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
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Solder materials Market, by Product
1.3.2 MEA Solder materials Market, by Process
1.3.3 MEA Solder materials Market – By Country
2. Key Takeaways
3. Research Methodology
3.1.1 Data Collection:
3.1.2 Primary Interviews:
3.1.3 Hypothesis formulation:
3.1.4 Macro-economic factor analysis:
3.1.5 Developing base number:
3.1.6 Data Triangulation:
3.1.7 Country level data:
4. Solder Materials Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Expert Opinion
5. Solder Materials Market – Key Industry Dynamics
5.1 Key Drivers
5.1.1 Availability of Various Products
5.1.2 Increasing Demand from Electronic Industry
5.2 Key Restraints
5.2.1 Imposition of various regulations by Authorities upon the Solder Materials
5.3 Key Opportunities
5.3.1 Continuous R&D Initiatives
5.4 Future Trends
5.4.1 Increasing Use of Automatic Solder Over Manual Solder
5.5 Impact Analysis of Drivers and Restraints
6. Solder Materials Market – MEA Market Analysis
6.1 Solder Materials Market Overview
6.2 MEA Solder Materials Market –Revenue, and Forecast to 2030 (US$ Mn)
6.3 Market Positioning – Key Market Players
7. MEA Solder Materials Market Analysis – By Product
7.1 Overview
7.2 MEA Solder Materials Market Breakdown, By Product, 2019 & 2030
7.3 Wire
7.3.1 Overview
7.3.2 Wire in Solder Materials Market, Revenue Forecast to 2030 (US$ Mn)
7.4 Paste
7.4.1 Overview
7.4.2 Paste in Solder Materials Market, Revenue and Forecast to 2030 (US$ Mn)
7.5 Bar
7.5.1 Overview
7.5.2 Bar in Solder Materials Market, Revenue and Forecast to 2030 (US$ Mn)
7.6 Flux
7.6.1 Overview
7.6.2 Flux in Solder Materials Market, Revenue and Forecast to 2030 (US$ Mn)
7.7 Others
7.7.1 Overview
7.7.2 Others in Solder Materials Market, Revenue and Forecast to 2030 (US$ Mn)
8. MEA Solder Materials Market Analysis – By Process
8.1 Overview
8.2 MEA Solder Materials Market Breakdown, By Process, 2019 & 2030
8.3 Screen-Printing
8.3.1 Overview
8.3.2 Solder Materials Market Revenue Via Screen-Printing Revenue and Forecast, to 2030 (US$ Mn)
8.4 Robotic
8.4.1 Overview
8.4.2 Solder Materials Market Revenue Via Robotic Revenue and Forecast, to 2030 (US$ Mn)
8.5 Laser
8.5.1 Overview
8.5.2 Solder Materials Market Revenue Via Laser Revenue and Forecast, to 2030 (US$ Mn)
8.6 Wave/Reflow
8.6.1 Overview
8.6.2 Solder Materials Market Via Wave/Reflow Revenue and Forecasts to 2030 (US$ Mn)
9. Solder Materials Market – Country Analysis
9.1 Overview
9.1.1 MEA: Solder materials Market, by Key Country
9.1.1.1 South Africa: Solder materials Market – Revenue and Forecast to 2030 (US$ Mn)
9.1.1.1.1 South Africa: Solder materials Market, by Product
9.1.1.1.2 South Africa: Solder materials Market, by Process
9.1.1.2 Saudi Arabia: Solder Materials Market – Revenue and Forecast to 2030 (US$ Mn)
9.1.1.2.1 Saudi Arabia: Solder materials Market, by Product
9.1.1.2.2 Saudi Arabia: Solder materials Market, by Process
9.1.1.3 UAE: Solder materials Market – Revenue and Forecast to 2030 (US$ Mn)
9.1.1.3.1 UAE: Solder materials Market, by Product
9.1.1.3.2 UAE: Solder materials Market, by Process
9.1.1.4 Rest of MEA: Solder materials Market– Revenue and Forecast to 2030 (US$ Mn)
9.1.1.4.1 Rest of MEA: Solder materials Market, by Product
9.1.1.4.2 Rest of MEA: Solder materials Market, by Process
10. Impact of COVID-19 Pandemic on MEA Solder Materials Market
10.1 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Merger and Acquisition
11.2 Product News
11.3 Strategic Recommendations for the New Entrants
11.3.1 Government Regulations
11.3.2 Development of Sustainable Solder Materials
11.3.3 Total Solder System along with Technical Expertise Offered to Customers
11.3.4 Strategic Investment in R & D and New Product Development
