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Global Solder Resist Ink Market to Witness a Pronounce Growth During 2024– Top Key players like TAIYO,TAMURA,Rongda,Inc.
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Solder Resist Ink (Solder mask) is a lacquer-like layer of polymer that provides a permanent protective coating for the copper traces of a printed circuit board (PCB) and prevents solder from bridging between conductors, thereby preventing short circuits. And also, the biggest advantage you get with solder mask is that soldering gets much easier, as solder doesn't spread everywhere and gets confined to the pads, making things much easier and reliable. Created primarily to facilitate wave soldering, it was well used in mass assembly. Green is its traditional color but now many colors are available.
The global average price of Solder Resist Ink is in the decreasing trend, from 7859 USD/MT in 2014 to 7377 USD/MT in 2018. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Solder Resist Ink includes Photoimageable SRI, UV Curable SRI and Thermal Curable SRI. Photoimageable SRI accounted for the largest share, about 82% of the overall Solder Resist Ink market, based on battery type, in 2018.
China is expected to be the largest market for Solder Resist Ink during the forecast period. The Solder Resist Ink market in this region is primarily driven by the growing demand for electronic production, especially smartphone and other smart terminals industries.
According to this study, over the next five years the Solder Resist Ink market will register a 2.5% CAGR in terms of revenue, the global market size will reach US$ 610 million by 2024, from US$ 540 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Solder Resist Ink business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
TAIYO
TAMURA
Rongda
Kuangshun
Hitachi Chemical
Huntsman
Market Segment by Type, covers
Photoimageable SRI
UV Curable SRI
Thermal Curable SRI
Market Segment by Applications, can be divided into
Computers
Communications
Consumer Electronics
IC Packaging
Others
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Related Information:
North America Solder Resist Ink Market Growth 2019-2024
United States Solder Resist Ink Market Growth 2019-2024
Asia-Pacific Solder Resist Ink Market Growth 2019-2024
Europe Solder Resist Ink Market Growth 2019-2024
EMEA Solder Resist Ink Market Growth 2019-2024
Global Solder Resist Ink Market Growth 2019-2024
China Solder Resist Ink Market Growth 2019-2024
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