| Product Code: ETC7912334 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Latvia saw a notable shift in the import shipments of green and bio-based solvents, with top exporters being the Netherlands, Germany, Poland, Lithuania, and Estonia. The market showed a decrease in concentration levels, moving from moderate to low concentration according to the HHI index. Despite a dip in growth rate from 2023 to 2024, the overall compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 5.46%. This data suggests a dynamic market landscape with potential for further diversification and opportunities for market players in the green and bio-based solvents sector.
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 Green and Bio-Based Solvents Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Green and Bio-Based Solvents Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Green and Bio-Based Solvents Market - Industry Life Cycle |
3.4 Latvia Green and Bio-Based Solvents Market - Porter's Five Forces |
3.5 Latvia Green and Bio-Based Solvents Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Green and Bio-Based Solvents Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Green and Bio-Based Solvents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of eco-friendly products and sustainability initiatives in Latvia |
4.2.2 Stringent regulations and policies promoting the use of green and bio-based solvents |
4.2.3 Growing demand for environmentally friendly alternatives in various industries |
4.3 Market Restraints |
4.3.1 High production costs associated with green and bio-based solvents |
4.3.2 Limited availability of raw materials for manufacturing green and bio-based solvents |
4.3.3 Lack of awareness and education among consumers and businesses about the benefits of using green and bio-based solvents |
5 Latvia Green and Bio-Based Solvents Market Trends |
6 Latvia Green and Bio-Based Solvents Market, By Types |
6.1 Latvia Green and Bio-Based Solvents Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Green and Bio-Based Solvents Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Green and Bio-Based Solvents Market Revenues & Volume, By Bio-alcohols, 2021- 2031F |
6.1.4 Latvia Green and Bio-Based Solvents Market Revenues & Volume, By Bio-glycols, 2021- 2031F |
6.1.5 Latvia Green and Bio-Based Solvents Market Revenues & Volume, By Bio-diols, 2021- 2031F |
6.1.6 Latvia Green and Bio-Based Solvents Market Revenues & Volume, By Ethyl Lactate, 2021- 2031F |
6.1.7 Latvia Green and Bio-Based Solvents Market Revenues & Volume, By D-limonene, Methyl Soyate, 2021- 2031F |
6.1.8 Latvia Green and Bio-Based Solvents Market Revenues & Volume, By Other Types, 2021- 2031F |
6.2 Latvia Green and Bio-Based Solvents Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Green and Bio-Based Solvents Market Revenues & Volume, By Paints and Coatings, 2021- 2031F |
6.2.3 Latvia Green and Bio-Based Solvents Market Revenues & Volume, By Industrial and Domestic Cleaning, 2021- 2031F |
6.2.4 Latvia Green and Bio-Based Solvents Market Revenues & Volume, By Printing Inks, 2021- 2031F |
6.2.5 Latvia Green and Bio-Based Solvents Market Revenues & Volume, By Adhesives and Sealants, 2021- 2031F |
6.2.6 Latvia Green and Bio-Based Solvents Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.2.7 Latvia Green and Bio-Based Solvents Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.2.8 Latvia Green and Bio-Based Solvents Market Revenues & Volume, By Other Applications, 2021- 2031F |
6.2.9 Latvia Green and Bio-Based Solvents Market Revenues & Volume, By Other Applications, 2021- 2031F |
7 Latvia Green and Bio-Based Solvents Market Import-Export Trade Statistics |
7.1 Latvia Green and Bio-Based Solvents Market Export to Major Countries |
7.2 Latvia Green and Bio-Based Solvents Market Imports from Major Countries |
8 Latvia Green and Bio-Based Solvents Market Key Performance Indicators |
8.1 Percentage of companies in Latvia adopting green and bio-based solvents in their operations |
8.2 Number of new product developments and innovations in the green and bio-based solvents market |
8.3 Carbon footprint reduction achieved by the use of green and bio-based solvents in Latvia |
9 Latvia Green and Bio-Based Solvents Market - Opportunity Assessment |
9.1 Latvia Green and Bio-Based Solvents Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Green and Bio-Based Solvents Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Green and Bio-Based Solvents Market - Competitive Landscape |
10.1 Latvia Green and Bio-Based Solvents Market Revenue Share, By Companies, 2024 |
10.2 Latvia Green and Bio-Based Solvents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |