| Product Code: ETC13013749 | 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 |
Latvia`s import shipments of polyurethane dispersion in 2024 saw a notable shift in concentration from high to moderate, indicating increased diversification in the market. The top exporting countries to Latvia, including Germany, USA, Poland, Lithuania, and Finland, continue to play a significant role in supplying the product. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the four-year period remained positive at 2.63%. This data suggests a stable market with opportunities for further expansion and collaboration among key players.

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 Dispersion Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyurethane Dispersion Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyurethane Dispersion Market - Industry Life Cycle |
3.4 Latvia Polyurethane Dispersion Market - Porter's Five Forces |
3.5 Latvia Polyurethane Dispersion Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polyurethane Dispersion Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Polyurethane Dispersion Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Polyurethane Dispersion Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable products in the coatings and adhesives industries |
4.2.2 Growing construction and automotive sectors in Latvia leading to higher demand for polyurethane dispersions |
4.2.3 Technological advancements in polyurethane dispersion manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations related to the use of certain chemicals in polyurethane dispersions |
4.3.3 Intense competition from alternative products such as acrylic dispersions |
5 Latvia Polyurethane Dispersion Market Trends |
6 Latvia Polyurethane Dispersion Market, By Types |
6.1 Latvia Polyurethane Dispersion Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyurethane Dispersion Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Polyurethane Dispersion Market Revenues & Volume, By Water-Based, 2021 - 2031F |
6.1.4 Latvia Polyurethane Dispersion Market Revenues & Volume, By Solvent-Based, 2021 - 2031F |
6.1.5 Latvia Polyurethane Dispersion Market Revenues & Volume, By UV-Curable, 2021 - 2031F |
6.1.6 Latvia Polyurethane Dispersion Market Revenues & Volume, By High-Solid, 2021 - 2031F |
6.1.7 Latvia Polyurethane Dispersion Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Polyurethane Dispersion Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyurethane Dispersion Market Revenues & Volume, By Coatings, 2021 - 2031F |
6.2.3 Latvia Polyurethane Dispersion Market Revenues & Volume, By Adhesives, 2021 - 2031F |
6.2.4 Latvia Polyurethane Dispersion Market Revenues & Volume, By Sealants, 2021 - 2031F |
6.2.5 Latvia Polyurethane Dispersion Market Revenues & Volume, By Printing Inks, 2021 - 2031F |
6.3 Latvia Polyurethane Dispersion Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polyurethane Dispersion Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Latvia Polyurethane Dispersion Market Revenues & Volume, By Textiles, 2021 - 2031F |
6.3.4 Latvia Polyurethane Dispersion Market Revenues & Volume, By Wood and Furniture, 2021 - 2031F |
6.3.5 Latvia Polyurethane Dispersion Market Revenues & Volume, By Packaging, 2021 - 2031F |
7 Latvia Polyurethane Dispersion Market Import-Export Trade Statistics |
7.1 Latvia Polyurethane Dispersion Market Export to Major Countries |
7.2 Latvia Polyurethane Dispersion Market Imports from Major Countries |
8 Latvia Polyurethane Dispersion Market Key Performance Indicators |
8.1 Research and development investment in new polyurethane dispersion formulations |
8.2 Adoption rate of polyurethane dispersions in key end-user industries |
8.3 Number of new product launches in the polyurethane dispersion market |
9 Latvia Polyurethane Dispersion Market - Opportunity Assessment |
9.1 Latvia Polyurethane Dispersion Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polyurethane Dispersion Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Polyurethane Dispersion Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Polyurethane Dispersion Market - Competitive Landscape |
10.1 Latvia Polyurethane Dispersion Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyurethane Dispersion 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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