Over 50% Die Bonding Pastes Sales to Concentrate in Semi-Conductor Packaging and SMT Assembly Sector: Fact.MR
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As per the report, South Oceania and Asia are the major regions contributing to the increased production and consumption of die bonding pastes within semiconductor packaging and SMT assembly industries. Also, the demand from communication industry for applications in consumer electronics is expected to fuel the demand in the upcoming decade.
"Demand for die bonding pastes in countries such as China, Taiwan, and Vietnam is expected to improve the sale at over 5% CAGR through 2021 and beyond," says a Fact.MR analyst.
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Competitive Landscape
Fact.MR has profiled some of the prominent players that include Indium, Henkel Adhesives, Alpha Assembly Solutions, Sumitomo Bakelite, Asahi Solder, AI Technology, Showa Denko Materials Inc., Tamura, Nordson EFD, Shenmao Technology, Inkron, AIM, Heraeu, DoW, and SMIC among others. Aforementioned players are focusing on various organic and inorganic strategies such as collaborations, mergers and product expansion to attract the potential targets in the industry.
For instance, in October 2019, Palomar Technologies announced the launch of range of die attach solutions for advanced photonics, and microelectronic device packaging assembly.
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More Valuable Insights on Die Binding Pastes market
Fact.MR, in its new offering, presents a detailed analysis of the global die binding pastes market. The study divulges essential insights on die binding pastes market on the basis of conductivity (conductive and non-conductive), paste (sintering paste, semi-sintering paste, solder paste, epoxy paste, silver-glass paste), application (SMT assemblies, semiconductor packaging, LED/optoelectronics, and others), end-use industry (consumer electronics, industrial, automotive, medical, and communication), and across major regions of the world (North America, Europe, East Asia, South Asia & Oceania, and RoW).
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