| Product Code: ETC5324182 | 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 |
The Lithuania synthetic rubber import market showed notable changes in 2024, with Italy, Netherlands, Spain, Poland, and Russia emerging as significant exporters. The shift from high to moderate concentration indicates a more diversified supplier base. The impressive CAGR of 39.49% from 2020 to 2024 highlights substantial market expansion. However, the sharp decline in growth rate from 2023 to 2024 at -64.29% suggests a recent slowdown in import activity. Monitoring these trends will be crucial for stakeholders to understand the evolving dynamics of the synthetic rubber market in Lithuania.

By 2027, Lithuania's Synthetic Rubber market is forecasted to achieve a stable growth rate of 0.80%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Synthetic Rubber Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Synthetic Rubber Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Synthetic Rubber Market - Industry Life Cycle |
3.4 Lithuania Synthetic Rubber Market - Porter's Five Forces |
3.5 Lithuania Synthetic Rubber Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Synthetic Rubber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Synthetic Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for synthetic rubber in the automotive industry for tire manufacturing |
4.2.2 Growing construction industry in Lithuania leading to higher demand for synthetic rubber products |
4.2.3 Favorable government regulations and policies supporting the synthetic rubber market |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of synthetic rubber |
4.3.2 Intense competition from natural rubber products affecting market growth |
4.3.3 Environmental concerns related to the production and disposal of synthetic rubber |
5 Lithuania Synthetic Rubber Market Trends |
6 Lithuania Synthetic Rubber Market Segmentations |
6.1 Lithuania Synthetic Rubber Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Synthetic Rubber Market Revenues & Volume, By Styrene Butadiene Rubber, 2021-2031F |
6.1.3 Lithuania Synthetic Rubber Market Revenues & Volume, By Nitrile Rubber, 2021-2031F |
6.1.4 Lithuania Synthetic Rubber Market Revenues & Volume, By Polybutadiene Rubber, 2021-2031F |
6.1.5 Lithuania Synthetic Rubber Market Revenues & Volume, By Butyl Rubber, 2021-2031F |
6.1.6 Lithuania Synthetic Rubber Market Revenues & Volume, By Others, 2021-2031F |
6.2 Lithuania Synthetic Rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Synthetic Rubber Market Revenues & Volume, By Tire, 2021-2031F |
6.2.3 Lithuania Synthetic Rubber Market Revenues & Volume, By Non-tire Automotive, 2021-2031F |
6.2.4 Lithuania Synthetic Rubber Market Revenues & Volume, By Industrial Rubber Goods, 2021-2031F |
6.2.5 Lithuania Synthetic Rubber Market Revenues & Volume, By Footwear, 2021-2031F |
6.2.6 Lithuania Synthetic Rubber Market Revenues & Volume, By Others, 2021-2031F |
7 Lithuania Synthetic Rubber Market Import-Export Trade Statistics |
7.1 Lithuania Synthetic Rubber Market Export to Major Countries |
7.2 Lithuania Synthetic Rubber Market Imports from Major Countries |
8 Lithuania Synthetic Rubber Market Key Performance Indicators |
8.1 Research and development investments in new synthetic rubber technologies |
8.2 Adoption rate of synthetic rubber products in various industries |
8.3 Environmental sustainability initiatives within the synthetic rubber industry |
9 Lithuania Synthetic Rubber Market - Opportunity Assessment |
9.1 Lithuania Synthetic Rubber Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Synthetic Rubber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Synthetic Rubber Market - Competitive Landscape |
10.1 Lithuania Synthetic Rubber Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Synthetic Rubber 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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