The global tin market size reached 406.8 Kilo Tonnes in 2023. Looking forward, IMARC Group expects the market to reach 460.1 Kilo Tonnes by 2032, exhibiting a growth rate (CAGR) of 1.2% during 2024-2032.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Tin Market: Global
Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-
2032," the global tin market size reached 406.8 Kilo Tonnes in 2023.
Tin is a soft, pliable, and silvery-white post-transition metal belonging to the
carbon family of elements on the periodic table. It is produced from the mineral
cassiterite through smelting and then purified using boiling, liquation, or
electrolytic methods. Tin is widely used in alloys, solders, automotive parts,
babbitt bearings, dental amalgams, aerospace metals, plating, coatings, and
polishings.
It is also used to produce glass, plastics, pesticides, paints, wood
preservatives, and rodent repellants. Tin exhibits high corrosion resistance,
low toxicity levels, ductility, and malleability. Besides this, it is impervious to
oxygen and water at room temperatures and has a low roughness factor.
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market/requestsample
4. Report Description
Global Tin Market Trends:
The increasing product utilization in the electrical and electronics industries is one of the key factors driving the
market growth. Tin is widely used in alloy form with lead or indium to produce solders for manufacturing heat-
sensitive components due to its low melting point and high magnetic strength. Furthermore, the rising demand for
tin in the automotive industry for decorative and protective coating and manufacturing bearings, cylinder blocks,
axles, crankshafts, brake drums, and transmission components is providing a considerable boost to the market
growth. Additionally, emerging trends of recycling tin products, such as cans, scraps, and residue, to reduce
carbon emissions, improve resource productivity and waste disposal, and save energy are creating a positive
outlook for the market growth.
Moreover, rising product utilization to manufacture tinplate used for producing cans for food, drinks, fuel, oil,
paints, and chemicals is providing an impetus to the market growth. Apart from this, widespread product adoption
for creating arts and designs, such as sculptures, plaques, hanging ornaments, busts, badges, and vases, due to
their affordability, availability, lightweight, and malleability, is favoring the market growth. Other factors, including
rapid electrification of vehicles, expanding food and beverage (F&B) industry, and increasing product adoption in
dental applications, are anticipated to drive the market growth.
Looking forward, the market is expected to reach 460.1 Kilo Tonnes by 2032, exhibiting a CAGR of 1.2%
during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/tin-market
5. Report
Segmentation
Breakup by Product Type:
• Metal
• Alloy
• Compounds
Breakup by Application:
• Soldering
• Tin Plating
• Chemicals
• Others
Breakup by End Use Industry:
• Automotive
• Electronics
6. Report
Segmentation
• Packaging (Food and Beverages)
• Glass
• Others
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
7. Competitive
Landscape with
Key Players
• ArcelorMittal S.A
• Aurubis Beerse nv
• Avalon Advanced Materials Inc.
• DuPont de Nemours Inc.
• Indium Corporation
• Malaysia Smelting Corporation Berhad
• Minsur
• PT. Timah Tbk (PT Indonesia Asahan
Aluminium)
• Thailand Smelting and Refining Co. Ltd.
• Yunnan Tin Group (Holding) Company Limited
8. Key Questions
Answered in
the Report
What was the size of the global tin market in 2023?
What is the expected growth rate of the global tin market
during 2024-2032?
What has been the impact of COVID-19 on the global tin
market?
What are the key factors driving the global tin market?
What is the breakup of the global tin market based on the
application?
What are the key regions in the global tin market?
Who are the key players/companies in the global tin market?
9. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Tin Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Metal
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 Alloy
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 Compounds
6.3.1 Mark et Trends
6.3.2 Mark et Forecast
7 Market Breakup by Application
10. Table of
Contents
7.1 Soldering
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 Tin Plating
7.2.1 Market Trends
7.2.2 Mark et Forecast
7.3 Chemicals
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
7.4 Others
7.4.1 Mark et Trends
7.4.2 Mark et Forecast
8 Market Breakup by End Use Industry
8.1 Automotive
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Electronics
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Packaging (Food and Beverages)
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
8.4 Glass
8.4.1 Mark et Trends
8.4.2 Mark et Forecast
8.5 Others
8.5.1 Mark et Trends
8.5.2 Mark et Forecast
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