| Product Code: ETC7922457 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s import shipments of structural adhesives in 2024 were mainly sourced from neighboring countries like Lithuania and Estonia, as well as key players such as Germany and the Netherlands. Despite a low concentration in market share, the industry experienced a modest compound annual growth rate of 0.64% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024, indicating a challenging year for the market. The diverse sourcing countries suggest a competitive landscape and opportunities for market expansion in the future.

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 Structural Adhesives Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Structural Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Structural Adhesives Market - Industry Life Cycle |
3.4 Latvia Structural Adhesives Market - Porter's Five Forces |
3.5 Latvia Structural Adhesives Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Structural Adhesives Market Revenues & Volume Share, By End- use, 2021 & 2031F |
4 Latvia Structural Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and aerospace industries |
4.2.2 Growing construction activities and infrastructure development in Latvia |
4.2.3 Rising adoption of structural adhesives in manufacturing processes for cost efficiency |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting product costs |
4.3.2 Stringent regulations and standards governing the use of adhesives in various industries |
5 Latvia Structural Adhesives Market Trends |
6 Latvia Structural Adhesives Market, By Types |
6.1 Latvia Structural Adhesives Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Structural Adhesives Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Structural Adhesives Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.4 Latvia Structural Adhesives Market Revenues & Volume, By Acrylic, 2021- 2031F |
6.1.5 Latvia Structural Adhesives Market Revenues & Volume, By Urethanes, 2021- 2031F |
6.1.6 Latvia Structural Adhesives Market Revenues & Volume, By Cyanoacrylate, 2021- 2031F |
6.1.7 Latvia Structural Adhesives Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Structural Adhesives Market, By End- use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Structural Adhesives Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Latvia Structural Adhesives Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.2.4 Latvia Structural Adhesives Market Revenues & Volume, By Marine, 2021- 2031F |
6.2.5 Latvia Structural Adhesives Market Revenues & Volume, By Building & Construction, 2021- 2031F |
6.2.6 Latvia Structural Adhesives Market Revenues & Volume, By Wind Energy, 2021- 2031F |
6.2.7 Latvia Structural Adhesives Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Structural Adhesives Market Import-Export Trade Statistics |
7.1 Latvia Structural Adhesives Market Export to Major Countries |
7.2 Latvia Structural Adhesives Market Imports from Major Countries |
8 Latvia Structural Adhesives Market Key Performance Indicators |
8.1 Research and development expenditure in the structural adhesives sector |
8.2 Number of patents filed for innovative adhesive technologies |
8.3 Adoption rate of structural adhesives in new applications |
8.4 Rate of technological advancements in the structural adhesives market |
8.5 Environmental impact assessment and sustainability measures in adhesive manufacturing |
9 Latvia Structural Adhesives Market - Opportunity Assessment |
9.1 Latvia Structural Adhesives Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Structural Adhesives Market Opportunity Assessment, By End- use, 2021 & 2031F |
10 Latvia Structural Adhesives Market - Competitive Landscape |
10.1 Latvia Structural Adhesives Market Revenue Share, By Companies, 2024 |
10.2 Latvia Structural Adhesives 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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