Tinplate Market

Tinplate Market

Category : Chemical & Industrial Material Reports | Delivery Format : PDF,PPT | Publisher: Reports and Insights | Pages : 245

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Tinplate Market Overview

The report is titled as ‘Tinplate Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Tinplate market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market.

The tinplate market is estimated to reach at a value of US$ 178.5 Bn by the end of 2022 and expected to reach at a value of US$ 202.2 Bn by 2030 with a significant CAGR of 1.7%.

Tinplate Introduction

Tinplate can be perceived as a slim steel film sheathed by tin. It possesses an exceptionally appealing metallic luster as well as splendid attributes in corrosion solderability, resistance, and weldability. Tinplate is basically formed by hot rolling and cold rolling of steel strips, eliminating rust by soaking it in acid and then covering it with tin in an electrolytic procedure. The primary usage of tinplate is in the making of tin cans in which foods and various other products are stored and packaged, as well as for the manufacture of household utensils of different types.

Tinplate offers first-class properties for usage in a wide scale of applications, including general cans, soft drink and beer cans, screw caps and crown caps, electrical components, oil filter components, wire-shielding material. The procedure of making tinplate is also known as tinning. Tinplate has turned out to be one of the most preferred packaging materials, for both food products such as beverages, edible oil, as well as for non-food packaging applications such as aerosols, paints, battery jackets and chemicals amongst others. Owing to such a broad range of applications, the tinplate market is projected to rise significantly over the years.

Tinplate Market Segmentation

The tinplate market is segmented on the basis of product type, thickness, grade, end-use application, and region.

By Product Type

Single Reduced

Double Reduced

By Thickness

>0.20 mm

20 mm-0.30 mm

30 mm – 0.40 mm

<0.40 mm

By Grade

Prime Grade

Secondary Grade

Others

By End-Use Application

Food & Beverage Packaging

Non-Food Packaging

Paints

Aerosols

Battery Jackets

Chemicals

Others

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

Tinplate Market Key Players

Some of the key participating players in tinplate market are:

Tata Tinplate GPT Steel Industries Ltd.

ArcelorMittal

Nippon Steel Corporation

United States Steel

JFE Steel Corporation

thyssenkrupp Steel

TCC Group companies

POSCO

Ton Yi Industrial Corp.

Massilly Holding SAS

Berlin Metals

Toyo Kohan Co., Ltd.

Titan Steel

Baosteel Co. Ltd.

Tianjin Jiyu Steel Co., Ltd.

Sino East Steel Enterprise Co., Ltd.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product developments and launches

Tinplate Adoption Rate, by End-Use Application

Top Companies Historical Growth Rate

Pricing Impact

Impact of Regulations

Advantages of Tinplate

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.


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