Latvia Expanded Thermoplastic Polyurethane Market (2025-2031) | Value, Companies, Forecast, Outlook, Share, Industry, Size & Revenue, Competitive Landscape, Growth, Segmentation, Analysis, Trends

Name: Latvia Expanded Thermoplastic Polyurethane Market (2025-2031) | Value & Companies
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Application (Vehicle Construction, Sports and Leisure, Shoes Manufacturing), By End-Use Industry (Leather & Allied Products Manufacturing, Automotive), By Raw Material (Diisocyanate, Polyols, Diols, Others), By Type (Polyester, Polyether, Polycaprolactone) And Competitive Landscape

Product Code: ETC7910663	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

Latvia Expanded Thermoplastic Polyurethane Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia saw a diversified range of top countries exporting expanded thermoplastic polyurethane, with Germany, USA, Poland, Lithuania, and Finland leading the pack. The market witnessed a shift from high concentration in 2023 to moderate concentration in 2024, indicating a more balanced import landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained positive at 2.63%, showcasing steady expansion in the import market for expanded thermoplastic polyurethane in Latvia.

Latvia Expanded Thermoplastic Polyurethane Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Expanded Thermoplastic Polyurethane Market Outlook
Market Size of Latvia Expanded Thermoplastic Polyurethane Market, 2024
Forecast of Latvia Expanded Thermoplastic Polyurethane Market, 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Revenues & Volume for the Period 2021- 2031
Latvia Expanded Thermoplastic Polyurethane Market Trend Evolution
Latvia Expanded Thermoplastic Polyurethane Market Drivers and Challenges
Latvia Expanded Thermoplastic Polyurethane Price Trends
Latvia Expanded Thermoplastic Polyurethane Porter's Five Forces
Latvia Expanded Thermoplastic Polyurethane Industry Life Cycle
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By Vehicle Construction for the Period 2021- 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By Sports and Leisure for the Period 2021- 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By Shoes Manufacturing for the Period 2021- 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By End-Use Industry for the Period 2021- 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By Leather & Allied Products Manufacturing for the Period 2021- 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By Automotive for the Period 2021- 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By Raw Material for the Period 2021- 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By Diisocyanate for the Period 2021- 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By Polyols for the Period 2021- 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By Diols for the Period 2021- 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By Type for the Period 2021- 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By Polyester for the Period 2021- 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By Polyether for the Period 2021- 2031
Historical Data and Forecast of Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume By Polycaprolactone for the Period 2021- 2031
Latvia Expanded Thermoplastic Polyurethane Import Export Trade Statistics
Market Opportunity Assessment By Application
Market Opportunity Assessment By End-Use Industry
Market Opportunity Assessment By Raw Material
Market Opportunity Assessment By Type
Latvia Expanded Thermoplastic Polyurethane Top Companies Market Share
Latvia Expanded Thermoplastic Polyurethane Competitive Benchmarking By Technical and Operational Parameters
Latvia Expanded Thermoplastic Polyurethane Company Profiles
Latvia Expanded Thermoplastic Polyurethane Key Strategic Recommendations

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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 Expanded Thermoplastic Polyurethane Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Expanded Thermoplastic Polyurethane Market - Industry Life Cycle

3.4 Latvia Expanded Thermoplastic Polyurethane Market - Porter's Five Forces

3.5 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume Share, By Application, 2021 & 2031F

3.6 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F

3.7 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume Share, By Raw Material, 2021 & 2031F

3.8 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume Share, By Type, 2021 & 2031F

4 Latvia Expanded Thermoplastic Polyurethane Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lightweight and durable materials in industries such as automotive, construction, and packaging

4.2.2 Growing focus on sustainable and eco-friendly materials

4.2.3 Technological advancements leading to the development of innovative applications for expanded thermoplastic polyurethane

4.3 Market Restraints

4.3.1 Volatility in raw material prices affecting production costs

4.3.2 Regulatory challenges related to environmental impact and recycling of thermoplastic polyurethane

4.3.3 Competition from alternative materials like expanded polystyrene and expanded polypropylene

5 Latvia Expanded Thermoplastic Polyurethane Market Trends

6 Latvia Expanded Thermoplastic Polyurethane Market, By Types

6.1 Latvia Expanded Thermoplastic Polyurethane Market, By Application

6.1.1 Overview and Analysis

6.1.2 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume, By Application, 2021- 2031F

6.1.3 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume, By Vehicle Construction, 2021- 2031F

6.1.4 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume, By Sports and Leisure, 2021- 2031F

6.1.5 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume, By Shoes Manufacturing, 2021- 2031F

6.2 Latvia Expanded Thermoplastic Polyurethane Market, By End-Use Industry

6.2.1 Overview and Analysis

6.2.2 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume, By Leather & Allied Products Manufacturing, 2021- 2031F

6.2.3 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume, By Automotive, 2021- 2031F

6.3 Latvia Expanded Thermoplastic Polyurethane Market, By Raw Material

6.3.1 Overview and Analysis

6.3.2 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume, By Diisocyanate, 2021- 2031F

6.3.3 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume, By Polyols, 2021- 2031F

6.3.4 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume, By Diols, 2021- 2031F

6.3.5 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume, By Others, 2021- 2031F

6.4 Latvia Expanded Thermoplastic Polyurethane Market, By Type

6.4.1 Overview and Analysis

6.4.2 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume, By Polyester, 2021- 2031F

6.4.3 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume, By Polyether, 2021- 2031F

6.4.4 Latvia Expanded Thermoplastic Polyurethane Market Revenues & Volume, By Polycaprolactone, 2021- 2031F

7 Latvia Expanded Thermoplastic Polyurethane Market Import-Export Trade Statistics

7.1 Latvia Expanded Thermoplastic Polyurethane Market Export to Major Countries

7.2 Latvia Expanded Thermoplastic Polyurethane Market Imports from Major Countries

8 Latvia Expanded Thermoplastic Polyurethane Market Key Performance Indicators

8.1 Adoption rate of expanded thermoplastic polyurethane in new applications

8.2 Research and development investment in expanding the product portfolio and improving product performance

8.3 Number of partnerships and collaborations with key industry players for market expansion

9 Latvia Expanded Thermoplastic Polyurethane Market - Opportunity Assessment

9.1 Latvia Expanded Thermoplastic Polyurethane Market Opportunity Assessment, By Application, 2021 & 2031F

9.2 Latvia Expanded Thermoplastic Polyurethane Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F

9.3 Latvia Expanded Thermoplastic Polyurethane Market Opportunity Assessment, By Raw Material, 2021 & 2031F

9.4 Latvia Expanded Thermoplastic Polyurethane Market Opportunity Assessment, By Type, 2021 & 2031F

10 Latvia Expanded Thermoplastic Polyurethane Market - Competitive Landscape

10.1 Latvia Expanded Thermoplastic Polyurethane Market Revenue Share, By Companies, 2024

10.2 Latvia Expanded Thermoplastic Polyurethane Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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