| Product Code: ETC5707868 | 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 |
In 2024, Lithuania`s composites import market continued to see diversification with top exporting countries including Poland, Metropolitan France, Czechia, Germany, and Italy. The low Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape. Despite a negative Compound Annual Growth Rate (CAGR) from 2020 to 2024, the impressive growth rate of 18.16% from 2023 to 2024 suggests a potential turnaround in the market. This data indicates opportunities for market players to capitalize on the growing demand for composites in Lithuania.

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 Lithuania Composites Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Composites Market - Industry Life Cycle |
3.4 Lithuania Composites Market - Porter's Five Forces |
3.5 Lithuania Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Lithuania Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Lithuania Composites Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.8 Lithuania Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Lithuania Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and high-strength materials in various industries |
4.2.2 Increasing focus on sustainable and eco-friendly products |
4.2.3 Technological advancements in composite materials manufacturing processes |
4.3 Market Restraints |
4.3.1 High initial investment and production costs |
4.3.2 Limited awareness and understanding of composite materials among end-users |
4.3.3 Challenges related to recycling and disposal of composite materials |
5 Lithuania Composites Market Trends |
6 Lithuania Composites Market Segmentations |
6.1 Lithuania Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Composites Market Revenues & Volume, By Glass Fiber Composites, 2021-2031F |
6.1.3 Lithuania Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.4 Lithuania Composites Market Revenues & Volume, By Natural Fiber Composites, 2021-2031F |
6.2 Lithuania Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Composites Market Revenues & Volume, By Thermoset Composites, 2021-2031F |
6.2.3 Lithuania Composites Market Revenues & Volume, By Thermoplastic Composites, 2021-2031F |
6.3 Lithuania Composites Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Composites Market Revenues & Volume, By Aerospace & defense, 2021-2031F |
6.3.3 Lithuania Composites Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.3.4 Lithuania Composites Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Lithuania Composites Market Revenues & Volume, By Construction & Infrastructure, 2021-2031F |
6.3.6 Lithuania Composites Market Revenues & Volume, By Marine, 2021-2031F |
6.3.7 Lithuania Composites Market Revenues & Volume, By Pipe & Tank, 2021-2031F |
6.3.8 Lithuania Composites Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Lithuania Composites Market Revenues & Volume, By Others, 2021-2031F |
6.4 Lithuania Composites Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Composites Market Revenues & Volume, By Lay-up, 2021-2031F |
6.4.3 Lithuania Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.4.4 Lithuania Composites Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.4.5 Lithuania Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.4.6 Lithuania Composites Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.4.7 Lithuania Composites Market Revenues & Volume, By RTM, 2021-2031F |
7 Lithuania Composites Market Import-Export Trade Statistics |
7.1 Lithuania Composites Market Export to Major Countries |
7.2 Lithuania Composites Market Imports from Major Countries |
8 Lithuania Composites Market Key Performance Indicators |
8.1 Percentage of market share held by eco-friendly composite materials |
8.2 Number of research and development projects focused on composite materials in Lithuania |
8.3 Adoption rate of composite materials in key industries in Lithuania |
8.4 Percentage of composite material waste effectively recycled or reused |
8.5 Number of partnerships and collaborations between composite material manufacturers and end-users in Lithuania |
9 Lithuania Composites Market - Opportunity Assessment |
9.1 Lithuania Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Lithuania Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Lithuania Composites Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.4 Lithuania Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Lithuania Composites Market - Competitive Landscape |
10.1 Lithuania Composites Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Composites 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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