| Product Code: ETC4705461 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of Methyl Ethyl Ketone (MEK) in Latvia saw significant growth in 2024, with top exporting countries being Germany, Poland, China, Estonia, and Belgium. The increasing concentration of Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a solid 6.76%, while the growth rate from 2023 to 2024 spiked at an impressive 30.27%. These figures suggest a growing demand for MEK in Latvia and highlight the importance of monitoring market trends and dynamics in the chemical 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 Methyl Ethyl Ketone (MEK) Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Methyl Ethyl Ketone (MEK) Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Methyl Ethyl Ketone (MEK) Market - Industry Life Cycle |
3.4 Latvia Methyl Ethyl Ketone (MEK) Market - Porter's Five Forces |
3.5 Latvia Methyl Ethyl Ketone (MEK) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Methyl Ethyl Ketone (MEK) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Methyl Ethyl Ketone (MEK) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from end-use industries such as paints and coatings, adhesives, printing inks, etc. |
4.2.2 Increasing investments in infrastructure and construction projects in Latvia. |
4.2.3 Rising industrial activities and manufacturing sector in the country. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs. |
4.3.2 Stringent regulations related to environmental concerns and worker safety. |
4.3.3 Competition from substitutes like acetone and methyl isobutyl ketone (MIBK). |
5 Latvia Methyl Ethyl Ketone (MEK) Market Trends |
6 Latvia Methyl Ethyl Ketone (MEK) Market Segmentations |
6.1 Latvia Methyl Ethyl Ketone (MEK) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By General Grade, 2021-2031F |
6.1.3 Latvia Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Ammonia Ester Grade, 2021-2031F |
6.1.4 Latvia Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Other, 2021-2031F |
6.2 Latvia Methyl Ethyl Ketone (MEK) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.3 Latvia Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Adhesives, 2021-2031F |
6.2.4 Latvia Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Inks, 2021-2031F |
6.2.5 Latvia Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Chemical Intermediates, 2021-2031F |
6.2.6 Latvia Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Lubricants, 2021-2031F |
6.2.7 Latvia Methyl Ethyl Ketone (MEK) Market Revenues & Volume, By Other, 2021-2031F |
7 Latvia Methyl Ethyl Ketone (MEK) Market Import-Export Trade Statistics |
7.1 Latvia Methyl Ethyl Ketone (MEK) Market Export to Major Countries |
7.2 Latvia Methyl Ethyl Ketone (MEK) Market Imports from Major Countries |
8 Latvia Methyl Ethyl Ketone (MEK) Market Key Performance Indicators |
8.1 Capacity utilization rate of MEK manufacturers in Latvia. |
8.2 Average selling price of MEK in the market. |
8.3 Import/export volume of MEK in Latvia. |
8.4 Utilization rate of MEK in key end-use industries in Latvia. |
8.5 Regulatory compliance rate among MEK manufacturers in the country. |
9 Latvia Methyl Ethyl Ketone (MEK) Market - Opportunity Assessment |
9.1 Latvia Methyl Ethyl Ketone (MEK) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Methyl Ethyl Ketone (MEK) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Methyl Ethyl Ketone (MEK) Market - Competitive Landscape |
10.1 Latvia Methyl Ethyl Ketone (MEK) Market Revenue Share, By Companies, 2024 |
10.2 Latvia Methyl Ethyl Ketone (MEK) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |