| 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 |