| Product Code: ETC4811994 | 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 import shipments of polysulfides in 2024 saw significant growth, with top exporting countries being Germany, Belgium, Lithuania, Poland, and China. The Herfindahl-Hirschman Index (HHI) indicated a shift from very high concentration in 2023 to high concentration in 2024, reflecting changing market dynamics. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 2.85%, while the growth rate from 2023 to 2024 spiked at an impressive 112.09%. This data suggests a thriving market for polysulfides in Latvia, with strong contributions from key exporting nations.

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 Polysulfides Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polysulfides Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polysulfides Market - Industry Life Cycle |
3.4 Latvia Polysulfides Market - Porter's Five Forces |
3.5 Latvia Polysulfides Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polysulfides Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Polysulfides Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Latvia Polysulfides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable construction materials |
4.2.2 Growth in the construction industry in Latvia |
4.2.3 Rising awareness about the benefits of polysulfides in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent regulations regarding environmental impact and safety standards |
4.3.3 Competition from alternative materials in the market |
5 Latvia Polysulfides Market Trends |
6 Latvia Polysulfides Market Segmentations |
6.1 Latvia Polysulfides Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polysulfides Market Revenues & Volume, By Anionic Polysulfides, 2021-2031F |
6.1.3 Latvia Polysulfides Market Revenues & Volume, By Organic Polysulfides, 2021-2031F |
6.2 Latvia Polysulfides Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polysulfides Market Revenues & Volume, By Adhesives, 2021-2031F |
6.2.3 Latvia Polysulfides Market Revenues & Volume, By Sealants, 2021-2031F |
6.2.4 Latvia Polysulfides Market Revenues & Volume, By Molding/potting Compounds, 2021-2031F |
6.2.5 Latvia Polysulfides Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.6 Latvia Polysulfides Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Polysulfides Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polysulfides Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.3 Latvia Polysulfides Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.4 Latvia Polysulfides Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.5 Latvia Polysulfides Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Polysulfides Market Import-Export Trade Statistics |
7.1 Latvia Polysulfides Market Export to Major Countries |
7.2 Latvia Polysulfides Market Imports from Major Countries |
8 Latvia Polysulfides Market Key Performance Indicators |
8.1 Number of new construction projects using polysulfides |
8.2 Percentage increase in research and development investments for polysulfides |
8.3 Adoption rate of polysulfides in key industries in Latvia |
9 Latvia Polysulfides Market - Opportunity Assessment |
9.1 Latvia Polysulfides Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polysulfides Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Polysulfides Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Latvia Polysulfides Market - Competitive Landscape |
10.1 Latvia Polysulfides Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polysulfides 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.
To discover high-growth global markets and optimize your business strategy:
Click Here