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2020-12-09
509
Middle East and Africa
The plastics industry is one of the fastest and most consistently growing industries of Turkish economy.Turkey’s economy has started on a path of growth again. Although GDP shrank to USD 734 bn (EUR 679 bn) in 2019, a turnaround evidently started in the second half of last year, being 0.9% higher in the third quarter. Following the currency crisis in mid-2018, the country’s economy had been contracting.
According to Turkish plastics industry association Pagev, the contribution of the plastics sector to Turkey’s economy is gradually increasing. Plastic goods production rose 3.4% to 9.46m t in 2019, but this remains below the value in 2017 (9.62m t), while production value fell 2.5% to USD 33.4 bn (EUR 30.9 bn).
By Product Outlook (Volume, Kilotons; Revenue, USD Million)
By Application Outlook (Volume, Kilotons; Revenue, USD Million)
The report analysis and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Turkey Plastic Industry" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
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