Tin - Global Strategic Business Report

The global market for Tin was sized at 395.0 Thousand Tons in 2024 and is projected to reach 481.9 Thousand Tons by 2030, growing at a CAGR of 3.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Tin market.

Global Tin Market - Key Trends and Drivers Summarized

Tin is a soft, silvery-white metal that is not easily oxidized in air and resists corrosion from water. It is used mainly in alloys, with the most common application being in solder, particularly for joining pipes and electronic circuits. Tin is also a component in the manufacturing of glass as it allows glass to be blown or pressed into elaborate shapes by making it softer and more ductile. Additionally, tin compounds are used in the production of ceramics and plastics as stabilizers. The primary growth driver for tin currently is its critical role in the electronics industry, especially due to its use in solders. The global electronics market continues to expand rapidly, driven by advancements in technology and an increasing demand for consumer electronics such as smartphones, laptops, and other digital devices. As these devices become more complex and integrated, the requirement for reliable soldering materials increases, thus pushing up the demand for tin. Moreover, the shift towards lead-free solders due to environmental concerns has further propelled the use of tin as a primary component in these solders, underlining its importance in sustainable manufacturing practices.

Another major trend influencing the tin market is the growth in the renewable energy sector, particularly in solar energy. Tin is utilized in the production of transparent conductive oxides used in photovoltaic (PV) solar cells. As countries and companies invest more in renewable sources to achieve carbon neutrality, the demand for materials involved in solar panel production is expected to rise, thereby boosting the market for tin. Furthermore, the development of energy storage systems, including batteries where tin is used as an anode material, highlights another avenue of growth, driven by the global push towards energy efficiency and storage solutions.

The recycling of tin is emerging as a significant trend due to growing environmental awareness and technological advancements in recycling processes. Recycling not only provides a secondary stream of tin, reducing the reliance on mined ore but also aligns with global efforts towards sustainability. The increased efficiency of recycling processes helps in maintaining a stable supply chain for tin, which is crucial as demand grows. These recycling practices, combined with stringent environmental regulations, are likely to influence the tin market positively by promoting sustainable and responsible usage and production.

Report Scope

The report analyzes the Tin market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.

Segments: Application (Soldering, Chemicals, Tin Plating, Specialized Alloys, Lead Acid Batteries, Other Applications).

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Soldering segment, which is expected to reach 240.2 Thousand Tons by 2030 with a CAGR of a 3.9%. The Chemicals segment is also set to grow at 3.3% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, sized at 105.7 Thousand Tons in 2024, and China, forecasted to grow at an impressive 4.8% CAGR to reach 94.2 Thousand Tons by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Tin Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Tin Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Tin Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as ArcelorMittal USA, Ball Corporation, Baosteel Group Corporation, Belmont Metals, Inc., JFE Steel Corporation and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 248 companies featured in this Tin market report include:

• ArcelorMittal USA
• Ball Corporation
• Baosteel Group Corporation
• Belmont Metals, Inc.
• JFE Steel Corporation
• Malaysia Smelting Corporation Berhad
• Metallo-Chimique N.V.
• Paranapanema SA
• PT TIMAH Tbk
• Steel Authority of India Ltd. (SAIL)
• Thailand Smelting and Refining Co., Ltd. (Thaisarco)
• Yunnan Chengfeng Nonferrous Metals Co., Ltd.
• Yunnan Tin Company Group Limited

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What’s Included in This Edition:

• Tariff-adjusted market forecasts by region and segment
• Analysis of cost and supply chain implications by sourcing and trade exposure
• Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

• Finalized tariff impacts and new trade agreement effects
• Updated projections reflecting global sourcing and cost shifts
• Expanded country-specific coverage across the industry