11.3.5 Business Development Through Alliances and Collaboration
11.3.6 Diversification of Application Base of Solder Materials
11.3.7 Focus on Quality Product Offerings
11.3.8 Geographical Expansion in New Markets
11.3.9 Price Competitiveness
11.4 Strategic Market Developments
12. Key Company Profiles
12.1 Fusion Incorporated
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 Indium Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Kester
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products And Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 KOKI Company Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Stannol GmbH & Co. KG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. MEA Solder Materials Market –Revenue and Forecast to 2030 (US$ Mn)
Table 2. South Africa Solder Materials Market, by Product – Revenue and Forecast to 2030 (US$ Mn)
Table 3. South Africa Solder Materials Market, by Process – Revenue and Forecast to 2030 (US$ Mn)
Table 4. Saudi Arabia Solder Materials Market, by Product – Revenue and Forecast to 2030 (US$ Mn)
Table 5. Saudi Arabia Solder Materials Market, by Process – Revenue and Forecast to 2030 (US$ Mn)
Table 6. UAE Solder Materials Market, by Product – Revenue and Forecast to 2030 (US$ Mn)
Table 7. UAE Solder Materials Market, by Process – Revenue and Forecast to 2030 (US$ Mn)
Table 8. Rest of MEA Solder Materials Market, by Product – Revenue and Forecast to 2030 (US$ Mn)
Table 9. Rest of MEA Solder Materials Market, by Process – Revenue and Forecast to 2030 (US$ Mn)
Table 10. Glossary of Terms, MEA Solder Materials Market
LIST OF FIGURES
Figure 1. MEA Solder Materials Market Segmentation
Figure 2. MEA Solder Materials Market Segmentation – By Country
Figure 3. MEA Solder Materials Market Overview
Figure 4. MEA Solder Materials Market, by Process
Figure 5. MEA Solder Materials Market, by Country
Figure 6. MEA Solder Materials Market, Industry Landscape
Figure 7. MEA: PEST Analysis
Figure 8. Expert Opinion
Figure 9. MEA Solder Materials Market Impact Analysis of Drivers and Restraints
Figure 10. MEA Solder Materials Market – Revenue and Forecast to 2030 (US$ Mn)
Figure 11. MEA Solder Materials Market Breakdown, By Product, 2019 & 2030 (%)
Figure 12. MEA Wire Market Revenue and Forecast, 2017–2030 (US$ Mn)
Figure 13. MEA Paste Market Revenue and Forecast, 2017–2030 (US$ Mn)
Figure 14. MEA Bar Market Revenue and Forecast, 2017–2030 (US$ Mn)
Figure 15. MEA Flux Market Revenue and Forecast, 2017–2030 (US$ Mn)
Figure 16. MEA Others Market, Revenue and Forecast, 2017–2030 (US$ Mn)
Figure 17. MEA Solder Materials Market Breakdown By Process, 2019 & 2030 (%)
Figure 18. MEA Solder Materials Market Revenue Via Screen-Printing Forecast, to 2030 (US$ Mn)
Figure 19. MEA Solder Materials Market Revenue Via Robotic Revenue and Forecasts to 2030 (US$ Mn)
Figure 20. MEA Solder Materials Market Revenue Via Laser Revenue and Forecasts to 2030 (US$ Mn)
Figure 21. MEA Solder Materials Market Revenue Via Wave/Reflow Revenue and Forecasts to 2030 (US$ Mn)
Figure 22. MEA: Solder materials Market Revenue Share, by Key Country (2019 and 2030)
Figure 23. South Africa: Solder materials Market– Revenue and Forecast to 2030(US$ Mn)
Figure 24. Saudi Arabia: Solder Materials Market– Revenue and Forecast to 2030(US$ Mn)
Figure 25. UAE: Solder materials Market– Revenue and Forecast to 2030 (US$ Mn)
Figure 26. Rest of MEA: Solder materials Market– Revenue and Forecast to 2030(US$ Mn)
Figure 27. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
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The List of Companies - Middle East and Africa Solder Materials Market
- Fusion Incorporated
- Indium Corporation
- Kester
- KOKI Company Ltd
- Stannol GmbH & Co. KG
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