| Product Code: ETC10799413 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Latvia continued to see significant imports of phenol technical material, with top exporters including Austria, Germany, China, Lithuania, and Metropolitan France. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 22.07%, with a notable growth rate of 25.23% from 2023 to 2024. This data suggests a strong demand for phenol technical material in Latvia, driven by imports from key exporting countries.

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 Phenol Technical Material Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Phenol Technical Material Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Phenol Technical Material Market - Industry Life Cycle |
3.4 Latvia Phenol Technical Material Market - Porter's Five Forces |
3.5 Latvia Phenol Technical Material Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Latvia Phenol Technical Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Phenol Technical Material Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Phenol Technical Material Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.9 Latvia Phenol Technical Material Market Revenues & Volume Share, By Key Feature, 2021 & 2031F |
4 Latvia Phenol Technical Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for phenol-based products in various industries such as automotive, construction, and electronics. |
4.2.2 Increasing focus on sustainable and eco-friendly materials driving the adoption of phenol technical materials. |
4.2.3 Technological advancements leading to the development of new and improved phenol-based products. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of phenol technical materials. |
4.3.2 Stringent regulations related to environmental impact and safety standards affecting the market growth. |
4.3.3 Competition from alternative materials and substitutes limiting the market expansion. |
5 Latvia Phenol Technical Material Market Trends |
6 Latvia Phenol Technical Material Market, By Types |
6.1 Latvia Phenol Technical Material Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Latvia Phenol Technical Material Market Revenues & Volume, By Grade, 2021 - 2031F |
6.1.3 Latvia Phenol Technical Material Market Revenues & Volume, By Industrial Grade, 2021 - 2031F |
6.1.4 Latvia Phenol Technical Material Market Revenues & Volume, By Pharmaceutical Grade, 2021 - 2031F |
6.1.5 Latvia Phenol Technical Material Market Revenues & Volume, By Food Grade, 2021 - 2031F |
6.1.6 Latvia Phenol Technical Material Market Revenues & Volume, By Cosmetic Grade, 2021 - 2031F |
6.1.7 Latvia Phenol Technical Material Market Revenues & Volume, By Laboratory Grade, 2021 - 2031F |
6.2 Latvia Phenol Technical Material Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Phenol Technical Material Market Revenues & Volume, By Phenolic Resins, 2021 - 2031F |
6.2.3 Latvia Phenol Technical Material Market Revenues & Volume, By Disinfectants, 2021 - 2031F |
6.2.4 Latvia Phenol Technical Material Market Revenues & Volume, By Preservatives, 2021 - 2031F |
6.2.5 Latvia Phenol Technical Material Market Revenues & Volume, By Skincare & Fragrances, 2021 - 2031F |
6.2.6 Latvia Phenol Technical Material Market Revenues & Volume, By Research & Testing, 2021 - 2031F |
6.3 Latvia Phenol Technical Material Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Phenol Technical Material Market Revenues & Volume, By Chemical Industry, 2021 - 2031F |
6.3.3 Latvia Phenol Technical Material Market Revenues & Volume, By Pharma & Healthcare, 2021 - 2031F |
6.3.4 Latvia Phenol Technical Material Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
6.3.5 Latvia Phenol Technical Material Market Revenues & Volume, By Personal Care, 2021 - 2031F |
6.3.6 Latvia Phenol Technical Material Market Revenues & Volume, By Academic & Research Labs, 2021 - 2031F |
6.4 Latvia Phenol Technical Material Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Latvia Phenol Technical Material Market Revenues & Volume, By Solid, 2021 - 2031F |
6.4.3 Latvia Phenol Technical Material Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.4.4 Latvia Phenol Technical Material Market Revenues & Volume, By Powder, 2021 - 2031F |
6.4.5 Latvia Phenol Technical Material Market Revenues & Volume, By Gel, 2021 - 2031F |
6.4.6 Latvia Phenol Technical Material Market Revenues & Volume, By Crystals, 2021 - 2031F |
6.5 Latvia Phenol Technical Material Market, By Key Feature |
6.5.1 Overview and Analysis |
6.5.2 Latvia Phenol Technical Material Market Revenues & Volume, By High Purity, 2021 - 2031F |
6.5.3 Latvia Phenol Technical Material Market Revenues & Volume, By Antiseptic Properties, 2021 - 2031F |
6.5.4 Latvia Phenol Technical Material Market Revenues & Volume, By FDA-Approved, 2021 - 2031F |
6.5.5 Latvia Phenol Technical Material Market Revenues & Volume, By Non-Toxic Formulation, 2021 - 2031F |
6.5.6 Latvia Phenol Technical Material Market Revenues & Volume, By High Stability, 2021 - 2031F |
7 Latvia Phenol Technical Material Market Import-Export Trade Statistics |
7.1 Latvia Phenol Technical Material Market Export to Major Countries |
7.2 Latvia Phenol Technical Material Market Imports from Major Countries |
8 Latvia Phenol Technical Material Market Key Performance Indicators |
8.1 Research and development investment in eco-friendly production processes for phenol technical materials. |
8.2 Percentage of market share held by phenol technical materials in key industries. |
8.3 Number of new product launches and innovations in the phenol technical material market. |
9 Latvia Phenol Technical Material Market - Opportunity Assessment |
9.1 Latvia Phenol Technical Material Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Latvia Phenol Technical Material Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Phenol Technical Material Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Phenol Technical Material Market Opportunity Assessment, By Form, 2021 & 2031F |
9.5 Latvia Phenol Technical Material Market Opportunity Assessment, By Key Feature, 2021 & 2031F |
10 Latvia Phenol Technical Material Market - Competitive Landscape |
10.1 Latvia Phenol Technical Material Market Revenue Share, By Companies, 2024 |
10.2 Latvia Phenol Technical Material 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.
To discover high-growth global markets and optimize your business strategy:
Click Here