| Product Code: ETC7915543 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a significant decrease in growth rate from 2023 to 2024, Latvia continued to import microcellular plastics primarily from neighboring countries such as Lithuania, Sweden, Estonia, Poland, and Germany in 2024. The high concentration level, as indicated by the Herfindahl-Hirschman Index (HHI), suggests a relatively consolidated market for these imports. With a steady compound annual growth rate (CAGR) of 4.04% over the period of 2020-2024, the Latvian market for microcellular plastics remains stable and reliant on key trading partners within the region.

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 Microcellular Plastics Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Microcellular Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Microcellular Plastics Market - Industry Life Cycle |
3.4 Latvia Microcellular Plastics Market - Porter's Five Forces |
3.6 Latvia Microcellular Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Microcellular Plastics Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Microcellular Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and aerospace industries |
4.2.2 Growing focus on energy efficiency and sustainability in manufacturing processes |
4.2.3 Technological advancements leading to improved properties of microcellular plastics |
4.3 Market Restraints |
4.3.1 High initial setup costs for manufacturing microcellular plastics |
4.3.2 Limited awareness and adoption of microcellular plastics in certain industries |
4.3.3 Challenges related to consistent quality control and production scalability |
5 Latvia Microcellular Plastics Market Trends |
6.1.3 Latvia Microcellular Plastics Market Revenues & Volume, By Type, 2021- 2031F |
6.1.4 Latvia Microcellular Plastics Market Revenues & Volume, By Polyvinyl Chloride, 2021- 2031F |
6.1.5 Latvia Microcellular Plastics Market Revenues & Volume, By Polystyrene, 2021- 2031F |
6.1.6 Latvia Microcellular Plastics Market Revenues & Volume, By Polycarbonate, 2021- 2031F |
6.1.7 Latvia Microcellular Plastics Market Revenues & Volume, By Polyethylene Terephthalate, 2021- 2031F |
6.1.8 Latvia Microcellular Plastics Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Latvia Microcellular Plastics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Microcellular Plastics Market Revenues & Volume, By Aircraft, 2021- 2031F |
6.2.3 Latvia Microcellular Plastics Market Revenues & Volume, By Toys, 2021- 2031F |
6.2.4 Latvia Microcellular Plastics Market Revenues & Volume, By Home Decoration, 2021- 2031F |
6.2.5 Latvia Microcellular Plastics Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Microcellular Plastics Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Microcellular Plastics Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.3 Latvia Microcellular Plastics Market Revenues & Volume, By Construction, 2021- 2031F |
6.3.4 Latvia Microcellular Plastics Market Revenues & Volume, By Food Packaging, 2021- 2031F |
6.3.5 Latvia Microcellular Plastics Market Revenues & Volume, By Transportation, 2021- 2031F |
6.3.6 Latvia Microcellular Plastics Market Revenues & Volume, By Electronics, 2021- 2031F |
6.3.7 Latvia Microcellular Plastics Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Microcellular Plastics Market Import-Export Trade Statistics |
7.1 Latvia Microcellular Plastics Market Export to Major Countries |
7.2 Latvia Microcellular Plastics Market Imports from Major Countries |
8 Latvia Microcellular Plastics Market Key Performance Indicators |
8.1 Average cell size and distribution in microcellular plastics products |
8.2 Energy efficiency improvements achieved through the use of microcellular plastics |
8.3 Percentage of RD budget allocated to developing new microcellular plastics formulations |
9 Latvia Microcellular Plastics Market - Opportunity Assessment |
9.2 Latvia Microcellular Plastics Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Microcellular Plastics Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Microcellular Plastics Market - Competitive Landscape |
10.1 Latvia Microcellular Plastics Market Revenue Share, By Companies, 2024 |
10.2 Latvia Microcellular Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |