| Product Code: ETC088247 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the Indonesia solder paste market, the import trend showcased a growth rate of 4.66% from 2023 to 2024, with a compound annual growth rate (CAGR) of 3.12% for the period of 2020-2024. This uptick in import momentum can be attributed to the steady demand shift towards higher-quality solder paste products, reflecting market stability and increasing reliance on imported inputs for manufacturing processes.
Indonesia solder paste market has been witnessing a steady growth in the past few years and is expected to continue its growth trajectory over the forecast period. This is mainly due to increasing use of solder paste for assembling printed circuit boards, display panels and other electronic components used in consumer electronics. Increasing demand for consumer electronics such as smartphones, tablets, laptops etc., across Indonesia has resulted into higher production of these products which in turn drive the demand for solder paste across the region. In addition to this, government initiatives aimed at electrification and development of smart cities are further anticipated to fuel up the market growth during forecast period from 2025-2031.
The trend observed by major players operating in Indonesia solder paste market is focus on launching technologically advanced products with better performance characteristics such as high adhesive strength and low voiding rate among others. Also, companies have been investing heavily towards R&D activities associated with new product launches in order to gain competitive edge over their counterparts. For Instance; Alpha Assembly Solutions recently launched SOLDERON Xtra No Clean Paste Series (SXNCP) that offers superior flux activity while minimizing dross formation even under challenging fabrication conditions like small or large vias & fine pitch applications among others.
Increasing usage of surface mount technology (SMT) electronics manufacturing processes across various end-user industries such as automotive industry, telecommunications sector etc., is one of major factor driving Indonesia soldering paste market growth till date along with growing investments towards PCB assembly operations by local manufacturers coupled with rising number of contract manufacturers providing their services for OEMs within country itself. Furthermore gradual shift from traditional routing methods such as through hole technology (THT), wave soldering applications etc., towards more cost effective SMT technologies are also likely create opportunities within Indonesia Solder Paste Market in coming years ahead.
COVID-19 pandemic has had serious implications on global economic scenario causing disruption supply chain networks along entire value chain affecting availability raw materials inputs needed manufacturing process thus leading slow down overall production operations many sectors including Electronics Manufacturing space resulting decline employed labor force due restrictions imposed non essential activities halt exports international trade markets thus having direct impact sales revenues generated from this segment shrinking bottom line profits earned domestic business entities during current fiscal year.
Ability to produce high quality solder paste with consistent performance over time. Availability of raw materials and cost-effective production processes for achieving economies of scale. Development of advanced technologies such as low temperature soldering techniques, which require different types of solder pastes compared to traditional methods. Increasing competition from other regions in Asia Pacific due to the presence of lower labor costs and better infrastructure than Indonesia current market conditions offer. Stringent regulations related to environmental protection and product safety that must be adhered to during manufacturing process.
PT Karya Teknologi Abadi (KTA), PT Pratama Sukses Makmur Elektronik (PSME), PT Inti Bangun Cipta Solusindo (IBCS), PT Surya Cahaya Sentosa Abadi (SCSA), Shinkin Indotech.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Solder Paste Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Solder Paste Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Solder Paste Market - Industry Life Cycle |
3.4 Indonesia Solder Paste Market - Porter's Five Forces |
3.5 Indonesia Solder Paste Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Indonesia Solder Paste Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Indonesia Solder Paste Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the electronics manufacturing industry in Indonesia |
4.2.2 Increasing demand for consumer electronics and automotive products |
4.2.3 Technological advancements leading to the development of more sophisticated electronic devices |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Competition from substitute products such as solder preforms or fluxes |
4.3.3 Environmental regulations impacting the production and usage of solder paste |
5 Indonesia Solder Paste Market Trends |
6 Indonesia Solder Paste Market, By Types |
6.1 Indonesia Solder Paste Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Solder Paste Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Indonesia Solder Paste Market Revenues & Volume, By Rosin Based Pastes, 2021-2031F |
6.1.4 Indonesia Solder Paste Market Revenues & Volume, By Water Soluble pastes, 2021-2031F |
6.1.5 Indonesia Solder Paste Market Revenues & Volume, By No-clean pastes, 2021-2031F |
6.2 Indonesia Solder Paste Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Solder Paste Market Revenues & Volume, By SMT Assembly, 2021-2031F |
6.2.3 Indonesia Solder Paste Market Revenues & Volume, By Semiconductor Packaging, 2021-2031F |
7 Indonesia Solder Paste Market Import-Export Trade Statistics |
7.1 Indonesia Solder Paste Market Export to Major Countries |
7.2 Indonesia Solder Paste Market Imports from Major Countries |
8 Indonesia Solder Paste Market Key Performance Indicators |
8.1 Adoption rate of lead-free solder paste in the market |
8.2 Efficiency of supply chain management in the solder paste industry |
8.3 Rate of technological innovation and product development in the solder paste sector |
9 Indonesia Solder Paste Market - Opportunity Assessment |
9.1 Indonesia Solder Paste Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Indonesia Solder Paste Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Indonesia Solder Paste Market - Competitive Landscape |
10.1 Indonesia Solder Paste Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Solder Paste Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |