| Product Code: ETC7905389 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s automotive plastic compounding import market continues to see strong growth, with top exporting countries including Netherlands, Germany, Israel, China, and Sweden. The market concentration, as measured by the HHI, has increased significantly from 2023 to 2024, indicating a more competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 7.56%, with a notable growth spurt of 18.41% from 2023 to 2024. This data suggests a robust demand for automotive plastic compounds in Latvia, driven by imports from key international suppliers.

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 Automotive Plastic Compounding Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Plastic Compounding Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Plastic Compounding Market - Industry Life Cycle |
3.4 Latvia Automotive Plastic Compounding Market - Porter's Five Forces |
3.5 Latvia Automotive Plastic Compounding Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Automotive Plastic Compounding Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Automotive Plastic Compounding Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in the automotive industry |
4.2.2 Growing focus on sustainability and recyclability in plastic compounding |
4.2.3 Technological advancements leading to improved performance of automotive plastic compounds |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as polymers and additives |
4.3.2 Stringent regulations related to emissions and recycling in the automotive sector |
4.3.3 Competition from alternative materials like metal and bio-based plastics |
5 Latvia Automotive Plastic Compounding Market Trends |
6 Latvia Automotive Plastic Compounding Market, By Types |
6.1 Latvia Automotive Plastic Compounding Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Plastic Compounding Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Automotive Plastic Compounding Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021- 2031F |
6.1.4 Latvia Automotive Plastic Compounding Market Revenues & Volume, By Polypropylene (PP), 2021- 2031F |
6.1.5 Latvia Automotive Plastic Compounding Market Revenues & Volume, By Polyurethane (PU), 2021- 2031F |
6.1.6 Latvia Automotive Plastic Compounding Market Revenues & Volume, By Polyvinyl Chloride (PVC), 2021- 2031F |
6.1.7 Latvia Automotive Plastic Compounding Market Revenues & Volume, By Polyethylene (PE), 2021- 2031F |
6.1.8 Latvia Automotive Plastic Compounding Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Automotive Plastic Compounding Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Plastic Compounding Market Revenues & Volume, By Instrument Panels, 2021- 2031F |
6.2.3 Latvia Automotive Plastic Compounding Market Revenues & Volume, By Powertrain, 2021- 2031F |
6.2.4 Latvia Automotive Plastic Compounding Market Revenues & Volume, By Door Systems, 2021- 2031F |
6.2.5 Latvia Automotive Plastic Compounding Market Revenues & Volume, By Interior Components, 2021- 2031F |
6.2.6 Latvia Automotive Plastic Compounding Market Revenues & Volume, By Exterior Fascia, 2021- 2031F |
6.2.7 Latvia Automotive Plastic Compounding Market Revenues & Volume, By Under the Hood Components, 2021- 2031F |
7 Latvia Automotive Plastic Compounding Market Import-Export Trade Statistics |
7.1 Latvia Automotive Plastic Compounding Market Export to Major Countries |
7.2 Latvia Automotive Plastic Compounding Market Imports from Major Countries |
8 Latvia Automotive Plastic Compounding Market Key Performance Indicators |
8.1 Percentage of automotive manufacturers using plastic compounds in Latvia |
8.2 Research and development investment in new plastic compound formulations |
8.3 Adoption rate of advanced compounding technologies in the automotive industry in Latvia |
9 Latvia Automotive Plastic Compounding Market - Opportunity Assessment |
9.1 Latvia Automotive Plastic Compounding Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Automotive Plastic Compounding Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Automotive Plastic Compounding Market - Competitive Landscape |
10.1 Latvia Automotive Plastic Compounding Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Plastic Compounding Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |