Latvia Saturated Polyester Resin Market (2025-2031) | Size, Share, Revenue, Forecast, Analysis, Industry, Segmentation, Growth, Value, Companies, Outlook & Trends

Market Forecast By Type (Liquid, Solid), By Application (Powder Coatings, Industrial Paints, Coil & Can Coatings, Automotive Paints, Flexible Packaging, 2k PU Coatings, Other Applications) And Competitive Landscape
Product Code: ETC5316862 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 Saturated Polyester Resin Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s import shipments of saturated polyester resin saw a steady growth with a CAGR of 5.97% from 2020 to 2024. In 2024, top exporters to Latvia included Poland, Finland, Sweden, Czechia, and Estonia. The market concentration, as measured by the HHI, decreased from moderate to low in 2024, indicating a more diversified import market. The growth rate in 2024 was 2.07%, reflecting a stable and promising trend for the saturated polyester resin import market in Latvia.

Latvia Saturated Polyester Resin Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Saturated Polyester Resin Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


The Saturated Polyester Resin market in Latvia is projected to grow at a stable growth rate of 0.43% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

Saturated Polyester Resin Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Saturated Polyester Resin Market Outlook
  • Market Size of Latvia Saturated Polyester Resin Market, 2024
  • Forecast of Latvia Saturated Polyester Resin Market, 2031
  • Historical Data and Forecast of Latvia Saturated Polyester Resin Revenues & Volume for the Period 2021-2031
  • Latvia Saturated Polyester Resin Market Trend Evolution
  • Latvia Saturated Polyester Resin Market Drivers and Challenges
  • Latvia Saturated Polyester Resin Price Trends
  • Latvia Saturated Polyester Resin Porter`s Five Forces
  • Latvia Saturated Polyester Resin Industry Life Cycle
  • Historical Data and Forecast of Latvia Saturated Polyester Resin Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Saturated Polyester Resin Market Revenues & Volume By Liquid for the Period 2021-2031
  • Historical Data and Forecast of Latvia Saturated Polyester Resin Market Revenues & Volume By Solid for the Period 2021-2031
  • Historical Data and Forecast of Latvia Saturated Polyester Resin Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Saturated Polyester Resin Market Revenues & Volume By Powder Coatings for the Period 2021-2031
  • Historical Data and Forecast of Latvia Saturated Polyester Resin Market Revenues & Volume By Industrial Paints for the Period 2021-2031
  • Historical Data and Forecast of Latvia Saturated Polyester Resin Market Revenues & Volume By Coil & Can Coatings for the Period 2021-2031
  • Historical Data and Forecast of Latvia Saturated Polyester Resin Market Revenues & Volume By Automotive Paints for the Period 2021-2031
  • Historical Data and Forecast of Latvia Saturated Polyester Resin Market Revenues & Volume By Flexible Packaging for the Period 2021-2031
  • Historical Data and Forecast of Latvia Saturated Polyester Resin Market Revenues & Volume By 2k PU Coatings for the Period 2021-2031
  • Historical Data and Forecast of Latvia Saturated Polyester Resin Market Revenues & Volume By Other Applications for the Period 2021-2031
  • Latvia Saturated Polyester Resin Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Latvia Saturated Polyester Resin Top Companies Market Share
  • Latvia Saturated Polyester Resin Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Saturated Polyester Resin Company Profiles
  • Latvia Saturated Polyester Resin Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Saturated Polyester Resin Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Saturated Polyester Resin Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Saturated Polyester Resin Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Saturated Polyester Resin Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Saturated Polyester Resin Market - Industry Life Cycle

3.4 Latvia Saturated Polyester Resin Market - Porter's Five Forces

3.5 Latvia Saturated Polyester Resin Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Saturated Polyester Resin Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Saturated Polyester Resin Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand from the automotive industry for manufacturing parts and components using saturated polyester resin.

4.2.2 Increasing use of saturated polyester resin in the construction industry for applications like coatings and composites.

4.2.3 Technological advancements leading to the development of high-performance saturated polyester resin products.

4.3 Market Restraints

4.3.1 Volatility in raw material prices impacting the production cost of saturated polyester resin.

4.3.2 Stringent environmental regulations and concerns related to the disposal of saturated polyester resin waste.

4.3.3 Competition from alternative materials like epoxy resins and polyurethanes in various end-use industries.

5 Latvia Saturated Polyester Resin Market Trends

6 Latvia Saturated Polyester Resin Market Segmentations

6.1 Latvia Saturated Polyester Resin Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Saturated Polyester Resin Market Revenues & Volume, By Liquid, 2021-2031F

6.1.3 Latvia Saturated Polyester Resin Market Revenues & Volume, By Solid, 2021-2031F

6.2 Latvia Saturated Polyester Resin Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Saturated Polyester Resin Market Revenues & Volume, By Powder Coatings, 2021-2031F

6.2.3 Latvia Saturated Polyester Resin Market Revenues & Volume, By Industrial Paints, 2021-2031F

6.2.4 Latvia Saturated Polyester Resin Market Revenues & Volume, By Coil & Can Coatings, 2021-2031F

6.2.5 Latvia Saturated Polyester Resin Market Revenues & Volume, By Automotive Paints, 2021-2031F

6.2.6 Latvia Saturated Polyester Resin Market Revenues & Volume, By Flexible Packaging, 2021-2031F

6.2.7 Latvia Saturated Polyester Resin Market Revenues & Volume, By 2k PU Coatings, 2021-2031F

7 Latvia Saturated Polyester Resin Market Import-Export Trade Statistics

7.1 Latvia Saturated Polyester Resin Market Export to Major Countries

7.2 Latvia Saturated Polyester Resin Market Imports from Major Countries

8 Latvia Saturated Polyester Resin Market Key Performance Indicators

8.1 Research and development investment in innovative saturated polyester resin formulations.

8.2 Adoption rate of saturated polyester resin in new application areas.

8.3 Rate of adoption of sustainable practices in the production and disposal of saturated polyester resin waste.

9 Latvia Saturated Polyester Resin Market - Opportunity Assessment

9.1 Latvia Saturated Polyester Resin Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Saturated Polyester Resin Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Saturated Polyester Resin Market - Competitive Landscape

10.1 Latvia Saturated Polyester Resin Market Revenue Share, By Companies, 2024

10.2 Latvia Saturated Polyester Resin Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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