Benefiting from the development of the semiconductor industry, domestic solder paste market demand has grown steadily

Solder paste is a paste-like mixture produced by mixing solder powder, flux and surfactant. It is a kind of welding material. Solder paste is mainly used in the fields of printed circuit boards and integrated circuit packaging, and is used in the soldering of electronic devices such as ICs and resistors. In recent years, with the transfer of downstream integrated circuit packaging, semiconductor packaging and electronic LED packaging industries to my country, the solder paste industry has developed.

Thanks to the rapid development of my country’s semiconductor and integrated circuit industries in recent years, my country’s solder paste market demand has continued to rise. In 2020, my country’s solder paste sales reached 13,000 tons, an increase of about 10% year-on-year. Driven by demand, domestic solder paste production has also grown steadily. In 2020, my country’s solder paste production was 14,000 tons, a year-on-year increase of 11%. The overall trend of my country’s solder paste production and demand is good, driving the market size to continue to rise. In 2020, my country’s solder paste market size will be approximately 3.3 billion yuan, showing an overall growth trend.

According to the “China Solder Paste Industry Market In-depth Research and Development Prospects Forecast Report 2021-2026” released by the Industrial Research Center, and Globally, the global solder paste market demand in 2019 was approximately 25,000 tons, and the market size was approximately US$7 million. It is expected that driven by the development of terminal industries in the future, the global solder paste market demand will still show a steady growth trend, reaching 27,000 tons by 2025, when the market size will be approximately US$7.25 million.

With the high-end and refined development of the electronics industry and the implementation of environmental protection policies in various countries around the world, the solder paste industry is gradually developing in the direction of high-end, green, and environmental protection. In the future, lead-free solder paste will become the market development trend. Compared with lead-based solder paste, the cost of lead-free solder paste is relatively high and its implementation is slow. However, since solder paste is an essential material in the packaging process of the electronics industry, there is currently no product that can completely replace it. Therefore, in order to adapt to terminal needs in the future, the solder paste industry is bound to develop in the direction of excellent performance and green environmental protection.

Solder paste is a relatively mature industry. Currently, China is the main demand and production market for solder paste, accounting for about 53% of the global market share. The demand for solder paste in Southeast Asia is also showing a growing trend, and there will be greater development opportunities in this region in the future. In countries and regions such as the United States and Europe, the electronics industry is relocating and the demand for solder paste is low. In terms of production, the world’s major solder paste manufacturers include Senju Metal Industry Co., Ltd., MacDermid Alpha, and Heraeus of Germany. The market share of the above three companies is approximately 46%.

Industry analysts said that solder paste is mainly used in the packaging process of the electronics industry. In recent years, as the global semiconductor industry has expanded to mainland China, Transferring, my country’s solder paste market demand has grown steadily, becoming the world’s largest solder paste market. In terms of production, there are many domestic solder paste manufacturers, but there are few companies with market influence. The global market is mainly dominated by foreign companies.