Latvia Ethanolamines Market (2025-2031) | Forecast, Value, Revenue, Analysis, Segmentation, Outlook, Companies, Size, Growth, Trends, Industry & Share

Market Forecast By Type (Monoethanolamine (MEA), Diethanolamine (DEA), Triethanolamine (TEA) ), By Application (Herbicides, Surfactants, Chemicals, Gas Treatment, Cement) And Competitive Landscape
Product Code: ETC4705328 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

Latvia Ethanolamines Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s ethanolamines import market in 2024 saw significant contributions from key exporters such as Lithuania, Netherlands, Poland, Turkey, and Germany. Despite a notable decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -22.98%, the growth rate in 2024 alone surged by 65.5%. The market exhibited a high Herfindahl-Hirschman Index (HHI) concentration, indicating a competitive environment dominated by a few major players. These trends suggest a dynamic and evolving landscape for ethanolamines imports in Latvia, with opportunities for further growth and market diversification.

Ethanolamines Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


By 2027, the Ethanolamines market in Latvia is anticipated to reach a growth rate of 1.08%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

Ethanolamines Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Ethanolamines Market Outlook
  • Market Size of Latvia Ethanolamines Market, 2024
  • Forecast of Latvia Ethanolamines Market, 2031
  • Historical Data and Forecast of Latvia Ethanolamines Revenues & Volume for the Period 2021-2031
  • Latvia Ethanolamines Market Trend Evolution
  • Latvia Ethanolamines Market Drivers and Challenges
  • Latvia Ethanolamines Price Trends
  • Latvia Ethanolamines Porter`s Five Forces
  • Latvia Ethanolamines Industry Life Cycle
  • Historical Data and Forecast of Latvia Ethanolamines Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Ethanolamines Market Revenues & Volume By Monoethanolamine (MEA) for the Period 2021-2031
  • Historical Data and Forecast of Latvia Ethanolamines Market Revenues & Volume By Diethanolamine (DEA) for the Period 2021-2031
  • Historical Data and Forecast of Latvia Ethanolamines Market Revenues & Volume By Triethanolamine (TEA) for the Period 2021-2031
  • Historical Data and Forecast of Latvia Ethanolamines Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Ethanolamines Market Revenues & Volume By Herbicides for the Period 2021-2031
  • Historical Data and Forecast of Latvia Ethanolamines Market Revenues & Volume By Surfactants for the Period 2021-2031
  • Historical Data and Forecast of Latvia Ethanolamines Market Revenues & Volume By Chemicals for the Period 2021-2031
  • Historical Data and Forecast of Latvia Ethanolamines Market Revenues & Volume By Gas Treatment for the Period 2021-2031
  • Historical Data and Forecast of Latvia Ethanolamines Market Revenues & Volume By Cement for the Period 2021-2031
  • Latvia Ethanolamines Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Latvia Ethanolamines Top Companies Market Share
  • Latvia Ethanolamines Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Ethanolamines Company Profiles
  • Latvia Ethanolamines Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Ethanolamines Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Ethanolamines Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Ethanolamines Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Ethanolamines Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Ethanolamines Market - Industry Life Cycle

3.4 Latvia Ethanolamines Market - Porter's Five Forces

3.5 Latvia Ethanolamines Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Ethanolamines Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Ethanolamines Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for personal care and cosmetic products, where ethanolamines are used as emulsifiers and pH adjusters.

4.2.2 Growth in the agriculture sector, leading to higher demand for herbicides and pesticides containing ethanolamines.

4.2.3 Rising awareness about the benefits of using ethanolamines in various industrial applications such as surfactants and detergents.

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials used in ethanolamines production may impact the market growth.

4.3.2 Strict regulations and compliance requirements related to the handling and disposal of ethanolamines.

4.3.3 Competition from alternative chemicals that can perform similar functions as ethanolamines.

5 Latvia Ethanolamines Market Trends

6 Latvia Ethanolamines Market Segmentations

6.1 Latvia Ethanolamines Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Ethanolamines Market Revenues & Volume, By Monoethanolamine (MEA), 2021-2031F

6.1.3 Latvia Ethanolamines Market Revenues & Volume, By Diethanolamine (DEA), 2021-2031F

6.1.4 Latvia Ethanolamines Market Revenues & Volume, By Triethanolamine (TEA) ? , 2021-2031F

6.2 Latvia Ethanolamines Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Ethanolamines Market Revenues & Volume, By Herbicides, 2021-2031F

6.2.3 Latvia Ethanolamines Market Revenues & Volume, By Surfactants, 2021-2031F

6.2.4 Latvia Ethanolamines Market Revenues & Volume, By Chemicals, 2021-2031F

6.2.5 Latvia Ethanolamines Market Revenues & Volume, By Gas Treatment, 2021-2031F

6.2.6 Latvia Ethanolamines Market Revenues & Volume, By Cement, 2021-2031F

7 Latvia Ethanolamines Market Import-Export Trade Statistics

7.1 Latvia Ethanolamines Market Export to Major Countries

7.2 Latvia Ethanolamines Market Imports from Major Countries

8 Latvia Ethanolamines Market Key Performance Indicators

8.1 Average selling price (ASP) of ethanolamines in the Latvian market.

8.2 Adoption rate of ethanolamines in emerging applications or industries.

8.3 Rate of innovation in ethanolamines production processes to improve efficiency and sustainability.

9 Latvia Ethanolamines Market - Opportunity Assessment

9.1 Latvia Ethanolamines Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Ethanolamines Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Ethanolamines Market - Competitive Landscape

10.1 Latvia Ethanolamines Market Revenue Share, By Companies, 2024

10.2 Latvia Ethanolamines Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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