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Rise in Demand from Food & Beverage Industry Expected to Drive World Tinplate Market over the Forecast Period: Ken Research
November 2019

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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.

For More Information, click on the link below:

Global Tinplate Market         

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Ken Research                                   

Ankur Gupta, Head Marketing & Communications

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