Global Silver Sintering Paste Market 2024 – 2033

Reports Description

According to Custom Market Insights (CMI), The Global Silver Sintering Paste Market size was estimated at USD 64 million in 2021 and is expected to reach USD 69 million in 2022 is expected to hit around USD 105 million by 2030, poised to grow at a compound annual growth rate (CAGR) of 6.4% from 2022 to 2030. 

It is a form of a highly silver-filled die-attached paste known as silver sintering paste that has the potential to create extraordinarily high thermal conductivity. Silver sintered pastes, a potent lead-free alternative to solder pastes, can extend the gadget’s lifespan by up to 10 times. Higher thermal conductivity in the lead frame and LED packaging applications may be ensured by using it for printing or dispensing operations.

Heat is applied to a silver paste during the process of densifying it, known as silver sintering paste. Several simultaneous processes, including densification, pore expansion, and grain growth, result in a stronger link inside the material. Due to the superior quality of these goods, which are suitable for quick silver sintering operations on various surfaces and exhibit decreased metallization. These pastes have a high metal loading and are made to readily integrate into a dispensing process without modifying the deposition apparatus. The pastes will firmly adhere to die with Ag, Au, or Cu surfaces and may be used in rapid reflow-like (RFL) sintering processes to generate strong joints on various common lead frame, DBC, and IPM pad finishes. 

Solder and many common epoxy-silver compounds are increasingly inappropriate for many discrete and tiny module device applications. For instance, they might not be able to withstand the environmental conditions seen during prolonged mission profiles for automotive applications. These mission characteristics often drive longer high-temperature operational life (HTOL) and greater temperature fluctuations (thermally cycling). Silver sintering has high reliability, the highest electrical conductivity, high-temperature applications, and is less reactive than copper. These benefits are making silver sintering paste demanding in the market. 

Although the method of preparing the material using silver sintering paste is well known for improving its properties, it has serious drawbacks. Numerous micro- and nanostructures are frequently destroyed during the silver sintering process because the components of high-performance LED goods are small, delicate, and demand high precision levels; this flaw damages the industry. This issue hinders the growth of the silver sintering paste market on a global scale. However, the benefits associated with the silver sintering paste drive the market’s growth.

Growth Factors.

Sintering is accomplished through atom diffusion and with the aid of the microstructure. Additionally, a gradient in chemical capacity is used to carry out the diffusion process as atoms move from a medium with a high chemical capacity to one with a low chemical capacity. Sintering mechanisms are the segmented channels that atoms go through to move from one location to another. Additionally, surface diffusion makes it easier for atoms to go along the transmission path and raise the pressure at contact sites, which forces the material to stay clear of those places and forces atom centers to attach. The technological advancements encourage sintering’s end-use applications in a variety of sectors.

Highly efficient energy conversion and storage technologies, including high-temperature solid oxide fuel and electrolysis cells, gas separation membranes, and thermal barrier coatings for cutting-edge turbine systems, all require sophisticated materials. Processing ceramics and metals play a significant part in every circumstance, beginning with powders, and is usually challenging.

Depending on their composition, these powder materials usually need high sintering temperatures and have an inherent risk of aberrant grain growth, evaporation, chemical reaction, or disintegration. This risk is increased in the case of prolonged dwell times. These restrictions seem to be addressed by methods like electric current-aided sintering. Electric current-aided sintering, which includes applying electricity to sintering powders while they are in a vacuum, is a better way to sinter silver.

The main driving force for inventing this strategy was commercially producing semiconductors and RF power devices. The current greatly decreased the surface oxides that prevent atom absorption during sintering. Electric current-assisted sintering thereby increases the overall market growth for silver sintering paste.

The preference for sintering over conventional production procedures is driving the growth of the sintering paste market. Sintering is a thermal process that strengthens and maintains the material’s structural integrity. It connects particles to create a coherent, mostly solid structure. Given the present and upcoming sintering measures, it offers a positive prognosis for the global Sintering market.

The demand for semiconductor products and components is driving the market for silver sintering paste due to the rise in production. People are more conserved with the new products with the latest technology, which further boosts the demand for sintering paste from the end user industry.

Silver Sintering Paste Market Segmentation.

Silver Sintering Paste Market, segment based on Type

According to Type, pressure sintering paste is the market leader and is anticipated to contribute most to the market for silver sintering paste. The pressure sintering paste method is well-known because it can be maintained under high pressure. Power electronics applications may function at high temperatures due to the better thermal and electrical conductivity features offered by pressure silver sintering.

Eliminating precious metal finishing on substrate would significantly decrease the entry barrier to adopting silver sintering and be compatible with the current supply chain. This segment is expected to acquire a major silver sintering paste market.

Stress-Less sintering is the method of sintering a crushed material at very high temperatures, varying on the material’s density, and without external pressure. This prevents density variations in the final product, which are caused by many known hot compressing methods. Additionally, the final material can be molded into the appropriate structure and size before the final process, and pre-sintering methods can also obtain the molded substance or ceramic. This type of silver sintering is gaining demand from consumers owning to its ability.

Silver Sintering Paste Market, segment based on Application

According to Application, the power semiconductor device sector is anticipated to expand at the quickest CAGR and contribute most to the global market for silver sintering paste. The material that is currently used most frequently is silver-sintering paste. The melting point of a silver-sintered paste is 960 degree Celsius.

The silver-sintered paste retains the components in a fixed position for their effective management, increases process yield overall, and has a high epoxy resin adhesion. It benefits from having the best thermal conductivity coefficient (>150 W/(m⋅K)), the best electrical conductivity coefficient, and a high re-melting temperature (>400 C), among other things.

The high-performance LED segment is expected to grow at a significant rate during the forecast period in the silver sintering paste market. The major market participants are producing large quantities of goods. Consumers want to stay up with the newest trends in LED gadgets like smartphones, tablets, and televisions, which has led to a surge in demand.

Additionally, the high-performance LEDs used in these digital devices are sintered using silver sintering paste processes. Additionally, higher manufacturing on the market aids the major companies in maintaining a healthy market share value.

Report Scope

Regional Insights

During the projected period, North America will continue to hold the leading position in the silver sintering paste market. Often referred to as an integrated circuits, semiconductors are one of electronic devices’ fundamental parts. Microchips allow advancements in artificial intelligence, transportation, healthcare, the military system, communications, and other fields due to semiconductors acting as the engine of innovation. The brains of contemporary electronics are semiconductors. The U.S., the market leader in the semiconductor sector, is where microchips were first developed.

Additionally, when broken down by nation, it has the largest R&D spending on semiconductors as a percentage of sales. The dominance of the U.S. in the semiconductor industry influences the sintering market. Moreover, this area intends to greatly improve understanding of the sintering process across all different market industry sectors. As customers become aware of the uses for the product, demand eventually rises in the industries where it is suited. Hence, this region is expected to be strong during the forecasted period.

During the forecast period, Europe is expected to hold a significant position in the silver sintering paste market. The demand for sintering paste in this region is expected to grow due to the popularity of this paste among consumers.

Asia-Pacific is projected to grow constantly owing to low demand from end users during the forecasted period. The shift in new technology and government initiatives to support the semiconductor industry in this region is growing. Hence, the market for silver sintering paste is going to increase.

Key Players

• Heraeus
• Indium
• Alpha Assembly Solutions
• Henkel
• Kyocera
• Namics
• Advanced Joining Technology (UK)

Recent Development

• The promoter, Miba Sinter Holding Gmbh & CO KG, invested INR 222 million in Sintercom India Ltd. Miba AG is an Austrian business that produces and markets coatings, specialized machinery, engine bearings, friction materials, and sintered components all over the world.

Segments covered in the report

By Type

• Pressure Sintering Paste
• Pressure-less Sintering Paste

By Applications

• Power Semiconductor Device
• RF Power Device
• High Performance LED
• Others

On the basis of Geography

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America