According to a market report by Lucintel, the future of the global solder flux market looks promising with opportunities in the consumer electronics, automotive, and telecommunications markets. The global solder flux market is expected to grow with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are increasing investments in research & development activities and significantly growing electronics industry.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in solder flux market to 2030 by product type (rosin-based, water soluble, and no-clean), end use (consumer electronics, automotive, telecommunications, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, rosin-based, water soluble and no-clean are the major segments of solder flux market by product type. Lucintel forecasts that rosin-based is expected to witness the highest growth over the forecast period as it is non-conductive, hard, and corrosion resistant in nature.
Within this market, consumer electronics will remain the largest segment due to growing demand for technically advanced gadgets, such as phone and tablets along with home appliances.
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APAC is expected to witness highest growth over the forecast period due to availability of low labor cost and raw materials and presence of huge consumer base in the region.
Henkel, Premier Industries, MacDermid Alpha Electronics Solutions, Indium, Inventec Performance Chemicals, KOKI, and La-Co Industries are the major suppliers in the solder flux market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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