Turkey Aluminum Manufacturing Market by Product, and End-user - Forecast and Analysis 2023-2027
- Published: Mar 2023
- Pages: 132
- SKU: IRTNTR75029
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The aluminum manufacturing market in Turkey is estimated to grow at a CAGR of 5.9% between 2022 and 2027. The size of the market is forecast to increase by USD 2,269.92 million. The growth of the market depends on several factors, including increasing demand for lightweight vehicles, increasing urbanization and industrialization in Turkey, and rising demand for power infrastructure.
This report extensively covers market segmentation by product (extrusion products, rolled products, wires, and others) and end-user (automotive and transportation, building and construction, packaging, machinery and equipment, and others). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
What will be the Size of the Aluminum Manufacturing Market in Turkey During the Forecast Period?
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Aluminum Manufacturing Market in Turkey: Key Drivers, Trends, Challenges, and Customer Landscape
The rising demand for power infrastructure in Turkey is notably driving the market growth, although factors such as the increasing use of high-performance steel in automotive body panels are adversely affecting the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Aluminum Manufacturing Market Driver in Turkey
Increasing demand for power infrastructure is the critical factor driving the growth of the aluminum manufacturing market in Turkey. Rising demand for electric vehicles and ongoing research and development will increase the demand for electricity, which in turn will drive the expansion of the Turkish aluminum manufacturing market. Moreover, increasing demand for renewable energy presents potential growth opportunities for the Turkey aluminum manufacturing market.
While traditional power generation and distribution infrastructure cannot meet current power demand, utility companies and government agencies are expected to upgrade their transmission and distribution equipment. These renovations and refurbishments will increase the need for energy infrastructure, resulting in a significant increase in demand for aluminum products, which play an important role in power transmission and distribution. Therefore, Turkey's aluminum manufacturing market is expected to grow rapidly throughout the forecast period.
Significant Aluminum Manufacturing Market Trend in Turkey
The significance of secondary aluminum is growing, which is a primary factor influencing the growth of Turkey's Aluminum Manufacturing Market. Aluminum can be recycled quite easily. Aluminum that has been recycled from end-of-life items is referred to as secondary aluminum. The extraction of old aluminum from various waste products and subsequent recycling are the first steps in the secondary manufacture of aluminum. To increase the quality and value of the scrap, techniques, including color sorting and laser-induced breakdown spectroscopy (LIBS), are used to separate aluminum from other metals and alloys and eliminate impurities.
Aluminum scrap is a valuable commodity because secondary aluminum manufacture uses 92% less energy than primary aluminum production. Therefore, the availability of secondary aluminum and its low cost is anticipated to help Turkey's aluminum manufacturing business grow in the coming years. Secondary aluminum is used to make aluminum castings.
Major Aluminum Manufacturing Market Challenge in Turkey
Increased use of high-performance steels in automotive body panels is a major challenge for market growth. Expanding usage of refined steel for body panels is one of the major challenges facing the Turkish aluminum manufacturing market. For example, major automaker Audi replaced the aluminum body in its A8 model with a steel body. Certain grades of steel have a higher strength-to-weight ratio than aluminum. Aluminum has a higher stiffness-to-weight ratio than PHS steel, protecting riders and passengers in the event of an accident. Advanced High-Strength Steels (AHSS) are increasingly being used in automobiles, which slows down aluminum processing demand and is likely to be a major impediment to the growth of the Turkish aluminum processing market during the forecast period.
Key Aluminum Manufacturing Market Customer Landscape in Turkey
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Aluminum Manufacturing Market in Turkey Customer Landscape
Who are the Major Aluminum Manufacturing Market Vendors in Turkey?
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Teknik Aluminum. The company is specialized in the production of cold rolled aluminum products such as coils, strips, and sheets in the range of different alloys, surface patterns, and dimensions based upon the market requirements.
Bor Aluminyum The company offers aluminum alloys that are cast in billets to make automotive and aerospace parts and also for other applications related to packaging, construction, electrical, and electronics.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
- AKPA ALUMINYUM TIC AS
- Albaksan Alasimli Bakir
- Alko Aluminum
- Almesan Aluminyum Sanayi ve Ticaret AS
- Altim Aluminyum San Ve Tic Ltd Sti
- Arslan Aluminyum AS
- Assan Aluminum industry and trade Inc.
- BURAK ALUMINYUM SANAYI VE TICARET AS
- Caliskan Aluminum Accessories
- Cansan Aluminum
- Dogus Kalp
- Eti Aluminyum
- Hisar Celik Dokum Sanayi ve Ticaret AS
- KOLAS ALUMINYUM AS
- Ozeren Aluminum
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
What is the Fastest-Growing Segments in the Aluminum Manufacturing Market in Turkey?
The market share growth by the extrusion products segment will be significant during the forecast period. Aluminum extrusion manufacturers can produce aluminum rolled products in their own integrated factories. These commodities are used to improve the adaptability of modern operations of various scales.
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The extrusion products segment was valued at USD 2,319.76 million in 2017 and continued to grow by 2021. Aluminum products from extrusion plants are bright rolled without additional surface treatments such as external and additional chemical and mechanical surface treatments. Rolled aluminum extrusions typically have a rough surface and lack a bright luster. Generally, these products are contaminated with mill oil and have oxidation spots. Extruded aluminum products are, therefore, primarily used in applications where the aesthetic appeal of the product is not essential. In the automotive and transportation sector, increasing aluminum content in internal combustion engines and electric vehicles (EVs) is likely to spur market growth during the forecast period. Automakers are under pressure to meet regulatory requirements related to the environmental impact of vehicles.
Segment Overview
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- Product Outlook (USD Million, 2017 - 2027)
- Extrusion products
- Rolled products
- Wires
- Others
- End-user Outlook (USD Million, 2017 - 2027)
- Automotive and transportation
- Building and construction
- Packaging
- Machinery and equipment
- Others
Parent Market Analysis
The reports categorize the global aluminum manufacturing market in turkey as a part of the diversified metals & mining market within the global materials market. The parent global diversified metals and mining market covers companies engaged in the production or extraction of metals and minerals such as non-ferrous metals (except bauxite), salt and borate, phosphate rock, and diversified metal mining operations. Non-ferrous metals mainly include lead, nickel, tin, titanium, zinc, cobalt, mercury, tungsten, beryllium, bismuth, cerium, cadmium, niobium, indium, gallium, germanium, lithium, selenium, tantalum, tellurium, vanadium, and zirconium. It also includes various alloys of non-ferrous metals. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.
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Aluminum Manufacturing Market Scope in Turkey |
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Report Coverage |
Details |
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Page number |
132 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.9% |
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Market growth 2023-2027 |
USD 2,269.92 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
5.52 |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
AKPA ALUMINYUM TIC AS, Albaksan Alasimli Bakir, Alko Aluminum, Almesan Aluminyum Sanayi ve Ticaret AS, Altim Aluminyum San Ve Tic Ltd Sti, Arslan Aluminyum AS, Assan Aluminum industry and trade Inc., Bor Aluminyum, BURAK ALUMINYUM SANAYI VE TICARET AS, Caliskan Aluminum Accessories, Cansan Aluminum, Dogus Kalp, Eti Aluminyum, Hisar Celik Dokum Sanayi ve Ticaret AS, KOLAS ALUMINYUM AS, Ozeren Aluminum, Ozgenc Makina, SEPA, Teknik Aluminum, and Tuna Aluminum |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Aluminum Manufacturing Market Report in Turkey?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the aluminum manufacturing market in Turkey between 2023 and 2027
- Precise estimation of the size of the aluminum manufacturing market in turkey and its contribution to the market in focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the market across Turkey
- Thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of the aluminum manufacturing market vendors in turkey.
