| Product Code: ETC5709193 | 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 |
The import shipments of tow prepreg into Latvia saw a shift in concentration levels from moderate to high in 2024, with top exporting countries being Germany, Lithuania, Poland, Italy, and Belgium. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 remained strong at 13.48%. This suggests a continued demand for tow prepreg in Latvia, with key players from neighboring countries dominating the market.

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 Tow Prepreg Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Tow Prepreg Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Tow Prepreg Market - Industry Life Cycle |
3.4 Latvia Tow Prepreg Market - Porter's Five Forces |
3.5 Latvia Tow Prepreg Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Latvia Tow Prepreg Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Latvia Tow Prepreg Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Tow Prepreg Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Latvia Tow Prepreg Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in aerospace and automotive industries |
4.2.2 Growth in the wind energy sector driving demand for advanced composite materials like tow prepreg |
4.2.3 Technological advancements leading to improved performance characteristics of tow prepreg materials |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up tow prepreg manufacturing facilities |
4.3.2 Limited awareness and adoption of tow prepreg materials in certain industries |
4.3.3 Fluctuating prices of raw materials impacting the overall cost of tow prepreg production |
5 Latvia Tow Prepreg Market Trends |
6 Latvia Tow Prepreg Market Segmentations |
6.1 Latvia Tow Prepreg Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Tow Prepreg Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.3 Latvia Tow Prepreg Market Revenues & Volume, By Phenolic, 2021-2031F |
6.2 Latvia Tow Prepreg Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Tow Prepreg Market Revenues & Volume, By Carbon, 2021-2031F |
6.2.3 Latvia Tow Prepreg Market Revenues & Volume, By Glass, 2021-2031F |
6.3 Latvia Tow Prepreg Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Tow Prepreg Market Revenues & Volume, By Pressure Vessels, 2021-2031F |
6.3.3 Latvia Tow Prepreg Market Revenues & Volume, By Scuba Tanks, 2021-2031F |
6.3.4 Latvia Tow Prepreg Market Revenues & Volume, By Oxygen Cylinders, 2021-2031F |
6.4 Latvia Tow Prepreg Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Latvia Tow Prepreg Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.4.3 Latvia Tow Prepreg Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.4.4 Latvia Tow Prepreg Market Revenues & Volume, By Sports & Recreational, 2021-2031F |
6.4.5 Latvia Tow Prepreg Market Revenues & Volume, By Oil & Gas, 2021-2031F |
7 Latvia Tow Prepreg Market Import-Export Trade Statistics |
7.1 Latvia Tow Prepreg Market Export to Major Countries |
7.2 Latvia Tow Prepreg Market Imports from Major Countries |
8 Latvia Tow Prepreg Market Key Performance Indicators |
8.1 Percentage increase in RD investment in tow prepreg technologies |
8.2 Number of partnerships or collaborations with key industries for tow prepreg applications |
8.3 Adoption rate of tow prepreg materials in new industries |
8.4 Average lead time for tow prepreg material development |
8.5 Percentage improvement in the mechanical properties of tow prepreg materials |
9 Latvia Tow Prepreg Market - Opportunity Assessment |
9.1 Latvia Tow Prepreg Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Latvia Tow Prepreg Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Latvia Tow Prepreg Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Tow Prepreg Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Latvia Tow Prepreg Market - Competitive Landscape |
10.1 Latvia Tow Prepreg Market Revenue Share, By Companies, 2024 |
10.2 Latvia Tow 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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