| Product Code: ETC4963880 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw a significant increase in the concentration of glass fibre reinforced plastic imports, with top exporters being the UK, China, Germany, Poland, and Czechia. Despite a negative growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 was strong at 14.56%. This shift towards higher concentration suggests a more competitive landscape in the market, potentially leading to increased innovation and market dynamics. Going forward, monitoring these trends will be crucial for stakeholders to adapt to changing market conditions and maintain a competitive edge.

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 Fibre Reinforced Plastic Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Glass Fibre Reinforced Plastic Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Glass Fibre Reinforced Plastic Market - Industry Life Cycle |
3.4 Latvia Glass Fibre Reinforced Plastic Market - Porter's Five Forces |
3.5 Latvia Glass Fibre Reinforced Plastic Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Glass Fibre Reinforced Plastic Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Glass Fibre Reinforced Plastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and durable materials in various industries such as automotive, construction, and aerospace. |
4.2.2 Increasing focus on sustainable and eco-friendly materials, driving the adoption of glass fibre reinforced plastics. |
4.2.3 Technological advancements leading to improved properties and performance of glass fibre reinforced plastics. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the overall production cost of glass fibre reinforced plastics. |
4.3.2 Regulatory challenges related to environmental standards and waste management. |
4.3.3 Competition from alternative materials like carbon fiber composites or metals in certain applications. |
5 Latvia Glass Fibre Reinforced Plastic Market Trends |
6 Latvia Glass Fibre Reinforced Plastic Market Segmentations |
6.1 Latvia Glass Fibre Reinforced Plastic Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Glass Fibre Reinforced Plastic Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.3 Latvia Glass Fibre Reinforced Plastic Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.1.4 Latvia Glass Fibre Reinforced Plastic Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.5 Latvia Glass Fibre Reinforced Plastic Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.6 Latvia Glass Fibre Reinforced Plastic Market Revenues & Volume, By Peek Resin, 2021-2031F |
6.1.7 Latvia Glass Fibre Reinforced Plastic Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Glass Fibre Reinforced Plastic Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Glass Fibre Reinforced Plastic Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.2.3 Latvia Glass Fibre Reinforced Plastic Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.4 Latvia Glass Fibre Reinforced Plastic Market Revenues & Volume, By Marine, 2021-2031F |
6.2.5 Latvia Glass Fibre Reinforced Plastic Market Revenues & Volume, By Pipe & Tanks, 2021-2031F |
6.2.6 Latvia Glass Fibre Reinforced Plastic Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Glass Fibre Reinforced Plastic Market Import-Export Trade Statistics |
7.1 Latvia Glass Fibre Reinforced Plastic Market Export to Major Countries |
7.2 Latvia Glass Fibre Reinforced Plastic Market Imports from Major Countries |
8 Latvia Glass Fibre Reinforced Plastic Market Key Performance Indicators |
8.1 Percentage increase in the adoption of glass fibre reinforced plastics across industries. |
8.2 Research and development investments in enhancing the properties and applications of glass fibre reinforced plastics. |
8.3 Number of partnerships or collaborations between manufacturers and end-users for product development and market expansion. |
9 Latvia Glass Fibre Reinforced Plastic Market - Opportunity Assessment |
9.1 Latvia Glass Fibre Reinforced Plastic Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Glass Fibre Reinforced Plastic Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Glass Fibre Reinforced Plastic Market - Competitive Landscape |
10.1 Latvia Glass Fibre Reinforced Plastic Market Revenue Share, By Companies, 2024 |
10.2 Latvia Glass Fibre Reinforced Plastic Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |