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CHEMISTRY

Over the past decade, worldwide chemical product sales have more than doubled, largely driven by emerging economies that account for about 80% of the chemical production capacity increase. Chemical product sales in Turkey has followed a fairly similar pattern to the global trend. Supported by a dynamic domestic market with strong growth and competitive production costs Turkey, operating in the chemical sector UnUdUr an attractive investment destination for companies. Turkey is also the leading regional brand in the chemical industry production, management and export base is located. BASF, Henkel, Bayer, Evonik, Linda, P & G, Dow Chemical giants such as PPG and making production in Turkey for decades and continues to grow every year. One of the points that Turkey has recorded strong steady growth in the consumer industry. Turkey, Europe’s largest commercial vehicle manufacturer, the world’s 15th largest automotive manufacturer, is the world’s 7th largest agricultural products manufacturer and Europe’s largest textile manufacturer realizes the 3% of world exports. in Turkey within the scope of urban transformation projects across the country over the next 20 years it is projected to be about 6.5 million houses torn down and rebuilt. Thus, Turkey’s construction sector worth 60 billion US dollars, has been one of the fastest growing consumer market for the chemicals industry. Another promising area is the plastics industry, the chemical industry in terms of Turkey performs approximately 3% of the world production of plastics. The large gap between capacity and consumption in petrochemical products offers great opportunities to domestic and foreign investors. Investors, Turkey’s developed infrastructure and can take advantage of attractive opportunities in neighboring countries are also taking advantage of the strategic location. The large gap between capacity and consumption in petrochemical products offers great opportunities to domestic and foreign investors. Investors, Turkey’s developed infrastructure and can take advantage of attractive opportunities in neighboring countries are also taking advantage of the strategic location.

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