| Product Code: ETC5745712 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Armenia extruded polystyrene market, the import trend experienced a decline from 2023 to 2024, with a growth rate of -23.15%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at 4.61%. This negative momentum in imports could be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.

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 Extruded Polystyrene Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Extruded Polystyrene Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Extruded Polystyrene Market - Industry Life Cycle |
3.4 Armenia Extruded Polystyrene Market - Porter's Five Forces |
3.5 Armenia Extruded Polystyrene Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.6 Armenia Extruded Polystyrene Market Revenues & Volume Share, By End Use, 2022 & 2032F |
4 Armenia Extruded Polystyrene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient construction materials |
4.2.2 Growing construction industry in Armenia |
4.2.3 Government initiatives promoting sustainable building practices |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from alternative insulation materials |
4.3.3 Economic instability in the region |
5 Armenia Extruded Polystyrene Market Trends |
6 Armenia Extruded Polystyrene Market Segmentations |
6.1 Armenia Extruded Polystyrene Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Armenia Extruded Polystyrene Market Revenues & Volume, By Foundation, 2022-2032F |
6.1.3 Armenia Extruded Polystyrene Market Revenues & Volume, By Wall, 2022-2032F |
6.1.4 Armenia Extruded Polystyrene Market Revenues & Volume, By Roof, 2022-2032F |
6.1.5 Armenia Extruded Polystyrene Market Revenues & Volume, By Floor & ceiling, 2022-2032F |
6.1.6 Armenia Extruded Polystyrene Market Revenues & Volume, By Others, 2022-2032F |
6.2 Armenia Extruded Polystyrene Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Armenia Extruded Polystyrene Market Revenues & Volume, By Residential, 2022-2032F |
6.2.3 Armenia Extruded Polystyrene Market Revenues & Volume, By Commercial, 2022-2032F |
7 Armenia Extruded Polystyrene Market Import-Export Trade Statistics |
7.1 Armenia Extruded Polystyrene Market Export to Major Countries |
7.2 Armenia Extruded Polystyrene Market Imports from Major Countries |
8 Armenia Extruded Polystyrene Market Key Performance Indicators |
8.1 Energy efficiency ratings of buildings using extruded polystyrene |
8.2 Number of construction permits issued in Armenia |
8.3 Adoption rate of sustainable building standards in the country |
9 Armenia Extruded Polystyrene Market - Opportunity Assessment |
9.1 Armenia Extruded Polystyrene Market Opportunity Assessment, By Application, 2022 & 2032F |
9.2 Armenia Extruded Polystyrene Market Opportunity Assessment, By End Use, 2022 & 2032F |
10 Armenia Extruded Polystyrene Market - Competitive Landscape |
10.1 Armenia Extruded Polystyrene Market Revenue Share, By Companies, 2025 |
10.2 Armenia Extruded Polystyrene 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.
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