Lucintel Forecasts Solder Balls Market to Grow at a CAGR of 5% to 7% from 2020 to 2025

According to the recent study the Solder Balls Market is projected to grow at a CAGR of 5% to 7% from 2020 to 2025. Growth in this market is primarily driven by growing demand for solder ball metal for the making of aluminum alloys that are used in the automotive industry and the growing adoption of solder balls in circuit and packaging.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in solder balls market by product type (lead solder balls and lead free solder balls), solder type (eutectic and non-eutectic), size (up to 100um, 100um-400um, and 400um and above), end use industry (automotive and electronic)), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW).                                                                                            

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“Lead-free solder balls market is expected to remain the largest segment during the forecast period.”

Based on product type, the solder balls market is segmented into lead solder balls and lead free solder balls. Lucintel forecasts that the lead-free solder balls market is expected to remain the largest segment due to product is free of lead, which is associated with environmental concerns.

“Within the solder balls market, the electronics segment is expected to remain the largest end use industry.”

Based on end use industry the electronics segment is expected to witness the highest growth over the forecast period due to growth of the consumer electronics industry.

“Asia pacific will dominate the solder balls market in near future.”

Asia-Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to growth of the automotive and consumer electronics industries.

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Major players of solder balls market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Duksan Metal, Hitachi Metals, Nanotech, Nippon Micrometal, Indium Corporation, Senju Metal are among the major solder balls providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/solder-balls-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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