The Turkish chemical sector has been developing continuously in recent years. Today the industry provides not only raw-materials but also intermediate products to other actors in the economy, especially automation, leather products, glass, textiles and paper.
The Turkish chemical sector covers a wide range of products in 14 distinct product chapters In foreign trade statistics. The production of the sector is generally aimed at the products required by the manufacturing industry and the directly consumable products; namely, petrochemicals, thermoplastics, fertilizers, organic and inorganic chemicals, pharmaceuticals, synthetic fibers and yarns, soap and detergents, paints, etc.
The scale of the sector is reached to 5 trillion dollars with the export of 15,4 billion dollars in 2015. It has a share of 0,38% in the global chemical market and aimed to increase the rate to 0,70 until 2023. The export is done to 103 countries and having a share of 10,7% in total export number of Turkey.
Petkim Petrokimya Holding A.S., an important player which is 49% state-owned, covers approximately 25% of the demand for petrochemicals in Turkey with its domestic production facilities. Turkey enjoys several competitive advantages, being one of the main world producers of soda, chrome and boron. This sector has been growing for decades, giving support to other sectors and today providing around 300,000 jobs in approximately 22,000 companies. Most of these firms are located in Istanbul, Izmir, Kocaeli, Sakarya, Adana, Gaziantep and Ankara