Latvia Glass Fiber-reinforced Plastics Market (2025-2031) | Value, Industry, Size & Revenue, Segmentation, Competitive Landscape, Outlook, Trends, Share, Growth, Forecast, Companies, Analysis
Market Forecast By Resin Type (Polyester, Vinyl Ester, Epoxy, Polyurethane, Thermoplastic, Others), By End-User (Wind Energy, Electrical & Electronics, Transporation, Pipes & Tanks, Construction & Infrastructure, Marine, Aerospace & Defense, Other), By Manufacturing Process (Compression & Injection Molding Process, Layup, Filament Winding, Pultrusion, Resin Transfer Molding (RTM), Other), By Form (Rebar, Powder, Sheet, Panel, Rolls, Others) And Competitive Landscape
| Product Code: ETC7912116 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia Glass Fiber-reinforced Plastics Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia continued to rely on imports of glass fiber-reinforced plastics, with top exporting countries being Germany, Poland, China, Lithuania, and Italy. Despite the stable low concentration levels based on the Herfindahl-Hirschman Index (HHI), the industry saw a healthy compound annual growth rate (CAGR) of 7.82% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -11.37%, indicating potential challenges or shifts in the market landscape that importers and stakeholders need to monitor closely.
Key Highlights of the Report:
- Latvia Glass Fiber-reinforced Plastics Market Outlook
- Market Size of Latvia Glass Fiber-reinforced Plastics Market, 2024
- Forecast of Latvia Glass Fiber-reinforced Plastics Market, 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Revenues & Volume for the Period 2021- 2031
- Latvia Glass Fiber-reinforced Plastics Market Trend Evolution
- Latvia Glass Fiber-reinforced Plastics Market Drivers and Challenges
- Latvia Glass Fiber-reinforced Plastics Price Trends
- Latvia Glass Fiber-reinforced Plastics Porter's Five Forces
- Latvia Glass Fiber-reinforced Plastics Industry Life Cycle
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Resin Type for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Polyester for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Vinyl Ester for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Epoxy for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Polyurethane for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Thermoplastic for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By End-User for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Wind Energy for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Electrical & Electronics for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Transporation for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Pipes & Tanks for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Construction & Infrastructure for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Marine for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Aerospace & Defense for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Other for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Manufacturing Process for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Compression & Injection Molding Process for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Layup for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Filament Winding for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Pultrusion for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Resin Transfer Molding (RTM) for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Other for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Form for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Rebar for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Powder for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Sheet for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Panel for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Rolls for the Period 2021- 2031
- Historical Data and Forecast of Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume By Others for the Period 2021- 2031
- Latvia Glass Fiber-reinforced Plastics Import Export Trade Statistics
- Market Opportunity Assessment By Resin Type
- Market Opportunity Assessment By End-User
- Market Opportunity Assessment By Manufacturing Process
- Market Opportunity Assessment By Form
- Latvia Glass Fiber-reinforced Plastics Top Companies Market Share
- Latvia Glass Fiber-reinforced Plastics Competitive Benchmarking By Technical and Operational Parameters
- Latvia Glass Fiber-reinforced Plastics Company Profiles
- Latvia Glass Fiber-reinforced Plastics Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Glass Fiber-reinforced Plastics Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Glass Fiber-reinforced Plastics Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Glass Fiber-reinforced Plastics Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Glass Fiber-reinforced Plastics Market - Industry Life Cycle |
3.4 Latvia Glass Fiber-reinforced Plastics Market - Porter's Five Forces |
3.5 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.7 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.8 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Latvia Glass Fiber-reinforced Plastics 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 eco-friendly materials |
4.2.3 Technological advancements leading to the development of innovative glass fiber-reinforced plastics products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Lack of awareness and understanding of the benefits of glass fiber-reinforced plastics among end-users |
4.3.3 Stringent regulations and standards related to material usage and disposal |
5 Latvia Glass Fiber-reinforced Plastics Market Trends |
6 Latvia Glass Fiber-reinforced Plastics Market, By Types |
6.1 Latvia Glass Fiber-reinforced Plastics Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Polyester, 2021- 2031F |
6.1.4 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Vinyl Ester, 2021- 2031F |
6.1.5 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.6 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.1.7 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Thermoplastic, 2021- 2031F |
6.1.8 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Glass Fiber-reinforced Plastics Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Wind Energy, 2021- 2031F |
6.2.3 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.2.4 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Transporation, 2021- 2031F |
6.2.5 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Pipes & Tanks, 2021- 2031F |
6.2.6 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Construction & Infrastructure, 2021- 2031F |
6.2.7 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Marine, 2021- 2031F |
6.2.8 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Other, 2021- 2031F |
6.2.9 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Other, 2021- 2031F |
6.3 Latvia Glass Fiber-reinforced Plastics Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Compression & Injection Molding Process, 2021- 2031F |
6.3.3 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Layup, 2021- 2031F |
6.3.4 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Filament Winding, 2021- 2031F |
6.3.5 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Pultrusion, 2021- 2031F |
6.3.6 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Resin Transfer Molding (RTM), 2021- 2031F |
6.3.7 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Other, 2021- 2031F |
6.4 Latvia Glass Fiber-reinforced Plastics Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Rebar, 2021- 2031F |
6.4.3 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Powder, 2021- 2031F |
6.4.4 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Sheet, 2021- 2031F |
6.4.5 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Panel, 2021- 2031F |
6.4.6 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Rolls, 2021- 2031F |
6.4.7 Latvia Glass Fiber-reinforced Plastics Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Glass Fiber-reinforced Plastics Market Import-Export Trade Statistics |
7.1 Latvia Glass Fiber-reinforced Plastics Market Export to Major Countries |
7.2 Latvia Glass Fiber-reinforced Plastics Market Imports from Major Countries |
8 Latvia Glass Fiber-reinforced Plastics Market Key Performance Indicators |
8.1 Research and development investment in new product development |
8.2 Adoption rate of glass fiber-reinforced plastics in key industries |
8.3 Number of collaborations and partnerships for technology transfer and product innovation |
9 Latvia Glass Fiber-reinforced Plastics Market - Opportunity Assessment |
9.1 Latvia Glass Fiber-reinforced Plastics Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Latvia Glass Fiber-reinforced Plastics Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.3 Latvia Glass Fiber-reinforced Plastics Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.4 Latvia Glass Fiber-reinforced Plastics Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Latvia Glass Fiber-reinforced Plastics Market - Competitive Landscape |
10.1 Latvia Glass Fiber-reinforced Plastics Market Revenue Share, By Companies, 2024 |
10.2 Latvia Glass Fiber-reinforced Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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