| Product Code: ETC4863199 | 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 |
Latvia`s persulfates import market in 2024 continued to be dominated by Lithuania, Germany, Austria, Belgium, and the UK. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the market saw a strong compound annual growth rate (CAGR) of 15.17% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -17.31%, indicating a potential shift or adjustment in the market dynamics during that period.

The Persulfates market in Latvia is projected to grow at a stable growth rate of 0.74% 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.

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 Persulfates Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Persulfates Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Persulfates Market - Industry Life Cycle |
3.4 Latvia Persulfates Market - Porter's Five Forces |
3.5 Latvia Persulfates Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Persulfates Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Persulfates Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Latvia Persulfates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for persulfates in various industries such as electronics, textiles, and water treatment due to their properties as oxidizing agents. |
4.2.2 Growing focus on environmental regulations and the shift towards eco-friendly products, as persulfates are considered environmentally friendly compared to alternative chemicals. |
4.2.3 Rising investments in research and development to innovate and enhance the applications of persulfates in different industries. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices, such as sodium peroxodisulfate and ammonium peroxodisulfate, which can impact the overall production cost of persulfates. |
4.3.2 Competition from substitute chemicals or products that offer similar functionalities at potentially lower prices, affecting the market share of persulfates. |
4.3.3 Challenges related to handling and storage of persulfates, as they can be hazardous if not managed properly, leading to safety concerns and regulatory compliance issues. |
5 Latvia Persulfates Market Trends |
6 Latvia Persulfates Market Segmentations |
6.1 Latvia Persulfates Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Persulfates Market Revenues & Volume, By Sodium Persulfate, 2021-2031F |
6.1.3 Latvia Persulfates Market Revenues & Volume, By Potassium Persulfate, 2021-2031F |
6.1.4 Latvia Persulfates Market Revenues & Volume, By Ammonium Persulfate, 2021-2031F |
6.2 Latvia Persulfates Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Persulfates Market Revenues & Volume, By Polymer Initiator, 2021-2031F |
6.2.3 Latvia Persulfates Market Revenues & Volume, By Enhanced Oil Recovery, 2021-2031F |
6.2.4 Latvia Persulfates Market Revenues & Volume, By Oxidation, Bleaching, and Sizing Agent, 2021-2031F |
6.2.5 Latvia Persulfates Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Persulfates Market, By End-user Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Persulfates Market Revenues & Volume, By Polymer, 2021-2031F |
6.3.3 Latvia Persulfates Market Revenues & Volume, By Pulp, Paper, and Textile, 2021-2031F |
6.3.4 Latvia Persulfates Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.5 Latvia Persulfates Market Revenues & Volume, By Cosmetics and Personal Care, 2021-2031F |
6.3.6 Latvia Persulfates Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.3.7 Latvia Persulfates Market Revenues & Volume, By Water Treatment, 2021-2031F |
6.3.8 Latvia Persulfates Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Latvia Persulfates Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Persulfates Market Import-Export Trade Statistics |
7.1 Latvia Persulfates Market Export to Major Countries |
7.2 Latvia Persulfates Market Imports from Major Countries |
8 Latvia Persulfates Market Key Performance Indicators |
8.1 Research and development investment in new persulfate applications. |
8.2 Adoption rate of persulfates in emerging industries or applications. |
8.3 Number of regulatory approvals for persulfate-based products in different sectors. |
8.4 Environmental impact assessments and certifications for persulfate production processes. |
9 Latvia Persulfates Market - Opportunity Assessment |
9.1 Latvia Persulfates Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Persulfates Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Persulfates Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Latvia Persulfates Market - Competitive Landscape |
10.1 Latvia Persulfates Market Revenue Share, By Companies, 2024 |
10.2 Latvia Persulfates Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |