Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Solder Sticks Market by Type (Aluminum Solder Sticks, Tin Solder Sticks, Lead Solder Sticks), By Application (Electronic Industry, Automobile, Mechiney Manufacturing Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Solder Sticks Market by Type (Aluminum Solder Sticks, Tin Solder Sticks, Lead Solder Sticks), By Application (Electronic Industry, Automobile, Mechiney Manufacturing Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 213475 3300 Chemical & Material 377 243 Pages 4.8 (36)
                                          

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.


Global Solder Sticks Industry Outlook


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:

  1. Cigweld
  2. Lincoln Electric
  3. Sandvik Materials Technology
  4. Miller Welding
  5. The Harris Products Group
  6. Shree Pummy Solder Wire
  7. Aniket Metal Industries
  8. Shital Metals
  9. Khandelwal Industries
  10. ManDirk (Pty) Ltd

Global Solder Sticks Market Overview


Highlights of The Solder Sticks Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Aluminum Solder Sticks
    2. Tin Solder Sticks
    3. Lead Solder Sticks
  1. By Application:

    1. Electronic Industry
    2. Automobile
    3. Mechiney Manufacturing Industry
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global Solder Sticks Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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