| Product Code: ETC13014133 | 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 |
Despite a significant decrease in growth rate in 2024, Latvia`s import of polyurethane foam insulation materials maintained a steady CAGR of 4.04% from 2020 to 2024. The top exporting countries to Latvia, including Lithuania, Sweden, Estonia, Poland, and Germany, continue to dominate the market. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to competitive dynamics in the industry. Continued monitoring of market trends and competition among key exporters will be crucial for stakeholders in the polyurethane foam insulation materials 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 Foam Insulation Materials Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyurethane Foam Insulation Materials Market - Industry Life Cycle |
3.4 Latvia Polyurethane Foam Insulation Materials Market - Porter's Five Forces |
3.5 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Polyurethane Foam Insulation Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient buildings and sustainable construction practices |
4.2.2 Growing awareness about the benefits of polyurethane foam insulation materials |
4.2.3 Government regulations promoting energy efficiency and green building practices |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Competition from other insulation materials in the market |
4.3.3 Lack of skilled labor for installation and application of polyurethane foam insulation materials |
5 Latvia Polyurethane Foam Insulation Materials Market Trends |
6 Latvia Polyurethane Foam Insulation Materials Market, By Types |
6.1 Latvia Polyurethane Foam Insulation Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume, By Rigid Foam, 2021 - 2031F |
6.1.4 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume, By Spray Foam, 2021 - 2031F |
6.1.5 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume, By Flexible Foam, 2021 - 2031F |
6.1.6 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume, By Integral Skin Foam, 2021 - 2031F |
6.1.7 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Polyurethane Foam Insulation Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume, By Thermal Insulation, 2021 - 2031F |
6.2.3 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume, By Acoustic Insulation, 2021 - 2031F |
6.2.4 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume, By HVAC Insulation, 2021 - 2031F |
6.2.5 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume, By Pipe Insulation, 2021 - 2031F |
6.3 Latvia Polyurethane Foam Insulation Materials Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume, By Commercial Buildings, 2021 - 2031F |
6.3.3 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume, By Residential Buildings, 2021 - 2031F |
6.3.4 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume, By Industrial Facilities, 2021 - 2031F |
6.3.5 Latvia Polyurethane Foam Insulation Materials Market Revenues & Volume, By Warehouses, 2021 - 2031F |
7 Latvia Polyurethane Foam Insulation Materials Market Import-Export Trade Statistics |
7.1 Latvia Polyurethane Foam Insulation Materials Market Export to Major Countries |
7.2 Latvia Polyurethane Foam Insulation Materials Market Imports from Major Countries |
8 Latvia Polyurethane Foam Insulation Materials Market Key Performance Indicators |
8.1 Energy savings achieved by buildings using polyurethane foam insulation |
8.2 Number of construction projects utilizing polyurethane foam insulation materials |
8.3 Environmental impact reduction metrics such as carbon emissions saved due to insulation use |
9 Latvia Polyurethane Foam Insulation Materials Market - Opportunity Assessment |
9.1 Latvia Polyurethane Foam Insulation Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polyurethane Foam Insulation Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Polyurethane Foam Insulation Materials Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Polyurethane Foam Insulation Materials Market - Competitive Landscape |
10.1 Latvia Polyurethane Foam Insulation Materials Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyurethane Foam Insulation Materials 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