| Product Code: ETC12753781 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia continued to rely on imports of noble gases, with top suppliers being Austria, Finland, Estonia, Czechia, and Lithuania. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 14.04%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, highlighting the dominant position of these key exporting countries in supplying noble gases to Latvia. Continued monitoring of market dynamics and competitive landscape will be crucial for stakeholders in the noble gases 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 Noble Gases Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Noble Gases Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Noble Gases Market - Industry Life Cycle |
3.4 Latvia Noble Gases Market - Porter's Five Forces |
3.5 Latvia Noble Gases Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Noble Gases Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Noble Gases Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Noble Gases Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for noble gases in various industries such as healthcare, electronics, and manufacturing |
4.2.2 Growing emphasis on sustainable practices and environmental regulations favoring the use of noble gases |
4.2.3 Technological advancements leading to new applications and increased adoption of noble gases |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials affecting the production cost of noble gases |
4.3.2 Intense competition from substitute gases and alternative technologies |
4.3.3 Economic uncertainties impacting investments and consumer spending in key industries |
5 Latvia Noble Gases Market Trends |
6 Latvia Noble Gases Market, By Types |
6.1 Latvia Noble Gases Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Noble Gases Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Noble Gases Market Revenues & Volume, By Helium, 2021 - 2031F |
6.1.4 Latvia Noble Gases Market Revenues & Volume, By Neon, 2021 - 2031F |
6.1.5 Latvia Noble Gases Market Revenues & Volume, By Argon, 2021 - 2031F |
6.1.6 Latvia Noble Gases Market Revenues & Volume, By Krypton, 2021 - 2031F |
6.2 Latvia Noble Gases Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Noble Gases Market Revenues & Volume, By Cryogenics, 2021 - 2031F |
6.2.3 Latvia Noble Gases Market Revenues & Volume, By Lighting, 2021 - 2031F |
6.2.4 Latvia Noble Gases Market Revenues & Volume, By Welding, 2021 - 2031F |
6.2.5 Latvia Noble Gases Market Revenues & Volume, By Insulation, 2021 - 2031F |
6.3 Latvia Noble Gases Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Noble Gases Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.3 Latvia Noble Gases Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.3.4 Latvia Noble Gases Market Revenues & Volume, By Metal Industry, 2021 - 2031F |
6.3.5 Latvia Noble Gases Market Revenues & Volume, By Construction, 2021 - 2031F |
7 Latvia Noble Gases Market Import-Export Trade Statistics |
7.1 Latvia Noble Gases Market Export to Major Countries |
7.2 Latvia Noble Gases Market Imports from Major Countries |
8 Latvia Noble Gases Market Key Performance Indicators |
8.1 Research and development investment in noble gas technologies |
8.2 Number of patents filed for new noble gas applications |
8.3 Percentage of industrial processes using noble gases for enhanced efficiency |
8.4 Adoption rate of noble gas technologies in emerging sectors such as renewable energy and aerospace |
8.5 Environmental impact assessments and compliance levels in noble gas production and usage |
9 Latvia Noble Gases Market - Opportunity Assessment |
9.1 Latvia Noble Gases Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Noble Gases Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Noble Gases Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Noble Gases Market - Competitive Landscape |
10.1 Latvia Noble Gases Market Revenue Share, By Companies, 2024 |
10.2 Latvia Noble Gases Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |