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

Name: Latvia Thermoplastic Polyurethane Market (2025-2031) | Trends & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Type (Polyester-based Thermoplastic Polyurethane, Polyether-based Thermoplastic Polyurethane, Polycaprolactone-based Thermoplastic Polyurethane), By Application (Medical Tubing, Wound Care, Medical Devices and Components, Orthopedic Devices), By End User (Hospitals and Clinics, Medical Device Manufacturers, Home healthcare) And Competitive Landscape

Product Code: ETC7923193	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

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

Latvia`s import shipments of thermoplastic polyurethane in 2024 saw a shift in concentration levels from high to moderate, indicating a more diversified import market. Top exporting countries such as Germany, USA, Poland, Lithuania, and Finland continue to play a significant role in supplying to Latvia. The compound annual growth rate (CAGR) from 2020-24 stood at 2.63%, reflecting steady growth in the market. However, the growth rate from 2023-24 experienced a decline of -9.66%, suggesting a temporary setback in import volumes. Overall, the market for thermoplastic polyurethane imports in Latvia remains dynamic and evolving.

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

Key Highlights of the Report:

Latvia Thermoplastic Polyurethane Market Outlook
Market Size of Latvia Thermoplastic Polyurethane Market, 2024
Forecast of Latvia Thermoplastic Polyurethane Market, 2031
Historical Data and Forecast of Latvia Thermoplastic Polyurethane Revenues & Volume for the Period 2021- 2031
Latvia Thermoplastic Polyurethane Market Trend Evolution
Latvia Thermoplastic Polyurethane Market Drivers and Challenges
Latvia Thermoplastic Polyurethane Price Trends
Latvia Thermoplastic Polyurethane Porter's Five Forces
Latvia Thermoplastic Polyurethane Industry Life Cycle
Historical Data and Forecast of Latvia Thermoplastic Polyurethane Market Revenues & Volume By Type for the Period 2021- 2031
Historical Data and Forecast of Latvia Thermoplastic Polyurethane Market Revenues & Volume By Polyester-based Thermoplastic Polyurethane for the Period 2021- 2031
Historical Data and Forecast of Latvia Thermoplastic Polyurethane Market Revenues & Volume By Polyether-based Thermoplastic Polyurethane for the Period 2021- 2031
Historical Data and Forecast of Latvia Thermoplastic Polyurethane Market Revenues & Volume By Polycaprolactone-based Thermoplastic Polyurethane for the Period 2021- 2031
Historical Data and Forecast of Latvia Thermoplastic Polyurethane Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Latvia Thermoplastic Polyurethane Market Revenues & Volume By Medical Tubing for the Period 2021- 2031
Historical Data and Forecast of Latvia Thermoplastic Polyurethane Market Revenues & Volume By Wound Care for the Period 2021- 2031
Historical Data and Forecast of Latvia Thermoplastic Polyurethane Market Revenues & Volume By Medical Devices and Components for the Period 2021- 2031
Historical Data and Forecast of Latvia Thermoplastic Polyurethane Market Revenues & Volume By Orthopedic Devices for the Period 2021- 2031
Historical Data and Forecast of Latvia Thermoplastic Polyurethane Market Revenues & Volume By End User for the Period 2021- 2031
Historical Data and Forecast of Latvia Thermoplastic Polyurethane Market Revenues & Volume By Hospitals and Clinics for the Period 2021- 2031
Historical Data and Forecast of Latvia Thermoplastic Polyurethane Market Revenues & Volume By Medical Device Manufacturers for the Period 2021- 2031
Historical Data and Forecast of Latvia Thermoplastic Polyurethane Market Revenues & Volume By Home healthcare for the Period 2021- 2031
Latvia Thermoplastic Polyurethane Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By End User
Latvia Thermoplastic Polyurethane Top Companies Market Share
Latvia Thermoplastic Polyurethane Competitive Benchmarking By Technical and Operational Parameters
Latvia Thermoplastic Polyurethane Company Profiles
Latvia Thermoplastic Polyurethane 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 Thermoplastic Polyurethane Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Thermoplastic Polyurethane Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Thermoplastic Polyurethane Market - Industry Life Cycle

