Global Photovoltaic Materials Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

Segmented by Materials;

Polycrystalline Silicon, Monocrystalline Silicon, Copper Indium Gallium Selenide (CIGS), Cadmium Telluride and Others.

Segmented by Product;

Front Sheet, Encapsulant, Back Sheet and Others.

Segmented by Application;

Residential, Non-Residential and Utility.

Segmented by Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn314046402 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Photovoltaic Materials Market (USD Million), 2020 - 2030

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
# Global Market (USD Million), 2020 - 2030
2020 92.3
2021 107.7
2022 123.1
2023 137.9
2024 158.0
2025 167.7
2026 182.8
2027 207.0
2028 208.3
2029 231.3
2030 244.4

In the year 2023, the Global Photovoltaic Materials Market was valued at USD 15,133.95 million. The size of this market is expected to increase to USD 21,869.39 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Materials
    2. Market Snapshot, By Product
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
    5. Market Opportunity Map
  4. Global Photovoltaic Materials Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Concerns regarding the environment and clean energy awareness are few of the factors that are expected to drive the market growth
        2. Government initiatives and programs to promote renewable energy and its market share in the company is also expected to drive the market growth
      2. Restraints
        1. High cost and requirements of a number of other resources for the installation of solar cells is expected to act as a restraint to the market growth
        2. High set-up cost and entry barriers for the manufacturers is also expected to restrain the market growth
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Photovoltaic Materials Market, By Materials, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Polycrystalline Silicon
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Monocrystalline Silicon
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Copper Indium Gallium Selenide (CIGS)
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. Cadmium Telluride
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        5. Others
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    2. Global Photovoltaic Materials Market, By Product, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Front Sheet
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Encapsulant
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Back Sheet
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. Others
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    3. Global Photovoltaic Materials Market, By Application, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Residential
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Non-Residential
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Utility
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    4. Global Photovoltaic Materials Market, By Geography, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Regional Trends
        1. North America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            1. United States
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            2. Canada
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
        2. Europe
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            1. Germany
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            2. United Kingdom
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            3. France
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            4. Italy
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            5. Spain
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            6. Rest of Europe
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
        3. Asia Pacific
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            1. Japan
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            2. China
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            3. India
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            4. Australia & New Zealand
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            5. South Korea
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            6. ASEAN (Association of South East Asian Countries)
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            7. Rest of Asia Pacific
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
        4. Middle East & Africa
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            1. GCC
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            2. Israel
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            3. South Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            4. Rest of Middle East & Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
        5. Latin America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            1. Brazil
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            2. Mexico
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            3. Argentina
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
            4. Rest of Latin America
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Materials, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Product, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2030 (USD Million)
  6. Competitive Landscape
    1. Heat Map Analysis
    2. Company Profiles
      1. Kaneka Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      2. KYOCERA Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      3. Mitsubishi Electric Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      4. DuPont
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      5. American Elements
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      6. 1366 Technologies
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      7. Merck KGaA
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      8. Honeywell International Inc
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      9. Coveme
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      10. Targray
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      11. Novaled GmbH
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      12. Ferrotec (USA) Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      13. HANGZHOU FIRST APPLIED MATERIAL CO.LTD
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      14. Wacker Chemie AG
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      15. ARMOR
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      16. Tata Power Solar Systems Ltd
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      17. Vikram Solar Limited
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      18. Conergy
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      19. Panasonic Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      20. SHARP CORPORATION
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      21. First Solar
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      22. Trina Solar
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      23. Jinko Solar
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      24. Jingao Solar Holdings Co. Ltd
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      25. Hanwha Q CELLS, Renesola
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      26. Yingli Solar
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      27. Duke Energy Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      28. Shunfeng International Clean Energy Limited
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      29. RISEN ENERGY CO. LTD
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
  7. Analyst Views
  8. Future Outlook of the Market

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