The Global Solder Materials Market size was valued at USD 1.08 billion in 2017 and is projected to expand at a CAGR of 3% from 2021 to 2027.
Soldering is the use of melting a metal alloy made of tin and lead into hot iron. Iron is heated to temperatures above 600 degrees Fahrenheit and then cooled to create strong electrical bonds. Therefore, the solder materials market is witnessing an increase in demand as the demand for soldering in the electronics industry increases in various electronic refurbishments such as PCB boards and surface mount devices. However, increasing government initiatives towards digitization are expected to drive the solder materials market during the forecast period. This is because it is also an IoT-based technology.
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Market Segments
By Product – Solder Wire, Solder Paste, Solder Bar, Solder Flux, Mask, Thinner and Others.
By End-UseIndustry – Electrical & Electronics, Automotive (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), Defense, Aviation, Building & Construction (Residential, Commercial, Infrastructure, Industrial) and Others.
Key Players
- Kester
- Lucas Milhaupt, Inc.
- Qualitek International, Inc.
- Fusion, Inc.
- Senju Metal Industry Co., Ltd.
- Koki Company ltd.
Scope of the Report
The research study analyzes the global Solder Materials industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Solder Materials Market is available at: https://www.orionmarketreports.com/solder-materials-market/62370/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Solder Materials Market Report
1. What was the Solder Materials Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Solder Materials Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Solder Materials Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Solder Materials market.
- The market share of the global Solder Materials market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Solder Materials market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Solder Materials market.
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