| Product Code: ETC4816250 | 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 | |
In 2024, Latvia continued to witness a significant influx of acetone imports, with top exporting countries including Finland, Poland, Netherlands, Estonia, and Lithuania. The Herfindahl-Hirschman Index (HHI) indicated a high concentration of imports, suggesting a dominant market presence by key suppliers. The impressive compound annual growth rate (CAGR) of 26.87% from 2020 to 2024 highlights the expanding demand for acetone in Latvia. Moreover, the remarkable growth rate of 61.68% in 2024 signifies a surge in import volumes, reflecting a thriving market for acetone in the country.
By 2027, the Acetone market in Latvia is anticipated to reach a growth rate of 0.90%, 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.

| 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 Acetone Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Acetone Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Acetone Market - Industry Life Cycle | 
| 3.4 Latvia Acetone Market - Porter's Five Forces | 
| 3.5 Latvia Acetone Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 3.6 Latvia Acetone Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F | 
| 3.7 Latvia Acetone Market Revenues & Volume Share, By Grade, 2021 & 2031F | 
| 4 Latvia Acetone Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Growing demand for acetone-based products in industries such as pharmaceuticals, chemicals, and plastics. | 
| 4.2.2 Increasing investments in research and development for the production of bio-based acetone. | 
| 4.2.3 Favorable government regulations supporting the use of acetone in various applications. | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuating prices of raw materials used in acetone production. | 
| 4.3.2 Environmental concerns related to the production and disposal of acetone. | 
| 4.3.3 Competition from alternative solvents and chemicals in the market. | 
| 5 Latvia Acetone Market Trends | 
| 6 Latvia Acetone Market Segmentations | 
| 6.1 Latvia Acetone Market, By Application | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Acetone Market Revenues & Volume, By Methyl Methacrylate (MMA), 2021-2031F | 
| 6.1.3 Latvia Acetone Market Revenues & Volume, By Bisphenol A (BPA), 2021-2031F | 
| 6.1.4 Latvia Acetone Market Revenues & Volume, By Solvents, 2021-2031F | 
| 6.1.5 Latvia Acetone Market Revenues & Volume, By Others, 2021-2031F | 
| 6.2 Latvia Acetone Market, By Distribution Channel | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Acetone Market Revenues & Volume, By Manufacturer to Distributor, 2021-2031F | 
| 6.2.3 Latvia Acetone Market Revenues & Volume, By Manufacturer to End-User, 2021-2031F | 
| 6.3 Latvia Acetone Market, By Grade | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Acetone Market Revenues & Volume, By Specialty Grade, 2021-2031F | 
| 6.3.3 Latvia Acetone Market Revenues & Volume, By Technical Grade, 2021-2031F | 
| 7 Latvia Acetone Market Import-Export Trade Statistics | 
| 7.1 Latvia Acetone Market Export to Major Countries | 
| 7.2 Latvia Acetone Market Imports from Major Countries | 
| 8 Latvia Acetone Market Key Performance Indicators | 
| 8.1 Percentage of acetone production sourced from sustainable and renewable feedstocks. | 
| 8.2 Number of patents filed for innovative acetone production methods. | 
| 8.3 Rate of adoption of acetone substitutes in key industries. | 
| 9 Latvia Acetone Market - Opportunity Assessment | 
| 9.1 Latvia Acetone Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 9.2 Latvia Acetone Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F | 
| 9.3 Latvia Acetone Market Opportunity Assessment, By Grade, 2021 & 2031F | 
| 10 Latvia Acetone Market - Competitive Landscape | 
| 10.1 Latvia Acetone Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Acetone Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |