| Product Code: ETC6167126 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | 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 in the polymer modified bitumen market experienced a decline with a growth rate of -17.19% from 2023 to 2024. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a healthy 15.25%. This negative momentum in 2024 could be attributed to shifts in demand dynamics or fluctuations 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 Polymer Modified Bitumen Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Polymer Modified Bitumen Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Polymer Modified Bitumen Market - Industry Life Cycle |
3.4 Armenia Polymer Modified Bitumen Market - Porter's Five Forces |
3.5 Armenia Polymer Modified Bitumen Market Revenues & Volume Share, By Product, 2022 & 2032F |
3.6 Armenia Polymer Modified Bitumen Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Armenia Polymer Modified Bitumen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in Armenia |
4.2.2 Growing demand for durable and sustainable road construction materials |
4.2.3 Government initiatives to improve road quality and durability |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Limited awareness and adoption of polymer modified bitumen |
4.3.3 Lack of skilled labor for proper application and maintenance |
5 Armenia Polymer Modified Bitumen Market Trends |
6 Armenia Polymer Modified Bitumen Market, By Types |
6.1 Armenia Polymer Modified Bitumen Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Armenia Polymer Modified Bitumen Market Revenues & Volume, By Product, 2022-2032F |
6.1.3 Armenia Polymer Modified Bitumen Market Revenues & Volume, By Thermoplastic Elastomers, 2022-2032F |
6.1.4 Armenia Polymer Modified Bitumen Market Revenues & Volume, By Plastomers, 2022-2032F |
6.2 Armenia Polymer Modified Bitumen Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Polymer Modified Bitumen Market Revenues & Volume, By Road Construction, 2022-2032F |
6.2.3 Armenia Polymer Modified Bitumen Market Revenues & Volume, By Roofing, 2022-2032F |
7 Armenia Polymer Modified Bitumen Market Import-Export Trade Statistics |
7.1 Armenia Polymer Modified Bitumen Market Export to Major Countries |
7.2 Armenia Polymer Modified Bitumen Market Imports from Major Countries |
8 Armenia Polymer Modified Bitumen Market Key Performance Indicators |
8.1 Percentage increase in the number of infrastructure projects utilizing polymer modified bitumen |
8.2 Adoption rate of polymer modified bitumen compared to traditional bitumen |
8.3 Rate of government investment in road construction and maintenance technologies |
9 Armenia Polymer Modified Bitumen Market - Opportunity Assessment |
9.1 Armenia Polymer Modified Bitumen Market Opportunity Assessment, By Product, 2022 & 2032F |
9.2 Armenia Polymer Modified Bitumen Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Armenia Polymer Modified Bitumen Market - Competitive Landscape |
10.1 Armenia Polymer Modified Bitumen Market Revenue Share, By Companies, 2025 |
10.2 Armenia Polymer Modified Bitumen 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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