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Global No-clean Flux Solder Paste Market InsightDecember 31, 2021 Comments
The No-clean Flux Solder Paste is forecast to Continued growth over the four years. According to the World Knowledge Information (WKI) “Global No-clean Flux Solder Paste Professional Survey Report 2021, Forecast to 2026”, Due to the growing demand for various applications such as SMT assembly, semiconductor packaging, and industrial soldering, the no-clean flux solder paste market has seen significant growth.The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 5.03% base on WKI regression analysis model.
“It is recommended that companies focus on organic growth strategies, such as product launches, product approvals, and other strategies such as patents and activities. The inorganic growth strategy activities witnessed in the market are acquisitions, partnerships and cooperation. These activities paved the way for expanding the business and customer base of market participants.”said Jennie, Senior analyst, Chemical industry Market Research Center in WKI.
The growing demand for solder pastes that provide soldering results, wide process windows, and residues that can be cleaned in saponified water has led to the growth of the global flux market. It is expected that in the near future, no-clean fluxes will be used in the electronics and semiconductor industries. The increase in the use of paste will change the market dynamics, and there are more and more opportunities in the Asia-Pacific market; and the growing semiconductor and printed circuit board industries are the main areas of opportunity for market participants.
However, the availability of the inert flow environment of no-clean flux is limited, the risk of solder particle exposure and the complexity of the solder paste transportation process are also influencing factors.
On July 13, 2015, Platform Specialty Products announced that it would acquire Alent for US$2.1 billion. Upon completion of the acquisition, the Enthone business (except for the business recently acquired from OM Group, Inc.) will merge with MacDermid to create a new market leader.The major players in the no-clean flux solder paste market include: Senju, Alent (Alpha), Tamura, Henkel, Indium, Kester (ITW), Shengmao, Inventec, KOKI, AIM, Nihon Superior, KAWADA, Yashida, Tongfang Technology, Shenzhen Bright, Yongan, etc.
Segmentation of No-clean Flux Solder Paste Market:
Divided by type No-clean flux solder paste market is mainly divided into: lead-containing solder paste, lead-free solder paste.Lead-free solder paste occupies a large share in the market because it is the mainstream soldering material today. The composition of lead-free solder paste contains only a small amount of lead. It is an environmentally friendly solder paste and has little harm to the human body and the environment.Divided by application, the no-clean flux solder paste market is mainly divided into: SMD assembly and semiconductor packaging.Among them, semiconductor packaging occupies a larger share in the market, because the increase in the output of electronic products such as computers and mobile phones is driving the production of semiconductor packaging. Therefore, due to the increase in the application of electronic products, the production of no-clean flux solder paste is increasing. This expands the no-clean flux solder paste market.
No-clean Flux Solder Paste Market: Regional Analysis
In terms of geography, the global No-clean Flux Solder Paste market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa.Among them, the North American market occupies a larger share of the no-clean flux solder paste market. Because of its high adoption of advanced technology and the existence of large enterprises in the region, it may create sufficient growth opportunities for the market. The Asia-Pacific region is expected to provide important opportunities in this market.
Largest share area：North America
Largest share country：the Unite States