| Product Code: ETC5054397 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia polypropylene import trend experienced a decline from 2023 to 2024, with a growth rate of -10.72%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 1.0%. This negative momentum in imports could be attributed to shifting demand patterns or changes in trade policies affecting the market stability.

The Polypropylene market in Armenia is projected to grow at a high growth rate of 14.52% 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.

Armenia`s polystyrene capacitors market provides components for electronic circuits requiring high precision, stability, and low dielectric losses. Polystyrene capacitors are used in telecommunications, audio equipment, and medical devices, ensuring signal integrity and performance.
The polypropylene market in Armenia is driven by its applications in packaging, automotive, and construction industries. Polypropylene offers properties such as flexibility, chemical resistance, and durability, making it suitable for various uses. The packaging industry`s growth, driven by consumer demand for packaged goods, fuels the market. Additionally, the automotive sector`s need for lightweight and durable materials and the construction industry`s demand for versatile and weather-resistant materials contribute to the rising demand for polypropylene. Technological advancements in polypropylene production further enhance market prospects.
Armenia`s Polypropylene market faces challenges such as improving polymer homogeneity and thermal stability in polypropylene resins, optimizing polymerization processes for efficiency, and addressing fluctuating feedstock prices. Innovating in recycled polypropylene technologies and developing high-performance grades for packaging, automotive, and consumer goods sectors are critical for sustaining market competitiveness and industrial growth in Armenia.
Armenia supports the polypropylene market through policies that regulate chemical production, ensure product safety standards, and support industrial applications. Government initiatives 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 Polypropylene Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Polypropylene Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Polypropylene Market - Industry Life Cycle |
3.4 Armenia Polypropylene Market - Porter's Five Forces |
3.5 Armenia Polypropylene Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Polypropylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Armenia Polypropylene Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Armenia Polypropylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Polypropylene Market Trends |
6 Armenia Polypropylene Market Segmentations |
6.1 Armenia Polypropylene Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Polypropylene Market Revenues & Volume, By Homopolymer, 2021-2031F |
6.1.3 Armenia Polypropylene Market Revenues & Volume, By Copolymer, 2021-2031F |
6.2 Armenia Polypropylene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Polypropylene Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.2.3 Armenia Polypropylene Market Revenues & Volume, By Fiber & Raffia, 2021-2031F |
6.2.4 Armenia Polypropylene Market Revenues & Volume, By Film & Sheet, 2021-2031F |
6.2.5 Armenia Polypropylene Market Revenues & Volume, By Blow Molding, 2021-2031F |
6.3 Armenia Polypropylene Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Armenia Polypropylene Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Armenia Polypropylene Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Armenia Polypropylene Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.5 Armenia Polypropylene Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.6 Armenia Polypropylene Market Revenues & Volume, By Medical, 2021-2031F |
7 Armenia Polypropylene Market Import-Export Trade Statistics |
7.1 Armenia Polypropylene Market Export to Major Countries |
7.2 Armenia Polypropylene Market Imports from Major Countries |
8 Armenia Polypropylene Market Key Performance Indicators |
9 Armenia Polypropylene Market - Opportunity Assessment |
9.1 Armenia Polypropylene Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Polypropylene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Armenia Polypropylene Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Armenia Polypropylene Market - Competitive Landscape |
10.1 Armenia Polypropylene Market Revenue Share, By Companies, 2024 |
10.2 Armenia Polypropylene 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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