| Product Code: ETC5708794 | 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 prepreg import market saw significant growth in 2024, with top exporters including Sweden, Germany, Italy, Finland, and Lithuania. The market concentration increased from low to moderate, indicating a more competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 7.95%, with a notable growth rate of 9.94% in 2024 alone. These trends suggest a dynamic and expanding market for prepreg imports in Latvia, driven by key players from various European countries.

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 Prepreg Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Prepreg Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Prepreg Market - Industry Life Cycle |
3.4 Latvia Prepreg Market - Porter's Five Forces |
3.5 Latvia Prepreg Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Latvia Prepreg Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Latvia Prepreg Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Latvia Prepreg Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in various industries such as aerospace, automotive, and wind energy. |
4.2.2 Growing focus on sustainability and environmental concerns, leading to the adoption of eco-friendly prepreg materials. |
4.2.3 Rise in research and development activities to enhance the properties and performance of prepreg materials. |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up prepreg manufacturing facilities. |
4.3.2 Limited awareness and understanding of prepreg materials among end-users. |
4.3.3 Challenges related to the recyclability and disposal of prepreg waste materials. |
5 Latvia Prepreg Market Trends |
6 Latvia Prepreg Market Segmentations |
6.1 Latvia Prepreg Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Prepreg Market Revenues & Volume, By Glass, 2021-2031F |
6.1.3 Latvia Prepreg Market Revenues & Volume, By Carbon, 2021-2031F |
6.1.4 Latvia Prepreg Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Prepreg Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Prepreg Market Revenues & Volume, By Thermoset, 2021-2031F |
6.2.3 Latvia Prepreg Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.3 Latvia Prepreg Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Latvia Prepreg Market Revenues & Volume, By Tow, 2021-2031F |
6.3.3 Latvia Prepreg Market Revenues & Volume, By Fabric, 2021-2031F |
7 Latvia Prepreg Market Import-Export Trade Statistics |
7.1 Latvia Prepreg Market Export to Major Countries |
7.2 Latvia Prepreg Market Imports from Major Countries |
8 Latvia Prepreg Market Key Performance Indicators |
8.1 Percentage increase in the adoption of prepreg materials in key industries. |
8.2 Number of new product developments and innovations in the prepreg market. |
8.3 Reduction in the manufacturing cost of prepreg materials through technological advancements. |
8.4 Increase in the number of partnerships and collaborations between prepreg manufacturers and end-users for product development. |
9 Latvia Prepreg Market - Opportunity Assessment |
9.1 Latvia Prepreg Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Latvia Prepreg Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Latvia Prepreg Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Latvia Prepreg Market - Competitive Landscape |
10.1 Latvia Prepreg Market Revenue Share, By Companies, 2024 |
10.2 Latvia Prepreg Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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