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Countless individuals rely on consumer electronics, from laptops to microwaves, all housing circuit boards. These PCBs, with their metal surfaces exposed to air, are prone to oxide and impurity formation. Such impurities can hinder the creation of quality solder joints.
Enter solder flux: it cleans the PCB surface, removing pesky metal oxides and preventing re-oxidation during soldering by adjusting the molten solder's surface tension. Hence, as PCB production ramps up, so does the market.
Yet, challenges loom. Rosin-based fluxes, while commonly used, emit visible fumes during soldering. These fumes pose health risks, potentially leading to skin sensitization and respiratory issues like asthma. Such concerns elevate Rosin to the status of a significant occupational health hazard. In response, the Occupational Safety and Health Administration (OSHA) has instituted strict regulations on its use, confining it to controlled areas and, in turn, dampening the market's demand.
The rosin-based solder flux market will record USD 139.5 million by 2032, owing to its reliability and performance in traditional soldering tasks.
Asia Pacific industry is projected to achieve USD 232 million by 2032, as it stands as the epicenter for electronic components and consumer electronics.
Global market size for solder flux achieved USD 225 million in 2023 and will grow at 6% CAGR from 2024 to 2032, driven by a proliferating electronics sector.
Henkel, PREMIER INDUSTRIES, MacDermid Alpha Electronics Solutions, Indium Corporation, INVENTEC PERFORMANCE CHEMICALS, KOKI Company Ltd, and La-Co Industries Inc among others.