Chemicals in Turkey
Summary
Chemicals in Turkey industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Chemicals in Turkey industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The chemicals market is segmented into commodity chemicals, specialty chemicals, agriculture chemicals, and others. Market values represent a country's consumption of chemical products at the producer's selling price (PSP).
- The Turkish chemicals market recorded a revenue of $62.9 billion in 2025, representing a compound annual growth rate (CAGR) of 8.1% between 2020 and 2025.
- The commodity chemicals segment accounted for the largest share of the market in 2025, with total revenue of $37.9 billion, equivalent to 60.3% of the market's overall value.
- The Turkish chemicals market recorded an annual growth of 2.1% in 2025, due to the emerging market status and expanding urbanization. According to the World Bank, in 2025, the urban population in Turkey increased by 1.0% compared to 2024.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the chemicals market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the chemicals market in Turkey
- Leading company profiles reveal details of key chemicals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Turkey chemicals market with five year forecasts by both value and volume
- What was the size of the Turkey chemicals market by value in 2025?
- What will be the size of the Turkey chemicals market in 2030?
- What factors are affecting the strength of competition in the Turkey chemicals market?
- How has the market performed over the last five years?
- Who are the top competitors in Turkey's chemicals market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
2.3. Regulatory landscape
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What is the impact of the Iran-Israel war on the Turkish chemicals market?
7.4. What are the recent developments in the market?
8 COMPANY PROFILES
8.1. Sasa Polyester Sanayi AS
8.2. Turkiye Petrol Rafinerileri AS
8.3. BASF SE
8.4. Dow Inc
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
2.3. Regulatory landscape
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What is the impact of the Iran-Israel war on the Turkish chemicals market?
7.4. What are the recent developments in the market?
8 COMPANY PROFILES
8.1. Sasa Polyester Sanayi AS
8.2. Turkiye Petrol Rafinerileri AS
8.3. BASF SE
8.4. Dow Inc
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Turkey chemicals market value: $ billion, 2020-25
Table 2: Turkey chemicals market category segmentation: % share, by value, 2020-25
Table 3: Turkey chemicals market category segmentation: $ billion, 2020-25
Table 4: Turkey chemicals market geography segmentation: $ billion, 2025
Table 5: Turkey chemicals market value forecast: $ billion, 2025-30
Table 6: Sasa Polyester Sanayi AS: Key Facts
Table 7: Sasa Polyester Sanayi AS: Annual Financial Ratios
Table 8: Sasa Polyester Sanayi AS: Key Employees
Table 9: Turkiye Petrol Rafinerileri AS: Key Facts
Table 10: Turkiye Petrol Rafinerileri AS: Annual Financial Ratios
Table 11: Turkiye Petrol Rafinerileri AS: Key Employees
Table 12: BASF SE: Key Facts
Table 13: BASF SE: Annual Financial Ratios
Table 14: BASF SE: Key Employees
Table 15: Dow Inc: Key Facts
Table 16: Dow Inc: Annual Financial Ratios
Table 17: Dow Inc: Key Employees
Table 18: Turkey Size of Population (Million), 2021-25
Table 19: Turkey Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 20: Turkey GDP (Current Prices, $ Billion), 2021-25
Table 21: Turkey Inflation, 2021-25
Table 22: Turkey Consumer Price Index (Absolute), 2021-25
Table 23: Turkey Exchange Rate, 2020-25
Table 1: Turkey chemicals market value: $ billion, 2020-25
Table 2: Turkey chemicals market category segmentation: % share, by value, 2020-25
Table 3: Turkey chemicals market category segmentation: $ billion, 2020-25
Table 4: Turkey chemicals market geography segmentation: $ billion, 2025
Table 5: Turkey chemicals market value forecast: $ billion, 2025-30
Table 6: Sasa Polyester Sanayi AS: Key Facts
Table 7: Sasa Polyester Sanayi AS: Annual Financial Ratios
Table 8: Sasa Polyester Sanayi AS: Key Employees
Table 9: Turkiye Petrol Rafinerileri AS: Key Facts
Table 10: Turkiye Petrol Rafinerileri AS: Annual Financial Ratios
Table 11: Turkiye Petrol Rafinerileri AS: Key Employees
Table 12: BASF SE: Key Facts
Table 13: BASF SE: Annual Financial Ratios
Table 14: BASF SE: Key Employees
Table 15: Dow Inc: Key Facts
Table 16: Dow Inc: Annual Financial Ratios
Table 17: Dow Inc: Key Employees
Table 18: Turkey Size of Population (Million), 2021-25
Table 19: Turkey Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 20: Turkey GDP (Current Prices, $ Billion), 2021-25
Table 21: Turkey Inflation, 2021-25
Table 22: Turkey Consumer Price Index (Absolute), 2021-25
Table 23: Turkey Exchange Rate, 2020-25
LIST OF FIGURES
Figure 1: Turkey chemicals market value: $ billion, 2020-25
Figure 2: Turkey chemicals market category segmentation: $ billion, 2020-25
Figure 3: Turkey chemicals market geography segmentation: % share, by value, 2025
Figure 4: Turkey chemicals market value forecast: $ billion, 2025-30
Figure 5: Forces driving competition in the chemicals market in Turkey, 2025
Figure 6: Drivers of buyer power in the chemicals market in Turkey, 2025
Figure 7: Drivers of supplier power in the chemicals market in Turkey, 2025
Figure 8: Factors influencing the likelihood of new entrants in the chemicals market in Turkey, 2025
Figure 9: Factors influencing the threat of substitutes in the chemicals market in Turkey, 2025
Figure 10: Drivers of degree of rivalry in the chemicals market in Turkey, 2025
Figure 1: Turkey chemicals market value: $ billion, 2020-25
Figure 2: Turkey chemicals market category segmentation: $ billion, 2020-25
Figure 3: Turkey chemicals market geography segmentation: % share, by value, 2025
Figure 4: Turkey chemicals market value forecast: $ billion, 2025-30
Figure 5: Forces driving competition in the chemicals market in Turkey, 2025
Figure 6: Drivers of buyer power in the chemicals market in Turkey, 2025
Figure 7: Drivers of supplier power in the chemicals market in Turkey, 2025
Figure 8: Factors influencing the likelihood of new entrants in the chemicals market in Turkey, 2025
Figure 9: Factors influencing the threat of substitutes in the chemicals market in Turkey, 2025
Figure 10: Drivers of degree of rivalry in the chemicals market in Turkey, 2025