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 07: Parent market
- Exhibit 08: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 09: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 10: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 11: Chart on Turkey - Market size and forecast 2022-2027 ($ million)
- Exhibit 12: Data Table on Turkey - Market size and forecast 2022-2027 ($ million)
- Exhibit 13: Chart on Turkey: Year-over-year growth 2022-2027 (%)
- Exhibit 14: Data Table on Turkey: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Aluminum manufacturing market in Turkey 2017 - 2021
- Exhibit 15: Historic Market Size – Data Table on Aluminum manufacturing market in Turkey 2017 - 2021 ($ million)
- 4.2 Product Segment Analysis 2017 - 2021
- Exhibit 16: Historic Market Size – Product Segment 2017 - 2021 ($ million)
- 4.3 End-user Segment Analysis 2017 - 2021
- Exhibit 17: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 25: Chart on Product - Market share 2022-2027 (%)
- Exhibit 26: Data Table on Product - Market share 2022-2027 (%)
- 6.2 Comparison by Product
- Exhibit 27: Chart on Comparison by Product
- Exhibit 28: Data Table on Comparison by Product
- 6.3 Extrusion products - Market size and forecast 2022-2027
- Exhibit 29: Chart on Extrusion products - Market size and forecast 2022-2027 ($ million)
- Exhibit 30: Data Table on Extrusion products - Market size and forecast 2022-2027 ($ million)
- Exhibit 31: Chart on Extrusion products - Year-over-year growth 2022-2027 (%)
- Exhibit 32: Data Table on Extrusion products - Year-over-year growth 2022-2027 (%)
- 6.4 Rolled products - Market size and forecast 2022-2027
- Exhibit 33: Chart on Rolled products - Market size and forecast 2022-2027 ($ million)
- Exhibit 34: Data Table on Rolled products - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Chart on Rolled products - Year-over-year growth 2022-2027 (%)
- Exhibit 36: Data Table on Rolled products - Year-over-year growth 2022-2027 (%)
- 6.5 Wires - Market size and forecast 2022-2027
- Exhibit 37: Chart on Wires - Market size and forecast 2022-2027 ($ million)
- Exhibit 38: Data Table on Wires - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Chart on Wires - Year-over-year growth 2022-2027 (%)
- Exhibit 40: Data Table on Wires - Year-over-year growth 2022-2027 (%)
- 6.6 Others - Market size and forecast 2022-2027
- Exhibit 41: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 42: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 44: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.7 Market opportunity by Product
- Exhibit 45: Market opportunity by Product ($ million)
- Exhibit 46: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)
- 7.2 Comparison by End-user
- Exhibit 49: Chart on Comparison by End-user
- Exhibit 50: Data Table on Comparison by End-user
- 7.3 Automotive and transportation - Market size and forecast 2022-2027
- Exhibit 51: Chart on Automotive and transportation - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Automotive and transportation - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Automotive and transportation - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Automotive and transportation - Year-over-year growth 2022-2027 (%)
- 7.4 Building and construction - Market size and forecast 2022-2027
- Exhibit 55: Chart on Building and construction - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Building and construction - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Building and construction - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Building and construction - Year-over-year growth 2022-2027 (%)
- 7.5 Packaging - Market size and forecast 2022-2027
- Exhibit 59: Chart on Packaging - Market size and forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on Packaging - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on Packaging - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Packaging - Year-over-year growth 2022-2027 (%)
- 7.6 Machinery and equipment - Market size and forecast 2022-2027
- Exhibit 63: Chart on Machinery and equipment - Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on Machinery and equipment - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on Machinery and equipment - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Machinery and equipment - Year-over-year growth 2022-2027 (%)
- 7.7 Others - Market size and forecast 2022-2027
- Exhibit 67: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.8 Market opportunity by End-user
- Exhibit 71: Market opportunity by End-user ($ million)
- Exhibit 72: Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 73: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Exhibit 74: Impact of drivers and challenges in 2022 and 2027
- 9.4 Market trends
10 Vendor Landscape
- 10.1 Overview
- 10.2 Vendor landscape
- Exhibit 75: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 76: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 77: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 78: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 79: Matrix on vendor position and classification
- 11.3 AKPA ALUMINYUM TIC AS
- Exhibit 80: AKPA ALUMINYUM TIC AS - Overview
- Exhibit 81: AKPA ALUMINYUM TIC AS - Product / Service
- Exhibit 82: AKPA ALUMINYUM TIC AS - Key offerings
- 11.4 Almesan Aluminyum Sanayi ve Ticaret AS
- Exhibit 83: Almesan Aluminyum Sanayi ve Ticaret AS - Overview
- Exhibit 84: Almesan Aluminyum Sanayi ve Ticaret AS - Product / Service
- Exhibit 85: Almesan Aluminyum Sanayi ve Ticaret AS - Key offerings
- 11.5 Altim Aluminyum San Ve Tic Ltd Sti
- Exhibit 86: Altim Aluminyum San Ve Tic Ltd Sti - Overview
- Exhibit 87: Altim Aluminyum San Ve Tic Ltd Sti - Product / Service
- Exhibit 88: Altim Aluminyum San Ve Tic Ltd Sti - Key offerings
- 11.6 Arslan Aluminyum AS
- Exhibit 89: Arslan Aluminyum AS - Overview
- Exhibit 90: Arslan Aluminyum AS - Product / Service
- Exhibit 91: Arslan Aluminyum AS - Key offerings
- 11.7 Assan Aluminum industry and trade Inc.
- Exhibit 92: Assan Aluminum industry and trade Inc. - Overview
- Exhibit 93: Assan Aluminum industry and trade Inc. - Product / Service
- Exhibit 94: Assan Aluminum industry and trade Inc. - Key offerings
- 11.8 Bor Aluminyum
- Exhibit 95: Bor Aluminyum - Overview
- Exhibit 96: Bor Aluminyum - Product / Service
- Exhibit 97: Bor Aluminyum - Key offerings
- 11.9 BURAK ALUMINYUM SANAYI VE TICARET AS
- Exhibit 98: BURAK ALUMINYUM SANAYI VE TICARET AS - Overview
- Exhibit 99: BURAK ALUMINYUM SANAYI VE TICARET AS - Product / Service
- Exhibit 100: BURAK ALUMINYUM SANAYI VE TICARET AS - Key offerings
- 11.10 Caliskan Aluminum Accessories
- Exhibit 101: Caliskan Aluminum Accessories - Overview
- Exhibit 102: Caliskan Aluminum Accessories - Product / Service
- Exhibit 103: Caliskan Aluminum Accessories - Key offerings
- 11.11 Eti Aluminyum
- Exhibit 104: Eti Aluminyum - Overview
- Exhibit 105: Eti Aluminyum - Product / Service
- Exhibit 106: Eti Aluminyum - Key offerings
- 11.12 Hisar Celik Dokum Sanayi ve Ticaret AS
- Exhibit 107: Hisar Celik Dokum Sanayi ve Ticaret AS - Overview
- Exhibit 108: Hisar Celik Dokum Sanayi ve Ticaret AS - Product / Service
- Exhibit 109: Hisar Celik Dokum Sanayi ve Ticaret AS - Key offerings
- 11.13 KOLAS ALUMINYUM AS
- Exhibit 110: KOLAS ALUMINYUM AS - Overview
- Exhibit 111: KOLAS ALUMINYUM AS - Product / Service
- Exhibit 112: KOLAS ALUMINYUM AS - Key offerings
- 11.14 Ozeren Aluminum
- Exhibit 113: Ozeren Aluminum - Overview
- Exhibit 114: Ozeren Aluminum - Product / Service
- Exhibit 115: Ozeren Aluminum - Key offerings
- 11.15 Ozgenc Makina
- Exhibit 116: Ozgenc Makina - Overview
- Exhibit 117: Ozgenc Makina - Product / Service
- Exhibit 118: Ozgenc Makina - Key offerings
- 11.16 Teknik Aluminum
- Exhibit 119: Teknik Aluminum - Overview
- Exhibit 120: Teknik Aluminum - Product / Service
- Exhibit 121: Teknik Aluminum - Key offerings
- 11.17 Tuna Aluminum
- Exhibit 122: Tuna Aluminum - Overview
- Exhibit 123: Tuna Aluminum - Product / Service
- Exhibit 124: Tuna Aluminum - Key offerings
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Exhibit 125: Inclusions checklist
- Exhibit 126: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 127: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 128: Research methodology
- Exhibit 129: Validation techniques employed for market sizing
- Exhibit 130: Information sources
- 12.5 List of abbreviations
- Exhibit 131: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- Increasing demand for lightweight vehicles
- Growing importance of secondary aluminum
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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