| Product Code: ETC5309281 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s polyurethane resin import market saw a shift in concentration from high to moderate in 2024, reflecting a more diverse import landscape. Key exporting countries like Germany, USA, Poland, Lithuania, and Finland are driving the market growth with a CAGR of 2.63% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -9.66%. This changing dynamic suggests opportunities for market players to capitalize on the evolving import trends and establish stronger partnerships with top exporting nations.
By 2027, the Polyurethane Resin market in Latvia is anticipated to reach a growth rate of 0.43%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Polyurethane Resin Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyurethane Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyurethane Resin Market - Industry Life Cycle |
3.4 Latvia Polyurethane Resin Market - Porter's Five Forces |
3.5 Latvia Polyurethane Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polyurethane Resin Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 Latvia Polyurethane Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Polyurethane Resin Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Latvia Polyurethane Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable materials in various industries |
4.2.2 Growing construction and automotive sectors in Latvia |
4.2.3 Advancements in technology leading to the development of innovative polyurethane resin products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations regarding the use of certain chemicals in polyurethane resin manufacturing |
4.3.3 Intense competition from alternative materials in the market |
5 Latvia Polyurethane Resin Market Trends |
6 Latvia Polyurethane Resin Market Segmentations |
6.1 Latvia Polyurethane Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyurethane Resin Market Revenues & Volume, By Water-based PU Resin, 2021-2031F |
6.1.3 Latvia Polyurethane Resin Market Revenues & Volume, By Solvent-based PU Resin, 2021-2031F |
6.1.4 Latvia Polyurethane Resin Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Polyurethane Resin Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyurethane Resin Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 Latvia Polyurethane Resin Market Revenues & Volume, By Automobile, 2021-2031F |
6.2.4 Latvia Polyurethane Resin Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 Latvia Polyurethane Resin Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Polyurethane Resin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polyurethane Resin Market Revenues & Volume, By Furniture, 2021-2031F |
6.3.3 Latvia Polyurethane Resin Market Revenues & Volume, By Appliances, 2021-2031F |
6.3.4 Latvia Polyurethane Resin Market Revenues & Volume, By Automotive fuel, 2021-2031F |
6.3.5 Latvia Polyurethane Resin Market Revenues & Volume, By Footwear, 2021-2031F |
6.3.6 Latvia Polyurethane Resin Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.7 Latvia Polyurethane Resin Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Polyurethane Resin Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Polyurethane Resin Market Revenues & Volume, By Direct/Institutional Sales, 2021-2031F |
6.4.3 Latvia Polyurethane Resin Market Revenues & Volume, By Retail Sales, 2021-2031F |
6.4.4 Latvia Polyurethane Resin Market Revenues & Volume, By Other Channel Sales, 2021-2031F |
7 Latvia Polyurethane Resin Market Import-Export Trade Statistics |
7.1 Latvia Polyurethane Resin Market Export to Major Countries |
7.2 Latvia Polyurethane Resin Market Imports from Major Countries |
8 Latvia Polyurethane Resin Market Key Performance Indicators |
8.1 Research and development investment in new polyurethane resin formulations |
8.2 Number of patents filed for new polyurethane resin technologies |
8.3 Adoption rate of polyurethane resin in key industries in Latvia |
8.4 Environmental impact assessment of polyurethane resin production and usage |
8.5 Customer satisfaction and feedback on the performance of polyurethane resin products |
9 Latvia Polyurethane Resin Market - Opportunity Assessment |
9.1 Latvia Polyurethane Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polyurethane Resin Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 Latvia Polyurethane Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Polyurethane Resin Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Latvia Polyurethane Resin Market - Competitive Landscape |
10.1 Latvia Polyurethane Resin Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyurethane Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |