Asia Pacific Ultra-Low Alpha Metals Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (ULA Tin, ULA Tin Alloys, ULA Lead Alloys, ULA Lead-Free Alloys and Others), and Application (Electronics, Automotive, Medical, Telecommunication, and Others)

Code: TIPRE00025273 | Pages: 98 | Industry: Chemicals and Materials | Date: Oct 2021
Covid

Market Introduction

The Asia Pacific ultra-low alpha metals market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. Alpha emission of the material involves decaying of one atom into another, along with the reduction in mass number by four times and atomic number by two. The rate of alpha emission helps to determine the grade of the metal to be used in different applications such as in the production of printed circuit boards (PCBs), circuit boards, semiconductor packaging, and plating. Apart from their use in the semiconductor and electronics industry, these metals are extensively used across medical and defense sectors. The ultra-low alpha metals are significantly used in the development of military equipment and medical devices attributable to their characteristics such as wetting behavior, mechanical properties, and soldering properties. These metals help minimize device malfunctions arising due to the occurrence of soft errors. This makes them suitable to be used in advanced clinical devices and military hardware and equipment. The expanding demand for clinical gadgets is expected to provide impetus to market growth. Moreover, the demand for ultra-low alpha metals is rising in 3D printing, consumer electronics, wearable devices, telecommunication, and aerospace equipment, which is expected to augment the growth of the ultra-low alpha metals market. Further, rapid industrialization and an increase in investment in advanced materials are expected to stimulate market growth. The implementation of the government regulations on use of the unsafe substances is boosting the market growth.  

In Asia Pacific, India reported a huge number of COVID-19 cases, which led to the discontinuation of several business operations, including ultra-low alpha metals manufacturing activities. The disruption in the supply chain with volatility in raw material pricing and sourcing in the initial weeks of lockdown has impacted the industrial products and processes. However, as the economies are planning to revive their operations, the demand for ultra-low alpha metals is expected to rise in Asia Pacific. However, the focus on just-in-time production is another concerning factor hindering market growth. The increasing demand for advanced industrial materials backed by the growth of end-use industries such as electronics, aerospace & defense, automotive, medical, and telecommunication is expected to contribute to the market's growth. Further, significant investments by prominent manufacturers in advancing ultra-low alpha lead-free alloys are expected to drive the ultra-low alpha metals market.


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Market Overview and Dynamics

The ultra-low alpha metals market in Asia Pacific is expected to grow from US$ 1,739.48 million in 2021 to US$ 2,919.91 million by 2028; it is estimated to grow at a CAGR of 7.7% from 2021 to 2028. The players operating in the ultra-low alpha metals market in the region are continuously looking forward to developing new products for a broad range of applications such as consumer electronics, automotive electronics, and medical devices. MacDermid Alpha Electronics Solutions has launched a new ultra-low temperature solder paste that is capable of soldering heat-sensitive components. The company has also launched ultra-low temperature solder and 5G solutions at the Productronica China show. Thus, the growing efforts from the manufacturers, along with an increase in demand from industries such as electronic, semiconductor, and telecommunication, will drive the ultra-low alpha metals market in Asia Pacific.

Key Market Segments

Based on type, the ULA tin alloys segment accounted for the largest share of the Asia Pacific ultra-low alpha metals market in 2020. Based on application, the electronics segment accounted for the largest share of the Asia Pacific ultra-low alpha metals market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Asia Pacific ultra-low alpha metals market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Mitsubishi Materials Corporation; Teck Resources Limited; Pure Technologies; Honeywell International Inc.; Duksan Hi-Metal Co., Ltd. and MacDermid Alpha Electronics Solutions.

Reasons to buy report

  • To understand the Asia Pacific ultra-low alpha metals market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Asia Pacific ultra-low alpha metals market
  • Efficiently plan M&A and partnership deals in Asia Pacific ultra-low alpha metals market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Asia Pacific ultra-low alpha metals market
  • Obtain market revenue forecast for market by various segments from 2019-2028 in Asia Pacific region.



Asia Pacific Ultra-Low Alpha Metals Market Segmentation

Asia Pacific Ultra-Low Alpha Metals Market -By Type

  • ULA Tin
  • ULA Tin Alloys
  • ULA Lead Alloys
  • ULA Lead-Free Alloys and Others

Asia Pacific Ultra-Low Alpha Metals Market -By Application

  • Electronics
  • Automotive
  • Medical
  • Telecommunication
  • Others

Asia Pacific Ultra-Low Alpha Metals Market – By Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific

Asia Pacific Ultra-Low Alpha Metals Market – Company Profiles

  • Mitsubishi Materials Corporation
  • Teck Resources Limited
  • Pure Technologies
  • Honeywell International Inc.
  • Duksan Hi-Metal Co., Ltd.
  • MacDermid Alpha Electronics Solutions  

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection

3.2.2        Primary Interviews

3.2.3        Hypothesis Formulation

3.2.4        Macro-economic Factor Analysis

3.2.5        Developing Base Number

3.2.6        Data Triangulation

3.2.7        Country Level Data

4.           Asia Pacific Ultra-Low Alpha Metals Market Landscape

4.1         Market Overview

4.2         Porter’s Five Forces Analysis

4.2.1        Bargaining Power of Suppliers

4.2.2        Bargaining Power of Buyers

4.2.3        Threat of Substitutes

4.2.4        Threat of New Entrants

4.2.5        Intensity of Competitive Rivalry

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           Ultra-Low Alpha Metals Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Rising Concerns Related to Soft Error Issue

5.1.2        Stringent Government Regulations with Respect to Heavy and Hazardous Materials

5.2         Market Restraints

5.2.1        Volatility in the Prices of Raw Materials

5.3         Market Opportunities

5.3.1        An Upsurge in the Demand for Ultra Low Alpha Metals from Diverse Application Bases

5.4         Future Trends

5.4.1        Heightening Need for ULA Lead-Free Alloys from Automotive Industry

5.5         Impact Analysis of Drivers and Restraints

6.           Ultra-Low Alpha Metals – Asia Pacific Market Analysis

6.1         Ultra-Low Alpha Metals Market Overview

6.2         Ultra-Low Alpha Metals Market –Revenue and Forecast to 2028 (US$ Million)

7.           Asia Pacific Ultra Low Alpha Metals Market Analysis – By Type

7.1         Overview

7.2         Asia Pacific Ultra Low Alpha Metals Market Breakdown, by Type, 2020 & 2028

7.3         ULA Tin

7.3.1        Overview

7.3.2        ULA Tin: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

7.4         ULA Tin Alloys

7.4.1        Overview

7.4.2        ULA Tin Alloys: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

7.5         ULA Lead Alloys

7.5.1        Overview

7.5.2        ULA Lead Alloys: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

7.6         ULA Lead-Free Alloys and Others

7.6.1        Overview

7.6.2        ULA Lead-Free Alloys and Others: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

8.           Asia Pacific Ultra Low Alpha Metals Market Analysis – By Application

8.1         Overview

8.2         Asia Pacific Ultra Low Alpha Metals Market Breakdown, by Application, 2020 & 2028

8.3         Electronics

8.3.1        Overview

8.3.2        Electronics: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Automotive

8.4.1        Overview

8.4.2        Automotive: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Medical

8.5.1        Overview

8.5.2        Medical: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

8.6         Telecommunication

8.6.1        Overview

8.6.2        Telecommunication: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

8.7         Others

8.7.1        Overview

8.7.2        Others: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

9.           Asia Pacific Ultra-Low Alpha Metals Market– Country Analysis

9.1         Asia Pacific: Ultra-Low Alpha Metals Market

9.1.1        Asia Pacific: Ultra-Low Alpha Metals Market, by Key Country

9.1.1.1          Australia: Ultra-Low Alpha Metals Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1          Australia: Ultra-Low Alpha Metals Market, by Type

9.1.1.1.2          Australia: Ultra-Low Alpha Metals Market, by Application

9.1.1.2          China: Ultra-Low Alpha Metals Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1          China: Ultra-Low Alpha Metals Market, by Type

9.1.1.2.2          China: Ultra-Low Alpha Metals Market, by Application

9.1.1.3          India: Ultra-Low Alpha Metals Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1          India: Ultra-Low Alpha Metals Market, by Type

9.1.1.3.2          India: Ultra-Low Alpha Metals Market, by Application

9.1.1.4          Japan: Ultra-Low Alpha Metals Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1          Japan: Ultra-Low Alpha Metals Market, by Type

9.1.1.4.2          Japan: Ultra-Low Alpha Metals Market, by Application

9.1.1.5          South Korea: Ultra-Low Alpha Metals Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1          South Korea: Ultra-Low Alpha Metals Market, by Type

9.1.1.5.2          South Korea: Ultra-Low Alpha Metals Market, by Application

9.1.1.6          Rest of Asia Pacific: Ultra-Low Alpha Metals Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1          Rest of Asia Pacific: Ultra-Low Alpha Metals Market, by Type

9.1.1.6.2          Rest of Asia Pacific: Ultra-Low Alpha Metals Market, by Application

10.        Overview – Impact of COVID-19 on Asia Pacific Ultra-Low Alpha Metals Market

10.1      Impact of COVID-19 on Ultra Low Alpha Metals Market

10.2      Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11.        Company Profiles

11.1      Mitsubishi Materials Corporation

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Products and Services

11.1.4     Financial Overview

11.1.5     SWOT Analysis

11.1.6     Key Developments

11.2      Teck Resources Limited

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Products and Services

11.2.4     Financial Overview

11.2.5     SWOT Analysis

11.2.6     Key Developments

11.3      Pure Technologies

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Products and Services

11.3.4     Financial Overview

11.3.5     SWOT Analysis

11.3.6     Key Developments

11.4      Honeywell International Inc.

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Products and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.4.6     Key Developments

11.5      Duksan Hi-Metal Co., Ltd.

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Products and Services

11.5.4     Financial Overview

11.5.5     SWOT Analysis

11.5.6     Key Developments

11.6      MacDermid Alpha Electronics Solutions

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Products and Services

11.6.4     Financial Overview

11.6.5     SWOT Analysis

11.6.6     Key Developments

12.        Appendix

12.1      About The Insight Partners

             12.2      Glossary

LIST OF TABLES

Table 1.             Asia Pacific: Ultra-Low Alpha Metals Market–Revenue and Forecast to 2028 (US$ Million)

Table 2.             Australia Ultra-Low Alpha Metals Market, by Type– Revenue and Forecast to 2028 (USD Million)

Table 3.             Australia Ultra-Low Alpha Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 4.             China Ultra-Low Alpha Metals Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 5.             China Ultra-Low Alpha Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 6.             India Ultra-Low Alpha Metals Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 7.             India Ultra-Low Alpha Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 8.             Japan Ultra-Low Alpha Metals Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 9.             Japan Ultra-Low Alpha Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 10.          South Korea Ultra-Low Alpha Metals Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 11.          South Korea Ultra-Low Alpha Metals Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 12.          Rest of Asia Pacific Ultra-Low Alpha Metals Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 13.          Rest of Asia Pacific Ultra-Low Alpha Metals Market, by Application – Revenue and Forecast to 2028  (USD Million)

Table 14.          Glossary of Terms, Asia Pacific Ultra-low alpha metals Market

LIST OF FIGURES

Figure 1.           Asia Pacific Ultra-Low Alpha Metals Market Segmentation

Figure 2.           Ultra-Low Alpha Metals Market Segmentation – By Country

Figure 3.           Ultra-Low Alpha Metals Market Overview

Figure 4.           Electronic Segment Held Largest Share of Electronics Market

Figure 5.           China Held Largest Share of Ultra-Low Alpha Metals Market

Figure 6.           Ultra-Low Alpha Metals Market, Industry Landscape

Figure 7.           Porter ‘s Five Forces Analysis for Ultra Low Alpha Metals Market

Figure 8.           Ultra-Low Alpha Metals Market– Ecosystem Analysis

Figure 9.           Expert Opinion

Figure 10.        Ultra-Low Alpha Metals Market Impact Analysis of Drivers and Restraints

Figure 11.        Asia Pacific: Ultra-Low Alpha Metals Market – Revenue and Forecast To 2028 (US$ Million)

Figure 12.        Asia Pacific Ultra Low Alpha Metals Market Breakdown, by Type, 2020 & 2028

Figure 13.        ULA Tin: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        ULA Tin Alloys: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        ULA Lead Alloys: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        ULA Lead-Free Alloys and Others: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Asia Pacific Ultra Low Alpha Metals Market Breakdown, by Application, 2020 & 2028

Figure 18.        Electronics: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Automotive: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Medical: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Telecommunication: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Others: Ultra Low Alpha Metals Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Asia Pacific: Ultra-Low Alpha Metals Market, by Key Country – Revenue (2020) (USD Million)

Figure 24.        Asia Pacific: Ultra-Low Alpha Metals Market Revenue Share, by Key Country (2020 and 2028)

Figure 25.        Australia: Ultra-Low Alpha Metals Market –Revenue and Forecast to 2028 (US$ Million)

Figure 26.        China: Ultra-Low Alpha Metals Market –Revenue and Forecast to 2028 (US$ Million)

Figure 27.        India: Ultra-Low Alpha Metals Market –Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Japan: Ultra-Low Alpha Metals Market –Revenue and Forecast to 2028 (US$ Million)

Figure 29.        South Korea: Ultra-Low Alpha Metals Market –Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Rest of Asia Pacific: Ultra-Low Alpha Metals Market –Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Impact of COVID-19 Pandemic in Asia-Pacific
  1. Mitsubishi Materials Corporation
  2. Teck Resources Limited
  3. Pure Technologies
  4. Honeywell International Inc.
  5. Duksan Hi-Metal Co., Ltd.
  6. MacDermid Alpha Electronics Solutions
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific ultra-low alpha metals market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific ultra-low alpha metals market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific ultra-low alpha metals market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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