Product Code: ETC4758738 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Armenia Cyclohexane Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 12.75% in 2025, the market peaks at 12.87% in 2026, and settles at 8.03% by 2029.
By 2027, the Cyclohexane market in Armenia is anticipated to reach a growth rate of 11.94%, 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.
The cyclohexane market in Armenia is integral to the production of nylon, as it is a key raw material for manufacturing adipic acid and caprolactam. The market is driven by demand from the textile and automotive industries. Government policies supporting industrial growth and chemical manufacturing influence this market.
The cyclohexane market in Armenia is driven by the demand from the chemical industry, where it is used as a raw material for producing nylon intermediates, such as adipic acid and caprolactam. The growth of the automotive and textile industries, which are major consumers of nylon, is also fueling the demand for cyclohexane. Moreover, the increasing use of cyclohexane as a solvent in various industrial applications is contributing to market growth.
The cyclohexane market in Armenia faces challenges such as volatility in raw material prices, which impacts production costs and profitability. The market also struggles with competition from international suppliers, which can offer cyclohexane at lower prices due to economies of scale. Additionally, there are environmental and regulatory challenges related to the production and handling of cyclohexane, which require significant investment in compliance measures. The limited domestic demand for cyclohexane further constrains market growth, making it necessary to explore export opportunities.
Government policies in Armenia impact the cyclohexane market through regulatory measures ensuring chemical safety and industrial hygiene standards. Initiatives promote sustainable chemical production practices and compliance with international norms.
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 Cyclohexane Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Cyclohexane Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Cyclohexane Market - Industry Life Cycle |
3.4 Armenia Cyclohexane Market - Porter's Five Forces |
3.5 Armenia Cyclohexane Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Armenia Cyclohexane Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Armenia Cyclohexane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Cyclohexane Market Trends |
6 Armenia Cyclohexane Market Segmentations |
6.1 Armenia Cyclohexane Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Armenia Cyclohexane Market Revenues & Volume, By Adipic acid, 2021-2031F |
6.1.3 Armenia Cyclohexane Market Revenues & Volume, By Caprolactam, 2021-2031F |
6.1.4 Armenia Cyclohexane Market Revenues & Volume, By Others, 2021-2031F |
6.2 Armenia Cyclohexane Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Armenia Cyclohexane Market Revenues & Volume, By Nylon 6, 2021-2031F |
6.2.3 Armenia Cyclohexane Market Revenues & Volume, By Nylon 66, 2021-2031F |
6.2.4 Armenia Cyclohexane Market Revenues & Volume, By Others, 2021-2031F |
7 Armenia Cyclohexane Market Import-Export Trade Statistics |
7.1 Armenia Cyclohexane Market Export to Major Countries |
7.2 Armenia Cyclohexane Market Imports from Major Countries |
8 Armenia Cyclohexane Market Key Performance Indicators |
9 Armenia Cyclohexane Market - Opportunity Assessment |
9.1 Armenia Cyclohexane Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Armenia Cyclohexane Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Armenia Cyclohexane Market - Competitive Landscape |
10.1 Armenia Cyclohexane Market Revenue Share, By Companies, 2024 |
10.2 Armenia Cyclohexane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |