| Product Code: ETC5708528 | 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 saw a significant increase in glass mat material imports, with top exporters being the UK, China, Germany, Poland, and Czechia. The market showed a shift towards high concentration, indicating increased competition among suppliers. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 remained robust at 14.56%. This data suggests a dynamic and competitive market for glass mat materials in Latvia, with potential opportunities for both local businesses and international suppliers to capitalize on the growing 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 Material Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Glass Mat Material Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Glass Mat Material Market - Industry Life Cycle |
3.4 Latvia Glass Mat Material Market - Porter's Five Forces |
3.5 Latvia Glass Mat Material Market Revenues & Volume Share, By Glass Type, 2021 & 2031F |
3.6 Latvia Glass Mat Material Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Latvia Glass Mat Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Glass Mat Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and high-strength materials in the construction industry |
4.2.2 Increasing awareness about the benefits of glass mat materials in terms of durability and energy efficiency |
4.2.3 Favorable government regulations promoting the use of eco-friendly materials in construction projects |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the overall production cost |
4.3.2 Intense competition from alternative materials such as fiberglass and carbon fiber composites |
4.3.3 Economic downturns leading to reduced construction activities and infrastructure development projects |
5 Latvia Glass Mat Material Market Trends |
6 Latvia Glass Mat Material Market Segmentations |
6.1 Latvia Glass Mat Material Market, By Glass Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Glass Mat Material Market Revenues & Volume, By E-Glass, 2021-2031F |
6.1.3 Latvia Glass Mat Material Market Revenues & Volume, By ECR-Glass, 2021-2031F |
6.1.4 Latvia Glass Mat Material Market Revenues & Volume, By H-Glass, 2021-2031F |
6.1.5 Latvia Glass Mat Material Market Revenues & Volume, By AR-Glass, 2021-2031F |
6.1.6 Latvia Glass Mat Material Market Revenues & Volume, By S-Glass, 2021-2031F |
6.2 Latvia Glass Mat Material Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Glass Mat Material Market Revenues & Volume, By Glass Wool, 2021-2031F |
6.2.3 Latvia Glass Mat Material Market Revenues & Volume, By Direct , 2021-2031F |
6.2.4 Latvia Glass Mat Material Market Revenues & Volume, By Assembled Roving, 2021-2031F |
6.2.5 Latvia Glass Mat Material Market Revenues & Volume, By Yarn, 2021-2031F |
6.2.6 Latvia Glass Mat Material Market Revenues & Volume, By Chopped Strand, 2021-2031F |
6.3 Latvia Glass Mat Material Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Glass Mat Material Market Revenues & Volume, By Composites, 2021-2031F |
6.3.3 Latvia Glass Mat Material Market Revenues & Volume, By Insulation, 2021-2031F |
7 Latvia Glass Mat Material Market Import-Export Trade Statistics |
7.1 Latvia Glass Mat Material Market Export to Major Countries |
7.2 Latvia Glass Mat Material Market Imports from Major Countries |
8 Latvia Glass Mat Material Market Key Performance Indicators |
8.1 Adoption rate of glass mat materials in new construction projects |
8.2 Rate of innovation in glass mat material technology |
8.3 Environmental sustainability certifications obtained by glass mat material manufacturers |
9 Latvia Glass Mat Material Market - Opportunity Assessment |
9.1 Latvia Glass Mat Material Market Opportunity Assessment, By Glass Type, 2021 & 2031F |
9.2 Latvia Glass Mat Material Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Latvia Glass Mat Material Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Glass Mat Material Market - Competitive Landscape |
10.1 Latvia Glass Mat Material Market Revenue Share, By Companies, 2024 |
10.2 Latvia Glass Mat Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |