| Product Code: ETC5716984 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia polyoxymethylene market witnessed a notable import trend from 2023 to 2024, with a growth rate of 20.0%. However, the compound annual growth rate (CAGR) for imports from 2020 to 2024 stood at -28.53%, indicating a significant decline over the four-year period. This decline may be attributed to shifting demand patterns, changes in trade policies, or market instability during the period.
Armenia`s polyphenol market involves natural antioxidants derived from plants used in food, beverage, and nutraceutical products. Polyphenols offer health benefits, including anti-inflammatory and cardiovascular support, contributing to wellness and functional food trends.
The drivers of the polyoxymethylene (POM) market in Armenia include its applications in automotive, electrical, and consumer goods industries. POM offers properties such as high strength, rigidity, and wear resistance, making it suitable for various uses. The automotive industry`s demand for durable and lightweight components, along with the electrical sector`s need for high-performance and reliable materials, fuels the market. Additionally, the consumer goods industry`s requirement for durable and precision-engineered products contributes to the rising demand for POM. Technological advancements in POM production also enhance market growth.
The Polyoxymethylene (POM) market in Armenia encounters challenges such as improving mechanical strength and dimensional stability in POM resins, optimizing polymer crystallization for injection molding, and addressing environmental concerns over plastic waste. Innovating in POM recycling technologies and developing high-performance POM grades are essential for promoting sustainable material usage and supporting industrial applications in Armenia.
Government policies in Armenia promote the polyoxymethylene market through initiatives that regulate chemical production, ensure product safety standards, and support industrial applications. Regulatory frameworks aim to enhance material quality, promote manufacturing efficiency, 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 Polyoxymethylene Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Polyoxymethylene Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Polyoxymethylene Market - Industry Life Cycle |
3.4 Armenia Polyoxymethylene Market - Porter's Five Forces |
3.5 Armenia Polyoxymethylene Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Armenia Polyoxymethylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance materials in automotive and industrial applications |
4.2.2 Growth in construction and infrastructure projects driving the demand for polyoxymethylene products |
4.2.3 Growing awareness about the benefits of polyoxymethylene over traditional materials |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Stringent regulations related to environmental concerns and recycling of plastics |
4.3.3 Intense competition from alternative materials like polyethylene and polypropylene |
5 Armenia Polyoxymethylene Market Trends |
6 Armenia Polyoxymethylene Market Segmentations |
6.1 Armenia Polyoxymethylene Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Armenia Polyoxymethylene Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.1.3 Armenia Polyoxymethylene Market Revenues & Volume, By Consumer, 2021-2031F |
6.1.4 Armenia Polyoxymethylene Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.5 Armenia Polyoxymethylene Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.6 Armenia Polyoxymethylene Market Revenues & Volume, By Others, 2021-2031F |
7 Armenia Polyoxymethylene Market Import-Export Trade Statistics |
7.1 Armenia Polyoxymethylene Market Export to Major Countries |
7.2 Armenia Polyoxymethylene Market Imports from Major Countries |
8 Armenia Polyoxymethylene Market Key Performance Indicators |
8.1 Adoption rate of polyoxymethylene in key industries |
8.2 Rate of new product development and innovations in the polyoxymethylene market |
8.3 Investment in research and development activities for enhancing polyoxymethylene properties |
9 Armenia Polyoxymethylene Market - Opportunity Assessment |
9.1 Armenia Polyoxymethylene Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Armenia Polyoxymethylene Market - Competitive Landscape |
10.1 Armenia Polyoxymethylene Market Revenue Share, By Companies, 2024 |
10.2 Armenia Polyoxymethylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |