| Product Code: ETC4665106 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for the polyamide market experienced a notable decline from 2023 to 2024, with a growth rate of -68.61%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at 8.52%. This significant decrease in import momentum can be attributed to shifting demand dynamics or changes in trade policies impacting market stability.

The Polyamide market in Armenia is projected to grow at a high growth rate of 12.75% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Armenia`s polyamide market supplies nylon resins known for strength, flexibility, and chemical resistance in automotive, textile, and industrial applications. Polyamides offer lightweight, durable solutions for engineered components and consumer goods.
The polyamide market in Armenia is driven by its widespread use in automotive, electrical, and textile industries. Polyamides, known for their strength, thermal resistance, and durability, are essential in manufacturing automotive components, electrical housings, and high-performance textiles. The growing automotive industry, coupled with advancements in electrical and electronics manufacturing, significantly contributes to the market`s expansion. Additionally, the textile industry`s demand for high-quality, durable materials drives the polyamide market.
The Polyamide market in Armenia encounters challenges such as optimizing polymer performance for industrial applications, ensuring chemical resistance in automotive components, and addressing fluctuating raw material costs. Innovating in sustainable polyamide formulations and adopting efficient manufacturing processes are critical for meeting diverse market demands and supporting Armenia`s industrial growth.
Government policies in Armenia promote the polyamide market through initiatives that regulate chemical production, ensure product safety standards, and support industrial applications. Regulatory frameworks aim to enhance material quality, promote innovation, and ensure environmental compliance.
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 Polyamide Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Polyamide Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Polyamide Market - Industry Life Cycle |
3.4 Armenia Polyamide Market - Porter's Five Forces |
3.5 Armenia Polyamide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Polyamide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Polyamide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Polyamide Market Trends |
6 Armenia Polyamide Market Segmentations |
6.1 Armenia Polyamide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Polyamide Market Revenues & Volume, By PA 6, 2021-2031F |
6.1.3 Armenia Polyamide Market Revenues & Volume, By PA 66, 2021-2031F |
6.1.4 Armenia Polyamide Market Revenues & Volume, By Bio-based & Specialty Polyamides, 2021-2031F |
6.2 Armenia Polyamide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Polyamide Market Revenues & Volume, By Engineering Plastics, 2021-2031F |
6.2.3 Armenia Polyamide Market Revenues & Volume, By Fiber, 2021-2031F |
7 Armenia Polyamide Market Import-Export Trade Statistics |
7.1 Armenia Polyamide Market Export to Major Countries |
7.2 Armenia Polyamide Market Imports from Major Countries |
8 Armenia Polyamide Market Key Performance Indicators |
9 Armenia Polyamide Market - Opportunity Assessment |
9.1 Armenia Polyamide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Polyamide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Polyamide Market - Competitive Landscape |
10.1 Armenia Polyamide Market Revenue Share, By Companies, 2024 |
10.2 Armenia Polyamide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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