| Product Code: ETC10903669 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Latvia continued to rely heavily on neighboring countries such as Lithuania, Poland, Ukraine, Germany, and Czechia for technical insulation imports. Despite a slight decrease in growth rate from 2023 to 2024, the Compound Annual Growth Rate (CAGR) from 2020 to 2024 remained steady at 1.5%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting that these top exporting countries have a significant stronghold in Latvia`s technical insulation import sector. Continued monitoring of market trends and competition dynamics will be crucial for stakeholders in this industry.
| 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 Technical Insulation Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Technical Insulation Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Technical Insulation Market - Industry Life Cycle | 
| 3.4 Latvia Technical Insulation Market - Porter's Five Forces | 
| 3.5 Latvia Technical Insulation Market Revenues & Volume Share, By Product Type, 2021 & 2031F | 
| 3.6 Latvia Technical Insulation Market Revenues & Volume Share, By Material, 2021 & 2031F | 
| 3.7 Latvia Technical Insulation Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 3.8 Latvia Technical Insulation Market Revenues & Volume Share, By Insulation Property, 2021 & 2031F | 
| 3.9 Latvia Technical Insulation Market Revenues & Volume Share, By End Use, 2021 & 2031F | 
| 4 Latvia Technical Insulation Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing focus on energy efficiency and sustainability in construction projects | 
| 4.2.2 Growing demand for technical insulation in industrial applications | 
| 4.2.3 Government regulations promoting the use of energy-efficient materials in buildings | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuating raw material prices impacting production costs | 
| 4.3.2 Competition from substitute materials such as fiberglass and mineral wool | 
| 4.3.3 Economic fluctuations affecting investments in construction projects | 
| 5 Latvia Technical Insulation Market Trends | 
| 6 Latvia Technical Insulation Market, By Types | 
| 6.1 Latvia Technical Insulation Market, By Product Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Technical Insulation Market Revenues & Volume, By Product Type, 2021 - 2031F | 
| 6.1.3 Latvia Technical Insulation Market Revenues & Volume, By Thermal Insulation, 2021 - 2031F | 
| 6.1.4 Latvia Technical Insulation Market Revenues & Volume, By Acoustic Insulation, 2021 - 2031F | 
| 6.1.5 Latvia Technical Insulation Market Revenues & Volume, By Fireproof Insulation, 2021 - 2031F | 
| 6.2 Latvia Technical Insulation Market, By Material | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Technical Insulation Market Revenues & Volume, By Fiberglass, 2021 - 2031F | 
| 6.2.3 Latvia Technical Insulation Market Revenues & Volume, By Mineral Wool, 2021 - 2031F | 
| 6.2.4 Latvia Technical Insulation Market Revenues & Volume, By Aerogel, 2021 - 2031F | 
| 6.3 Latvia Technical Insulation Market, By Application | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Technical Insulation Market Revenues & Volume, By Industrial Equipment, 2021 - 2031F | 
| 6.3.3 Latvia Technical Insulation Market Revenues & Volume, By Automotive, 2021 - 2031F | 
| 6.3.4 Latvia Technical Insulation Market Revenues & Volume, By Electronics, 2021 - 2031F | 
| 6.4 Latvia Technical Insulation Market, By Insulation Property | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 Latvia Technical Insulation Market Revenues & Volume, By Heat Resistance, 2021 - 2031F | 
| 6.4.3 Latvia Technical Insulation Market Revenues & Volume, By Soundproofing, 2021 - 2031F | 
| 6.4.4 Latvia Technical Insulation Market Revenues & Volume, By Fire Resistance, 2021 - 2031F | 
| 6.5 Latvia Technical Insulation Market, By End Use | 
| 6.5.1 Overview and Analysis | 
| 6.5.2 Latvia Technical Insulation Market Revenues & Volume, By Construction, 2021 - 2031F | 
| 6.5.3 Latvia Technical Insulation Market Revenues & Volume, By Transportation, 2021 - 2031F | 
| 6.5.4 Latvia Technical Insulation Market Revenues & Volume, By Oil & Gas, 2021 - 2031F | 
| 7 Latvia Technical Insulation Market Import-Export Trade Statistics | 
| 7.1 Latvia Technical Insulation Market Export to Major Countries | 
| 7.2 Latvia Technical Insulation Market Imports from Major Countries | 
| 8 Latvia Technical Insulation Market Key Performance Indicators | 
| 8.1 Energy savings achieved through the use of technical insulation materials | 
| 8.2 Adoption rate of technical insulation in new construction projects | 
| 8.3 Number of government policies supporting energy-efficient building materials | 
| 9 Latvia Technical Insulation Market - Opportunity Assessment | 
| 9.1 Latvia Technical Insulation Market Opportunity Assessment, By Product Type, 2021 & 2031F | 
| 9.2 Latvia Technical Insulation Market Opportunity Assessment, By Material, 2021 & 2031F | 
| 9.3 Latvia Technical Insulation Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 9.4 Latvia Technical Insulation Market Opportunity Assessment, By Insulation Property, 2021 & 2031F | 
| 9.5 Latvia Technical Insulation Market Opportunity Assessment, By End Use, 2021 & 2031F | 
| 10 Latvia Technical Insulation Market - Competitive Landscape | 
| 10.1 Latvia Technical Insulation Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Technical Insulation Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |