Tin Market Analysis by Application and Key Vendors During 2015 - 2019 Forecast Period
PUNE, INDIA, October 25, 2016 /EINPresswire.com/ -- Tin Market
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Market research analyst predicts the global tin market to grow at a moderate rate of around 2% during the forecast period. The increase in the lead acid battery usage is driving the growth of the market. Government regulations, especially in China, have forced the manufacturers to replace antimony and cadmium by tin to alter the grid alloy composition in lead acid batteries. The growth of the automotive industry is also contributing to the market growth of tin globally.
The depleting reserves globally is expected to deter the market growth during the forecast period. The average amount of tin present in the ores recovered from the major mining sites has been declining due to the depletion of richer deposits. Indonesia, China, and Peru, which have been the leading producers of tin, have been witnessing the reduction of tin deposits in the reserves.
Segmentation by application and analysis of the tin market
• Solder
• Tinplate
• Chemicals
• Brass and bronze
• Glass
Solder accounted for 51% of the global tin usage market during 2014. The research report estimates this segment to grow at a moderate rate of 2% during the forecast period. Solder is used in the electronics industry to fabricate circuitry of various equipment that have intricate electronic components embedded in a circuit board.
Geographical segmentation and analysis of the global tin market
• Americas
• APAC
• Europe
• ROW
APAC accounted for the around 75% of the market share during 2014 and is expected to lead the global market during the forecast period, growing at a rate of around 2%. The electronics industry's strong presence in Japan and China is driving the growth of the market in this region. India is predicted to be an upcoming market during the forecast period.
Competitive landscape and key vendors
Most of the large producers of tin are based out of 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. Political conflicts and environmental regulations and trade limitations have resulted in developing barriers for the producers of tin in meeting the global demand to a great extent.
The key vendors in the market are –
• Malaysia Smelting
• Minsur
• PT Timah
• Thaisarco
• Yunnan Tin China
Other prominent vendors in the market include A&M Group, Empresa Metalurgica Vinto, Kasbah Resources, Metallo Chimique, and Yunnan Chengfeng Non Ferrous Metals.
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Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available.
Contact Us:
Norah Trent
+1 646 845 9349 / +44 208 133 9349
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Read Sample Report @ https://www.wiseguyreports.com/sample-request/241983-global-tin-market-2015-2019-one
Market research analyst predicts the global tin market to grow at a moderate rate of around 2% during the forecast period. The increase in the lead acid battery usage is driving the growth of the market. Government regulations, especially in China, have forced the manufacturers to replace antimony and cadmium by tin to alter the grid alloy composition in lead acid batteries. The growth of the automotive industry is also contributing to the market growth of tin globally.
The depleting reserves globally is expected to deter the market growth during the forecast period. The average amount of tin present in the ores recovered from the major mining sites has been declining due to the depletion of richer deposits. Indonesia, China, and Peru, which have been the leading producers of tin, have been witnessing the reduction of tin deposits in the reserves.
Segmentation by application and analysis of the tin market
• Solder
• Tinplate
• Chemicals
• Brass and bronze
• Glass
Solder accounted for 51% of the global tin usage market during 2014. The research report estimates this segment to grow at a moderate rate of 2% during the forecast period. Solder is used in the electronics industry to fabricate circuitry of various equipment that have intricate electronic components embedded in a circuit board.
Geographical segmentation and analysis of the global tin market
• Americas
• APAC
• Europe
• ROW
APAC accounted for the around 75% of the market share during 2014 and is expected to lead the global market during the forecast period, growing at a rate of around 2%. The electronics industry's strong presence in Japan and China is driving the growth of the market in this region. India is predicted to be an upcoming market during the forecast period.
Competitive landscape and key vendors
Most of the large producers of tin are based out of 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. Political conflicts and environmental regulations and trade limitations have resulted in developing barriers for the producers of tin in meeting the global demand to a great extent.
The key vendors in the market are –
• Malaysia Smelting
• Minsur
• PT Timah
• Thaisarco
• Yunnan Tin China
Other prominent vendors in the market include A&M Group, Empresa Metalurgica Vinto, Kasbah Resources, Metallo Chimique, and Yunnan Chengfeng Non Ferrous Metals.
Access Report @ https://www.wiseguyreports.com/reports/241983-global-tin-market-2015-2019-one
For more information or any query mail at sales@wiseguyreports.com
About Us
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available.
Contact Us:
Norah Trent
+1 646 845 9349 / +44 208 133 9349
Follow on LinkedIn: https://www.linkedin.com/company/wise-guy-research-consultants-pvt-ltd-?trk=biz-companies-cym
Norah Trent
wiseguyreports
+1 646 845 9349 / +44 208 133 9349
email us here