| Product Code: ETC7920982 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s import shipments of saturated polyester resins show a steady growth trend, with a CAGR of 5.97% from 2020 to 2024. In 2024, the top exporting countries to Latvia include Poland, Finland, Sweden, Czechia, and Estonia. The Herfindahl-Hirschman Index (HHI) indicates a shift from moderate to low concentration in 2024, signaling a more diversified market. The growth rate from 2023 to 2024 is 2.07%, reflecting a sustained upward trajectory in import volumes. This data suggests a positive outlook for the saturated polyester resins market 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 Saturated Polyester Resins Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Saturated Polyester Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Saturated Polyester Resins Market - Industry Life Cycle |
3.4 Latvia Saturated Polyester Resins Market - Porter's Five Forces |
3.5 Latvia Saturated Polyester Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Saturated Polyester Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Saturated Polyester Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable products in various industries |
4.2.2 Growth in the construction sector leading to higher demand for coatings and composites |
4.2.3 Technological advancements improving the quality and performance of saturated polyester resins |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative resin types like epoxy resins |
4.3.3 Stringent environmental regulations affecting the production and usage of saturated polyester resins |
5 Latvia Saturated Polyester Resins Market Trends |
6 Latvia Saturated Polyester Resins Market, By Types |
6.1 Latvia Saturated Polyester Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Saturated Polyester Resins Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Saturated Polyester Resins Market Revenues & Volume, By Liquid Saturated Polyester Resin, 2021- 2031F |
6.1.4 Latvia Saturated Polyester Resins Market Revenues & Volume, By Solid Saturated Resin, 2021- 2031F |
6.2 Latvia Saturated Polyester Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Saturated Polyester Resins Market Revenues & Volume, By Powder Coatings, 2021- 2031F |
6.2.3 Latvia Saturated Polyester Resins Market Revenues & Volume, By Coil and Can Coatings, 2021- 2031F |
6.2.4 Latvia Saturated Polyester Resins Market Revenues & Volume, By Automotive Paints, 2021- 2031F |
6.2.5 Latvia Saturated Polyester Resins Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.6 Latvia Saturated Polyester Resins Market Revenues & Volume, By Industrial Paints, 2021- 2031F |
6.2.7 Latvia Saturated Polyester Resins Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Saturated Polyester Resins Market Import-Export Trade Statistics |
7.1 Latvia Saturated Polyester Resins Market Export to Major Countries |
7.2 Latvia Saturated Polyester Resins Market Imports from Major Countries |
8 Latvia Saturated Polyester Resins Market Key Performance Indicators |
8.1 Research and development investment in new resin formulations |
8.2 Adoption rate of saturated polyester resins in emerging application areas |
8.3 Rate of innovation in manufacturing processes for saturated polyester resins |
9 Latvia Saturated Polyester Resins Market - Opportunity Assessment |
9.1 Latvia Saturated Polyester Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Saturated Polyester Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Saturated Polyester Resins Market - Competitive Landscape |
10.1 Latvia Saturated Polyester Resins Market Revenue Share, By Companies, 2024 |
10.2 Latvia Saturated Polyester Resins 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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