| Product Code: ETC5690118 | Publication Date: Nov 2023 | Updated Date: Feb 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 for the styrenics market experienced a notable decline from 2023 to 2024, with a growth rate of -23.15%. However, the compound annual growth rate (CAGR) for the period of 2020-2024 stood at 4.61%. This negative momentum in 2024 could be attributed to shifts in demand dynamics or potential changes in trade policies impacting the market stability.

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 Styrenics Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Styrenics Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Styrenics Market - Industry Life Cycle |
3.4 Armenia Styrenics Market - Porter's Five Forces |
3.5 Armenia Styrenics Market Revenues & Volume Share, By Polymer Types, 2022 & 2032F |
4 Armenia Styrenics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in end-user industries such as packaging, construction, and automotive driving demand for styrenics in Armenia. |
4.2.2 Increasing investments in infrastructure development leading to higher consumption of styrenics materials. |
4.2.3 Rising disposable incomes and changing consumer preferences driving demand for styrenic-based products. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs and profit margins. |
4.3.2 Environmental concerns and regulations regarding the use and disposal of styrenics products. |
4.3.3 Competition from alternative materials such as bio-based plastics affecting market growth. |
5 Armenia Styrenics Market Trends |
6 Armenia Styrenics Market Segmentations |
6.1 Armenia Styrenics Market, By Polymer Types |
6.1.1 Overview and Analysis |
6.1.2 Armenia Styrenics Market Revenues & Volume, By Polystyrene (PS), 2022-2032F |
6.1.3 Armenia Styrenics Market Revenues & Volume, By Expanded Polystyrene (EPS), 2022-2032F |
6.1.4 Armenia Styrenics Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2022-2032F |
6.1.5 Armenia Styrenics Market Revenues & Volume, By Styrene Butadiene Rubber (SBR), 2022-2032F |
6.1.6 Armenia Styrenics Market Revenues & Volume, By Unsaturated Polyester Resin (UPR), 2022-2032F |
6.1.7 Armenia Styrenics Market Revenues & Volume, By Other Polymers, 2022-2032F |
7 Armenia Styrenics Market Import-Export Trade Statistics |
7.1 Armenia Styrenics Market Export to Major Countries |
7.2 Armenia Styrenics Market Imports from Major Countries |
8 Armenia Styrenics Market Key Performance Indicators |
8.1 Recycling rate of styrenics materials in Armenia. |
8.2 Adoption rate of sustainable practices in the production of styrenics. |
8.3 Innovation rate in the development of eco-friendly styrenics products. |
9 Armenia Styrenics Market - Opportunity Assessment |
9.1 Armenia Styrenics Market Opportunity Assessment, By Polymer Types, 2022 & 2032F |
10 Armenia Styrenics Market - Competitive Landscape |
10.1 Armenia Styrenics Market Revenue Share, By Companies, 2025 |
10.2 Armenia Styrenics 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.
To discover high-growth global markets and optimize your business strategy:
Click Here