| Product Code: ETC5323057 | 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 for styrenic polymers in 2024 saw a notable growth rate of 101.81% from the previous year, with a compound annual growth rate (CAGR) of 35.44% from 2020 to 2024. This surge in imports could be attributed to a significant shift in demand for these materials within the Armenian market, reflecting evolving industry needs or changing trade dynamics during that period.
By 2027, the Styrenic Polymers market in Armenia is anticipated to reach a growth rate of 13.15%, 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 Styrenic Polymers Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Styrenic Polymers Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Styrenic Polymers Market - Industry Life Cycle |
3.4 Armenia Styrenic Polymers Market - Porter's Five Forces |
3.5 Armenia Styrenic Polymers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Armenia Styrenic Polymers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for styrenic polymers in various end-use industries such as packaging, automotive, construction, and electronics |
4.2.2 Growth in the construction sector leading to higher consumption of styrenic polymers for applications like insulation, pipes, and fittings |
4.2.3 Technological advancements and innovations in styrenic polymer production processes leading to improved product quality and performance |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like styrene monomer affecting the production costs of styrenic polymers |
4.3.2 Environmental concerns and regulations regarding the use and disposal of styrenic polymers impacting market growth |
4.3.3 Competition from alternative materials like bio-based polymers and recycled plastics affecting the market share of styrenic polymers |
5 Armenia Styrenic Polymers Market Trends |
6 Armenia Styrenic Polymers Market Segmentations |
6.1 Armenia Styrenic Polymers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Styrenic Polymers Market Revenues & Volume, By Polystyrene, 2021-2031F |
6.1.3 Armenia Styrenic Polymers Market Revenues & Volume, By ABS, 2021-2031F |
6.1.4 Armenia Styrenic Polymers Market Revenues & Volume, By SAN, 2021-2031F |
6.1.5 Armenia Styrenic Polymers Market Revenues & Volume, By MBS, 2021-2031F |
6.1.6 Armenia Styrenic Polymers Market Revenues & Volume, By MABS, 2021-2031F |
6.1.7 Armenia Styrenic Polymers Market Revenues & Volume, By SMMA, 2021-2031F |
6.1.9 Armenia Styrenic Polymers Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Armenia Styrenic Polymers Market Revenues & Volume, By Others, 2021-2031F |
7 Armenia Styrenic Polymers Market Import-Export Trade Statistics |
7.1 Armenia Styrenic Polymers Market Export to Major Countries |
7.2 Armenia Styrenic Polymers Market Imports from Major Countries |
8 Armenia Styrenic Polymers Market Key Performance Indicators |
8.1 Research and development investment in new styrenic polymer formulations and applications |
8.2 Adoption rate of sustainable practices in styrenic polymer production processes |
8.3 Rate of new product introductions and innovations in the styrenic polymer market |
8.4 Efficiency of supply chain management and logistics in the distribution of styrenic polymers |
9 Armenia Styrenic Polymers Market - Opportunity Assessment |
9.1 Armenia Styrenic Polymers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Armenia Styrenic Polymers Market - Competitive Landscape |
10.1 Armenia Styrenic Polymers Market Revenue Share, By Companies, 2024 |
10.2 Armenia Styrenic Polymers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |