Ultra-Low Alpha Metal Market, Revenue Growth, Key Factors, Major Companies, Forecast To 2026 www.reportsanddata.com
Development in automotive and aviation industries, rise in demand for products free from hazardous substances, and diverse applicability of ultra-low alpha metal are significant factors promoting the ultra-low alpha metal market.
The Global Ultra-low alpha metal market is forecast to reach USD 5.10 Billion by 2026, according to a new report by Reports and Data.
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Market Size – USD 2.90 Billion in 2018, Market Growth - CAGR of 7.25%, Market Trends –The rise in demand for products free from hazardous substances.
Further key findings from the report suggest The ultra-low alpha metal market held a market share of USD 2.90 Billion in the year 2018. It is forecasted to grow at a rate of 7.25% during the forecast period. Diversity of application of ultra-low alpha metal ranges from medical, automotive & transportation, and telecommunication, among others. Variety in its use is one of the primary reasons for market expansion of this sector. Rising awareness about the adverse impact of hazardous substances like lead has resulted in the smallest market share being occupied by ULA Lead Alloys, that holds 10% of the market share in 2018. In regards to the distribution channel, direct sales segment dominates the market. It occupied 65% of the market share in the year 2018 with the highest growth rate of 7.46% during the forecast period. Factors like the preference of consumers to buy from direct sellers and to buy such products in large amount have contributed to its market dominance. Among the different end-users of ultra-low alpha metal, electronics segment can be seen to occupy the largest market share of 30% in the year 2018 with a growth rate of 7.69% during the forecast period. Factors like applicability of ultra-low alpha metal market in soldering, and circuit formation have contributed to its market dominance. Key participants include Alpha Assembly Solutions, Honeywell International Inc, DUKSAN Hi-Metal Co., Ltd, Teck Resources, Indium Corporation, Pure Techonologies, STANNOL GMBH, AIM Metals & Alloys LP, Blume Elektronik Distribution GmbH, Mitsubishi Materials Corporation.
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Market Summary
Market Summary
Raw materials Type Outlook (Revenue, USD Billion; 2016-2026) (Kilo Tons) Tin Silver Copper Lead
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Product type Outlook (Revenue, USD Billion; 2016-2026) (Kilo Tons) ULA Lead-free Alloys ULA Tin Alloys ULA Lead Alloys ULA Tin
Market Summary North America U.S. Europe UK France Asia Pacific China India Japan MEA Latin America Brazil
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Regional Outlook (Revenue, USD Billion; 2016-2026) (Kilo Tons)
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