| Product Code: ETC5823251 | 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 the cut off wheel market experienced a notable decline from 2023 to 2024, with a growth rate of -66.95%. However, the compound annual growth rate (CAGR) for the period of 2020-2024 stood at 24.95%. This significant drop in import momentum in 2024 could be attributed to shifts in demand, changes in trade policies, or market instability during that period.
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 Cut Off Wheel Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Cut Off Wheel Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Cut Off Wheel Market - Industry Life Cycle |
3.4 Armenia Cut Off Wheel Market - Porter's Five Forces |
3.5 Armenia Cut Off Wheel Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Cut Off Wheel Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Cut Off Wheel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and infrastructure development in Armenia leading to higher demand for cut off wheels. |
4.2.2 Growing automotive and construction sectors in the country driving the need for cut off wheels. |
4.2.3 Rising focus on precision cutting and finishing processes boosting the demand for high-quality cut off wheels. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of cut off wheels. |
4.3.2 Intense competition from imported cut off wheels affecting the market share of local manufacturers. |
5 Armenia Cut Off Wheel Market Trends |
6 Armenia Cut Off Wheel Market Segmentations |
6.1 Armenia Cut Off Wheel Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Cut Off Wheel Market Revenues & Volume, By Aluminum Oxide Material, 2021-2031F |
6.1.3 Armenia Cut Off Wheel Market Revenues & Volume, By Zirconia Alumina Material, 2021-2031F |
6.1.4 Armenia Cut Off Wheel Market Revenues & Volume, By Silicon Carbide Material, 2021-2031F |
6.2 Armenia Cut Off Wheel Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Cut Off Wheel Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Armenia Cut Off Wheel Market Revenues & Volume, By Machinery & Equipment, 2021-2031F |
6.2.4 Armenia Cut Off Wheel Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.5 Armenia Cut Off Wheel Market Revenues & Volume, By Metal Fabrication, 2021-2031F |
6.2.6 Armenia Cut Off Wheel Market Revenues & Volume, By Others, 2021-2031F |
7 Armenia Cut Off Wheel Market Import-Export Trade Statistics |
7.1 Armenia Cut Off Wheel Market Export to Major Countries |
7.2 Armenia Cut Off Wheel Market Imports from Major Countries |
8 Armenia Cut Off Wheel Market Key Performance Indicators |
8.1 Number of new construction projects initiated in Armenia. |
8.2 GDP growth rate of the manufacturing sector in Armenia. |
8.3 Export/import ratio of cut off wheels in Armenia. |
9 Armenia Cut Off Wheel Market - Opportunity Assessment |
9.1 Armenia Cut Off Wheel Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Cut Off Wheel Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Cut Off Wheel Market - Competitive Landscape |
10.1 Armenia Cut Off Wheel Market Revenue Share, By Companies, 2024 |
10.2 Armenia Cut Off Wheel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |