| Product Code: ETC7919185 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Latvia polyoxymethylene (POM) homopolymer import market continues to show high concentration levels, with a notable increase in concentration in 2024 compared to the previous year. Despite a negative compound annual growth rate (CAGR) over the period of 2020-2024, the growth rate from 2023 to 2024 witnessed a significant decline. Top exporting countries such as Belgium, China, Norway, Poland, and Taiwan, Province of China play a crucial role in supplying POM homopolymer to Latvia. The dynamics of this market reflect shifting trends and challenges that importers need to navigate effectively.

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 Polyoxymethylene (POM) Homopolymer Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyoxymethylene (POM) Homopolymer Market - Industry Life Cycle |
3.4 Latvia Polyoxymethylene (POM) Homopolymer Market - Porter's Five Forces |
3.5 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume Share, By Grades, 2021 & 2031F |
3.7 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
4 Latvia Polyoxymethylene (POM) Homopolymer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance materials in automotive and industrial applications |
4.2.2 Growing focus on sustainable and eco-friendly plastics |
4.2.3 Technological advancements leading to improved properties and performance of polyoxymethylene (POM) homopolymer |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as formaldehyde and acetaldehyde |
4.3.2 Intense competition from other engineering plastics like polyethylene and polypropylene |
4.3.3 Stringent regulations related to plastic waste management and recycling |
5 Latvia Polyoxymethylene (POM) Homopolymer Market Trends |
6 Latvia Polyoxymethylene (POM) Homopolymer Market, By Types |
6.1 Latvia Polyoxymethylene (POM) Homopolymer Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Sheets, 2021- 2031F |
6.1.4 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Rods, 2021- 2031F |
6.1.5 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Tubes, 2021- 2031F |
6.2 Latvia Polyoxymethylene (POM) Homopolymer Market, By Grades |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Standard, 2021- 2031F |
6.2.3 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Reinforced, 2021- 2031F |
6.2.4 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Impact Modified, 2021- 2031F |
6.2.5 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Recycled, 2021- 2031F |
6.2.6 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Special Grade, 2021- 2031F |
6.3 Latvia Polyoxymethylene (POM) Homopolymer Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Gears, 2021- 2031F |
6.3.3 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Engineering Parts, 2021- 2031F |
6.3.4 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Medical Delivery Devices, 2021- 2031F |
6.4 Latvia Polyoxymethylene (POM) Homopolymer Market, By End User Industry |
6.4.1 Overview and Analysis |
6.4.2 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Transportation, 2021- 2031F |
6.4.3 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Medical, 2021- 2031F |
6.4.4 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Food Packaging, 2021- 2031F |
6.4.5 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.4.6 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Appliances, 2021- 2031F |
6.4.7 Latvia Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Polyoxymethylene (POM) Homopolymer Market Import-Export Trade Statistics |
7.1 Latvia Polyoxymethylene (POM) Homopolymer Market Export to Major Countries |
7.2 Latvia Polyoxymethylene (POM) Homopolymer Market Imports from Major Countries |
8 Latvia Polyoxymethylene (POM) Homopolymer Market Key Performance Indicators |
8.1 Percentage of market penetration in key industries (automotive, electronics, consumer goods) |
8.2 Rate of adoption of sustainable practices in the production and usage of POM homopolymer |
8.3 Number of patents filed for innovations in POM homopolymer technology and applications |
9 Latvia Polyoxymethylene (POM) Homopolymer Market - Opportunity Assessment |
9.1 Latvia Polyoxymethylene (POM) Homopolymer Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Polyoxymethylene (POM) Homopolymer Market Opportunity Assessment, By Grades, 2021 & 2031F |
9.3 Latvia Polyoxymethylene (POM) Homopolymer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Polyoxymethylene (POM) Homopolymer Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
10 Latvia Polyoxymethylene (POM) Homopolymer Market - Competitive Landscape |
10.1 Latvia Polyoxymethylene (POM) Homopolymer Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyoxymethylene (POM) Homopolymer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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