Global Low Alpha Tin Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Low Alpha Tin Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The Alpha value specifically refers to the radioactivity of metal alpha particles. Low alpha tin can operate at temperatures significantly above 540°C (1000°F). Low alpha tin alloys with high interstitial content have better strength, hardness, and transformation temperature than high purity alloys. Since alpha tin has higher creep resistance than tin, it is suitable for high-temperature applications.

Market Overview:

The latest research study on the global Low Alpha Tin market finds that the global Low Alpha Tin market reached a value of USD 107.38 million in 2022. It’s expected that the market will achieve USD 189.96 million by 2028, exhibiting a CAGR of 9.97% during the forecast period.

The global market has a large demand for semiconductor chips, which is driving the development of the Low Alpha Tin industry

In the global market, the semiconductor chip market demand is growing. Semiconductor chips are the basic building blocks of digital and digitized products. From smartphones and cars to critical applications and infrastructure in healthcare, energy, mobility, communications, and industrial automation, chips are at the heart of the modern digital economy. Since the pandemic began in early 2020, regions around the world have been facing enormous supply challenges and chip shortages. As digital transformation accelerates and permeates every aspect of society, a scarcity of chips can disrupt industrial production and economic development across all sectors, with potentially serious social consequences. Therefore, in the global market, some countries have continuously introduced favorable policies to support the development of the semiconductor industry in recent years. For example, the Chips and Science Act in the United States mentions a $52.7 billion investment in the semiconductor industry to encourage the manufacture of semiconductor chips. In addition, with global technological progress and the industrial application of 5G technology, artificial intelligence, new energy vehicles and other technologies, the global semiconductor chip market is expected to continue to grow.
Radioactive alpha particles in semiconductor packaging materials can cause data errors in storage units and cause soft errors, which eventually lead to operational failures of mobile phones, tablets, servers, game consoles, and other terminal devices. As the dimensions of semiconductors continue to decrease and functional requirements continue to increase, the susceptibility of chips to soft errors continues to increase. In order to effectively solve this problem, designers of semiconductor packaging materials need materials with low alpha (alpha) particle emissions. Therefore, semiconductor chips have a large demand for Low Alpha Tin, which is driving the development of the Low Alpha Tin industry.

Region Overview:

In 2022, the share of the Low Alpha Tin market in North America stood at 29.39%.

Company Overview:

JX Nippon Mining & Metals is one of the major players operating in the Low Alpha Tin market, holding a share of 27.28% in 2023.

JX Nippon Mining & Metals develops, mines, smelts, refines, and sells non-ferrous metals such as copper, gold, and silver. JX Nippon Mining & Metals also manufactures and sells copper foil, semiconductor materials, precision rolled copper, copper alloy products, and special steel products.

Honeywell is an American multinational group company. Honeywell mainly conducts business in four business areas, aerospace, construction technology, performance materials and technology, and safety and productivity solutions.

Founded in 1871, Mitsubishi Materials is a Japanese company mainly engaged in the processing and manufacturing of non-ferrous metals and their products. Mitsubishi Materials is an industry-leading brand widely recognized for its innovative leadership in technology, superior quality and diverse product offerings.

Segmentation Overview:

4N
Purity reaches 99.99%.

5N

Purity reaches 99.999%.

Others

There are other types of Low Alpha Tin; such as 6N, Purity reaches 99.9999%.

Application Overview:

Solder Feedstock
Low Alpha Tin can be used as solder feedstock; solder feedstock is used to make solder microspheres and solder paste. Solder is commonly used in semiconductor device packaging and many other electronic applications. While traditional solders are primarily made of lead, more recent lead-free solders use tin and other metals as their main components.

Plating Anodes

Low Alpha Tin can be used for plating. The plating anode can be composed of tin, such as low alpha tin.

Plating Solution Materials

Low Alpha ray electroplating solution has the characteristics of high-speed electroplating, and Low Alpha Tin can be used as plating solution material.

Key Companies in the global Low Alpha Tin market covered in Chapter 3:

Teck Resources
JX Nippon Mining & Metals
Honeywell
Mitsubishi Materials
CSC Pure Technologies
DUKSAN Hi-Metal

In Chapter 4 and Chapter 14.2, on the basis of types, the Low Alpha Tin market from 2018 to 2029 is primarily split into:

4N
5N
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Low Alpha Tin market from 2018 to 2029 covers:

Solder Feedstock
Plating Anodes
Plating Solution Materials

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)