Market Overview:
The global solar cell electrode 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, the growing awareness about the benefits of using solar energy is also contributing to the growth of this market. The global solar cell electrode paste market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into front silver paste, back silver paste and aluminum paste. On the basis of application, it can be classified into industrial, commercial and other applications. Region-wise, it can be segmented into North America, Latin America, Europe Asia Pacific and Middle East & Africa (MEA).
Product Definition:
Solar Cell Electrode Paste is a type of adhesive used in solar cells. It helps to connect the solar cells together and to the frame of the panel. Solar Cell Electrode Paste is important because it helps to ensure that the solar panel functions properly.
Front Silver Paste:
Front silver paste is a thin layer of silver that is pasted on the front side of the solar cell. It improves light absorption and helps in increasing power output from each cell, thus improving efficiency. The paste also provides an anti-reflective coating which allows maximum light to enter into the device resulting in higher performance.
The major factor responsible for growth of this market includes growing demand for renewable energy sources as they are environmentally friendly.
Back Silver Paste:
Back silver paste is a thin layer of silver that has been pasted on the rear side of the solar cell. It improves light absorption and increases output power of the solar cell. The major factor that propels market growth includes reduction in cost associated with manufacturing modules, owing to decrease in price for raw materials such as amorphous silica and glass noodles.
Application Insights:
The other application segment includes residential and non-residential applications. The other applications of solar cell electrode paste include small scale power generation, large scale power generation, renewable energy systems and grid connected systems. Other types of solar cell electrode paste include roof top panels installations where the product is used as a seal between the panel substrate and roofing membrane for preventing water penetration into the substrate.
The industrial segment dominated the global market in terms of revenue share in 2017 owing to increasing demand from various end-use industries including commercial buildings, transportation & logistics and heavy industry such as oil & gas which are highly dependent on electricity for their operations. Rapid urbanization coupled with rising living standards has led to an increased demand for automobiles which has further propelled growth over recent years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key players such as China Huaneng Group, SES, and Shenzhen Energy Technology Co., Ltd. in this region has led to a high availability of solar cell electrode paste for manufacturing solar cells at competitive prices. This has resulted in an increase in installations of renewable energy based power generation facilities across this region which further drives demand for these products over the forecast period.
Europe accounted for a significant share owing to large-scale investments made by countries such as Germany and France towards development of renewable energy based power generation facilities that use these products as an active material instead of heavy metal complexes used earlier during solar cell manufacturing process resulting into reduction or elimination offsite pollution along with reduction or elimination offsite waste disposal costs associated with it thus making it highly attractive alternative compared to conventional alternatives used previously resulting into increased demand from end-use industries across this region over the projected period.
Growth Factors:
- Increasing demand for solar energy due to global warming and environmental concerns
- Government initiatives and subsidies for installation of solar panels
- Reduction in the cost of solar cells
- Rising electricity costs
- Increased awareness about the benefits of using solar energy
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Cell Electrode Paste Market Research Report
By Type
Front Silver Paste, Back Silver Paste, Aluminum Paste
By Application
Industrial, Commercial, Other
By Companies
DuPont, Heraeus, Ferro, Solaronix, Giga Solar, Murata, Daejoo, DONGJIN SEMICHEM, ThinTech, AG PRO, NAMICS, Monocrystal, Cermet, Tehsun, LEED, Eging, Shenzhen QuanPhoton Technology, RST, Hoyi Tech, FullPower, Sino-platinum, BASF, Toyo Aluminium
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Solar Cell Electrode Paste Market Report Segments:
The global Solar Cell Electrode Paste market is segmented on the basis of:
Types
Front Silver Paste, Back Silver Paste, Aluminum 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
Industrial, Commercial, Other
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:
- DuPont
- Heraeus
- Ferro
- Solaronix
- Giga Solar
- Murata
- Daejoo
- DONGJIN SEMICHEM
- ThinTech
- AG PRO
- NAMICS
- Monocrystal
- Cermet
- Tehsun
- LEED
- Eging
- Shenzhen QuanPhoton Technology
- RST
- Hoyi Tech
- FullPower
- Sino-platinum
- BASF
- Toyo Aluminium
Highlights of The Solar Cell Electrode 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 Silver Paste
- Back Silver Paste
- Aluminum Paste
- By Application:
- Industrial
- Commercial
- Other
- 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 Solar Cell Electrode 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
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- Identifying Appropriate Advertising Appeals
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?
