| Product Code: ETC5516021 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend in the polymers market experienced a decline from 2023 to 2024, with a growth rate of -10.72%. The compound annual growth rate (CAGR) for 2020-2024 stood at 1.0%. This decrease can be attributed to shifting demand patterns or changes in trade policies affecting the market stability.
By 2027, the Polymers market in Armenia is anticipated to reach a growth rate of 12.76%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

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 Armenia Polymers Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Polymers Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Polymers Market - Industry Life Cycle |
3.4 Armenia Polymers Market - Porter's Five Forces |
3.5 Armenia Polymers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Polymers Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Armenia Polymers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Polymers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from end-user industries such as packaging, automotive, and construction |
4.2.2 Increasing investments in the polymer industry by the government and private sector |
4.2.3 Rising use of polymers in various applications due to their lightweight, durability, and cost-effectiveness |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices such as crude oil, affecting production costs |
4.3.2 Environmental concerns and regulations related to plastic waste and recycling |
4.3.3 Competition from substitute materials like bio-based polymers impacting market growth |
5 Armenia Polymers Market Trends |
6 Armenia Polymers Market Segmentations |
6.1 Armenia Polymers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Polymers Market Revenues & Volume, By Thermoplastics, 2021-2031F |
6.1.3 Armenia Polymers Market Revenues & Volume, By Thermosets, 2021-2031F |
6.1.4 Armenia Polymers Market Revenues & Volume, By Elastomers, 2021-2031F |
6.2 Armenia Polymers Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Armenia Polymers Market Revenues & Volume, By Polyethylene, 2021-2031F |
6.2.3 Armenia Polymers Market Revenues & Volume, By Polyvinyl Chloride, 2021-2031F |
6.2.4 Armenia Polymers Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.2.5 Armenia Polymers Market Revenues & Volume, By Polystyrene, 2021-2031F |
6.2.6 Armenia Polymers Market Revenues & Volume, By Polyamide, 2021-2031F |
6.2.7 Armenia Polymers Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.3 Armenia Polymers Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Armenia Polymers Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Armenia Polymers Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.4 Armenia Polymers Market Revenues & Volume, By Food, 2021-2031F |
6.3.5 Armenia Polymers Market Revenues & Volume, By Petrochemicals, 2021-2031F |
6.3.6 Armenia Polymers Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.7 Armenia Polymers Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.8 Armenia Polymers Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.9 Armenia Polymers Market Revenues & Volume, By Transportation, 2021-2031F |
7 Armenia Polymers Market Import-Export Trade Statistics |
7.1 Armenia Polymers Market Export to Major Countries |
7.2 Armenia Polymers Market Imports from Major Countries |
8 Armenia Polymers Market Key Performance Indicators |
8.1 Research and development investment in new polymer technologies |
8.2 Adoption rate of recycled polymers in manufacturing processes |
8.3 Growth in the number of polymer processing facilities in Armenia |
8.4 Carbon footprint reduction initiatives within the polymer industry |
9 Armenia Polymers Market - Opportunity Assessment |
9.1 Armenia Polymers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Polymers Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Armenia Polymers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Polymers Market - Competitive Landscape |
10.1 Armenia Polymers Market Revenue Share, By Companies, 2024 |
10.2 Armenia Polymers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |