The global Solder Material market is forecasted to grow at a rate of 3.5% from USD 1.15 billion in 2019 to USD 1.49 billion in 2027. The significant factors projected to drive the demand are the rising adoption of smart electronics and the invention of energy-efficient electronics. The sector is expected to report substantial additions, primarily in Mexico, thanks to an increased supply base. Advances in the methods are also anticipated through automation technology to foster market growth period. Automation has helped curb human interference in the process, which in turn results in enhanced performance. As a result, in the coming years, the market is likely to record a remarkable development.
Top Companies Operating in the Global Solder Material Market:
Kester, Lucas Milhaupt, Inc., Qualitek International, Inc., Fusion, Inc., Senju Metal Industry Co., Ltd., Koki Company ltd., Indium Corporation, Tamura Corporation, Nihon Genma, and Stannol GmbH Co. K.G.
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
The global materials chemicals market revenue growth is primarily attributed to factors such as fast-paced industrialization across the globe, rising demand for essential consumer goods (including packaged foods beverages, personal care cosmetic products, and household hygiene products), and increasing applications of raw materials and chemicals in a wide range of industries including the buildings construction, food beverage, pharmaceutical, agriculture, and textile industries. Other important factors contributing to the global market revenue growth are increasing industrial applications of specialty chemicals, growing use of high-performance, organic agrochemicals in the agriculture industry, rising environmental concerns among the population, growing need for environmentally friendly and sustainable raw materials and chemicals, and increasing government investments in the materials chemicals industry.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Solder Material market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Solder Material market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global Solder Material market key players
3.2 Global Solder Material size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Solder Material market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Solder Material Market Segmentation
Product Outlook (Revenue, USD Billion; 2017-2027)
- Wire
- Paste
- Bar
- Flux
Process Outlook (Revenue, USD Billion; 2017-2027)
- Screen Printing
- Robotic
- Laser
- Wave/Reflow
Application Outlook (Revenue, USD Billion; 2017-2027)
- Car
- Machinery Equipment
- Ship
- Building
- Others
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