Latvia Acrylate Market (2025-2031) | Share, Analysis, Value, Companies, Forecast, Industry, Size, Segmentation, Trends, Growth, Revenue & Outlook

Name: Latvia Acrylate Market (2025-2031) | Companies & Share
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Acrylate Market, Latvia Acrylate Market, Latvia Acrylate Market Revenues, Latvia Acrylate Market Share, Latvia Acrylate Market Size, Latvia Acrylate Market Outlook, Latvia Acrylate Market Report, Latvia Acrylate Market Competition, Latvia Acrylate Market Overview, Latvia Acrylate Market Trends, Latvia Acrylate Market Forecast

Market Forecast By Chemistry (Butyl Acrylate, Ethyl Acrylate, Methyl Acrylate), By Application (Paints & Coatings, Adhesives, Fabrics), By End Use Industry (Packaging, Consumer Goods, Building & Construction, Automotive) And Competitive Landscape

Product Code: ETC5653998	Publication Date: Nov 2023	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Latvia Acrylate Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s acrylate import market in 2024 continued to see significant concentration, with top exporting countries being Netherlands, Germany, Belgium, Metropolitan France, and China. The high concentration is reflected in the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 26.25%, indicating a robust market expansion. Additionally, the growth rate from 2023 to 2024 stood at 4.12%, suggesting sustained momentum in import shipments of acrylate to Latvia. This data points to a dynamic and competitive landscape in the Latvian acrylate import market.

Latvia Acrylate Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Acrylate Market Outlook
Market Size of Latvia Acrylate Market, 2024
Forecast of Latvia Acrylate Market, 2031
Historical Data and Forecast of Latvia Acrylate Revenues & Volume for the Period 2021-2031
Latvia Acrylate Market Trend Evolution
Latvia Acrylate Market Drivers and Challenges
Latvia Acrylate Price Trends
Latvia Acrylate Porter`s Five Forces
Latvia Acrylate Industry Life Cycle
Historical Data and Forecast of Latvia Acrylate Market Revenues & Volume By Chemistry for the Period 2021-2031
Historical Data and Forecast of Latvia Acrylate Market Revenues & Volume By Butyl Acrylate for the Period 2021-2031
Historical Data and Forecast of Latvia Acrylate Market Revenues & Volume By Ethyl Acrylate for the Period 2021-2031
Historical Data and Forecast of Latvia Acrylate Market Revenues & Volume By Methyl Acrylate for the Period 2021-2031
Historical Data and Forecast of Latvia Acrylate Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Latvia Acrylate Market Revenues & Volume By Paints & Coatings for the Period 2021-2031
Historical Data and Forecast of Latvia Acrylate Market Revenues & Volume By Adhesives for the Period 2021-2031
Historical Data and Forecast of Latvia Acrylate Market Revenues & Volume By Fabrics for the Period 2021-2031
Historical Data and Forecast of Latvia Acrylate Market Revenues & Volume By End Use Industry for the Period 2021-2031
Historical Data and Forecast of Latvia Acrylate Market Revenues & Volume By Packaging for the Period 2021-2031
Historical Data and Forecast of Latvia Acrylate Market Revenues & Volume By Consumer Goods for the Period 2021-2031
Historical Data and Forecast of Latvia Acrylate Market Revenues & Volume By Building & Construction for the Period 2021-2031
Historical Data and Forecast of Latvia Acrylate Market Revenues & Volume By Automotive for the Period 2021-2031
Latvia Acrylate Import Export Trade Statistics
Market Opportunity Assessment By Chemistry
Market Opportunity Assessment By Application
Market Opportunity Assessment By End Use Industry
Latvia Acrylate Top Companies Market Share
Latvia Acrylate Competitive Benchmarking By Technical and Operational Parameters
Latvia Acrylate Company Profiles
Latvia Acrylate Key Strategic Recommendations

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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 Acrylate Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Acrylate Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Acrylate Market - Industry Life Cycle

3.4 Latvia Acrylate Market - Porter's Five Forces

3.5 Latvia Acrylate Market Revenues & Volume Share, By Chemistry, 2021 & 2031F

3.6 Latvia Acrylate Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Latvia Acrylate Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F

4 Latvia Acrylate Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for eco-friendly products and sustainability initiatives driving the adoption of acrylics in various industries.

4.2.2 Growing construction activities and infrastructure development in Latvia boosting the demand for acrylates for paints, coatings, and adhesives.

4.2.3 Rising disposable income and changing lifestyle preferences leading to higher consumption of consumer goods and electronics, which use acrylates in manufacturing.

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting the production costs of acrylates.

4.3.2 Stringent regulations and environmental concerns regarding the use of certain types of acrylates hindering market growth.

4.3.3 Intense competition from alternative materials and substitutes affecting the market share of acrylates.

5 Latvia Acrylate Market Trends

6 Latvia Acrylate Market Segmentations

6.1 Latvia Acrylate Market, By Chemistry

6.1.1 Overview and Analysis

6.1.2 Latvia Acrylate Market Revenues & Volume, By Butyl Acrylate, 2021-2031F

6.1.3 Latvia Acrylate Market Revenues & Volume, By Ethyl Acrylate, 2021-2031F

6.1.4 Latvia Acrylate Market Revenues & Volume, By Methyl Acrylate, 2021-2031F

6.2 Latvia Acrylate Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Acrylate Market Revenues & Volume, By Paints & Coatings, 2021-2031F

6.2.3 Latvia Acrylate Market Revenues & Volume, By Adhesives, 2021-2031F

6.2.4 Latvia Acrylate Market Revenues & Volume, By Fabrics, 2021-2031F

6.3 Latvia Acrylate Market, By End Use Industry

6.3.1 Overview and Analysis

6.3.2 Latvia Acrylate Market Revenues & Volume, By Packaging, 2021-2031F

6.3.3 Latvia Acrylate Market Revenues & Volume, By Consumer Goods, 2021-2031F

6.3.4 Latvia Acrylate Market Revenues & Volume, By Building & Construction, 2021-2031F

6.3.5 Latvia Acrylate Market Revenues & Volume, By Automotive, 2021-2031F

7 Latvia Acrylate Market Import-Export Trade Statistics

7.1 Latvia Acrylate Market Export to Major Countries

7.2 Latvia Acrylate Market Imports from Major Countries

8 Latvia Acrylate Market Key Performance Indicators

8.1 Average selling price of acrylates in the Latvia market.

8.2 Rate of adoption of eco-friendly acrylic products by industries in Latvia.

8.3 Percentage of acrylate usage in construction projects compared to other materials.

8.4 Research and development investment in new acrylate formulations to cater to changing market demands.

8.5 Recycling rate of acrylate-based products and waste management practices in the Latvian market.

9 Latvia Acrylate Market - Opportunity Assessment

9.1 Latvia Acrylate Market Opportunity Assessment, By Chemistry, 2021 & 2031F

9.2 Latvia Acrylate Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Latvia Acrylate Market Opportunity Assessment, By End Use Industry, 2021 & 2031F

10 Latvia Acrylate Market - Competitive Landscape

10.1 Latvia Acrylate Market Revenue Share, By Companies, 2024

10.2 Latvia Acrylate Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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