Solder Flux Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024

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  • Transparency MarketResearch

    Solder Flux Market (Type - Water Soluble and No Clean; Application - Ball GridArrays (BGAs)) - Global Industry Analysis, Size, Share, Growth, Trends, and

    Forecast 2016 - 2024

    Global Solder Flux Market: Increasing Production of Smartphones Ensures SwifUptake, Says TMR

    Transparency Market Research State Tower,

    90, State Street, Suite 700.Albany, NY 12207United

    87 Page ReportPublished Date10-April-2017

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    Press Release

  • Solder Flux Market

    Solder Flux Market (Type - Water Soluble and No Clean; Application - Ball Grid Arrays (BGAs)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

    Transparency Market Research (TMR) states explains the competitive landscape in the solder flux market to be intense.

    The latest report by TMR states that the global market is being led by companies such as Henkel AG & Co. KgaA, Heraeus

    Holding, Johnson Matthey, and Kester. Analysts point out that the market could get fragmented in the coming years due

    to the entry of several new players. These companies are expected to focus on mergers and acquisitions, profitable

    collaborations, and expanding their product portfolio to retain their position over the forecast period. Players also stand

    to benefit with improvements in production methods and adoption of better technologies.

    Browse Market Research Report @

    The research report states that the global solder flux market is expected to rise at a CAGR of 6.30% during the forecast

    period of 2016 and 2024. The market is estimated to reach a valuation of US$367.3 mn by the end of the forecast period

    from US$213.2 mn in 2015.

    BGA Emerges as the Sole Leading Segment in the Global Market

    On the basis of application, the global solder flux market is segmented into ball grid array (BGA) and others such as

    surface mounted devices (SMD) and flip chip. Of these, BGA held the dominant share in the market due to their

    extensive usage in printed board circuits. The report states that this segment held a share of more than 63% in the global

    market as of 2015.

    Asia Pacific Poised to Dominate Overall Solder Flux Market with Government Initiatives

    Transparency Market Research2


  • Solder Flux Market

    In terms of geography, the global solder flux market is segmented into Europe, North America, Asia Pacific, Latin

    America, and the Middle East and Africa. The report indicates that Asia Pacific has been dominating the global market

    and is likely to maintain its stance throughout the forecast period. The booming semiconductor and PCB industries in the

    developing countries of the region such as India and China are expected to play an instrumental role in shaping the

    trajectory of the regional market. Initiatives taken by governments such as Make in India are also expected to support

    the rise in revenue of the overall market.

    On the other hand, Europe and North America are expected show a marginal decline as the regional markets mature.

    Furthermore, the economic instability in Europe is expected to have a negative influence on the overall regional market

    in the coming years. Thus, the developed regions are likely to take a backseat in the global market as compared to the

    developing ones.

    Increasing Sales of Smartphones Augments Uptake of Solder Flux

    The report points out that the soaring production of printed circuit board (PCB) is the key driver for the global solder flux

    market. As the sales of smartphones, laptops, and other personal assistant devices spikes, it is also expected to augment

    the growth of the global solder flux market as they are prime users of PCBs. Furthermore, the rise of the automotive

    industry has also given the global solder flux market a significant boost over the past few years. However, the wide

    availability of PCB design software and the differences in tariffs are expected to restrain the market growth in the near


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    This review is based on Transparency Market Researchs report, titled Solder Flux Market (Type - Water Soluble and No

    Clean; Application - Ball Grid Arrays (BGAs)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 -


    The report segments the global Solder Flux market as:

    Transparency Market Research3

  • Solder Flux Market

    By Type

    -Water Soluble



    By Application

    -Ball Grid Array


    By Region

    -North America









    -Rest of Europe

    -Asia Pacific


    Transparency Market Research4

  • Solder Flux Market




    -Rest of Asia Pacific

    Transparency Market Research is a market intelligence company providing globalbusiness information reports and services. Our exclusive blend of quantitativeforecasting and trends analysis provides forward-looking insight for thousands ofdecision makers.

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