| Product Code: ETC6171898 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Armenia import trend for vapor recovery units (VRU) experienced a decline from 2023 to 2024, with a growth rate of -19.28% during that period. The compound annual growth rate (CAGR) for 2020-2024 stood at -36.07%. This negative momentum could be attributed to shifts in demand, possibly influenced by market dynamics or regulatory changes impacting the VRU sector.
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 Vapor Recovery Unit (VRU) Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Vapor Recovery Unit (VRU) Market - Industry Life Cycle |
3.4 Armenia Vapor Recovery Unit (VRU) Market - Porter's Five Forces |
3.5 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Armenia Vapor Recovery Unit (VRU) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental regulations and focus on reducing greenhouse gas emissions |
4.2.2 Growing awareness about the importance of vapor recovery units in reducing air pollution |
4.2.3 Rise in industrial activities and expansion of oil and gas facilities in Armenia |
4.3 Market Restraints |
4.3.1 High initial investment and operational costs associated with vapor recovery units |
4.3.2 Limited technological advancements and availability of efficient VRU systems in the market |
4.3.3 Lack of skilled workforce and expertise in operating and maintaining VRU systems |
5 Armenia Vapor Recovery Unit (VRU) Market Trends |
6 Armenia Vapor Recovery Unit (VRU) Market, By Types |
6.1 Armenia Vapor Recovery Unit (VRU) Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume, By Condensation VRU, 2021- 2031F |
6.1.4 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume, By Membrane Separation VRU, 2021- 2031F |
6.1.5 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume, By Adsorption VRU, 2021- 2031F |
6.1.6 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume, By Absorption VRU, 2021- 2031F |
6.1.7 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume, By Rotary VRU, 2021- 2031F |
6.2 Armenia Vapor Recovery Unit (VRU) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume, By Upstream, 2021- 2031F |
6.2.3 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume, By Midstream, 2021- 2031F |
6.2.4 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume, By Downstream, 2021- 2031F |
6.3 Armenia Vapor Recovery Unit (VRU) Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume, By Chemicals, 2021- 2031F |
6.3.3 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.4 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.3.5 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.6 Armenia Vapor Recovery Unit (VRU) Market Revenues & Volume, By Others, 2021- 2031F |
7 Armenia Vapor Recovery Unit (VRU) Market Import-Export Trade Statistics |
7.1 Armenia Vapor Recovery Unit (VRU) Market Export to Major Countries |
7.2 Armenia Vapor Recovery Unit (VRU) Market Imports from Major Countries |
8 Armenia Vapor Recovery Unit (VRU) Market Key Performance Indicators |
8.1 Percentage of compliance with environmental regulations related to emissions |
8.2 Number of new installations of VRU systems in Armenia |
8.3 Efficiency improvement in vapor recovery processes |
8.4 Reduction in emissions of volatile organic compounds (VOCs) through the use of VRU systems |
8.5 Increase in demand for VRU maintenance services |
9 Armenia Vapor Recovery Unit (VRU) Market - Opportunity Assessment |
9.1 Armenia Vapor Recovery Unit (VRU) Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Armenia Vapor Recovery Unit (VRU) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Armenia Vapor Recovery Unit (VRU) Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Armenia Vapor Recovery Unit (VRU) Market - Competitive Landscape |
10.1 Armenia Vapor Recovery Unit (VRU) Market Revenue Share, By Companies, 2024 |
10.2 Armenia Vapor Recovery Unit (VRU) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |