| Product Code: ETC5230888 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for refractory materials experienced a -5.28% growth rate from 2023 to 2024, with a notable compound annual growth rate (CAGR) of 21.71% for the period of 2020-2024. This decline in import momentum in 2024 may be attributed to shifts in demand dynamics or changes in market stability.
Armenia's Refractory Materials market is anticipated to experience a high growth rate of 10.61% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

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 Refractory Materials Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Refractory Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Refractory Materials Market - Industry Life Cycle |
3.4 Armenia Refractory Materials Market - Porter's Five Forces |
3.5 Armenia Refractory Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Refractory Materials Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Armenia Refractory Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for refractory materials in the construction sector in Armenia |
4.2.2 Growth in the steel and metal industry driving the need for refractory materials |
4.2.3 Rising focus on infrastructure development projects in the region |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Lack of skilled labor for manufacturing and installation of refractory materials in Armenia |
5 Armenia Refractory Materials Market Trends |
6 Armenia Refractory Materials Market Segmentations |
6.1 Armenia Refractory Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Refractory Materials Market Revenues & Volume, By Brick, 2021-2031F |
6.1.3 Armenia Refractory Materials Market Revenues & Volume, By Monolithic, 2021-2031F |
6.2 Armenia Refractory Materials Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Armenia Refractory Materials Market Revenues & Volume, By Clay Refractories, 2021-2031F |
6.2.3 Armenia Refractory Materials Market Revenues & Volume, By Non-clay Refractories, 2021-2031F |
7 Armenia Refractory Materials Market Import-Export Trade Statistics |
7.1 Armenia Refractory Materials Market Export to Major Countries |
7.2 Armenia Refractory Materials Market Imports from Major Countries |
8 Armenia Refractory Materials Market Key Performance Indicators |
8.1 Average annual growth rate of the construction sector in Armenia |
8.2 Percentage increase in steel production in the country |
8.3 Number of infrastructure projects initiated or completed in the region |
8.4 Percentage change in the prices of key raw materials used in refractory material production |
8.5 Training hours invested in upskilling labor for refractory material manufacturing and installation. |
9 Armenia Refractory Materials Market - Opportunity Assessment |
9.1 Armenia Refractory Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Refractory Materials Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Armenia Refractory Materials Market - Competitive Landscape |
10.1 Armenia Refractory Materials Market Revenue Share, By Companies, 2024 |
10.2 Armenia Refractory Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |