Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market (2025-2031) | Trends, Companies, Competitive Landscape, Growth, Value, Share, Segmentation, Analysis, Outlook, Forecast, Industry, Size & Revenue

Market Forecast By Purity (Industrial Class (5 wt. %), Common Class (8 wt. %), Electric Capacitance Class (9 wt. %), Others), By Process (Acetylene-Based Process, Butadiene-Based Process, Maleic Anhydride-Based Process, Propylene Oxide-Based Process), By Application (THF (Tetrahydrofuran), POLY THF, GBL (Gamma Butyrolactone)) And Competitive Landscape
Product Code: ETC6906289 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

Cyprus Thf (tetrahydrofuran) And Gbl (gamma Butyrolactone) Market Import Shipment by Countries (Top 5) & Competition (HHI)

The import shipments of THF and GBL in Cyprus continued to be dominated by top exporters such as Germany, UK, Netherlands, Greece, and Belgium in 2024. Despite a significant decline in the CAGR from 2020 to 2024 at -18.88%, the market experienced a steep negative growth rate of -78.35% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape with potential implications for market dynamics and pricing. Further analysis of these trends can provide valuable insights for stakeholders in the chemicals industry.

Cyprus Thf (tetrahydrofuran) And Gbl (gamma Butyrolactone) Market Import Shipment by Countries (Top 5) & Competition (HHI)

Key Highlights of the Report:

  • Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Outlook
  • Market Size of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market, 2024
  • Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market, 2031
  • Historical Data and Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Revenues & Volume for the Period 2021- 2031
  • Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Trend Evolution
  • Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Drivers and Challenges
  • Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Price Trends
  • Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Porter's Five Forces
  • Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Industry Life Cycle
  • Historical Data and Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume By Purity for the Period 2021- 2031
  • Historical Data and Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume By Industrial Class (5 wt. %) for the Period 2021- 2031
  • Historical Data and Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume By Common Class (8 wt. %) for the Period 2021- 2031
  • Historical Data and Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume By Electric Capacitance Class (9 wt. %) for the Period 2021- 2031
  • Historical Data and Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume By Process for the Period 2021- 2031
  • Historical Data and Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume By Acetylene-Based Process for the Period 2021- 2031
  • Historical Data and Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume By Butadiene-Based Process for the Period 2021- 2031
  • Historical Data and Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume By Maleic Anhydride-Based Process for the Period 2021- 2031
  • Historical Data and Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume By Propylene Oxide-Based Process for the Period 2021- 2031
  • Historical Data and Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume By THF (Tetrahydrofuran) for the Period 2021- 2031
  • Historical Data and Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume By POLY THF for the Period 2021- 2031
  • Historical Data and Forecast of Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume By GBL (Gamma Butyrolactone) for the Period 2021- 2031
  • Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Import Export Trade Statistics
  • Market Opportunity Assessment By Purity
  • Market Opportunity Assessment By Process
  • Market Opportunity Assessment By Application
  • Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Top Companies Market Share
  • Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Competitive Benchmarking By Technical and Operational Parameters
  • Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Company Profiles
  • Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Overview

3.1 Cyprus Country Macro Economic Indicators

3.2 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, 2021 & 2031F

3.3 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market - Industry Life Cycle

3.4 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market - Porter's Five Forces

3.5 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume Share, By Purity, 2021 & 2031F

3.6 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume Share, By Process, 2021 & 2031F

3.7 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Cyprus 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 pharmaceuticals, particularly for solvents and intermediate applications.

4.2.2 Growth in the polymer industry, driving the demand for THF as a precursor in the production of polymers like polytetramethylene ether glycol (PTMEG).

4.2.3 Rising adoption of GBL in various end-use industries such as paints, coatings, and agrochemicals due to its properties as a solvent and intermediate.

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials used in the production of THF and GBL, impacting the overall production cost.

4.3.2 Stringent regulations and environmental concerns related to the use and disposal of THF and GBL, leading to compliance challenges for manufacturers.

4.3.3 Competition from alternative solvents and intermediates that offer similar functionalities, affecting the market share of THF and GBL.

5 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Trends

6 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market, By Types

6.1 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market, By Purity

6.1.1 Overview and Analysis

6.1.2 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Purity, 2021- 2031F

6.1.3 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Industrial Class (5 wt. %), 2021- 2031F

6.1.4 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Common Class (8 wt. %), 2021- 2031F

6.1.5 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Electric Capacitance Class (9 wt. %), 2021- 2031F

6.1.6 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Others, 2021- 2031F

6.2 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market, By Process

6.2.1 Overview and Analysis

6.2.2 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Acetylene-Based Process, 2021- 2031F

6.2.3 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Butadiene-Based Process, 2021- 2031F

6.2.4 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Maleic Anhydride-Based Process, 2021- 2031F

6.2.5 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By Propylene Oxide-Based Process, 2021- 2031F

6.3 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market, By Application

6.3.1 Overview and Analysis

6.3.2 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By THF (Tetrahydrofuran), 2021- 2031F

6.3.3 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By POLY THF, 2021- 2031F

6.3.4 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenues & Volume, By GBL (Gamma Butyrolactone), 2021- 2031F

7 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Import-Export Trade Statistics

7.1 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Export to Major Countries

7.2 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Imports from Major Countries

8 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Key Performance Indicators

8.1 Capacity utilization rate of THF and GBL production facilities.

8.2 Research and development investment in enhancing the production processes and applications of THF and GBL.

8.3 Adoption rate of THF and GBL in emerging industries or sectors.

9 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market - Opportunity Assessment

9.1 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Opportunity Assessment, By Purity, 2021 & 2031F

9.2 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Opportunity Assessment, By Process, 2021 & 2031F

9.3 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Opportunity Assessment, By Application, 2021 & 2031F

10 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market - Competitive Landscape

10.1 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Revenue Share, By Companies, 2024

10.2 Cyprus THF (Tetrahydrofuran) and GBL (Gamma Butyrolactone) Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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