| Product Code: ETC5041552 | 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 |
Latvia`s adhesive resin import market in 2024 saw significant contributions from top exporting countries like Germany, Finland, and the Netherlands. The market demonstrated moderate concentration levels with a consistent Compound Annual Growth Rate (CAGR) of 4.86% from 2020 to 2024. The growth rate in 2024 remained stable at 1.35%, indicating steady progress in the import shipments of adhesive resin. The continued presence of key exporters and the positive growth trends reflect a promising outlook for the market`s development 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 Adhesive Resin Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Adhesive Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Adhesive Resin Market - Industry Life Cycle |
3.4 Latvia Adhesive Resin Market - Porter's Five Forces |
3.5 Latvia Adhesive Resin Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Latvia Adhesive Resin Market Revenues & Volume Share, By Formulating Technology, 2021 & 2031F |
3.7 Latvia Adhesive Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Adhesive Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable adhesive resin products |
4.2.2 Increasing use of adhesive resins in construction and automotive industries |
4.2.3 Technological advancements leading to the development of innovative adhesive resin formulations |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in adhesive resin production |
4.3.2 Stringent environmental regulations impacting the production and usage of adhesive resins |
4.3.3 Competition from alternative bonding technologies such as mechanical fastening and welding |
5 Latvia Adhesive Resin Market Trends |
6 Latvia Adhesive Resin Market Segmentations |
6.1 Latvia Adhesive Resin Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Adhesive Resin Market Revenues & Volume, By Polyacrylic Ester, 2021-2031F |
6.1.3 Latvia Adhesive Resin Market Revenues & Volume, By Polyvinyl Acetate, 2021-2031F |
6.1.4 Latvia Adhesive Resin Market Revenues & Volume, By Vinyl Acetate Ethylene, 2021-2031F |
6.1.5 Latvia Adhesive Resin Market Revenues & Volume, By Synthetic Rubber, 2021-2031F |
6.1.6 Latvia Adhesive Resin Market Revenues & Volume, By Polyamide, 2021-2031F |
6.1.7 Latvia Adhesive Resin Market Revenues & Volume, By Ethylene Vinyl Acetate, 2021-2031F |
6.1.9 Latvia Adhesive Resin Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Latvia Adhesive Resin Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Adhesive Resin Market, By Formulating Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Adhesive Resin Market Revenues & Volume, By Water-based, 2021-2031F |
6.2.3 Latvia Adhesive Resin Market Revenues & Volume, By Solvent-based, 2021-2031F |
6.2.4 Latvia Adhesive Resin Market Revenues & Volume, By Hot Melt, 2021-2031F |
6.2.5 Latvia Adhesive Resin Market Revenues & Volume, By Reactive & Others, 2021-2031F |
6.3 Latvia Adhesive Resin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Adhesive Resin Market Revenues & Volume, By Paper & Packaging, 2021-2031F |
6.3.3 Latvia Adhesive Resin Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.4 Latvia Adhesive Resin Market Revenues & Volume, By Wood-working, 2021-2031F |
6.3.5 Latvia Adhesive Resin Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.6 Latvia Adhesive Resin Market Revenues & Volume, By Consumer/diy, 2021-2031F |
6.3.7 Latvia Adhesive Resin Market Revenues & Volume, By Leather & Footwear, 2021-2031F |
7 Latvia Adhesive Resin Market Import-Export Trade Statistics |
7.1 Latvia Adhesive Resin Market Export to Major Countries |
7.2 Latvia Adhesive Resin Market Imports from Major Countries |
8 Latvia Adhesive Resin Market Key Performance Indicators |
8.1 Research and development investment in new adhesive resin formulations |
8.2 Adoption rate of eco-friendly adhesive resin products in the market |
8.3 Number of patents filed for innovative adhesive resin technologies |
9 Latvia Adhesive Resin Market - Opportunity Assessment |
9.1 Latvia Adhesive Resin Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Latvia Adhesive Resin Market Opportunity Assessment, By Formulating Technology, 2021 & 2031F |
9.3 Latvia Adhesive Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Adhesive Resin Market - Competitive Landscape |
10.1 Latvia Adhesive Resin Market Revenue Share, By Companies, 2024 |
10.2 Latvia Adhesive Resin 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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