| Product Code: ETC5644156 | 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 |
Latvia`s polyurethane additives import shipments in 2024 saw a shift in concentration from high to moderate, indicating a more diversified market. Top exporters to Latvia included Germany, USA, Poland, Lithuania, and Finland, showcasing a mix of European and American suppliers. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained positive at 2.63%. This data suggests a stable demand for polyurethane additives in Latvia, with opportunities for further market expansion and development in the coming years.

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 Polyurethane Additives Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyurethane Additives Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyurethane Additives Market - Industry Life Cycle |
3.4 Latvia Polyurethane Additives Market - Porter's Five Forces |
3.5 Latvia Polyurethane Additives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polyurethane Additives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Polyurethane Additives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for polyurethane products in industries such as construction, automotive, and furniture. |
4.2.2 Growing awareness about the benefits of using polyurethane additives in manufacturing processes. |
4.2.3 Technological advancements leading to the development of innovative polyurethane additives. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in polyurethane additives production. |
4.3.2 Stringent regulations regarding the use of certain chemicals in polyurethane additives. |
4.3.3 Competition from alternative materials in the market. |
5 Latvia Polyurethane Additives Market Trends |
6 Latvia Polyurethane Additives Market Segmentations |
6.1 Latvia Polyurethane Additives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyurethane Additives Market Revenues & Volume, By Catalysts, 2021-2031F |
6.1.3 Latvia Polyurethane Additives Market Revenues & Volume, By Surfactants, 2021-2031F |
6.1.4 Latvia Polyurethane Additives Market Revenues & Volume, By Filler, 2021-2031F |
6.1.5 Latvia Polyurethane Additives Market Revenues & Volume, By Flame retardants, 2021-2031F |
6.1.6 Latvia Polyurethane Additives Market Revenues & Volume, By others, 2021-2031F |
6.2 Latvia Polyurethane Additives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyurethane Additives Market Revenues & Volume, By Foams, 2021-2031F |
6.2.3 Latvia Polyurethane Additives Market Revenues & Volume, By Adhesives & Sealants, 2021-2031F |
6.2.4 Latvia Polyurethane Additives Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.5 Latvia Polyurethane Additives Market Revenues & Volume, By Elastomers, 2021-2031F |
7 Latvia Polyurethane Additives Market Import-Export Trade Statistics |
7.1 Latvia Polyurethane Additives Market Export to Major Countries |
7.2 Latvia Polyurethane Additives Market Imports from Major Countries |
8 Latvia Polyurethane Additives Market Key Performance Indicators |
8.1 Research and development investment in new polyurethane additive technologies. |
8.2 Adoption rate of eco-friendly polyurethane additives. |
8.3 Number of patents filed for polyurethane additive formulations. |
8.4 Percentage of manufacturers using polyurethane additives in their production processes. |
8.5 Customer satisfaction levels with the performance of polyurethane additives. |
9 Latvia Polyurethane Additives Market - Opportunity Assessment |
9.1 Latvia Polyurethane Additives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polyurethane Additives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Polyurethane Additives Market - Competitive Landscape |
10.1 Latvia Polyurethane Additives Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyurethane Additives 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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