Tinplate comprises of sheets of steel and
coated with a thin layer of tin. It is commonly used for the production of
metal cans, which serves food-service industry and others. It is also used to
prevent rust. The process of forming tinplate is also known as tinning. Various
corrosion processes happen to tinplate such as erosion corrosion, pitting
corrosion and filliform corrosion.
The key features are good mechanical
properties, excellent barrier and high moisture resistance.
According to study, “World
Tinplate Market Research Report 2024(Covering USA, Europe, China,
Japan, SEA and India)” the key companies operating in the world tinplate market
are Arcelor Mittal, Thyen Krupp, NMC, TCIL (TATA Steel), JFE Steel, Berlin
Metal, POSCO, Toyo Kohan Co. Ltd., Tonyi, U.S. Steel, Ohio Coatings Company,
TCC Steel, NSSMC, Mailly, Baosteel, Titan Steel, Hebei Iron and Steel,
Guangnan, Tianjin Jiyu Steel, Tinplate Company of India Ltd., CPMC Holdings
Limited (COFCO Group), Nippon Steel & Sumitomo Metal Corp., WISCO, Sino
East. Key manufacturers are taking initiatives for the production of
eco-friendly cans to expand the recyclability rate.
Based on type, tinplate market is segmented
into 1 piece tinplate, 2 piece tinplate and 3 piece tinplate. Based on grade
type, market is segmented into prime grade tinplate, secondary grade tinplate
and others. Based on cans type, market is segmented into conetop cans, paint
cans, aerosol cans, monotop cans, oblong/f-style cans, edible oil cans and
others. Based on capacity of cans type, market is segmented into <350 ml,
350-500 ml, 500-1000 ml, 1000-2000 ml, 2000-5000 ml and >5000 ml. Based on
application, market is segmented into food cans, beverage cans, bottle cap and
others. In addition, based on end-user, market is segmented into electronics,
packaging, pharmaceutical industry, engineering, construction and others.
Pharmaceutical industry holds major share in market owing to its high corrosion
resistant properties. Packaging segment is expected to witness higher growth
rate due to increase in demand of packaged food in developing countries over
the forecast period.
The tinplate market is driven by rise in
demand from food & beverage industry, followed by growth in use from
pharmaceutical industry, increase in demand for chemical-free canned foods,
rise in number of superstores & grocery stores, widespread promotional
activities & research developments, growth in number of smaller households,
rise in need for processed foods, increase in government initiatives and rise
in disposable income & change in life style. However, fluctuating price of
the raw material may impact the market. Moreover, increase in health awareness
regarding use of non-carcinogenic packaging materials is a key opportunity for
market.
Based on geography, China country holds major
share in tinplate market owing to large consumption of food & beverages,
hectic and busy lifestyles of consumers and increase in population in the
country. Europe and USA are expected to witness higher growth rate due to
presence of large number of manufacturers, increase in demand for both
alcoholic and non-alcoholic beverages among consumers and increase in
consumers’ concern towards the natural environment increases over the forecast
period. It is anticipated that the market will be reached at rapid pace on
account of rise in demand for lightweight packing and ability to preserve the
freshness & quality of food for a long time during the forecast period.
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