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Solar Panel Adhesives-Global Market Insights and Sales Trends 2024
Synopsis
Sealants and adhesives are one of the essential components in solar panel, wind turbines, and fuel cells. Solar panel adhesives help reduce assembly cost.
The global Solar Panel Adhesives market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Solar Panel Adhesives in various end use industries. The expanding demands from the Commercial and Residential, are propelling Solar Panel Adhesives market. Epoxy, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Polyurethane segment is estimated at % CAGR for the next seven-year period.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.332 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solar Panel Adhesives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solar Panel Adhesives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solar Panel Adhesives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Panel Adhesives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solar Panel Adhesives covered in this report include 3M Company, H.B. Fuller, Evonik Industries, Epic Resins and Dow Corning Corporation, etc.
The global Solar Panel Adhesives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
3M Company
H.B. Fuller
Evonik Industries
Epic Resins
Dow Corning Corporation
Global Solar Panel Adhesives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solar Panel Adhesives market, Segment by Type:
Epoxy
Polyurethane
Global Solar Panel Adhesives market, by Application
Commercial
Residential
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Solar Panel Adhesives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solar Panel Adhesives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Sealants and adhesives are one of the essential components in solar panel, wind turbines, and fuel cells. Solar panel adhesives help reduce assembly cost.
The global Solar Panel Adhesives market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Solar Panel Adhesives in various end use industries. The expanding demands from the Commercial and Residential, are propelling Solar Panel Adhesives market. Epoxy, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Polyurethane segment is estimated at % CAGR for the next seven-year period.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.332 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solar Panel Adhesives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solar Panel Adhesives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solar Panel Adhesives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Panel Adhesives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solar Panel Adhesives covered in this report include 3M Company, H.B. Fuller, Evonik Industries, Epic Resins and Dow Corning Corporation, etc.
The global Solar Panel Adhesives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
3M Company
H.B. Fuller
Evonik Industries
Epic Resins
Dow Corning Corporation
Global Solar Panel Adhesives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solar Panel Adhesives market, Segment by Type:
Epoxy
Polyurethane
Global Solar Panel Adhesives market, by Application
Commercial
Residential
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Solar Panel Adhesives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solar Panel Adhesives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Solar Panel Adhesives Market Overview
1.1 Solar Panel Adhesives Product Overview
1.2 Solar Panel Adhesives Market Segment by Type
1.2.1 Epoxy
1.2.2 Polyurethane
1.3 Global Solar Panel Adhesives Market Size by Type
1.3.1 Global Solar Panel Adhesives Market Size Overview by Type (2018-2029)
1.3.2 Global Solar Panel Adhesives Historic Market Size Review by Type (2018-2023)
1.3.3 Global Solar Panel Adhesives Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Solar Panel Adhesives Sales Breakdown by Type (2018-2023)
1.4.2 Europe Solar Panel Adhesives Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Solar Panel Adhesives Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Solar Panel Adhesives Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Solar Panel Adhesives Sales Breakdown by Type (2018-2023)
2 Global Solar Panel Adhesives Market Competition by Company
2.1 Global Top Players by Solar Panel Adhesives Sales (2018-2023)
2.2 Global Top Players by Solar Panel Adhesives Revenue (2018-2023)
2.3 Global Top Players by Solar Panel Adhesives Price (2018-2023)
2.4 Global Top Manufacturers Solar Panel Adhesives Manufacturing Base Distribution, Sales Area, Product Type
2.5 Solar Panel Adhesives Market Competitive Situation and Trends
2.5.1 Solar Panel Adhesives Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Solar Panel Adhesives Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Solar Panel Adhesives as of 2022)
2.7 Date of Key Manufacturers Enter into Solar Panel Adhesives Market
