Within the 2018-2023 timeframe, our forecast models predict growth from 3.2% p.a. in a low scenario to 13.9% p.a. in a high scenario. Accordingly, the industry in Turkey is expected to achieve revenues of between $413m to $681m by 2023.

The commercial industrial gases market in Turkey was estimated to have generated revenues of $297m in 2018. This was an increase from $182m in 2008, indicating an average annual growth rate of 5.1% p.a.

During the period of 2008-2018 GDP in Turkey experienced a growth rate of 14.1% p.a for the decade. The economy did dip during the financial crisis, with a low of -0.3% in 2009. However this was followed by an immediate recovery, and in 2018 the GDP growth rate sits at 19.5%.

Published: 2020
Report Data: 2019

Each report contains a 10-year history and 5-year forecast of the respective gas markets.

  • Industrial gas supply structure
  • Companies operating within each country
  • Market structure in terms of demand for gases
  • Macro-economic influences and drivers
  • Future market forecasts
  • Investment potential

Cost: $3600 USD

Buy this report View Dashboard