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Lead-Free Solder Balls Market to receive overwhelming hike in Revenues by 2025
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Based on product type, solder balls market can be segmented into lead solder balls and lead-free solder balls. Lead solder balls are solder balls that contain lead based alloy, while lead-free solder balls do not contain lead alloy. Examples of lead-free alloys include tin-silver-copper alloy and tin-silver-copper-nickel alloy. Currently, demand for lead-free solder balls is increasing across the globe due to the various side-effects caused by lead solder balls. Lead is a basic constituent in the traditional solder process. It is generally used to lower the melting point of the solder. Lead based solder balls offer high reliability due to their strong mechanical properties. They are used to assemble printed circuit boards in electronics equipment. Lead based products are more economical compared to other alloy types. They also offer high efficiency. However, of late, lead solder balls have been causing environmental issues such as environmental pollution and threat to human health. Thus, its usage has been restricted in electronic products. Lead can cause adverse effects in blood, kidneys, and nervous, immune, and cardiovascular systems in human beings. It is also regarded as a probable human carcinogen. Lead used in solder is included among the hazardous substances by the European Union. RoHS, which originated in the European Union, restricts the usage of hazardous materials in electrical and electronic products. This is estimated to adversely affect the demand for lead based solder balls. Therefore, manufacturers are shifting toward lead-free solder balls.
The United States Environmental Protection Agency (EPA) published a life-cycle assessment of the environmental impacts of lead-free solder balls used in electronic products. This assessment allows the industry to redirect efforts toward products and processes that reduce solders’ environmental footprint, including energy consumption; release of toxic chemicals; and potential risks to human health and the environment.
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Key players operating in lead-free solder balls market include Indium Corporation, Matsuo Handa Co. Ltd., Senju Metal Industry Co. Ltd., and Duksan Hi-Metal Co. Ltd.
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