The volumetric sales in the global tin market expected to surpass 400 thousand metric tonnes in 2019, says Technavio

Renewable energy


This research report presents a comprehensive segmentation of the tin market by application (solder, tinplate, chemicals, brass and bronze, and glass) and by geography (Americas, APAC, Europe, and ROW). The leading companies in the market are Malaysia Smelting Corporation, Minsur, PT Timah, Thaisarco and Yunnan Tin China.

Technavio’s market research analysts estimate the global tin market to grow at a moderate CAGR of around 2% between 2015 and 2019.  The increase in the lead acid battery application is driving the growth of the market. APAC dominates the global tin market, accounting for around 75% of the market share. The strong presence of electronics industry in Japan and China is driving the growth of the market in this region.

The new market research report from Technavio provides a breakdown and analysis of the tin segments by technology.

“Of late, the tin manufacturers are focusing on newer tin smelting technologies, owing to the increasing demand for tin. They are trying to extract tin from non-conventional ores and different types of tin concentrates, through automated control systems and advance techniques of pollution control. A newer method, tin fuming and volatilisation technology has gained prominence in the metallurgical testing sites.

Solder is the major user of tin, accounting for 51% of the global tin usage market. It is used in the electronics industry to fabricate circuitry of various equipment that have intricate electronic components embedded in a circuit board. Moreover, the miniaturization of electronic components is increasing the use of solders. The volumetric consumption of tin for the manufacture of solders is expected to reach 206 thousand metric tonnes in 2019.

Application based market share in 2019

Source: Technavio Research

The leading vendors in the global tin market include Malaysia Smelting Corporation, Minsur, PT Timah, Thaisarco and Yunnan Tin China. Most of the large producers of tin are located in China, Indonesia, and other Southeast Asian countries. The market is dominated by vendors who have a strong base in these countries with an organized export network.

A more detailed analysis is available in the Technavio report Global Tin Market 2015 – 2019.

We can customize reports by other regions and specific segments upon request.

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