungary, and the Netherlands, showcasing a diverse range of suppliers. Despite the increased imports, the market remained competitive with a low concentration, as indicated by the Herfindahl-Hirschman Index (HHI). The growth rate from 2023 to 2024 spiked at 8.64%, indicating a potential surge in demand for FRP grating 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 FRP Grating Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia FRP Grating Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia FRP Grating Market - Industry Life Cycle |
3.4 Latvia FRP Grating Market - Porter's Five Forces |
3.5 Latvia FRP Grating Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Latvia FRP Grating Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Latvia FRP Grating Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia FRP Grating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight, durable, and corrosion-resistant construction materials. |
4.2.2 Growing adoption of FRP (Fiber Reinforced Plastic) gratings in industrial sectors due to their superior properties. |
4.2.3 Stringent regulations promoting the use of environmentally friendly and sustainable materials in construction projects. |
4.3 Market Restraints |
4.3.1 High initial costs associated with FRP gratings compared to traditional materials like steel or wood. |
4.3.2 Limited awareness among end-users about the benefits and applications of FRP gratings. |
4.3.3 Challenges related to the installation and maintenance of FRP gratings, requiring specialized skills and equipment. |
5 Latvia FRP Grating Market Trends |
6 Latvia FRP Grating Market Segmentations |
6.1 Latvia FRP Grating Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia FRP Grating Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.3 Latvia FRP Grating Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.1.4 Latvia FRP Grating Market Revenues & Volume, By Phenolic, 2021-2031F |
6.2 Latvia FRP Grating Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Latvia FRP Grating Market Revenues & Volume, By Molded, 2021-2031F |
6.2.3 Latvia FRP Grating Market Revenues & Volume, By Pultruded, 2021-2031F |
6.3 Latvia FRP Grating Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia FRP Grating Market Revenues & Volume, By Stair Treads, 2021-2031F |
6.3.3 Latvia FRP Grating Market Revenues & Volume, By Walkways, 2021-2031F |
6.3.4 Latvia FRP Grating Market Revenues & Volume, By Platforms, 2021-2031F |
7 Latvia FRP Grating Market Import-Export Trade Statistics |
7.1 Latvia FRP Grating Market Export to Major Countries |
7.2 Latvia FRP Grating Market Imports from Major Countries |
8 Latvia FRP Grating Market Key Performance Indicators |
8.1 Percentage increase in the number of construction projects incorporating FRP gratings. |
8.2 Average time taken for installation and maintenance of FRP gratings. |
8.3 Number of training programs conducted to educate professionals about the advantages of using FRP gratings. |
8.4 Rate of adoption of FRP gratings in different industry sectors. |
9 Latvia FRP Grating Market - Opportunity Assessment |
9.1 Latvia FRP Grating Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Latvia FRP Grating Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Latvia FRP Grating Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia FRP Grating Market - Competitive Landscape |
10.1 Latvia FRP Grating Market Revenue Share, By Companies, 2024 |
10.2 Latvia FRP Grating Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |