| Product Code: ETC7919196 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Latvia continued to see a significant inflow of polypropylene compounds imports, with top exporters being Germany, South Korea, Poland, Spain, and Belgium. The market remained concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at 3.01%, with a growth rate of 2.99% from 2023 to 2024. This data suggests a steady and consistent demand for polypropylene compounds in Latvia, with key suppliers from various countries contributing to the market`s growth.
| 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 Polypropylene Compounds Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Polypropylene Compounds Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Polypropylene Compounds Market - Industry Life Cycle | 
| 3.4 Latvia Polypropylene Compounds Market - Porter's Five Forces | 
| 3.5 Latvia Polypropylene Compounds Market Revenues & Volume Share, By Product, 2021 & 2031F | 
| 3.6 Latvia Polypropylene Compounds Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 4 Latvia Polypropylene Compounds Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing demand for lightweight and durable materials in various industries | 
| 4.2.2 Growing focus on sustainable and eco-friendly products | 
| 4.2.3 Rising investments in research and development for enhancing product quality | 
| 4.3 Market Restraints | 
| 4.3.1 Volatility in raw material prices | 
| 4.3.2 Stringent regulations related to environmental sustainability | 
| 4.3.3 Intense competition from other materials such as polyethylene and PVC | 
| 5 Latvia Polypropylene Compounds Market Trends | 
| 6 Latvia Polypropylene Compounds Market, By Types | 
| 6.1 Latvia Polypropylene Compounds Market, By Product | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Polypropylene Compounds Market Revenues & Volume, By Product, 2021- 2031F | 
| 6.1.3 Latvia Polypropylene Compounds Market Revenues & Volume, By Mineral Filled PP Compounds, 2021- 2031F | 
| 6.1.4 Latvia Polypropylene Compounds Market Revenues & Volume, By Compounded TPO, 2021- 2031F | 
| 6.1.5 Latvia Polypropylene Compounds Market Revenues & Volume, By Compounded TPV, 2021- 2031F | 
| 6.1.6 Latvia Polypropylene Compounds Market Revenues & Volume, By Glass Reinforced, 2021- 2031F | 
| 6.2 Latvia Polypropylene Compounds Market, By Application | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Polypropylene Compounds Market Revenues & Volume, By Automotive, 2021- 2031F | 
| 6.2.3 Latvia Polypropylene Compounds Market Revenues & Volume, By Building & Construction, 2021- 2031F | 
| 6.2.4 Latvia Polypropylene Compounds Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F | 
| 6.2.5 Latvia Polypropylene Compounds Market Revenues & Volume, By Textiles, 2021- 2031F | 
| 7 Latvia Polypropylene Compounds Market Import-Export Trade Statistics | 
| 7.1 Latvia Polypropylene Compounds Market Export to Major Countries | 
| 7.2 Latvia Polypropylene Compounds Market Imports from Major Countries | 
| 8 Latvia Polypropylene Compounds Market Key Performance Indicators | 
| 8.1 Percentage of recycled content in polypropylene compounds | 
| 8.2 Number of new product innovations launched annually | 
| 8.3 Percentage of market share in key industries using polypropylene compounds | 
| 8.4 Customer satisfaction ratings for product quality | 
| 8.5 Average lead time for order fulfillment | 
| 9 Latvia Polypropylene Compounds Market - Opportunity Assessment | 
| 9.1 Latvia Polypropylene Compounds Market Opportunity Assessment, By Product, 2021 & 2031F | 
| 9.2 Latvia Polypropylene Compounds Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 10 Latvia Polypropylene Compounds Market - Competitive Landscape | 
| 10.1 Latvia Polypropylene Compounds Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Polypropylene Compounds Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |