South America Solder Materials Market is expected to reach US$ 146.59 Mn in 2030

Wave/Reflow Segment to Dominate South America Solder Materials Market during 2020–2030

According to The Insight Partners market research study on “SAM Solder Materials Market to 2030 – Covid-19 Impact and Analysis - By Product (Wire, Paste, Bar, Flux, and Others), and Process (Screen-printing, Robotic, Laser, Wave/Reflow),” is expected to reach US$ 146.59 million by 2030 from US$ 104.70 million in 2019. The market is estimated to grow at a CAGR of 3.2% from 2020 to 2030. The report provides trends prevailing in the SAM solder material market along with the drivers and restraints pertaining to the market growth. Various products are available for use as well as an exponential growth in the demand from the electronic industry is going to drive the SAM solder materials market. However, issues associated with imposition of various regulations by authorities on solder materials may hinder the growth of SAM solder materials market.

The market for SAM solder materials market is segmented into product, process and country. Based on product, the market is segmented into wire, paste, flux, bar and others. In 2019, the wire segment held the largest share in SAM solder materials market. Based on process the SAM solder materials market is divided into wave/reflow, screen printing, laser, and robotic. Robotic is expected to be the fastest growing segment over the forecast period. Furthermore in this present scenario of COVID 19 pandemic, the SAM solder materials market has been facing difficulties as most of the industries are facing severe impacts by the outbreak of COVID-19, and the virus critically affected several countries such as Brazil and Argentina among others. The majority of the countries have imposed lockdown or restricted human movement causing the industries to face a severe impact on production as a result of less labor footfall.

Fusion Incorporated, Indium Corporation, Kester, KOKI Company Ltd, and Tamura Corporation, are among the leading companies in the SAM solder materials market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2018, Indium Corporation and MEL Systems and Services Ltd. (MELSS) formed a strategic partnership to expand accessibility to Indium Corporation solder materials throughout India

SAM Solder Materials Market, By Country, 2019 and 2030 (%)

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South America Solder Materials Market to Grow at a CAGR of 3.2% to reach US$ 146.59 Million from 2020 to 2030

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South America Solder Materials Market Forecast to 2030 - COVID-19 Impact and Regional Analysis By Product (Wire, Paste, Bar, Flux, and Others), and Process (Screen-printing, Robotic, Laser, Wave/Reflow

The report segments the SAM solder materials market as follows:

SAM solder materials market, by Product

• Wire
• Paste
• Bar
• Flux
• Others

SAM solder materials market, by Process

• Screen-Printing
• Robotic
• Laser
• Wave/Reflow

SAM solder materials market – By Country

• Argentina
• Brazil
• Rest of SAM