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

Market Forecast By Application (Nylon 6,6 Fiber, Nylon 6,6 Resin, Polyurethane, Adipate Esters, Others), By Raw Material (Cyclohexanol, Cyclohexanone) And Competitive Landscape
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 Adipic Acid Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Latvia Export Potential Assessment For Adipic Acid Market (Values in USD Thousand)


Latvia Export Potential Assessment For Adipic Acid Market (Values in USD Thousand)

Key Highlights of the Report:

  • Latvia Adipic acid Market Outlook
  • Market Size of Latvia Adipic acid Market, 2024
  • Forecast of Latvia Adipic acid Market, 2031
  • Historical Data and Forecast of Latvia Adipic acid Revenues & Volume for the Period 2021-2031
  • Latvia Adipic acid Market Trend Evolution
  • Latvia Adipic acid Market Drivers and Challenges
  • Latvia Adipic acid Price Trends
  • Latvia Adipic acid Porter`s Five Forces
  • Latvia Adipic acid Industry Life Cycle
  • Historical Data and Forecast of Latvia Adipic acid Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Adipic acid Market Revenues & Volume By Nylon 6,6 Fiber for the Period 2021-2031
  • Historical Data and Forecast of Latvia Adipic acid Market Revenues & Volume By Nylon 6,6 Resin for the Period 2021-2031
  • Historical Data and Forecast of Latvia Adipic acid Market Revenues & Volume By Polyurethane for the Period 2021-2031
  • Historical Data and Forecast of Latvia Adipic acid Market Revenues & Volume By Adipate Esters for the Period 2021-2031
  • Historical Data and Forecast of Latvia Adipic acid Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Adipic acid Market Revenues & Volume By Raw Material for the Period 2021-2031
  • Historical Data and Forecast of Latvia Adipic acid Market Revenues & Volume By Cyclohexanol for the Period 2021-2031
  • Historical Data and Forecast of Latvia Adipic acid Market Revenues & Volume By Cyclohexanone for the Period 2021-2031
  • Latvia Adipic acid Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Raw Material
  • Latvia Adipic acid Top Companies Market Share
  • Latvia Adipic acid Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Adipic acid Company Profiles
  • Latvia Adipic acid Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Adipic acid Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Adipic acid Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 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

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