The worldwide Solder Resist Ink market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
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.
s the report focuses on global Solder Resist Ink market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In market segmentation by manufacturers, the report covers the following companies-
TAIYO
TAMURA
Rongda
Kuangshun
Hitachi Chemical
Huntsman
In market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types covers:
Photoimageable SRI
UV Curable SRI
Thermal Curable SRI
In market segmentation by applications :
Computers
Communications
Consumer Electronics
IC Packaging
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Solder Resist Ink market for the forecast period 2020 - 2025?
• What are the driving forces in the Solder Resist Ink market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Solder Resist Ink industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?