Latvia Adhesive Market (2025-2031) | Drivers, Challenges, Companies, Outlook, Revenue, Trends, Segmentation, Share, Analysis, Consumer Insights, Investment Trends, Size, Strategic Insights, Segments, Pricing Analysis, Competition, Industry, Opportunities, Supply, Growth, Restraints, Competitive, Forecast, Demand, Strategy, Value

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

Market Forecast By End User (Aerospace, Automotive, Building and Construction, Healthcare, Packaging), By Technology (Hot Melt, Reactive, Solvent-borne, UV Cured Adhesives, Water-borne), By Resin Type (Acrylic, Cyanoacrylate, Epoxy, Polyurethane, Silicone, VAE/EVA) And Competitive Landscape

Product Code: ETC11263477	Publication Date: Apr 2025	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Bhawna Singh	No. of Pages: 65	No. of Figures: 34	No. of Tables: 19

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

In 2024, Latvia continued to witness steady growth in adhesive import shipments, with top exporters being Lithuania, Estonia, Germany, Metropolitan France, and Netherlands. The market showed low concentration according to the Herfindahl-Hirschman Index (HHI). Despite a slight increase in the compound annual growth rate (CAGR) from 2020 to 2024 at 0.64%, there was a decline in the growth rate from 2023 to 2024 by -8.04%. This indicates a challenging year for adhesive imports in Latvia, emphasizing the need for strategic adjustments in the market.

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

Key Highlights of the Report:

Latvia Adhesive Market Outlook
Market Size of Latvia Adhesive Market, 2024
Forecast of Latvia Adhesive Market, 2031
Historical Data and Forecast of Latvia Adhesive Revenues & Volume for the Period 2021-2031
Latvia Adhesive Market Trend Evolution
Latvia Adhesive Market Drivers and Challenges
Latvia Adhesive Price Trends
Latvia Adhesive Porter's Five Forces
Latvia Adhesive Industry Life Cycle
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By End User for the Period 2021-2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Aerospace for the Period 2021-2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Automotive for the Period 2021-2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Building and Construction for the Period 2021-2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Healthcare for the Period 2021-2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Packaging for the Period 2021 - 2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Technology for the Period 2021-2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Hot Melt for the Period 2021-2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Reactive for the Period 2021-2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Solvent-borne for the Period 2021-2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By UV Cured Adhesives for the Period 2021-2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Water-borne for the Period 2021 - 2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Resin Type for the Period 2021-2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Acrylic for the Period 2021-2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Cyanoacrylate for the Period 2021-2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Epoxy for the Period 2021-2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Polyurethane for the Period 2021-2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By Silicone for the Period 2021 - 2031
Historical Data and Forecast of Latvia Adhesive Market Revenues & Volume By VAE/EVA for the Period 2021 - 2031
Latvia Adhesive Import Export Trade Statistics
Market Opportunity Assessment By End User
Market Opportunity Assessment By Technology
Market Opportunity Assessment By Resin Type
Latvia Adhesive Top Companies Market Share
Latvia Adhesive Competitive Benchmarking By Technical and Operational Parameters
Latvia Adhesive Company Profiles
Latvia Adhesive 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 Adhesive Market Overview

3.1 Latvia Country Macro Economic Indicators

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

3.3 Latvia Adhesive Market - Industry Life Cycle

3.4 Latvia Adhesive Market - Porter's Five Forces

3.5 Latvia Adhesive Market Revenues & Volume Share, By End User, 2021 & 2031F

3.6 Latvia Adhesive Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.7 Latvia Adhesive Market Revenues & Volume Share, By Resin Type, 2021 & 2031F

4 Latvia Adhesive Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for eco-friendly and sustainable adhesive products

4.2.2 Growing construction and automotive industries in Latvia

4.2.3 Advancements in technology leading to the development of innovative adhesive solutions

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting production costs

4.3.2 Stringent regulations regarding the use of certain chemicals in adhesives

4.3.3 Competition from substitute products such as mechanical fasteners

5 Latvia Adhesive Market Trends

6 Latvia Adhesive Market, By Types

6.1 Latvia Adhesive Market, By End User

6.1.1 Overview and Analysis

6.1.2 Latvia Adhesive Market Revenues & Volume, By End User, 2021 - 2031F

6.1.3 Latvia Adhesive Market Revenues & Volume, By Aerospace, 2021 - 2031F

6.1.4 Latvia Adhesive Market Revenues & Volume, By Automotive, 2021 - 2031F

6.1.5 Latvia Adhesive Market Revenues & Volume, By Building and Construction, 2021 - 2031F

6.1.6 Latvia Adhesive Market Revenues & Volume, By Healthcare, 2021 - 2031F

6.1.7 Latvia Adhesive Market Revenues & Volume, By Packaging, 2021 - 2031F

6.2 Latvia Adhesive Market, By Technology

6.2.1 Overview and Analysis

6.2.2 Latvia Adhesive Market Revenues & Volume, By Hot Melt, 2021 - 2031F

6.2.3 Latvia Adhesive Market Revenues & Volume, By Reactive, 2021 - 2031F

6.2.4 Latvia Adhesive Market Revenues & Volume, By Solvent-borne, 2021 - 2031F

6.2.5 Latvia Adhesive Market Revenues & Volume, By UV Cured Adhesives, 2021 - 2031F

6.2.6 Latvia Adhesive Market Revenues & Volume, By Water-borne, 2021 - 2031F

6.3 Latvia Adhesive Market, By Resin Type

6.3.1 Overview and Analysis

6.3.2 Latvia Adhesive Market Revenues & Volume, By Acrylic, 2021 - 2031F

6.3.3 Latvia Adhesive Market Revenues & Volume, By Cyanoacrylate, 2021 - 2031F

6.3.4 Latvia Adhesive Market Revenues & Volume, By Epoxy, 2021 - 2031F

6.3.5 Latvia Adhesive Market Revenues & Volume, By Polyurethane, 2021 - 2031F

6.3.6 Latvia Adhesive Market Revenues & Volume, By Silicone, 2021 - 2031F

6.3.7 Latvia Adhesive Market Revenues & Volume, By VAE/EVA, 2021 - 2029F

7 Latvia Adhesive Market Import-Export Trade Statistics

7.1 Latvia Adhesive Market Export to Major Countries

7.2 Latvia Adhesive Market Imports from Major Countries

8 Latvia Adhesive Market Key Performance Indicators

8.1 Research and development investment in new adhesive technologies

8.2 Adoption rate of eco-friendly adhesive solutions in the market

8.3 Number of partnerships and collaborations with key industries for product development

8.4 Customer satisfaction and retention rates for adhesive products

8.5 Rate of successful new product launches in the market

9 Latvia Adhesive Market - Opportunity Assessment

9.1 Latvia Adhesive Market Opportunity Assessment, By End User, 2021 & 2031F

9.2 Latvia Adhesive Market Opportunity Assessment, By Technology, 2021 & 2031F

9.3 Latvia Adhesive Market Opportunity Assessment, By Resin Type, 2021 & 2031F

10 Latvia Adhesive Market - Competitive Landscape

10.1 Latvia Adhesive Market Revenue Share, By Companies, 2024

10.2 Latvia Adhesive 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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