Global Liquid No-Clean Flux Market was valued at USD 0.4 Billion in 2022 and is projected to reach USD 0.6 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The Liquid No-Clean Flux Market is experiencing significant growth, driven by its essential role in the electronics manufacturing industry. Liquid no-clean flux is a chemical compound used during soldering to facilitate the joining of metal surfaces. Unlike traditional fluxes, no-clean fluxes leave minimal residues that do not require cleaning, thereby reducing production time and costs. This characteristic makes them particularly valuable in high-speed, automated manufacturing environments.
In 2023, the global liquid flux market was valued at approximately $185.6 million and is projected to reach $380.8 million by 2033, growing at a compound annual growth rate (CAGR) of 7.1%. This growth is attributed to the increasing adoption of electronic components across various industries, including automotive, telecommunications, and consumer electronics. The demand for reliable solder joints, which liquid no-clean fluxes help achieve, is a key driver of this market expansion.
Alcohol-based liquid fluxes are projected to hold a market share of 77.4% in 2022, with no-clean liquid fluxes accounting for 62.4% of the market share. The automotive industry, with leading manufacturers such as Tesla, Ford, and GM Motors, is a significant consumer of liquid flux. These companies utilize fluxes for soldering radiators, electronics, and wire harnesses, as well as for general brazing work and welding muffler tubes. The growing demand for electric vehicles is expected to further boost the need for liquid flux in the automotive sector.
In the electronics sector, liquid no-clean fluxes are crucial for preparing semiconductor surfaces for soldering and removing foreign particles that can affect product quality. South Korea, a leading semiconductor producer, exported over $600 billion worth of semiconductors in 2021, indicating a substantial demand for liquid fluxes in the region.
Advancements in flux formulations are anticipated to drive market growth in the long term. Ongoing research and development efforts by flux manufacturers have led to the introduction of advanced flux formulations, further propelling the market's expansion.
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Indium Corporation
Superior Flux
Henkel
MacDermid Alpha Electronics Solutions
BLT Circuit Services
BBIEN
AIM Solder
Kester
FCT Solder
Inventec
KOKI
Metallic Resources
IMDES Creative Solutions
Asahi Chemical Research Laboratory
Balver Zinn Josef Jost
Shenmao
Canfield Technologies
Stannol
Premier Industries
Tongfang Electronic New Material
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Liquid No-Clean Flux Market
Consumer Electronics
Automotive
Telecommunication
Others
Based on Types the Market is categorized into Below types that held the largest Liquid No-Clean Flux market share In 2023.
Low Residue
Extremely Low Residue
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Liquid No-Clean Flux Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Liquid No-Clean Flux Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Liquid No-Clean Flux Market, By Type
6. Global Liquid No-Clean Flux Market, By Application
7. Global Liquid No-Clean Flux Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Liquid No-Clean Flux Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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