Global Solar Energy Adhesive Market Research Report 2024(Status and Outlook)
The global Solar Energy Adhesive market size was valued at US$ 678.4 million in 2024 and is projected to reach US$ 1.23 billion by 2030, at a CAGR of 10.4% during the forecast period 2024-2030.
The United States Solar Energy Adhesive market size was valued at US$ 198.4 million in 2024 and is projected to reach US$ 345.6 million by 2030, at a CAGR of 9.7% during the forecast period 2024-2030.
Solar energy adhesives are specialized bonding materials designed for solar panel assembly and installation, providing durability and weather resistance.
The global Solar Energy Adhesive market is growing rapidly, driven by solar energy adoption and renewable infrastructure development. In 2023, total consumption reached 85,000 metric tons, with PV module assembly accounting for 70% of demand. The silicone-based segment is the fastest-growing at 11.5% annually. The market saw a 30% increase in demand for fast-curing adhesives in 2023, reflecting manufacturing efficiency needs. EVA-based adhesives dominate with a 55% market share, while silicone adhesives are growing at 12% annually. Asia Pacific leads with a 50% market share and is also the fastest-growing region at 11.2% CAGR. The industry is focusing on developing high-durability formulations, with a 35% growth in R&D investments for extended service life.
Report Overview
In the manufacture of solar cells, adhesives are one of the essential raw materials.These adhesive products have applications in energy storage and batteries, wind power and solar applications. These products include polyolefins, EVAs, polyurethanes and polyamides.
This report provides a deep insight into the global Solar Energy Adhesive market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Solar Energy Adhesive Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Solar Energy Adhesive market in any manner.
Global Solar Energy Adhesive Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
- H.B. Fuller
- 3M Company
- Henkel
- Evonik Industries
- Epic Resins
- Dow
- Sika
- Wacker Chemie AG
- LORD Corp
- Shanghai Huitian New Material
Market Segmentation (by Type)
- Epoxy-based Adhesive
- Polyurethane-based Adhesive
- Silicon--based Adhesive
- Others
Market Segmentation (by Application)
- Crystalline Silicon Solar Cell
- Thin Film Solar Cell
- Other
Geographic Segmentation
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Argentina, Columbia, Rest of South America)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Solar Energy Adhesive Market
- Overview of the regional outlook of the Solar Energy Adhesive Market:
Key Reasons to Buy this Report:
- Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
- This enables you to anticipate market changes to remain ahead of your competitors
- You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
- The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 6-month post-sales analyst support
Customization of the Report
In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Solar Energy Adhesive Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.
Table of content
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Solar Energy Adhesive
1.2 Key Market Segments
1.2.1 Solar Energy Adhesive Segment by Type
1.2.2 Solar Energy Adhesive Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Solar Energy Adhesive Market Overview
2.1 Global Market Overview
2.1.1 Global Solar Energy Adhesive Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Solar Energy Adhesive Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Solar Energy Adhesive Market Competitive Landscape
3.1 Global Solar Energy Adhesive Sales by Manufacturers (2019-2024)
3.2 Global Solar Energy Adhesive Revenue Market Share by Manufacturers (2019-2024)
3.3 Solar Energy Adhesive Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Solar Energy Adhesive Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Solar Energy Adhesive Sales Sites, Area Served, Product Type
3.6 Solar Energy Adhesive Market Competitive Situation and Trends
3.6.1 Solar Energy Adhesive Market Concentration Rate
3.6.2 Global 5 and 10 Largest Solar Energy Adhesive Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
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