The global demand for Solder Flux Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Solder flux is a gelatinous chemical compound used mainly in combination with solder powder to create solder paste to prepares surfaces for soldering or brazing; this improves electrical contact and forms a stable joint. The chemical removes residue from the surface that prevent solder from adhering and help prevent surface oxidation that can weaken solder joints. It is suitable for manual as well as automated soldering processes.
The growing printed circuit board (PCB) manufacturing is driving the demand for the solder flux. Solder flux is majorly used in PCB soldering applications such as assembly, wire tinning, and component lead tinning. The ongoing trends in the electronics industry are projected to propel growth. PCB manufacturing is continuously evolving due to growing demand for gadgets such as cell phones, tablets, laptops, and other electronic machines. Likewise, remarkable growth in automotive areas is undoubtedly affecting the sales, consequently amplifying the growth worldwide. However, stringent regulations are imposed by Occupational Safety and Health Regulations (OSHA) for its usage in strictly controlled areas, thus, hampering the solder flux market demand.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of solder flux.
The entire solder flux market has been sub-categorized into product and sector. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Water Soluble
- Consumer Electronics
This section covers regional segmentation which accentuates on current and future demand for solder flux market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Solder Flux Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the solder flux market include Henkel, Premier Industries, Indium Corporation, KOKI Company Ltd., FCT Solder, Senju Metal Industry Co., Ltd., Inventec Performance Chemicals, AIM Metals & Alloys LP, MacDermid Alpha Electronics Solutions, LA-CO Industries. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.