| Product Code: ETC4860672 | 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 rely heavily on aluminum hydroxide imports, with significant shipments coming from top exporters such as the Netherlands, Greece, Finland, Germany, and Estonia. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 remained strong at 6.6%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges and opportunities for stakeholders in the industry.
In the Europe region, the Aluminum Hydroxide market in Latvia is projected to expand at a stable growth rate of 1.40% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Aluminum Hydroxide Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Aluminum Hydroxide Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Aluminum Hydroxide Market - Industry Life Cycle |
3.4 Latvia Aluminum Hydroxide Market - Porter's Five Forces |
3.5 Latvia Aluminum Hydroxide Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Aluminum Hydroxide Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Latvia Aluminum Hydroxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for aluminum hydroxide in the pharmaceutical industry for antacid and ulcer medications |
4.2.2 Growing use of aluminum hydroxide as a flame retardant in the construction and automotive sectors |
4.2.3 Rising adoption of aluminum hydroxide as a filler in the production of plastics and rubber |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of aluminum hydroxide |
4.3.2 Stringent regulations on the environmental impact of aluminum hydroxide production |
4.3.3 Competition from alternative materials with similar properties to aluminum hydroxide |
5 Latvia Aluminum Hydroxide Market Trends |
6 Latvia Aluminum Hydroxide Market Segmentations |
6.1 Latvia Aluminum Hydroxide Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Aluminum Hydroxide Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.1.3 Latvia Aluminum Hydroxide Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.1.4 Latvia Aluminum Hydroxide Market Revenues & Volume, By Other Product Types, 2021-2031F |
6.2 Latvia Aluminum Hydroxide Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Aluminum Hydroxide Market Revenues & Volume, By Plastics, 2021-2031F |
6.2.3 Latvia Aluminum Hydroxide Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Latvia Aluminum Hydroxide Market Revenues & Volume, By Coatings, Adhesives, Sealants & Elastomers, 2021-2031F |
6.2.5 Latvia Aluminum Hydroxide Market Revenues & Volume, By Other End-user Industries, 2021-2031F |
7 Latvia Aluminum Hydroxide Market Import-Export Trade Statistics |
7.1 Latvia Aluminum Hydroxide Market Export to Major Countries |
7.2 Latvia Aluminum Hydroxide Market Imports from Major Countries |
8 Latvia Aluminum Hydroxide Market Key Performance Indicators |
8.1 Average selling price of aluminum hydroxide |
8.2 Percentage of market share held by key aluminum hydroxide manufacturers in Latvia |
8.3 Growth rate of industries using aluminum hydroxide as a key input |
8.4 Percentage of capacity utilization in aluminum hydroxide production facilities |
8.5 Number of new product developments or innovations in the aluminum hydroxide market |
9 Latvia Aluminum Hydroxide Market - Opportunity Assessment |
9.1 Latvia Aluminum Hydroxide Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Aluminum Hydroxide Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Latvia Aluminum Hydroxide Market - Competitive Landscape |
10.1 Latvia Aluminum Hydroxide Market Revenue Share, By Companies, 2024 |
10.2 Latvia Aluminum Hydroxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |