| Product Code: ETC11448373 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s bio-based polyurethane import market in 2024 saw a shift in concentration levels from high to moderate, indicating a more diverse import landscape. Key exporting countries such as Germany, USA, Poland, Lithuania, and Finland continue to play significant roles in supplying bio-based polyurethane to Latvia. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remains positive at 2.63%, reflecting a steady expansion in the market over the years. This changing market dynamics suggest opportunities for market players to explore new partnerships and strategies for sustainable growth.

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 Bio-Based Polyurethane Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bio-Based Polyurethane Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bio-Based Polyurethane Market - Industry Life Cycle |
3.4 Latvia Bio-Based Polyurethane Market - Porter's Five Forces |
3.5 Latvia Bio-Based Polyurethane Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Bio-Based Polyurethane Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Bio-Based Polyurethane Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Bio-Based Polyurethane Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.9 Latvia Bio-Based Polyurethane Market Revenues & Volume Share, By Environmental Impact, 2021 & 2031F |
4 Latvia Bio-Based Polyurethane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about environmental sustainability and preference for eco-friendly products |
4.2.2 Government initiatives promoting the use of bio-based materials in various industries |
4.2.3 Growing demand for bio-based polyurethane in industries such as construction, automotive, and packaging |
4.3 Market Restraints |
4.3.1 High initial investment and production costs associated with bio-based polyurethane |
4.3.2 Limited availability of raw materials for bio-based polyurethane production |
4.3.3 Lack of standardized regulations and certifications for bio-based polyurethane products |
5 Latvia Bio-Based Polyurethane Market Trends |
6 Latvia Bio-Based Polyurethane Market, By Types |
6.1 Latvia Bio-Based Polyurethane Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Bio-PU Foam, 2021 - 2031F |
6.1.4 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Bio-PU Elastomers, 2021 - 2031F |
6.1.5 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Bio-PU Adhesives, 2021 - 2031F |
6.2 Latvia Bio-Based Polyurethane Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Insulation, 2021 - 2031F |
6.2.3 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Footwear, 2021 - 2031F |
6.2.4 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Automotive Parts, 2021 - 2031F |
6.3 Latvia Bio-Based Polyurethane Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Construction, 2021 - 2031F |
6.3.3 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
6.3.4 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4 Latvia Bio-Based Polyurethane Market, By Source |
6.4.1 Overview and Analysis |
6.4.2 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Biomass, 2021 - 2031F |
6.4.3 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Corn-Based, 2021 - 2031F |
6.4.4 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Plant-Based, 2021 - 2031F |
6.5 Latvia Bio-Based Polyurethane Market, By Environmental Impact |
6.5.1 Overview and Analysis |
6.5.2 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Energy Efficient, 2021 - 2031F |
6.5.3 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Renewable, 2021 - 2031F |
6.5.4 Latvia Bio-Based Polyurethane Market Revenues & Volume, By Non-Toxic, 2021 - 2031F |
7 Latvia Bio-Based Polyurethane Market Import-Export Trade Statistics |
7.1 Latvia Bio-Based Polyurethane Market Export to Major Countries |
7.2 Latvia Bio-Based Polyurethane Market Imports from Major Countries |
8 Latvia Bio-Based Polyurethane Market Key Performance Indicators |
8.1 Percentage of bio-based polyurethane used in key industries over time |
8.2 Number of new government policies or regulations supporting bio-based materials adoption |
8.3 Research and development investment in bio-based polyurethane technologies |
8.4 Carbon footprint reduction achieved by switching to bio-based polyurethane products |
8.5 Number of collaborations or partnerships between bio-based polyurethane manufacturers and key industries |
9 Latvia Bio-Based Polyurethane Market - Opportunity Assessment |
9.1 Latvia Bio-Based Polyurethane Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Bio-Based Polyurethane Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Bio-Based Polyurethane Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Bio-Based Polyurethane Market Opportunity Assessment, By Source, 2021 & 2031F |
9.5 Latvia Bio-Based Polyurethane Market Opportunity Assessment, By Environmental Impact, 2021 & 2031F |
10 Latvia Bio-Based Polyurethane Market - Competitive Landscape |
10.1 Latvia Bio-Based Polyurethane Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bio-Based Polyurethane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |