Future Market Insights has announced the addition of the “Non-Corrosive Fluxes Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025" report to their offering.
Valley Cottage, NY -- (SBWIRE) -- 03/21/2016 -- Fluxes are the compounds used on the joint surfaces before soldering. Fluxes are of two types viz. corrosive fluxes and non-corrosive fluxes. A non-corrosive flux is a type of soldering flux which does not corrode the base metal it is used in. It is used in the applications where the metal must be protected from corrosive residue. Rosin is one of the most widely used non-corrosive flux. Rosin is available in liquid, paste and powder form. The non-corrosive fluxes contain fluoride salts as well as cesium compounds. This depends on the base materials and filler material applications. The use of non-corrosive fluxes is important as any remains in the joints can corrode the connection and cause a defective circuit. The major advantage of using non-corrosive flux is the elimination of post-braze cleaning. Avoiding post-braze washing eliminates the chances for corrosion from the corrosive flux residue. The non-corrosive flux finds application in the open-air brazing with torch, furnace and induction methods. They are used for joining wide range of aluminium alloys. The advantages of using non-corrosive fluxes is less known, and hence the market is very niche. However, the global non-corrosive fluxes market is anticipated to witness a moderate single digit growth rate in the forecast period.
Non-Corrosive Fluxes Market: Drivers and restraints
The growing demand for electrical products is expected to boost the demand for non-corrosive fluxes in the forecast period. The advantage of non-corrosive fluxes pertaining to the elimination of post-braze cleaning makes it more tractive over the corrosive fluxes. This in turn is anticipated to fuel the demand for noncorrosive fluxes in the upcoming years. Moreover, the growing automotive industry is projected to increase the demand for non-corrosive fluxes in the forecast period. There is no environmental related considerations for the use of non-corrosive fluxes. This can help the global non-corrosive fluxes market to grow. Vacuum brazing is proving to be a trend in the global non-corrosive fluxes market.
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Solvay Flux GmbH is identified as one of the major market player in the global non-corrosive fluxes market. They provide non-corrosive fluxes for aluminium brazing. The market players are moving towards merger and acquisition to enhance their position in the global non-corrosive fluxes market.
Non-Corrosive Fluxes Market: Segmentation
The global non-corrosive fluxes market can be segmented based on end use industry as
Automotive heat exchanger
Electronics
House hold appliances
Hot pans
Refrigerators
Others (coffee makers, clothes dryers, etc.)
Automotive industry is expected to contribute maximum share in the global non-corrosive fluxes market. The electronics sector is also expected to be the fastest growing segment in the global non-corrosive fluxes market in the forecast period.
Non-Corrosive Fluxes Market: Region – wise outlook
The global non-corrosive fluxes market can be segmented on the basis of geography into seven key regions as North America, Latin America, Western Europe, Eastern Europe, Middle East and Africa, Japan and Asia Pacific. North America is expected to contribute maximum in the global non-corrosive fluxes market. United States is expected to be the largest consumer in the global non-corrosive fluxes market. Europe is anticipated to be the second largest consumer in the global non-corrosive fluxes market. Asia-Pacific is expected to be the fastest growing region in the global non-corrosive fluxes market. This is due to the fast growing automotive industry in Asia-Pacific region.
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Non-Corrosive Fluxes Market: Major key players
Some of the key players identified in the global non-corrosive fluxes market are:
Solvay Flux GmbH
Lucas-Milhaupt, Inc.
The 3M Company
Vanchem Performance Chemicals
Johnson Matthey Plc