21/03/2025 – wire and Tube Eurasia 2025 in Istanbul/Türkiye
Good market opportunities for the wire, cable and tube industries
Türkiye, a country with about 87.5 million inhabitants, has a broad spectrum of industries. Another strength is its transit hub position between Europe, Asia, the Middle East and North Africa as well as a Customs Union with the EU. According to a UN report published in January 2025, the country’s economy has grown by 3% in 2024 and is expected to grow by 3.1% in 2025.
Since products made from wires and tubes are needed everywhere, Türkiye is a large market for these industries and their suppliers. Therefore, the market is looking eagerly towards the country and the trade fairs wire Eurasia and Tube Eurasia which will take place in Istanbul from April 9 to 12, 2025.
Wires, cables and other wire products
Wires and cables are indispensable for the transmission of electric power and electronic data. The market research company Euromonitor International found out that Türkiye’s demand for insulated wires and cables reached US$ 4.6 bn in 2023. According to CableFact.com, a portal for cable makers, the Turkish cable industry comprises more than 200 manufacturers with a total workforce of 15,000 employees.The EU is the primary market for their cable exports, accounting for 45% of the total volume. In 2022, the country exported insulated wire worth US$3.7 bn and imported insulated wire worth US$1.3 bn. In 2022, Türkiye exported steel wire worth US$305 mn, making it the second largest steel wire exporter in the world behind China (US$551 mn), and imported steel wire worth nearly US$35 mn. Depending on the steel type, steel wire is used in the construction industry for reinforcing purposes or processed into wire products such as wire ropes, chains, technical springs and fasteners. The professional magazine Fastener Europe notes that Türkiye’s fasteners sector includes about 400 manufacturers with different production capacities and more than 20,000 employees in total. The Turkish fasteners market has a size of around 900,000 tons a year. Domestic manufacturers meet 800,000 tons of it, while 100,000 tons are provided by imports. Furthermore, Turkish producers export 300,000 tons of fasteners to 70 countries.
Tubular goods
Pipes, tubes and hollow profiles are needed for the transmission of water, oil and other liquids, gases, free-flowing substances or as mechanical structures. According to Cebid, the Turkish steel pipe manufacturers association, the country has an annual steel pipe production capacity of 7,5 million tons. With an annual production of 4,8 million tons, Türkiye is the fourth largest steel pipe producer in the world after China, Russia, and South Korea. Offshore wind farm projects in Türkiye are a key driver behind the growth of the Turkish steel pipes and tubes market. Further market drivers are the construction of new pipelines for oil, gas and water, the replacement of aging pipelines, and the infrastructure development. The market research company Lucintel also sees good market opportunities in the water supply and wastewater treatment, HVAC, automotive, and industrial sectors. Also the future of the plastic pipe market looks promising with opportunities in water and wastewater treatment, agriculture, chemical installations, and cable protections. The mentioned industries are expected to further grow, driven by an increasing demand for electricity, the expansion of the infrastructure and urbanization and last but not least the increasing mobility. Electricity and urbanization Türkiye’s electricity consumption is estimated to grow from nearly 348TWh in 2024 to nearly 400TWh in 2030 (Fig. 1). The country is planning to increase the electricity output of renewable energy sources from currently 30GW to 120GW by 2035 through investments of US$80 bn.
With the scaling-up of the power generation capacity, also the transmission grid will require a significant upgrade to carry the additional load and expand the reach of the network. The responsible use of energy is also playing an increasingly important role. Within the framework of the The Second National Energy Efficiency Action Plan, the country plans to invest more than US$20 bn in energy efficiency projects by 2030, targeting huge savings across key sectors such as industry, public and private buildings and public lighting.
By 2026, new public buildings must obtain a green building certification, for example. Further regulations for new buildings include raising the usage of energy from renewable sources from 5% to 10% and upgrading the energy performance certificate standard. The share of urban population in total population has been steadily growing since 2013 (Fig. 2). Outlook In view of challenging market requirements, Turkish manufacturers of wire and tubular products need modern processing equipment to remain competitive. The wire Eurasia and Tube Eurasia trade fairs provide an ideal opportunity for equipment manufacturers to present their products and services while visitors get access to information about the most recent developments.
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