| Product Code: ETC4681787 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s import of polytetrafluoroethylene (PTFE) in 2024 continued to be dominated by top exporters such as Italy, Metropolitan France, Netherlands, China, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 8.5%, with a remarkable growth rate of 374.26% from 2023 to 2024. These figures suggest a robust demand for PTFE in Latvia, driven by imports from key trading partners.

By 2027, Latvia's Polytetrafluoroethylene (PTFE) market is forecasted to achieve a stable growth rate of 0.71%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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) Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polytetrafluoroethylene (PTFE) Market - Industry Life Cycle |
3.4 Latvia Polytetrafluoroethylene (PTFE) Market - Porter's Five Forces |
3.5 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Latvia Polytetrafluoroethylene (PTFE) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for PTFE in various end-use industries such as automotive, electronics, and chemical processing. |
4.2.2 Growing focus on sustainability and environmental regulations favoring the use of PTFE as it is a non-toxic and inert material. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the overall production cost of PTFE. |
4.3.2 Intense competition from alternative materials like polyethylene and polypropylene impacting market growth. |
5 Latvia Polytetrafluoroethylene (PTFE) Market Trends |
6 Latvia Polytetrafluoroethylene (PTFE) Market Segmentations |
6.1 Latvia Polytetrafluoroethylene (PTFE) Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Micronized Powder, 2021-2031F |
6.1.3 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Granular, 2021-2031F |
6.1.4 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Fine Powder, 2021-2031F |
6.1.5 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Aqueous Dispersion, 2021-2031F |
6.1.6 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Polytetrafluoroethylene (PTFE) Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Virgin PTFE, 2021-2031F |
6.2.3 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Stainless Steel Filled PTFE, 2021-2031F |
6.2.4 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Carbon Filled PTFE, 2021-2031F |
6.2.5 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Bronze Filled PTFE, 2021-2031F |
6.2.6 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Glass Filled PTFE, 2021-2031F |
6.2.7 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Graphite Filled PTFE, 2021-2031F |
6.3 Latvia Polytetrafluoroethylene (PTFE) Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Sheet, 2021-2031F |
6.3.3 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Film, 2021-2031F |
6.3.4 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Coatings, 2021-2031F |
6.3.5 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Ink, 2021-2031F |
6.3.6 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Pipes, 2021-2031F |
6.3.7 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Plastics, 2021-2031F |
6.4 Latvia Polytetrafluoroethylene (PTFE) Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.4.3 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.4 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Medical, 2021-2031F |
6.4.5 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.4.6 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.4.7 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Aviation & Aerospace, 2021-2031F |
6.4.8 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Others, 2021-2031F |
6.4.9 Latvia Polytetrafluoroethylene (PTFE) Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Polytetrafluoroethylene (PTFE) Market Import-Export Trade Statistics |
7.1 Latvia Polytetrafluoroethylene (PTFE) Market Export to Major Countries |
7.2 Latvia Polytetrafluoroethylene (PTFE) Market Imports from Major Countries |
8 Latvia Polytetrafluoroethylene (PTFE) Market Key Performance Indicators |
8.1 Research and development investments in PTFE technology advancements and innovations. |
8.2 Adoption rate of PTFE in emerging applications and industries. |
8.3 Environmental certifications and compliance standards met by PTFE manufacturers. |
9 Latvia Polytetrafluoroethylene (PTFE) Market - Opportunity Assessment |
9.1 Latvia Polytetrafluoroethylene (PTFE) Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Latvia Polytetrafluoroethylene (PTFE) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Polytetrafluoroethylene (PTFE) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Polytetrafluoroethylene (PTFE) Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Latvia Polytetrafluoroethylene (PTFE) Market - Competitive Landscape |
10.1 Latvia Polytetrafluoroethylene (PTFE) Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polytetrafluoroethylene (PTFE) 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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