#Solder#Materials Market Size, Share & Trends Analysis Report By Product (Wire, Paste, Bar, Flux), By Process (Screen-printing, Robotic, Laser, Wave/Reflow), By Region, And Segment Forecasts, 2018 - 2025
The global solder materials market size is anticipated to reach USD 1.41 billion by 2025 expanding at a CAGR of 3.4%, according to a new report by Grand View Research, Inc. Rising demand for advanced consumer electronics and resultant rise in gadget repair and refurbishing activities is expected to boost the demand for soldering processes. Introduction of lead-free solders due to stringent regulations against the lead toxicity is expected to propel the industry growth over the forecast period. Rising usage of new solid-state semiconductor technologies in consumer and industrial applications is also anticipated to support the market development.