Long associated with humble cans, tin is quietly becoming one of the most critical technology metals of our time. Propelled by the twin engines of decarbonization and digital advancements, the global market for tin is undergoing a radical transformation. According to industry analysis, demand for this forgotten metal is projected to double between 2020 and 2040¹.

The silver market is currently in the spotlight, with the price of the metal recently trading above $48/oz in early October 2025. This price movement occurs alongside a long-term, fundamental trend in the market: a growing supply shortage.

The global silver market is no longer defined by its historical roles in coinage or photography. A fundamental transformation has occurred, cementing a new foundation for demand built on technology and green energy. This isn't just a shift; it's a structural realignment where industrial applications have become the market's primary, non-negotiable driver.

The global silver market is currently in the midst of a multi-year structural deficit, where total demand is consistently outpacing supply. According to the data presented in the Silver Survey 2025, published by the Silver Institute, this market imbalance has been a defining feature since 2021 and is projected to continue through 2025.

Tin, often called the "glue" of the electronics industry due to its critical role in solder, is poised for a significant demand surge in the coming years. While traditionally used in tinplate for packaging and chemicals, its future is increasingly tied to the rapid advancements shaping our modern world. Projections indicate a substantial rise in global tin consumption by 2030, driven by a confluence of technological megatrends.

The global silver market is experiencing a notable shift, driven largely by surging industrial demand—particularly from the green energy and electronics sectors. According to the report, total silver demand is expected to reach 1.148 billion ounces this year, while supply is forecast at just 1.030 billion ounces. This shortfall marks the fifth consecutive year of market deficit.