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.

Availability of various products is driving the growth of the MEA solder materials market. Various types of solder products are available for use in different end-use industries, such as electrical & electronics, construction, and bio-medical. These products include solder wire, solder ball, solder bar, solder paste, and flux. Solder wire consists of different types of alloys or pure tin. Each metal mainly requires a certain type of solder wire to create strong bonds, since the combinations of metals that comprise solder wire melt at different temperatures. The most common metals utilized in solder wire are Lead (Pb) as well as Tin (Sn). For electrical & electronics work, solder wire is available in a range of thicknesses for hand-solder and with cores containing flux. Solder paste or solder cream is basically a material used in the manufacturing of printed circuit boards for connecting surface mount components to pads on the board. In an industrial context, the solder bar is hugely utilized in the electronic and electrical industry, which may be of the metal itself or alloy of metals at very low temperatures. Based on usage and percentage of components, there are two types of solder bar called lead-free solder bar and leaded solder bar. Sometimes these bars are called a soft solder bar and hard solder bar. In metallurgy, a flux is known as a chemical cleaning agent, purifying agent, and flowing agent. As for cleaning agents, fluxes mainly facilitate solder, welding, and brazing, by removing oxidation from the different metals to be joined.

Based on product, the wire segment led the MEA solder materials market in 2019. A soldered joint is basically used to attach a wire to the pin of a component on the rear of a printed circuit board. Soft solder basically melts in the range of 190-900°F. Some assemblies require the elimination of lead from the solder owing to its toxicity, and in these cases, some other elements would be substituted for the lead. 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. Steel wire, screwdrivers, nails, and Alan wrenches are all potential tools for emergency solder. For electrical & electronics work, solder wire is available in the market with a range of thicknesses for hand-solder and with cores containing flux. It is further available as a room temperature paste. Jewelers often utilize solder in thin sheets, which they cut into snippets.

Saudi Arabia has the largest number of COVID-19 cases in the Middle East & Africa region, followed by South Africa and UAE. UAE was the first country in MEA to report a confirmed case of COVID-19.

The overall MEA solder materials market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the MEA solder materials market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the MEA solder materials market. Key players operating in the market include Fusion Incorporated, Indium Corporation, Kester, KOKI Company Ltd., and Stannol GmbH & Co. KG.

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