| Product Code: ETC7919207 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to import Polytetrafluoroethylene (PTFE) films mainly from neighboring countries such as Lithuania and Estonia, as well as from major global players like China, Poland, and Germany. Despite the low concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a decline in Compound Annual Growth Rate (CAGR) from 2020 to 2024. However, there was a positive growth rate observed from 2023 to 2024, suggesting a potential recovery in demand for PTFE films in Latvia.

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 Polytetrafluoroethylene (PTFE) Films Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polytetrafluoroethylene (PTFE) Films Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polytetrafluoroethylene (PTFE) Films Market - Industry Life Cycle |
3.4 Latvia Polytetrafluoroethylene (PTFE) Films Market - Porter's Five Forces |
3.5 Latvia Polytetrafluoroethylene (PTFE) Films Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.6 Latvia Polytetrafluoroethylene (PTFE) Films Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Latvia Polytetrafluoroethylene (PTFE) Films Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for PTFE films in various industries such as electronics, automotive, and medical due to their superior properties. |
4.2.2 Growing focus on sustainability and eco-friendly products, as PTFE films are recyclable and have low environmental impact. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, as PTFE is derived from fluorocarbons which can be affected by market fluctuations. |
4.3.2 Intense competition from alternative materials with similar properties, such as polyethylene and polypropylene films. |
5 Latvia Polytetrafluoroethylene (PTFE) Films Market Trends |
6 Latvia Polytetrafluoroethylene (PTFE) Films Market, By Types |
6.1 Latvia Polytetrafluoroethylene (PTFE) Films Market, By Process |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polytetrafluoroethylene (PTFE) Films Market Revenues & Volume, By Process, 2021- 2031F |
6.1.3 Latvia Polytetrafluoroethylene (PTFE) Films Market Revenues & Volume, By Cast, 2021- 2031F |
6.1.4 Latvia Polytetrafluoroethylene (PTFE) Films Market Revenues & Volume, By Skived, 2021- 2031F |
6.1.5 Latvia Polytetrafluoroethylene (PTFE) Films Market Revenues & Volume, By Extruded, 2021- 2031F |
6.2 Latvia Polytetrafluoroethylene (PTFE) Films Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polytetrafluoroethylene (PTFE) Films Market Revenues & Volume, By Medical and Pharmaceuticals, 2021- 2031F |
6.2.3 Latvia Polytetrafluoroethylene (PTFE) Films Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F |
6.2.4 Latvia Polytetrafluoroethylene (PTFE) Films Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.5 Latvia Polytetrafluoroethylene (PTFE) Films Market Revenues & Volume, By Aerospace and Defense, 2021- 2031F |
6.2.6 Latvia Polytetrafluoroethylene (PTFE) Films Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.7 Latvia Polytetrafluoroethylene (PTFE) Films Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Polytetrafluoroethylene (PTFE) Films Market Import-Export Trade Statistics |
7.1 Latvia Polytetrafluoroethylene (PTFE) Films Market Export to Major Countries |
7.2 Latvia Polytetrafluoroethylene (PTFE) Films Market Imports from Major Countries |
8 Latvia Polytetrafluoroethylene (PTFE) Films Market Key Performance Indicators |
8.1 Research and development investment in PTFE film technology advancements. |
8.2 Percentage of PTFE film sales in emerging industries. |
8.3 Number of patents filed for innovative PTFE film applications. |
8.4 Percentage of PTFE film sales in export markets. |
8.5 Customer satisfaction ratings for PTFE film quality and performance. |
9 Latvia Polytetrafluoroethylene (PTFE) Films Market - Opportunity Assessment |
9.1 Latvia Polytetrafluoroethylene (PTFE) Films Market Opportunity Assessment, By Process, 2021 & 2031F |
9.2 Latvia Polytetrafluoroethylene (PTFE) Films Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Latvia Polytetrafluoroethylene (PTFE) Films Market - Competitive Landscape |
10.1 Latvia Polytetrafluoroethylene (PTFE) Films Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polytetrafluoroethylene (PTFE) Films 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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