| Product Code: ETC7923638 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see a steady flow of UV adhesive imports, with top suppliers including Lithuania, Estonia, Germany, Metropolitan France, and the Netherlands. The market remained relatively competitive, as indicated by the low Herfindahl-Hirschman Index (HHI) concentration. Despite a slight overall growth rate with a CAGR of 0.64% from 2020 to 2024, there was a notable decline in growth in 2024 with a -8.04% rate compared to the previous year. This trend suggests a potential shift in market dynamics or external factors impacting the import landscape for UV adhesives in Latvia.

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 UV Adhesive Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia UV Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia UV Adhesive Market - Industry Life Cycle |
3.4 Latvia UV Adhesive Market - Porter's Five Forces |
3.5 Latvia UV Adhesive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia UV Adhesive Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia UV Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for UV adhesives in various industries such as automotive, electronics, and healthcare due to their superior bonding properties and environmental benefits. |
4.2.2 Growing awareness about the advantages of UV adhesives in terms of efficiency, durability, and sustainability among end-users. |
4.2.3 Technological advancements leading to the development of UV adhesives with enhanced performance characteristics and broader application possibilities. |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up UV adhesive manufacturing facilities and UV curing equipment, which may deter new market entrants. |
4.3.2 Limited availability of raw materials and chemicals required for UV adhesive production, leading to potential supply chain disruptions. |
4.3.3 Stringent regulatory requirements and standards pertaining to the use and disposal of UV adhesives, increasing compliance costs for manufacturers. |
5 Latvia UV Adhesive Market Trends |
6 Latvia UV Adhesive Market, By Types |
6.1 Latvia UV Adhesive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia UV Adhesive Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia UV Adhesive Market Revenues & Volume, By Structural UV Adhesive, 2021- 2031F |
6.1.4 Latvia UV Adhesive Market Revenues & Volume, By Sealant Adhesion UV Adhesive, 2021- 2031F |
6.1.5 Latvia UV Adhesive Market Revenues & Volume, By Pressure Sensitive UV Adhesive, 2021- 2031F |
6.2 Latvia UV Adhesive Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia UV Adhesive Market Revenues & Volume, By Optical Industry, 2021- 2031F |
6.2.3 Latvia UV Adhesive Market Revenues & Volume, By Microelectronics, 2021- 2031F |
6.2.4 Latvia UV Adhesive Market Revenues & Volume, By Medical, 2021- 2031F |
6.2.5 Latvia UV Adhesive Market Revenues & Volume, By Other, 2021- 2031F |
7 Latvia UV Adhesive Market Import-Export Trade Statistics |
7.1 Latvia UV Adhesive Market Export to Major Countries |
7.2 Latvia UV Adhesive Market Imports from Major Countries |
8 Latvia UV Adhesive Market Key Performance Indicators |
8.1 Research and development investment in UV adhesive technology to track innovation and product development. |
8.2 Adoption rate of UV adhesives across different industries to gauge market acceptance and potential for growth. |
8.3 Environmental impact assessment measures such as carbon footprint reduction and waste minimization achieved through UV adhesive usage. |
9 Latvia UV Adhesive Market - Opportunity Assessment |
9.1 Latvia UV Adhesive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia UV Adhesive Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia UV Adhesive Market - Competitive Landscape |
10.1 Latvia UV Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Latvia UV Adhesive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |