Market Overview:
The global solder sticks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electronic products and automotive components, and rising adoption of lead-free soldering technology. In terms of type, aluminum solder sticks are expected to witness higher growth than tin or lead solder sticks during the forecast period. This is due to their high thermal conductivity and low melting point, which makes them suitable for use in applications that require high-temperature soldering. By application, the electronic industry is expected to account for a major share of the global solder sticks market during the forecast period.
Product Definition:
Solder sticks are small pieces of solder that are melted in order to join two metal objects together. Solder is a type of metal that has a low melting point, which makes it easy to melt and join metals together.
Aluminum Solder Sticks:
Aluminum solder sticks are small pieces of aluminum foil with a thin layer of copper on one or both sides. The purpose is to provide an extra connection for the electric circuit and make it strong enough to withstand high voltage. It also helps in providing heat-sink effect, which prevents damage to other components present inside the circuit.
The product has gained popularity among hobbyists.
Tin Solder Sticks:
Solder sticks are used in electronics assembly for soldering of components and wires. It is a pre-formulated paste that is applied to the component to be soldered and then it flows with the help of water or liquid solder onto the PCB (Printed Circuit Board). The solder stick consists of fine particles which contain tin along with other metals such as bismuth, lead, silver, copper or alloy which helps in better heat distribution during soldering.
Application Insights:
Electronic industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growing electronics industry across the globe is one of the key factors driving demand for solder sticks. Rapidly expanding telecommunication sector in developing countries like India, China and Brazil is also a favorable factor for market growth.
Automobile manufacturing sector has witnessed significant growth over past few years owing to rising disposable income among consumers, especially in emerging markets of Asia Pacific and Latin America. This trend is expected to continue during forecast period with more intensity as various governments are encouraging investments through low interest loans provided by banks at affordable rates. Moreover, stringent regulations regarding environment protection have compelled automobile manufacturers to adopt fuel efficient vehicles which are manufactured using lead-free solder technology which will further propel demand over next few years.
Regional Analysis:
Asia Pacific dominated the global solder sticks market in 2017. The region is expected to continue its dominance over the next eight years due to presence of large electronics manufacturing companies such as Wistron Corporation, Quanta Computer Inc., and Hon Hai Precision Industry Company Ltd. In addition, rapid growth of other industries such as automotive and machinery are also anticipated to drive demand for solders in Asia Pacific region.
Europe accounted for a significant share owing to high production volume of automobiles and electronic products coupled with growing application scope within various end-use industries across countries including Germany, France, Italy, U.K.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for solder sticks as a replacement to traditional soldering methods.
- Rising popularity of lead-free solder sticks, which are environment-friendly and do not contain harmful chemicals like lead.
- Growing demand for miniaturized electronic devices that have smaller form factors and require more precision in soldering operations.
- Proliferation of online shopping platforms and e-commerce websites that offer a wide range of solder sticks products at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solder Sticks Market Research Report
By Type
Aluminum Solder Sticks, Tin Solder Sticks, Lead Solder Sticks
By Application
Electronic Industry, Automobile, Mechiney Manufacturing Industry, Other
By Companies
Cigweld, Lincoln Electric, Sandvik Materials Technology, Miller Welding, The Harris Products Group, Shree Pummy Solder Wire, Aniket Metal Industries, Shital Metals, Khandelwal Industries, ManDirk (Pty) Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Solder Sticks Market Report Segments:
The global Solder Sticks market is segmented on the basis of:
Types
Aluminum Solder Sticks, Tin Solder Sticks, Lead Solder Sticks
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic Industry, Automobile, Mechiney Manufacturing Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cigweld
- Lincoln Electric
- Sandvik Materials Technology
- Miller Welding
- The Harris Products Group
- Shree Pummy Solder Wire
- Aniket Metal Industries
- Shital Metals
- Khandelwal Industries
- ManDirk (Pty) Ltd
Highlights of The Solder Sticks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aluminum Solder Sticks
- Tin Solder Sticks
- Lead Solder Sticks
- By Application:
- Electronic Industry
- Automobile
- Mechiney Manufacturing Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Solder Sticks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Solder sticks are a type of wire that is used to join two pieces of metal together. They are made from a thin, silver-colored wire that has been twisted into a long, thin strip.
Some of the key players operating in the solder sticks market are Cigweld, Lincoln Electric, Sandvik Materials Technology, Miller Welding, The Harris Products Group, Shree Pummy Solder Wire, Aniket Metal Industries, Shital Metals, Khandelwal Industries, ManDirk (Pty) Ltd.
The solder sticks market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solder Sticks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solder Sticks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solder Sticks Market - Supply Chain
4.5. Global Solder Sticks Market Forecast
4.5.1. Solder Sticks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solder Sticks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solder Sticks Market Absolute $ Opportunity
5. Global Solder Sticks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Solder Sticks Market Size and Volume Forecast by Type
5.3.1. Aluminum Solder Sticks
5.3.2. Tin Solder Sticks
5.3.3. Lead Solder Sticks
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solder Sticks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Solder Sticks Market Size and Volume Forecast by Application
6.3.1. Electronic Industry
6.3.2. Automobile
6.3.3. Mechiney Manufacturing Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solder Sticks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Solder Sticks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Solder Sticks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Solder Sticks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Solder Sticks Demand Share Forecast, 2019-2026
9. North America Solder Sticks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Solder Sticks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Solder Sticks Market Size and Volume Forecast by Application
9.4.1. Electronic Industry
9.4.2. Automobile
9.4.3. Mechiney Manufacturing Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solder Sticks Market Size and Volume Forecast by Type
9.7.1. Aluminum Solder Sticks
9.7.2. Tin Solder Sticks
9.7.3. Lead Solder Sticks
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Solder Sticks Demand Share Forecast, 2019-2026
10. Latin America Solder Sticks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Solder Sticks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Solder Sticks Market Size and Volume Forecast by Application
10.4.1. Electronic Industry
10.4.2. Automobile
10.4.3. Mechiney Manufacturing Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solder Sticks Market Size and Volume Forecast by Type
10.7.1. Aluminum Solder Sticks
10.7.2. Tin Solder Sticks
10.7.3. Lead Solder Sticks
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Solder Sticks Demand Share Forecast, 2019-2026
11. Europe Solder Sticks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Solder Sticks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Solder Sticks Market Size and Volume Forecast by Application
11.4.1. Electronic Industry
11.4.2. Automobile
11.4.3. Mechiney Manufacturing Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solder Sticks Market Size and Volume Forecast by Type
11.7.1. Aluminum Solder Sticks
11.7.2. Tin Solder Sticks
11.7.3. Lead Solder Sticks
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Maret Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Solder Sticks Demand Share, 2019-2026
12. Asia Pacific Solder Sticks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Solder Sticks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Solder Sticks Market Size and Volume Forecast by Application
12.4.1. Electronic Industry
12.4.2. Automobile
12.4.3. Mechiney Manufacturing Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solder Sticks Market Size and Volume Forecast by Type
12.7.1. Aluminum Solder Sticks
12.7.2. Tin Solder Sticks
12.7.3. Lead Solder Sticks
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Solder Sticks Demand Share, 2019-2026
13. Middle East & Africa Solder Sticks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Solder Sticks Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Solder Sticks Market Size and Volume Forecast by Application
13.4.1. Electronic Industry
13.4.2. Automobile
13.4.3. Mechiney Manufacturing Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solder Sticks Market Size and Volume Forecast by Type
13.7.1. Aluminum Solder Sticks
13.7.2. Tin Solder Sticks
13.7.3. Lead Solder Sticks
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Solder Sticks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solder Sticks Market: Market Share Analysis
14.2. Solder Sticks Distributors and Customers
14.3. Solder Sticks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cigweld
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lincoln Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sandvik Materials Technology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Miller Welding
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. The Harris Products Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shree Pummy Solder Wire
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aniket Metal Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shital Metals
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Khandelwal Industries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ManDirk (Pty) Ltd
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook