Market Snapshot:
In the current era digitalization, it has been observed that the used of solder paste in various devices that associated with various industries such as consumer electronics and energy & power, building & construction among others. In addition to this, with the increasing use of PCs, mobile phones and others, there is surging need to develop printed circuit boards as a component in such devices. In the current scenario, manufacturers are continuously focusing to develop innovative techniques and improvement in the quality of dispensing, owing to increasing fine pitch printing need in manufacturing industries across the world. For instance, recently Kester launched WP616, a lead-free, water-soluble, and zero-halogen based solder paste formula for both air and nitrogen reflow applications.
Highlights from Solder Paste Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Largest Market | North America |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Senju Metal Industry Co., Ltd. (Japan), Alpha Assembly Solutions (United States), TAMURA Corporation (Japan), Henkel Corporation (Germany), Kester (United States), Inventec Performance Chemicals (France), KOKI Company Ltd. (Japan), AIM Metals & Alloys LP (United States), Nihon Superior Co., Ltd. (Japan) and Indium Corporation (United States). Additionally, other players that are part of this comprehensive study are Shenzhen Tongfang Electronic New Materials Co., Ltd. (China), Shenzhen BBIEN Technology Co., Ltd. (China) and Shenzhen Yong An Soldering Flux Co., Ltd. (China).
Geographic Breakdown and Segment Analysis
The Global Solder Paste market presents a comprehensive analysis of the Solder Paste market by product type (Rosin Based Pastes, Water Soluble Fluxes, No-Clean Flux and Others), by end-user/application (SMT Assembly, Semiconductor Packaging and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Solder Paste industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest. For instance, while the North America holds majority of market share of the Solder Paste market
Analyst at AMA have segmented the market study of Global Solder Paste market by Type, Application and Region. On the basis of Type, Rosin Based Pastes are dominating the market in the year 2023.
Influencing Trend:
Technological Advancements in the Printed Circuit Boards (PCB) Market and Increasing Applications in Semiconductors and PCB
Market Growth Drivers:
Increasing Demand from the Electronic Manufacturing Industry and Growing Demand for Technologically Advanced Consumer Electronics
Challenges:
Lack of Awareness in the Developing Economies
Restraints:
Lack of Skilled Manufacturer and Complex Semiconductor Packaging
Opportunities:
Increasing Demand of Rosin Based Solder Pastes and Growing Demand from the Developing Economies
Market Developments Activities:
In 2018, MacDermid Performance Solutions announced that from January 1, 2019, it will combine its MacDiarmid Enthone Electronics Solutions and Alpha Assembly Solutions business units to form MacDermid Alpha Electronics Solutions, a USD 1.2 billion electronics chemicals, and materials business, headquartered in Waterbury, Connecticut, USA
11th June 2019, Indium Corporation introduced new low-temperature solder paste, Indium5.7LT-1. It is specially designed for low-temperature assembly processes such as solder balling and solder beading using bismuth and indium alloys. and 5th February 2019, Indium Corporation Launched a new range of halogen-free and water-soluble solder paste. It is suitable for both SnPb and Pb free alloys. It is designed for PCB assembly applications to minimize voiding.
Key Target Audience
Solder Paste Manufacturers, Solder Paste Distributors, Potential Investors, Raw Material Suppliers, Government Associations, End Use Industries and Others