Market overview
The global tin market is worth USD 12.6 bn in 2026 and is forecast to reach USD 19.6 bn by 2036, growing at a 4.5% CAGR. China is the largest country market and Solder is the largest by end use segment.
| Scope | Refined tin metal and tin alloys sold to solder, tinplate, chemical and lead-acid battery users, valued at the price paid by consumers of the metal. |
|---|---|
| Industry | Chemicals and Materials |
| Value 2025 | USD 12.2 bn |
| Value 2026 | USD 12.6 bn |
| Value 2036 | USD 19.6 bn |
| CAGR 2026-2036 | 4.5% |
| Volume 2026 | 385,588 tonnes |
| Volume 2036 | 491,230 tonnes |
| Average price 2026 | USD 32,750 per tonne |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Tin market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 12.6 bn |
| 2027 | USD 13.2 bn |
| 2028 | USD 13.8 bn |
| 2029 | USD 14.4 bn |
| 2030 | USD 15.1 bn |
| 2031 | USD 15.7 bn |
| 2032 | USD 16.4 bn |
| 2033 | USD 17.2 bn |
| 2034 | USD 18.0 bn |
| 2035 | USD 18.8 bn |
| 2036 | USD 19.6 bn |
Tin market segmentation
By end use
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Solder | 48.0% | 46.8% | USD 6.1 bn | 4.2% |
| Tinplate | 12.0% | 10.1% | USD 1.5 bn | 2.7% |
| Chemicals | 17.0% | 18.2% | USD 2.1 bn | 5.2% |
| Batteries and electronics | 11.0% | 14.2% | USD 1.4 bn | 7.2% |
| Brass and bronze | 7.0% | 6.2% | USD 884 mn | 3.2% |
| Other | 5.0% | 4.4% | USD 631 mn | 3.2% |
By form
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Refined metal ingots | 58.0% | 56.1% | USD 7.3 bn | 4.2% |
| Solder alloys | 30.0% | 30.5% | USD 3.8 bn | 4.7% |
| Tin chemicals and powders | 12.0% | 13.4% | USD 1.5 bn | 5.7% |
By grade
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Refined 99.9% | 66.0% | 64.0% | USD 8.3 bn | 4.2% |
| High purity 99.99% | 20.0% | 22.0% | USD 2.5 bn | 5.5% |
| Specialty alloys | 14.0% | 14.0% | USD 1.8 bn | 4.5% |
By source
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Primary smelted | 70.0% | 68.0% | USD 8.8 bn | 4.2% |
| Secondary scrap | 24.0% | 25.0% | USD 3.0 bn | 4.9% |
| Tin chemical recovery | 6.0% | 7.0% | USD 758 mn | 6.1% |
By supply channel
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Direct to industry | 50.0% | 48.0% | USD 6.3 bn | 4.1% |
| Distributors | 32.0% | 32.0% | USD 4.0 bn | 4.5% |
| Exchange traded | 18.0% | 20.0% | USD 2.3 bn | 5.6% |
Top 25 countries for tin by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 83.5% of 2026 revenue and the 25 countries below together hold 96.7%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 5.6 bn | 44.0% | USD 9.0 bn | 5.0% |
| 2 | United States | USD 1.0 bn | 8.0% | USD 1.4 bn | 3.4% |
| 3 | Japan | USD 758 mn | 6.0% | USD 961 mn | 2.4% |
| 4 | South Korea | USD 631 mn | 5.0% | USD 882 mn | 3.4% |
| 5 | Germany | USD 505 mn | 4.0% | USD 667 mn | 2.8% |
| 6 | India | USD 505 mn | 4.0% | USD 980 mn | 6.9% |
| 7 | Taiwan | USD 505 mn | 4.0% | USD 706 mn | 3.4% |
| 8 | Vietnam | USD 379 mn | 3.0% | USD 706 mn | 6.4% |
| 9 | Thailand | USD 379 mn | 3.0% | USD 549 mn | 3.8% |
| 10 | Malaysia | USD 316 mn | 2.5% | USD 471 mn | 4.1% |
| 11 | Mexico | USD 288 mn | 2.3% | USD 439 mn | 4.3% |
| 12 | Italy | USD 241 mn | 1.9% | USD 369 mn | 4.3% |
| 13 | Poland | USD 203 mn | 1.6% | USD 310 mn | 4.3% |
| 14 | Netherlands | USD 170 mn | 1.4% | USD 261 mn | 4.3% |
| 15 | Belgium | USD 143 mn | 1.1% | USD 220 mn | 4.4% |
| 16 | Russia | USD 120 mn | 0.9% | USD 184 mn | 4.4% |
| 17 | Brazil | USD 101 mn | 0.8% | USD 155 mn | 4.4% |
| 18 | Indonesia | USD 85 mn | 0.7% | USD 139 mn | 5.1% |
| 19 | Czech Republic | USD 71 mn | 0.6% | USD 110 mn | 4.5% |
| 20 | France | USD 59 mn | 0.5% | USD 92 mn | 4.5% |
| 21 | Canada | USD 51 mn | 0.4% | USD 76 mn | 4.2% |
| 22 | Spain | USD 42 mn | 0.3% | USD 65 mn | 4.5% |
| 23 | Turkey | USD 35 mn | 0.3% | USD 55 mn | 4.5% |
| 24 | Philippines | USD 30 mn | 0.2% | USD 45 mn | 4.1% |
| 25 | Australia | USD 25 mn | 0.2% | USD 39 mn | 4.5% |
| Rest of world | USD 419 mn | 3.3% | USD 696 mn | 5.2% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Yunnan Tin Company
- Minsur
- PT Timah
- Malaysia Smelting Corporation
- Gejiu Zili Metallurgy
Group 2: Regional and specialist players
- Metallo Group
- Thaisarco
- Guangxi China Tin
- PT Refined Bangka Tin
- Empresa Metalurgica Vinto
Group 3: Emerging and niche players
- Alphamin Resources
- Andrada Mining
- Rahman Hydraulic Tin
- PT Mitra Stania Prima
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the tin market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 4.5% is calculated from the resulting values.
The market is divided by end use, by form, by grade, by source, by supply channel. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the tin market?
The global tin market is estimated at USD 12.2 bn in 2025 and USD 12.6 bn in 2026.
How fast will the tin market grow?
It is forecast to reach USD 19.6 bn by 2036, a compound annual growth rate of 4.5% from 2026, an increase of USD 7.0 bn.
Which country is the largest market for tin?
China is the largest market by revenue at USD 5.6 bn in 2026, 44.0% of the global total. The three largest countries together hold 58.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 6.9% a year from 2026 to 2036.
Which tin segment is largest?
In the by end use split, Solder is the largest segment with 48.0% of 2026 revenue.
Who are the leading tin companies?
Global leaders include Yunnan Tin Company, Minsur, PT Timah, Malaysia Smelting Corporation.
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