Latvia Butyl Rubber Market (2025-2031) | Share, Forecast, Revenue, Companies, Industry, Outlook, Growth, Analysis, Segmentation, Value, Trends & Size

Market Forecast By Product Type (Regular Butyl Rubber, Halo Butyl Rubber, Bromo-Butyl Rubber, Chloro-Butyl Rubber), By Application (Tires & Tubes, Pharmaceuticals, Adhesives & Sealants, Automotive, Others) And Competitive Landscape
Product Code: ETC5251958 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

Latvia Butyl Rubber Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s butyl rubber import market in 2024 saw significant growth, with top exporting countries including Belgium, Russia, Finland, China, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 30.99% from 2020 to 2024 demonstrates a thriving industry. The remarkable growth rate of 40.92% from 2023 to 2024 suggests a robust demand for butyl rubber in Latvia, highlighting the country`s strong reliance on imports for this essential material.

Butyl Rubber Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


In the Europe region, the Butyl Rubber market in Latvia is projected to expand at a stable growth rate of 3.08% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

Butyl Rubber Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Butyl Rubber Market Outlook
  • Market Size of Latvia Butyl Rubber Market, 2024
  • Forecast of Latvia Butyl Rubber Market, 2031
  • Historical Data and Forecast of Latvia Butyl Rubber Revenues & Volume for the Period 2021-2031
  • Latvia Butyl Rubber Market Trend Evolution
  • Latvia Butyl Rubber Market Drivers and Challenges
  • Latvia Butyl Rubber Price Trends
  • Latvia Butyl Rubber Porter`s Five Forces
  • Latvia Butyl Rubber Industry Life Cycle
  • Historical Data and Forecast of Latvia Butyl Rubber Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Butyl Rubber Market Revenues & Volume By Regular Butyl Rubber for the Period 2021-2031
  • Historical Data and Forecast of Latvia Butyl Rubber Market Revenues & Volume By Halo Butyl Rubber for the Period 2021-2031
  • Historical Data and Forecast of Latvia Butyl Rubber Market Revenues & Volume By Bromo-Butyl Rubber for the Period 2021-2031
  • Historical Data and Forecast of Latvia Butyl Rubber Market Revenues & Volume By Chloro-Butyl Rubber for the Period 2021-2031
  • Historical Data and Forecast of Latvia Butyl Rubber Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Butyl Rubber Market Revenues & Volume By Tires & Tubes for the Period 2021-2031
  • Historical Data and Forecast of Latvia Butyl Rubber Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
  • Historical Data and Forecast of Latvia Butyl Rubber Market Revenues & Volume By Adhesives & Sealants for the Period 2021-2031
  • Historical Data and Forecast of Latvia Butyl Rubber Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of Latvia Butyl Rubber Market Revenues & Volume By Others for the Period 2021-2031
  • Latvia Butyl Rubber Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Application
  • Latvia Butyl Rubber Top Companies Market Share
  • Latvia Butyl Rubber Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Butyl Rubber Company Profiles
  • Latvia Butyl Rubber Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Butyl Rubber Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Butyl Rubber Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Butyl Rubber Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Butyl Rubber Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Butyl Rubber Market - Industry Life Cycle

3.4 Latvia Butyl Rubber Market - Porter's Five Forces

3.5 Latvia Butyl Rubber Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Latvia Butyl Rubber Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Butyl Rubber Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for butyl rubber in the automotive industry for manufacturing tires.

4.2.2 Growth in the construction sector leading to higher demand for butyl rubber-based sealants and adhesives.

4.2.3 Technological advancements in butyl rubber production processes improving efficiency and quality.

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials used in butyl rubber production impacting profit margins.

4.3.2 Environmental regulations and sustainability concerns affecting the production and usage of butyl rubber.

5 Latvia Butyl Rubber Market Trends

6 Latvia Butyl Rubber Market Segmentations

6.1 Latvia Butyl Rubber Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Latvia Butyl Rubber Market Revenues & Volume, By Regular Butyl Rubber, 2021-2031F

6.1.3 Latvia Butyl Rubber Market Revenues & Volume, By Halo Butyl Rubber, 2021-2031F

6.1.4 Latvia Butyl Rubber Market Revenues & Volume, By Bromo-Butyl Rubber, 2021-2031F

6.1.5 Latvia Butyl Rubber Market Revenues & Volume, By Chloro-Butyl Rubber, 2021-2031F

6.2 Latvia Butyl Rubber Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Butyl Rubber Market Revenues & Volume, By Tires & Tubes, 2021-2031F

6.2.3 Latvia Butyl Rubber Market Revenues & Volume, By Pharmaceuticals, 2021-2031F

6.2.4 Latvia Butyl Rubber Market Revenues & Volume, By Adhesives & Sealants, 2021-2031F

6.2.5 Latvia Butyl Rubber Market Revenues & Volume, By Automotive, 2021-2031F

6.2.6 Latvia Butyl Rubber Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Butyl Rubber Market Import-Export Trade Statistics

7.1 Latvia Butyl Rubber Market Export to Major Countries

7.2 Latvia Butyl Rubber Market Imports from Major Countries

8 Latvia Butyl Rubber Market Key Performance Indicators

8.1 Percentage increase in the adoption of butyl rubber in the automotive sector.

8.2 Research and development investment in new applications for butyl rubber.

8.3 Improvement in production efficiency and reduction in waste generation in butyl rubber manufacturing processes.

9 Latvia Butyl Rubber Market - Opportunity Assessment

9.1 Latvia Butyl Rubber Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Latvia Butyl Rubber Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Butyl Rubber Market - Competitive Landscape

10.1 Latvia Butyl Rubber Market Revenue Share, By Companies, 2024

10.2 Latvia Butyl Rubber Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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