Authored By: Sarah
30 Sep 2023

ATurkey Aluminum Manufacturing Market Analysis | AKPA ALUMINYUM TIC AS, Albaksan Alasimli Bakir, and Alko Aluminum are among significant contributors

Competitive Benchmarking and Forecasts for Market Players 2023-2027

Turkey Aluminum Manufacturing Market is estimated to grow at a CAGR of 5.9% between 2022 and 2027 followed by a forecasted growth in revenue by USD 2,269.92 Mn. Rising demand for lightweight vehicles, increasing urbanization and industrialization in Turkey, and rising demand for power infrastructure are generating demand for Aluminum.

The market can be segmented by product (extrusion products, rolled products, wires, and others) and end-user (automotive and transportation, building and construction, packaging, machinery and equipment, and others). Technavio's research report projects market's growth trajectory is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights.

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Snapshot of Turkey Aluminum Manufacturing Market Analysis

Core Companies and their Key Offerings: When it comes to the core companies in the market landscape companies are implementing strategic alliances and service launches, to enhance their market presence across the region.

Some Key Offerings include 

  • Teknik Aluminum specializes in the production of cold rolled aluminum products such as coils, strips, and sheets in a range of different alloys, surface patterns, and dimensions based upon the market requirements.
  • Bor Aluminyum 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.

Some of the leading companies in the market sphere are 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 ALUMINUM SANAYI VE TICARET AS, Caliskan Aluminum Accessories, Cansan Aluminum, Dogus Kalp, Eti Aluminyum, Hisar Celik Dokum Sanayi ve Ticaret AS, KOLAS ALUMINUM AS, etc. Our report includes qualitative and quantitative analyses of market leaders with a wider understanding of the business ecosystem. 

Technavio's research report provides insights into the top market players and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors market players must distinguish their product and service offerings through a clear and unique value proposition. Download our sample report for more insights.

Aluminum Manufacturing Market In Turkey: Market Highlights

  • The Aluminum manufacturing market in Turkey is segmented by Product (Extrusion products, Rolled products, Wires, and Others) and End-user (Automotive and transportation, Building and construction, Packaging, Machinery and equipment, and Others).
  • Turkey led the market with 100% of the market growth set to originate from this region during the forecast period.
  • Increasing demand for lightweight vehicles is one of the primary factors driving the growth of the aluminum manufacturing market in Turkey. The report provides a detailed study of this and all the other drivers that will boost market growth. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals.
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