| Product Code: ETC5741911 | 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`s pipe insulation import market in 2024 continued to be dominated by neighboring countries such as Lithuania, Poland, and Ukraine, as well as key players like Germany and Czechia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a modest Compound Annual Growth Rate (CAGR) of 1.5% from 2020 to 2024, a slight decline in growth rate from 2023 to 2024 at -1.03% suggests a potential shift in market dynamics. Stakeholders should closely monitor these trends for strategic insights and opportunities in the Latvian pipe insulation sector.

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 Pipe Insulation Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Pipe Insulation Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Pipe Insulation Market - Industry Life Cycle |
3.4 Latvia Pipe Insulation Market - Porter's Five Forces |
3.5 Latvia Pipe Insulation Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Latvia Pipe Insulation Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Pipe Insulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient solutions in buildings and industrial facilities |
4.2.2 Growing awareness about the benefits of pipe insulation in reducing energy consumption and greenhouse gas emissions |
4.2.3 Government regulations promoting energy efficiency and sustainability in construction projects |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the production cost of pipe insulation |
4.3.2 Limited availability of skilled labor for installation of pipe insulation |
4.3.3 Slow adoption rate among small and medium-sized enterprises due to initial investment costs |
5 Latvia Pipe Insulation Market Trends |
6 Latvia Pipe Insulation Market Segmentations |
6.1 Latvia Pipe Insulation Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Pipe Insulation Market Revenues & Volume, By Rockwool, 2021-2031F |
6.1.3 Latvia Pipe Insulation Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.1.4 Latvia Pipe Insulation Market Revenues & Volume, By PUR & PIR foam, 2021-2031F |
6.1.5 Latvia Pipe Insulation Market Revenues & Volume, By Elastomeric foam, 2021-2031F |
6.2 Latvia Pipe Insulation Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Pipe Insulation Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.3 Latvia Pipe Insulation Market Revenues & Volume, By Oil, 2021-2031F |
6.2.4 Latvia Pipe Insulation Market Revenues & Volume, By District Energy Systems, 2021-2031F |
6.2.5 Latvia Pipe Insulation Market Revenues & Volume, By Building & Construction, 2021-2031F |
7 Latvia Pipe Insulation Market Import-Export Trade Statistics |
7.1 Latvia Pipe Insulation Market Export to Major Countries |
7.2 Latvia Pipe Insulation Market Imports from Major Countries |
8 Latvia Pipe Insulation Market Key Performance Indicators |
8.1 Energy savings achieved through the use of pipe insulation |
8.2 Number of new construction projects incorporating pipe insulation |
8.3 Rate of compliance with energy efficiency regulations in the construction sector |
9 Latvia Pipe Insulation Market - Opportunity Assessment |
9.1 Latvia Pipe Insulation Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Latvia Pipe Insulation Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Pipe Insulation Market - Competitive Landscape |
10.1 Latvia Pipe Insulation Market Revenue Share, By Companies, 2024 |
10.2 Latvia Pipe Insulation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |