| Product Code: ETC5887623 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | 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 electric vehicle plastics saw significant growth from 2023 to 2024, with a growth rate of 90.91%. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 17.55%. The surge in imports can be attributed to the increasing demand for electric vehicles and the government`s initiatives to promote sustainable transportation solutions.

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 Electric Vehicle Plastics Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Electric Vehicle Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Electric Vehicle Plastics Market - Industry Life Cycle |
3.4 Armenia Electric Vehicle Plastics Market - Porter's Five Forces |
3.5 Armenia Electric Vehicle Plastics Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Armenia Electric Vehicle Plastics Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
3.7 Armenia Electric Vehicle Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Electric Vehicle Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for electric vehicle adoption in Armenia |
4.2.2 Increasing environmental awareness and regulations promoting the use of electric vehicles |
4.2.3 Technological advancements in electric vehicle manufacturing leading to higher demand for plastics in the industry |
4.3 Market Restraints |
4.3.1 High initial investment costs for electric vehicles and associated components, including plastics |
4.3.2 Limited charging infrastructure for electric vehicles in Armenia, affecting the growth of the market |
4.3.3 Lack of consumer awareness and education about the benefits of electric vehicles and their components, such as plastics |
5 Armenia Electric Vehicle Plastics Market Trends |
6 Armenia Electric Vehicle Plastics Market Segmentations |
6.1 Armenia Electric Vehicle Plastics Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Armenia Electric Vehicle Plastics Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.3 Armenia Electric Vehicle Plastics Market Revenues & Volume, By Polyurethane (PUR), 2021-2031F |
6.1.4 Armenia Electric Vehicle Plastics Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021-2031F |
6.1.5 Armenia Electric Vehicle Plastics Market Revenues & Volume, By Polyvinyl Chloride (PVC), 2021-2031F |
6.1.6 Armenia Electric Vehicle Plastics Market Revenues & Volume, By Polyoxymethylene (POM), 2021-2031F |
6.1.7 Armenia Electric Vehicle Plastics Market Revenues & Volume, By Polystyrene (PS), 2021-2031F |
6.1.9 Armenia Electric Vehicle Plastics Market Revenues & Volume, By Polyamide (PA), 2021-2031F |
6.1.10 Armenia Electric Vehicle Plastics Market Revenues & Volume, By Polyamide (PA), 2021-2031F |
6.2 Armenia Electric Vehicle Plastics Market, By Vehicle |
6.2.1 Overview and Analysis |
6.2.2 Armenia Electric Vehicle Plastics Market Revenues & Volume, By Hybrid Electric Vehicles (HEVs), 2021-2031F |
6.2.3 Armenia Electric Vehicle Plastics Market Revenues & Volume, By Plug-In Hybrid Electric Vehicles (PHEVs), 2021-2031F |
6.2.4 Armenia Electric Vehicle Plastics Market Revenues & Volume, By Battery Electric Vehicles (BEVs), 2021-2031F |
6.3 Armenia Electric Vehicle Plastics Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Armenia Electric Vehicle Plastics Market Revenues & Volume, By Interior furnishing, 2021-2031F |
6.3.3 Armenia Electric Vehicle Plastics Market Revenues & Volume, By Exterior furnishing, 2021-2031F |
6.3.4 Armenia Electric Vehicle Plastics Market Revenues & Volume, By Others, 2021-2031F |
7 Armenia Electric Vehicle Plastics Market Import-Export Trade Statistics |
7.1 Armenia Electric Vehicle Plastics Market Export to Major Countries |
7.2 Armenia Electric Vehicle Plastics Market Imports from Major Countries |
8 Armenia Electric Vehicle Plastics Market Key Performance Indicators |
8.1 Percentage increase in the number of electric vehicles registered in Armenia |
8.2 Average annual growth rate of electric vehicle plastic component manufacturers in the country |
8.3 Number of charging stations for electric vehicles installed in Armenia |
8.4 Amount of government funding allocated to support the electric vehicle industry in Armenia |
8.5 Environmental impact assessment reports on the reduction of carbon emissions due to the use of electric vehicles in the country |
9 Armenia Electric Vehicle Plastics Market - Opportunity Assessment |
9.1 Armenia Electric Vehicle Plastics Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Armenia Electric Vehicle Plastics Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
9.3 Armenia Electric Vehicle Plastics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Electric Vehicle Plastics Market - Competitive Landscape |
10.1 Armenia Electric Vehicle Plastics Market Revenue Share, By Companies, 2024 |
10.2 Armenia Electric Vehicle Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here