| Product Code: ETC5713720 | 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 wind turbine composites materials to Lithuania in 2024 saw a notable increase in concentration, shifting from low to moderate concentration. Top exporting countries to Lithuania included Belgium, Finland, Austria, Germany, and Netherlands. With a steady compound annual growth rate (CAGR) of 3.15% from 2020 to 2024, the industry experienced a robust growth rate of 6.44% from 2023 to 2024. This upward trend indicates a growing demand for advanced composites materials in Lithuania`s wind turbine sector, highlighting opportunities for further market expansion and collaboration with key international suppliers.

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 Wind Turbine Composites Material Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Wind Turbine Composites Material Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Wind Turbine Composites Material Market - Industry Life Cycle |
3.4 Lithuania Wind Turbine Composites Material Market - Porter's Five Forces |
3.5 Lithuania Wind Turbine Composites Material Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Lithuania Wind Turbine Composites Material Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Lithuania Wind Turbine Composites Material Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.8 Lithuania Wind Turbine Composites Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Wind Turbine Composites Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on renewable energy sources in Lithuania |
4.2.2 Government initiatives and policies promoting wind energy projects |
4.2.3 Technological advancements in composites materials for wind turbines |
4.3 Market Restraints |
4.3.1 High initial investment costs for wind turbine composites materials |
4.3.2 Limited availability of skilled labor for manufacturing and installation |
4.3.3 Regulatory challenges and permitting issues for wind energy projects |
5 Lithuania Wind Turbine Composites Material Market Trends |
6 Lithuania Wind Turbine Composites Material Market Segmentations |
6.1 Lithuania Wind Turbine Composites Material Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Wind Turbine Composites Material Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.3 Lithuania Wind Turbine Composites Material Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.4 Lithuania Wind Turbine Composites Material Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.2 Lithuania Wind Turbine Composites Material Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Wind Turbine Composites Material Market Revenues & Volume, By Glass fiber, 2021-2031F |
6.2.3 Lithuania Wind Turbine Composites Material Market Revenues & Volume, By Carbon fiber, 2021-2031F |
6.3 Lithuania Wind Turbine Composites Material Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Wind Turbine Composites Material Market Revenues & Volume, By Vacuum Injection Molding, 2021-2031F |
6.3.3 Lithuania Wind Turbine Composites Material Market Revenues & Volume, By Prepreg, 2021-2031F |
6.3.4 Lithuania Wind Turbine Composites Material Market Revenues & Volume, By Hand Lay-Up, 2021-2031F |
6.4 Lithuania Wind Turbine Composites Material Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Wind Turbine Composites Material Market Revenues & Volume, By Blades, 2021-2031F |
6.4.3 Lithuania Wind Turbine Composites Material Market Revenues & Volume, By Nacelles, 2021-2031F |
6.4.4 Lithuania Wind Turbine Composites Material Market Revenues & Volume, By Others (Towers and Hub), 2021-2031F |
7 Lithuania Wind Turbine Composites Material Market Import-Export Trade Statistics |
7.1 Lithuania Wind Turbine Composites Material Market Export to Major Countries |
7.2 Lithuania Wind Turbine Composites Material Market Imports from Major Countries |
8 Lithuania Wind Turbine Composites Material Market Key Performance Indicators |
8.1 Average cost reduction in wind turbine composites materials |
8.2 Number of new wind energy projects initiated in Lithuania |
8.3 Percentage increase in energy output efficiency of wind turbines |
8.4 Rate of adoption of advanced composite materials in wind turbine manufacturing |
8.5 Reduction in maintenance costs for wind turbines due to material improvements |
9 Lithuania Wind Turbine Composites Material Market - Opportunity Assessment |
9.1 Lithuania Wind Turbine Composites Material Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Lithuania Wind Turbine Composites Material Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Lithuania Wind Turbine Composites Material Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.4 Lithuania Wind Turbine Composites Material Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Wind Turbine Composites Material Market - Competitive Landscape |
10.1 Lithuania Wind Turbine Composites Material Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Wind Turbine Composites Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |