| Product Code: ETC5263263 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a significant decline in the Compound Annual Growth Rate (CAGR) for Latvia`s cumene import shipments between 2020-2024, the market remained highly concentrated in 2024 with top exporters such as Lithuania, Netherlands, Germany, Poland, and Estonia dominating the trade. The negative growth rate in 2024 highlights a challenging environment for cumene imports into Latvia, which may require further analysis to understand the underlying factors influencing this trend.

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 Cumene Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cumene Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cumene Market - Industry Life Cycle |
3.4 Latvia Cumene Market - Porter's Five Forces |
3.5 Latvia Cumene Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Cumene Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Cumene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for phenol, which is a key derivative of cumene, in various industries such as automotive, construction, and electronics. |
4.2.2 Growing awareness and adoption of eco-friendly and sustainable production processes within the chemical industry, driving the demand for cumene as a raw material. |
4.2.3 Government initiatives and regulations promoting the use of cumene in manufacturing processes due to its efficiency and effectiveness. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like benzene and propylene, which are essential for cumene production, impacting the overall cost and profitability. |
4.3.2 Intense competition from alternative chemicals or processes that can serve as substitutes for cumene, affecting market demand and pricing. |
5 Latvia Cumene Market Trends |
6 Latvia Cumene Market Segmentations |
6.1 Latvia Cumene Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cumene Market Revenues & Volume, By Zeloite, 2021-2031F |
6.1.3 Latvia Cumene Market Revenues & Volume, By Solid Phosphoric Acid, 2021-2031F |
6.1.4 Latvia Cumene Market Revenues & Volume, By Aluminum Chloride, 2021-2031F |
6.2 Latvia Cumene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cumene Market Revenues & Volume, By Phenol, 2021-2031F |
6.2.3 Latvia Cumene Market Revenues & Volume, By Acetone, 2021-2031F |
6.2.4 Latvia Cumene Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Cumene Market Import-Export Trade Statistics |
7.1 Latvia Cumene Market Export to Major Countries |
7.2 Latvia Cumene Market Imports from Major Countries |
8 Latvia Cumene Market Key Performance Indicators |
8.1 Energy efficiency metrics in cumene production processes, reflecting the sustainability and cost-effectiveness of the industry. |
8.2 Capacity utilization rates of cumene production facilities in Latvia, indicating the efficiency and scale of operations. |
8.3 Research and development investment levels in new cumene-based technologies or applications, showcasing innovation and future market potential. |
9 Latvia Cumene Market - Opportunity Assessment |
9.1 Latvia Cumene Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Cumene Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Cumene Market - Competitive Landscape |
10.1 Latvia Cumene Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cumene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |