Market Forecast By Application (Wire Rod Mills, Brass Mills, Ingot Makers, Foundries and Other Industries) And Competitive Landscape
Product Code: ETC274358 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Turkey Copper Scrap Market Report thoroughly covers the market by application. The Turkey Copper Scrap Market Outlook report provides an unbiased and detailed analysis of the ongoing Turkey Copper Scrap Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Turkey Copper Scrap Market has accomplished prominent growth and is projected to attain significant growth during the forecast period on the back of many factors such as the strategic location of the nation as well as government initiatives to promote the Turkey Copper Scrap Market Growth.
According to 6Wresearch, the Turkey Copper Scrap Market size is estimated to rise at a CAGR of 15% during 2025-2031. One of the major drivers of the Turkey copper scrap market is the country's proximity to significant markets in Europe as well as in Asia. Its strategic location allows the country to serve as a gateway to the European and Asian markets, especially for copper scrap originating from the Middle East. Another driver for the market growth is the local demand for copper scrap in Turkey's copper market, which is rising rapidly. In addition, the country's government has implemented numerous initiatives to promote the copper scrap industry, which has also led to its progression.
Despite the many profits of the Turkey copper scrap market, there are also certain challenges that the market faces. One of the principal challenges is the competition from other copper scrap markets, particularly China as well as India. These markets have established infrastructure and lower labor costs, making them more competitive than Turkey. Another challenge is the volatility of copper prices, which can impact the profitability of the copper scrap industry.
There are several major players in the Turkey copper scrap industry, including government entities, private companies, and individuals. Some key players include Eti Bakir, Cengiz Holding, and Y?ld?r?m Group. These players have established facilities for the production and processing of copper scrap and they have a strong presence in the global copper market.
The Turkish government has also taken many initiatives to support the development of the copper scrap market. In 2016, the country’s government introduced a new law that provides incentives for businesses that invest in recycling facilities. The government has provided funding for research and development projects linked to copper recycling technology. These initiatives have created a favourable environment for businesses to invest in the market.
According to Ravi Bhandari, Research Head, 6Wresearch, the wire rod mill segment by application is one of the most noteworthy segments in the Turkey copper scrap market. This segment has experienced stable growth in recent years, and it's projected to continue growing in the foreseeable future.
The report provides a detailed analysis of the following market segments:
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 Turkey Copper Scrap Market Overview |
3.1 Turkey Country Macro Economic Indicators |
3.2 Turkey Copper Scrap Market Revenues & Volume, 2021 & 2031 |
3.3 Turkey Copper Scrap Market - Industry Life Cycle |
3.4 Turkey Copper Scrap Market - Porter's Five Forces |
3.5 Turkey Copper Scrap Market Revenues & Volume Share, By Application, 2021 & 2031 |
4 Turkey Copper Scrap Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for copper in various industries such as construction, electronics, and automotive sectors. |
4.2.2 Growing awareness and adoption of recycling practices to reduce environmental impact. |
4.2.3 Favorable government policies promoting sustainable practices and recycling initiatives. |
4.3 Market Restraints |
4.3.1 Fluctuating global copper prices affecting the profitability of copper scrap recycling. |
4.3.2 Competition from alternative materials like aluminum impacting the demand for copper scrap. |
4.3.3 Challenges in collection and processing of copper scrap due to logistical issues and inadequate infrastructure. |
5 Turkey Copper Scrap Market Trends |
6 Turkey Copper Scrap Market, By Types |
6.1 Turkey Copper Scrap Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Turkey Copper Scrap Market Revenues & Volume, By Application, 2021-2031 |
6.1.3 Turkey Copper Scrap Market Revenues & Volume, By Wire Rod Mills, 2021-2031 |
6.1.4 Turkey Copper Scrap Market Revenues & Volume, By Brass Mills, 2021-2031 |
6.1.5 Turkey Copper Scrap Market Revenues & Volume, By Ingot Makers, 2021-2031 |
6.1.6 Turkey Copper Scrap Market Revenues & Volume, By Foundries and Other Industries, 2021-2031 |
7 Turkey Copper Scrap Market Import-Export Trade Statistics |
7.1 Turkey Copper Scrap Market Export to Major Countries |
7.2 Turkey Copper Scrap Market Imports from Major Countries |
8 Turkey Copper Scrap Market Key Performance Indicators |
8.1 Percentage of copper scrap recycled compared to total copper consumption in Turkey. |
8.2 Average selling price of copper scrap in the market. |
8.3 Number of government initiatives supporting copper scrap recycling and sustainability practices. |
8.4 Percentage of copper scrap exports compared to total copper scrap production in Turkey. |
8.5 Rate of growth in demand for copper scrap from key industries in Turkey. |
9 Turkey Copper Scrap Market - Opportunity Assessment |
9.1 Turkey Copper Scrap Market Opportunity Assessment, By Application, 2021 & 2031 |
10 Turkey Copper Scrap Market - Competitive Landscape |
10.1 Turkey Copper Scrap Market Revenue Share, By Companies, 2024 |
10.2 Turkey Copper Scrap Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |