| Product Code: ETC5690118 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | 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, 2021 & 2031F |
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, 2021 & 2031F |
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), 2021-2031F |
6.1.3 Armenia Styrenics Market Revenues & Volume, By Expanded Polystyrene (EPS), 2021-2031F |
6.1.4 Armenia Styrenics Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021-2031F |
6.1.5 Armenia Styrenics Market Revenues & Volume, By Styrene Butadiene Rubber (SBR), 2021-2031F |
6.1.6 Armenia Styrenics Market Revenues & Volume, By Unsaturated Polyester Resin (UPR), 2021-2031F |
6.1.7 Armenia Styrenics Market Revenues & Volume, By Other Polymers, 2021-2031F |
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, 2021 & 2031F |
10 Armenia Styrenics Market - Competitive Landscape |
10.1 Armenia Styrenics Market Revenue Share, By Companies, 2024 |
10.2 Armenia Styrenics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |