Product Code: ETC5347319 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Latvia Acetic Acid Market is projected to witness mixed growth rate patterns during 2025 to 2029. From 0.72% in 2025, the growth rate steadily ascends to 4.06% in 2029.
The Acetic Acid market in Latvia is projected to grow at a stable growth rate of 0.61% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.
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 Acetic Acid Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Acetic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Acetic Acid Market - Industry Life Cycle |
3.4 Latvia Acetic Acid Market - Porter's Five Forces |
3.5 Latvia Acetic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Acetic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for acetic acid in various industries such as food and beverage, textiles, and pharmaceuticals. |
4.2.2 Growing adoption of acetic acid in the production of vinyl acetate monomer (VAM) and purified terephthalic acid (PTA). |
4.2.3 Favorable government regulations promoting the use of bio-based acetic acid. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like methanol and ethylene, impacting the production cost of acetic acid. |
4.3.2 Environmental concerns related to the production and disposal of acetic acid. |
4.3.3 Intense competition from other organic acids like citric acid and formic acid. |
5 Latvia Acetic Acid Market Trends |
6 Latvia Acetic Acid Market Segmentations |
6.1 Latvia Acetic Acid Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Acetic Acid Market Revenues & Volume, By Vinyl Acetate Monomer, 2021-2031F |
6.1.3 Latvia Acetic Acid Market Revenues & Volume, By Acetic Anhydride, 2021-2031F |
6.1.4 Latvia Acetic Acid Market Revenues & Volume, By Acetate Esters, 2021-2031F |
6.1.5 Latvia Acetic Acid Market Revenues & Volume, By Purified Terephthalic Acid, 2021-2031F |
6.1.6 Latvia Acetic Acid Market Revenues & Volume, By Ethanol, 2021-2031F |
6.1.7 Latvia Acetic Acid Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Acetic Acid Market Import-Export Trade Statistics |
7.1 Latvia Acetic Acid Market Export to Major Countries |
7.2 Latvia Acetic Acid Market Imports from Major Countries |
8 Latvia Acetic Acid Market Key Performance Indicators |
8.1 Capacity utilization rate of acetic acid production facilities in Latvia. |
8.2 Number of new product developments or innovations in the acetic acid market. |
8.3 Adoption rate of bio-based acetic acid in various industries in Latvia. |
9 Latvia Acetic Acid Market - Opportunity Assessment |
9.1 Latvia Acetic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Acetic Acid Market - Competitive Landscape |
10.1 Latvia Acetic Acid Market Revenue Share, By Companies, 2024 |
10.2 Latvia Acetic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |