| Product Code: ETC6560209 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Bulgaria`s import shipments of THF and GBL in 2024 continued to show strong growth, with the top exporting countries being UK, Germany, Belgium, Poland, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated Market Top 5 Importing Countries and Market Competition (HHI) Analysis . The compound annual growth rate (CAGR) from 2020 to 2024 was steady at 3.56%, while the growth rate from 2023 to 2024 surged to an impressive 22.45%. These figures suggest a robust demand for THF and GBL in Bulgaria, driven by various factors such as industrial applications and technological advancements.

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 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market - Industry Life Cycle |
3.4 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market - Porter's Five Forces |
3.5 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume Share, By Purity, 2021 & 2031F |
3.6 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for tetrahydrofuran (THF) and gamma butyrolactone (GBL) in pharmaceutical and chemical industries |
4.2.2 Growing adoption of THF and GBL in the production of polymers, solvents, and resins |
4.2.3 Technological advancements leading to enhanced production processes and cost efficiencies in THF and GBL manufacturing |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs of THF and GBL |
4.3.2 Stringent regulations related to the handling and disposal of THF and GBL affecting market growth |
4.3.3 Competition from alternative chemicals impacting the market share of THF and GBL |
5 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Trends |
6 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market, By Types |
6.1 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market, By Purity |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Purity, 2021- 2031F |
6.1.3 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Industrial Class (5 wt. %), 2021- 2031F |
6.1.4 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Common Class (8 wt. %), 2021- 2031F |
6.1.5 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Electric Capacitance Class (9 wt. %), 2021- 2031F |
6.1.6 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Acetylene-Based Process, 2021- 2031F |
6.2.3 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Butadiene-Based Process, 2021- 2031F |
6.2.4 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Maleic Anhydride-Based Process, 2021- 2031F |
6.2.5 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Propylene Oxide-Based Process, 2021- 2031F |
6.3 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By THF (Tetrahydrofuran), 2021- 2031F |
6.3.3 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By POLY THF, 2021- 2031F |
6.3.4 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By GBL (Gamma Butyrolactone), 2021- 2031F |
7 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Import-Export Trade Statistics |
7.1 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Export to Major Countries |
7.2 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Imports from Major Countries |
8 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Key Performance Indicators |
8.1 Research and development investments in new THF and GBL applications |
8.2 Percentage increase in THF and GBL exports from Bulgaria |
8.3 Adoption rate of eco-friendly production practices in the THF and GBL manufacturing industry |
9 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market - Opportunity Assessment |
9.1 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Opportunity Assessment, By Purity, 2021 & 2031F |
9.2 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market - Competitive Landscape |
10.1 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |