Diverse Applications and Unique Demand: Top Tinplate Manufacturers of 2024 Meeting the Requirements for Numerous Industries

Tinplate is a cold-rolled, lightweight, and low-carbon steel plate, which coated with pure tin on both the sides. Tinplate is a combination of both formability and strength and comes with corrosion resistance, luster, and solderability. Tinplate is mainly used in various industries, such as automotive, metal packaging, and construction. The increasing usage and rising demand for tinplate from various industries is expected to boost the market expansion globally.

Tinplate can be produced in different number of sizes and shapes that meet a large range of unique demand from different industries. It has been theoretically possible to merge all the steel properties with any other steel coating after the manufacturing of subsequent tin coating and steel base.

According to Fortune Business Insights™, the global market for tinplate could be worth USD 40.23 billion by 2032, recording a CAGR of 3.3% over 2024-2032. The market was valued at USD 30.07 billion in 2023 and is set to hit USD 31.0 billion in 2024.

Fortune Business Insights™ Presents The Top 10 Tinplate Manufacturers

1. ArcelorMittal S.A. 

The multinational steel production company ArcelorMittal is founded on the basis of the takeover of the Arcelor by Mittal Steel. The corporation provides steel cords, bead wire, and hose wire for tire application. The total workforce of the company is 154,352 employees and generated a revenue of USD 79.84 billion in 2022. The company has manufacturing facilities in 16 nations across Europe, North America, and South America, along with 37 additional mini-mill steel-making facilities. The company offer steel products to industries, including power generation, oil & gas, chemicals & petrochemicals, renewable energy, and construction & infrastructure.

2. Nippon Steel Corporation

Nippon Steel Corporation is a company based in Tokyo, Japan that design, produce, and market highly engineered products. The main aim of the company is to become a global leader in steel business, and it also offers zinc alloy steel sheets, aluminum, galvanized steel sheets, and galvalume steel sheets. The company operates in four business areas, namely chemicals and steel fabrication business, engineering and construction business, chemicals and materials business, and system solutions business.  In 2022, the company has generated a revenue of USD 60.67 billion and have a strength of 106,528 employees.

3. JFE Steel Corporation

JFE Steel Corporation is a leading producers of steel and some of the top tinplate manufacturers/producers is based in Tokyo, Japan. The company manufactures stainless and specialty steels, along with sheets, plates, bars, wire rods, iron powders, and pipes & tubes. The company has a total strength of 44,469 people and has generated USD 40.07 billion in 2022. The company is present in India, Egypt, Pakistan, China, Singapore, Thailand, and several other countries globally with both sales offices and construction sites.

4. ThyssenKrupp AG 

ThyssenKrupp AG is a multinational conglomerate company and was established because of the merger of Krupp AG and Thyssen AG in Germany. The company is operating in different industries, including defense, automotive, materials, elevators, industrial solutions, and components technology. In 2022 the company generated a revenue of USD 39.53 billion and have an employee strength of 99,981 people.

5. United States Steel Corporation

The United States Steel Corporation, which is also known as the U.S. Steel, is a U.S.-based steel manufacturer, which is headquartered in Pittsburg, Pennsylvania. The company operates in five major business areas, including Mini Mill, Flat Rolled, USSE, Tubular, and others. The company has an employee strength of 22,740 people and has generated a revenue of USD 21.07 billion in 2022. The company offers a high-value-added steel products to different industries, including construction, automotive, energy, appliance, packaging, and containers.

6. Ton Yi Industrial Corporation

Ton Yi Industrial Corp. is a Taiwan-based company, which specializes in the manufacturing and distribution of plastic and tinplate packaging products. The company delivers a large range of products, including till mill black plates (TMBPs), tinplate, cold rolled plates, color printed tinplate, polyethene terephthalate (PET) bottle tops, blown bottles, empty cans, and preforms. The company recorded a revenue of USD 1.43 billion in 2022 and has a strong production capacity and has operations in China and several other regions.

7. Tata Tinplate

Tata Tinplate, also known as Tinplate Company of India Limited (TCIL), is a Tata Steel subsidiary and top tinplate manufacturers producing tinplate products in India. The company offers a large range of tinplate products, such as packaging for food and beverage, pharmaceuticals, and oil and lubricants. Tata Tinplate has a strong presence in the Indian market and also exports its products to different countries globally. Tata Tinplate has its headquarters in Kolkata, India and has generated a revenue of USD 0.48 billion in 2022.

8. JSW Steel Limited

JSW Steel is one of the leading steel manufacturers in India and it operates as a subsidiary of the JSW Group. The company is headquartered in Mumbai and has a capacity of producing 27.7 million tons of domestic crude steel annually. The product portfolio of the company includes cold-rolled, hot-rolled, and coated products, along steel pipes and steel plates. The company also operates in different renewable energy sectors, including solar and wind energy products spread across the nation. In 2022, a revenue of USD 20.31 billion was generated by the company and has an employee strength of 12,856 employees.

9. TCC Steel

TCC Steel Corp. is a leading producer of surface-treated cold-rolled steel products, based in Pohang and founded in 1959 under the name Dongyang Tinplate. The company has collected a revenue of USD 0.36 billion in 2021 and had a growth rate of 29.8% than the year 2020. The products of the company are used for different purposes like beverage pipes, aerosol pipes, food pipes, electronic products, and general pipes.

10. Toyo Kohan Co., Ltd. 

Toyo Kohan Co., Ltd. is a Japan-based company specialized in the manufacturing and sale of packaging materials, including tin-free steel, laminated steel sheets, and tinplate. The company was founded in 1934 and has its global headquarters in Tokyo, Japan. The company has its subsidiaries in regions, including Europe, Asia, and the U.S. The products of Toyo Kohan are used in different industries, such as electronics, food and beverage, and construction.

Future Opportunities For Top Tinplate Manufacturers

There are a lot of opportunities available for the tinplate producers in the industry because of the growing awareness regarding environmental challenges like global warning and climate change, which is shifting consumer preference toward eco-friendly and sustainable packaging.