LONDON–(BUSINESS WIRE)–Technavio has announced the top five leading vendors in their recent global tin market 2015-2019 report. This research report also lists numerous prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
The major proportion of tin in the world is produced by small-scale companies and artisanal miners. There is harmony among these producers and the major companies that lend a helping hand to these small groups of producers for their formalization and development.
China, Indonesia, and other South-east Asian countries are home to most of the large producers of tin. The market is dominated by players that have a strong foothold in these regions and also have an organized export network. The major players dominating the market are Malaysia Smelting Corp., Minsur, PT Timah, Thaisarco, and Yunnan Tin China. Yunnan Tin is the largest producer of tin in the global market and has a wide portfolio of products ranging from tin powders to granules.
“A major cause of concern is the ability of these companies to meet the global demand due to the shutting down of mines in various pockets of the world. Political conflicts, depleting deposits, and other factors such as environmental regulations and trade limitations have become barriers preventing the producers of tin from meeting the global demand to a large extent,” says Chandrakumar Badala Jaganathan, lead research analyst at Technavio for metals and minerals.
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Malaysia Smelting was established in 1887 and is headquartered in Kuala Lumpur, Malaysia. The company designs, manufactures, and markets a wide range of metal and tin-based products.
The company is one of the largest tin smelters worldwide. Its manufacturing facilities are ISO: 9002 certified. The company is involved in tin smelting with more than 85% of its current feed concentrated on medium-tin-grade concentrates, and its complex tin-bearing raw materials are resourced from around 20 countries worldwide.
Malaysia Smelting focuses on the marketing of tin products in various parts of Malaysia. In addition, the company also focuses on providing a regular and reliable supply of refined tin through contracts and agreements.
Minsur was founded in 1977 and is headquartered in Lima, Peru. The company engages in the mining and processing of mineral deposits in Peru. It has three mining units in Peru: San Rafael Mining Unit, Smelter Plant and Refinery in Pisco, and Pucamarca Mining Unit.
The company engages in the manufacturing and marketing of tin which is a versatile and nontoxic metal used in green technologies and also helps in reducing pollution. Some of the key applications of tin are electronic solders, industrial solders, tinplate, chemicals, brass and bronze, float glass, and other applications. The company manufactures tin with 99.94% tin and 0.02% lead. The company manufactures tin meeting standards such as ISO 9001, ISO 14001, and OHSAS 18001.
PT TIMAH was established in 1976 and is headquartered in Bangka, Indonesia. The company engages in mining, industry, trading, transportation, and other mining-related services.
PT TIMAH is involved in the mining, exploration, and marketing of tin products such as banka tin, mentok tin, banka low-lead tin, kundur tin, tin alloy, and tin solders. It also engages in the manufacturing and marketing of tin stabilizer, which is used as a heat stabilizer in PVC processing technology.
Thaisarco was established in 1963 and is headquartered in Bangkok, Thailand. The company engages in the mining, exploration, and marketing of a wide range of tin, tin alloys, and tin-related products in Thailand. The company operates as a subsidiary of Amalgamated Metal.
Thaisarco engages in the mining and manufacturing of regular tin metal, low-lead tin with 50 or 100 ppm Pb, high-purity 4N, 4N5, and 5N tin, tin shots, tin-lead solder, and lead-free solders. The company offers its products under the brand name Thaisarco and PHUKET and its products meet the requirement of BS EN 610:1996 specifications. The company offers its tin products through Thaisarco Trading.
Yunnan Tin Company Group
The Yunnan Tin Company Group was founded in 1883 and is headquartered in Yunnan, China. It manufactures and produces metal tin. The company serves the metals, minerals, and materials sector by offering a wide variety of products.
Some of the products that Yunnan tin produces with respect to tin market are tin-lead wire solder, lead-free tin-based solder, spherical tin-lead powder solder, special tin-lead solder and tin ingot.
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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