Solder Materials Market

Solder Materials Market worth $4.9 billion by 2027

The report "Solder Materials Market by Type (With Lead, Lead-Free), Product (Bar, Wire, Paste, Flux), Process (Wave/Reflow, Screen Printing, Robotic, Laser), End-Use Industry (Consumer Electronics, Automotive, Industrial) and Region - Global Forecast to 2027" The global solder materials market is projected to grow from USD 4.1 billion in 2022 to USD 4.9 billion by 2027, at a CAGR of 3.8% from 2022 to 2027. The market growth is fueled by the technological development on printed wiring board and growth in electronics industry. Rising demand of consumer electronics is key growth driver in solder materials market.

Browse 244 market data Tables and 46 Figures spread through 204 Pages and in-depth TOC on "Solder Materials Market by Type (With Lead, Lead-Free), Product (Bar, Wire, Paste, Flux), Process (Wave/Reflow, Screen Printing, Robotic, Laser), End-Use Industry (Consumer Electronics, Automotive, Industrial) and Region - Global Forecast to 2027" The market for solder material has experienced significant growth, primarily due to the the technological development on printed wiring boards, growth of the electrical and electronics industry, and the impacts of solder materials consumption on the environment & resources affect the use of solder materials. Moreover, the rise in demand for solder materials from emerging economies and the growth of the semiconductor industry are creating growth opportunities in the market.
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/solder-materials-market-32273347.html

The solder bar segment is projected to register largest share of the solder material market during forecast period.

Solder bar is the most used product for soldering. The most common alloy for electronic assembly soldering contains 63% tin and 37% lead and has a melting point of just 361°F. Other leaded alloys used for assembling electronic components include 60/40, Sn62/36/2Ag alloy containing 2% silver, and hightemperature solder 10/90 containing 90% lead. Solder bar melted into solder pots can be a faster, more automated method of soldering than hand-soldering with solder wire. Solder pots that have a pump creating a wave are called wave solder machines, solder fountains, or selective solder machines.

The led-free segment dominated the overall solder material market during the forecast period. .

Lead-free solder material is a replacement for conventional 60/40 and 63/37 Sn-Pb solder. Lead-free solder alloys have become popular and are largely adopted as an alternative to lead-based solder alloys in the soldering of electronic components and electronic packaging. In 2006, the Restriction of Hazardous Substances Directive (RoHS) was adopted by the European Union (EU), which led to the elimination of leadbased solder. Lead-free solders in commercial use contain tin, copper, silver, bismuth, indium, zinc, antimony, and traces of other metals. Most lead-free replacements for conventional 60/40 and 63/37 Sn- Pb solder have melting points from 50 to 200°C higher, though there are also solders with much lower melting points. Lead-free solder typically requires around 2% flux by mass for adequate wetting ability.

The market for screen printing is projected to register highest growth in the solder material market during the forecast period.

In the electronics industry, one of the most important aspects of the surface mount assembly process is the application of solder paste to the printed circuit board. The aim of this process is to accurately deposit the required amount onto each of the pads to be soldered. This is achieved by screen printing the solder paste through a stencil or foil. It can also be done by jet printing. The most common method of applying solder paste to a PCB using a stencil printer is squeegee blade printing. The squeegees are the tools used to apply the necessary force required to move the solder paste across the stencil and onto the PCB.

The consumer electronic segment accounted for the largest share of the overall solder material market during the forecast period.

Soldering is used in the electronics industry primarily on printed circuit boards (PCBs). Solder on a PCB is the connective metal alloy that acts as the electromechanical connection that connects the components to the substrate and brings electrical continuity to the circuit board. Lead-free solders are being increasingly used due to regulatory requirements as well as the health and environmental benefits of avoiding lead-based electronic components. They are almost exclusively used today in consumer electronics.

Rapid economic growth in China and India is expected to boost the Asia Pacific solder material market in the coming years..

Asia Pacific is the largest market for solder materials. High economic growth rate, growing manufacturing industries, cheap labor, and global shift of production capacity from the developed markets to the emerging markets in the region are the factors leading to the growth of the solder materials market in the region. The demand for high-quality products, rising population, and the growing end-use industries have led to a surge in demand for consumer electronics, which is driving the demand for solder materials in the region. Asia Pacific is the fastest-growing consumer electronic market, which is driven by high economic growth and large investments by global companies. Its growing middle-class population plays an important role in driving various industries, which has led to industrialization in the region. An increase in the consumption of solder material in consumer electronics and automotive industries has been observed in the region.

A few of the key players in the solder material market are Lucas Milhaupt Inc.(US), Fusion Inc. (US), Henkel (Germany), Stannol Gmbh & CO. KG (Germany), Senju Metal Industries. Co. Ltd. (Japan), Element Solutions, Inc. (US), Indium Corporation (US), Tamura Corporation (Japan) and Koki Company Limited (Japan)among others.

Don’t miss out on business opportunities in Solder Materials Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Solder Materials Market Size,  Share & Growth Report
Report Code
MM 8132
PR Published ON
7/15/2022
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Solder Materials Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home