| Product Code: ETC13016245 | 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 polyurethanes import market saw a shift in concentration levels from high to moderate in 2024, reflecting a more balanced distribution among top exporting countries like Germany, USA, Poland, Lithuania, and Finland. 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 indicates a steady demand for polyurethanes in Latvia, supported by diverse sources of imports and a relatively stable market outlook for the industry.

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 Polyurethanes Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyurethanes Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyurethanes Market - Industry Life Cycle |
3.4 Latvia Polyurethanes Market - Porter's Five Forces |
3.5 Latvia Polyurethanes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polyurethanes Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Polyurethanes Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Polyurethanes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for energy-efficient materials in construction industry |
4.2.2 Increasing use of polyurethanes in automotive sector for lightweighting and fuel efficiency |
4.2.3 Favorable government regulations promoting the use of environmentally friendly materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from other materials such as plastics and composites |
4.3.3 Volatility in global economic conditions affecting overall demand |
5 Latvia Polyurethanes Market Trends |
6 Latvia Polyurethanes Market, By Types |
6.1 Latvia Polyurethanes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyurethanes Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Polyurethanes Market Revenues & Volume, By Rigid PU Foam, 2021 - 2031F |
6.1.4 Latvia Polyurethanes Market Revenues & Volume, By Flexible PU Foam, 2021 - 2031F |
6.1.5 Latvia Polyurethanes Market Revenues & Volume, By PU Coatings, 2021 - 2031F |
6.1.6 Latvia Polyurethanes Market Revenues & Volume, By PU Elastomers, 2021 - 2031F |
6.1.7 Latvia Polyurethanes Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Polyurethanes Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyurethanes Market Revenues & Volume, By Insulation, 2021 - 2031F |
6.2.3 Latvia Polyurethanes Market Revenues & Volume, By Cushioning, 2021 - 2031F |
6.2.4 Latvia Polyurethanes Market Revenues & Volume, By Protective Coatings, 2021 - 2031F |
6.2.5 Latvia Polyurethanes Market Revenues & Volume, By Sealing Solutions, 2021 - 2031F |
6.2.6 Latvia Polyurethanes Market Revenues & Volume, By Adhesives and Sealants, 2021 - 2031F |
6.3 Latvia Polyurethanes Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polyurethanes Market Revenues & Volume, By Building and Construction, 2021 - 2031F |
6.3.3 Latvia Polyurethanes Market Revenues & Volume, By Furniture, 2021 - 2031F |
6.3.4 Latvia Polyurethanes Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.5 Latvia Polyurethanes Market Revenues & Volume, By Industrial Machinery, 2021 - 2031F |
7 Latvia Polyurethanes Market Import-Export Trade Statistics |
7.1 Latvia Polyurethanes Market Export to Major Countries |
7.2 Latvia Polyurethanes Market Imports from Major Countries |
8 Latvia Polyurethanes Market Key Performance Indicators |
8.1 Research and development investments in new polyurethane formulations |
8.2 Adoption rate of polyurethanes in emerging applications such as furniture and footwear |
8.3 Environmental impact assessments and certifications for polyurethane products |
9 Latvia Polyurethanes Market - Opportunity Assessment |
9.1 Latvia Polyurethanes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polyurethanes Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Polyurethanes Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Polyurethanes Market - Competitive Landscape |
10.1 Latvia Polyurethanes Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyurethanes 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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