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

Market Forecast By Feedstock (Animal-based Raw Materials, Vegetable-based Raw Materials), By Applications (Soaps and Detergents, Textiles, Lubricants, Personal Care, Rubber Processing, Other Applications) And Competitive Landscape
Product Code: ETC4683383 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Stearic Acid Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s stearic acid import market in 2024 continued to be dominated by key suppliers such as Poland, Austria, Metropolitan France, Lithuania, and Netherlands. Despite a challenging compound annual growth rate (CAGR) of -7.22% from 2020 to 2024, there was a notable uptick in growth from 2023 to 2024, with a growth rate of 9.64%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting that these top exporting countries hold significant market share in supplying stearic acid to Latvia.

Stearic Acid Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


By 2027, Latvia's Stearic Acid market is forecasted to achieve a stable growth rate of 1.19%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

Stearic Acid Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Stearic Acid Market Outlook
  • Market Size of Latvia Stearic Acid Market, 2024
  • Forecast of Latvia Stearic Acid Market, 2031
  • Historical Data and Forecast of Latvia Stearic Acid Revenues & Volume for the Period 2021-2031
  • Latvia Stearic Acid Market Trend Evolution
  • Latvia Stearic Acid Market Drivers and Challenges
  • Latvia Stearic Acid Price Trends
  • Latvia Stearic Acid Porter`s Five Forces
  • Latvia Stearic Acid Industry Life Cycle
  • Historical Data and Forecast of Latvia Stearic Acid Market Revenues & Volume By Feedstock for the Period 2021-2031
  • Historical Data and Forecast of Latvia Stearic Acid Market Revenues & Volume By Animal-based Raw Materials for the Period 2021-2031
  • Historical Data and Forecast of Latvia Stearic Acid Market Revenues & Volume By Vegetable-based Raw Materials for the Period 2021-2031
  • Historical Data and Forecast of Latvia Stearic Acid Market Revenues & Volume By Applications for the Period 2021-2031
  • Historical Data and Forecast of Latvia Stearic Acid Market Revenues & Volume By Soaps and Detergents for the Period 2021-2031
  • Historical Data and Forecast of Latvia Stearic Acid Market Revenues & Volume By Textiles for the Period 2021-2031
  • Historical Data and Forecast of Latvia Stearic Acid Market Revenues & Volume By Lubricants for the Period 2021-2031
  • Historical Data and Forecast of Latvia Stearic Acid Market Revenues & Volume By Personal Care for the Period 2021-2031
  • Historical Data and Forecast of Latvia Stearic Acid Market Revenues & Volume By Rubber Processing for the Period 2021-2031
  • Historical Data and Forecast of Latvia Stearic Acid Market Revenues & Volume By Other Applications for the Period 2021-2031
  • Latvia Stearic Acid Import Export Trade Statistics
  • Market Opportunity Assessment By Feedstock
  • Market Opportunity Assessment By Applications
  • Latvia Stearic Acid Top Companies Market Share
  • Latvia Stearic Acid Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Stearic Acid Company Profiles
  • Latvia Stearic Acid Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Stearic Acid 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 Stearic Acid 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 Stearic Acid Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Stearic Acid Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Stearic Acid Market - Industry Life Cycle

3.4 Latvia Stearic Acid Market - Porter's Five Forces

3.5 Latvia Stearic Acid Market Revenues & Volume Share, By Feedstock, 2021 & 2031F

3.6 Latvia Stearic Acid Market Revenues & Volume Share, By Applications, 2021 & 2031F

4 Latvia Stearic Acid Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Latvia Stearic Acid Market Trends

6 Latvia Stearic Acid Market Segmentations

6.1 Latvia Stearic Acid Market, By Feedstock

6.1.1 Overview and Analysis

6.1.2 Latvia Stearic Acid Market Revenues & Volume, By Animal-based Raw Materials, 2021-2031F

6.1.4 Latvia Stearic Acid Market Revenues & Volume, By Vegetable-based Raw Materials, 2021-2031F

6.2 Latvia Stearic Acid Market, By Applications

6.2.1 Overview and Analysis

6.2.2 Latvia Stearic Acid Market Revenues & Volume, By Soaps and Detergents, 2021-2031F

6.2.3 Latvia Stearic Acid Market Revenues & Volume, By Textiles, 2021-2031F

6.2.4 Latvia Stearic Acid Market Revenues & Volume, By Lubricants, 2021-2031F

6.2.5 Latvia Stearic Acid Market Revenues & Volume, By Personal Care, 2021-2031F

6.2.6 Latvia Stearic Acid Market Revenues & Volume, By Rubber Processing, 2021-2031F

6.2.7 Latvia Stearic Acid Market Revenues & Volume, By Other Applications, 2021-2031F

7 Latvia Stearic Acid Market Import-Export Trade Statistics

7.1 Latvia Stearic Acid Market Export to Major Countries

7.2 Latvia Stearic Acid Market Imports from Major Countries

8 Latvia Stearic Acid Market Key Performance Indicators

9 Latvia Stearic Acid Market - Opportunity Assessment

9.1 Latvia Stearic Acid Market Opportunity Assessment, By Feedstock, 2021 & 2031F

9.2 Latvia Stearic Acid Market Opportunity Assessment, By Applications, 2021 & 2031F

10 Latvia Stearic Acid Market - Competitive Landscape

10.1 Latvia Stearic Acid Market Revenue Share, By Companies, 2024

10.2 Latvia Stearic Acid Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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