Latest News- Aluminum Manufacturing Market in Turkey: Extrusion products is expected to lead the Product segment during 2025-2029

The Aluminum Manufacturing Market in Turkey is being driven by Increasing demand for lightweight vehicles

The Aluminum Manufacturing Market in Turkey is expected to grow at a CAGR of 7.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3131.1 million. In the aluminum manufacturing industry, secondary aluminum production plays a significant role due to its environmental benefits and cost-effectiveness. This process involves extracting and preparing recycled aluminum from various waste materials, such as used beverage cans or end-of-life vehicles. Advanced techniques, including laser-induced breakdown spectroscopy (LIBS) and color sorting, are employed to separate aluminum from other materials and alloys, as well as to eliminate contaminants. The energy efficiency of secondary aluminum production is 92% greater than primary aluminum production, making aluminum scrap a valuable commodity. Approximately 90.55% of aluminum can be recycled at the end of its lifecycle, underscoring the importance of this sustainable practice in the Turkish aluminum manufacturing market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Extrusion products
  • Rolled products
  • Wires
  • Others
• End-user
  • Automotive and transportation
  • Building and construction
  • Packaging
  • Machinery and equipment
  • Others
• Geography
  • Turkey

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing demand for lightweight vehicles
• Increasing urbanization and industrialization in Turkey
• Rising demand for power infrastructure

However, the market also witnesses some limitations, which are as follows:

• Rising raw material costs and supply chain disruptions
• Rising usage of advanced steels in automotive body parts
• Increasing closure of aluminum smelting units

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Market Scope in Aluminum Manufacturing Market in Turkey Research Report

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Research Analysis Overview

The Aluminum Manufacturing Market in Turkey encompasses various aspects of aluminum production, including smelting, refining, fabrication, processing, finishing, recycling, and substitution. Key areas of focus include composites, alloys development, research, innovation, industry trends, market analysis, and price trends. The supply chain, logistics, standardization, safety, sustainability, carbon footprint, and environmental impact are also crucial elements. Additionally, associations, trade shows, conferences, publications, databases, software, technology, equipment, machinery, tooling, automation, and digitalization play significant roles in the aluminum industry.

Market Research Overview

The Aluminum Manufacturing Market in Turkey encompasses the production of aluminum alloys, sheet metal, and aluminum foil, primarily used in the manufacturing of consumer goods and energy efficiency applications. Aluminum alloys, a significant segment of the non-ferrous metals industry, are essential inputs for various sectors, including automotive, construction, packaging, and electronics. This market caters to the demand for lightweight, durable, and recyclable aluminum products, contributing to the growth of the global diversified metals and mining market. The market size is determined by the combined revenue generated from aluminum alloy production, sheet metal fabrication, and aluminum foil manufacturing. Key players in this market include Rasel Aluminum, Erdemir, and Yassus Aluminum.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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