Turkey Construction Materials Market Introduction and Overview
According to SPER Market Research, the Turkey Construction Materials Market is estimated to reach USD XX million by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Turkey Construction Materials Market, including market size and trends, product mix, applications, and supplier analysis. Construction material is any material that is utilised to build infrastructure. Many naturally occurring materials, such as pebbles, clay, wood, sand, twigs, and leaves, have been used to construct buildings. Bricks, concrete, cement, corrosion inhibitors, wood, ceramics, polymers, steel, recycled materials, glass fibres, rammed earth, bamboo, bituminous materials, and innovative building materials are some of the main materials used in the construction industry.
Market Opportunities and Challenges
Turkey's construction materials market is expanding at an unprecedented rate right now because of a significant infrastructure development project that is under progress. In the construction materials sector, Turkey is a growing market. There is a strong need for infrastructure and housing projects due to the expanding population. The government's emphasis on improving the nation's logistics and transportation networks has also drawn a large number of foreign investors. Government spending on building and infrastructure projects, increasing income levels, and fast urbanisation are all predicted to contribute to the market's growth. The market is expanding as a result of opportunities created by a few persistent trends. Using sustainable and eco-friendly building materials has become popular, and Turkey is not an exception to this trend.
Environmentally friendly building materials like cotton insulation, bamboo flooring, and recycled glass countertops are becoming more and more popular with construction stakeholders. Virtual reality (VR) and building information modelling (BIM) are two further examples of how technology is being used more and more in the construction industry. However, the market faces a number of difficulties, including intense rivalry that results in price wars and narrow profit margins for suppliers and producers of building materials. The pricing of the market is further impacted by the importation of certain building supplies, such cement. Moreover, Turkey's construction materials business is vulnerable to supply chain disruptions and changes in the global market due to its reliance on foreign suppliers.
Market Competitive Landscape
Turkey's construction materials market is very fragmented, with a number of major competitors in the market. Among the top producers and distributors of building supplies are Akcansa, Cimsa Cement, AGT, and Celik Kapi. Furthermore, Turkey has a large number of regional producers of building supplies, such Turkey Blocks and Marmo Construction, which provide steel, concrete, and wood items.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Application
|
| Regions covered | Algeria, Egypt, Nigeria, South Africa, Others
|
| Companies Covered | AGT, Akcansa, Celik Kapi, Cimsa Cement, Marmo Construction, Turkey Blocks, Others
|
COVID-19 Impact on Turkey Construction Materials Market
The construction industry, which is susceptible to economic cycles, was severely impacted by the COVID-19 epidemic. All construction operations were halted due to a number of limitations and lockdown procedures. The market for building materials was affected from the supply side by the disruption of the supply chain caused by labour shortages, limits on construction, and lack of raw materials. Additionally, the end user's purchasing power significantly declined as a result of job losses or pay reductions.
Key Target Audience
- Architects and Designers
- Construction Material Distributors and Suppliers
- Contractors and Builders
- End Users (Homeowners, Businesses, Industries)
- Manufacturers of Construction Materials
- Real Estate Developers
- Others
Our in-depth analysis of the Turkey Construction Materials Market includes the following segments:
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By Type
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Cement
Concrete Bricks
Construction Aggregates
Construction Metals
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By Application
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Commercial
Industrial
Residential
|
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By Region:
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Central Turkey
Eastern Turkey
Western Turkey
|
Key Topics Covered in the Report
- Turkey Construction Materials Market Size (FY’2023-FY’2033)
- Overview of Turkey Construction Materials Market
- Segmentation of Turkey Construction Materials Market By Type (Cement, Concrete Bricks, Construction Aggregates, Construction Metals)
- Segmentation of Turkey Construction Materials Market By Application (Commercial, Industrial, Residential)
- Statistical Snap of Turkey Construction Materials Market
- Expansion Analysis of Turkey Construction Materials Market
- Problems and Obstacles in Turkey Construction Materials Market
- Competitive Landscape in the Turkey Construction Materials Market
- Impact of COVID-19 and Demonetization on Turkey Construction Materials Market
- Details on Current Investment in Turkey Construction Materials Market
- Competitive Analysis of Turkey Construction Materials Market
- Prominent Players in the Turkey Construction Materials Market
- SWOT Analysis of Turkey Construction Materials Market
- Turkey Construction Materials Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Turkey Construction Materials Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Turkey Construction Materials Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Turkey Construction Materials Market
7. Turkey Construction Materials Market, By Type (USD Million)
7.1. Turkey Construction Materials Market Value Share and Forecast, By Type, 2023-2033
7.2. Cement
7.3. Concrete Bricks
7.4. Construction Aggregates
7.5. Construction Metals
8. Turkey Construction Materials Market, By Application (USD Million)
8.1. Turkey Construction Materials Market Value Share and Forecast, By Application, 2023-2033
8.2. Commercial
8.3. Industrial
8.4. Residential
9. Turkey Construction Materials Market Forecast, 2019-2033 (USD Million)
9.1. Turkey Construction Materials Market Size and Market Share
10. Turkey Construction Materials Market, By Type, 2019-2033 (USD Million)
10.1. Turkey Construction Materials Market Size and Market Share By Type (2019-2026)
10.2. Turkey Construction Materials Market Size and Market Share By Type (2027-2033)
11. Turkey Construction Materials Market, By Application, 2019-2033 (USD Million)
11.1. Turkey Construction Materials Market Size and Market Share By Application (2019-2026)
11.2. Turkey Construction Materials Market Size and Market Share By Application (2027-2033)
12. Turkey Construction Materials Market, By Region, 2019-2033 (USD Million)
12.1. Turkey Construction Materials Market Size and Market Share By Region (2019-2026)
12.2. Turkey Construction Materials Market Size and Market Share By Region (2027-2033)
12.3. Central Turkey
12.4. Eastern Turkey
12.5. Western Turkey
13. Company Profile
13.1. AGT
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Akcansa
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Celik Kapi
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Cimsa Cement
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Marmo Construction
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Turkey Blocks
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
