Global Solder Resist Ink Market Growth 2019-2024
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 market concentration degree is relative high with the top seven manufacturer occupied more than 90% market share. Among them, Taiyo, the largest manufacturer of solder resist ink has occupied more than half of the global market.
Japan is the most important supplier of solder resist ink in the global, though its production is lesser than China. But the advanced technology is origin from Japan, because the headquarters of largest manufacturers like Taiyo and TAMURA are located in Japan.
China is the largest supplier and also the largest consumption market of solder resist ink. Though annual production of solder resist ink is very large, PCB manufacturers still need to imported considerable amount of solder resist ink from abroad due to the large consumption volume.
According to this study, over the next five years the Solder Resist Ink market will register a 2.0% CAGR in terms of revenue, the global market size will reach US$ 540 million by 2024, from US$ 480 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.
This report presents a comprehensive overview, market shares, and growth opportunities of Solder Resist Ink market by product type, application, key manufacturers and key regions and countries.
This study considers the Solder Resist Ink value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Photoimageable Solder Resist Ink
Thermal Curable Solder Resist Ink
UV Curable Solder Resist Ink
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Solder Resist Ink consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Solder Resist Ink market by identifying its various subsegments.
Focuses on the key global Solder Resist Ink manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Solder Resist Ink with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Solder Resist Ink submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.