Latvia Styrenic Polymers Market (2025-2031) | Segmentation, Revenue, Analysis, Share, Companies, Growth, Outlook, Industry, Trends, Size, Value & Forecast
Market Forecast By Product Type (Polystyrene, ABS, SAN, MBS, MABS, SMMA, SBS, Others) And Competitive Landscape
| Product Code: ETC5323113 | 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 Styrenic Polymers Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia continued to see significant imports of styrenic polymers, with top exporters being Lithuania, Belgium, Poland, South Korea, and Bulgaria. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a slight decline in the compound annual growth rate (CAGR) from 2020-24 at -0.16%, the growth rate for 2023-24 experienced a more notable decrease at -3.13%. This data suggests a potential shift in market dynamics and highlights the importance of monitoring trends in the styrenic polymers industry for stakeholders in Latvia.
Styrenic Polymers Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
By 2027, the Styrenic Polymers market in Latvia is anticipated to reach a growth rate of 3.64%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.
Key Highlights of the Report:
- Latvia Styrenic Polymers Market Outlook
- Market Size of Latvia Styrenic Polymers Market, 2024
- Forecast of Latvia Styrenic Polymers Market, 2031
- Historical Data and Forecast of Latvia Styrenic Polymers Revenues & Volume for the Period 2021-2031
- Latvia Styrenic Polymers Market Trend Evolution
- Latvia Styrenic Polymers Market Drivers and Challenges
- Latvia Styrenic Polymers Price Trends
- Latvia Styrenic Polymers Porter`s Five Forces
- Latvia Styrenic Polymers Industry Life Cycle
- Historical Data and Forecast of Latvia Styrenic Polymers Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Styrenic Polymers Market Revenues & Volume By Polystyrene for the Period 2021-2031
- Historical Data and Forecast of Latvia Styrenic Polymers Market Revenues & Volume By ABS for the Period 2021-2031
- Historical Data and Forecast of Latvia Styrenic Polymers Market Revenues & Volume By SAN for the Period 2021-2031
- Historical Data and Forecast of Latvia Styrenic Polymers Market Revenues & Volume By MBS for the Period 2021-2031
- Historical Data and Forecast of Latvia Styrenic Polymers Market Revenues & Volume By MABS for the Period 2021-2031
- Historical Data and Forecast of Latvia Styrenic Polymers Market Revenues & Volume By SMMA for the Period 2021-2031
- Historical Data and Forecast of Latvia Styrenic Polymers Market Revenues & Volume By SBS for the Period 2021-2031
- Historical Data and Forecast of Latvia Polystyrene Styrenic Polymers Market Revenues & Volume By Others for the Period 2021-2031
- Latvia Styrenic Polymers Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Latvia Styrenic Polymers Top Companies Market Share
- Latvia Styrenic Polymers Competitive Benchmarking By Technical and Operational Parameters
- Latvia Styrenic Polymers Company Profiles
- Latvia Styrenic Polymers Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Styrenic Polymers 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 Styrenic Polymers Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Styrenic Polymers Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Styrenic Polymers Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Styrenic Polymers Market - Industry Life Cycle |
3.4 Latvia Styrenic Polymers Market - Porter's Five Forces |
3.5 Latvia Styrenic Polymers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Latvia Styrenic Polymers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable materials in various industries |
4.2.2 Growing focus on sustainable and recyclable plastics |
4.2.3 Rise in construction activities and infrastructure development in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Stringent regulations on plastic usage and environmental concerns |
5 Latvia Styrenic Polymers Market Trends |
6 Latvia Styrenic Polymers Market Segmentations |
6.1 Latvia Styrenic Polymers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Styrenic Polymers Market Revenues & Volume, By Polystyrene, 2021-2031F |
6.1.3 Latvia Styrenic Polymers Market Revenues & Volume, By ABS, 2021-2031F |
6.1.4 Latvia Styrenic Polymers Market Revenues & Volume, By SAN, 2021-2031F |
6.1.5 Latvia Styrenic Polymers Market Revenues & Volume, By MBS, 2021-2031F |
6.1.6 Latvia Styrenic Polymers Market Revenues & Volume, By MABS, 2021-2031F |
6.1.7 Latvia Styrenic Polymers Market Revenues & Volume, By SMMA, 2021-2031F |
6.1.9 Latvia Styrenic Polymers Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Latvia Styrenic Polymers Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Styrenic Polymers Market Import-Export Trade Statistics |
7.1 Latvia Styrenic Polymers Market Export to Major Countries |
7.2 Latvia Styrenic Polymers Market Imports from Major Countries |
8 Latvia Styrenic Polymers Market Key Performance Indicators |
8.1 Recycling rate of styrenic polymers in Latvia |
8.2 Adoption rate of styrenic polymer alternatives |
8.3 Investment in research and development for sustainable styrenic polymer solutions |
9 Latvia Styrenic Polymers Market - Opportunity Assessment |
9.1 Latvia Styrenic Polymers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Latvia Styrenic Polymers Market - Competitive Landscape |
10.1 Latvia Styrenic Polymers Market Revenue Share, By Companies, 2024 |
10.2 Latvia Styrenic Polymers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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