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

Market Forecast By Type (Nylon 6, Nylon 66, Polyester Polyol, Others), By End-use (Construction, Aerospace and Defence, Textiles, Automotive, Electrical and Electronics, Others), By Application (Paint and Dyes, Soaps, Fertilizers, Films, Pharmaceutical, Caprolactam, Adipic Acid, Others) And Competitive Landscape
Product Code: ETC4746159 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Padhi No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

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

In 2024, Latvia continued to rely heavily on imports of cyclohexanone, with Lithuania, Poland, India, Italy, and Germany emerging as top exporters to the country. The market concentration, as indicated by the Herfindahl-Hirschman Index (HHI), remained high in 2024, reflecting a competitive landscape dominated by a few major players. Despite a significant negative compound annual growth rate (CAGR) of -22.81% from 2020 to 2024, there was a slight uptick in growth with a 3.6% increase from 2023 to 2024, suggesting potential opportunities for the cyclohexanone market in Latvia.

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

Key Highlights of the Report:

  • Latvia Cyclohexanone Market Outlook
  • Market Size of Latvia Cyclohexanone Market, 2024
  • Forecast of Latvia Cyclohexanone Market, 2031
  • Historical Data and Forecast of Latvia Cyclohexanone Revenues & Volume for the Period 2021-2031
  • Latvia Cyclohexanone Market Trend Evolution
  • Latvia Cyclohexanone Market Drivers and Challenges
  • Latvia Cyclohexanone Price Trends
  • Latvia Cyclohexanone Porter`s Five Forces
  • Latvia Cyclohexanone Industry Life Cycle
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Nylon 6 for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Nylon 66 for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Polyester Polyol for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By End-use for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Aerospace and Defence for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Textiles for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Electrical and Electronics for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Paint and Dyes for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Soaps for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Fertilizers for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Films for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Caprolactam for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Adipic Acid for the Period 2021-2031
  • Historical Data and Forecast of Latvia Cyclohexanone Market Revenues & Volume By Others for the Period 2021-2031
  • Latvia Cyclohexanone Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End-use
  • Market Opportunity Assessment By Application
  • Latvia Cyclohexanone Top Companies Market Share
  • Latvia Cyclohexanone Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Cyclohexanone Company Profiles
  • Latvia Cyclohexanone Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Cyclohexanone 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 Cyclohexanone 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 Cyclohexanone Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Cyclohexanone Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Cyclohexanone Market - Industry Life Cycle

3.4 Latvia Cyclohexanone Market - Porter's Five Forces

3.5 Latvia Cyclohexanone Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Cyclohexanone Market Revenues & Volume Share, By End-use, 2021 & 2031F

3.7 Latvia Cyclohexanone Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Cyclohexanone Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand from end-use industries such as pharmaceuticals, agrochemicals, and paints coatings

4.2.2 Increasing industrial activities and production in Latvia

4.2.3 Favorable government regulations supporting the chemical industry

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting production costs

4.3.2 Environmental concerns leading to stricter regulations on chemical manufacturing

4.3.3 Competition from alternative chemical products affecting market demand

5 Latvia Cyclohexanone Market Trends

6 Latvia Cyclohexanone Market Segmentations

6.1 Latvia Cyclohexanone Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Cyclohexanone Market Revenues & Volume, By Nylon 6, 2021-2031F

6.1.3 Latvia Cyclohexanone Market Revenues & Volume, By Nylon 66, 2021-2031F

6.1.4 Latvia Cyclohexanone Market Revenues & Volume, By Polyester Polyol, 2021-2031F

6.1.5 Latvia Cyclohexanone Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Cyclohexanone Market, By End-use

6.2.1 Overview and Analysis

6.2.2 Latvia Cyclohexanone Market Revenues & Volume, By Construction, 2021-2031F

6.2.3 Latvia Cyclohexanone Market Revenues & Volume, By Aerospace and Defence, 2021-2031F

6.2.4 Latvia Cyclohexanone Market Revenues & Volume, By Textiles, 2021-2031F

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

6.2.6 Latvia Cyclohexanone Market Revenues & Volume, By Electrical and Electronics, 2021-2031F

6.2.7 Latvia Cyclohexanone Market Revenues & Volume, By Others, 2021-2031F

6.3 Latvia Cyclohexanone Market, By Application

6.3.1 Overview and Analysis

6.3.2 Latvia Cyclohexanone Market Revenues & Volume, By Paint and Dyes, 2021-2031F

6.3.3 Latvia Cyclohexanone Market Revenues & Volume, By Soaps, 2021-2031F

6.3.4 Latvia Cyclohexanone Market Revenues & Volume, By Fertilizers, 2021-2031F

6.3.5 Latvia Cyclohexanone Market Revenues & Volume, By Films, 2021-2031F

6.3.6 Latvia Cyclohexanone Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.3.7 Latvia Cyclohexanone Market Revenues & Volume, By Caprolactam, 2021-2031F

6.3.8 Latvia Cyclohexanone Market Revenues & Volume, By Others, 2021-2031F

6.3.9 Latvia Cyclohexanone Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Cyclohexanone Market Import-Export Trade Statistics

7.1 Latvia Cyclohexanone Market Export to Major Countries

7.2 Latvia Cyclohexanone Market Imports from Major Countries

8 Latvia Cyclohexanone Market Key Performance Indicators

8.1 Average selling price of cyclohexanone in Latvia

8.2 Capacity utilization rate of cyclohexanone production facilities

8.3 Number of new product innovations and developments in the cyclohexanone market

8.4 Percentage of market share held by domestic cyclohexanone manufacturers

8.5 Export volume of cyclohexanone from Latvia

9 Latvia Cyclohexanone Market - Opportunity Assessment

9.1 Latvia Cyclohexanone Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Cyclohexanone Market Opportunity Assessment, By End-use, 2021 & 2031F

9.3 Latvia Cyclohexanone Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Cyclohexanone Market - Competitive Landscape

10.1 Latvia Cyclohexanone Market Revenue Share, By Companies, 2024

10.2 Latvia Cyclohexanone Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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