| Product Code: ETC5527991 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend in the pigments market experienced a notable decline from 2023 to 2024, with a growth rate of -17.45%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a robust 35.98%. This significant drop in growth rate could be attributed to shifts in demand or changes in trade policies impacting market stability.
The Pigments market in Armenia is projected to grow at a exponential growth rate of 15.48% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

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 Pigments Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Pigments Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Pigments Market - Industry Life Cycle |
3.4 Armenia Pigments Market - Porter's Five Forces |
3.5 Armenia Pigments Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Armenia Pigments Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Pigments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for pigments in various industries such as paints and coatings, plastics, and textiles. |
4.2.2 Increasing investments in infrastructure development projects in Armenia leading to higher demand for pigments. |
4.2.3 Shift towards environmentally friendly and sustainable pigments driving innovation and market growth. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production costs of pigments. |
4.3.2 Stringent regulations and policies related to environmental protection and safety affecting the manufacturing processes of pigments. |
4.3.3 Intense competition among pigment manufacturers leading to pricing pressures and profit margins. |
5 Armenia Pigments Market Trends |
6 Armenia Pigments Market Segmentations |
6.1 Armenia Pigments Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Armenia Pigments Market Revenues & Volume, By Inorganic, 2021-2031F |
6.1.3 Armenia Pigments Market Revenues & Volume, By Organic, 2021-2031F |
6.1.4 Armenia Pigments Market Revenues & Volume, By Specialty, 2021-2031F |
6.2 Armenia Pigments Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Pigments Market Revenues & Volume, By Paints & coatings, 2021-2031F |
6.2.3 Armenia Pigments Market Revenues & Volume, By Printing inks, 2021-2031F |
6.2.4 Armenia Pigments Market Revenues & Volume, By Plastics, 2021-2031F |
6.2.5 Armenia Pigments Market Revenues & Volume, By Construction materials, 2021-2031F |
6.2.6 Armenia Pigments Market Revenues & Volume, By Others, 2021-2031F |
7 Armenia Pigments Market Import-Export Trade Statistics |
7.1 Armenia Pigments Market Export to Major Countries |
7.2 Armenia Pigments Market Imports from Major Countries |
8 Armenia Pigments Market Key Performance Indicators |
8.1 Research and development investment in new pigment technologies. |
8.2 Adoption rate of sustainable and eco-friendly pigment solutions. |
8.3 Number of new product launches and innovations in the pigment market. |
8.4 Utilization rate of production capacity in pigment manufacturing facilities. |
9 Armenia Pigments Market - Opportunity Assessment |
9.1 Armenia Pigments Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Armenia Pigments Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Pigments Market - Competitive Landscape |
10.1 Armenia Pigments Market Revenue Share, By Companies, 2024 |
10.2 Armenia Pigments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |