| Product Code: ETC7910128 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of electric vehicle battery coolant into Latvia showed steady growth in 2024, with top exporting countries being Poland, Lithuania, Germany, Denmark, and Belgium. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 16.12%, with a notable growth spurt of 8.85% from 2023 to 2024, reflecting increasing demand and opportunities in the electric vehicle battery coolant market in Latvia.

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 Electric Vehicle Battery Coolant Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Electric Vehicle Battery Coolant Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Electric Vehicle Battery Coolant Market - Industry Life Cycle |
3.4 Latvia Electric Vehicle Battery Coolant Market - Porter's Five Forces |
3.5 Latvia Electric Vehicle Battery Coolant Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Latvia Electric Vehicle Battery Coolant Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.7 Latvia Electric Vehicle Battery Coolant Market Revenues & Volume Share, By Coolant Type, 2021 & 2031F |
4 Latvia Electric Vehicle Battery Coolant Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of electric vehicles in Latvia |
4.2.2 Government initiatives and incentives promoting electric vehicle usage |
4.2.3 Growing environmental awareness and focus on sustainability in the automotive industry |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles and associated battery cooling systems |
4.3.2 Limited charging infrastructure for electric vehicles in Latvia |
4.3.3 Technological challenges in developing efficient and cost-effective battery coolant solutions |
5 Latvia Electric Vehicle Battery Coolant Market Trends |
6 Latvia Electric Vehicle Battery Coolant Market, By Types |
6.1 Latvia Electric Vehicle Battery Coolant Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Electric Vehicle Battery Coolant Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Latvia Electric Vehicle Battery Coolant Market Revenues & Volume, By Battery Electric Vehicles, 2021- 2031F |
6.1.4 Latvia Electric Vehicle Battery Coolant Market Revenues & Volume, By Hybrid Electric Vehicles, 2021- 2031F |
6.1.5 Latvia Electric Vehicle Battery Coolant Market Revenues & Volume, By Plug-in Hybrid Electric Vehicles, 2021- 2031F |
6.2 Latvia Electric Vehicle Battery Coolant Market, By Battery Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Electric Vehicle Battery Coolant Market Revenues & Volume, By Lead Acid Battery, 2021- 2031F |
6.2.3 Latvia Electric Vehicle Battery Coolant Market Revenues & Volume, By Lithium-Ion Battery, 2021- 2031F |
6.3 Latvia Electric Vehicle Battery Coolant Market, By Coolant Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Electric Vehicle Battery Coolant Market Revenues & Volume, By Glycol Based, 2021- 2031F |
6.3.3 Latvia Electric Vehicle Battery Coolant Market Revenues & Volume, By Water Based, 2021- 2031F |
7 Latvia Electric Vehicle Battery Coolant Market Import-Export Trade Statistics |
7.1 Latvia Electric Vehicle Battery Coolant Market Export to Major Countries |
7.2 Latvia Electric Vehicle Battery Coolant Market Imports from Major Countries |
8 Latvia Electric Vehicle Battery Coolant Market Key Performance Indicators |
8.1 Average battery life of electric vehicles in Latvia |
8.2 Adoption rate of electric vehicles in the country |
8.3 Investment in research and development for battery coolant technologies |
8.4 Energy efficiency improvements in electric vehicle cooling systems |
8.5 Number of public charging stations for electric vehicles in Latvia |
9 Latvia Electric Vehicle Battery Coolant Market - Opportunity Assessment |
9.1 Latvia Electric Vehicle Battery Coolant Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Latvia Electric Vehicle Battery Coolant Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.3 Latvia Electric Vehicle Battery Coolant Market Opportunity Assessment, By Coolant Type, 2021 & 2031F |
10 Latvia Electric Vehicle Battery Coolant Market - Competitive Landscape |
10.1 Latvia Electric Vehicle Battery Coolant Market Revenue Share, By Companies, 2024 |
10.2 Latvia Electric Vehicle Battery Coolant Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |