Turkey Cement Market, 2026

1. 2016 – 2026 TURKEY CEMENT MARKET FORECAST & OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING

2. Scope of Report Product of Interest (POI): Cement A cement is a binder, a substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement is seldom used on its own, but rather to bind sand and gravel together. Cement mixed with fine aggregate produces mortar for masonry, or with sand and gravel, produces concrete. Market Segmentation Year Range APPLICATION TYPE Residential Commercial Infrastructure Industrial Institutional OPC PPC Others • • • • Review Period • • 2016 – 2019 • Base Year • REGION Marmara Region 2020 • Estimated Year Central Anatolia Region • 2021 Aegean Region • Mediterranean Region • Forecast Period Black Sea Region • 2022 – 2026 South Eastern Anatolia Region • Eastern Anatolia Region • 2

3. Table of Contents S. No. Contents Page No. 1. Product Overview (Definition of product and major terminologies used in the report) Research Methodology (Detailed description of the methodology used to conduct the research, Raw data backup, list of all secondary sources, List of respondents for primary surveys) 2. 3. Impact of COVID-19 on Turkey Cement Market 4. Executive Summary 5. Voice of Customer 5.1. Brand Awareness 5.2. Brand Satisfaction 5.3. Factors Influencing Purchase Decisions 6. Turkey Cement Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value & Volume 6.2. Market Share & Forecast 6.2.1. By Type (OPC, PPC & Others) By Application (Residential, Commercial, Infrastructure, Industrial, Institutional) 6.2.2. 6.2.3. By Company 6.2.4. By Region 6.3. Product Market Map 6.4. Pricing Analysis 7. Turkey Ordinary Portland Cement Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value & Volume 7.2. Market Share & Forecast 3

4. Table of Contents S. No. Contents Page No. 7.2.1. By Application 7.2.2. By Province (Top 3 Provinces) 8. Turkey Pozzolona Portland Cement Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value & Volume 8.2. Market Share & Forecast 8.2.1. By Application 8.2.2. By Province (Top 3 Provinces) 9. Market Dynamics (This chapter assesses the major demand drivers and restraints.) 9.1. Drivers 9.2. Challenges 10. Supply Chain Analysis 11. Market Trends & Developments 12. Policy & Regulatory Landscape 13. Turkey Economic Profile 14. Competitive Landscape 14.1. Competition Outlook 14.2. Company Profiles (Top 10 Players) 14.2.1. Company Details 14.2.2. Products & Services 14.2.3. Financials (As Reported) 14.2.4. Key Market Focus & Geographical Presence 4

5. Table of Contents S. No. Contents Page No. 14.2.5. Recent Developments 15. Strategic Recommendations 16. About Us & Disclaimer 5

6. RESEARCH METHODOLOGY

7. Research Methodology Market Profiling Data Analysis Data Data Developing List of Respondents Formulating Questionnaire Collection Validation In-depth secondary research was conducted to determine top players in the Turkey cement market, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the Turkey cement market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and industry players for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. Primary Research Desk Research Company Analysis ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Conclusion ✓ ✓ Market Participants Key Strengths ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews Actionable Insights Data Filter & Analysis Business Solution Research & Intelligence Data Collection ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 7

8. Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of Turkey cement market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as significant growth in the building, construction and infrastructure industry, which are expected to boost the demand for cement. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in Turkey cement market. Methodology Followed for Calculation of Market Size: Market Size By Value & Volume: Market size, in terms of value & volume, for the year 2020 was calculated based on information • collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as cement manufacturers & suppliers, channel partners, market influencers & end users, industry experts, and other industry participants. The team interviewed more than 15 – 20 cement manufacturer & suppliers, 45 – 50 channel partners, 80 – 100 end users, and 15 – 20 • industry experts and other value & volume chain stakeholders in Turkey cement market to obtain the overall market size from 2016 to 2020, which was validated by using Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2016-2020. 8

9. Research Methodology Respondents were asked about the current and future market growth rates, market shares by type, by application, by region and by • company. Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders. Methodology Followed for Calculation of Market Shares: Market shares by type, by application, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of cement market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in • SPSS/Tableau Software. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Turkey • cement market, TechSci Research used various forecast techniques such as: Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis ✓ 9

10. Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. Partial List of Companies Interviewed Key Secondary Sources ▪ Akcansa Cement ▪ World Bank ▪ Oyak Group ▪ TechSci Research Proprietary Database & ▪ Çimsa Cement Knowledge Repository ▪ Limak Cement ▪ Company Annual Reports ▪ Aşkale Cement ▪ Industry Magazines ▪ Heidelberg Cement Group ▪ Industry Reports ▪ Votorantim Cement ▪ Cement Manufacturers Association ▪ FLSmidth ▪ News Dailies ▪ ADOCIM ▪ Credible Paid Databases ▪ Bursa Cement Company 10

11. Industry Brief According to TechSci Research report, “Turkey Cement Market By Type (Blended, Portland, Others), By End Use (Residential, Non-Residential), By Region, Competition Forecast & Opportunities, 2026”, the Turkey Cement market is expected to grow at a rate of steady CAGR for the forecast period, 2022-2026. Cement is a vital part used in construction, which is a grey-colored inorganic substance with excellent hydraulic binding ability. Cement is a mixture of finely ground minerals that form rock-like substances with water, sand, and gravel. Concrete is made using Cement material used for mass construction, including civil works, industrial estates, and others. Different kinds of Cement are used for various purposes according to need and requirements, chosen according to the required strength and durability. The continuous rise in the population is increasing the demand for the construction of residential buildings. The booming real estate sector and the high demand from residential and commercial sectors is the key factor contributing to the increased market demand for the forecast period. The growing prevalence of chronic diseases, the demand for quality healthcare services, and the need to develop the education industry to improve the country's economic conditions are expected to influence the demand of the Cement market. The surge in demand for the construction of intuitional buildings to boost the healthcare and educational sector in the country is expected to accelerate the demand for the Turkey Cement market growth. The rise in the number of nuclear families fueling the demand for the construction of separate homes and the growing demand for accommodation facilities in the urban areas is expected to foster the demand for the Turkey Cement market. The surge in the per capita income of the consumers is propelling the affordability of the consumers to invest in the real estate, and the construction of quality and aesthetically appealing buildings is, in turn, boosting the demand for the Turkey Cement market. The rise in the efforts made by the leading authorities to boost the construction industry in the country by launching schemes and policies promoting the infrastructural development and the availability of financial assistance to the consumers is expected to influence the demand for the Turkey Cement market for the next five years. However, government regulations to control the level of carbon emissions may restrain the Turkey Cement market growth for the forecast period. Turkey Cement market is segmented into type, end use, regional distribution, and company. Based on the type, the market is divided into blended, portland, and others. The portland Cement segment followed closely by blended Cement is expected to hold the largest market share for the forecast period. The high demand for Portland Cement from the residential, industrial, and commercial construction sectors is driving the Turkey Cement market. Portland Cement is in high demand for the construction of dams, roads, beams, and panels. The high strength and durability of the Portland Cement make it a preferred option for construction purposes. Portland Cement shows good resistance to shrinkage and cracking and has a lower setting time which is the primary reason for its high preference in construction activities. Blended Cement has several characteristics such as improved workability, lower water demand, lower crack formation due to thermal stress. Akcansa Cement, Oyak Group, Çimsa Cement, Limak Cement, Aşkale Cement, Heidelberg Cement Group, Votorantim Cement, FLSmidth, ADOCIM, Bursa Cement Company are the leading players operating in Turkey Cement market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several Cement manufacturers are coming up with their technologically advanced offerings. “Stringent regulations set up by the leading authorities to curb the carbon dioxide levels in the environment and the efforts made by the manufacturers to minimize the emission levels are expected to create lucrative opportunities for the Turkey Cement market growth. The growing demand for green and sustainable Cement to lower the impact of harmful emissions on the environment and the growing awareness regarding the use of green Cement is expected to boost the demand for the Turkey Cement market. Also, to fuel the Cement industry, manufacturers are focusing on the development of the Cement export sector to cater to the ongoing construction activities in different countries that are expected to propel the Turkey Cement market till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm. 11

12. Sample Data - Snapshot Turkey Cement Market Size, By Value (USD Million) & Volume (Million Ton), 2016–2026F 15.00 110.00 14.00 100.00 13.00 90.00 12.00 80.00 11.00 70.00 10.00 60.00 9.00 50.00 8.00 40.00 7.00 30.00 6.00 20.00 5.00 10.00 2016 2020 2021E 2026F CAGR BY VALUE: XX% CAGR BY VOLUME: XX% CAGR BY VALUE: XX% CAGR BY VOLUME: XX% By Value (USD Million) By Volume (Million Ton) Turkey Cement Market Share, By Type, By Value, 2016–2026F Turkey Cement Market Share, By Application, By Value, 2016–2026F OPC PPC Others Residential Commercial Infrastructure Industrial Institutional 33% 34% 33% 20% 20% 20% 20% 20% 2026F 2026F 33% 34% 33% 20% 20% 20% 20% 20% 2025F 2025F 33% 34% 33% 20% 20% 20% 20% 20% 2024F 2024F 33% 34% 33% 2023F 20% 20% 20% 20% 20% 2023F 33% 34% 33% 2022F 20% 20% 20% 20% 20% 2022F 33% 34% 33% 20% 20% 20% 20% 20% 2021E 2021E 33% 34% 33% 20% 20% 20% 20% 20% 2020 2020 33% 34% 33% 20% 20% 20% 20% 20% 2019 2019 33% 34% 33% 20% 20% 20% 20% 20% 2018 2018 33% 34% 33% 20% 20% 20% 20% 20% 2017 2017 33% 34% 33% 20% 20% 20% 20% 20% 2016 2016 Turkey Cement Market Share, By Company, By Value, 2020 100% 25% 20% 17% 12% 8% Total Company 1 Company 2 Company 3 Company 4 Company 5 12

13. Report Ordering Report Name: TURKEY CEMENT MARKET FORECAST & OPPORTUNITIES 2016 – 2026 License Type Single User License Price $3500 Multi-User License Custom Research License $4500 $7500 To View Sample OR Purchase Report 13

14. About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and Turkey. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a Province-by-Province basis to produce a unique ‘bottom- up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports Turkey White Cement Market By Pack Size (1Kg, 5Kg, 25Kg and 50Kg), By End Use (Residential, Commercial, Industrial and Infrastructure), By Region (East, West, North and South), Competition Forecast & Opportunities, 2014 – 2024 • Turkey Cement Market By Type (OPC, PPC and Others), By Application (Urban Housing, Rural Housing, Commercial, Infrastructure, Industrial and Institutional), Competition, Forecast & Opportunities, 2014 – 2024 • Global Cement Market, By Product Type (Fly Ash Based, Slag Based, Geopolymer and Others), By Application (Residential, Commercial, Industrial and Others), By Company and By Geography, Forecast & Opportunities, 2023 • TechSci Research – North America 708 Third Avenue, Manhattan, New York, United Provinces Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially Provinces that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.