| Product Code: ETC5651338 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to experience a significant influx of plasticizers imports, with top exporting countries including Netherlands, Czechia, Lithuania, Germany, and Estonia. The market concentration, as measured by the HHI, remained very high, indicating a concentrated market structure. The impressive compound annual growth rate (CAGR) of 40.3% from 2020 to 2024 reflects the robust expansion of the plasticizers market in Latvia. Furthermore, the notable growth rate of 43.67% from 2023 to 2024 suggests sustained momentum in import shipments, pointing towards a thriving industry landscape.

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 Plasticizers Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plasticizers Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plasticizers Market - Industry Life Cycle |
3.4 Latvia Plasticizers Market - Porter's Five Forces |
3.5 Latvia Plasticizers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Plasticizers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Plasticizers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for PVC products in various industries such as construction, automotive, and packaging |
4.2.2 Growing awareness about the benefits of using eco-friendly and bio-based plasticizers |
4.2.3 Government initiatives promoting the use of sustainable materials in manufacturing processes |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, especially for petrochemical-based plasticizers |
4.3.2 Stringent regulations regarding the use of certain types of plasticizers due to environmental and health concerns |
4.3.3 Competition from alternative additives and materials in the market |
5 Latvia Plasticizers Market Trends |
6 Latvia Plasticizers Market Segmentations |
6.1 Latvia Plasticizers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plasticizers Market Revenues & Volume, By Phthalates, 2021-2031F |
6.1.3 Latvia Plasticizers Market Revenues & Volume, By Non-Phthalates, 2021-2031F |
6.2 Latvia Plasticizers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plasticizers Market Revenues & Volume, By Flooring & Wall Covering, 2021-2031F |
6.2.3 Latvia Plasticizers Market Revenues & Volume, By Wire & Cable, 2021-2031F |
6.2.4 Latvia Plasticizers Market Revenues & Volume, By Coated Fabric, 2021-2031F |
6.2.5 Latvia Plasticizers Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.6 Latvia Plasticizers Market Revenues & Volume, By Film & Sheet, 2021-2031F |
7 Latvia Plasticizers Market Import-Export Trade Statistics |
7.1 Latvia Plasticizers Market Export to Major Countries |
7.2 Latvia Plasticizers Market Imports from Major Countries |
8 Latvia Plasticizers Market Key Performance Indicators |
8.1 Percentage increase in the adoption of bio-based plasticizers in the Latvian market |
8.2 Growth rate of the PVC products manufacturing sector in Latvia |
8.3 Number of new product launches in the eco-friendly plasticizers segment in Latvia |
9 Latvia Plasticizers Market - Opportunity Assessment |
9.1 Latvia Plasticizers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Plasticizers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Plasticizers Market - Competitive Landscape |
10.1 Latvia Plasticizers Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plasticizers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |