| Product Code: ETC6167189 | Publication Date: Sep 2024 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Armenia import trend for polyurethane coatings showed a growth rate of 6.67%, contrasting with a compound annual growth rate (CAGR) of -11.85% from 2020 to 2024. This shift may be attributed to a resurgence in demand for specialized coatings, indicating a potential market recovery post-2020 downturn.

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 Polyurethane Coatings Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Polyurethane Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Polyurethane Coatings Market - Industry Life Cycle |
3.4 Armenia Polyurethane Coatings Market - Porter's Five Forces |
3.5 Armenia Polyurethane Coatings Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Armenia Polyurethane Coatings Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
4 Armenia Polyurethane Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in Armenia, leading to increased demand for polyurethane coatings in infrastructure projects. |
4.2.2 Rising awareness about the benefits of polyurethane coatings, such as durability, weather resistance, and aesthetic appeal. |
4.2.3 Adoption of eco-friendly and sustainable coatings solutions driving the demand for polyurethane coatings in Armenia. |
4.3 Market Restraints |
4.3.1 High initial costs associated with polyurethane coatings installation and application. |
4.3.2 Limited availability of skilled labor for the proper application of polyurethane coatings. |
4.3.3 Fluctuating raw material prices impacting the overall cost of polyurethane coatings production in Armenia. |
5 Armenia Polyurethane Coatings Market Trends |
6 Armenia Polyurethane Coatings Market, By Types |
6.1 Armenia Polyurethane Coatings Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Armenia Polyurethane Coatings Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Armenia Polyurethane Coatings Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 Armenia Polyurethane Coatings Market Revenues & Volume, By Solvent-Borne, 2021- 2031F |
6.1.5 Armenia Polyurethane Coatings Market Revenues & Volume, By Water-Borne, 2021- 2031F |
6.1.6 Armenia Polyurethane Coatings Market Revenues & Volume, By Radiation-Cured, 2021- 2031F |
6.2 Armenia Polyurethane Coatings Market, By End-User Industry |
6.2.1 Overview and Analysis |
6.2.2 Armenia Polyurethane Coatings Market Revenues & Volume, By Transportation, 2021- 2031F |
6.2.3 Armenia Polyurethane Coatings Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.4 Armenia Polyurethane Coatings Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F |
6.2.5 Armenia Polyurethane Coatings Market Revenues & Volume, By Wood and Furniture, 2021- 2031F |
6.2.6 Armenia Polyurethane Coatings Market Revenues & Volume, By Others, 2021- 2031F |
7 Armenia Polyurethane Coatings Market Import-Export Trade Statistics |
7.1 Armenia Polyurethane Coatings Market Export to Major Countries |
7.2 Armenia Polyurethane Coatings Market Imports from Major Countries |
8 Armenia Polyurethane Coatings Market Key Performance Indicators |
8.1 Adoption rate of polyurethane coatings in new construction projects. |
8.2 Number of partnerships with local contractors and developers for the use of polyurethane coatings. |
8.3 Rate of innovation in polyurethane coating technology to meet specific market demands. |
9 Armenia Polyurethane Coatings Market - Opportunity Assessment |
9.1 Armenia Polyurethane Coatings Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Armenia Polyurethane Coatings Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
10 Armenia Polyurethane Coatings Market - Competitive Landscape |
10.1 Armenia Polyurethane Coatings Market Revenue Share, By Companies, 2024 |
10.2 Armenia Polyurethane Coatings 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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