| Product Code: ETC5243978 | Publication Date: Nov 2023 | Updated Date: Nov 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 on neighboring countries such as Lithuania and Estonia, as well as established trading partners like Germany, Poland, and Belgium for its antifreeze & coolants imports. Despite a slight decline in growth rate from 2023 to 2024, the industry maintained a healthy Compound Annual Growth Rate (CAGR) of 10.33% over the period of 2020-2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges and opportunities for market players in the coming years.

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 Antifreeze & Coolants Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Antifreeze & Coolants Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Antifreeze & Coolants Market - Industry Life Cycle |
3.4 Latvia Antifreeze & Coolants Market - Porter's Five Forces |
3.5 Latvia Antifreeze & Coolants Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Antifreeze & Coolants Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Latvia Antifreeze & Coolants Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Antifreeze & Coolants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles in Latvia |
4.2.2 Growing awareness about the importance of engine maintenance |
4.2.3 Rising disposable income leading to higher spending on automotive products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Environmental concerns regarding the disposal of antifreeze and coolants |
4.3.3 Competition from alternative cooling technologies |
5 Latvia Antifreeze & Coolants Market Trends |
6 Latvia Antifreeze & Coolants Market Segmentations |
6.1 Latvia Antifreeze & Coolants Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Antifreeze & Coolants Market Revenues & Volume, By Ethylene Glycol, 2021-2031F |
6.1.3 Latvia Antifreeze & Coolants Market Revenues & Volume, By Propylene Glycol, 2021-2031F |
6.1.4 Latvia Antifreeze & Coolants Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Antifreeze & Coolants Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Antifreeze & Coolants Market Revenues & Volume, By Inorganic Additive Technology (IAT), 2021-2031F |
6.2.3 Latvia Antifreeze & Coolants Market Revenues & Volume, By Organic Acid Technology (OAT), 2021-2031F |
6.2.4 Latvia Antifreeze & Coolants Market Revenues & Volume, By Nitrated Organic Acid Technology (NOAT), 2021-2031F |
6.2.5 Latvia Antifreeze & Coolants Market Revenues & Volume, By Hybrid Organic Acid Technology (HOAT), 2021-2031F |
6.2.6 Latvia Antifreeze & Coolants Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Antifreeze & Coolants Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Antifreeze & Coolants Market Revenues & Volume, By Automobiles, 2021-2031F |
6.3.3 Latvia Antifreeze & Coolants Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.4 Latvia Antifreeze & Coolants Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Antifreeze & Coolants Market Import-Export Trade Statistics |
7.1 Latvia Antifreeze & Coolants Market Export to Major Countries |
7.2 Latvia Antifreeze & Coolants Market Imports from Major Countries |
8 Latvia Antifreeze & Coolants Market Key Performance Indicators |
8.1 Average annual temperature in Latvia |
8.2 Number of registered vehicles in Latvia |
8.3 Frequency of vehicle maintenance services in the country |
8.4 Government regulations on automotive coolant disposal |
8.5 Adoption rate of eco-friendly antifreeze and coolants in the market |
9 Latvia Antifreeze & Coolants Market - Opportunity Assessment |
9.1 Latvia Antifreeze & Coolants Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Antifreeze & Coolants Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Latvia Antifreeze & Coolants Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Antifreeze & Coolants Market - Competitive Landscape |
10.1 Latvia Antifreeze & Coolants Market Revenue Share, By Companies, 2024 |
10.2 Latvia Antifreeze & Coolants Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |