According to a market research report, 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“, 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 market growth is fueled by the technological development on printed wiring board and growth in electronics industry. Rising demand of consumer electronics is key growth driver in solder materials market.
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- 244 Market data Tables
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- 204 Pages and in-depth TOC on “Solder Materials Market – Global Forecast to 2027″
A few of the key players in the solder material market are Lucas Milhaupt Inc.(US), Fusion Inc. (US), Henkel (Germany), Stannol Gmbh & CO. KG (Germany), Senju Metal Industries. Co. Ltd. (Japan), Element Solutions, Inc. (US), Indium Corporation (US), Tamura Corporation (Japan) and Koki Company Limited (Japan)among others.
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Solder Materials Market.
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Element Solutions, Inc. engages in the formulation of chemical solutions that enhance the performance of products people use every day. It operates through the two reporting segments: Electronics and Industrial & Specialty. The Electronics segment focuses on the research and formulation of specialty chemicals and materials for all types of electronics hardware, ranging from complex printed circuit board designs to new interconnection materials. The Industrial & Specialty segment comprises industrial solutions, graphic solutions, and energy solutions. The company offers solder materials through its subsidiary Kester.
Lucas Milhaupt Inc. (Lucas Milhaupt) (US) is a metal company that manufactures metal products and services. The company offers products such as silver filler metals, palladium, gold filler metals, copper filler metals, aluminum-based filler metals, and nickel filler metals. It also provides fluxes, brazing and solder pastes, brazing and repair kits, and flux coated shims. Lucas-Milhaupt offers services such as custom shaping, training, custom formulations, consulting, precious metal reclamation, and scrap processing. The company’s products are used in various industries, including electrical and & electronic appliance, transportation, construction, arts and & jewelry, and medical.
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