| Product Code: ETC5725020 | 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 impact modifiers in 2024 were primarily sourced from key European countries including Germany, Finland, Netherlands, Metropolitan France, and Poland. The market showed moderate concentration with a stable HHI in 2024. The industry experienced steady growth with a notable compound annual growth rate (CAGR) of 4.86% from 2020 to 2024. The growth momentum continued into 2024 with a growth rate of 1.35% compared to the previous year, indicating a positive outlook for the impact modifiers market 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 Impact Modifiers Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Impact Modifiers Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Impact Modifiers Market - Industry Life Cycle |
3.4 Latvia Impact Modifiers Market - Porter's Five Forces |
3.5 Latvia Impact Modifiers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Impact Modifiers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Impact Modifiers Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Latvia Impact Modifiers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for impact modifiers in various industries such as construction, automotive, and packaging due to their ability to enhance properties of materials. |
4.2.2 Growing focus on sustainable and eco-friendly impact modifiers to meet regulatory requirements and consumer preferences. |
4.2.3 Rising investments in research and development for developing advanced impact modifiers with improved performance characteristics. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in impact modifiers production affecting overall production costs and pricing strategies. |
4.3.2 Stringent regulations on chemical compositions and environmental impact of impact modifiers leading to compliance challenges for manufacturers. |
4.3.3 Intense competition among key market players leading to pricing pressures and innovation demands. |
5 Latvia Impact Modifiers Market Trends |
6 Latvia Impact Modifiers Market Segmentations |
6.1 Latvia Impact Modifiers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Impact Modifiers Market Revenues & Volume, By ABS, 2021-2031F |
6.1.3 Latvia Impact Modifiers Market Revenues & Volume, By AIM, 2021-2031F |
6.1.4 Latvia Impact Modifiers Market Revenues & Volume, By ASA, 2021-2031F |
6.1.5 Latvia Impact Modifiers Market Revenues & Volume, By MBS, 2021-2031F |
6.1.6 Latvia Impact Modifiers Market Revenues & Volume, By EPDM, 2021-2031F |
6.1.7 Latvia Impact Modifiers Market Revenues & Volume, By CPE, 2021-2031F |
6.2 Latvia Impact Modifiers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Impact Modifiers Market Revenues & Volume, By PVC, 2021-2031F |
6.2.3 Latvia Impact Modifiers Market Revenues & Volume, By Polyamide, 2021-2031F |
6.2.4 Latvia Impact Modifiers Market Revenues & Volume, By Polyesters, 2021-2031F |
6.2.5 Latvia Impact Modifiers Market Revenues & Volume, By Engineering Plastics, 2021-2031F |
6.3 Latvia Impact Modifiers Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Impact Modifiers Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Latvia Impact Modifiers Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Latvia Impact Modifiers Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.3.5 Latvia Impact Modifiers Market Revenues & Volume, By Automotive, 2021-2031F |
7 Latvia Impact Modifiers Market Import-Export Trade Statistics |
7.1 Latvia Impact Modifiers Market Export to Major Countries |
7.2 Latvia Impact Modifiers Market Imports from Major Countries |
8 Latvia Impact Modifiers Market Key Performance Indicators |
8.1 Percentage of market share held by sustainable impact modifiers in the Latvia market. |
8.2 Number of patents filed for new impact modifier formulations or technologies. |
8.3 Percentage of revenue invested in RD for developing next-generation impact modifiers. |
9 Latvia Impact Modifiers Market - Opportunity Assessment |
9.1 Latvia Impact Modifiers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Impact Modifiers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Impact Modifiers Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Latvia Impact Modifiers Market - Competitive Landscape |
10.1 Latvia Impact Modifiers Market Revenue Share, By Companies, 2024 |
10.2 Latvia Impact Modifiers 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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