| Product Code: ETC5327446 | 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 trichloroethylene showed significant growth from 2023 to 2024, with a growth rate of 50.0%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 31.61%. This import momentum can be attributed to increased industrial demand for trichloroethylene in Armenia, reflecting a shift in market dynamics towards higher chemical usage in manufacturing processes.

By 2027, the Trichloroethylene market in Armenia is anticipated to reach a growth rate of -2.48%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

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 Trichloroethylene Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Trichloroethylene Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Trichloroethylene Market - Industry Life Cycle |
3.4 Armenia Trichloroethylene Market - Porter's Five Forces |
3.5 Armenia Trichloroethylene Market Revenues & Volume Share, By Function, 2022 & 2032F |
3.6 Armenia Trichloroethylene Market Revenues & Volume Share, By Grade, 2022 & 2032F |
3.7 Armenia Trichloroethylene Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Armenia Trichloroethylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for trichloroethylene as a solvent in various industries |
4.2.2 Increasing use of trichloroethylene in the manufacturing of chemicals and pharmaceuticals |
4.2.3 Rise in adoption of trichloroethylene for metal cleaning and degreasing applications |
4.3 Market Restraints |
4.3.1 Stringent regulations on the use and disposal of trichloroethylene due to its environmental and health concerns |
4.3.2 Volatility in raw material prices affecting the production cost of trichloroethylene |
5 Armenia Trichloroethylene Market Trends |
6 Armenia Trichloroethylene Market Segmentations |
6.1 Armenia Trichloroethylene Market, By Function |
6.1.1 Overview and Analysis |
6.1.2 Armenia Trichloroethylene Market Revenues & Volume, By Intermediate, 2022-2032F |
6.1.3 Armenia Trichloroethylene Market Revenues & Volume, By Solvent, 2022-2032F |
6.1.4 Armenia Trichloroethylene Market Revenues & Volume, By Others, 2022-2032F |
6.2 Armenia Trichloroethylene Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Armenia Trichloroethylene Market Revenues & Volume, By Fluorocarbon Grade, 2022-2032F |
6.2.3 Armenia Trichloroethylene Market Revenues & Volume, By Degreasing & General Purpose, 2022-2032F |
6.2.4 Armenia Trichloroethylene Market Revenues & Volume, By Industrial Grade, 2022-2032F |
6.2.5 Armenia Trichloroethylene Market Revenues & Volume, By Others, 2022-2032F |
6.3 Armenia Trichloroethylene Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Armenia Trichloroethylene Market Revenues & Volume, By Hydrofluorocarbon, 2022-2032F |
6.3.3 Armenia Trichloroethylene Market Revenues & Volume, By Metal Cleaning & Degreasing, 2022-2032F |
6.3.4 Armenia Trichloroethylene Market Revenues & Volume, By Chemical Processing, 2022-2032F |
6.3.5 Armenia Trichloroethylene Market Revenues & Volume, By Coatings and Adhesives, 2022-2032F |
6.3.6 Armenia Trichloroethylene Market Revenues & Volume, By Others, 2022-2032F |
7 Armenia Trichloroethylene Market Import-Export Trade Statistics |
7.1 Armenia Trichloroethylene Market Export to Major Countries |
7.2 Armenia Trichloroethylene Market Imports from Major Countries |
8 Armenia Trichloroethylene Market Key Performance Indicators |
8.1 Environmental compliance metrics related to trichloroethylene usage and disposal |
8.2 Adoption rate of alternative solvents in industries traditionally using trichloroethylene |
8.3 Research and development investments in finding safer and more sustainable alternatives to trichloroethylene |
9 Armenia Trichloroethylene Market - Opportunity Assessment |
9.1 Armenia Trichloroethylene Market Opportunity Assessment, By Function, 2022 & 2032F |
9.2 Armenia Trichloroethylene Market Opportunity Assessment, By Grade, 2022 & 2032F |
9.3 Armenia Trichloroethylene Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Armenia Trichloroethylene Market - Competitive Landscape |
10.1 Armenia Trichloroethylene Market Revenue Share, By Companies, 2025 |
10.2 Armenia Trichloroethylene 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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