| Product Code: ETC5646683 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Latvia continued to see significant imports of fluid loss additives, with top exporting countries being Poland, Lithuania, Germany, Estonia, and Metropolitan France. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for 2020-2024 stood strong at 14.09%, highlighting the sustained demand for these additives in the Latvian market. This data suggests a steady and promising outlook for the fluid loss additives industry 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 Fluid Loss Additives Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Fluid Loss Additives Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Fluid Loss Additives Market - Industry Life Cycle | 
| 3.4 Latvia Fluid Loss Additives Market - Porter's Five Forces | 
| 3.5 Latvia Fluid Loss Additives Market Revenues & Volume Share, By Type, 2021 & 2031F | 
| 3.6 Latvia Fluid Loss Additives Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 4 Latvia Fluid Loss Additives Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Growing demand for oilfield chemicals due to increased drilling activities in Latvia | 
| 4.2.2 Technological advancements leading to the development of more effective fluid loss additives | 
| 4.2.3 Government initiatives promoting domestic oil and gas production in Latvia | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuating crude oil prices affecting investment decisions in oil and gas exploration | 
| 4.3.2 Environmental concerns related to the use of chemical additives in drilling operations | 
| 5 Latvia Fluid Loss Additives Market Trends | 
| 6 Latvia Fluid Loss Additives Market Segmentations | 
| 6.1 Latvia Fluid Loss Additives Market, By Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Fluid Loss Additives Market Revenues & Volume, By Synthetically Modified Natural Additives, 2021-2031F | 
| 6.1.3 Latvia Fluid Loss Additives Market Revenues & Volume, By Synthetic Additives, 2021-2031F | 
| 6.1.4 Latvia Fluid Loss Additives Market Revenues & Volume, By Natural Additives, 2021-2031F | 
| 6.2 Latvia Fluid Loss Additives Market, By Application | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Fluid Loss Additives Market Revenues & Volume, By Drilling Fluid, 2021-2031F | 
| 6.2.3 Latvia Fluid Loss Additives Market Revenues & Volume, By Cement Slurry, 2021-2031F | 
| 7 Latvia Fluid Loss Additives Market Import-Export Trade Statistics | 
| 7.1 Latvia Fluid Loss Additives Market Export to Major Countries | 
| 7.2 Latvia Fluid Loss Additives Market Imports from Major Countries | 
| 8 Latvia Fluid Loss Additives Market Key Performance Indicators | 
| 8.1 Research and development investment in new fluid loss additive technologies | 
| 8.2 Number of drilling projects using fluid loss additives in Latvia | 
| 8.3 Environmental impact assessments and compliance measures taken by fluid loss additive manufacturers | 
| 9 Latvia Fluid Loss Additives Market - Opportunity Assessment | 
| 9.1 Latvia Fluid Loss Additives Market Opportunity Assessment, By Type, 2021 & 2031F | 
| 9.2 Latvia Fluid Loss Additives Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 10 Latvia Fluid Loss Additives Market - Competitive Landscape | 
| 10.1 Latvia Fluid Loss Additives Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Fluid Loss Additives Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |