Middle East and Africa Solder Materials Market Forecast to 2030 - COVID-19 Impact and Regional Analysis By Product (Wire, Paste, Bar, Flux, and Others), and Process (Screen-printing, Robotic, Laser, Wave/Reflow)

The MEA solder materials market is expected to grow from US$ 72.42 million in 2019 to US$ 99.23 million by 2030; it is estimated to grow at a CAGR of 3.0% from 2020 to 2030.

Saudi Arabia, South Africa and UAE are major economies in MEA. Rising demand for various smart electronics and the advent of energy-efficient electronics are considered as the major factors expected to drive the North America solder materials market. In addition to that, the rising production of electronic devices or gadgets in developing countries coupled with the presence of a notable electronics aftermarket industry is expected to boost the demand for such materials during the forecast period. Conventional micrometer solder materials in the paste exhibit several shortcomings, such as high melting temperatures, which may result in undesired stress during the reflow processing, restricted applications, and defects in the joint. This has further led to the introduction of the innovation of various sub-micron and nanoparticle-based solder materials. Hence, the solder materials market is likely to be propelled by the development in the sector of electronic refurbishing. There are different types of solder materials such as lead-free solder, solder wire, solder ball, solder bar, and others used in the electronic industry. Lead-free solders are increasing in use owing to regulatory requirements along with the health & environmental benefits towards avoiding lead-based electronic components. They are mostly used in consumer electronics. For electrical & electronics work, solder wire is available in the market with a range of thicknesses for hand-solder and with cores containing flux. Plumbers mostly use bars of solder, much thicker than the wire used for electrical applications and then apply flux separately; note that many plumbing-suitable solder fluxes are too corrosive (or conductive) to be used in electrical or electronic work. For the electronic industry, through different processes such as screen-printing, laser printing, wave and reflow, solder can be achieved. Screen or stencil printing is a process of depositing solder paste on the printed wiring boards (PWBs) to establish electrical connections. Laser solder is basically a technique where a precisely focused laser beam offers controlled heating of the solder alloy, which leads to a fast and non-destructive of an electrical joint. Wave solder is known as a large-scale solder process through which electronic components are soldered mainly to a printed circuit board (PCB) to form an electronic assembly. Reflow solder is one of the processes in which a solder paste is used to temporarily attach one or more than thousands of tiny electrical components into their contact pads; after that, the entire assembly is subjected to controlled heat.

As the COVID 19 pandemic continues to grow, it has hampered the solder materials market in MEA. The major countries in the MEA region are under lockdown. In many countries of MEA, where the newest strain of the coronavirus (COVID-19) has made an impact, isolation and social distancing measures have been put in place. The lesser production of goods and commodities is hampering the growth solder materials market as the demand for these solution has weekend over the past couple of months.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA solder materials market. The MEA solder materials market is expected to grow at a good CAGR during the forecast period.

MEA Solder Materials Market Revenue and Forecast to 2030 (US$ Mn)

MEA solder materials market Segmentation

MEA solder materials market, by Product

• Wire
• Paste
• Bar
• Flux
• Others

MEA solder materials market, by Process

• Screen-Printing
• Robotic
• Laser
• Wave/Reflow

MEA solder materials market – By Country

• South Africa
• Saudi Arabia
• UAE
• Rest of MEA

Middle East and Africa Solder Materials Report Scope

The List of Companies - Middle East and Africa Solder Materials Market

1. Fusion Incorporated
2. Indium Corporation
3. Kester
4. KOKI Company Ltd
5. Stannol GmbH & Co. KG

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA solder materials market.
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the MEA solder materials market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the solder material market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution