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

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Styrenics 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 Styrenics 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 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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