錫の市場規模、シェア、動向、予測：製品タイプ、用途、最終用途産業、地域別、2025～2033年

2024年の世界の錫市場規模は412.53キロトンとなりました。今後、IMARC Groupは、2033年には458.01キロトンに達し、2025～2033年にかけて1.14%のCAGRを示すと予測しています。現在、アジア太平洋が市場を独占しており、2024年には45.0%を超える大きな市場シェアを占めています。民生用電子機器製品需要の増加、グリーン技術の最近の動向、新興経済諸国における急速なインフラ開発、錫合金研究の最近の進展、革新的リサイクル技術の導入などが錫市場シェアを押し上げている主要因です。

錫市場は、供給、需要、価格を形成する多くの主要促進要因の影響を受けています。その一つがエレクトロニクス産業の需要で、錫ははんだ付け部品に広く利用されています。世界のエレクトロニクス製造の増加、特にアジアにおけるこの需要は、市場の強さを支えています。電気自動車や再生可能エネルギー技術へのシフトも、バッテリーや半導体における錫消費を増加させています。供給の観点からは、インドネシア、中国、ミャンマーといった主要生産国の地政学的安定性が、入手可能性に大きな影響を与えます。鉱山法や環境規制は生産量を制限し、供給逼迫度を高める可能性があります。スクラップからの錫回収の強化が一次情報の救済につながるため、リサイクルのパターンも市場に影響を与えます。インフレ、為替レート、国際貿易体制などのマクロ要因も、投資家の認識と市場のボラティリティを形成します。したがって、錫市場の展望は、産業需要、供給リスク、技術変化、一般的な経済状況の多面的な相互作用によって左右されます。

米国は、外国産重要鉱物への依存度を下げる戦略的努力に牽引され、主要な市場破壊者として際立っています。錫はエレクトロニクス、半導体、電気自動車や再生可能エネルギーなどの新興技術にとって極めて重要であるため、米国は同盟国や国内の供給源を獲得する努力を加速しています。インフレ削減法やその他の施策イニシアチブは、リサイクルと国内鉱物生産を奨励し、世界のサプライチェーンをシフトさせる可能性があります。さらに米国は、電子廃棄物から錫を回収するための最先端リサイクル技術に投資しており、中国やインドネシアなどの支配的な生産国からの輸入への依存を減らしています。貿易摩擦、制裁措置、海外供給業者に対する規制監督もまた、市場力学を変化させ、価格変動や世界の流れの再構築をもたらす可能性があります。米国は、サプライチェーンの回復力と持続可能性を奨励することで、供給を促進すると同時に、今後数年間で世界の錫シナリオを再定義するかもしれない、新たな環境と地政学的ベンチマークを指示します。

錫市場の動向

民生用電子機器製品需要の増加

錫市場を牽引する極めて重要な要因は、コンシューマーエレクトロニクスに対する需要の急増です。錫は、高い導電性と強固な接合性を確保するために、様々な電子部品を結合させる材料であるはんだに広く使用されています。さらに、これらのはんだは、ウェアラブル機器、ノートパソコン、スマートフォンなど、さまざまな民生用電子機器製品に広く利用されています。このほか、技術革新の速度は、新しい革新的な電子機器の開発につながり、はんだの需要をさらに高めています。これらのデバイスは、ますます複雑な回路を採用することが多く、より多くのはんだ、ひいてはより多くの錫を使用する必要があります。さらに、モノのインターネット（IoT）の普及が進むにつれて、接続されたデバイスの必要性が高まっています。電子情報技術省（MeitY）によると、インドのエレクトロニクス市場は2025～26年までに3,000億米ドルに達すると予測されています。その結果、コンシューマーエレクトロニクスの遍在と絶え間ない進化が、堅調で持続的な錫需要を後押ししています。

グリーン技術の最近の進歩

グリーン技術、特に太陽エネルギーと電気自動車（EV）の進歩は、錫市場の重要な促進要因です。これに伴い、錫をベースとしたペロブスカイト太陽電池は、従来型太陽電池に比べて高い効率レベルを提供することが期待されています。さらに、この太陽電池はコスト効率が高く、製造が容易であるため、大規模な再生可能エネルギープロジェクトにとって魅力的な選択肢となっています。これとは別に、錫は、電気自動車（EV）で広く使用されているリチウムイオン電池やエネルギー貯蔵システムに幅広く応用されています。これに加え、政府の支援施策により大衆の間でEVの採用が増加していることも、成長を促す要因となっています。その結果、EVの普及と同時に、バッテリーやエネルギーシステムに不可欠な部品としての錫の需要も高まっています。

新興経済諸国における急速なインフラ開発

工業化と都市化の進展は、錫の需要増加の主要因となっています。錫は、鉄鋼構造物の防錆コーティングに一般的に使用され、建物、橋、パイプラインの長寿命を保証しています。さらに、錫は、住宅や商業施設に使用される電気ケーブルや配線システムに不可欠な部品です。さらに、新興経済国の政府は、スマートシティ、広大な道路網、ユーティリティサービス、アップグレードされた公共交通システムなどのインフラプロジェクトに多額の予算を割り当てています。米国国務省は、米国-ASEANスマートシティパートナーシップ（USASCP）を通じて、都市開発イニシアティブを支援するため、300万米ドルのスマートシティビジネスイノベーション基金2.0（BIF2.0）を立ち上げたと述べています。その結果、耐久性に優れ、効率的で、メンテナンスの手間が少なく、耐用年数の長い錫ベースの材料への要求が高まっています。さらに、このような大規模なプロジェクトが錫の現在の需要を支えており、今後数年でさらに需要が拡大する可能性が高いです。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査の目的
• ステークホルダー
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要産業動向

第5章 世界の錫市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：製品タイプ別

• 金属
• 合金
• 化合物

第7章 市場内訳：用途別

• はんだ付け
• 錫メッキ
• 化学品
• その他

第8章 市場内訳：最終用途産業別

• 自動車
• エレクトロニクス
• 包装（飲食品）
• ガラス
• その他

第9章 市場内訳：地域別

• 北米
  • 米国
  • カナダ
• アジア太平洋
  • 中国
  • 日本
  • インド
  • 韓国
  • オーストラリア
  • インドネシア
  • その他
• 欧州
  • ドイツ
  • フランス
  • 英国
  • イタリア
  • スペイン
  • ロシア
  • その他
• ラテンアメリカ
  • ブラジル
  • メキシコ
  • その他
• 中東・アフリカ
  • 市場内訳：国別

第10章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第13章 価格分析

第14章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • 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

