| Product Code: ETC7923108 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia`s tetrahydrofuran import market continued to be dominated by a few key players, with Germany, Austria, China, Ukraine, and Belgium standing out as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates significant market concentration. The compound annual growth rate (CAGR) from 2020 to 2024 saw a notable decline of -25.53%, and the growth rate in 2024 dropped even further by -60.67%. These trends suggest a challenging environment for the tetrahydrofuran import market in Latvia, with potential implications for industry dynamics and competition.

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 Tetrahydrofuran Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Tetrahydrofuran Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Tetrahydrofuran Market - Industry Life Cycle |
3.4 Latvia Tetrahydrofuran Market - Porter's Five Forces |
3.5 Latvia Tetrahydrofuran Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Tetrahydrofuran Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Tetrahydrofuran Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for tetrahydrofuran in pharmaceutical and chemical industries |
4.2.2 Growth in the production of polytetramethylene ether glycol (PTMEG), a key application of tetrahydrofuran |
4.2.3 Rising investments in infrastructure development and construction projects in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in tetrahydrofuran production |
4.3.2 Stringent environmental regulations impacting production processes and costs |
5 Latvia Tetrahydrofuran Market Trends |
6 Latvia Tetrahydrofuran Market, By Types |
6.1 Latvia Tetrahydrofuran Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Tetrahydrofuran Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Tetrahydrofuran Market Revenues & Volume, By Acetylene-based Process, 2021- 2031F |
6.1.4 Latvia Tetrahydrofuran Market Revenues & Volume, By Butadiene-based Process, 2021- 2031F |
6.1.5 Latvia Tetrahydrofuran Market Revenues & Volume, By Maleic Anhydride-based Process, 2021- 2031F |
6.1.6 Latvia Tetrahydrofuran Market Revenues & Volume, By Propylene-Based Process via Allyl Alcohol, 2021- 2031F |
6.1.7 Latvia Tetrahydrofuran Market Revenues & Volume, By Propylene Oxide-based Process, 2021- 2031F |
6.2 Latvia Tetrahydrofuran Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Tetrahydrofuran Market Revenues & Volume, By Solvent, 2021- 2031F |
6.2.3 Latvia Tetrahydrofuran Market Revenues & Volume, By Organic Material, 2021- 2031F |
6.2.4 Latvia Tetrahydrofuran Market Revenues & Volume, By Anticorrosive Coatings, 2021- 2031F |
6.2.5 Latvia Tetrahydrofuran Market Revenues & Volume, By Printing Ink, 2021- 2031F |
6.2.6 Latvia Tetrahydrofuran Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Tetrahydrofuran Market Import-Export Trade Statistics |
7.1 Latvia Tetrahydrofuran Market Export to Major Countries |
7.2 Latvia Tetrahydrofuran Market Imports from Major Countries |
8 Latvia Tetrahydrofuran Market Key Performance Indicators |
8.1 Capacity utilization rate of tetrahydrofuran production facilities in Latvia |
8.2 Percentage of PTMEG production capacity utilized in the country |
8.3 Number of new infrastructure projects utilizing tetrahydrofuran in their processes |
9 Latvia Tetrahydrofuran Market - Opportunity Assessment |
9.1 Latvia Tetrahydrofuran Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Tetrahydrofuran Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Tetrahydrofuran Market - Competitive Landscape |
10.1 Latvia Tetrahydrofuran Market Revenue Share, By Companies, 2024 |
10.2 Latvia Tetrahydrofuran Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |