| Product Code: ETC7908426 | 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 import shipments of contact adhesive in 2024 continued to be dominated by top suppliers such as Germany, Estonia, Finland, Sweden, and Lithuania. The market showed low concentration with a Herfindahl-Hirschman Index (HHI) remaining stable. However, the industry faced a negative compound annual growth rate (CAGR) of -4.86% from 2020 to 2024, with a significant decline in growth rate of -14.13% from 2023 to 2024. This indicates a challenging environment for the contact adhesive market in Latvia, highlighting the need for strategic adjustments and market analysis.

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 Contact Adhesive Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Contact Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Contact Adhesive Market - Industry Life Cycle |
3.4 Latvia Contact Adhesive Market - Porter's Five Forces |
3.5 Latvia Contact Adhesive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Contact Adhesive Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Latvia Contact Adhesive Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Contact Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable adhesive solutions |
4.2.2 Increasing adoption in the construction and automotive industries |
4.2.3 Technological advancements leading to improved product performance and efficiency |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from substitute products |
4.3.3 Regulatory challenges related to environmental and safety standards |
5 Latvia Contact Adhesive Market Trends |
6 Latvia Contact Adhesive Market, By Types |
6.1 Latvia Contact Adhesive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Contact Adhesive Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Contact Adhesive Market Revenues & Volume, By Neoprene, 2021- 2031F |
6.1.4 Latvia Contact Adhesive Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.1.5 Latvia Contact Adhesive Market Revenues & Volume, By Acrylic, 2021- 2031F |
6.1.6 Latvia Contact Adhesive Market Revenues & Volume, By Styrene Butadiene Copolymer, 2021- 2031F |
6.1.7 Latvia Contact Adhesive Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Contact Adhesive Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Contact Adhesive Market Revenues & Volume, By Solvent Based, 2021- 2031F |
6.2.3 Latvia Contact Adhesive Market Revenues & Volume, By Water Based, 2021- 2031F |
6.3 Latvia Contact Adhesive Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Contact Adhesive Market Revenues & Volume, By Woodworking, 2021- 2031F |
6.3.3 Latvia Contact Adhesive Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.4 Latvia Contact Adhesive Market Revenues & Volume, By Leather and Footwear, 2021- 2031F |
6.3.5 Latvia Contact Adhesive Market Revenues & Volume, By Construction, 2021- 2031F |
7 Latvia Contact Adhesive Market Import-Export Trade Statistics |
7.1 Latvia Contact Adhesive Market Export to Major Countries |
7.2 Latvia Contact Adhesive Market Imports from Major Countries |
8 Latvia Contact Adhesive Market Key Performance Indicators |
8.1 Customer satisfaction score for contact adhesive products |
8.2 Rate of new product development and innovation in the market |
8.3 Adoption rate of contact adhesives in emerging applications such as electronics and medical devices |
9 Latvia Contact Adhesive Market - Opportunity Assessment |
9.1 Latvia Contact Adhesive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Contact Adhesive Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Latvia Contact Adhesive Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Contact Adhesive Market - Competitive Landscape |
10.1 Latvia Contact Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Latvia Contact Adhesive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |