Product Code: ETC008698 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Turkiye Refractories Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 8.47% in 2025, the market peaks at 8.81% in 2026, and settles at 4.62% by 2029.
In the Europe region, the Refractories market in Turkiye is projected to expand at a growing growth rate of 8.49% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.
The Turkey refractories market s projected to register a CAGR of 5.4% during the forecast period (2020-2026). The increase in investments in steel production, growth of construction activities, implementation of stringent regulations regarding emission control are some factors driving the growth of the Turkey refractories market.
Steel industry is one of the major end use applications for refractory materials in Turkey due to its high capacity utilization rate over other industries such as iron & aluminum and cement manufacturing. Steel production was reported at 28 million metric tons per annum in 2017; thus making it an attractive destination for investment into this sector by various national & global players. Moreover, initiatives taken by Government towards environmental protection has further opened new avenues for Turkish steel producing companies seeking government subsidies and incentives that could help them meet their desired targets set under international standards with respect to emissions from their plants, which would also result into increased consumption of refractory products to meet these requirements over the forecast period (2020-2026).
Furthermore, rapid urbanization and increasing disposable income among consumers have led to rise in domestic demand for commercial and residential spaces globally including Turkey thus boosting growth prospects for construction sector across country which will further drive demand for fireproofing materials such as brick linings or ceramic fiber boards used extensively on walls & roofs subjecting them constantly exposed temperatures up to 1000?C which require quality insulation solutions provided by few manufacturers offering complete range of refractory products certified with international norms compliant with local standards making it a lucrative opportunity within potential customer segments leading towards higher sales channel revenues generated over forecasted time frame 2020-2026.
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 Refractories Market Overview |
3.1 Turkey Country Macro Economic Indicators |
3.2 Turkey Refractories Market Revenues & Volume, 2019 & 2026F |
3.3 Turkey Refractories Market - Industry Life Cycle |
3.4 Turkey Refractories Market - Porter's Five Forces |
3.5 Turkey Refractories Market Revenues & Volume Share, By Form Types, 2019 & 2026F |
3.6 Turkey Refractories Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.7 Turkey Refractories Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 Turkey Refractories Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Turkey Refractories Market Trends |
6 Turkey Refractories Market, By Types |
6.1 Turkey Refractories Market, By Form Types |
6.1.1 Overview and Analysis |
6.1.2 Turkey Refractories Market Revenues & Volume, By Form Types, 2016 - 2026F |
6.1.3 Turkey Refractories Market Revenues & Volume, By Shaped Refractories, 2016 - 2026F |
6.1.4 Turkey Refractories Market Revenues & Volume, By Unshaped Refractories, 2016 - 2026F |
6.2 Turkey Refractories Market, By Product Types |
6.2.1 Overview and Analysis |
6.2.2 Turkey Refractories Market Revenues & Volume, By Non-clay Refractory, 2016 - 2026F |
6.2.3 Turkey Refractories Market Revenues & Volume, By Clay Refractory, 2016 - 2026F |
6.3 Turkey Refractories Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Turkey Refractories Market Revenues & Volume, By Iron & Steel, 2016 - 2026F |
6.3.3 Turkey Refractories Market Revenues & Volume, By Cement, 2016 - 2026F |
6.3.4 Turkey Refractories Market Revenues & Volume, By Non-Ferrous Metals, 2016 - 2026F |
6.3.5 Turkey Refractories Market Revenues & Volume, By Glass, 2016 - 2026F |
6.3.6 Turkey Refractories Market Revenues & Volume, By Others, 2016 - 2026F |
7 Turkey Refractories Market Import-Export Trade Statistics |
7.1 Turkey Refractories Market Export to Major Countries |
7.2 Turkey Refractories Market Imports from Major Countries |
8 Turkey Refractories Market Key Performance Indicators |
9 Turkey Refractories Market - Opportunity Assessment |
9.1 Turkey Refractories Market Opportunity Assessment, By Form Types, 2019 & 2026F |
9.2 Turkey Refractories Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.3 Turkey Refractories Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 Turkey Refractories Market - Competitive Landscape |
10.1 Turkey Refractories Market Revenue Share, By Companies, 2019 |
10.2 Turkey Refractories Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |