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2022 tinplate industry development trend analysis report

2022 tinplate industry development trend analysis report

2385 Views 0 Liked Posted on: 07/20/2022
By Tin can Best

According to GIR (Global Info Research) research, in terms of revenue, the global tinplate revenue in 2021 is about 152.1 million US dollars, and it is expected to reach 143.1 million US dollars in 2028. From 2022 to 2028, the compound annual growth rate CAGR is 6%. At the same time, the global tinplate sales in 2020 will be about 12 million tons, and it is expected to reach 22 million tons in 2028. In 2021, the market size of China will be about US$1 million, accounting for about 6% of the global market, while the North American and European markets will account for 7% and 6%, respectively, during the same period. In the next few years, the CAGR of China will be 6.2%, while the CAGR of the United States and Europe will be 5.01% and 4.2%, respectively. The Asia-Pacific region will play a more important role. In addition to China, the United States and Europe, Japan, South Korea, India and Southeast Asia will still be impossible. Neglected important markets.

Tinplate material

Major tinplate producers in the global market include Arcelor Mittal, NSSMC, Baosteel, U.S. Steel and JFE, etc. The top four global players will account for about 35% of the market share in terms of revenue in 2021.

In terms of product types, high-quality tinplate occupies an important position, with a market share of 23.34% in 2021 and a market share of 32.17% in 2028. At the same time, in terms of application, the share of canned food in 2028 will be about 36.12%, and the CAGR will be about 4.21% in the next few years.

According to different product types, tinplate is subdivided into:

high quality tinplate

secondary tinplate

other

Depending on the application, this paper focuses on the following areas:

canned food

beverage can

other canned food

bottle cap

other

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Tag: Tinplate material
Posted in: Packaging Industry News

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