Market Overview:
The global photovoltaic metallized silver paste market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for solar energy across the globe. In addition, factors such as technological advancements and rising awareness about the benefits of solar energy are also contributing to the growth of this market. Based on type, front side silver paste is expected to account for a larger share of the global photovoltaic metallized silver paste market than back side silver paste during the forecast period. This can be attributed to its higher efficiency in converting sunlight into electrical energy as compared with back side silver paste. Based on application, polycrystalline silicon solar cells are expected to account for a larger share of the global photovoltaic metallized Silver Paste Market than monocrystalline silicon solar cells duringthe forecast period.
Product Definition:
A photovoltaic metallized silver paste is a type of adhesive that is used in the construction of solar panels. This type of paste helps to create a strong electrical connection between the individual cells in the panel. The importance of photovoltaic metallized silver paste lies in its ability to help improve the overall efficiency and performance of solar panels.
Front Side Silver Paste:
Front side silver paste is a new term in the photovoltaic market. It was introduced by the Chinese manufacturers to differentiate their products from conventional crystalline silicon solar cells. The product has several advantages over traditional materials, which are expected to increase its usage in various applications of PV modules during the forecast period.
The primary advantage includes low cost of manufacturing and superior performance as compared to other crystalline silicon technologies available in the market today.
Back Side Silver Paste:
Back side silver paste is a new technology which has emerged in the solar market in the past five years. It is used to improve efficiency and performance of photovoltaic (PV) metallized silver paste. Back side silver paste can be defined as thin film made from very small particles of metal alloyed with polycrystalline silicon, which when applied on the front surface of PV cells increases their electrical conductivity and reduces their operational cost by improving power output performance.
Application Insights:
Polycrystalline silicon solar cell was the largest application segment in 2016, accounting for over 50% of global demand. Increasing demand for polycrystalline silicon solar cells from various end-use industries including electric vehicles is expected to drive the segment growth over the forecast period.
The monocrystalline silicon solar cell application segment accounted for a significant market share and is projected to grow at a CAGR of XX% from 2017 to 2030. Growing emphasis on renewable energy generation owing to increasing concerns regarding greenhouse gas emissions has driven the need for photovoltaic installations, which in turn will boost product consumption during this period.
Mono crystalline cells are used as an alternative option compared with poly crystalline cells as they have higher efficiency.
Regional Analysis:
Europe accounted for the largest market share of over 35% in 2017. The region is expected to dominate the industry owing to rising PV installations and growing adoption of solar energy in countries such as Germany, Italy, Spain, and France. In addition, increasing R&D activities by various organizations are likely to boost product demand over the forecast period.
The Asia Pacific regional market is anticipated to witness significant growth due to rising government initiatives favoring renewable energy generation along with increasing awareness regarding environmental protection and sustainable development. Rapidly expanding poly-Si cell manufacturing capacity in China will further drive this industry across this region during the forecast period from 2018 to 2030 (see Table 1).
Latin America photovoltaic metallized silver paste market is projecteded grow at a lucrative rate during the same period owing its abundant natural resources coupled with favorable climatic conditions suitable for large scale solar power generation leading towards higher electricity production from photovoltaic systems installation (see Table 1).
Growth Factors:
- Increasing demand for solar energy: The global demand for solar energy is increasing rapidly due to the growing awareness of its benefits. This is expected to drive the growth of the photovoltaic metallized silver paste market in the coming years.
- Rising investment in renewable energy: Governments and private investors are increasingly investing in renewable energy sources such as solar power, which is expected to boost the growth of the photovoltaic metallized silver paste market in future.
- Technological advancements: The development of new and innovative technologies has led to a decline in prices of PV modules, which is anticipated to propel the growth of this market during the forecast period.
- Growing popularity of rooftop installations: Rooftop installations are becoming increasingly popular due to their easy installation process and low cost as compared to ground-mounted systems. This is likely to fuel demand for photovoltaic metallized silver paste products over the next few years.. 5) Stringent environmental regulations worldwide: Stringent environmental regulations have been put into place by various governments aroundthe world, mandatingthe useofrenewableenergy sources such assolar powerto meet their targetsfor reducing greenhouse gas emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Photovoltaic Metallized Silver Paste Market Research Report
By Type
Front Side Silver Paste, Back Side Silver Paste
By Application
Polycrystalline Silicon Solar Cell, Monocrystalline Silicon Solar Cell
By Companies
DowDupont, Heraeus, Giga Solar, Daejoo, Monocrystal, AgPro, Dongjin, Cermet, Exojet, Wuhan Youleguang
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Photovoltaic Metallized Silver Paste Market Report Segments:
The global Photovoltaic Metallized Silver Paste market is segmented on the basis of:
Types
Front Side Silver Paste, Back Side Silver Paste
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Polycrystalline Silicon Solar Cell, Monocrystalline Silicon Solar Cell
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DowDupont
- Heraeus
- Giga Solar
- Daejoo
- Monocrystal
- AgPro
- Dongjin
- Cermet
- Exojet
- Wuhan Youleguang
Highlights of The Photovoltaic Metallized Silver Paste Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Front Side Silver Paste
- Back Side Silver Paste
- By Application:
- Polycrystalline Silicon Solar Cell
- Monocrystalline Silicon Solar Cell
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Photovoltaic Metallized Silver Paste Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Photovoltaic Metallized Silver Paste is a thin film solar cell material that uses silver to create an electrode. The paste is applied to a substrate, such as glass or plastic, and then exposed to light. This causes the silver atoms in the paste to bond together and form small solar cells.
Some of the major players in the photovoltaic metallized silver paste market are DowDupont, Heraeus, Giga Solar, Daejoo, Monocrystal, AgPro, Dongjin, Cermet, Exojet, Wuhan Youleguang.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Photovoltaic Metallized Silver Paste Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Photovoltaic Metallized Silver Paste Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Photovoltaic Metallized Silver Paste Market - Supply Chain
4.5. Global Photovoltaic Metallized Silver Paste Market Forecast
4.5.1. Photovoltaic Metallized Silver Paste Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Photovoltaic Metallized Silver Paste Market Size (000 Units) and Y-o-Y Growth
4.5.3. Photovoltaic Metallized Silver Paste Market Absolute $ Opportunity
5. Global Photovoltaic Metallized Silver Paste Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Type
5.3.1. Front Side Silver Paste
5.3.2. Back Side Silver Paste
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Photovoltaic Metallized Silver Paste Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Application
6.3.1. Polycrystalline Silicon Solar Cell
6.3.2. Monocrystalline Silicon Solar Cell
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Photovoltaic Metallized Silver Paste Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Photovoltaic Metallized Silver Paste Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Photovoltaic Metallized Silver Paste Demand Share Forecast, 2019-2026
9. North America Photovoltaic Metallized Silver Paste Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Application
9.4.1. Polycrystalline Silicon Solar Cell
9.4.2. Monocrystalline Silicon Solar Cell
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Type
9.7.1. Front Side Silver Paste
9.7.2. Back Side Silver Paste
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Photovoltaic Metallized Silver Paste Demand Share Forecast, 2019-2026
10. Latin America Photovoltaic Metallized Silver Paste Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Application
10.4.1. Polycrystalline Silicon Solar Cell
10.4.2. Monocrystalline Silicon Solar Cell
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Type
10.7.1. Front Side Silver Paste
10.7.2. Back Side Silver Paste
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Photovoltaic Metallized Silver Paste Demand Share Forecast, 2019-2026
11. Europe Photovoltaic Metallized Silver Paste Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Application
11.4.1. Polycrystalline Silicon Solar Cell
11.4.2. Monocrystalline Silicon Solar Cell
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by ype
11.7.1. Front Side Silver Paste
11.7.2. Back Side Silver Paste
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Photovoltaic Metallized Silver Paste Demand Share, 2019-2026
12. Asia Pacific Photovoltaic Metallized Silver Paste Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Application
12.4.1. Polycrystalline Silicon Solar Cell
12.4.2. Monocrystalline Silicon Solar Cell
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Type
12.7.1. Front Side Silver Paste
12.7.2. Back Side Silver Paste
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Photovoltaic Metallized Silver Paste Demand Share, 2019-2026
13. Middle East & Africa Photovoltaic Metallized Silver Paste Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Application
13.4.1. Polycrystalline Silicon Solar Cell
13.4.2. Monocrystalline Silicon Solar Cell
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Photovoltaic Metallized Silver Paste Market Size and Volume Forecast by Type
13.7.1. Front Side Silver Paste
13.7.2. Back Side Silver Paste
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Photovoltaic Metallized Silver Paste Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Photovoltaic Metallized Silver Paste Market: Market Share Analysis
14.2. Photovoltaic Metallized Silver Paste Distributors and Customers
14.3. Photovoltaic Metallized Silver Paste Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DowDupont
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Heraeus
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Giga Solar
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Daejoo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Monocrystal
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AgPro
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dongjin
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cermet
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Exojet
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Wuhan Youleguang
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
