| Product Code: ETC4711313 | 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`s reclaimed rubber import market saw strong growth in 2024, with top exporting countries like Germany, Poland, UK, Denmark, and Estonia leading the way. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 5.54% from 2020 to 2024 highlights sustained expansion. Notably, the growth rate spiked to 7.78% from 2023 to 2024, showcasing the increasing demand for reclaimed rubber in Latvia. This data underscores the importance of monitoring market trends and dynamics for businesses operating in this sector.
In the Europe region, the Reclaimed Rubber market in Latvia is projected to expand at a stable growth rate of 0.61% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Reclaimed Rubber Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Reclaimed Rubber Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Reclaimed Rubber Market - Industry Life Cycle |
3.4 Latvia Reclaimed Rubber Market - Porter's Five Forces |
3.5 Latvia Reclaimed Rubber Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Reclaimed Rubber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Reclaimed Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental concerns and focus on sustainability driving demand for reclaimed rubber as a greener alternative. |
4.2.2 Growing automotive industry in Latvia leading to higher demand for reclaimed rubber in tire manufacturing. |
4.2.3 Rising prices of natural rubber making reclaimed rubber a cost-effective option for various industries. |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality scrap rubber impacting the quality of reclaimed rubber produced. |
4.3.2 Lack of awareness and education among end-users about the benefits and applications of reclaimed rubber. |
4.3.3 Fluctuating prices of raw materials affecting the production cost and pricing of reclaimed rubber. |
5 Latvia Reclaimed Rubber Market Trends |
6 Latvia Reclaimed Rubber Market Segmentations |
6.1 Latvia Reclaimed Rubber Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Reclaimed Rubber Market Revenues & Volume, By Whole Tire Reclaim (WTR), 2021-2031F |
6.1.3 Latvia Reclaimed Rubber Market Revenues & Volume, By Butyl Reclaim, 2021-2031F |
6.1.4 Latvia Reclaimed Rubber Market Revenues & Volume, By EPDM, 2021-2031F |
6.1.5 Latvia Reclaimed Rubber Market Revenues & Volume, By Drab & Colored, 2021-2031F |
6.1.6 Latvia Reclaimed Rubber Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Reclaimed Rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Reclaimed Rubber Market Revenues & Volume, By Automotive & Aircraft Tires, 2021-2031F |
6.2.3 Latvia Reclaimed Rubber Market Revenues & Volume, By Cycle Tires, 2021-2031F |
6.2.4 Latvia Reclaimed Rubber Market Revenues & Volume, By Retreading, 2021-2031F |
6.2.5 Latvia Reclaimed Rubber Market Revenues & Volume, By Belts & Hoses, 2021-2031F |
6.2.6 Latvia Reclaimed Rubber Market Revenues & Volume, By Footwear, 2021-2031F |
6.2.7 Latvia Reclaimed Rubber Market Revenues & Volume, By Molded Goods, 2021-2031F |
7 Latvia Reclaimed Rubber Market Import-Export Trade Statistics |
7.1 Latvia Reclaimed Rubber Market Export to Major Countries |
7.2 Latvia Reclaimed Rubber Market Imports from Major Countries |
8 Latvia Reclaimed Rubber Market Key Performance Indicators |
8.1 Percentage of waste rubber recycled annually in Latvia. |
8.2 Number of partnerships between reclaimed rubber manufacturers and automotive companies. |
8.3 Average percentage of cost savings achieved by industries using reclaimed rubber compared to natural rubber. |
9 Latvia Reclaimed Rubber Market - Opportunity Assessment |
9.1 Latvia Reclaimed Rubber Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Reclaimed Rubber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Reclaimed Rubber Market - Competitive Landscape |
10.1 Latvia Reclaimed Rubber Market Revenue Share, By Companies, 2024 |
10.2 Latvia Reclaimed Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |