What Setaş does

Setaş Kimya Sanayi ve Ticaret A.Ş. is a privately held Turkish specialty chemical company founded in 1966 in Tekirdağ, operating as an integrated producer of dyes, auxiliaries, and performance chemicals for textile, paper, metal, and plastic industries. The company runs a diversified multi-vertical portfolio under distinct brands: Setaş Color Center for textile dyes (disperse, reactive, acid, acrylic, pigments), textile auxiliaries, paper dyes, and optical brighteners; Setacoat for electrostatic powder coatings for aluminum, architectural, and industrial metal finishing; Masterset for color and functional masterbatch serving polyester, polyamide, and polypropylene fibers and plastics; and Setaş Digital for nanotechnology-based water-based digital printing inks. The company also operates Setaş Resin, an ISO 9001/14001/45001-certified basic research laboratory, a Color Center for collaborative color management with brands, and an e-learning platform distributed via mobile apps.

Setaş produces across three main production hubs in Tekirdağ (Kapaklı headquarters and Çerkezköy complex) and Gaziantep, with aggregate annual capacity of approximately 57,000 tons of dyes and chemicals at the Color Center, 6,000 tons of powder coatings, 10,000 tons of masterbatch, and 100 tons per month of digital inks. The company exports to over 40 countries across Europe, Asia, and 5 continents through regional sales offices in Istanbul, Bursa, Denizli, and Adana, regional distribution depots, and a B2B e-commerce storefront (setasonline.com.tr). Revenue is generated through one-time product sales of chemicals, dyes, coatings, and masterbatch, supplemented by technical services (color management, laboratory testing, R&D collaboration) and e-learning content. No public pricing, revenue figures, or contract structures are disclosed; customer segments are predominantly enterprise dyehouses, textile brands and retailers, aluminum extruders, and fiber/yarn producers.

The company's defensibility rests on an unusually dense compliance stack (bluesign, GOTS, ZDHC, REACH, KKDIK, QUALICOAT, SA 8000, TURQUALITY, UN Global Compact, ETAD) and proprietary chemistry including nano-particle pigments (Dyefast), PFC-free water repellents (Setapret PFF), and the Denimse 3S denim finishing system. The Technology Centre, established 2012 with 50+ dedicated R&D staff, was ranked 21st nationally and 3rd in the chemical sector in Turkey's 2017 R&D Performance Index. Setaş operates with no disclosed parent company, no external funding rounds, and a headcount in the 101–250 band, indicating a self-funded, founder/family-controlled growth model spanning nearly six decades.

Name

Setaş

Legal name

Setaş Kimya Sanayi ve Ticaret A.Ş.

Website

https://setas.com.tr

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

101–250 employees

Short description

Setaş is a privately held Turkish specialty chemical company founded in 1966, producing dyes, auxiliaries, masterbatch, powder coatings, and digital inks for textile, paper, metal, and plastic industries, exporting to over 40 countries across five continents.

Ownership category

akta.pro rank

Product category

Specialty Chemicals and Industrial Dyes

NAICS

Synthetic Dye and Pigment Manufacturing (32513), Printing Ink Manufacturing (325910), Paint and Coating Manufacturing (325510)

SIC

Industrial Organic Chemicals (2860), Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851)

akta.pro primary industry

Textile, Leather & Paper Specialty Chemicals (IMAEABAM)

akta.pro secondary industry

Dyeing, Printing & Finishing (Chemical & Mechanical) (CRAAAMAJ)

Keywords

• Textile dyes chemicals
• Masterbatch production
• Powder coating solutions
• Paper chemicals manufacturing
• Digital printing inks

Headquarters

HQ city

Çerkezköy

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Chemical Products Sales: Manufacturing and sale of textile dyes (disperse, reactive, acid, acrylic, pigments), textile auxiliaries, paper dyes and chemicals, optical brighteners, digital printing inks, and denim chemicals. Revenue generated from product sales to textile, paper, metal, and plastic industries.
2. Metal Coatings (Setacoat): Electrostatic powder coating production and sales under Setacoat brand for aluminum exterior systems, kitchen systems, automotive, lighting, and other industrial applications.
3. Masterbatch Products: Color and functional masterbatch production under Masterset brand for fiber, yarn (PES, PA6, PP), textile, carpet, packaging, automotive textile, sheet, and telecommunications industries.
4. Technical Services: Color management services, R&D collaboration, testing laboratory services, and e-learning platform access provided to customers and business partners.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Setaş manufactures and sells dyes, pigments, and specialty chemicals for textile (disperse, reactive, acid, acrylic dyes), paper, metal (electrostatic powder coatings under Setacoat brand), and fiber/plastic (masterbatch under Masterset brand) industries. The company also produces digital printing inks, optical brighteners, textile auxiliaries, denim finishing chemicals, and offers color management, R&D, and laboratory services from production facilities in Turkey.

Product overview

Setaş is a chemical company founded in 1966 specializing in coloration technologies, offering a diversified portfolio of products and services across multiple industries. The company's core offerings include: (1) Textile dyes and auxiliaries covering disperse dyes, reactive dyes, acrylic dyes, acid dyes, and pigments for all textile fiber types; (2) Printing dyes and auxiliaries including screen printing and digital printing solutions; (3) Digital inks under the Setapers® (LS, HS, HVA, EC, XHF, Chromojet), Setactive® RK, and Pigmaset® brands for sublimation, disperse, reactive, and pigment digital printing; (4) Paper dyes and auxiliaries for packaging, writing, and cleaning paper sectors; (5) Optical brighteners for polyester, cellulosic, polyamide, wool, and acrylic fibers; (6) Denim dyes and auxiliaries including the Denimse 3S 2020 sustainable finishing system and Dyefast nano particle pigments; (7) Masterbatch products under Masterset® brand for fibers, packaging, automotive, and telecommunications; (8) Electrostatic powder coatings under Setacoat® brand for metal industries; (9) Supporting services including Color Center color management, R&D center, testing laboratory, and e-learning platforms. The company operates through multiple divisions including Setaş Color Center, Setacoat® for metal coatings, and Masterset® for masterbatch products, with production facilities in Turkey and representation across 5 continents.

Differentiator

Problem solved

Functional benefit

Brands

• Masterset: Masterbatch brand for fiber and plastics industries
• Setacoat
• Setaş Digital
• Setazol
• Setapers
• Setalan
• Setafor
• Setaflam
• Denimse
• Setapret
• Setapolymer
• Dyefast
• Setactive

Products and services

• Setaş Digital (Digital Printing Inks) Water-based digital printing inks developed with nanotechnology suitable for different applications on various fabric types, including sublimation, disperse, reactive, and pigment ink lines for textile digital printing.
• Masterset Masterbatch Products Color and functional masterbatch products for fiber, yarn (PES, PA6, PP), textile, carpet, packaging, automotive textile, sheet, and telecommunications industries.
• Setacoat Electrostatic Powder Coatings Electrostatic powder coatings including epoxy, PES, and hybrid formulations for aluminum exterior systems, kitchen systems, automotive, lighting, and other industrial metal applications.
• Textile Dyes (Disperse, Reactive, Acid, Acrylic, Pigments) Complete range of textile dyes including disperse dyes, reactive dyes, acid dyes, acrylic dyes, and pigments for cotton, polyester, polyamide, and other textile fibers.
• Paper Dyes and Chemicals

Quantifiable outcome

• 40% water and energy savings with Setazol Black M-MS high-fixation reactive dye
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• ZDHC Foundation - Roadmap to Zero ProgrammecoreStrategic or Co-development Partner · 1 July 2020ZDHC (Zero Discharge Hazardous Chemicals) brings together brands, manufacturers, and chemical suppliers to reduce hazardous chemicals. Setaş joined to support sustainable chemistry and transparent collaboration with over 30 leading brands driving industry change.
• T.C. Ministry of Economy - TURQUALITY ProgramcoreStrategic or Co-development Partner · 28 July 2017TURQUALITY is an accreditation system by the Turkish Ministry of Economy for strengthening companies to international benchmarks. Setaş was accepted as the first and only local manufacturer of dyes and chemicals. The program supports patent expenses, certification, employment, promotion, advertising, marketing, and consultancy.
• United Nations Global CompactcoreStrategic or Co-development Partner · 6 September 2016UNGC is the world's largest sustainability initiative covering 8000 companies in 160 countries. Setaş committed to the 10 principles in human rights, labor standards, environment, and anti-corruption as part of its strategy, culture, and daily operations.
• Bluesign Technologies AGcoreTechnology or Integration · 1 July 2013Bluesign is a sustainability standard for textile industry covering chemical suppliers, manufacturers, and brands. Setaş became a system partner as a producer of textile dyes and chemicals. Products are listed in Bluefinder database at Level 3 on ZDHC Gateway.
• ETAD (Association of Ecology and Toxicology of Dyes and Pigments)minorStrategic or Co-development Partner · 1 January 2003ETAD supports Responsible Care principles for sustainable growth of dyes and pigment industry. Setaş became member in 2003 and hosted the annual meeting in 2005 in Istanbul. Setaş is the only Turkish ETAD member among 31 global manufacturer members.
• Ministry of Science, Industry and Technology - R&D Center ProgramcoreStrategic or Co-development PartnerSetaş received R&D Center Certificate from the state, found eligible for program supported by Industry and Technology Ministry. Ranked 3rd out of 13 chemical sector R&D centers and 21st out of 144 overall R&D centers nationally in 2017 Performance Index reports.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/setaskimya
• Facebookfacebook.com/SetasKimya
• LinkedInlinkedin.com/company/seta-kimya-san-a---

Compliance16 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Setaş