| Product Code: ETC5718636 | 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 |
Latvia`s import of EPDM in 2024 saw a shift in concentration from high to moderate, with Lithuania, Poland, Russia, Sweden, and Germany being the top exporting countries. The impressive CAGR of 66.11% from 2020 to 2024 indicates a thriving market, despite a slight decline in growth rate from 2023 to 2024. The diversification of sources for EPDM imports suggests a more stable and competitive market landscape, offering opportunities for both suppliers and buyers in the industry.

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 EPDM Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia EPDM Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia EPDM Market - Industry Life Cycle |
3.4 Latvia EPDM Market - Porter's Five Forces |
3.5 Latvia EPDM Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.6 Latvia EPDM Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia EPDM Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for EPDM in construction and automotive industries in Latvia |
4.2.2 Increasing focus on sustainable and energy-efficient building materials |
4.2.3 Government initiatives promoting the use of EPDM in infrastructure projects |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Competition from alternative materials like TPO and PVC |
4.3.3 Economic uncertainty impacting investment decisions in construction projects |
5 Latvia EPDM Market Trends |
6 Latvia EPDM Market Segmentations |
6.1 Latvia EPDM Market, By Manufacturing Process |
6.1.1 Overview and Analysis |
6.1.2 Latvia EPDM Market Revenues & Volume, By Solution Polymerization Process, 2021-2031F |
6.1.3 Latvia EPDM Market Revenues & Volume, By Slurry/Suspension Process, 2021-2031F |
6.1.4 Latvia EPDM Market Revenues & Volume, By Gas-phase Polymerization Process, 2021-2031F |
6.2 Latvia EPDM Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia EPDM Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Latvia EPDM Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.4 Latvia EPDM Market Revenues & Volume, By Plastic Modifications, 2021-2031F |
6.2.5 Latvia EPDM Market Revenues & Volume, By Tires & Tubes, 2021-2031F |
6.2.6 Latvia EPDM Market Revenues & Volume, By Wire & Cables, 2021-2031F |
6.2.7 Latvia EPDM Market Revenues & Volume, By Lubricant Additives, 2021-2031F |
7 Latvia EPDM Market Import-Export Trade Statistics |
7.1 Latvia EPDM Market Export to Major Countries |
7.2 Latvia EPDM Market Imports from Major Countries |
8 Latvia EPDM Market Key Performance Indicators |
8.1 Number of new construction projects incorporating EPDM |
8.2 Adoption rate of EPDM in automotive manufacturing |
8.3 Percentage of government-funded infrastructure projects using EPDM |
8.4 Environmental certifications obtained by EPDM manufacturers |
8.5 Rate of innovation and development in EPDM technology |
9 Latvia EPDM Market - Opportunity Assessment |
9.1 Latvia EPDM Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.2 Latvia EPDM Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia EPDM Market - Competitive Landscape |
10.1 Latvia EPDM Market Revenue Share, By Companies, 2024 |
10.2 Latvia EPDM Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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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