A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global
Solder
Paste market.
The study, titled “Solder
Paste Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2023”,
is available for sale on the firm’s website.
Solder
paste, also known as solder cream is used to connect leads on surface
mounted integrated circuit chips to the attachment points on the
printed circuit boards, which are commonly used in all electronic
devices. It is generally applied as a paste through stencil or
dispensing tubes on the leads on printed circuit boards, followed by
heating the paste in order for it to melt and fuse the connection.
Soldering paste is an extremely important ingredient in the
electronic circuit manufacturing industry. By physical appearance, it
is a gray and putty like material. Solder pastes are of different
compositions depending upon their end use requirements. Some of the
common solder pastes are tin – lead alloy, tin – silver –
copper alloy, tin – silver – copper alloy and tin – antimony
alloy.
Get
PDF Brochure for more Professional and Technical insights :
The
driving force behind the solder alloy market is the burgeoning demand
from electronic manufacturing services. The market has especially
witnessed a bullish run since the last two decades, is expected to
grow further with the penetration of information technology, and
enabled services in human life across the world. Solder paste is
essential for all printed circuit boards and semiconductors. Printed
circuit boards find application in almost all electronic devices
including computers, laptops, smart phones, tablets, televisions,
medical testing equipments, fiber optic receptors, nuclear detection
systems, data storage devices and weather analysis equipment among
many others. Printed circuit boards are also used in automotives,
marine vehicles and aerospace industry for electronic functions.
Traditional single layer printed circuit boards are gradually
evolving into multilayer printed circuit board with extensive
functionality. The technological advancements in the PCB market is
expected to transform into higher demand for solder paste.
The
market for solder paste is largely unhindered by substitute products.
However, the demand for lead free solder paste has been increasing
due to environmental concerns of lead. According to estimates more
than 30 million tons of electronic waste are accumulated each year
and the lead content in electronic wastes create havoc on
environmental balance. The demand for lead containing alloys is
expected to decline over the period for the solder paste market.
However, there are no significant restraints to the solder paste
market as a whole.
The
global outlook for electronic equipments and applications holds
promise as consumer electronics has exhibited tremendous growth over
the past decade and expected to continue to rise in the foreseeable
future. This presents tremendous opportunity for solder paste market
especially in the developing regions of Asia Pacific, Latin America
and Africa.
Browse
Market Research Report with ToC & Analysis :
China
accounts for the largest demand for solder paste in the world. China
is the largest producer of electronic devices and ancillary parts in
the world. The export oriented electronics manufacturing services in
China is the main reason behind the surging demand in the region.
China is also the largest manufacturer of solder paste in the world.
Asia Pacific accounts for over 50% of the global demand, lead by
China, Japan, Korea and India. Demand for solder paste from North
America and Europe follow that from Asia Pacific.
Some
of the companies operating in the solder paste market are SMT
International LLC, Kester, AIM Metals and Alloys, LLC, Chung I Silver
Solder Co., Ltd., Ku Ping Enterprise Co., Ltd., Shenmao Technology
Inc. Chemco Industry Corporation, Dyfenco Electronic Chemical
Corporation among many others.This research report analyzes this
market on the basis of its market segments, major geographies, and
current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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Market Research
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