Press release
Tin Market Size Analysis, Drot, Pest, Porter's, Region & Country Forecast Till 2030
Reports and Data estimates the global Tin competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2030 as the forecast period. The report offers CAGR and market size for the global Tin during the forecast period.The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Boliden Group, ITRI, PT Timah Tbk, Yunnan Tin Company Limited, and Minsur S.A.
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Tin Overview :-
The tin market is expected to register a revenue CAGR of 4.6% between 2022 to 2030. Increasing demand for tin from the electronics industry and growing use of tin in the electronics industry are major factors driving market growth. In addition, growth of the packaged foods industry due to changing lifestyle, potential application of tin in solar power generation, and continuous advancement in consumer electronics leading to increasing consumer spending for ownership of newer electronic devices are factors driving revenue growth of the market.
Tin is a soft, pliable, and silvery-white metal that poses both malleability and ductility characteristics. It is mainly derived from the mineral cassiterite, which contains about 80% of tin, which is widely used in manufacturing of electronic products such as printed circuit boards and integrated circuits. Tin, along with other metals, is used in numerous automotive applications including fuel tanks, sealants, wiring, radiator, seat cushions, seams and welds, fasteners, screws, nuts, bolts, roofing. In addition, rising demand for consumer electronics, such as laptops, smartphones, and tablets, is driving growth of the tin market. Moreover, another factor driving market growth is stringent environmental regulations, which is encouraging the use of lead-free solders.
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For the purpose of this report Reports and Data has segmented global Tin market on the basis of type, application, and region:
Type Outlook (Revenue, USD Million; 2019-2030)
• Ingots
• Slabs
• Shots
• Others
Application Outlook (Revenue, USD Million; 2019-2030)
• Soldering Alloys
• Bronze Alloys
• Tin Chemicals
• Other Applications
End-use Industry (Outlook (Revenue, USD Million; 2019-2030)
• Consumer electronics
• Automotive
• Construction
• Packaging
• Others
Key Regional Markets Covered in the Report:
• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
• What is the expected year-on-year growth of the Tin during the forecast period?
• What key trends are expected influence revenue growth of the market going ahead?
• Which region is expected to account for largest revenue share over the forecast period?
• Which key companies are profiled in the report?
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