| Product Code: ETC4820506 | 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 import of adipic acid in 2024 continued to be dominated by neighboring countries like Lithuania and Estonia, along with key players like Germany, Malaysia, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to pricing power for suppliers. The impressive Compound Annual Growth Rate (CAGR) of 11.26% from 2020 to 2024 showcases sustained demand, with a notable growth spike of 73.45% from 2023 to 2024, suggesting a rapidly expanding market for adipic acid in Latvia.
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 Adipic acid Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Adipic acid Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Adipic acid Market - Industry Life Cycle |
3.4 Latvia Adipic acid Market - Porter's Five Forces |
3.5 Latvia Adipic acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Adipic acid Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
4 Latvia Adipic acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for adipic acid in the production of nylon fibers and resins. |
4.2.2 Growing automotive industry in Latvia leading to higher demand for adipic acid in manufacturing of automotive components. |
4.2.3 Rising investments in research and development for innovation and product development in the adipic acid market. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of adipic acid. |
4.3.2 Stringent environmental regulations and concerns regarding the environmental impact of adipic acid production. |
5 Latvia Adipic acid Market Trends |
6 Latvia Adipic acid Market Segmentations |
6.1 Latvia Adipic acid Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Adipic acid Market Revenues & Volume, By Nylon 6,6 Fiber, 2021-2031F |
6.1.3 Latvia Adipic acid Market Revenues & Volume, By Nylon 6,6 Resin, 2021-2031F |
6.1.4 Latvia Adipic acid Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.5 Latvia Adipic acid Market Revenues & Volume, By Adipate Esters, 2021-2031F |
6.1.6 Latvia Adipic acid Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Adipic acid Market, By Raw Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Adipic acid Market Revenues & Volume, By Cyclohexanol, 2021-2031F |
6.2.3 Latvia Adipic acid Market Revenues & Volume, By Cyclohexanone, 2021-2031F |
7 Latvia Adipic acid Market Import-Export Trade Statistics |
7.1 Latvia Adipic acid Market Export to Major Countries |
7.2 Latvia Adipic acid Market Imports from Major Countries |
8 Latvia Adipic acid Market Key Performance Indicators |
8.1 Percentage of adipic acid used in the production of nylon fibers and resins. |
8.2 Research and development expenditure in the adipic acid market. |
8.3 Compliance rate with environmental regulations in the production of adipic acid. |
9 Latvia Adipic acid Market - Opportunity Assessment |
9.1 Latvia Adipic acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Adipic acid Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
10 Latvia Adipic acid Market - Competitive Landscape |
10.1 Latvia Adipic acid Market Revenue Share, By Companies, 2024 |
10.2 Latvia Adipic acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |