| Product Code: ETC4913473 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Latvia`s glass mat import market saw a shift towards higher concentration with top suppliers including the UK, China, Germany, Poland, and Czechia. Despite a strong compound annual growth rate of 14.56% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -7.48%. This change in concentration and growth rate may indicate evolving market dynamics and changing supplier relationships within the glass mat import industry in Latvia. Continued monitoring of these trends will be crucial for market participants to adapt and succeed in this competitive landscape.
The Glass Mat market in Latvia is projected to grow at a stable growth rate of 4.20% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

| 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 Mat Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Glass Mat Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Glass Mat Market - Industry Life Cycle | 
| 3.4 Latvia Glass Mat Market - Porter's Five Forces | 
| 3.5 Latvia Glass Mat Market Revenues & Volume Share, By Mat Type, 2021 & 2031F | 
| 3.6 Latvia Glass Mat Market Revenues & Volume Share, By Binder Type, 2021 & 2031F | 
| 3.7 Latvia Glass Mat Market Revenues & Volume Share, By Applications, 2021 & 2031F | 
| 3.8 Latvia Glass Mat Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F | 
| 4 Latvia Glass Mat Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing demand for lightweight and durable construction materials | 
| 4.2.2 Growth in the construction industry in Latvia | 
| 4.2.3 Rising awareness about energy efficiency and sustainability | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuating raw material prices | 
| 4.3.2 Intense competition from other construction materials | 
| 4.3.3 Stringent government regulations related to environmental impact | 
| 5 Latvia Glass Mat Market Trends | 
| 6 Latvia Glass Mat Market Segmentations | 
| 6.1 Latvia Glass Mat Market, By Mat Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Glass Mat Market Revenues & Volume, By Chopped Strand Mat, 2021-2031F | 
| 6.1.3 Latvia Glass Mat Market Revenues & Volume, By Continuous Filament Mat, 2021-2031F | 
| 6.2 Latvia Glass Mat Market, By Binder Type | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Glass Mat Market Revenues & Volume, By Emulsion Bonded Glass Mat, 2021-2031F | 
| 6.2.3 Latvia Glass Mat Market Revenues & Volume, By Powder Bonded Glass Mat, 2021-2031F | 
| 6.3 Latvia Glass Mat Market, By Applications | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Glass Mat Market Revenues & Volume, By Drywall Tape & Accessories, 2021-2031F | 
| 6.3.3 Latvia Glass Mat Market Revenues & Volume, By Flooring Enforcement, 2021-2031F | 
| 6.3.4 Latvia Glass Mat Market Revenues & Volume, By Wall Reinforcement, 2021-2031F | 
| 6.3.5 Latvia Glass Mat Market Revenues & Volume, By Roofing And Waterproofing, 2021-2031F | 
| 6.3.6 Latvia Glass Mat Market Revenues & Volume, By Insulation, 2021-2031F | 
| 6.4 Latvia Glass Mat Market, By End-use Industry | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 Latvia Glass Mat Market Revenues & Volume, By Marine, 2021-2031F | 
| 6.4.3 Latvia Glass Mat Market Revenues & Volume, By Construction, 2021-2031F | 
| 6.4.4 Latvia Glass Mat Market Revenues & Volume, By Automotive, 2021-2031F | 
| 6.4.5 Latvia Glass Mat Market Revenues & Volume, By Industrial, 2021-2031F | 
| 6.4.6 Latvia Glass Mat Market Revenues & Volume, By Others, 2021-2031F | 
| 7 Latvia Glass Mat Market Import-Export Trade Statistics | 
| 7.1 Latvia Glass Mat Market Export to Major Countries | 
| 7.2 Latvia Glass Mat Market Imports from Major Countries | 
| 8 Latvia Glass Mat Market Key Performance Indicators | 
| 8.1 Adoption rate of glass mat in construction projects | 
| 8.2 Number of new construction permits issued in Latvia | 
| 8.3 Investment in research and development for glass mat technology | 
| 8.4 Percentage of construction projects incorporating energy-efficient materials | 
| 9 Latvia Glass Mat Market - Opportunity Assessment | 
| 9.1 Latvia Glass Mat Market Opportunity Assessment, By Mat Type, 2021 & 2031F | 
| 9.2 Latvia Glass Mat Market Opportunity Assessment, By Binder Type, 2021 & 2031F | 
| 9.3 Latvia Glass Mat Market Opportunity Assessment, By Applications, 2021 & 2031F | 
| 9.4 Latvia Glass Mat Market Opportunity Assessment, By End-use Industry, 2021 & 2031F | 
| 10 Latvia Glass Mat Market - Competitive Landscape | 
| 10.1 Latvia Glass Mat Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Glass Mat Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |