Solder Flux Market Report

Solder Flux Market Insights

Solder flux market is likely to witness a CAGR of 5.7% during the forecast period. The prime factors that are driving the solder flux market are growing investments towards R&D, increasing disposable income of consumers, and rapid technological change in gadgets such as phones, tablets, and laptops.

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Market Share Analysis

Solder Flux Market Share: By Product Type

Based on the product type, the market is segmented as rosin-based, water soluble, and no-clean. The rosin-based segment dominated the market in 2019, and is expected to maintain its position during the forecast period. Rosin-based solder fluxes are non-conductive, hard, and corrosion resistant and hence, holds the largest share of the pie.

Solder Flux Market Share: By End-Use Industry Type

Based on the end-use industry type, the solder flux market is segmented as consumer electronics, automotive, telecommunications, and others. Consumer electronics segment held the largest share of the market and is also expected to witness a healthy growth during the forecast period. Increasing demand for technically advanced gadgets such as phone and tablets along with home appliances is the major factor behind the dominance of the consumer electronics segment.

Solder Flux Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest market for solder flux during the forecast period. China, Japan, Taiwan, South Korea and India are the major economies contributing towards the growth and high demand for solder flux in the region. Cheap labor, low cost raw materials, and huge consumer base are the major features of the Asia-Pacific’s solder flux market. North America and Europe are also expected to witness a healthy demand for solder flux during the forecast period.

Some of the major players in the solder flux market are-

• Henkel
• Premier Industries
• MacDermid Alpha Electronics Solutions
• Indium Corporation
• Inventec Performance Chemicals
• KOKI Company Ltd.
• La-Co Industries Inc
• Shenzhen Tong fang Electronic New Material Co., Ltd.
• FCT Solder
• Johnson Matthey

Market Scope & Segmentation

Flux is a chemical cleaning agent that is used prior to and during the soldering process of electronic components onto circuit boards. It also protects the metal surfaces from oxidation and helps in soldering process by altering the surface tension of the molten solder. Based on the product type, solder flux can be categorized into rosin-based, water soluble, and no-clean. On the basis of industries served, it can be categorized into consumer electronics, automotive, telecommunications, and others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The solder flux market is segmented into the following categories. 

Solder Flux Market Size, Share, & Forecast, by Product Type:

• Rosin-Based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Water Soluble (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• No-Clean (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Solder Flux Market Size, Share, & Forecast, by End-Use Industry Type:

• Consumer Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Telecommunications (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Solder Flux Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, South Korea, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the product types by end-use industry type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.