Tinplate Market Size
The Global Tinplate Market is expected to grow at a high CAGR during the forecasting period (2023-2030).
Tinplate contains sheets of steel with a tin coating. It is made by hot rolling and cold rolling of steel strip; removing rust by pickling it in acid and then coating with tin in an electrolytic process. Tinplate is characterized by a wide range of properties, including excellent formability & stability, excellent corrosion resistance, excellent solderability & weldability, beautiful metallic lustre, and good paintability & printability.

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Tinplate Market Trends
Ban on single-use plastics as a form of packaging
Plastic is one of the most widely used materials in the packaging industry. Still, growing awareness for eco-friendly packaging is making manufacturers and customers switch to more sustainable packaging materials. This has promoted tinplate usage for packaging, and it has become popular due to its durability and eco-friendly nature. The main driver of usage of tinplate is its recyclable and reusable property that promotes eco-friendly packaging. With the ban on single-use plastics as a form of packaging, it seems likely that the consumption pattern of packaging goes back to the basics and starts using metal again.

Tinplate Market Segment Analysis
The double-reduced segment is predicted to hold a prominent share in the global market of tinplate.
The tinplate market, by type, has been segmented into single reduced and double reduced. By type, the market is estimated to be dominated by the double reduced segment in 2020 and is also projected to grow at a higher CAGR. By the technique of double reduction, large quantities of relatively strong tinplate are now developed worldwide. It is possible to manufacture thinner and stronger tinplate, making more effective use of materials in can-making.

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Key Players:-
The major global players include Jungheinrich AG, Toyota Material Handling, Bradshaw Electric Vehicles Polaris Industries, Inc., Hyster-Yale Group, Inc., Linde Material Handling, Motrec International Inc., The Raymond Corporation, JBT, and Godrej Mater The global tinplate market is highly competitive with existing players in the market. Key players are adopting strategies such as investing in R&D, new product launches, expansion in distribution channels to stand out as strong competitors in the market. Tata Tinplate, GPT Steel Industries, JSW, ArcelorMittal, and NIPPON STEEL CORPORATION are significant players.

Recent Developments:
• In July 2019, JSW invested close to ₹1,000 crores at its Tarapur unit in Maharashtra to roll out JSW Platina, a premium tinplate, to tap the growing demand local packaging industry.
• In July 2018, The Tinplate Company of India Limited (TCIL) launched PAXEL, India's first branded tin-can, through its first Service and Solution Partner (SSP), Yash Packaging, located at Kandla, Gujarat.

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