Uploaded on Feb 4, 2021
Solder Material Market
Solder Material Market
Solder Material
Market To Reach USD
1.49 Billion By 2027
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The increasing demand for smart electronics and energy proficient gadgets are driving
the need for the market.
Market Size – USD 1.15 Billion in 2019, Market Growth - CAGR of 3.5%, Market Trends –
The growth in electronic sector.
The global Solder Material market is forecast to reach USD 1.49 Billion by 2027, according to a
new report by Reports and Data. The demand for soldering materials is expected to be powered
mainly by the growth in the computer refurbishing field. Expanded development of mobile
devices in various regions, coupled with the advent of a phenomenal mobile aftermarket
industry, is expected to lead to the growth of such materials in the coming years. Automation is
effective; soldering procedures are expected to improve demand over the projected period.
Moreover, extensive R&D for the manufacture of advanced solder materials is anticipated to
boost the market growth.
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Market Summary
Beneficial Aspects of the Report:
Due to its toxic nature, various governments worldwide have placed a strong emphasis on the
replacements of lead soldiers. A low lead-based solder, however, is an environmentally compatible
substitute that can be utilized until regulatory agencies impose a full ban. Development in the use of these
low-lead materials would improve business expansion. A presentation without lead fastens due to strict
regulations against the lead hazard is necessary to escalate the growth over the following years. Increasing
the use of new substantial state semiconductor advances in purchasers is also anticipated to help
strengthen the market.
Conventional micrometer soldering products in the paste have many drawbacks, like high melting
temperatures, which can lead to unwanted stress while reflowing production, limited applications, and
joint defects. This has led to the creation of numerous solder materials based on sub-microns and
nanoparticles. Though due to the toxic nature of the content, the growth of the market might be impeded.
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Market Summary
Some of the key players operating in the Market include:
Kester, Lucas Milhaupt, Inc., Qualitek International, Inc., Fusion, Inc., Senju Metal Industry Co., Ltd., Koki
Company ltd., Indium Corporation, Tamura Corporation, Nihon Genma, and Stannol GmbH & Co. KG,
among others.
Product Outlook (Revenue, USD Billion; 2017-2027)
Wire
Paste
Bar
Flux
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Market Summary
Further key findings from the report suggest
Process Outlook (Revenue, USD Billion; 2017-2027)
Screen Printing
Robotic
Laser
Wave/Reflow
Application Outlook (Revenue, USD Billion; 2017-2027)
Car
Machinery & Equipment
Ship
Building
Others
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