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Global Solder Flux Market Expected to Grow at a CAGR of 6.3% during the Forecast Period of 2017 – 2024

Press release Description

Albany, New York, April 4, 2017: The global market for solder flux is greatly influenced by the substantial increase in the manufacturing of printed circuit board (PCB), driven by the rising production of mobile phones and computers across the globe. The rapidly rising and complex global market for solder flux is the focus of an analysis for a new market intelligence report added to the huge portfolio of Market Research Reports Search Engine (MRRSE). This research report is titled as “Global Solder Flux Market – Industry Analysis, Share, Size, Growth, Trends and Forecast 2017–2024”. The report provides a comprehensive insight into the current state of this industry and contains various forward-looking figures regarding the potential growth prospect of this crucial product.

As per key findings of the report, the global market for solder flux is estimated to swell at a CAGR of 6.30% between 2017 and 2024. Rising at this pace, the market will reach US$367.3 million by 2024 from US$213.2 million in 2015. In the report, this growth has been attributed to the significant rise in the demand from automotive and semiconductor industries. While, the easy availability of PCB design software and the discrepancy in the tariffs for different regions may hamper growth of this market. This report examines market drivers, restraints, risks and opportunities of the global solder flux market along with their impact on demand for the forecast period. It also offers a detailed value chain analysis, which includes a comprehensive view of the global market. Porter’s Five Forces model has also been analyzed for the understanding of the competitive scenario of the market.

The study gives a decisive overview of the global solder flux industry by segregating it in terms of type, application and region. Based on type, the segments are water soluble, no-clean and others. While, the segments based on application are ball grid array (BGA) and others. In 2015, BGAs held a share of more than 63% in the overall market and it is likely to remain dominant over the coming years. Regional segmentation of the market includes the following:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Browse Full Global Solder Flux Market  Report with TOC :

The current and future demand for regional segments along with a forecast for market volume and revenue has been included in the study. Moreover, the report also covers demand for individual end-user segments in all the regions.

The report provides profiles of key companies operating in the global solder flux industry. Some of the major players are KOKI Company Ltd., DUKSAN Hi-Metal Co. Ltd., Henkel AG & Company KGaA, Heraeus Holding, Johnson Matthey, Kester, and others. These companies have been profiled in terms of factors such as company overview, business strategies, financial overview, SWOT analysis and major recent developments.

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