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

Market Forecast By Grade (Linear, Cross-linked, Sulfur Modified, Crystallizing Resistant, Others), By Application (Automobile, Construction, Furniture, Textiles, Others) And Competitive Landscape
Product Code: ETC4721288 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 Chloroprene Rubber Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia continued to see significant import shipments of chloroprene rubber, with top exporters including Belgium, Finland, Germany, Poland, and Russia. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 30.52%, with a notable growth spurt of 39.52% from 2023 to 2024. This data suggests a strong demand for chloroprene rubber in Latvia, driven by imports from key exporting countries.

Chloroprene rubber Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


The Chloroprene rubber market in Latvia is projected to grow at a stable growth rate of 0.65% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Chloroprene rubber Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Chloroprene rubber Market Outlook
  • Market Size of Latvia Chloroprene rubber Market, 2024
  • Forecast of Latvia Chloroprene rubber Market, 2031
  • Historical Data and Forecast of Latvia Chloroprene rubber Revenues & Volume for the Period 2021-2031
  • Latvia Chloroprene rubber Market Trend Evolution
  • Latvia Chloroprene rubber Market Drivers and Challenges
  • Latvia Chloroprene rubber Price Trends
  • Latvia Chloroprene rubber Porter`s Five Forces
  • Latvia Chloroprene rubber Industry Life Cycle
  • Historical Data and Forecast of Latvia Chloroprene rubber Market Revenues & Volume By Grade for the Period 2021-2031
  • Historical Data and Forecast of Latvia Chloroprene rubber Market Revenues & Volume By Linear for the Period 2021-2031
  • Historical Data and Forecast of Latvia Chloroprene rubber Market Revenues & Volume By Cross-linked for the Period 2021-2031
  • Historical Data and Forecast of Latvia Chloroprene rubber Market Revenues & Volume By Sulfur Modified for the Period 2021-2031
  • Historical Data and Forecast of Latvia Chloroprene rubber Market Revenues & Volume By Crystallizing Resistant for the Period 2021-2031
  • Historical Data and Forecast of Latvia Chloroprene rubber Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Chloroprene rubber Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Chloroprene rubber Market Revenues & Volume By Automobile for the Period 2021-2031
  • Historical Data and Forecast of Latvia Chloroprene rubber Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of Latvia Chloroprene rubber Market Revenues & Volume By Furniture for the Period 2021-2031
  • Historical Data and Forecast of Latvia Chloroprene rubber Market Revenues & Volume By Textiles for the Period 2021-2031
  • Historical Data and Forecast of Latvia Chloroprene rubber Market Revenues & Volume By Others for the Period 2021-2031
  • Latvia Chloroprene rubber Import Export Trade Statistics
  • Market Opportunity Assessment By Grade
  • Market Opportunity Assessment By Application
  • Latvia Chloroprene rubber Top Companies Market Share
  • Latvia Chloroprene rubber Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Chloroprene rubber Company Profiles
  • Latvia Chloroprene rubber Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Chloroprene 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 Chloroprene 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 Chloroprene rubber Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Chloroprene rubber Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Chloroprene rubber Market - Industry Life Cycle

3.4 Latvia Chloroprene rubber Market - Porter's Five Forces

3.5 Latvia Chloroprene rubber Market Revenues & Volume Share, By Grade, 2021 & 2031F

3.6 Latvia Chloroprene rubber Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Chloroprene rubber Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for synthetic rubber in various industries such as automotive, construction, and electronics

4.2.2 Growing focus on sustainability and eco-friendly products, driving the demand for chloroprene rubber as a viable alternative

4.2.3 Technological advancements leading to improved product quality and performance

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting production costs

4.3.2 Intense competition from substitute materials like natural rubber and other synthetic rubbers

4.3.3 Regulatory challenges and compliance requirements affecting the production and distribution of chloroprene rubber

5 Latvia Chloroprene rubber Market Trends

6 Latvia Chloroprene rubber Market Segmentations

6.1 Latvia Chloroprene rubber Market, By Grade

6.1.1 Overview and Analysis

6.1.2 Latvia Chloroprene rubber Market Revenues & Volume, By Linear, 2021-2031F

6.1.3 Latvia Chloroprene rubber Market Revenues & Volume, By Cross-linked, 2021-2031F

6.1.4 Latvia Chloroprene rubber Market Revenues & Volume, By Sulfur Modified, 2021-2031F

6.1.5 Latvia Chloroprene rubber Market Revenues & Volume, By Crystallizing Resistant, 2021-2031F

6.1.6 Latvia Chloroprene rubber Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Chloroprene rubber Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Chloroprene rubber Market Revenues & Volume, By Automobile, 2021-2031F

6.2.3 Latvia Chloroprene rubber Market Revenues & Volume, By Construction, 2021-2031F

6.2.4 Latvia Chloroprene rubber Market Revenues & Volume, By Furniture, 2021-2031F

6.2.5 Latvia Chloroprene rubber Market Revenues & Volume, By Textiles, 2021-2031F

6.2.6 Latvia Chloroprene rubber Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Chloroprene rubber Market Import-Export Trade Statistics

7.1 Latvia Chloroprene rubber Market Export to Major Countries

7.2 Latvia Chloroprene rubber Market Imports from Major Countries

8 Latvia Chloroprene rubber Market Key Performance Indicators

8.1 Research and development investment in new chloroprene rubber technologies

8.2 Percentage of market share within the synthetic rubber industry

8.3 Adoption rate of chloroprene rubber in key end-user industries

8.4 Environmental impact assessments and sustainability certifications for chloroprene rubber products

8.5 Number of patents filed for chloroprene rubber innovations and applications

9 Latvia Chloroprene rubber Market - Opportunity Assessment

9.1 Latvia Chloroprene rubber Market Opportunity Assessment, By Grade, 2021 & 2031F

9.2 Latvia Chloroprene rubber Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Chloroprene rubber Market - Competitive Landscape

10.1 Latvia Chloroprene rubber Market Revenue Share, By Companies, 2024

10.2 Latvia Chloroprene rubber Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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