| Product Code: ETC7923186 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see significant import shipments of thermoplastic polyamide elastomer, with top exporting countries being Belarus, Poland, Slovakia, Spain, and Czechia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the compound annual growth rate (CAGR) from 2020 to 2024 stood at 2.64%. Notably, there was a substantial growth rate of 34.14% from 2023 to 2024, suggesting a potential surge in demand for this particular product in the Latvian market. Market players should closely monitor these trends for strategic decision-making.

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 Thermoplastic Polyamide Elastomer Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Thermoplastic Polyamide Elastomer Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Thermoplastic Polyamide Elastomer Market - Industry Life Cycle |
3.4 Latvia Thermoplastic Polyamide Elastomer Market - Porter's Five Forces |
3.5 Latvia Thermoplastic Polyamide Elastomer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Thermoplastic Polyamide Elastomer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Thermoplastic Polyamide Elastomer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and aerospace industries |
4.2.2 Growing awareness about the benefits of thermoplastic polyamide elastomers in various applications |
4.2.3 Technological advancements leading to improved performance and cost-effectiveness |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Competition from alternative materials such as thermoplastic polyurethane and thermoplastic vulcanizates |
4.3.3 Regulatory challenges related to environmental concerns and sustainability |
5 Latvia Thermoplastic Polyamide Elastomer Market Trends |
6 Latvia Thermoplastic Polyamide Elastomer Market, By Types |
6.1 Latvia Thermoplastic Polyamide Elastomer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Thermoplastic Polyamide Elastomer Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Thermoplastic Polyamide Elastomer Market Revenues & Volume, By Ester-based, 2021- 2031F |
6.1.4 Latvia Thermoplastic Polyamide Elastomer Market Revenues & Volume, By Ether-based, 2021- 2031F |
6.1.5 Latvia Thermoplastic Polyamide Elastomer Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Thermoplastic Polyamide Elastomer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Thermoplastic Polyamide Elastomer Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Latvia Thermoplastic Polyamide Elastomer Market Revenues & Volume, By Medical, 2021- 2031F |
6.2.4 Latvia Thermoplastic Polyamide Elastomer Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.2.5 Latvia Thermoplastic Polyamide Elastomer Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.2.6 Latvia Thermoplastic Polyamide Elastomer Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.7 Latvia Thermoplastic Polyamide Elastomer Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Thermoplastic Polyamide Elastomer Market Import-Export Trade Statistics |
7.1 Latvia Thermoplastic Polyamide Elastomer Market Export to Major Countries |
7.2 Latvia Thermoplastic Polyamide Elastomer Market Imports from Major Countries |
8 Latvia Thermoplastic Polyamide Elastomer Market Key Performance Indicators |
8.1 Research and development investment in new product formulations and applications |
8.2 Adoption rate of thermoplastic polyamide elastomers in emerging industries |
8.3 Rate of technological advancements and innovations in production processes |
8.4 Percentage of market penetration in key end-use industries |
8.5 Customer satisfaction and loyalty metrics |
9 Latvia Thermoplastic Polyamide Elastomer Market - Opportunity Assessment |
9.1 Latvia Thermoplastic Polyamide Elastomer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Thermoplastic Polyamide Elastomer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Thermoplastic Polyamide Elastomer Market - Competitive Landscape |
10.1 Latvia Thermoplastic Polyamide Elastomer Market Revenue Share, By Companies, 2024 |
10.2 Latvia Thermoplastic Polyamide Elastomer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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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