| Product Code: ETC7910614 | 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 |
In 2024, Latvia saw significant import shipments of Ethylene Propylene Diene Monomer rubber, with top exporting countries being Poland, Belgium, Germany, Estonia, and the UK. The High Herfindahl-Hirschman Index (HHI) indicates a very high concentration in the market. Despite a strong compound annual growth rate (CAGR) of 17.95% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -31.24%. This fluctuation in growth highlights the importance of monitoring market trends and adapting strategies accordingly in the EPDM rubber 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 Ethylene Propylene Diene Monomer Rubber Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Ethylene Propylene Diene Monomer Rubber Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Ethylene Propylene Diene Monomer Rubber Market - Industry Life Cycle |
3.4 Latvia Ethylene Propylene Diene Monomer Rubber Market - Porter's Five Forces |
3.5 Latvia Ethylene Propylene Diene Monomer Rubber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Ethylene Propylene Diene Monomer Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for environmentally friendly and sustainable rubber products |
4.2.2 Growing automotive industry, leading to higher demand for EPDM rubber for vehicle manufacturing |
4.2.3 Advancements in technology and production processes improving the quality and performance of EPDM rubber |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Competition from alternative materials in certain applications |
4.3.3 Regulatory challenges related to environmental standards and compliance |
5 Latvia Ethylene Propylene Diene Monomer Rubber Market Trends |
6 Latvia Ethylene Propylene Diene Monomer Rubber Market, By Types |
6.1 Latvia Ethylene Propylene Diene Monomer Rubber Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Ethylene Propylene Diene Monomer Rubber Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Latvia Ethylene Propylene Diene Monomer Rubber Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.1.4 Latvia Ethylene Propylene Diene Monomer Rubber Market Revenues & Volume, By Electrical Insulation, 2021- 2031F |
6.1.5 Latvia Ethylene Propylene Diene Monomer Rubber Market Revenues & Volume, By Automotive, 2021- 2031F |
6.1.6 Latvia Ethylene Propylene Diene Monomer Rubber Market Revenues & Volume, By Plastics, 2021- 2031F |
6.1.7 Latvia Ethylene Propylene Diene Monomer Rubber Market Revenues & Volume, By Lubricant Additives, 2021- 2031F |
6.1.8 Latvia Ethylene Propylene Diene Monomer Rubber Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Ethylene Propylene Diene Monomer Rubber Market Import-Export Trade Statistics |
7.1 Latvia Ethylene Propylene Diene Monomer Rubber Market Export to Major Countries |
7.2 Latvia Ethylene Propylene Diene Monomer Rubber Market Imports from Major Countries |
8 Latvia Ethylene Propylene Diene Monomer Rubber Market Key Performance Indicators |
8.1 Research and development investment in new EPDM rubber formulations |
8.2 Percentage of market share held by eco-friendly EPDM rubber products |
8.3 Adoption rate of EPDM rubber in new industries and applications |
9 Latvia Ethylene Propylene Diene Monomer Rubber Market - Opportunity Assessment |
9.1 Latvia Ethylene Propylene Diene Monomer Rubber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Ethylene Propylene Diene Monomer Rubber Market - Competitive Landscape |
10.1 Latvia Ethylene Propylene Diene Monomer Rubber Market Revenue Share, By Companies, 2024 |
10.2 Latvia Ethylene Propylene Diene Monomer Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |