デフォルト表紙
市場調査レポート
商品コード
1722944

太陽光発電材料の市場規模、シェア、動向、予測:タイプ、材料、用途、地域別、2025年~2033年

Photovoltaic Materials Market Size, Share, Trends and Forecast by Type, Material, Application, and Region, 2025-2033


出版日
発行
IMARC
ページ情報
英文 135 Pages
納期
2~3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=144.91円
太陽光発電材料の市場規模、シェア、動向、予測:タイプ、材料、用途、地域別、2025年~2033年
出版日: 2025年05月01日
発行: IMARC
ページ情報: 英文 135 Pages
納期: 2~3営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

太陽光発電材料の世界市場規模は、2024年に371億2,000万米ドルとなりました。今後、IMARC Groupは、同市場が2033年までに832億8,000万米ドルに達し、2025年から2033年にかけて8.92%のCAGRを示すと予測しています。現在、アジア太平洋地域が市場を独占しており、2024年には55.4%以上の大きな市場シェアを占めています。環境問題や気候変動への関心の高まり、有利な政府政策の実施、急速な技術進歩、先進的太陽光発電材料の市場開拓への投資の増加、世界のエネルギー需要の高まりなどが、太陽光発電材料の市場シェアを押し上げている主な要因です。

太陽光発電材料は、光起電力効果によって太陽光を直接電気に変換する物質です。結晶シリコン、薄膜、多接合セルを含みます。ソーラーパネル、太陽光発電所、宇宙船の電源システム、携帯充電器、太陽電池自動車、電卓、時計、高速道路の緊急電話、遠隔監視、太陽電池式送水ポンプなどに広く使用されています。太陽光発電材料は、そのエネルギー効率の高さ、電気料金の削減、系統停電からの独立性で有名です。温室効果ガスの排出量を削減し、エネルギーの持続可能性に貢献し、発電の分散化を支援します。

急速な工業化と都市化による世界のエネルギー需要の急増が、市場の成長を後押ししています。さらに、手頃な価格と住宅用および商業用太陽光発電設備への幅広い用途により、製品が広く利用されていることも市場成長に寄与しています。さらに、電気自動車(EV)の普及が加速していることも、太陽光発電材料のような再生可能エネルギー・ソリューションを構成する強固な充電インフラに対する需要を促進しています。さらに、分散型発電への移行動向に起因する、局所的な電力の生成、送電ロスの削減、エネルギー効率の向上を目的とした製品利用の増加が、市場の成長を強化しています。その他、エネルギー安全保障への関心の高まり、先進的な太陽光発電材料の開発への投資の増加、再生可能エネルギーインフラを拡大するための政府と民間企業間のパートナーシップの高まりなどが、市場の成長を促進すると予測されています。

太陽光発電材料の市場の動向と促進要因:

環境問題の高まりと気候変動

太陽光発電材料の需要拡大には、環境問題への対応と気候変動の影響緩和に対する緊急性の高まりが極めて重要な役割を果たしています。よりクリーンで持続可能なエネルギー源へのシフトが加速しています。太陽光発電材料を通じて利用される太陽エネルギーは、二酸化炭素排出量を大幅に削減するゼロエミッションのソリューションを提供します。さらに、従来のエネルギー源に比べ、太陽エネルギーは有害な製品別を伴わず、環境悪化の原因ともならないです。その結果、世界各国は再生可能エネルギーの目標を強化し、太陽エネルギーを計画に組み込んでおり、それが製品需要を促進しています。さらに、太陽光発電技術は、住宅の屋上パネルから大規模な太陽光発電所まで、幅広い用途に適応できるため、多くの人にとって身近で実用的な選択肢となり、市場をさらに押し上げています。

政府による支援政策の実施

再生可能エネルギーに対する有利な政策、インセンティブ、補助金といった形での政府の支援は、太陽光発電材料市場を牽引する上で重要な役割を果たしています。このような支援は、温室効果ガス排出量を削減するという世界の公約に応えるものであり、太陽光発電はその解決策の重要な一部であると認識されています。世界中の多くの政府が、太陽光発電の設置を促進するための財政的インセンティブを提供しています。例えば、固定価格買取制度、税額控除、補助金は、太陽光発電設備の総コストを削減し、太陽エネルギーをより手頃で魅力的なものにしています。太陽光発電システムの所有者が余剰電力を送電網に売電できるようにするネットメータリング政策も、経済的メリットをもたらしています。さらに、いくつかの政府は電力会社に再生可能エネルギー割当を義務付け、太陽光エネルギー・インフラへの投資を促進しています。こうした努力の積み重ねが、太陽光発電材料の需要を刺激しているのです。

急速な技術進歩

継続的な技術の進歩と集中的な研究開発(R&D)活動も、太陽光発電材料市場を牽引する主な要因です。これに伴い、急速な技術革新により、より効率的で耐久性があり、幅広い用途や環境で使用される汎用性の高い太陽光発電材料が提供され、市場の成長を後押ししています。さらに、高い効率と柔軟性を備えたペロブスカイト太陽電池の登場は、太陽エネルギー利用に新たな可能性をもたらしています。また、製造プロセスの進歩により生産コストが削減され、太陽光発電は従来のエネルギー源に対する競争力を高めています。さらに、研究開発(R&D)活動は、太陽スペクトルをより多く利用できる材料の開発に重点を置き、効率をさらに向上させています。技術革新は太陽光発電材料の能力と費用対効果を高め続けており、これが市場成長の原動力になると予想されます。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界の太陽光発電材料市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:タイプ別

  • 多結晶シリコン
  • 単結晶シリコン
  • テルル化カドミウム
  • 銅インジウムガリウムセレン(CIGS)
  • その他

第7章 市場内訳:材料別

  • フロントシート
  • 封止材
  • バックシート
  • その他

第8章 市場内訳:用途別

  • ユーティリティ
  • 住宅
  • 非住宅

第9章 市場内訳:地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋地域
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ
    • 市場内訳:国別

第10章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第13章 価格分析

第14章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • American Elements
    • COVEME s.p.a.
    • DuPont de Nemours Inc.
    • Ferrotec Holdings Corporation
    • Honeywell International Inc.
    • KYOCERA Corporation
    • Merck KGaA
    • Mitsubishi Materials Corporation
    • Novaled GmbH(Samsung SDI Co. Ltd.)
    • Targray
    • Tata Power Solar Systems Limited(Tata Power Company Limited)
    • Wacker Chemie AG
図表

List of Figures

  • Figure 1: Global: Photovoltaic Materials Market: Major Drivers and Challenges
  • Figure 2: Global: Photovoltaic Materials Market: Sales Value (in Billion USD), 2019-2024
  • Figure 3: Global: Photovoltaic Materials Market Forecast: Sales Value (in Billion USD), 2025-2033
  • Figure 4: Global: Photovoltaic Materials Market: Breakup by Type (in %), 2024
  • Figure 5: Global: Photovoltaic Materials Market: Breakup by Material (in %), 2024
  • Figure 6: Global: Photovoltaic Materials Market: Breakup by Application (in %), 2024
  • Figure 7: Global: Photovoltaic Materials Market: Breakup by Region (in %), 2024
  • Figure 8: Global: Photovoltaic Materials (Polycrystalline Silicon) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 9: Global: Photovoltaic Materials (Polycrystalline Silicon) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 10: Global: Photovoltaic Materials (Monocrystalline Silicon) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 11: Global: Photovoltaic Materials (Monocrystalline Silicon) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 12: Global: Photovoltaic Materials (Cadmium Telluride) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 13: Global: Photovoltaic Materials (Cadmium Telluride) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 14: Global: Photovoltaic Materials (Copper Indium Gallium Selenide (CIGS)) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 15: Global: Photovoltaic Materials (Copper Indium Gallium Selenide (CIGS)) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 16: Global: Photovoltaic Materials (Other Types) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 17: Global: Photovoltaic Materials (Other Types) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 18: Global: Photovoltaic Materials (Front Sheet) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 19: Global: Photovoltaic Materials (Front Sheet) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 20: Global: Photovoltaic Materials (Encapsulant) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 21: Global: Photovoltaic Materials (Encapsulant) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 22: Global: Photovoltaic Materials (Back Sheet) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 23: Global: Photovoltaic Materials (Back Sheet) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 24: Global: Photovoltaic Materials (Other Materials) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 25: Global: Photovoltaic Materials (Other Materials) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 26: Global: Photovoltaic Materials (Utility) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 27: Global: Photovoltaic Materials (Utility) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 28: Global: Photovoltaic Materials (Residential) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 29: Global: Photovoltaic Materials (Residential) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 30: Global: Photovoltaic Materials (Non-residential) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 31: Global: Photovoltaic Materials (Non-residential) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 32: North America: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 33: North America: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 34: United States: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 35: United States: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 36: Canada: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 37: Canada: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 38: Asia-Pacific: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 39: Asia-Pacific: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 40: China: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 41: China: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 42: Japan: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 43: Japan: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 44: India: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 45: India: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 46: South Korea: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 47: South Korea: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 48: Australia: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 49: Australia: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 50: Indonesia: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 51: Indonesia: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 52: Others: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 53: Others: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 54: Europe: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 55: Europe: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 56: Germany: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 57: Germany: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 58: France: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 59: France: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 60: United Kingdom: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 61: United Kingdom: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 62: Italy: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 63: Italy: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 64: Spain: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 65: Spain: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 66: Russia: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 67: Russia: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 68: Others: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 69: Others: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 70: Latin America: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 71: Latin America: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 72: Brazil: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 73: Brazil: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 74: Mexico: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 75: Mexico: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 76: Others: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 77: Others: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 78: Middle East and Africa: Photovoltaic Materials Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 79: Middle East and Africa: Photovoltaic Materials Market: Breakup by Country (in %), 2024
  • Figure 80: Middle East and Africa: Photovoltaic Materials Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 81: Global: Photovoltaic Materials Industry: SWOT Analysis
  • Figure 82: Global: Photovoltaic Materials Industry: Value Chain Analysis
  • Figure 83: Global: Photovoltaic Materials Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Photovoltaic Materials Market: Key Industry Highlights, 2024 and 2033
  • Table 2: Global: Photovoltaic Materials Market Forecast: Breakup by Type (in Million USD), 2025-2033
  • Table 3: Global: Photovoltaic Materials Market Forecast: Breakup by Material (in Million USD), 2025-2033
  • Table 4: Global: Photovoltaic Materials Market Forecast: Breakup by Application (in Million USD), 2025-2033
  • Table 5: Global: Photovoltaic Materials Market Forecast: Breakup by Region (in Million USD), 2025-2033
  • Table 6: Global: Photovoltaic Materials Market: Competitive Structure
  • Table 7: Global: Photovoltaic Materials Market: Key Players
目次
Product Code: SR112025A5411

The global photovoltaic materials market size was valued at USD 37.12 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 83.28 Billion by 2033, exhibiting a CAGR of 8.92% during 2025-2033. Asia-Pacific currently dominates the market, holding a significant market share of over 55.4% in 2024. The rising environmental concerns and climate change, implementation of favorable government policies, rapid technological advancements, increasing investment in the development of advanced photovoltaic materials, and rising energy demands across the globe are some of the major factors propelling the photovoltaic materials market share.

Photovoltaic materials are substances that convert sunlight directly into electricity through the photovoltaic effect. It includes crystalline silicon, thin-film, and multi-junction cells. They are widely used in solar panels, solar farms, spacecraft power systems, portable chargers, solar-powered vehicles, calculators, watches, highway emergency phones, remote monitoring, and solar-powered water pumps. Photovoltaic materials are renowned for their energy efficiency, reduction of electricity bills, and independence from grid outages. They aid in lowering greenhouse gas emissions, contributing to energy sustainability, and assisting in the decentralization of power generation.

The surge in global energy demand driven by rapid industrialization and urbanization is propelling the market growth. Furthermore, the widespread product utilization owing to its affordability and wide-ranging applications in residential and commercial solar installations is contributing to the market growth. Additionally, the escalating adoption of electric vehicles (EVs) is facilitating the demand for robust charging infrastructure comprising renewable energy solutions, such as photovoltaic materials. Moreover, the rising product utilization to generate localized powers, reduce transmission losses, and increase energy efficiency owing to the shifting trends towards decentralized power generation is strengthening the market growth. Other factors, including a growing focus on energy security, increasing investment in the development of advanced photovoltaic materials, and rising partnerships between governments and private firms to expand renewable energy infrastructure, are anticipated to drive the market growth.

Photovoltaic Materials Market Trends/Drivers:

The rising environmental concerns and climate change

The increasing urgency to address environmental issues and mitigate climate change's effects plays a pivotal role in the growing demand for photovoltaic materials. There's an accelerating shift towards cleaner, more sustainable energy sources. Solar energy, harnessed through photovoltaic materials, offers a zero-emission solution that significantly reduces the carbon footprint. Moreover, compared to conventional energy sources, solar energy does not entail harmful byproducts or contribute to environmental degradation. Consequently, nations worldwide are ramping up their renewable energy targets and incorporating solar energy into their plans, which in turn is facilitating the product demand. Furthermore, photovoltaic technologies' adaptability to a wide range of applications, from residential rooftop panels to large solar farms, makes them an accessible and practical choice for many, further boosting the market.

The implementation of supportive government policies

Government support in the form of favorable policies, incentives, and subsidies for renewable energy plays a key role in driving the photovoltaic materials market. This support is in response to global commitments to reduce greenhouse gas emissions, with solar power recognized as a significant part of the solution. Many governments across the globe are offering financial incentives to promote the installation of solar energy. For instance, feed-in tariffs, tax credits, and grants reduce the overall cost of solar installations, making solar energy more affordable and attractive. Net metering policies, allowing owners of photovoltaic systems to sell excess power back to the grid, add another financial benefit. Furthermore, several governments mandate renewable energy quotas for utilities, promoting investment in solar energy infrastructure. Collectively, these efforts stimulate demand for photovoltaic materials.

Rapid technological advancements

Continuous technological advancements and intensive research and development (R&D) activities are also major factors driving the photovoltaic materials market. In line with this, rapid technological innovations offer more efficient, durable, and versatile photovoltaic materials that are widely used in a broader array of applications and environments is favoring the market growth. Moreover, the advent of perovskite solar cells, with their high efficiency and flexibility, opens new possibilities for solar energy usage. Advances in manufacturing processes are also reducing the cost of producing photovoltaic materials, making solar power more competitive with traditional energy sources. Additionally, research and development (R&D) activities are focused on developing materials that can harness more of the solar spectrum, further improving efficiency. Technological breakthroughs continue to enhance photovoltaic materials' capabilities and cost-effectiveness, which in turn is anticipated to drive the market growth.

Photovoltaic Materials Industry Segmentation:

Breakup by Type:

  • Polycrystalline Silicon
  • Monocrystalline Silicon
  • Cadmium Telluride
  • Copper Indium Gallium Selenide (CIGS)
  • Others

Polycrystalline silicon dominates the market

Polycrystalline silicon is dominating the market due to a combination of performance characteristics, manufacturing advantages, and cost-effectiveness. It exhibits excellent light-absorption characteristics, making it highly efficient in transforming sunlight into electricity. Furthermore, its high purity ensures fewer impurities, resulting in better performance and a longer lifespan, making it a preferred choice for long-term installations. Additionally, polycrystalline silicon is produced by melting silicon and pouring it into a square mold, which is less wasteful than the process used to make monocrystalline cells. This straightforward and less wasteful manufacturing process results in a lower cost per watt, a critical factor for many end-users. Moreover, it offers a competitive price-performance ratio, making it an affordable choice for large-scale installations without compromising efficiency. This balance between cost and performance makes it particularly attractive for projects with strict budget constraints.

Breakup by Material:

  • Front Sheet
  • Encapsulant
  • Back Sheet
  • Others

Encapsulant dominates the market

Encapsulant materials are dominating the market due to their indispensable role in the protection and longevity of solar cells. They serve as a barrier against moisture, dust, and corrosive elements, all of which can affect the cells' efficiency and lifespan. This protection is critical for the photovoltaic modules to maintain their performance over decades, as required in many solar installations. Moreover, encapsulants ensure the mechanical integrity of photovoltaic modules. They provide structural stability, helping to protect the delicate internal components from physical shocks or vibrations. Additionally, they contribute to load distribution across the module during times of high wind or snow pressure, minimizing potential damage. Apart from this, high-quality encapsulant materials exhibit excellent optical properties, allowing maximum light to reach the photovoltaic cell, thus optimizing its power generation capability.

Breakup by Application:

  • Utility
  • Residential
  • Non-residential

Utility dominates the market

The utility sector is dominating the market due to the sheer scale of energy production in the utility sector, which lends itself to the extensive use of photovoltaic materials. Along with this, utility-scale solar farms cover large areas of land, incorporating thousands, or even millions, of individual photovoltaic cells. This large-scale usage naturally drives a significant demand for photovoltaic materials. Furthermore, solar power aligns closely with the aims of many utility companies and governments to diversify energy sources and reduce greenhouse gas emissions. Photovoltaic technology offers a renewable, clean source of electricity that can be harnessed on a large scale, making it a practical choice for the utility sector. Besides this, the cost-effectiveness of solar power is increasingly competitive with conventional sources of electricity, especially on a utility scale.

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Asia Pacific exhibits a clear dominance in the market, accounting for the largest photovoltaic materials market share

The report has also provided a comprehensive analysis of all the major regional markets, which includes North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represented the largest market segment.

The Asia Pacific region is dominating the market as it has a strong presence of some of the largest manufacturers of photovoltaic materials globally, which leads to the increasing production of solar cells and modules. Furthermore, the region has advanced manufacturing capacities and infrastructures and supportive governmental policies that favor the growth of the solar industry. Moreover, the burgeoning energy demand due to rapid industrialization and urbanization in the regional countries is contributing to the market growth. As these countries aim to meet this demand sustainably, they are turning increasingly to renewable energy sources, particularly solar power. This trend has resulted in substantial investments in solar power installations, driving the demand for photovoltaic materials. Besides this, the geographical advantage of the Asia Pacific region, as it receives high solar irradiance, making solar power a practical and efficient energy solution, is acting as another growth-inducing factor.

Competitive Landscape:

The top companies are investing heavily in research and development (R&D) to improve the efficiency, durability, and cost-effectiveness of photovoltaic materials. They are exploring new materials and technologies, such as perovskite and organic solar cells, that could potentially revolutionize the solar industry. Furthermore, leading companies are expanding their production capacities by expanding existing facilities and constructing new manufacturing plants to meet the rising demand for photovoltaic materials. Apart from this, the increasing global focus on sustainability has prompted key market players to improve the environmental footprint of their operations. This includes initiatives to reduce energy consumption and waste in the production process and develop recycling programs for end-of-life solar panels. Moreover, leading companies are entering into strategic partnerships and collaborations with other industry players, research institutions, and governments to pool resources and expertise for joint research projects, product development, and market expansion.

The report has provided a comprehensive analysis of the competitive landscape in the global photovoltaic materials market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

  • American Elements
  • COVEME s.p.a.
  • DuPont de Nemours Inc.
  • Ferrotec Holdings Corporation
  • Honeywell International Inc.
  • KYOCERA Corporation
  • Merck KGaA
  • Mitsubishi Materials Corporation
  • Novaled GmbH (Samsung SDI Co. Ltd.)
  • Targray
  • Tata Power Solar Systems Limited (Tata Power Company Limited)
  • Wacker Chemie AG.

Key Questions Answered in This Report

  • 1.How big is the photovoltaic materials market?
  • 2.What is the future outlook of the photovoltaic materials market?
  • 3.What are the key factors driving the photovoltaic materials market?
  • 4.Which region accounts for the largest photovoltaic materials market share?
  • 5.Which are the leading companies in the global photovoltaic materials market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Photovoltaic Materials Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Polycrystalline Silicon
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Monocrystalline Silicon
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Cadmium Telluride
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Copper Indium Gallium Selenide (CIGS)
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Others
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast

7 Market Breakup by Material

  • 7.1 Front Sheet
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Encapsulant
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Back Sheet
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Others
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Utility
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Residential
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Non-residential
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 American Elements
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
    • 14.3.2 COVEME s.p.a.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 DuPont de Nemours Inc.
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
      • 14.3.3.4 SWOT Analysis
    • 14.3.4 Ferrotec Holdings Corporation
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
    • 14.3.5 Honeywell International Inc.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 KYOCERA Corporation
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 Merck KGaA
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
      • 14.3.7.3 Financials
      • 14.3.7.4 SWOT Analysis
    • 14.3.8 Mitsubishi Materials Corporation
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 Novaled GmbH (Samsung SDI Co. Ltd.)
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Targray
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 Tata Power Solar Systems Limited (Tata Power Company Limited)
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
    • 14.3.12 Wacker Chemie AG
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
      • 14.3.12.4 SWOT Analysis