Solar Cell Electrode Paste is a paste that can be used to create solar cells. Solar cell electrodes are the part of a solar cell that collect energy from the sun and turn it into electricity. Solar Cell Electrode Paste helps make these electrodes more efficient by increasing their ability to absorb sunlight.
Some of the major companies in the solar cell electrode paste market are DuPont, Heraeus, Ferro, Solaronix, Giga Solar, Murata, Daejoo, DONGJIN SEMICHEM, ThinTech, AG PRO, NAMICS, Monocrystal, Cermet, Tehsun, LEED, Eging, Shenzhen QuanPhoton Technology, RST, Hoyi Tech, FullPower, Sino-platinum, BASF, Toyo Aluminium.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solar Cell Electrode 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. Solar Cell Electrode Paste Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solar Cell Electrode Paste Market - Supply Chain
4.5. Global Solar Cell Electrode Paste Market Forecast
4.5.1. Solar Cell Electrode Paste Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solar Cell Electrode Paste Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solar Cell Electrode Paste Market Absolute $ Opportunity
5. Global Solar Cell Electrode 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. Solar Cell Electrode Paste Market Size and Volume Forecast by Type
5.3.1. Front Silver Paste
5.3.2. Back Silver Paste
5.3.3. Aluminum Paste
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solar Cell Electrode 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. Solar Cell Electrode Paste Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Commercial
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solar Cell Electrode 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. Solar Cell Electrode 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 Solar Cell Electrode 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. Solar Cell Electrode 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 Solar Cell Electrode Paste Demand Share Forecast, 2019-2026
9. North America Solar Cell Electrode 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 Solar Cell Electrode 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 Solar Cell Electrode Paste Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Commercial
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solar Cell Electrode Paste Market Size and Volume Forecast by Type
9.7.1. Front Silver Paste
9.7.2. Back Silver Paste
9.7.3. Aluminum 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 Solar Cell Electrode Paste Demand Share Forecast, 2019-2026
10. Latin America Solar Cell Electrode 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 Solar Cell Electrode 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 Solar Cell Electrode Paste Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Commercial
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solar Cell Electrode Paste Market Size and Volume Forecast by Type
10.7.1. Front Silver Paste
10.7.2. Back Silver Paste
10.7.3. Aluminum 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 Solar Cell Electrode Paste Demand Share Forecast, 2019-2026
11. Europe Solar Cell Electrode 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 Solar Cell Electrode 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 Solar Cell Electrode Paste Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Commercial
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solar Cell Electrode Paste Market Size and Volume Forecast by Type
11.7.1. Front Silver Paste
11.7.2. Back Silver Paste
11.7.3. Aluminum 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 Solar Cell Electrode Paste Demand Share, 2019-2026
12. Asia Pacific Solar Cell Electrode 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 Solar Cell Electrode 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 Solar Cell Electrode Paste Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Commercial
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solar Cell Electrode Paste Market Size and Volume Forecast by Type
12.7.1. Front Silver Paste
12.7.2. Back Silver Paste
12.7.3. Aluminum 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 Solar Cell Electrode Paste Demand Share, 2019-2026
13. Middle East & Africa Solar Cell Electrode 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 Solar Cell Electrode 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 Solar Cell Electrode Paste Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Commercial
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solar Cell Electrode Paste Market Size and Volume Forecast by Type
13.7.1. Front Silver Paste
13.7.2. Back Silver Paste
13.7.3. Aluminum 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 Solar Cell Electrode Paste Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solar Cell Electrode Paste Market: Market Share Analysis
14.2. Solar Cell Electrode Paste Distributors and Customers
14.3. Solar Cell Electrode Paste Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DuPont
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. Ferro
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Solaronix
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Giga Solar
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Murata
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Daejoo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DONGJIN SEMICHEM
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ThinTech
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. AG PRO
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NAMICS
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Monocrystal
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Cermet
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tehsun
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. LEED
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Eging
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Shenzhen QuanPhoton Technology
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. RST
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Hoyi Tech
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. FullPower
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
