| Product Code: ETC6163669 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Armenia import trend for mineral spirits experienced a decline from 2023 to 2024, with a growth rate of -12.99%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at 7.06%. This decrease in import momentum could be attributed to shifting demand patterns 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 Mineral Spirits Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Mineral Spirits Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Mineral Spirits Market - Industry Life Cycle |
3.4 Armenia Mineral Spirits Market - Porter's Five Forces |
3.5 Armenia Mineral Spirits Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Mineral Spirits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in industrial activities in Armenia |
4.2.2 Increasing demand for industrial solvents and thinners |
4.2.3 Rise in construction and infrastructure development projects |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Stringent government regulations on chemical usage |
4.3.3 Environmental concerns regarding the use of mineral spirits |
5 Armenia Mineral Spirits Market Trends |
6 Armenia Mineral Spirits Market, By Types |
6.1 Armenia Mineral Spirits Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Armenia Mineral Spirits Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Armenia Mineral Spirits Market Revenues & Volume, By Paint Thinner, 2021- 2031F |
6.1.4 Armenia Mineral Spirits Market Revenues & Volume, By Extraction Solvent, 2021- 2031F |
6.1.5 Armenia Mineral Spirits Market Revenues & Volume, By Cleaning Solvent, 2021- 2031F |
6.1.6 Armenia Mineral Spirits Market Revenues & Volume, By Degreasing Solvent, 2021- 2031F |
6.1.7 Armenia Mineral Spirits Market Revenues & Volume, By Others, 2021- 2031F |
7 Armenia Mineral Spirits Market Import-Export Trade Statistics |
7.1 Armenia Mineral Spirits Market Export to Major Countries |
7.2 Armenia Mineral Spirits Market Imports from Major Countries |
8 Armenia Mineral Spirits Market Key Performance Indicators |
8.1 Number of new industrial projects in Armenia |
8.2 Consumption of mineral spirits in key industries |
8.3 Adoption rate of eco-friendly alternatives to mineral spirits |
9 Armenia Mineral Spirits Market - Opportunity Assessment |
9.1 Armenia Mineral Spirits Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Mineral Spirits Market - Competitive Landscape |
10.1 Armenia Mineral Spirits Market Revenue Share, By Companies, 2024 |
10.2 Armenia Mineral Spirits Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |