| Product Code: ETC5045542 | 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 plastic adhesives import market in 2024 saw significant contributions from top exporting countries like Germany, Estonia, Finland, Sweden, and Lithuania. Despite a low Herfindahl-Hirschman Index indicating low concentration, the market experienced a negative compound annual growth rate of -4.86% from 2020-24. The growth rate in 2024 dropped further by -14.13%, suggesting potential challenges or shifts in the market dynamics. Stakeholders in the plastic adhesives industry should closely monitor these trends and adapt their strategies to navigate the evolving landscape in Latvia.

Latvia's Plastic Adhesives market is anticipated to experience a stable growth rate of 3.34% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Plastic Adhesives Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plastic Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plastic Adhesives Market - Industry Life Cycle |
3.4 Latvia Plastic Adhesives Market - Porter's Five Forces |
3.5 Latvia Plastic Adhesives Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Latvia Plastic Adhesives Market Revenues & Volume Share, By Substrate, 2021 & 2031F |
3.7 Latvia Plastic Adhesives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Plastic Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and aerospace industries |
4.2.2 Growing construction activities and infrastructure development in Latvia |
4.2.3 Rising adoption of plastic adhesives in various end-use industries for bonding applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations related to the use of certain chemicals in plastic adhesives |
4.3.3 Competition from alternative bonding technologies such as mechanical fasteners |
5 Latvia Plastic Adhesives Market Trends |
6 Latvia Plastic Adhesives Market Segmentations |
6.1 Latvia Plastic Adhesives Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plastic Adhesives Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.3 Latvia Plastic Adhesives Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.4 Latvia Plastic Adhesives Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.5 Latvia Plastic Adhesives Market Revenues & Volume, By Silicone, 2021-2031F |
6.1.6 Latvia Plastic Adhesives Market Revenues & Volume, By MMA, 2021-2031F |
6.1.7 Latvia Plastic Adhesives Market Revenues & Volume, By Cyanoacrylate, 2021-2031F |
6.2 Latvia Plastic Adhesives Market, By Substrate |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plastic Adhesives Market Revenues & Volume, By PE, 2021-2031F |
6.2.3 Latvia Plastic Adhesives Market Revenues & Volume, By PP, 2021-2031F |
6.2.4 Latvia Plastic Adhesives Market Revenues & Volume, By PVC, 2021-2031F |
6.2.5 Latvia Plastic Adhesives Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Plastic Adhesives Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Plastic Adhesives Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Latvia Plastic Adhesives Market Revenues & Volume, By Building & Costruction, 2021-2031F |
6.3.4 Latvia Plastic Adhesives Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Latvia Plastic Adhesives Market Revenues & Volume, By Assembly, 2021-2031F |
6.3.6 Latvia Plastic Adhesives Market Revenues & Volume, By Medical, 2021-2031F |
6.3.7 Latvia Plastic Adhesives Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Plastic Adhesives Market Import-Export Trade Statistics |
7.1 Latvia Plastic Adhesives Market Export to Major Countries |
7.2 Latvia Plastic Adhesives Market Imports from Major Countries |
8 Latvia Plastic Adhesives Market Key Performance Indicators |
8.1 Research and development investment in innovative adhesive formulations |
8.2 Adoption rate of environmentally friendly and sustainable plastic adhesives |
8.3 Number of patents filed for new adhesive technologies |
8.4 Percentage of market share held by bio-based plastic adhesives |
8.5 Customer satisfaction and loyalty metrics for plastic adhesive products |
9 Latvia Plastic Adhesives Market - Opportunity Assessment |
9.1 Latvia Plastic Adhesives Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Latvia Plastic Adhesives Market Opportunity Assessment, By Substrate, 2021 & 2031F |
9.3 Latvia Plastic Adhesives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Plastic Adhesives Market - Competitive Landscape |
10.1 Latvia Plastic Adhesives Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plastic Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |