Solder Flux Market - Global Industry Analysis

Solder Flux Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Category: Consumer Goods Report Format : PDF Report Code: ZMR-2564 Status : Upcoming

Description

Global Solder Flux Market: Overview

Solder flux responds in a particular way with a layer of oxide; it removes dirt from metal surfaces, thus giving a superior solder bond surface. Flux leftovers on the metal surface during soldering forbid the formation of supplementary oxides because of high heat. Solder flux is mainly utilized in printed surface-mount devices, circuit boards, semiconductors, BGAs, and so on. It is utilized to repair or rework on surface-mount devices and BGA. The end result of considerable lead-free solder flux production is anticipated to be the decrease in low-grade solder flux products production and increase in high-grade solder flux production. Lead is a major component of the customary process of soldering. Increasing lead amount in the environment has become an important topic of discussion. Hence, several countries globally have opted lead-free soldering.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Solder Flux Market: Growth Factors

The global solder flux market is majorly impacted in a positive way by the strong increase in the PCB (printed circuit board) manufacturing, boosted by the growing mobile phones and computers production all around the world. Also, a noteworthy growth in the automotive and the semiconductor sectors is positively impacting the solder flux sales, thus enhancing the growth of the global solder flux market. On the other hand, easy PCB design software accessibility and tariffs difference for different regions is anticipated to restrict the growth of the global solder flux market in the years to come. Nevertheless, the tariff decrease from solder flux is expected to enhance its demand globally in the near future.

Global Solder Flux Market: Segmentation

The global solder flux market is segmented on the basis of type and application. Based on the type, the global solder flux market is bifurcated as no-clean, water-soluble, and others. On the basis of application, the global solder flux market is classified as BGAs (ball grid arrays) and others. Solder flux has a major application in BGAs and numerous equipment including surface-mounted devices and flip chip. They are the major solder flux consumers and are expected to continue this trend in the near future. Since BGA is used in PCBs of semiconductor and electronics products, growing electronics demand globally is anticipated to enhance the consumption of BGA in future, thus resulting in increased solder flux demand in the market.

Global Solder Flux Market: Regional Analysis

The Asia Pacific is anticipated to be the major player in the global solder flux market. This trend is followed by North America and Europe. The global solder flux market is significantly growing mainly due to electronics and automotive industries fast growth. Swiftly changing people’s lifestyles results in the semiconductors and electronics industry growth, thus boosting the growth of the global solder flux market in future. In addition, it is expected to be the highest growing solder flux market globally in the coming future. Emerging countries in the Asia Pacific is the leading consumers and manufacturer of solder flux.

Global Solder Flux Market: Competitive Players

The major players in the global solder flux market are Johnson Matthey, KOKI Company Ltd., Henkel AG & Company KGaA, Kester, Heraeus Holding, DUKSAN Hi-Metal Co., Ltd.

Global Solder Flux Market: Regional Segment Analysis 

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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