Asia Pacific Ultra-Low Alpha Metals Market Growth and Analysis by 2028

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Asia Pacific Ultra-Low Alpha Metals Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (ULA Tin, ULA Tin Alloys, ULA Lead Alloys, ULA Lead-Free Alloys and Others), and Application (Electronics, Automotive, Medical, Telecommunication, and Others)

  • Report Code : TIPRE00025273
  • Category : Chemicals and Materials
  • No. of Pages : 98
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The Asia Pacific ultra-low alpha metals market is expected to grow from US$ 1,739.48 million in 2021 to US$ 2,919.91 million by 2028; it is estimated to grow at a CAGR of 7.7% from 2021 to 2028.



For the past few years, several metals such as lead (Pb), are being extensively used in the production of electronic devices to boost the functionality of such devices. However, the implementation of regulations by government bodies on the use of such unsafe metals in electronic devices has led to increased adoption of substitute metals. As a result, the companies involved in the production of electronic devices have focused their attention on the deployment of ultra-low alpha metals in their devices. Apart from government regulations on the use of toxic substances, the use of heavy metals in electronic products has also been prohibited under the Restriction on Hazardous Substances (RoHS) Directive. Such regulations and policies framed by governments are expected to boost the growth of the ultra-low alpha metals market. Ultra-low alpha metals offer the provision of production based on materials that are free from hazardous substances. Other than this, the availability of different types of ultra-low alpha solders is broadening the scope of choosing alloys depending on the specific purpose. Hence, strict government regulations on the use of hazardous substances in electronic equipment are expected to stimulate the growth of the ultra-low alpha metals market.
 

In Asia Pacific, India reported a huge number of COVID-19 cases, which led to the discontinuation of several business operations, including ultra-low alpha metals manufacturing activities. The disruption in the supply chain with volatility in raw material pricing and sourcing in the initial weeks of lockdown has impacted the industrial products and processes. However, as the economies are planning to revive their operations, the demand for ultra-low alpha metals is expected to rise in Asia Pacific. However, the focus on just-in-time production is another concerning factor hindering market growth. The increasing demand for advanced industrial materials backed by the growth of end-use industries such as electronics, aerospace & defense, automotive, medical, and telecommunication is expected to contribute to the market's growth. Further, significant investments by prominent manufacturers in advancing ultra-low alpha lead-free alloys are expected to drive the ultra-low alpha metals market
 

With the new advancements and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific ultra-low alpha metals market. There is a rise in demand for ultra-low alpha metal solder materials from the electronics industry to treat solder bumping, in microelectronic packaging. Several companies, such as Intel, IBM, and Delco, use low alpha lead-bearing solders to produce advanced microprocessors and Application-Specific Integrated Circuit (ASICs). At present, the semiconductor industry is using solder materials with alpha particle emission levels ranging between 0.05 and 0.01 cph/cm2h. However, with the increase in input/output (I/O) density, along with the reduction in power supply voltage and miniaturization of the integrated circuit (IC) devices, the requirement for solders materials with alpha particle emission levels of 0.02 cph/cm2h has been generated.
 
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Asia Pacific Ultra-Low Alpha Metals Market Segmentation


Asia Pacific Ultra-Low Alpha Metals Market – By Type


  • ULA Tin
  • ULA Tin Alloys
  • ULA Lead Alloys
  • ULA Lead-Free Alloys and Others

Asia Pacific Ultra-Low Alpha Metals Market – By Application


  • Electronics
  • Automotive
  • Medical
  • Telecommunication
  • Others

Asia Pacific Ultra-Low Alpha Metals Market – By Country


  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific

Asia Pacific Ultra-Low Alpha Metals Report Scope

Report Attribute Details
Market size in 2021 US$ 1,739.48 Million
Market Size by 2028 US$ 2,919.91 Million
Global CAGR (2021 - 2028) 7.7%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Type
  • ULA Tin
  • ULA Tin Alloys
  • ULA Lead Alloys
  • ULA Lead-Free Alloys
By Application
  • Electronics
  • Automotive
  • Medical
  • Telecommunication
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Mitsubishi Materials Corporation
  • Teck Resources Limited
  • Pure Technologies
  • Honeywell International Inc.
  • Duksan Hi-Metal Co., Ltd.
  • MacDermid Alpha Electronics Solutions
    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
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    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

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    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

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    to country scope.

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    Asia Pacific Ultra-Low Alpha Metals Market
    Connect With Expert
    1. Mitsubishi Materials Corporation
    2. Teck Resources Limited
    3. Pure Technologies
    4. Honeywell International Inc.
    5. Duksan Hi-Metal Co., Ltd.
    6. MacDermid Alpha Electronics Solutions
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