Latvia Polymer Modified Bitumen Market (2025-2031) | Competitive Landscape, Outlook, Size & Revenue, Industry, Companies, Forecast, Analysis, Value, Trends, Segmentation, Share, Growth
Market Forecast By Product (Thermoplastic Elastomers, Plastomers), By Application (Road Construction, Roofing) And Competitive Landscape
| Product Code: ETC7919156 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia Polymer Modified Bitumen Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia continued to rely heavily on polymer-modified bitumen imports, with key suppliers being Lithuania, Poland, Estonia, Sweden, and Finland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite the impressive compound annual growth rate (CAGR) of 24.9% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -38.76%. This fluctuation suggests a potential shift in market dynamics or external factors impacting the import landscape for polymer-modified bitumen in Latvia.
Key Highlights of the Report:
- Latvia Polymer Modified Bitumen Market Outlook
- Market Size of Latvia Polymer Modified Bitumen Market, 2024
- Forecast of Latvia Polymer Modified Bitumen Market, 2031
- Historical Data and Forecast of Latvia Polymer Modified Bitumen Revenues & Volume for the Period 2021- 2031
- Latvia Polymer Modified Bitumen Market Trend Evolution
- Latvia Polymer Modified Bitumen Market Drivers and Challenges
- Latvia Polymer Modified Bitumen Price Trends
- Latvia Polymer Modified Bitumen Porter's Five Forces
- Latvia Polymer Modified Bitumen Industry Life Cycle
- Historical Data and Forecast of Latvia Polymer Modified Bitumen Market Revenues & Volume By Product for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polymer Modified Bitumen Market Revenues & Volume By Thermoplastic Elastomers for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polymer Modified Bitumen Market Revenues & Volume By Plastomers for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polymer Modified Bitumen Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polymer Modified Bitumen Market Revenues & Volume By Road Construction for the Period 2021- 2031
- Historical Data and Forecast of Latvia Polymer Modified Bitumen Market Revenues & Volume By Roofing for the Period 2021- 2031
- Latvia Polymer Modified Bitumen Import Export Trade Statistics
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Application
- Latvia Polymer Modified Bitumen Top Companies Market Share
- Latvia Polymer Modified Bitumen Competitive Benchmarking By Technical and Operational Parameters
- Latvia Polymer Modified Bitumen Company Profiles
- Latvia Polymer Modified Bitumen Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Polymer Modified Bitumen Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Polymer Modified Bitumen Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Polymer Modified Bitumen Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polymer Modified Bitumen Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polymer Modified Bitumen Market - Industry Life Cycle |
3.4 Latvia Polymer Modified Bitumen Market - Porter's Five Forces |
3.5 Latvia Polymer Modified Bitumen Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Polymer Modified Bitumen Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Polymer Modified Bitumen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in Latvia |
4.2.2 Growing demand for sustainable and durable road construction materials |
4.2.3 Government initiatives promoting the use of polymer modified bitumen in infrastructure projects |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in polymer modified bitumen production |
4.3.2 Lack of awareness and understanding about the benefits of polymer modified bitumen |
4.3.3 Competition from alternative road construction materials |
5 Latvia Polymer Modified Bitumen Market Trends |
6 Latvia Polymer Modified Bitumen Market, By Types |
6.1 Latvia Polymer Modified Bitumen Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polymer Modified Bitumen Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Polymer Modified Bitumen Market Revenues & Volume, By Thermoplastic Elastomers, 2021- 2031F |
6.1.4 Latvia Polymer Modified Bitumen Market Revenues & Volume, By Plastomers, 2021- 2031F |
6.2 Latvia Polymer Modified Bitumen Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polymer Modified Bitumen Market Revenues & Volume, By Road Construction, 2021- 2031F |
6.2.3 Latvia Polymer Modified Bitumen Market Revenues & Volume, By Roofing, 2021- 2031F |
7 Latvia Polymer Modified Bitumen Market Import-Export Trade Statistics |
7.1 Latvia Polymer Modified Bitumen Market Export to Major Countries |
7.2 Latvia Polymer Modified Bitumen Market Imports from Major Countries |
8 Latvia Polymer Modified Bitumen Market Key Performance Indicators |
8.1 Adoption rate of polymer modified bitumen in new infrastructure projects |
8.2 Percentage of road maintenance projects using polymer modified bitumen |
8.3 Investment in research and development for improving polymer modified bitumen properties |
9 Latvia Polymer Modified Bitumen Market - Opportunity Assessment |
9.1 Latvia Polymer Modified Bitumen Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Polymer Modified Bitumen Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Polymer Modified Bitumen Market - Competitive Landscape |
10.1 Latvia Polymer Modified Bitumen Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polymer Modified Bitumen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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