Dublin, Sept. 30, 2022 (GLOBE NEWSWIRE) -- The "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" report has been added to ResearchAndMarkets.com's offering.
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 growth of the solder materials market is attributed to their high demand in consumer electronics, automotive and others industries.
Solder bar segment to be the largest product of solder materials
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. Solder bar is used in various applications, including high-tech electronics and printed circuit boards.
Automotive to be the second-largest segment during the forecast period
Soldering materials are used for armatures, radiators, wire harnesses, car electrical systems and other parts required in the automotive industry. Strong alloys are commonly used in this industry. Soldering materials are not only used in new vehicle assembly but are also used in the repair and rework of damaged electronic components in vehicles.
Europe to be the second-largest market for solder materials
Emerging Europe is the second-largest market for solder materials, accounting for a share of 16.8%, in terms of value, in 2021. Henkel (Germany) is the leader of solder materials in the European region, as well as globally. The European automotive sector is proposing a plan comprising 25 actions to support a strong recovery of the sector and the economy of the region.
As part of the action plan, the sector calls for coordinated vehicle-renewal schemes for all vehicle types and categories across the EU. This action is intended to boost private and business demand, support economic recovery across the board as well as accelerate the rejuvenation of the vehicle fleet on Europe's roads.
4 Premium Insights 4.1 Asia-Pacific to Witness Relatively Higher Demand for Solder Materials 4.2 Asia-Pacific: Solder Materials Market, by End-Use Industry and Country 4.3 Solder Materials Market, by End-Use Industry 4.4 Solder Materials Market, by Type 4.5 Solder Materials Market, by Product 4.6 Solder Materials Market, by Process 4.7 Solder Materials Market, by Country
5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Increasing Demand from Electronics Industry 5.2.1.2 Growing Usage in Automotive Industry 5.2.1.3 Growing Demand for Lead-Free Solder Materials 5.2.2 Restraints 5.2.2.1 High Cost of Lead-Free Solders 5.2.3 Opportunities 5.2.3.1 Emergence of Nanoparticle-Based Solder Materials 5.2.4 Challenges 5.2.4.1 Health Risks Associated with Soldering
6 Industry Trends 6.1 Porter's Five Forces Analysis 6.2 Supply Chain Analysis 6.3 Ecosystem Mapping 6.4 Technology Analysis 6.5 Trends/Disruptions Impacting Customers' Business 6.6 Trade Analysis 6.6.1 Import-Export Scenario of Solder Materials Market 6.7 Price Analysis 6.8 Key Conferences & Events in 2022 6.9 Regulatory Analysis 6.9.1 Restriction of Use of Hazardous Substances (Rohs) Regulations 6.9.2 Environmental Protection Agency (Epa) 6.9.3 Ipc J-Std-001 Standard Soldering Requirements 6.10 Patent Analysis 6.10.1 Introduction 6.10.2 Methodology 6.10.3 Document Type 6.10.4 Patent Publication Trends 6.10.5 Insights 6.10.6 Legal Status of Patents 6.10.7 Jurisdiction Analysis 6.10.8 Top Patent Applicants 6.10.9 Top 10 Patent Owners (Us) in Last 10 Years 6.11 Composition and Liquidus Temperatures of Key Solder Materials
7 Solder Materials Market, by Type 7.1 Introduction 7.2 with Lead 7.3 Lead-Free
8 Solder Materials Market, by Product 8.1 Introduction 8.2 Wire 8.3 Bar 8.4 Paste 8.5 Flux 8.6 Others
9 Solder Materials Market, by Process 9.1 Introduction 9.2 Wave/Reflow 9.3 Screen Printing 9.4 Robotic 9.5 Laser
10 Solder Materials Market, by End-Use Industry 10.1 Introduction 10.2 Consumer Electronics 10.3 Automotive 10.4 Industrial 10.5 Building 10.6 Others
11 Solder Materials Market, by Region
12 Competitive Landscape 12.1 Overview 12.2 Companies Adopted New Product Launch as Key Growth Strategy Between 2017 and 2022 12.3 Market Share Analysis 12.4 Revenue Analysis of Top Market Players 12.5 Company Evaluation Quadrant 12.5.1 Stars 12.5.2 Emerging Leaders 12.5.3 Pervasive Companies 12.5.4 Participants 12.6 Sme Matrix, 2021 12.6.1 Progressive Companies 12.6.2 Responsive Companies 12.6.3 Dynamic Companies 12.6.4 Starting Blocks 12.7 Competitive Scenario 12.7.1 Partnerships 12.7.2 Product Launches
13 Company Profiles 13.1 Key Players 13.1.1 Element Solutions Inc. 13.1.2 Lucas Milhaupt Inc. 13.1.3 Qualitek International Inc. 13.1.4 Fusion Inc. 13.1.5 Henkel 13.1.6 Senju Metal Industries Co. Ltd. 13.1.7 Koki Company Limited 13.1.8 Indium Corporation 13.1.9 Tamura Corporation 13.1.10 Stannol GmbH & Co. Kg 13.2 Other Players 13.2.1 Belmont Metals 13.2.2 Genma Europe 13.2.3 Accurus Scientific 13.2.4 Aim 13.2.5 Warton Metals Limited 13.2.6 Duksan Himetal Co. Ltd. 13.2.7 Inventec Performance Chemical 13.2.8 Fakri Metals 13.2.9 Digikey 13.2.10 Waytek 13.2.11 R.S. Hughes 13.2.12 Saru Silver Alloy Private Limited 13.2.13 Balaji Insulation Co. 13.2.14 Superior Flux & Mfg. Co. 13.2.15 Agni Solders
For more information about this report visit https://www.researchandmarkets.com/r/5lqmi0
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