Latvia Modacrylic Fiber Market (2025-2031) | Industry, Analysis, Trends, Size, Growth, Share, Value, Companies, Revenue, Outlook, Segmentation & Forecast
Market Forecast By Applications (Protective Apparel, Hair Fiber, Industrial Fabric, Modacrylic Pile, Upholstery and Household, Other Applications) And Competitive Landscape
| Product Code: ETC4813856 | 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 | |
Latvia Modacrylic Fiber Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Despite a decline in the Compound Annual Growth Rate (CAGR) and negative growth rate in 2024, Latvia continues to heavily rely on imports of modacrylic fiber, with top suppliers being Poland, Turkey, Portugal, China, and Indonesia. The high Herfindahl-Hirschman Index (HHI) concentration indicates a market dominated by a few key players. It will be crucial for Latvia to diversify its import sources and explore strategies to stimulate demand and improve market conditions in the coming years.
Modacrylic Fiber Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
The Modacrylic Fiber market in Latvia is projected to grow at a stable growth rate of 2.18% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Key Highlights of the Report:
- Latvia Modacrylic Fiber Market Outlook
- Market Size of Latvia Modacrylic Fiber Market, 2024
- Forecast of Latvia Modacrylic Fiber Market, 2031
- Historical Data and Forecast of Latvia Modacrylic Fiber Revenues & Volume for the Period 2021-2031
- Latvia Modacrylic Fiber Market Trend Evolution
- Latvia Modacrylic Fiber Market Drivers and Challenges
- Latvia Modacrylic Fiber Price Trends
- Latvia Modacrylic Fiber Porter`s Five Forces
- Latvia Modacrylic Fiber Industry Life Cycle
- Historical Data and Forecast of Latvia Modacrylic Fiber Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of Latvia Modacrylic Fiber Market Revenues & Volume By Protective Apparel for the Period 2021-2031
- Historical Data and Forecast of Latvia Modacrylic Fiber Market Revenues & Volume By Hair Fiber for the Period 2021-2031
- Historical Data and Forecast of Latvia Modacrylic Fiber Market Revenues & Volume By Industrial Fabric for the Period 2021-2031
- Historical Data and Forecast of Latvia Modacrylic Fiber Market Revenues & Volume By Modacrylic Pile for the Period 2021-2031
- Historical Data and Forecast of Latvia Modacrylic Fiber Market Revenues & Volume By Upholstery and Household for the Period 2021-2031
- Historical Data and Forecast of Latvia Modacrylic Fiber Market Revenues & Volume By Other Applications for the Period 2021-2031
- Latvia Modacrylic Fiber Import Export Trade Statistics
- Market Opportunity Assessment By Applications
- Latvia Modacrylic Fiber Top Companies Market Share
- Latvia Modacrylic Fiber Competitive Benchmarking By Technical and Operational Parameters
- Latvia Modacrylic Fiber Company Profiles
- Latvia Modacrylic Fiber Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Modacrylic Fiber Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Modacrylic Fiber Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Modacrylic Fiber Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Modacrylic Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Modacrylic Fiber Market - Industry Life Cycle |
3.4 Latvia Modacrylic Fiber Market - Porter's Five Forces |
3.5 Latvia Modacrylic Fiber Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Modacrylic Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for flame-retardant textiles in industries such as automotive and construction |
4.2.2 Growing awareness about the benefits of modacrylic fibers such as durability and resistance to chemicals |
4.2.3 Shift towards sustainable and eco-friendly textiles in the fashion industry |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials affecting the production cost of modacrylic fibers |
4.3.2 Competition from other synthetic fibers like polyester and acrylic |
4.3.3 Impact of economic conditions on consumer purchasing power |
5 Latvia Modacrylic Fiber Market Trends |
6 Latvia Modacrylic Fiber Market Segmentations |
6.1 Latvia Modacrylic Fiber Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Latvia Modacrylic Fiber Market Revenues & Volume, By Protective Apparel, 2021-2031F |
6.1.3 Latvia Modacrylic Fiber Market Revenues & Volume, By Hair Fiber, 2021-2031F |
6.1.4 Latvia Modacrylic Fiber Market Revenues & Volume, By Industrial Fabric, 2021-2031F |
6.1.5 Latvia Modacrylic Fiber Market Revenues & Volume, By Modacrylic Pile, 2021-2031F |
6.1.6 Latvia Modacrylic Fiber Market Revenues & Volume, By Upholstery and Household, 2021-2031F |
6.1.7 Latvia Modacrylic Fiber Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Latvia Modacrylic Fiber Market Import-Export Trade Statistics |
7.1 Latvia Modacrylic Fiber Market Export to Major Countries |
7.2 Latvia Modacrylic Fiber Market Imports from Major Countries |
8 Latvia Modacrylic Fiber Market Key Performance Indicators |
8.1 Percentage of market penetration in key industries (automotive, construction, fashion) |
8.2 Research and development investment in improving modacrylic fiber properties |
8.3 Adoption rate of modacrylic fibers in new applications such as protective clothing |
9 Latvia Modacrylic Fiber Market - Opportunity Assessment |
9.1 Latvia Modacrylic Fiber Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Modacrylic Fiber Market - Competitive Landscape |
10.1 Latvia Modacrylic Fiber Market Revenue Share, By Companies, 2024 |
10.2 Latvia Modacrylic Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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