Turkey Became Europe's New Address in Precision Casting

Turkey Became Europe's New Address in Precision Weaving
Turkey Became Europe's New Address in Precision Casting

Tacettin İleri, Chairman of the Board of Directors of Makim Makina Teknolojileri Sanayi Ticaret AŞ, one of Turkey's leading companies in the field of precision casting, pointed out that with China being subject to commercial restrictions, European companies accelerated their search for suppliers, especially from Turkey, and that this situation was reflected in an increase in orders. expressed.

Precision casting, which is an advanced casting method for the production of parts used in the manufacturing industry, continues to grow in the world and in Turkey in the sectoral sense. Tacettin İleri, Chairman of the Board of Directors of Makim Makina Teknolojileri Sanayi Ticaret AŞ, one of the leading companies in the precision casting industry, pointed out that European companies accelerated their search for suppliers, especially from Turkey, with China being subject to commercial restrictions, and gave the following information on this subject:

“Due to this development in the world trade wars, the precision casting industry in Turkey has come to an advantageous position. As in the casting industry in general, companies in Europe have started to supply from investment casting companies in Turkey and Eastern Europe as an alternative to their purchases from China. This resulted in an increase in orders. In order to maintain this momentum in a healthy way and to develop the sector rapidly, emphasis should be placed on the production of high value-added and high technology parts. In particular, the production for the medical and defense industries should increase”.

Emphasizing that the investment casting industry has a capacity problem to meet this demand with the increasing demand, İleri said, “There may be delays in deliveries from time to time. This shows the potential of the sector to increase capacity in Turkey," he said.

Turkey is the 2nd largest producer in Europe

The investment casting industry provides services to all areas of production, primarily machinery, aviation, defense industry, automotive, chemical industry, medical, automation, food and electricity industry. Precision casting produces mainly for the machinery, defense, aviation, medical, automotive, energy and food sectors in Turkey. According to the Union of Chambers and Commodity Exchanges of Turkey (TOBB) Casting Industry Sector Assembly-2020 Investment Casting Report and the Turkish Casting Industrialists' Association (TÜDÖKSAD) sector report for 2021, the investment casting production, which was 2016 million tons in 1.8, will reach 2023 million tons in 2.43. is expected to reach. In the research reports, the market size of the sector in 2020 is in the range of 22-24 billion dollars. With an annual growth rate forecast in the range of 5 to 3.6 percent for the next 5.7-year period, the market size of the sector for 2026 is expected to reach 25-27 billion dollars.

Published by the American Foundry Association (AFS) in January 2021; According to the 2019th World Casting Production statistics covering the year 54, Turkey has risen two steps with a total production of 2 million 314 thousand 215 tons, becoming the 9th largest casting producer in the world and the 2nd largest casting producer in Europe, surpassing Italy.

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