The global UV solder mask ink market is expected to reach US$914 million in 2029

Published Date: Monday,15 Jan,2024

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biaoQian UV Solder Mask Ink

UV Solder Mask Ink Market Summary

UV solder mask ink is a special ink mainly used in printed circuit board (PCB) manufacturing. It quickly solidifies and hardens after exposure to ultraviolet light to form a protective film to protect the metal lines on the circuit board. Not subject to interference and corrosion from the external environment. It has the characteristics of fast curing, high hardness, excellent chemical stability and flame retardant properties, which can improve manufacturing efficiency, quality assurance and environmental protection, and is widely used in the electronic manufacturing industry.

UV Solder Mask Ink

According to the latest research report from GlobalInfoResearch, the global UV solder mask ink market is expected to reach US$914 million in 2029, with a compound annual growth rate of 5.96% in the next few years.

  • Global UV Solder Mask Ink MarketSize(US$ Million), 2018-2029

 UV Solder Mask Ink Market Size

Source: GlobalInfoResearch, “Global UV Solder Mask Ink Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

Market Drivers:

  1. Rapid development of the electronics industry: As the demand for electronic products continues to grow and technology continues to innovate, the electronics industry's demand for high-performance solder mask materials has also increased accordingly, promoting the development of the UV Solder Mask Ink market.
  2. Pursue high quality and reliability: In the manufacturing of electronic products, the quality and reliability of circuit boards are extremely high. With its excellent physical properties, such as high hardness, resistance to chemical corrosion and flame retardant properties, UV curable solder mask inks can provide a high-quality protective layer to meet the market's demand for high quality and reliability.
  3. Demand for efficient production: The electronics manufacturing field has high requirements on production efficiency and production cycle. UV Solder Mask Ink has fast curing characteristics and can be quickly cured by irradiation with ultraviolet light, thereby achieving a rapid coating and curing process and improving production efficiency.
  4. Environmental protection demand: As environmental awareness increases, the demand for environmentally friendly products is also increasing. Compared with traditional heat-curing solder mask inks, UV-cured solder mask inks have environmentally friendly properties such as solvent-free and low VOC emissions, which meet environmental protection requirements and are favored by the market.
  5. Continuous technological innovation: UV curing technology continues to innovate and develop, such as the introduction of new materials, upgrades of UV light sources, etc., which have further improved the performance and application of UV Solder Mask Inks, providing the market with more choices and Chance.

Restraint:

  1. Technical threshold: The application of UV Solder Mask Ink requires certain technical and professional knowledge, including equipment operation, curing control and quality management. For some users who lack relevant technical support and talents, they may face technical threshold challenges.
  2. Market awareness and acceptance: Compared with traditional heat-curing solder mask inks, UV-curing solder mask inks have lower market awareness and acceptance. Some users are slow to accept new technologies and products and have a certain wait-and-see mentality, which limits market expansion.
  3. Challenges in functionality and durability: Although UV curable solder mask ink has excellent barrier properties and flame retardant properties, it still has certain challenges in terms of durability and corrosion resistance. In special environments or extreme conditions, problems of shorter service life or reduced performance may occur.
  4. Regulations and standard requirements: The electronics industry has continuously increasing requirements for product safety and environmental friendliness. UV curable solder mask inks need to comply with relevant regulations and standards, such as ROHS, REACH, etc., which poses certain challenges to the company's product development and market access.

Opportunity:

  1. Rapidly developing electronics industry: As the demand in the electronic product market continues to grow, the demand for high-performance solder mask materials in the electronics industry has also increased. As an efficient and reliable solder mask material, UV curable solder mask ink can meet the requirements for high-quality solder mask in electronic product manufacturing, so there are huge market development opportunities.
  2. Emphasize the demand for quality and reliability: Electronic products have higher requirements for the quality and reliability of circuit boards, especially for some high-end electronic equipment and applications. UV curable solder mask ink can form a high-quality protective layer that is resistant to corrosion, high temperature, and wear, protects the metal lines on the circuit board, improves the quality and reliability of the circuit board, and has a wide range of application opportunities in the market.
  3. Increase in environmental awareness: As environmental awareness increases, the demand for environmentally friendly products continues to increase. Compared with traditional heat-curing solder mask inks, UV-cured solder mask inks adopt a solvent-free, low-VOC emission curing method, which can reduce environmental pollution and meet environmental protection requirements, so it is favored by the market.
  4. Technological innovation and application expansion: With the continuous innovation and progress of UV curing technology, the performance and application fields of UV Solder Mask Inks have been continuously expanded. The application of new materials, process improvements and product innovation enable UV Solder Mask Inks to adapt to a wider range of application scenarios, such as printed circuit boards, electronic components and other fields, bringing market development opportunities.
  5. Industry chain coordination and support policies: In the entire electronics manufacturing industry chain, UV Solder Mask Ink is interrelated and interdependent with other links. Collaborative cooperation and support from all parties in the industry chain will help promote market development. In addition, some government agencies and organizations will also introduce policies to support and encourage the development of the electronic manufacturing industry, providing better development opportunities for the UV Solder Mask Ink market.
  • Global UV Solder Mask Ink Top11Players Ranking(Continually updated

 UV Solder Mask Ink Top 11 Players Ranking

Source: GlobalInfoResearch, “Global UV Solder Mask Ink Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

In the field of UV Solder Mask Ink, the main companies include Fortex, D-Central, Asahi Chemical Research, Taiyo, Guangdong Gaoshi Dianyan Technology, Shenzhen Rongda Photosensitive Technology Co., Ltd., Qizhou Technology Enterprise Co., Ltd., etc. In the market, which is mainly located in Asia, a hot manufacturing region, the top five companies are Fortex, D-Central, Asahi Chemical Research, Taiyo, and Guangdong Gaoshi Dianyan Technology, accounting for a total market share of 61.8%.

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