| Product Code: ETC6159851 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Armenia import trend for gas engine oil in 2024 experienced a significant decline of -60.0% compared to 2023, with a compound annual growth rate (CAGR) of -66.67% from 2020 to 2024. This sharp contraction in imports could be attributed to a shift in demand patterns or changes in trade policies impacting the 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 Gas Engine Oil Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Gas Engine Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Gas Engine Oil Market - Industry Life Cycle |
3.4 Armenia Gas Engine Oil Market - Porter's Five Forces |
3.5 Armenia Gas Engine Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Armenia Gas Engine Oil Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Armenia Gas Engine Oil Market Revenues & Volume Share, By Additive Percentage, 2021 & 2031F |
3.8 Armenia Gas Engine Oil Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Armenia Gas Engine Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for gas engine oils due to growth in industrial activities in Armenia |
4.2.2 Rising focus on energy efficiency and sustainability leading to the adoption of high-quality gas engine oils |
4.2.3 Government initiatives promoting the use of cleaner fuels and lubricants in the country |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of gas engine oils |
4.3.2 Market saturation leading to intense competition among gas engine oil manufacturers |
4.3.3 Economic uncertainties affecting consumer spending on automotive maintenance products |
5 Armenia Gas Engine Oil Market Trends |
6 Armenia Gas Engine Oil Market, By Types |
6.1 Armenia Gas Engine Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Gas Engine Oil Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Armenia Gas Engine Oil Market Revenues & Volume, By Conventional Gas Engine Oils, 2021- 2031F |
6.1.4 Armenia Gas Engine Oil Market Revenues & Volume, By Synthetic Gas Engine Oils, 2021- 2031F |
6.1.5 Armenia Gas Engine Oil Market Revenues & Volume, By Semi-Synthetic Gas Engine Oils, 2021- 2031F |
6.2 Armenia Gas Engine Oil Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Armenia Gas Engine Oil Market Revenues & Volume, By Monograde Oils, 2021- 2031F |
6.2.3 Armenia Gas Engine Oil Market Revenues & Volume, By Multigrade Oils, 2021- 2031F |
6.3 Armenia Gas Engine Oil Market, By Additive Percentage |
6.3.1 Overview and Analysis |
6.3.2 Armenia Gas Engine Oil Market Revenues & Volume, By Less than 0.10%, 2021- 2031F |
6.3.3 Armenia Gas Engine Oil Market Revenues & Volume, By 0.100.50%, 2021- 2031F |
6.3.4 Armenia Gas Engine Oil Market Revenues & Volume, By 0.501.00%,, 2021- 2031F |
6.3.5 Armenia Gas Engine Oil Market Revenues & Volume, By More than 1%, 2021- 2031F |
6.4 Armenia Gas Engine Oil Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Armenia Gas Engine Oil Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.4.3 Armenia Gas Engine Oil Market Revenues & Volume, By Automotive, 2021- 2031F |
6.4.4 Armenia Gas Engine Oil Market Revenues & Volume, By Industrial, 2021- 2031F |
6.4.5 Armenia Gas Engine Oil Market Revenues & Volume, By Marine, 2021- 2031F |
6.4.6 Armenia Gas Engine Oil Market Revenues & Volume, By Others, 2021- 2031F |
7 Armenia Gas Engine Oil Market Import-Export Trade Statistics |
7.1 Armenia Gas Engine Oil Market Export to Major Countries |
7.2 Armenia Gas Engine Oil Market Imports from Major Countries |
8 Armenia Gas Engine Oil Market Key Performance Indicators |
8.1 Average engine oil change interval in Armenia |
8.2 Adoption rate of synthetic gas engine oils in the market |
8.3 Number of new gas engine oil formulations launched in the market |
8.4 Environmental impact assessment of gas engine oils used in Armenia |
8.5 Customer satisfaction and loyalty towards gas engine oil brands |
9 Armenia Gas Engine Oil Market - Opportunity Assessment |
9.1 Armenia Gas Engine Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Armenia Gas Engine Oil Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Armenia Gas Engine Oil Market Opportunity Assessment, By Additive Percentage, 2021 & 2031F |
9.4 Armenia Gas Engine Oil Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Armenia Gas Engine Oil Market - Competitive Landscape |
10.1 Armenia Gas Engine Oil Market Revenue Share, By Companies, 2024 |
10.2 Armenia Gas Engine Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |