| Product Code: ETC4683859 | 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 formic acid in 2024 experienced a notable decline of -84.0% compared to the previous year, with a compound annual growth rate (CAGR) of 7.46% from 2020 to 2024. This stark contraction in import momentum can be attributed to shifts in demand dynamics or market conditions impacting the formic acid sector.
Armenia's Formic Acid market is anticipated to experience a exponential growth rate of 15.06% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

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 Formic Acid Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Formic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Formic Acid Market - Industry Life Cycle |
3.4 Armenia Formic Acid Market - Porter's Five Forces |
3.5 Armenia Formic Acid Market Revenues & Volume Share, By Grade Type, 2021 & 2031F |
3.6 Armenia Formic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Formic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Formic Acid Market Trends |
6 Armenia Formic Acid Market Segmentations |
6.1 Armenia Formic Acid Market, By Grade Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Formic Acid Market Revenues & Volume, By 0.75, 2021-2031F |
6.1.3 Armenia Formic Acid Market Revenues & Volume, By 0.8, 2021-2031F |
6.1.4 Armenia Formic Acid Market Revenues & Volume, By 0.85, 2021-2031F |
6.1.5 Armenia Formic Acid Market Revenues & Volume, By 0.94, 2021-2031F |
6.1.6 Armenia Formic Acid Market Revenues & Volume, By 0.99, 2021-2031F |
6.2 Armenia Formic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Formic Acid Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.3 Armenia Formic Acid Market Revenues & Volume, By Leather Tanning, 2021-2031F |
6.2.4 Armenia Formic Acid Market Revenues & Volume, By Textile Dyeing and Finishing, 2021-2031F |
6.2.5 Armenia Formic Acid Market Revenues & Volume, By Intermediary in Pharmaceuticals, 2021-2031F |
6.2.6 Armenia Formic Acid Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Armenia Formic Acid Market Import-Export Trade Statistics |
7.1 Armenia Formic Acid Market Export to Major Countries |
7.2 Armenia Formic Acid Market Imports from Major Countries |
8 Armenia Formic Acid Market Key Performance Indicators |
9 Armenia Formic Acid Market - Opportunity Assessment |
9.1 Armenia Formic Acid Market Opportunity Assessment, By Grade Type, 2021 & 2031F |
9.2 Armenia Formic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Formic Acid Market - Competitive Landscape |
10.1 Armenia Formic Acid Market Revenue Share, By Companies, 2024 |
10.2 Armenia Formic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |