Turkey Synthetic Rubber Market, Volume ,

Synopsis
The above chart is Turkey Synthetic Rubber Market, Volume (Kilotons), 2019 - 2028

Market Dynamics

the demand for synthetic rubber in turkey has been steadily increasing over the years, driven by the country's rapidly growing automobile and tire manufacturing industries. in 2019, the market volume for synthetic rubber in turkey reached a total of kilotons, with a forecasted steady growth rate of 2.5% until 2028. the automotive industry is the major driving force behind the demand for synthetic rubber in turkey. the country has a strong manufacturing base for automobiles, with several global automotive companies establishing their production plants in turkey. as a result, there is a high demand for synthetic rubber for use in the production of tires, tubes, and other automotive components. moreover, the tire manufacturing industry in turkey is also experiencing significant growth, further boosting the demand for synthetic rubber. turkey is now one of the largest tire producers in europe, with some of the top global tire companies having production facilities in the country. the demand for high-quality tires has also been increasing, particularly in the export market, leading to a higher demand for synthetic rubber. besides the automobile and tire industries, the construction sector in turkey also contributes to the demand for synthetic rubber. the construction industry is one of the fastest-growing in the country, with numerous ongoing infrastructure projects. synthetic rubber is widely used in the construction of buildings, roads, and bridges, creating a consistent demand for this material. furthermore, the rising awareness about the benefits of synthetic rubber over natural rubber has also boosted its demand in turkey. synthetic rubber has higher strength, durability, and resistance to heat, weather, and chemicals compared to its natural counterpart. this makes it a preferred choice for many industrial applications, further driving its demand in the country. in conclusion, the demand for synthetic rubber in turkey is expected to continue to grow steadily in the coming years, driven by the thriving automobile and tire industries, the construction sector, and the increasing preference for synthetic rubber over natural rubber. this presents a lucrative opportunity for manufacturers and suppliers to tap into and cater to the growing market demand.