| Product Code: ETC5664239 | 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 |
In 2024, Latvia saw a continued high concentration of specialty gas imports, with top suppliers being Estonia, Lithuania, Austria, Sweden, and Finland. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for 2020-2024 remained strong at 12.48%. This indicates sustained demand for specialty gases in Latvia, with a diverse range of countries contributing to the market. The high Herfindahl-Hirschman Index (HHI) suggests a competitive market landscape, potentially driving innovation and efficiency in 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 Specialty Gas Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Specialty Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Specialty Gas Market - Industry Life Cycle |
3.4 Latvia Specialty Gas Market - Porter's Five Forces |
3.5 Latvia Specialty Gas Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Latvia Specialty Gas Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Specialty Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from industries such as healthcare, electronics, and manufacturing for specialty gases. |
4.2.2 Increasing investments in research and development activities in Latvia. |
4.2.3 Implementation of stringent environmental regulations boosting the demand for eco-friendly specialty gases. |
4.3 Market Restraints |
4.3.1 High initial capital investment required for setting up specialty gas production facilities. |
4.3.2 Fluctuating raw material prices impacting the overall production costs. |
4.3.3 Limited availability of skilled workforce in the specialty gas industry in Latvia. |
5 Latvia Specialty Gas Market Trends |
6 Latvia Specialty Gas Market Segmentations |
6.1 Latvia Specialty Gas Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Latvia Specialty Gas Market Revenues & Volume, By High Purity, 2021-2031F |
6.1.3 Latvia Specialty Gas Market Revenues & Volume, By Noble, 2021-2031F |
6.1.4 Latvia Specialty Gas Market Revenues & Volume, By Carbon, 2021-2031F |
6.1.5 Latvia Specialty Gas Market Revenues & Volume, By Halogen, 2021-2031F |
6.1.6 Latvia Specialty Gas Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Specialty Gas Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Specialty Gas Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.3 Latvia Specialty Gas Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.4 Latvia Specialty Gas Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.5 Latvia Specialty Gas Market Revenues & Volume, By Academics, 2021-2031F |
6.2.6 Latvia Specialty Gas Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Specialty Gas Market Import-Export Trade Statistics |
7.1 Latvia Specialty Gas Market Export to Major Countries |
7.2 Latvia Specialty Gas Market Imports from Major Countries |
8 Latvia Specialty Gas Market Key Performance Indicators |
8.1 Percentage of revenue derived from newly developed specialty gas products. |
8.2 Rate of adoption of advanced gas purification technologies. |
8.3 Number of partnerships and collaborations with research institutions for innovation in specialty gas production. |
9 Latvia Specialty Gas Market - Opportunity Assessment |
9.1 Latvia Specialty Gas Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Latvia Specialty Gas Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Specialty Gas Market - Competitive Landscape |
10.1 Latvia Specialty Gas Market Revenue Share, By Companies, 2024 |
10.2 Latvia Specialty Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |