| Product Code: ETC5255549 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to witness a strong growth trajectory in cellulose derivative imports, with key suppliers such as Germany, South Korea, and Poland dominating the market. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. With a notable Compound Annual Growth Rate (CAGR) of 9.6% from 2020 to 2024 and a steady growth rate of 4.4% in the past year, the cellulose derivative import sector in Latvia is poised for sustained expansion, offering opportunities for market players to capitalize on this growth trend.

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 Cellulose Derivative Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cellulose Derivative Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cellulose Derivative Market - Industry Life Cycle |
3.4 Latvia Cellulose Derivative Market - Porter's Five Forces |
3.5 Latvia Cellulose Derivative Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Cellulose Derivative Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Cellulose Derivative Market Revenues & Volume Share, By Grades, 2021 & 2031F |
4 Latvia Cellulose Derivative Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable products in various industries, leading to a rise in the use of cellulose derivatives. |
4.2.2 Growing research and development activities for new applications of cellulose derivatives in pharmaceuticals, food, and personal care products. |
4.2.3 Favorable government regulations promoting the use of bio-based materials, including cellulose derivatives. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, such as wood pulp, impacting the production costs of cellulose derivatives. |
4.3.2 Intense competition in the market leading to pricing pressures and margin erosion. |
4.3.3 Challenges in scaling up production capacity to meet increasing demand for cellulose derivatives. |
5 Latvia Cellulose Derivative Market Trends |
6 Latvia Cellulose Derivative Market Segmentations |
6.1 Latvia Cellulose Derivative Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cellulose Derivative Market Revenues & Volume, By Methyl Cellulose (MC), 2021-2031F |
6.1.3 Latvia Cellulose Derivative Market Revenues & Volume, By Hydroxypropyl Methylcellulose (HPMC), 2021-2031F |
6.1.4 Latvia Cellulose Derivative Market Revenues & Volume, By Ethyl Cellulose (EC), 2021-2031F |
6.1.5 Latvia Cellulose Derivative Market Revenues & Volume, By Hydroxymethyl Methylcellulose (HMC), 2021-2031F |
6.1.6 Latvia Cellulose Derivative Market Revenues & Volume, By Hydroxyethyl Cellulose (HEC), 2021-2031F |
6.1.7 Latvia Cellulose Derivative Market Revenues & Volume, By Carboxymethyl Cellulose (CMC), 2021-2031F |
6.2 Latvia Cellulose Derivative Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cellulose Derivative Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 Latvia Cellulose Derivative Market Revenues & Volume, By Drilling Fluids, 2021-2031F |
6.2.4 Latvia Cellulose Derivative Market Revenues & Volume, By Wall coatings, 2021-2031F |
6.2.5 Latvia Cellulose Derivative Market Revenues & Volume, By Construction, 2021-2031F |
6.2.6 Latvia Cellulose Derivative Market Revenues & Volume, By Foods & Beverages, 2021-2031F |
6.2.7 Latvia Cellulose Derivative Market Revenues & Volume, By Mining, 2021-2031F |
6.2.8 Latvia Cellulose Derivative Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.9 Latvia Cellulose Derivative Market Revenues & Volume, By Personal Care, 2021-2031F |
6.3 Latvia Cellulose Derivative Market, By Grades |
6.3.1 Overview and Analysis |
6.3.2 Latvia Cellulose Derivative Market Revenues & Volume, By Industrial grade, 2021-2031F |
6.3.3 Latvia Cellulose Derivative Market Revenues & Volume, By Food grade, 2021-2031F |
6.3.4 Latvia Cellulose Derivative Market Revenues & Volume, By Pharmaceutical grade, 2021-2031F |
7 Latvia Cellulose Derivative Market Import-Export Trade Statistics |
7.1 Latvia Cellulose Derivative Market Export to Major Countries |
7.2 Latvia Cellulose Derivative Market Imports from Major Countries |
8 Latvia Cellulose Derivative Market Key Performance Indicators |
8.1 Research and development expenditure dedicated to cellulose derivative innovations. |
8.2 Percentage of market share within specific application sectors (e.g., pharmaceuticals, food, personal care). |
8.3 Number of new product launches using cellulose derivatives. |
8.4 Environmental sustainability metrics related to the production processes of cellulose derivatives. |
8.5 Customer satisfaction and retention rates for cellulose derivative products. |
9 Latvia Cellulose Derivative Market - Opportunity Assessment |
9.1 Latvia Cellulose Derivative Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Cellulose Derivative Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Cellulose Derivative Market Opportunity Assessment, By Grades, 2021 & 2031F |
10 Latvia Cellulose Derivative Market - Competitive Landscape |
10.1 Latvia Cellulose Derivative Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cellulose Derivative Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |