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

Name: Latvia Styrenics Market (2025-2031) | Outlook Growth & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Styrenics Market, Latvia Styrenics Market, Latvia Styrenics Market Revenues, Latvia Styrenics Market Share, Latvia Styrenics Market Size, Latvia Styrenics Market Outlook, Latvia Styrenics Market Report, Latvia Styrenics Market Competition, Latvia Styrenics Market Overview, Latvia Styrenics Market Trends, Latvia Styrenics Market Forecast

Market Forecast By Polymer Types (Polystyrene (PS), Expanded Polystyrene (EPS), Acrylonitrile Butadiene Styrene (ABS), Styrene Butadiene Rubber (SBR), Unsaturated Polyester Resin (UPR), Other Polymers) And Competitive Landscape

Product Code: ETC5690174	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 Styrenics Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s styrenics import market in 2024 saw a notable increase in concentration, with Czechia, Lithuania, Poland, Germany, and Netherlands emerging as the top exporting countries. The Herfindahl-Hirschman Index (HHI) indicated a shift from moderate to high concentration within a year. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 9.75%, while the growth rate from 2023 to 2024 was a steady 1.16%. These trends suggest a tightening competitive landscape and sustained demand for styrenics imports in Latvia.

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

Key Highlights of the Report:

Latvia Styrenics Market Outlook
Market Size of Latvia Styrenics Market, 2024
Forecast of Latvia Styrenics Market, 2031
Historical Data and Forecast of Latvia Styrenics Revenues & Volume for the Period 2021-2031
Latvia Styrenics Market Trend Evolution
Latvia Styrenics Market Drivers and Challenges
Latvia Styrenics Price Trends
Latvia Styrenics Porter`s Five Forces
Latvia Styrenics Industry Life Cycle
Historical Data and Forecast of Latvia Styrenics Market Revenues & Volume By Polymer Types for the Period 2021-2031
Historical Data and Forecast of Latvia Styrenics Market Revenues & Volume By Polystyrene (PS) for the Period 2021-2031
Historical Data and Forecast of Latvia Styrenics Market Revenues & Volume By Expanded Polystyrene (EPS) for the Period 2021-2031
Historical Data and Forecast of Latvia Styrenics Market Revenues & Volume By Acrylonitrile Butadiene Styrene (ABS) for the Period 2021-2031
Historical Data and Forecast of Latvia Styrenics Market Revenues & Volume By Styrene Butadiene Rubber (SBR) for the Period 2021-2031
Historical Data and Forecast of Latvia Styrenics Market Revenues & Volume By Unsaturated Polyester Resin (UPR) for the Period 2021-2031
Historical Data and Forecast of Latvia Styrenics Market Revenues & Volume By Other Polymers for the Period 2021-2031
Latvia Styrenics Import Export Trade Statistics
Market Opportunity Assessment By Polymer Types
Latvia Styrenics Top Companies Market Share
Latvia Styrenics Competitive Benchmarking By Technical and Operational Parameters
Latvia Styrenics Company Profiles
Latvia Styrenics Key Strategic Recommendations

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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 Styrenics Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Styrenics Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Styrenics Market - Industry Life Cycle

3.4 Latvia Styrenics Market - Porter's Five Forces

3.5 Latvia Styrenics Market Revenues & Volume Share, By Polymer Types, 2021 & 2031F

4 Latvia Styrenics Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lightweight materials in automotive and construction industries

4.2.2 Growing awareness and adoption of sustainable and recyclable materials

4.2.3 Technological advancements leading to improved product performance and cost-efficiency

4.3 Market Restraints

4.3.1 Volatility in raw material prices impacting production costs

4.3.2 Stringent regulations on environmental impact and waste management

4.3.3 Competition from alternative materials such as polyethylene and polypropylene

5 Latvia Styrenics Market Trends

6 Latvia Styrenics Market Segmentations

6.1 Latvia Styrenics Market, By Polymer Types

6.1.1 Overview and Analysis

6.1.2 Latvia Styrenics Market Revenues & Volume, By Polystyrene (PS), 2021-2031F

6.1.3 Latvia Styrenics Market Revenues & Volume, By Expanded Polystyrene (EPS), 2021-2031F

6.1.4 Latvia Styrenics Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021-2031F

6.1.5 Latvia Styrenics Market Revenues & Volume, By Styrene Butadiene Rubber (SBR), 2021-2031F

6.1.6 Latvia Styrenics Market Revenues & Volume, By Unsaturated Polyester Resin (UPR), 2021-2031F

6.1.7 Latvia Styrenics Market Revenues & Volume, By Other Polymers, 2021-2031F

7 Latvia Styrenics Market Import-Export Trade Statistics

7.1 Latvia Styrenics Market Export to Major Countries

7.2 Latvia Styrenics Market Imports from Major Countries

8 Latvia Styrenics Market Key Performance Indicators

8.1 Recycling rate of styrenics in Latvia

8.2 Adoption rate of styrenics in new applications

8.3 Investment in research and development for styrenics innovation

9 Latvia Styrenics Market - Opportunity Assessment

9.1 Latvia Styrenics Market Opportunity Assessment, By Polymer Types, 2021 & 2031F

10 Latvia Styrenics Market - Competitive Landscape

10.1 Latvia Styrenics Market Revenue Share, By Companies, 2024

10.2 Latvia Styrenics Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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