North America 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: TIPRE00025270 | Pages: 84 | Industry: Chemicals and Materials | Date: Oct 2021
Covid

Market Introduction

The North America 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 North America, the US 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 North America. 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 North America is expected to grow from US$ 734.77 million in 2021 to US$ 1,178.12 million by 2028; it is estimated to grow at a CAGR of 7.0% from 2021 to 2028. The increase in the development of the medical industry in North America is one of the reasons driving the ultra-low alpha metals market in the region. Advances in medical technology and the increase in population have fueled the demand for ultra-low alpha metals in the medical industry. The automotive industry's tremendous growth in North America further contributes to the development of the ultra-low alpha metals market in the region. The US has one of the largest automotive marketplaces. Mexico is the largest passenger vehicle manufacturer, and the automotive industry in the country is growing. The key players operating in the North American ultra-low alpha metals market include MITSUBISHI MATERIALS Corporation, Pure Technologies, Honeywell International Inc., and MacDermid Alpha Electronics Solutions. These players focus on research and development activities to offer innovative products to the industries, thereby driving the ultra-low alpha metals market in North America.

Key Market Segments

Based on type, the ULA lea-free alloys and others segment accounted for the largest share of the North America ultra-low alpha metals market in 2020. Based on application, the electronics segment accounted for the largest share of the North America 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 North America 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. and MacDermid Alpha Electronics Solutions.

Reasons to buy report

  • To understand the North America 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 North America ultra-low alpha metals market
  • Efficiently plan M&A and partnership deals in North America 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 North America ultra-low alpha metals market
  • Obtain market revenue forecast for market by various segments from 2019-2028 in North America region.



North America Ultra-Low Alpha Metals Market Segmentation

North America Ultra-Low Alpha Metals Market -By Type

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

North America Ultra-Low Alpha Metals Market -By Application

  • Electronics
  • Automotive
  • Medical
  • Telecommunication
  • Others

North America Ultra-Low Alpha Metals Market – By Country

  • US
  • Canada
  • Mexico

North America Ultra-Low Alpha Metals Market – Company Profiles

  • Mitsubishi Materials Corporation
  • Teck Resources Limited
  • Pure Technologies
  • Honeywell International Inc.
  • 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.           North America 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        Rise in Concerns Towards Soft Error Issue

5.1.2        Stringent Government Regulations on the Use of Heavy and Hazardous Materials

5.2         Market Restraints

5.2.1        Fluctuating Prices of Raw Materials

5.3         Market Opportunities

5.3.1        Rising Demand for Ultra Low Alpha Metals from Diverse Application Bases

5.4         Future Trends

5.4.1        Growing Demand for ULA Lead-Free Alloys from Automotive Industry

5.5         Impact Analysis of Drivers and Restraints

6.           Ultra-Low Alpha Metals – North America 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.           North America Ultra Low Alpha Metals Market Analysis – By Type

7.1         Overview

7.2         North America 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.           North America Ultra Low Alpha Metals Market Analysis – By Application

8.1         Overview

8.2         North America 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.           North America Ultra-Low Alpha Metals Market– Country Analysis

9.1         North America: Ultra-Low Alpha Metals Market

9.1.2        North America: Ultra-Low Alpha Metals Market, by Key Country

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

9.1.2.1.1          US: Ultra-Low Alpha Metals Market, by Type

9.1.2.1.2          US: Ultra-Low Alpha Metals Market, by Application

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

9.1.2.2.1          Canada: Ultra-Low Alpha Metals Market, by Type

9.1.2.2.2          Canada: Ultra-Low Alpha Metals Market, by Application

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

9.1.2.3.1          Mexico: Ultra-Low Alpha Metals Market, by Type

9.1.2.3.2          Mexico: Ultra-Low Alpha Metals Market, by Application

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

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

10.2      North America: 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     roducts and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.4.6     Key Developments

11.5      MacDermid Alpha Electronics Solutions

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

12.        Appendix

12.1      About The Insight Partners

             12.2      Glossary

LIST OF TABLES

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

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

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

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

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

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

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

Table 8.            Glossary of Terms, North America Ultra-Low Alpha Metals Market

LIST OF FIGURES

Figure 1.           North America 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.           US 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.        North America: Ultra-Low Alpha Metals Market – Revenue and Forecast To 2028 (US$ Million)

Figure 12.        North America 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.        North America 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.        North America: Ultra-Low Alpha Metals Market, by Key Country – Revenue (2020) (USD Million)

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

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

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

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

Figure 28.       Impact of COVID-19 Pandemic in North America  
  1. Mitsubishi Materials Corporation
  2. Teck Resources Limited
  3. Pure Technologies
  4. Honeywell International Inc.
  5. MacDermid Alpha Electronics Solutions
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