| Product Code: ETC6164957 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Armenia import trend for off-highway equipment lubricants experienced a significant decline from 2023 to 2024, with a growth rate of -60.0%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -66.67%. This sharp downturn can be attributed to a combination of reduced demand for such products and potentially changing 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 Off-Highway Equipment Lubricants Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Off-Highway Equipment Lubricants Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Off-Highway Equipment Lubricants Market - Industry Life Cycle |
3.4 Armenia Off-Highway Equipment Lubricants Market - Porter's Five Forces |
3.5 Armenia Off-Highway Equipment Lubricants Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Armenia Off-Highway Equipment Lubricants Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Armenia Off-Highway Equipment Lubricants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing mechanization and modernization of agricultural practices in Armenia, leading to higher demand for off-highway equipment lubricants. |
4.2.2 Growth in the construction industry in Armenia, driving the need for off-highway equipment lubricants. |
4.2.3 Government investments in infrastructure projects, such as road construction and maintenance, boosting the off-highway equipment lubricants market in Armenia. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production costs of off-highway equipment lubricants. |
4.3.2 Environmental regulations and increasing focus on sustainability leading to the demand for eco-friendly lubricants in Armenia. |
5 Armenia Off-Highway Equipment Lubricants Market Trends |
6 Armenia Off-Highway Equipment Lubricants Market, By Types |
6.1 Armenia Off-Highway Equipment Lubricants Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Armenia Off-Highway Equipment Lubricants Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Armenia Off-Highway Equipment Lubricants Market Revenues & Volume, By Heavy-Duty Engine Oils, 2021- 2031F |
6.1.4 Armenia Off-Highway Equipment Lubricants Market Revenues & Volume, By Transmission Fluids, 2021- 2031F |
6.1.5 Armenia Off-Highway Equipment Lubricants Market Revenues & Volume, By Hydraulic Fluids, 2021- 2031F |
6.1.6 Armenia Off-Highway Equipment Lubricants Market Revenues & Volume, By Greases, 2021- 2031F |
6.1.7 Armenia Off-Highway Equipment Lubricants Market Revenues & Volume, By Gear oils, 2021- 2031F |
6.1.8 Armenia Off-Highway Equipment Lubricants Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Armenia Off-Highway Equipment Lubricants Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Armenia Off-Highway Equipment Lubricants Market Revenues & Volume, By Transportation, 2021- 2031F |
6.2.3 Armenia Off-Highway Equipment Lubricants Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Armenia Off-Highway Equipment Lubricants Market Import-Export Trade Statistics |
7.1 Armenia Off-Highway Equipment Lubricants Market Export to Major Countries |
7.2 Armenia Off-Highway Equipment Lubricants Market Imports from Major Countries |
8 Armenia Off-Highway Equipment Lubricants Market Key Performance Indicators |
8.1 Number of new infrastructure projects initiated in Armenia. |
8.2 Adoption rate of advanced lubrication technologies in the off-highway equipment sector. |
8.3 Average age of off-highway equipment in Armenia. |
8.4 Frequency of maintenance and lubricant change in off-highway equipment. |
8.5 Number of off-highway equipment dealerships offering maintenance packages. |
9 Armenia Off-Highway Equipment Lubricants Market - Opportunity Assessment |
9.1 Armenia Off-Highway Equipment Lubricants Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Armenia Off-Highway Equipment Lubricants Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Armenia Off-Highway Equipment Lubricants Market - Competitive Landscape |
10.1 Armenia Off-Highway Equipment Lubricants Market Revenue Share, By Companies, 2024 |
10.2 Armenia Off-Highway Equipment Lubricants Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |