| Product Code: ETC5735798 | 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 |
In 2024, Lithuania continued to rely on imports of modified bitumen, with key suppliers being Poland, Latvia, Metropolitan France, Germany, and Denmark. Despite a slight decline in the compound annual growth rate (CAGR) from 2020-2024, the market saw a positive growth rate of 3.97% in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially impacting competition and pricing dynamics. Monitoring the evolving trends in import sources and market concentration will be crucial for stakeholders in the Lithuanian modified bitumen industry.

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 Lithuania Modified Bitumen Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Modified Bitumen Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Modified Bitumen Market - Industry Life Cycle |
3.4 Lithuania Modified Bitumen Market - Porter's Five Forces |
3.5 Lithuania Modified Bitumen Market Revenues & Volume Share, By Modifier Type, 2021 & 2031F |
3.6 Lithuania Modified Bitumen Market Revenues & Volume Share, By Application Method, 2021 & 2031F |
3.7 Lithuania Modified Bitumen Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Lithuania Modified Bitumen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in Lithuania |
4.2.2 Growing focus on sustainable and eco-friendly construction materials |
4.2.3 Rising demand for durable and high-performance road surfaces |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in manufacturing modified bitumen |
4.3.2 Competition from alternative road construction materials |
4.3.3 Regulatory challenges related to product approvals and certifications |
5 Lithuania Modified Bitumen Market Trends |
6 Lithuania Modified Bitumen Market Segmentations |
6.1 Lithuania Modified Bitumen Market, By Modifier Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Modified Bitumen Market Revenues & Volume, By SBS, 2021-2031F |
6.1.3 Lithuania Modified Bitumen Market Revenues & Volume, By APP, 2021-2031F |
6.1.4 Lithuania Modified Bitumen Market Revenues & Volume, By Crumb Rubber, 2021-2031F |
6.1.5 Lithuania Modified Bitumen Market Revenues & Volume, By Natural Rubber, 2021-2031F |
6.2 Lithuania Modified Bitumen Market, By Application Method |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Modified Bitumen Market Revenues & Volume, By Hot Asphalt, 2021-2031F |
6.2.3 Lithuania Modified Bitumen Market Revenues & Volume, By Cold Asphalt, 2021-2031F |
6.2.4 Lithuania Modified Bitumen Market Revenues & Volume, By Torch-Applied, 2021-2031F |
6.3 Lithuania Modified Bitumen Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Modified Bitumen Market Revenues & Volume, By Road Construction, 2021-2031F |
6.3.3 Lithuania Modified Bitumen Market Revenues & Volume, By Building Construction, 2021-2031F |
7 Lithuania Modified Bitumen Market Import-Export Trade Statistics |
7.1 Lithuania Modified Bitumen Market Export to Major Countries |
7.2 Lithuania Modified Bitumen Market Imports from Major Countries |
8 Lithuania Modified Bitumen Market Key Performance Indicators |
8.1 Number of infrastructure projects utilizing modified bitumen |
8.2 Adoption rate of eco-friendly construction materials in Lithuania |
8.3 Percentage of road maintenance budgets allocated to modified bitumen products. |
9 Lithuania Modified Bitumen Market - Opportunity Assessment |
9.1 Lithuania Modified Bitumen Market Opportunity Assessment, By Modifier Type, 2021 & 2031F |
9.2 Lithuania Modified Bitumen Market Opportunity Assessment, By Application Method, 2021 & 2031F |
9.3 Lithuania Modified Bitumen Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Lithuania Modified Bitumen Market - Competitive Landscape |
10.1 Lithuania Modified Bitumen Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Modified Bitumen 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.
To discover high-growth global markets and optimize your business strategy:
Click Here