| Product Code: ETC4638567 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Lithuania`s import shipments of thermoplastic elastomers in 2024 continued to be dominated by key suppliers such as Poland, Germany, UK, Denmark, and Sweden. Despite a decrease in the concentration of market share from 2023, the market remained highly concentrated in 2024. The compound annual growth rate (CAGR) for the period 2020-24 was -15.57%, with a notable decline in the growth rate from 2023 to 2024 at -26.51%. This data suggests a challenging market environment for thermoplastic elastomers imports in Lithuania, potentially impacted by various factors influencing demand and supply dynamics.

Lithuania's Thermoplastic Elastomers market is anticipated to experience a stable growth rate of 4.26% by 2027, reflecting trends observed in the largest economy Germany, 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 Thermoplastic Elastomers Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Thermoplastic Elastomers Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Thermoplastic Elastomers Market - Industry Life Cycle |
3.4 Lithuania Thermoplastic Elastomers Market - Porter's Five Forces |
3.5 Lithuania Thermoplastic Elastomers Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 Lithuania Thermoplastic Elastomers Market Revenues & Volume Share, By End users, 2021 & 2031F |
4 Lithuania Thermoplastic Elastomers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance materials in industries such as automotive, construction, and healthcare. |
4.2.2 Growing emphasis on sustainability and recyclability, driving the adoption of thermoplastic elastomers. |
4.2.3 Technological advancements leading to the development of innovative thermoplastic elastomer products. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Competition from other materials such as thermoset rubbers and traditional elastomers. |
4.3.3 Regulatory challenges related to environmental standards and product safety. |
5 Lithuania Thermoplastic Elastomers Market Trends |
6 Lithuania Thermoplastic Elastomers Market Segmentations |
6.1 Lithuania Thermoplastic Elastomers Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Thermoplastic Elastomers Market Revenues & Volume, By Thermoplastic Polyurethane, 2021-2031F |
6.1.3 Lithuania Thermoplastic Elastomers Market Revenues & Volume, By Thermoplastic Vulcanizates, 2021-2031F |
6.1.4 Lithuania Thermoplastic Elastomers Market Revenues & Volume, By Thermoplastic Polyolefins, 2021-2031F |
6.1.5 Lithuania Thermoplastic Elastomers Market Revenues & Volume, By Copolymer Esters, 2021-2031F |
6.1.6 Lithuania Thermoplastic Elastomers Market Revenues & Volume, By Styrene Block Copolymer, 2021-2031F |
6.1.7 Lithuania Thermoplastic Elastomers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Lithuania Thermoplastic Elastomers Market, By End users |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Thermoplastic Elastomers Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.3 Lithuania Thermoplastic Elastomers Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.4 Lithuania Thermoplastic Elastomers Market Revenues & Volume, By Appliances & Whitegoods, 2021-2031F |
6.2.5 Lithuania Thermoplastic Elastomers Market Revenues & Volume, By Footwear, 2021-2031F |
6.2.6 Lithuania Thermoplastic Elastomers Market Revenues & Volume, By Others, 2021-2031F |
7 Lithuania Thermoplastic Elastomers Market Import-Export Trade Statistics |
7.1 Lithuania Thermoplastic Elastomers Market Export to Major Countries |
7.2 Lithuania Thermoplastic Elastomers Market Imports from Major Countries |
8 Lithuania Thermoplastic Elastomers Market Key Performance Indicators |
8.1 Innovation rate: Number of new thermoplastic elastomer products introduced in the market annually. |
8.2 Adoption rate: Percentage of manufacturers in Lithuania using thermoplastic elastomers in their products. |
8.3 RD investment: Amount of investment in research and development activities for thermoplastic elastomers. |
8.4 Environmental impact: Carbon footprint reduction achieved by using thermoplastic elastomers compared to traditional materials. |
8.5 Customer satisfaction: Feedback and satisfaction levels of customers using thermoplastic elastomer products. |
9 Lithuania Thermoplastic Elastomers Market - Opportunity Assessment |
9.1 Lithuania Thermoplastic Elastomers Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 Lithuania Thermoplastic Elastomers Market Opportunity Assessment, By End users, 2021 & 2031F |
10 Lithuania Thermoplastic Elastomers Market - Competitive Landscape |
10.1 Lithuania Thermoplastic Elastomers Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Thermoplastic Elastomers 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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