Turkey continuesto rise as one of the world's growing, stronger economies and also continues to rise at the same speed in the paint industry. The Turkish paint industry's total annual production capacity is 850,000 tons/year, and it has approximately a 2% share of the world paint market, with 65% of this capacity. Turkey, which competes with Russia in the regional market, is today the 6th largest paint manufacturer in Europe. According to data from the year 2011, Turkey ranks third in European decorative paint sales.
Inthe Turkish market, per capita coatings consumption is 11 kg/head (population 78.8 million). The coatings market segments (by tonnage) are: 58% decorative coatings (494,000 metric tons), 12% industrial wood coatings (102,000 metric tons), 11% general industrial finishes (93,000 metric tons), 6% transportation coatings, 4% powder coatings (34,000 metric tons), 5% printing inks (43,000 metric tons), 2% marine coatings (for 17,000 metric tons) and 2% other coatings (17,000 metric tons). Wood coatings represent the second largest market share with 12%.