Latvia Hybrid Composites Market (2025-2031) | Segmentation, Growth, Analysis, Trends, Value, Forecast, Companies, Industry, Revenue, Size, Outlook & Share

Market Forecast By Resin (Thermoset , Thermoplastic), By End Use Industry (Automotive & Transportation, Aerospace & Defense, Wind Energy, Marine, Sporting Goods), By Fiber Type (Carbon/Glass and Glass/Carbon, Aramid/Carbon, HMPP/Carbon, UHMWPE/Carbon, Others) And Competitive Landscape
Product Code: ETC5711986 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

Latvia Hybrid Composites Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s import shipments of hybrid composites saw a notable shift in concentration in 2024, moving from moderate to high concentration according to the Herfindahl-Hirschman Index (HHI). Top exporting countries like Germany, Lithuania, and Poland continued to dominate the market, with Italy and Belgium also playing significant roles. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remained strong at 13.48%. This data suggests a competitive market landscape in Latvia for hybrid composites, driven by key players from various European countries.

Latvia Hybrid Composites Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Hybrid Composites Market Outlook
  • Market Size of Latvia Hybrid Composites Market, 2024
  • Forecast of Latvia Hybrid Composites Market, 2031
  • Historical Data and Forecast of Latvia Hybrid Composites Revenues & Volume for the Period 2021-2031
  • Latvia Hybrid Composites Market Trend Evolution
  • Latvia Hybrid Composites Market Drivers and Challenges
  • Latvia Hybrid Composites Price Trends
  • Latvia Hybrid Composites Porter`s Five Forces
  • Latvia Hybrid Composites Industry Life Cycle
  • Historical Data and Forecast of Latvia Hybrid Composites Market Revenues & Volume By Resin for the Period 2021-2031
  • Historical Data and Forecast of Latvia Hybrid Composites Market Revenues & Volume By Thermoset for the Period 2021-2031
  • Historical Data and Forecast of Latvia Hybrid Composites Market Revenues & Volume By Thermoplastic for the Period 2021-2031
  • Historical Data and Forecast of Latvia Hybrid Composites Market Revenues & Volume By End Use Industry for the Period 2021-2031
  • Historical Data and Forecast of Latvia Hybrid Composites Market Revenues & Volume By Automotive & Transportation for the Period 2021-2031
  • Historical Data and Forecast of Latvia Hybrid Composites Market Revenues & Volume By Aerospace & Defense for the Period 2021-2031
  • Historical Data and Forecast of Latvia Hybrid Composites Market Revenues & Volume By Wind Energy for the Period 2021-2031
  • Historical Data and Forecast of Latvia Hybrid Composites Market Revenues & Volume By Marine for the Period 2021-2031
  • Historical Data and Forecast of Latvia Hybrid Composites Market Revenues & Volume By Sporting Goods for the Period 2021-2031
  • Historical Data and Forecast of Latvia Hybrid Composites Market Revenues & Volume By Fiber Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Hybrid Composites Market Revenues & Volume By Carbon/Glass and Glass/Carbon for the Period 2021-2031
  • Historical Data and Forecast of Latvia Hybrid Composites Market Revenues & Volume By Aramid/Carbon for the Period 2021-2031
  • Historical Data and Forecast of Latvia Hybrid Composites Market Revenues & Volume By HMPP/Carbon for the Period 2021-2031
  • Historical Data and Forecast of Latvia Hybrid Composites Market Revenues & Volume By UHMWPE/Carbon for the Period 2021-2031
  • Historical Data and Forecast of Latvia Hybrid Composites Market Revenues & Volume By Others for the Period 2021-2031
  • Latvia Hybrid Composites Import Export Trade Statistics
  • Market Opportunity Assessment By Resin
  • Market Opportunity Assessment By End Use Industry
  • Market Opportunity Assessment By Fiber Type
  • Latvia Hybrid Composites Top Companies Market Share
  • Latvia Hybrid Composites Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Hybrid Composites Company Profiles
  • Latvia Hybrid Composites Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Hybrid Composites 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 Hybrid Composites Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Hybrid Composites Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Hybrid Composites Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Hybrid Composites Market - Industry Life Cycle

3.4 Latvia Hybrid Composites Market - Porter's Five Forces

3.5 Latvia Hybrid Composites Market Revenues & Volume Share, By Resin, 2021 & 2031F

3.6 Latvia Hybrid Composites Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F

3.7 Latvia Hybrid Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F

4 Latvia Hybrid Composites Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lightweight and high-performance materials in various industries

4.2.2 Favorable government regulations promoting the use of hybrid composites for sustainability and environmental reasons

4.3 Market Restraints

4.3.1 High initial investment costs associated with the development and production of hybrid composites

4.3.2 Limited awareness and understanding of the benefits of hybrid composites among end-users

5 Latvia Hybrid Composites Market Trends

6 Latvia Hybrid Composites Market Segmentations

6.1 Latvia Hybrid Composites Market, By Resin

6.1.1 Overview and Analysis

6.1.2 Latvia Hybrid Composites Market Revenues & Volume, By Thermoset , 2021-2031F

6.1.3 Latvia Hybrid Composites Market Revenues & Volume, By Thermoplastic, 2021-2031F

6.2 Latvia Hybrid Composites Market, By End Use Industry

6.2.1 Overview and Analysis

6.2.2 Latvia Hybrid Composites Market Revenues & Volume, By Automotive & Transportation, 2021-2031F

6.2.3 Latvia Hybrid Composites Market Revenues & Volume, By Aerospace & Defense, 2021-2031F

6.2.4 Latvia Hybrid Composites Market Revenues & Volume, By Wind Energy, 2021-2031F

6.2.5 Latvia Hybrid Composites Market Revenues & Volume, By Marine, 2021-2031F

6.2.6 Latvia Hybrid Composites Market Revenues & Volume, By Sporting Goods, 2021-2031F

6.3 Latvia Hybrid Composites Market, By Fiber Type

6.3.1 Overview and Analysis

6.3.2 Latvia Hybrid Composites Market Revenues & Volume, By Carbon/Glass and Glass/Carbon, 2021-2031F

6.3.3 Latvia Hybrid Composites Market Revenues & Volume, By Aramid/Carbon, 2021-2031F

6.3.4 Latvia Hybrid Composites Market Revenues & Volume, By HMPP/Carbon, 2021-2031F

6.3.5 Latvia Hybrid Composites Market Revenues & Volume, By UHMWPE/Carbon, 2021-2031F

6.3.6 Latvia Hybrid Composites Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Hybrid Composites Market Import-Export Trade Statistics

7.1 Latvia Hybrid Composites Market Export to Major Countries

7.2 Latvia Hybrid Composites Market Imports from Major Countries

8 Latvia Hybrid Composites Market Key Performance Indicators

8.1 Research and development investment in hybrid composite technologies

8.2 Adoption rate of hybrid composites in key industries

8.3 Number of new product launches utilizing hybrid composites

8.4 Percentage of waste reduction achieved through the use of hybrid composites

8.5 Energy efficiency improvements attributed to the use of hybrid composites

9 Latvia Hybrid Composites Market - Opportunity Assessment

9.1 Latvia Hybrid Composites Market Opportunity Assessment, By Resin, 2021 & 2031F

9.2 Latvia Hybrid Composites Market Opportunity Assessment, By End Use Industry, 2021 & 2031F

9.3 Latvia Hybrid Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F

10 Latvia Hybrid Composites Market - Competitive Landscape

10.1 Latvia Hybrid Composites Market Revenue Share, By Companies, 2024

10.2 Latvia Hybrid Composites Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All