DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global Tin Market – Segmented by Applications, End-user Industry, and Geography – Trends and Forecasts (2015-2020)” report to their offering.
The global tin market has been in a deficit for about six out of past ten years. The consumption and production gaps in the market usually have been limited to approximately 4% of the total market. However, it has been anticipated by the world organizations that global tin market may witness a year on year growth of about 1.7% in the coming years.
Tin, owing to its corrosion resistance properties, and low-toxic nature, is becoming an integral part of various commercial and industrial sectors. In the Global Tin market report, we have taken the following major applications into consideration: Solder, Tin Plating, Specialized Alloys, Float Glass, Canned Food and Beverages, PVC Stabilizer, and Others.
This market is driven by a number of factors, such as steady growth in the electronics demand, especially in Asia-Pacific countries such as India and China, and growing demand for canned food and beverages. However, this market faces certain drawbacks, such as increasing usage of aluminium as a substitute for tin, miniaturization of electronic products, and supply glut because of the declining demand from China. The aforementioned factors may act as a roadblock to the growth of the market.
Companies Mentioned
– ArcelorMittal USA Inc.
– Avalon Rare Metals
– EM Vinto
– Gejiu Zi-Li
– Guangxi China Tin
– Liuzhou China Tin Group Co. Ltd.
– Malaysia Smelting Corp.
– Metallo Chimique
– Minsur SA
– PT Timah
– Thailand Smelting and Refining Co. Ltd.
– Yunnan Chengfeng Non-Ferrous Metals Co. Ltd.
– Yunnan Tin Co. Ltd.
For more information visit http://www.researchandmarkets.com/research/q35c3t/global_tin_market
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