| Product Code: ETC4705538 | 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 |
Armenia import trend for benzoic acid experienced a slight decline from 2023 to 2024, with a growth rate of -2.63%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a robust 22.37%. This dip in import momentum could be attributed to shifting demand patterns or changes in market dynamics during that period.
By 2027, the Benzoic Acid market in Armenia is anticipated to reach a growth rate of 13.01%, 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 Benzoic Acid Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Benzoic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Benzoic Acid Market - Industry Life Cycle |
3.4 Armenia Benzoic Acid Market - Porter's Five Forces |
3.5 Armenia Benzoic Acid Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.6 Armenia Benzoic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Benzoic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Benzoic Acid Market Trends |
6 Armenia Benzoic Acid Market Segmentations |
6.1 Armenia Benzoic Acid Market, By End-use Industry |
6.1.1 Overview and Analysis |
6.1.2 Armenia Benzoic Acid Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.1.3 Armenia Benzoic Acid Market Revenues & Volume, By Chemical, 2021-2031F |
6.1.4 Armenia Benzoic Acid Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2 Armenia Benzoic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Benzoic Acid Market Revenues & Volume, By Benzoates, 2021-2031F |
6.2.3 Armenia Benzoic Acid Market Revenues & Volume, By Benzoate plasticizers, 2021-2031F |
6.2.4 Armenia Benzoic Acid Market Revenues & Volume, By Benzoyl Chloride, 2021-2031F |
6.2.5 Armenia Benzoic Acid Market Revenues & Volume, By Alkyd Resins, 2021-2031F |
6.2.6 Armenia Benzoic Acid Market Revenues & Volume, By Animal Feed Additive, 2021-2031F |
7 Armenia Benzoic Acid Market Import-Export Trade Statistics |
7.1 Armenia Benzoic Acid Market Export to Major Countries |
7.2 Armenia Benzoic Acid Market Imports from Major Countries |
8 Armenia Benzoic Acid Market Key Performance Indicators |
9 Armenia Benzoic Acid Market - Opportunity Assessment |
9.1 Armenia Benzoic Acid Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.2 Armenia Benzoic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Benzoic Acid Market - Competitive Landscape |
10.1 Armenia Benzoic Acid Market Revenue Share, By Companies, 2024 |
10.2 Armenia Benzoic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |