| Product Code: ETC7909680 | 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 of drag reducing agents in 2024 saw significant growth, with top exporting countries being Belgium, Netherlands, Finland, Italy, and Germany. The market remained competitive with low concentration levels indicated by the HHI. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 1.4%, while the growth rate from 2023 to 2024 surged to an impressive 39.47%. This data suggests a flourishing market for drag reducing agents in Latvia, driven by strong partnerships with key exporting nations.

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 Drag Reducing Agents Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Drag Reducing Agents Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Drag Reducing Agents Market - Industry Life Cycle |
3.4 Latvia Drag Reducing Agents Market - Porter's Five Forces |
3.5 Latvia Drag Reducing Agents Market Revenues & Volume Share, By Drag Reducer Type, 2021 & 2031F |
3.6 Latvia Drag Reducing Agents Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Drag Reducing Agents Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Drag Reducing Agents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy efficiency in various industries |
4.2.2 Growing focus on environmental sustainability and regulations |
4.2.3 Advancements in drag reducing agent technology |
4.3 Market Restraints |
4.3.1 High initial investment cost for drag reducing agents |
4.3.2 Limited awareness and understanding of drag reducing agents among end-users |
4.3.3 Challenges in integrating drag reducing agents into existing systems |
5 Latvia Drag Reducing Agents Market Trends |
6 Latvia Drag Reducing Agents Market, By Types |
6.1 Latvia Drag Reducing Agents Market, By Drag Reducer Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Drag Reducing Agents Market Revenues & Volume, By Drag Reducer Type, 2021- 2031F |
6.1.3 Latvia Drag Reducing Agents Market Revenues & Volume, By Polymers, 2021- 2031F |
6.1.4 Latvia Drag Reducing Agents Market Revenues & Volume, By Suspensions, 2021- 2031F |
6.1.5 Latvia Drag Reducing Agents Market Revenues & Volume, By Biological Additives, 2021- 2031F |
6.1.6 Latvia Drag Reducing Agents Market Revenues & Volume, By Surfactants, 2021- 2031F |
6.2 Latvia Drag Reducing Agents Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Drag Reducing Agents Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2.3 Latvia Drag Reducing Agents Market Revenues & Volume, By Powder, 2021- 2031F |
6.3 Latvia Drag Reducing Agents Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Drag Reducing Agents Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.3 Latvia Drag Reducing Agents Market Revenues & Volume, By Civil Work, 2021- 2031F |
6.3.4 Latvia Drag Reducing Agents Market Revenues & Volume, By Fire Fighting, 2021- 2031F |
6.3.5 Latvia Drag Reducing Agents Market Revenues & Volume, By Marine, 2021- 2031F |
6.3.6 Latvia Drag Reducing Agents Market Revenues & Volume, By Irrigation, 2021- 2031F |
6.3.7 Latvia Drag Reducing Agents Market Revenues & Volume, By Biomedical, 2021- 2031F |
6.3.8 Latvia Drag Reducing Agents Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 Latvia Drag Reducing Agents Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Drag Reducing Agents Market Import-Export Trade Statistics |
7.1 Latvia Drag Reducing Agents Market Export to Major Countries |
7.2 Latvia Drag Reducing Agents Market Imports from Major Countries |
8 Latvia Drag Reducing Agents Market Key Performance Indicators |
8.1 Energy savings achieved by using drag reducing agents |
8.2 Reduction in maintenance costs for equipment due to drag reducing agents |
8.3 Environmental impact assessment of drag reducing agent usage |
8.4 Adoption rate of drag reducing agents in key industries |
8.5 Research and development investments in drag reducing agent technology |
9 Latvia Drag Reducing Agents Market - Opportunity Assessment |
9.1 Latvia Drag Reducing Agents Market Opportunity Assessment, By Drag Reducer Type, 2021 & 2031F |
9.2 Latvia Drag Reducing Agents Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Drag Reducing Agents Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Drag Reducing Agents Market - Competitive Landscape |
10.1 Latvia Drag Reducing Agents Market Revenue Share, By Companies, 2024 |
10.2 Latvia Drag Reducing Agents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |