Non-metallic Minerals Market in Turkey 2016-2020

Overview of the non-metallic minerals market in Turkey

The non-metallic minerals market in Turkey is anticipated to witness steady growth and will post a moderate CAGR of more than 5% over the forecast period. With an increase in FDI inflow in the country, the market for non-metallic minerals is likely to have a positive outlook in the coming years. Growth in GDP, increase in per-capita income, and the country’s strategic location at the crossroads of Europe and Asia have made Turkey an attractive destination for foreign investors. The Central Bank of the Republic of Turkey stated that country attracted an FDI flow over USD 10 billion in 2015.  Sectors such as manufacturing, financial services, and energy were the top recipients of this inflow, of which the non-metallic minerals market attracted an investment of over USD 150 million. Joint ventures formed by such increase in FDI inflow is contributing to the growth of indigenous manufacturers.

Manufacturers of ceramic tiles are employing advanced technologies such as 3D printing, anti-microbial glaze, nanotechnology, and water jet technology. Digital printing technology not only helps in enhancing the color of tiles but also reproduces the finish of marble, granite, and wood. Anti-microbial glazed tiles are also gaining traction in the market, especially in the residential, healthcare, and hospitality sectors. This new-age technology is infused during the manufacturing process of the tiles and helps in curbing bacterial growth on the surface of the tiles. Moreover, the incorporation of nanotechnology helps in the forming an invisible anti-bacterial layer on the surface of tiles that blocks the air holes on the surface of tiles, preventing dirt from penetrating and accumulating in the tiles. The introduction of novel technologies in ceramic tile manufacturing is anticipated to propel the growth prospects for this market until the end of 2020.

Segmentation by product type and analysis of the non-metallic minerals market in Turkey

• Glass and glass-based products
• Porcelain and ceramic products
• Stone-based products
• Clay-based building materials
• Refractory products

During 2015, the glass and glass-based products segment dominated the market and accounted for a significant market share of more than 41% in terms of revenue. There is an augmented demand for glass-based products from the residential and non-residential construction sectors. The initiation of several construction projects in the country is a major driver for the glass-based products segment. Moreover, growing environmental awareness is also prompting glass manufacturers to develop new energy-efficient products, such as solar control glass and low-e glass.

Competitive landscape and key vendors

Due to the presence of several regional and international players, the non-metallic minerals market in Turkey is highly fragmented. The manufacturers compete on the basis of price, quality, and variety. To gain a foothold in the market, the leading manufacturers are offering customized products mainly for non-residential end-users such as offices, malls, restaurants, and hotels.

 Key vendors in this market are -

• Akgün Ceramic
• DEMiREKS SERAMiK
• Ege Seramik
• Haznedar
• Hitit Seramik
• Kale Group
• Kümaş Manyezit Sanayi
• Lamberti Group
• Ottoman Tiles
• Remsan
• Saint Gobain
• SCHOTT
• Şişecam Group
• SORMAS, Sogüt Refractory Materials
• SUPERATES Refractory Material
• Turkish Ceramics
• UĞURLU OTO CAM
• VitrA
• Yüksel Seramik

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the non-metallic minerals market in Turkey?
• What are the key market trends impacting the growth of the non-metallic minerals market in Turkey?
• What are the challenges to market growth?
• Who are the key vendors in the non-metallic minerals market in Turkey?
• What are the market opportunities and threats faced by the vendors in the non-metallic minerals market in Turkey?
• What are the trending factors influencing the market shares of Turkey?
• What are the key outcomes of the five forces analysis of the non-metallic minerals market in Turkey?

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