| Product Code: ETC5516021 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | 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 polymers market experienced a decline from 2023 to 2024, with a growth rate of -10.72%. The compound annual growth rate (CAGR) for 2020-2024 stood at 1.0%. This decrease can be attributed to shifting demand patterns or changes in trade policies affecting the market stability.

By 2027, the Polymers market in Armenia is anticipated to reach a growth rate of 12.76%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

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 Polymers Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Polymers Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Polymers Market - Industry Life Cycle |
3.4 Armenia Polymers Market - Porter's Five Forces |
3.5 Armenia Polymers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Polymers Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Armenia Polymers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Polymers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from end-user industries such as packaging, automotive, and construction |
4.2.2 Increasing investments in the polymer industry by the government and private sector |
4.2.3 Rising use of polymers in various applications due to their lightweight, durability, and cost-effectiveness |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices such as crude oil, affecting production costs |
4.3.2 Environmental concerns and regulations related to plastic waste and recycling |
4.3.3 Competition from substitute materials like bio-based polymers impacting market growth |
5 Armenia Polymers Market Trends |
6 Armenia Polymers Market Segmentations |
6.1 Armenia Polymers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Polymers Market Revenues & Volume, By Thermoplastics, 2021-2031F |
6.1.3 Armenia Polymers Market Revenues & Volume, By Thermosets, 2021-2031F |
6.1.4 Armenia Polymers Market Revenues & Volume, By Elastomers, 2021-2031F |
6.2 Armenia Polymers Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Armenia Polymers Market Revenues & Volume, By Polyethylene, 2021-2031F |
6.2.3 Armenia Polymers Market Revenues & Volume, By Polyvinyl Chloride, 2021-2031F |
6.2.4 Armenia Polymers Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.2.5 Armenia Polymers Market Revenues & Volume, By Polystyrene, 2021-2031F |
6.2.6 Armenia Polymers Market Revenues & Volume, By Polyamide, 2021-2031F |
6.2.7 Armenia Polymers Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.3 Armenia Polymers Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Armenia Polymers Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Armenia Polymers Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.4 Armenia Polymers Market Revenues & Volume, By Food, 2021-2031F |
6.3.5 Armenia Polymers Market Revenues & Volume, By Petrochemicals, 2021-2031F |
6.3.6 Armenia Polymers Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.7 Armenia Polymers Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.8 Armenia Polymers Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.9 Armenia Polymers Market Revenues & Volume, By Transportation, 2021-2031F |
7 Armenia Polymers Market Import-Export Trade Statistics |
7.1 Armenia Polymers Market Export to Major Countries |
7.2 Armenia Polymers Market Imports from Major Countries |
8 Armenia Polymers Market Key Performance Indicators |
8.1 Research and development investment in new polymer technologies |
8.2 Adoption rate of recycled polymers in manufacturing processes |
8.3 Growth in the number of polymer processing facilities in Armenia |
8.4 Carbon footprint reduction initiatives within the polymer industry |
9 Armenia Polymers Market - Opportunity Assessment |
9.1 Armenia Polymers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Polymers Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Armenia Polymers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Polymers Market - Competitive Landscape |
10.1 Armenia Polymers Market Revenue Share, By Companies, 2024 |
10.2 Armenia Polymers 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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