Latvia Styrene Acrylonitrile (SAN) Resins Market (2025-2031) | Forecast, Segmentation, Trends, Growth, Analysis, Companies, Competitive Landscape, Value, Share, Size & Revenue, Industry, Outlook

Market Forecast By Type (Emulsion, Continuous Mass Polymerization, Suspension), By Application (Packaging, Consumer goods, Building & construction, Electrical & electronic appliances, Automotive, Medical Supplies, Others) And Competitive Landscape
Product Code: ETC7922474 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Summon Dutta No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Latvia Styrene Acrylonitrile (San) Resins Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s import shipments of styrene acrylonitrile (SAN) resins in 2024 continued to be dominated by key exporters such as Lithuania, South Korea, Finland, Poland, and Italy. The market showed signs of high concentration, with the Herfindahl-Hirschman Index (HHI) indicating a shift from very high concentration in 2023 to high concentration in 2024. The compound annual growth rate (CAGR) for the period 2020-2024 was negative at -7.8%, with a significant decline in the growth rate from 2023 to 2024 at -40.33%. This suggests a challenging environment for SAN resin imports in Latvia during the specified period.

Latvia Styrene Acrylonitrile (San) Resins Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Styrene Acrylonitrile (SAN) Resins Market Outlook
  • Market Size of Latvia Styrene Acrylonitrile (SAN) Resins Market, 2024
  • Forecast of Latvia Styrene Acrylonitrile (SAN) Resins Market, 2031
  • Historical Data and Forecast of Latvia Styrene Acrylonitrile (SAN) Resins Revenues & Volume for the Period 2021- 2031
  • Latvia Styrene Acrylonitrile (SAN) Resins Market Trend Evolution
  • Latvia Styrene Acrylonitrile (SAN) Resins Market Drivers and Challenges
  • Latvia Styrene Acrylonitrile (SAN) Resins Price Trends
  • Latvia Styrene Acrylonitrile (SAN) Resins Porter's Five Forces
  • Latvia Styrene Acrylonitrile (SAN) Resins Industry Life Cycle
  • Historical Data and Forecast of Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume By Emulsion for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume By Continuous Mass Polymerization for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume By Suspension for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume By Packaging for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume By Consumer goods for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume By Building & construction for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume By Electrical & electronic appliances for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume By Automotive for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume By Medical Supplies for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume By Others for the Period 2021- 2031
  • Latvia Styrene Acrylonitrile (SAN) Resins Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Latvia Styrene Acrylonitrile (SAN) Resins Top Companies Market Share
  • Latvia Styrene Acrylonitrile (SAN) Resins Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Styrene Acrylonitrile (SAN) Resins Company Profiles
  • Latvia Styrene Acrylonitrile (SAN) Resins Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Styrene Acrylonitrile (SAN) Resins Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Styrene Acrylonitrile (SAN) Resins Market - Industry Life Cycle

3.4 Latvia Styrene Acrylonitrile (SAN) Resins Market - Porter's Five Forces

3.5 Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Styrene Acrylonitrile (SAN) Resins Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lightweight and durable materials in automotive and electronics industries

4.2.2 Growing construction and infrastructure development projects in Latvia

4.2.3 Rising preference for SAN resins in packaging and consumer goods applications

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials like styrene and acrylonitrile

4.3.2 Environmental concerns and regulations related to the use of plastics

4.3.3 Competition from alternative materials like polypropylene and polycarbonate

5 Latvia Styrene Acrylonitrile (SAN) Resins Market Trends

6 Latvia Styrene Acrylonitrile (SAN) Resins Market, By Types

6.1 Latvia Styrene Acrylonitrile (SAN) Resins Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Emulsion, 2021- 2031F

6.1.4 Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Continuous Mass Polymerization, 2021- 2031F

6.1.5 Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Suspension, 2021- 2031F

6.2 Latvia Styrene Acrylonitrile (SAN) Resins Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Packaging, 2021- 2031F

6.2.3 Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Consumer goods, 2021- 2031F

6.2.4 Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Building & construction, 2021- 2031F

6.2.5 Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Electrical & electronic appliances, 2021- 2031F

6.2.6 Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Automotive, 2021- 2031F

6.2.7 Latvia Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Medical Supplies, 2021- 2031F

7 Latvia Styrene Acrylonitrile (SAN) Resins Market Import-Export Trade Statistics

7.1 Latvia Styrene Acrylonitrile (SAN) Resins Market Export to Major Countries

7.2 Latvia Styrene Acrylonitrile (SAN) Resins Market Imports from Major Countries

8 Latvia Styrene Acrylonitrile (SAN) Resins Market Key Performance Indicators

8.1 RD investment in new SAN resin formulations

8.2 Adoption rate of SAN resins in key end-use industries

8.3 Recycling rate of SAN resin products in Latvia

8.4 Number of new product launches using SAN resins

8.5 Market penetration of SAN resins in emerging applications

9 Latvia Styrene Acrylonitrile (SAN) Resins Market - Opportunity Assessment

9.1 Latvia Styrene Acrylonitrile (SAN) Resins Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Styrene Acrylonitrile (SAN) Resins Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Styrene Acrylonitrile (SAN) Resins Market - Competitive Landscape

10.1 Latvia Styrene Acrylonitrile (SAN) Resins Market Revenue Share, By Companies, 2024

10.2 Latvia Styrene Acrylonitrile (SAN) Resins Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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