Solder Materials
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Market Size, Trends and Global Forecast 2023-2032
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Solder materials refer to the metal alloys used for the soldering process. Soldering is a metal-joining procedure that involves melting solder at extremely high temperatures to form a strong bond.
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The global solder materials market size is expected to grow from $1.93 billion in 2022 to $2.01 billion in 2023 at a compound annual growth rate (CAGR) of 4.3%. The solder materials market is expected to grow to $2.35 billion in 2027 at a CAGR of 4.0%.
Drivers Trends
The increase in demand from the electronic industry is expected to propel the solder materials market.
Technology advancements are a key trend in the solder materials market.
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Major companies in the market include
Lucas-Milhaupt Inc
Henkel AG & Co. KGaA
Senju Metal Industries Co. Ltd
Koki Company Limited
Tamura Corporation
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