The purpose of the report is to illustrate the state of the market of Tin, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Tin is a flexible metal, which does not get easily oxidized. It is formed from mineral cassiterite in the form of tin oxide. The production as well as consumption gaps is controlled nearly to 4% of the total market. Expanding consumer electronics industry and food & beverage industry are the key driving factors for the growth of global tin market. The overall packaged food industry is growing due to changing food habits, thereby leading the demand for related packaging materials. With the substantially growing consumption of packaged food in developing economies, the overall tin market too is expected to witness promising growth in the following years. Apart from food & beverages, the major share of revenue comes from the consumer electronics industry. Soldering is the most crucial application of tin across the semiconductor & electronics industry. Soldering contributes almost 51% of revenue share in the overall tin market. Thus, consistently growing electronics industry worldwide would further escalate the tin market growth. Nevertheless, the most significant barrier faced by the global tin market is the sinking levels of tin ore in tin mines across the world.
Some of the major companies operating in the market include Empresa Metalúrgica Vinto S.A, Gejiu Zili Mining and Smelting Co., Ltd., Guangxi China Tin Group, Malaysia Smelting Corporation, Metallo-Chimique International N.V., Minsur S.A., PT Timah (Persero) Tbk, Thailand Smelting and Refining Co., Ltd. (Thaisarco), Yunnan Chengfeng Non-ferrous Metals Co., Ltd., and Yunnan Tin Group Company Limited.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Tin buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Tin contains:
Analysis and forecast of Tin market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Tin market;
Assessment and forecast of Tin market development;
Financial and business profiles of the leading companies in the Tin industry.
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– Up to date working Tin data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Tin for the period 2018 to 2026
– Planned Tin additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Tin projects by region, key countries, and companies
– Details of major planned Tin projects in the world up to 2026
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