| Product Code: ETC7903446 | Publication Date: Sep 2024 | Updated Date: Oct 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 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG), and Spandex in 2024 saw top exporters including Netherlands, Italy, Germany, Lithuania, and Turkey. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the compound annual growth rate (CAGR) from 2020 to 2024 was -13.17%, with a notable decline of -28.07% in the growth rate from 2023 to 2024. These statistics suggest a challenging market environment, potentially influenced by various economic factors impacting the import trade dynamics in Latvia.
4-butanediol (bdo)
polytetramethylene ether glycol (ptmeg) & spandex 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 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market - Industry Life Cycle |
3.4 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market - Porter's Five Forces |
3.5 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume Share, By 1,4-BDO Application, 2021 & 2031F |
3.6 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume Share, By PTMEG Application, 2021 & 2031F |
3.7 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume Share, By Spandex Application, 2021 & 2031F |
4 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for spandex in textile and apparel industries |
4.2.2 Growing usage of polytetramethylene ether glycol (PTMEG) in manufacturing high-performance materials |
4.2.3 Rising applications of 1,4-butanediol (BDO) in various end-user industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials affecting the production costs |
4.3.2 Regulatory challenges related to environmental concerns and compliance |
4.3.3 Intense competition in the market leading to pricing pressures |
5 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Trends |
6 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market, By Types |
6.1 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market, By 1,4-BDO Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By 1,4-BDO Application, 2021- 2031F |
6.1.3 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Tetrahydrofuran (THF), 2021- 2031F |
6.1.4 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Polybutylene Terephthalate (PBT), 2021- 2031F |
6.1.5 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Gamma-Butyrolactone (GBT), 2021- 2031F |
6.1.6 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Polyurethane (PU), 2021- 2031F |
6.2 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market, By PTMEG Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Spandex, 2021- 2031F |
6.2.3 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Co-polyester-Ether Elastomers (COPE), 2021- 2031F |
6.2.4 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Urethanes, 2021- 2031F |
6.3 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market, By Spandex Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Textiles, 2021- 2031F |
6.3.3 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Medical & Hygiene, 2021- 2031F |
6.3.4 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenues & Volume, By Automotive Interiors, 2021- 2031F |
7 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Import-Export Trade Statistics |
7.1 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Export to Major Countries |
7.2 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Imports from Major Countries |
8 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Key Performance Indicators |
8.1 Research and Development (RD) investment in innovative technologies for product development |
8.2 Adoption rate of eco-friendly production processes |
8.3 Market penetration in emerging economies to gauge expansion opportunities. |
9 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market - Opportunity Assessment |
9.1 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Opportunity Assessment, By 1,4-BDO Application, 2021 & 2031F |
9.2 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Opportunity Assessment, By PTMEG Application, 2021 & 2031F |
9.3 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Opportunity Assessment, By Spandex Application, 2021 & 2031F |
10 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market - Competitive Landscape |
10.1 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex Market Revenue Share, By Companies, 2024 |
10.2 Latvia 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) & Spandex 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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