| Product Code: ETC5642560 | 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 import shipments of polyurethane dispersions in 2024 were primarily sourced from Germany, USA, Poland, Lithuania, and Finland. The market exhibited a shift from high to moderate concentration levels, indicating a more diversified import landscape. Despite a negative growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 2.63%. This data suggests a stable market with potential for further expansion and opportunities for market players in the polyurethane dispersions sector.

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 Dispersions Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyurethane Dispersions Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyurethane Dispersions Market - Industry Life Cycle |
3.4 Latvia Polyurethane Dispersions Market - Porter's Five Forces |
3.5 Latvia Polyurethane Dispersions Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polyurethane Dispersions Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Polyurethane Dispersions Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable coatings in Latvia |
4.2.2 Growth in the construction and automotive industries, leading to higher demand for polyurethane dispersions |
4.2.3 Rising investments in research and development for innovative polyurethane dispersion products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Stringent regulations regarding VOC emissions and environmental concerns |
4.3.3 Intense competition from other types of coatings and substitutes in the market |
5 Latvia Polyurethane Dispersions Market Trends |
6 Latvia Polyurethane Dispersions Market Segmentations |
6.1 Latvia Polyurethane Dispersions Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyurethane Dispersions Market Revenues & Volume, By Solvent-free, 2021-2031F |
6.1.3 Latvia Polyurethane Dispersions Market Revenues & Volume, By Low-solvent, 2021-2031F |
6.2 Latvia Polyurethane Dispersions Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyurethane Dispersions Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 Latvia Polyurethane Dispersions Market Revenues & Volume, By Adhesives & Sealants, 2021-2031F |
6.2.4 Latvia Polyurethane Dispersions Market Revenues & Volume, By Leather finishing, 2021-2031F |
6.2.5 Latvia Polyurethane Dispersions Market Revenues & Volume, By Textile finishing, 2021-2031F |
6.2.6 Latvia Polyurethane Dispersions Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Polyurethane Dispersions Market Import-Export Trade Statistics |
7.1 Latvia Polyurethane Dispersions Market Export to Major Countries |
7.2 Latvia Polyurethane Dispersions Market Imports from Major Countries |
8 Latvia Polyurethane Dispersions Market Key Performance Indicators |
8.1 Percentage increase in the adoption of water-based polyurethane dispersions in Latvia |
8.2 Number of new product launches in the polyurethane dispersions market |
8.3 Research and development expenditure as a percentage of total revenue for key players in the market |
9 Latvia Polyurethane Dispersions Market - Opportunity Assessment |
9.1 Latvia Polyurethane Dispersions Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polyurethane Dispersions Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Polyurethane Dispersions Market - Competitive Landscape |
10.1 Latvia Polyurethane Dispersions Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyurethane Dispersions 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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