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

Market Forecast By Type (Liquid Vinyl Chloride Monomer, Solid Vinyl Chloride Monomer), By Application (Industrial, Agricultural, Construction, Automobile, Others) And Competitive Landscape
Product Code: ETC7924214 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Summon Dutta No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Latvia Vinyl Chloride Monomer Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Germany and Austria emerged as top exporters of vinyl chloride monomer to Latvia, reflecting a strong trade relationship. Despite high concentration with a high Herfindahl-Hirschman Index (HHI), indicating market dominance, the industry saw substantial growth with a remarkable CAGR of 76.26% from 2020 to 2024. The impressive growth rate of 67.7% from 2023 to 2024 indicates a thriving market for vinyl chloride monomer import shipments in Latvia. This data suggests a promising outlook for the industry in the coming years.

Latvia Vinyl Chloride Monomer Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Vinyl Chloride Monomer Market Outlook
  • Market Size of Latvia Vinyl Chloride Monomer Market, 2024
  • Forecast of Latvia Vinyl Chloride Monomer Market, 2031
  • Historical Data and Forecast of Latvia Vinyl Chloride Monomer Revenues & Volume for the Period 2021- 2031
  • Latvia Vinyl Chloride Monomer Market Trend Evolution
  • Latvia Vinyl Chloride Monomer Market Drivers and Challenges
  • Latvia Vinyl Chloride Monomer Price Trends
  • Latvia Vinyl Chloride Monomer Porter's Five Forces
  • Latvia Vinyl Chloride Monomer Industry Life Cycle
  • Historical Data and Forecast of Latvia Vinyl Chloride Monomer Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Vinyl Chloride Monomer Market Revenues & Volume By Liquid Vinyl Chloride Monomer for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Vinyl Chloride Monomer Market Revenues & Volume By Solid Vinyl Chloride Monomer for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Vinyl Chloride Monomer Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Vinyl Chloride Monomer Market Revenues & Volume By Industrial for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Vinyl Chloride Monomer Market Revenues & Volume By Agricultural for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Vinyl Chloride Monomer Market Revenues & Volume By Construction for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Vinyl Chloride Monomer Market Revenues & Volume By Automobile for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Vinyl Chloride Monomer Market Revenues & Volume By Others for the Period 2021- 2031
  • Latvia Vinyl Chloride Monomer Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Latvia Vinyl Chloride Monomer Top Companies Market Share
  • Latvia Vinyl Chloride Monomer Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Vinyl Chloride Monomer Company Profiles
  • Latvia Vinyl Chloride Monomer Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Vinyl Chloride Monomer Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Vinyl Chloride Monomer Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Vinyl Chloride Monomer Market - Industry Life Cycle

3.4 Latvia Vinyl Chloride Monomer Market - Porter's Five Forces

3.5 Latvia Vinyl Chloride Monomer Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Vinyl Chloride Monomer Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Vinyl Chloride Monomer Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand for PVC (Polyvinyl Chloride) products in various industries such as construction, automotive, and packaging.

4.2.2 Increasing investments in infrastructure projects in Latvia and the Baltic region.

4.2.3 Favorable government regulations promoting the use of PVC and its derivatives.

4.3 Market Restraints

4.3.1 Volatility in raw material prices, particularly ethylene and chlorine, which are key components in the production of vinyl chloride monomer.

4.3.2 Environmental concerns and regulations regarding the production and use of PVC products.

4.3.3 Competition from alternative materials such as polyethylene and polypropylene.

5 Latvia Vinyl Chloride Monomer Market Trends

6 Latvia Vinyl Chloride Monomer Market, By Types

6.1 Latvia Vinyl Chloride Monomer Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Vinyl Chloride Monomer Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Latvia Vinyl Chloride Monomer Market Revenues & Volume, By Liquid Vinyl Chloride Monomer, 2021- 2031F

6.1.4 Latvia Vinyl Chloride Monomer Market Revenues & Volume, By Solid Vinyl Chloride Monomer, 2021- 2031F

6.2 Latvia Vinyl Chloride Monomer Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Vinyl Chloride Monomer Market Revenues & Volume, By Industrial, 2021- 2031F

6.2.3 Latvia Vinyl Chloride Monomer Market Revenues & Volume, By Agricultural, 2021- 2031F

6.2.4 Latvia Vinyl Chloride Monomer Market Revenues & Volume, By Construction, 2021- 2031F

6.2.5 Latvia Vinyl Chloride Monomer Market Revenues & Volume, By Automobile, 2021- 2031F

6.2.6 Latvia Vinyl Chloride Monomer Market Revenues & Volume, By Others, 2021- 2031F

7 Latvia Vinyl Chloride Monomer Market Import-Export Trade Statistics

7.1 Latvia Vinyl Chloride Monomer Market Export to Major Countries

7.2 Latvia Vinyl Chloride Monomer Market Imports from Major Countries

8 Latvia Vinyl Chloride Monomer Market Key Performance Indicators

8.1 Capacity utilization rate of vinyl chloride monomer production facilities in Latvia.

8.2 Average selling price of vinyl chloride monomer in the Latvian market.

8.3 Number of new PVC product launches in Latvia using locally produced vinyl chloride monomer.

8.4 Compliance rate with environmental regulations and sustainability initiatives in the vinyl chloride monomer production process.

8.5 Research and development expenditure on improving production efficiency and product quality in the vinyl chloride monomer market in Latvia.

9 Latvia Vinyl Chloride Monomer Market - Opportunity Assessment

9.1 Latvia Vinyl Chloride Monomer Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Vinyl Chloride Monomer Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Vinyl Chloride Monomer Market - Competitive Landscape

10.1 Latvia Vinyl Chloride Monomer Market Revenue Share, By Companies, 2024

10.2 Latvia Vinyl Chloride Monomer Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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