3.4 Latvia Thermoplastic Polyurethane Market - Porter's Five Forces

3.5 Latvia Thermoplastic Polyurethane Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Thermoplastic Polyurethane Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Latvia Thermoplastic Polyurethane Market Revenues & Volume Share, By End User, 2021 & 2031F

4 Latvia Thermoplastic Polyurethane Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lightweight and durable materials in various end-use industries.

4.2.2 Growing focus on sustainable and eco-friendly products.

4.2.3 Technological advancements leading to the development of innovative thermoplastic polyurethane products.

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials impacting production costs.

4.3.2 Intense competition from other materials like PVC and rubber in the market.

4.3.3 Regulations and standards related to environmental impact and safety concerns.

5 Latvia Thermoplastic Polyurethane Market Trends

6 Latvia Thermoplastic Polyurethane Market, By Types

6.1 Latvia Thermoplastic Polyurethane Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Thermoplastic Polyurethane Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Latvia Thermoplastic Polyurethane Market Revenues & Volume, By Polyester-based Thermoplastic Polyurethane, 2021- 2031F

6.1.4 Latvia Thermoplastic Polyurethane Market Revenues & Volume, By Polyether-based Thermoplastic Polyurethane, 2021- 2031F

6.1.5 Latvia Thermoplastic Polyurethane Market Revenues & Volume, By Polycaprolactone-based Thermoplastic Polyurethane, 2021- 2031F

6.2 Latvia Thermoplastic Polyurethane Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Thermoplastic Polyurethane Market Revenues & Volume, By Medical Tubing, 2021- 2031F

6.2.3 Latvia Thermoplastic Polyurethane Market Revenues & Volume, By Wound Care, 2021- 2031F

6.2.4 Latvia Thermoplastic Polyurethane Market Revenues & Volume, By Medical Devices and Components, 2021- 2031F

6.2.5 Latvia Thermoplastic Polyurethane Market Revenues & Volume, By Orthopedic Devices, 2021- 2031F

6.3 Latvia Thermoplastic Polyurethane Market, By End User

6.3.1 Overview and Analysis

6.3.2 Latvia Thermoplastic Polyurethane Market Revenues & Volume, By Hospitals and Clinics, 2021- 2031F

6.3.3 Latvia Thermoplastic Polyurethane Market Revenues & Volume, By Medical Device Manufacturers, 2021- 2031F

6.3.4 Latvia Thermoplastic Polyurethane Market Revenues & Volume, By Home healthcare, 2021- 2031F

7 Latvia Thermoplastic Polyurethane Market Import-Export Trade Statistics

7.1 Latvia Thermoplastic Polyurethane Market Export to Major Countries

7.2 Latvia Thermoplastic Polyurethane Market Imports from Major Countries

8 Latvia Thermoplastic Polyurethane Market Key Performance Indicators

8.1 Research and development investment in new TPU formulations.

8.2 Adoption rate of TPU in emerging applications such as automotive and footwear.

8.3 Number of patents filed for TPU-related innovations.

8.4 Environmental impact assessments and certifications obtained for TPU production processes.

9 Latvia Thermoplastic Polyurethane Market - Opportunity Assessment

9.1 Latvia Thermoplastic Polyurethane Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Thermoplastic Polyurethane Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Latvia Thermoplastic Polyurethane Market Opportunity Assessment, By End User, 2021 & 2031F

10 Latvia Thermoplastic Polyurethane Market - Competitive Landscape

10.1 Latvia Thermoplastic Polyurethane Market Revenue Share, By Companies, 2024

10.2 Latvia Thermoplastic Polyurethane 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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