According to a new research study by Transparency Market Research (TMR), the rivalry between Johnson Matthey, Henkel AG & Co. KgaA, Heraeus Holding, and Kester define the competitive landscape of the global market for solder flux . A large number of established players with state-of-art technical capabilities operate in this highly fragmented market. These players mostly benefit from their experience as they have gained proficiency in producing solder flux for electrical and electronic equipment. Going forward, they would engage more in mergers, acquisitions, and partnerships, which is likely to curtail the competition within this market a little in the near future, notes the study. TMR estimates the global market for solder flux offered an opportunity worth US$213.2 mn in 2015. Rising at a CAGR of 6.30% during the period from 2016 to 2024, the value of this market is likely to touch US$367.3 mn by the end of the forecast period. The demand for solder flux has been ...
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