| Product Code: ETC7908359 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s construction elastomers import market saw significant growth in 2024, with top exporting countries including Russia, Lithuania, Poland, Sweden, and Estonia. The Herfindahl-Hirschman Index (HHI) indicated high concentration levels, suggesting a competitive market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 62.55%, with a notable growth rate of 44.34% from 2023 to 2024. This data reflects a dynamic and expanding market for construction elastomers in Latvia, driven by strong import demand from key trading partners.

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 Construction Elastomers Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Construction Elastomers Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Construction Elastomers Market - Industry Life Cycle |
3.4 Latvia Construction Elastomers Market - Porter's Five Forces |
3.5 Latvia Construction Elastomers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Construction Elastomers Market Revenues & Volume Share, By Chemistry, 2021 & 2031F |
3.7 Latvia Construction Elastomers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Construction Elastomers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Construction Elastomers Market Trends |
6 Latvia Construction Elastomers Market, By Types |
6.1 Latvia Construction Elastomers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Construction Elastomers Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Construction Elastomers Market Revenues & Volume, By Thermoset, 2021- 2031F |
6.1.4 Latvia Construction Elastomers Market Revenues & Volume, By Thermoplastic, 2021- 2031F |
6.2 Latvia Construction Elastomers Market, By Chemistry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Construction Elastomers Market Revenues & Volume, By Tyrene Block Copolymers (SBC), 2021- 2031F |
6.2.3 Latvia Construction Elastomers Market Revenues & Volume, By Thermoplastic Polyurethanes (TPU), 2021- 2031F |
6.2.4 Latvia Construction Elastomers Market Revenues & Volume, By Styrene-Butadiene (SBR), 2021- 2031F |
6.2.5 Latvia Construction Elastomers Market Revenues & Volume, By Ethylene-Propylene (EPM/EPDM), 2021- 2031F |
6.2.6 Latvia Construction Elastomers Market Revenues & Volume, By Natural Rubber (NR), 2021- 2031F |
6.2.7 Latvia Construction Elastomers Market Revenues & Volume, By Thermoplastic Polyolefin (TPO), 2021- 2031F |
6.3 Latvia Construction Elastomers Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Construction Elastomers Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Latvia Construction Elastomers Market Revenues & Volume, By Non-Residential, 2021- 2031F |
6.3.4 Latvia Construction Elastomers Market Revenues & Volume, By Civil Engineering, 2021- 2031F |
7 Latvia Construction Elastomers Market Import-Export Trade Statistics |
7.1 Latvia Construction Elastomers Market Export to Major Countries |
7.2 Latvia Construction Elastomers Market Imports from Major Countries |
8 Latvia Construction Elastomers Market Key Performance Indicators |
9 Latvia Construction Elastomers Market - Opportunity Assessment |
9.1 Latvia Construction Elastomers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Construction Elastomers Market Opportunity Assessment, By Chemistry, 2021 & 2031F |
9.3 Latvia Construction Elastomers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Construction Elastomers Market - Competitive Landscape |
10.1 Latvia Construction Elastomers Market Revenue Share, By Companies, 2024 |
10.2 Latvia Construction Elastomers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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