List of Figures

• Figure 1: Global: Tin Market: Major Drivers and Challenges
• Figure 2: Global: Tin Market: Volume Trends (in Kilo Tonnes), 2019-2024
• Figure 3: Global: Tin Market Forecast: Volume Trends (in Kilo Tonnes), 2025-2033
• Figure 4: Global: Tin Market: Value Trends (in Billion USD), 2019-2024
• Figure 5: Global: Tin Market Forecast: Value Trends (in Billion USD), 2025-2033
• Figure 6: Global: Tin Market: Breakup by Product Type (in %), 2024
• Figure 7: Global: Tin Market: Breakup by Application (in %), 2024
• Figure 8: Global: Tin Market: Breakup by End Use Industry (in %), 2024
• Figure 9: Global: Tin Market: Breakup by Region (in %), 2024
• Figure 10: Global: Tin (Metal) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 11: Global: Tin (Metal) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 12: Global: Tin (Alloy) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 13: Global: Tin (Alloy) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 14: Global: Tin (Compounds) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 15: Global: Tin (Compounds) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 16: Global: Tin (Soldering) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 17: Global: Tin (Soldering) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 18: Global: Tin (Tin Plating) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 19: Global: Tin (Tin Plating) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 20: Global: Tin (Chemicals) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 21: Global: Tin (Chemicals) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 22: Global: Tin (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 23: Global: Tin (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 24: Global: Tin (Automotive) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 25: Global: Tin (Automotive) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 26: Global: Tin (Electronics) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 27: Global: Tin (Electronics) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 28: Global: Tin (Packaging (Food and Beverages)) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 29: Global: Tin (Packaging (Food and Beverages)) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 30: Global: Tin (Glass) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 31: Global: Tin (Glass) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 32: Global: Tin (Other End Use Industries) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 33: Global: Tin (Other End Use Industries) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 34: North America: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 35: North America: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 36: United States: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 37: United States: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 38: Canada: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 39: Canada: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 40: Asia-Pacific: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 41: Asia-Pacific: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 42: China: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 43: China: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 44: Japan: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 45: Japan: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 46: India: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 47: India: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 48: South Korea: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 49: South Korea: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 50: Australia: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 51: Australia: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 52: Indonesia: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 53: Indonesia: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 54: Others: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 55: Others: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 56: Europe: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 57: Europe: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 58: Germany: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 59: Germany: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 60: France: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 61: France: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 62: United Kingdom: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 63: United Kingdom: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 64: Italy: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 65: Italy: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 66: Spain: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 67: Spain: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 68: Russia: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 69: Russia: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 70: Others: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 71: Others: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 72: Latin America: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 73: Latin America: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 74: Brazil: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 75: Brazil: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 76: Mexico: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 77: Mexico: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 78: Others: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 79: Others: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 80: Middle East and Africa: Tin Market: Sales Value (in Million USD), 2019 & 2024
• Figure 81: Middle East and Africa: Tin Market: Breakup by Country (in %), 2024
• Figure 82: Middle East and Africa: Tin Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 83: Global: Tin Industry: SWOT Analysis
• Figure 84: Global: Tin Industry: Value Chain Analysis
• Figure 85: Global: Tin Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Tin Market: Key Industry Highlights, 2024 and 2033
• Table 2: Global: Tin Market Forecast: Breakup by Product Type (in Million USD), 2025-2033
• Table 3: Global: Tin Market Forecast: Breakup by Application (in Million USD), 2025-2033
• Table 4: Global: Tin Market Forecast: Breakup by End Use Industry (in Million USD), 2025-2033
• Table 5: Global: Tin Market Forecast: Breakup by Region (in Million USD), 2025-2033
• Table 6: Global: Tin Market: Competitive Structure
• Table 7: Global: Tin Market: Key Players

The global tin market size was valued at 412.53 Kilo Tonnes in 2024. Looking forward, IMARC Group estimates the market to reach 458.01 Kilo Tonnes by 2033, exhibiting a CAGR of 1.14% during 2025-2033. Asia-Pacific currently dominates the market, holding a significant market share of over 45.0% in 2024. The increasing product demand in the consumer electronics, recent advancements in green technologies, rapid infrastructural development in emerging economies, recent advancements in tin alloy research, and introduction of innovative recycling technologies, are some of the major factors propelling the tin market share.

The tin market is influenced by a number of primary drivers that shape supply, demand, and prices. One such driver is electronics industry demand, where tin is widely utilized in soldering components. As global electronics manufacturing increases, especially in Asia, this demand underpins market strength. The shift toward electric vehicles and renewable energy technologies also increases tin consumption in batteries and semiconductors. From the supply perspective, geopolitical stability of key producing nations such as Indonesia, China, and Myanmar play a major role in affecting availability. Mine laws and environmental regulations can restrict output, upping tightness in supply. Recycling patterns also have an influence on the market because enhanced recovery of tin from scrap material can provide relief for primary sources. Macro factors including inflation, exchange rates, and international trade regimes also shape investor perception and market volatility. Hence, the tin market outlook is influenced by a multifaceted interplay of industrial demand, supply risks, technological change, and general economic conditions.

The United States stands out as a key market disruptor, driven by strategic efforts to decrease dependence on foreign critical minerals. Since tin is crucial for electronics, semiconductors, and emerging technologies such as electric vehicles and renewable energy, the U.S. is accelerating efforts to acquire allied and domestic sources. The Inflation Reduction Act and other policy initiatives incentivize recycling and domestic mineral production and could shift global supply chains. In addition, the U.S. is investing in cutting-edge recycling technologies to recover tin from electronic waste, decreasing reliance on imports from dominant producers such as China and Indonesia. Trade tensions, sanctions, and regulatory oversight of foreign suppliers can also change market dynamics, resulting in price volatility and reconfigured global flows. By encouraging supply chain resilience and sustainability, the U.S. drives supply while also dictating new environmental and geopolitical benchmarks that may redefine the global tin scenario in the years to come.

Tin Market Trends:

Increasing product demand in consumer electronics

The burgeoning demand for consumer electronics is a pivotal factor in driving the tin market. Tin is extensively used in solders, a material that binds together various electronic components to ensure high electrical conductivity and strong joints. Furthermore, these solders are widely utilized in various consumer electronics, such as wearable devices, laptops, and smartphones. Besides this, the rate of technological innovation, leading to the development of new and innovative electronic devices, is further compounding solder demand. These devices often employ increasingly complex circuits, necessitating the use of more solder and, by extension, more tin. Additionally, the increasing proliferation of the Internet of Things (IoT) is facilitating the need for connected devices, all of which require electronic components soldered together. According to the Ministry of Electronics and Information Technology (MeitY), India's electronics market is projected to reach USD 300 Billion by 2025-26. As a result, the omnipresence and continuous evolution of consumer electronics are fueling a robust and sustained tin demand.

Recent advancements in green technologies

The advancement in green technologies, particularly in solar energy and electric vehicles (EVs), is a significant driver in the tin market. In line with this, tin-based perovskite solar cells have shown promise in providing higher efficiency levels compared to traditional solar cells. Furthermore, these cells are cost-effective and easier to manufacture, making them an attractive option for large-scale renewable energy projects. Apart from this, tin finds extensive applications in lithium-ion batteries and energy storage systems that are widely used in electric vehicles (EVs). Along with this, the increasing adoption of EVs among the masses owing to supportive governmental policies is acting as another growth-inducing factor. As a result, the widespread adoption of EVs is concurrently escalating the demand for tin as an essential component in their batteries and energy systems.

Rapid infrastructural development in emerging economies

Rising industrialization and urbanization are key drivers in the increasing demand for tin. It is commonly used in anti-corrosive coatings for steel structures, thus ensuring the longevity of buildings, bridges, and pipelines. Additionally, tin is an integral part of electrical cables and wiring systems used in both residential and commercial setups. Furthermore, governments in emerging economies are allocating substantial budgets for infrastructural projects, which include smart cities, expansive road networks, utility services, and upgraded public transport systems. The U.S. Department of State states that through its U.S.-ASEAN Smart Cities Partnership (USASCP), it has launched the USD 3 Million Smart Cities Business Innovation Fund 2.0 (BIF 2.0) to support urban development initiatives. This results in the augmented requirement for tin-based materials that are durable, efficient, require low maintenance, and offer long service life. Moreover, these large-scale projects sustain the current demand for tin and are also likely to propel it further in the upcoming years.

Tin Industry Segmentation:

Analysis by Product Type:

• Metal
• Alloy
• Compounds

Tin metal is long-lasting and resistant to various environmental factors, including corrosion, which makes it an ideal choice for a variety of applications. Furthermore, it is a good conductor of heat and electricity. This characteristic property makes it indispensable in the electronics and energy sectors. Besides this, the ability of tin metal to be molded into various shapes and forms or drawn into wires is acting as another growth-inducing factor.

Tin alloys exhibit improved mechanical strength, corrosion resistance, and thermal stability compared to pure tin. These enhanced properties make them suitable for various industrial applications. Furthermore, they can be tailored to possess specific attributes, such as high tensile strength or electrical conductivity, by altering their compositional elements. Apart from this, tin alloys can be engineered to be compatible with other materials, allowing them to be used in composite structures and multi-material assemblies.

Analysis by Application:

• Soldering
• Tin Plating
• Chemicals
• Others

Soldering leads the market with around 53.2% of market share in 2024. Tin is widely used for soldering components onto circuit boards due to its relatively low melting point, which allows it to create strong bonds without damaging sensitive electronic components. Additionally, tin-based solder joints are known for their reliability and durability. They provide good electrical conductivity and can withstand thermal cycling and mechanical stress, making them suitable for electronic devices that are subject to various environmental conditions. Besides this, the imposition of strict regulations, which restrict the use of certain hazardous materials in electronics, including lead, is facilitating the demand for tin-based solders. Moreover, they are used extensively in the automotive industry for soldering electrical components and wiring harnesses. As a result, the significant growth in the electronics and automotive industries is boosting the demand for tin-based solder.

Analysis by End Use Industry:

• Automotive
• Electronics
• Packaging (Food and Beverages)
• Glass
• Others

Tin is widely used in automobiles to ensure reliable electrical connections in various automotive systems, including engine control units, airbag sensors, and entertainment systems. In addition, tin-based lead-free solders are used for joining various components in modern vehicles, ensuring safety and compliance with environmental standards. Furthermore, tin-plated steel is extensively used in various automotive components, such as fasteners, exhaust systems, and fuel lines, to provide corrosion resistance and enhance the longevity of parts.

Tin is extensively utilized to make metal cans and containers for various food and beverage (F&B) products, such as canned vegetables, fruits, meats, and beverages. Moreover, tinplate cans are popular due to their excellent sealing properties, corrosion resistance, and ability to protect the contents from light and air, ensuring a longer shelf life. Additionally, tin-based materials are used to make lids and caps for glass jars and bottles, which are commonly used for packaging various products, including jams, sauces, pickles, wines, and spirits.

Regional Analysis:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

In 2024, Asia-Pacific accounted for the largest market share of over 45.0%. The Asia Pacific region has abundant tin reserves and well-established mining operations. Furthermore, several countries in the region have well-developed processing facilities for tin. These facilities are essential for refining tin ore into usable forms, such as tin metal and tin alloys. Besides this, the Asia Pacific region hosts some of the world's largest electronics and manufacturing industries. Tin is a crucial component in soldering materials, which are used in the production of electronic devices like smartphones and computers. Additionally, several Asian countries serve as important trading hubs for tin. They play a significant role in the global tin supply chain by handling the trading and distribution of tin products. Moreover, the imposition of supportive policies by the regional governments encouraging the expansion of the tin industry is propelling the market growth.

Key Regional Takeaways:

United States Tin Market Analysis

In 2024, the United States accounted for over 85.40% of the tin market in North America. The United States tin market is experiencing steady growth, driven by increasing demand from key industries such as electronics, packaging, and automotive. The electronics sector remains a major consumer due to the widespread use of tin in soldering applications. Additionally, the expansion of renewable energy projects has led to a rising need for tin-based materials in battery production. The growing adoption of electric vehicles is further supporting market expansion. As reported by the U.S. Energy Information Administration, the total U.S. sales for hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEVs) rose from 17.8% of the overall new light-duty vehicle (LDV) sales in the first quarter of 2024 to 18.7% in the second quarter of 2024. This rising trend in electric mobility has fueled demand for tin-based components in battery technology and electronics. The recycling sector also plays a crucial role in ensuring a stable supply. With a focus on sustainability and advanced manufacturing, the demand for refined tin products continues to rise. Trade dynamics and supply chain strategies influence market trends, with domestic production and imports shaping the availability of raw materials. The increasing application of tin in emerging technologies further strengthens market growth.

Europe Tin Market Analysis

The Europe tin market is witnessing consistent demand across various industrial applications, particularly in electronics, food packaging, and automotive manufacturing. The shift toward eco-friendly packaging has contributed to increased usage in the food and beverage sector. Additionally, the growing adoption of electric vehicles has boosted the demand for tin-based components. Innovation in advanced materials and alloys enhances product performance, driving market growth. The presence of well-established recycling systems supports sustainable tin usage. These initiatives promote circular economy practices, further strengthening tin recycling efforts. Market trends are influenced by supply chain strategies and trade policies, ensuring a stable supply of refined tin. Continuous investment in research and development supports technological advancements, enhances product efficiency, and expands industrial applications.

Asia Pacific Tin Market Analysis

The Asia Pacific tin market is expanding rapidly due to strong industrialization and technological advancements. The electronics sector remains a key driver, with rising production of semiconductors and circuit boards requiring tin-based soldering materials. The growth of renewable energy projects, particularly in battery technology, further increases demand. As reported by the Ministry of New and Renewable Energy, India's overall installed capacity for renewable energy increased by 24.2 GW (13.5%) within a year, achieving 203.18 GW in October 2024, up from 178.98 GW in October 2023. This expansion highlights the increasing adoption of renewable energy, boosting the demand for tin-based components in battery storage and solar panel applications. Packaging and automotive sectors also contribute significantly to market expansion. Investments in refining and recycling infrastructure enhance the availability of raw materials. Increasing industrial applications, combined with evolving manufacturing capabilities, drive sustained market growth.

