| Product Code: ETC4638695 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The market for insulation materials in Latvia continues to be dominated by key suppliers such as Lithuania, Poland, Ukraine, Germany, and Czechia. Despite a slight decrease in growth rate in 2024, the industry maintains a stable Compound Annual Growth Rate (CAGR) of 1.5% from 2020 to 2024. High Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with limited competition among importers. The consistent trade flow from these top exporting countries suggests a strong demand for insulation materials in Latvia, pointing towards a steady market outlook for the foreseeable future.
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 Emerging Insulation Materials Market Overview  | 
3.1 Latvia Country Macro Economic Indicators  | 
3.2 Latvia Emerging Insulation Materials Market Revenues & Volume, 2021 & 2031F  | 
3.3 Latvia Emerging Insulation Materials Market - Industry Life Cycle  | 
3.4 Latvia Emerging Insulation Materials Market - Porter's Five Forces  | 
3.5 Latvia Emerging Insulation Materials Market Revenues & Volume Share Segmentations, 2021 & 2031F  | 
3.6 Latvia Emerging Insulation Materials Market Revenues & Volume Share, By Applications, 2021 & 2031F  | 
4 Latvia Emerging Insulation Materials Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Increasing awareness about energy efficiency and sustainability among consumers and businesses  | 
4.2.2 Government initiatives promoting the use of insulation materials for energy conservation  | 
4.3 Market Restraints  | 
4.3.1 High initial cost of advanced insulation materials  | 
4.3.2 Lack of skilled labor for installation of new insulation technologies  | 
5 Latvia Emerging Insulation Materials Market Trends  | 
6 Latvia Emerging Insulation Materials Market Segmentations  | 
6.1 Latvia Emerging Insulation Materials Market Segmentations  | 
6.1.1 Overview and Analysis  | 
6.1.2 Latvia Emerging Insulation Materials Market Revenues & Volume, By Fibrous, 2021-2031F  | 
6.1.3 Latvia Emerging Insulation Materials Market Revenues & Volume, By Granular, 2021-2031F  | 
6.1.4 Latvia Emerging Insulation Materials Market Revenues & Volume, By Gas, 2021-2031F  | 
6.1.5 Latvia Emerging Insulation Materials Market Revenues & Volume, By Cellular, 2021-2031F  | 
6.1.6 Latvia Emerging Insulation Materials Market Revenues & Volume, By Enabling High-performance Reflective Insulation, 2021-2031F  | 
6.2 Latvia Emerging Insulation Materials Market, By Applications  | 
6.2.1 Overview and Analysis  | 
6.2.2 Latvia Emerging Insulation Materials Market Revenues & Volume, By Infrastructure, 2021-2031F  | 
6.2.3 Latvia Emerging Insulation Materials Market Revenues & Volume, By Industrial, 2021-2031F  | 
6.2.4 Latvia Emerging Insulation Materials Market Revenues & Volume, By HVAC & OEM, 2021-2031F  | 
6.2.5 Latvia Emerging Insulation Materials Market Revenues & Volume, By Transportation, 2021-2031F  | 
6.2.6 Latvia Emerging Insulation Materials Market Revenues & Volume, By Appliances, 2021-2031F  | 
6.2.7 Latvia Emerging Insulation Materials Market Revenues & Volume, By Furniture, 2021-2031F  | 
7 Latvia Emerging Insulation Materials Market Import-Export Trade Statistics  | 
7.1 Latvia Emerging Insulation Materials Market Export to Major Countries  | 
7.2 Latvia Emerging Insulation Materials Market Imports from Major Countries  | 
8 Latvia Emerging Insulation Materials Market Key Performance Indicators  | 
8.1 Energy savings potential of insulation materials used in buildings  | 
8.2 Adoption rate of innovative insulation technologies in the construction sector  | 
8.3 Number of energy-efficient buildings certified by relevant authorities  | 
9 Latvia Emerging Insulation Materials Market - Opportunity Assessment  | 
9.1 Latvia Emerging Insulation Materials Market Opportunity Assessment Segmentations, 2021 & 2031F  | 
9.2 Latvia Emerging Insulation Materials Market Opportunity Assessment, By Applications, 2021 & 2031F  | 
10 Latvia Emerging Insulation Materials Market - Competitive Landscape  | 
10.1 Latvia Emerging Insulation Materials Market Revenue Share, By Companies, 2024  | 
10.2 Latvia Emerging Insulation Materials Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 13 Disclaimer  |