| Product Code: ETC7923589 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia`s two-part adhesive import market continued to see steady growth with a CAGR of 0.64% from 2020 to 2024. Despite a slight decline in growth rate from 2023 to 2024 at -8.04%, the market remains stable. Top exporting countries to Latvia include Lithuania, Estonia, Germany, Metropolitan France, and the Netherlands, showcasing a diverse range of sources. With the Herfindahl-Hirschman Index (HHI) indicating low concentration, the market appears to offer opportunities for various suppliers to compete and thrive in the Latvian market.

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 Two Part Adhesive Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Two Part Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Two Part Adhesive Market - Industry Life Cycle |
3.4 Latvia Two Part Adhesive Market - Porter's Five Forces |
3.5 Latvia Two Part Adhesive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Two Part Adhesive Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Two Part Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable adhesive solutions in Latvia |
4.2.2 Growth in construction and infrastructure projects driving the need for two-part adhesives |
4.2.3 Innovation and technological advancements leading to the development of high-performance adhesive products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production |
4.3.2 Intense competition from alternative adhesive solutions |
4.3.3 Regulatory challenges and compliance requirements affecting market entry and product development |
5 Latvia Two Part Adhesive Market Trends |
6 Latvia Two Part Adhesive Market, By Types |
6.1 Latvia Two Part Adhesive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Two Part Adhesive Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Two Part Adhesive Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.1.4 Latvia Two Part Adhesive Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.5 Latvia Two Part Adhesive Market Revenues & Volume, By MMA, 2021- 2031F |
6.1.6 Latvia Two Part Adhesive Market Revenues & Volume, By Silicone, 2021- 2031F |
6.1.7 Latvia Two Part Adhesive Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Two Part Adhesive Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Two Part Adhesive Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.3 Latvia Two Part Adhesive Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Latvia Two Part Adhesive Market Revenues & Volume, By Electronics, 2021- 2031F |
6.2.5 Latvia Two Part Adhesive Market Revenues & Volume, By Aviation, 2021- 2031F |
6.2.6 Latvia Two Part Adhesive Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Two Part Adhesive Market Import-Export Trade Statistics |
7.1 Latvia Two Part Adhesive Market Export to Major Countries |
7.2 Latvia Two Part Adhesive Market Imports from Major Countries |
8 Latvia Two Part Adhesive Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly adhesive products in the market |
8.2 Number of new construction projects utilizing two-part adhesives |
8.4 Customer satisfaction and loyalty towards two-part adhesive products |
8.5 Market penetration of two-part adhesives in different industries. |
9 Latvia Two Part Adhesive Market - Opportunity Assessment |
9.1 Latvia Two Part Adhesive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Two Part Adhesive Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Two Part Adhesive Market - Competitive Landscape |
10.1 Latvia Two Part Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Latvia Two Part Adhesive 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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