Latin America Tin Market Analysis

The Latin America tin market is gaining momentum due to rising demand from the electronics, packaging, food and beverages, and automotive industries. Recycling initiatives are also gaining traction to ensure a stable supply of refined tin. Market dynamics are shaped by trade activities and industrial developments, with growing investments in technological advancements further supporting demand. According to the International Trade Administration, the Brazilian Association of the Auto Parts Industry (Sindipecas) increased its forecast of investments in the industry from two percent to five percent, reaching approximately USD 1.25 Billion for 2024. Such rise in investment is expected to drive further demand for tin-based materials in automotive manufacturing. Expanding applications in emerging industries contribute to the market's positive trajectory, reinforcing the region's growing reliance on tin across various sectors.

Middle East and Africa Tin Market Analysis

The Middle East and Africa tin market is growing due to industrial applications, sustainable materials, and increased investments in expansion. Supply chain developments and trade activities maintain market stability and ensure tin availability. Additionally, the expansion of the electric vehicle sector is expected to further drive tin demand, particularly in battery technology and electronic components. Saudi Public Investment Fund (PIF) and Foxconn plan to launch Ceer, a Saudi-branded electric vehicle company, with its first cars set to be sold in 2026. Ceer is expected to accelerate development and contribute USD 8 Billion to Saudi Arabia's GDP by 2034. As the region continues to invest in advanced manufacturing and sustainable initiatives, the demand for tin-based products is expected to rise, supporting long-term market growth.

Competitive Landscape:

Major players are concentrating on searching for new tin deposits and increasing their mining operations to provide a steady supply of tin ore. In addition to this, they are utilizing improved technology and processes to enhance the efficiency of mining, lower costs, and decrease environmental effects. Apart from this, large producers are investing in processing and refining plants to produce tin from ore and high-grade tin products. Also, major players are adopting sustainable measures, investing in cleaner technologies, and following environmental regulations to reduce their environmental impact. Further, they are diversifying their product lines by creating new tin-based alloys or products specific to certain industries. This approach enables them to gain a larger market share and respond to changing customer needs. In addition to this, businesses are broadening their market bases by venturing into new export markets and forging good relationships with global customers.

The report provides a comprehensive analysis of the competitive landscape in the tin market with detailed profiles of all major companies, including:

• 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

Key Questions Answered in This Report

• 1.How big is the tin market?
• 2.2. What is the future outlook of tin market?
• 3.What are the key factors driving the tin market?
• 4.Which region accounts for the largest tin market share?
• 5.Which are the leading companies in the global tin market?

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 Market Forecast
• 6.2 Alloy
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Compounds
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast

7 Market Breakup by Application

• 7.1 Soldering
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Tin Plating
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Chemicals
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Others
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast

8 Market Breakup by End Use Industry

• 8.1 Automotive
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Electronics
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Packaging (Food and Beverages)
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Glass
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Others
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 ArcelorMittal S.A
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
    • 14.3.1.3 Financials
    • 14.3.1.4 SWOT Analysis
  • 14.3.2 Aurubis Beerse nv
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
  • 14.3.3 Avalon Advanced Materials Inc.
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
    • 14.3.3.3 Financials
  • 14.3.4 DuPont de Nemours Inc.
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
    • 14.3.4.3 Financials
    • 14.3.4.4 SWOT Analysis
  • 14.3.5 Indium Corporation
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
  • 14.3.6 Malaysia Smelting Corporation Berhad
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
    • 14.3.6.3 Financials
  • 14.3.7 Minsur
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
    • 14.3.7.3 Financials
  • 14.3.8 PT. Timah Tbk (PT Indonesia Asahan Aluminium)
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
    • 14.3.8.3 Financials
  • 14.3.9 Thailand Smelting and Refining Co. Ltd.
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
  • 14.3.10 Yunnan Tin Group (Holding) Company Limited
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio