| Product Code: ETC13004149 | 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 |
The import shipments of polyisoprene technical material in Latvia in 2024 saw a shift in concentration levels from high to moderate, indicating a more diversified import market. The top exporting countries to Latvia, including Lithuania, Poland, Russia, Sweden, and Germany, continue to play a significant role in supplying this material. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remains impressive at 66.11%, reflecting sustained demand and potential opportunities in the market for polyisoprene technical material.

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 Polyisoprene Technical Material Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyisoprene Technical Material Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyisoprene Technical Material Market - Industry Life Cycle |
3.4 Latvia Polyisoprene Technical Material Market - Porter's Five Forces |
3.5 Latvia Polyisoprene Technical Material Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polyisoprene Technical Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Polyisoprene Technical Material Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Latvia Polyisoprene Technical Material Market Revenues & Volume Share, By Grade, 2021 & 2031F |
4 Latvia Polyisoprene Technical Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable materials in various industries |
4.2.2 Growing focus on research and development activities in the field of technical materials |
4.2.3 Favorable government regulations supporting the use of polyisoprene materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from other synthetic and natural rubber alternatives in the market |
5 Latvia Polyisoprene Technical Material Market Trends |
6 Latvia Polyisoprene Technical Material Market, By Types |
6.1 Latvia Polyisoprene Technical Material Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Synthetic Polyisoprene, 2021 - 2031F |
6.1.4 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Natural Rubber, 2021 - 2031F |
6.1.5 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Latex, 2021 - 2031F |
6.1.6 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Thermoplastic Polyisoprene, 2021 - 2031F |
6.2 Latvia Polyisoprene Technical Material Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Medical Gloves, 2021 - 2031F |
6.2.3 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Automotive Tires, 2021 - 2031F |
6.2.4 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Industrial Products, 2021 - 2031F |
6.2.5 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Footwear, 2021 - 2031F |
6.3 Latvia Polyisoprene Technical Material Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.3 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
6.4 Latvia Polyisoprene Technical Material Market, By Grade |
6.4.1 Overview and Analysis |
6.4.2 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Standard, 2021 - 2031F |
6.4.3 Latvia Polyisoprene Technical Material Market Revenues & Volume, By High Purity, 2021 - 2031F |
6.4.4 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Specialty, 2021 - 2031F |
6.4.5 Latvia Polyisoprene Technical Material Market Revenues & Volume, By Others, 2021 - 2031F |
7 Latvia Polyisoprene Technical Material Market Import-Export Trade Statistics |
7.1 Latvia Polyisoprene Technical Material Market Export to Major Countries |
7.2 Latvia Polyisoprene Technical Material Market Imports from Major Countries |
8 Latvia Polyisoprene Technical Material Market Key Performance Indicators |
8.1 Research and development investment in polyisoprene materials |
8.2 Adoption rate of polyisoprene materials in key industries |
8.3 Percentage of companies using eco-friendly materials in their manufacturing processes |
9 Latvia Polyisoprene Technical Material Market - Opportunity Assessment |
9.1 Latvia Polyisoprene Technical Material Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polyisoprene Technical Material Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Polyisoprene Technical Material Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Latvia Polyisoprene Technical Material Market Opportunity Assessment, By Grade, 2021 & 2031F |
10 Latvia Polyisoprene Technical Material Market - Competitive Landscape |
10.1 Latvia Polyisoprene Technical Material Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyisoprene 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.
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