| 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`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.

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 |