| Product Code: ETC5690307 | 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 shipments of epichlorohydrin (ECH) in 2024 continued to be dominated by Germany, Lithuania, Belgium, Estonia, and Italy, showcasing a high level of concentration. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 37.53%, with a notable growth spurt of 49.35% in 2024 alone. This data indicates a strong demand for ECH in Latvia, with key players from neighboring countries driving the import market forward.

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 Epichlorohydrin (ECH) Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Epichlorohydrin (ECH) Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Epichlorohydrin (ECH) Market - Industry Life Cycle |
3.4 Latvia Epichlorohydrin (ECH) Market - Porter's Five Forces |
3.5 Latvia Epichlorohydrin (ECH) Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.6 Latvia Epichlorohydrin (ECH) Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Epichlorohydrin (ECH) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for epoxy resins in various industries such as automotive, construction, and electronics |
4.2.2 Growing emphasis on sustainable and environmentally friendly products, leading to a shift towards bio-based epichlorohydrin production |
4.2.3 Favorable government regulations and policies supporting the chemical industry in Latvia |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, such as propylene and chlorine, impacting the production costs of epichlorohydrin |
4.3.2 Competition from other epoxy resin alternatives affecting market penetration |
4.3.3 Economic uncertainties and fluctuations in global trade impacting the overall demand for epichlorohydrin |
5 Latvia Epichlorohydrin (ECH) Market Trends |
6 Latvia Epichlorohydrin (ECH) Market Segmentations |
6.1 Latvia Epichlorohydrin (ECH) Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Latvia Epichlorohydrin (ECH) Market Revenues & Volume, By Epoxy Resins, 2021-2031F |
6.1.3 Latvia Epichlorohydrin (ECH) Market Revenues & Volume, By Synthetic Glycerin, 2021-2031F |
6.1.4 Latvia Epichlorohydrin (ECH) Market Revenues & Volume, By Water Treatment Chemicals, 2021-2031F |
6.1.5 Latvia Epichlorohydrin (ECH) Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2 Latvia Epichlorohydrin (ECH) Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Epichlorohydrin (ECH) Market Revenues & Volume, By Paints & Applications, 2021-2031F |
6.2.3 Latvia Epichlorohydrin (ECH) Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.4 Latvia Epichlorohydrin (ECH) Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Latvia Epichlorohydrin (ECH) Market Revenues & Volume, By Wind Turbine, 2021-2031F |
6.2.6 Latvia Epichlorohydrin (ECH) Market Revenues & Volume, By Composites, 2021-2031F |
6.2.7 Latvia Epichlorohydrin (ECH) Market Revenues & Volume, By Adhesives, 2021-2031F |
7 Latvia Epichlorohydrin (ECH) Market Import-Export Trade Statistics |
7.1 Latvia Epichlorohydrin (ECH) Market Export to Major Countries |
7.2 Latvia Epichlorohydrin (ECH) Market Imports from Major Countries |
8 Latvia Epichlorohydrin (ECH) Market Key Performance Indicators |
8.1 Energy consumption efficiency in epichlorohydrin production processes |
8.2 Adoption rate of bio-based epichlorohydrin production technologies |
8.3 Percentage of market share held by local producers in the Latvia epichlorohydrin market |
9 Latvia Epichlorohydrin (ECH) Market - Opportunity Assessment |
9.1 Latvia Epichlorohydrin (ECH) Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.2 Latvia Epichlorohydrin (ECH) Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Epichlorohydrin (ECH) Market - Competitive Landscape |
10.1 Latvia Epichlorohydrin (ECH) Market Revenue Share, By Companies, 2024 |
10.2 Latvia Epichlorohydrin (ECH) 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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