2.8 Key Manufacturers Solar Panel Adhesives Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Solar Panel Adhesives Status and Outlook by Region
3.1 Global Solar Panel Adhesives Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Solar Panel Adhesives Historic Market Size by Region
3.2.1 Global Solar Panel Adhesives Sales in Volume by Region (2018-2023)
3.2.2 Global Solar Panel Adhesives Sales in Value by Region (2018-2023)
3.2.3 Global Solar Panel Adhesives Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Solar Panel Adhesives Forecasted Market Size by Region
3.3.1 Global Solar Panel Adhesives Sales in Volume by Region (2024-2029)
3.3.2 Global Solar Panel Adhesives Sales in Value by Region (2024-2029)
3.3.3 Global Solar Panel Adhesives Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Solar Panel Adhesives by Application
4.1 Solar Panel Adhesives Market Segment by Application
4.1.1 Commercial
4.1.2 Residential
4.2 Global Solar Panel Adhesives Market Size by Application
4.2.1 Global Solar Panel Adhesives Market Size Overview by Application (2018-2029)
4.2.2 Global Solar Panel Adhesives Historic Market Size Review by Application (2018-2023)
4.2.3 Global Solar Panel Adhesives Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Solar Panel Adhesives Sales Breakdown by Application (2018-2023)
4.3.2 Europe Solar Panel Adhesives Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Solar Panel Adhesives Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Solar Panel Adhesives Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Solar Panel Adhesives Sales Breakdown by Application (2018-2023)
5 North America Solar Panel Adhesives by Country
5.1 North America Solar Panel Adhesives Historic Market Size by Country
5.1.1 North America Solar Panel Adhesives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Solar Panel Adhesives Sales in Volume by Country (2018-2023)
5.1.3 North America Solar Panel Adhesives Sales in Value by Country (2018-2023)
5.2 North America Solar Panel Adhesives Forecasted Market Size by Country
5.2.1 North America Solar Panel Adhesives Sales in Volume by Country (2024-2029)
5.2.2 North America Solar Panel Adhesives Sales in Value by Country (2024-2029)
6 Europe Solar Panel Adhesives by Country
6.1 Europe Solar Panel Adhesives Historic Market Size by Country
6.1.1 Europe Solar Panel Adhesives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Solar Panel Adhesives Sales in Volume by Country (2018-2023)
6.1.3 Europe Solar Panel Adhesives Sales in Value by Country (2018-2023)
6.2 Europe Solar Panel Adhesives Forecasted Market Size by Country
6.2.1 Europe Solar Panel Adhesives Sales in Volume by Country (2024-2029)
6.2.2 Europe Solar Panel Adhesives Sales in Value by Country (2024-2029)
7 Asia-Pacific Solar Panel Adhesives by Region
7.1 Asia-Pacific Solar Panel Adhesives Historic Market Size by Region
7.1.1 Asia-Pacific Solar Panel Adhesives Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Solar Panel Adhesives Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Solar Panel Adhesives Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Solar Panel Adhesives Forecasted Market Size by Region
7.2.1 Asia-Pacific Solar Panel Adhesives Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Solar Panel Adhesives Sales in Value by Region (2024-2029)
8 Latin America Solar Panel Adhesives by Country
8.1 Latin America Solar Panel Adhesives Historic Market Size by Country
8.1.1 Latin America Solar Panel Adhesives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Solar Panel Adhesives Sales in Volume by Country (2018-2023)
8.1.3 Latin America Solar Panel Adhesives Sales in Value by Country (2018-2023)
8.2 Latin America Solar Panel Adhesives Forecasted Market Size by Country
8.2.1 Latin America Solar Panel Adhesives Sales in Volume by Country (2024-2029)
8.2.2 Latin America Solar Panel Adhesives Sales in Value by Country (2024-2029)
9 Middle East and Africa Solar Panel Adhesives by Country
9.1 Middle East and Africa Solar Panel Adhesives Historic Market Size by Country
9.1.1 Middle East and Africa Solar Panel Adhesives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Solar Panel Adhesives Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Solar Panel Adhesives Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Solar Panel Adhesives Forecasted Market Size by Country
9.2.1 Middle East and Africa Solar Panel Adhesives Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Solar Panel Adhesives Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 3M Company
10.1.1 3M Company Company Information
10.1.2 3M Company Introduction and Business Overview
10.1.3 3M Company Solar Panel Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.1.4 3M Company Solar Panel Adhesives Products Offered
10.1.5 3M Company Recent Development
10.2 H.B. Fuller
10.2.1 H.B. Fuller Company Information
10.2.2 H.B. Fuller Introduction and Business Overview
10.2.3 H.B. Fuller Solar Panel Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.2.4 H.B. Fuller Solar Panel Adhesives Products Offered
10.2.5 H.B. Fuller Recent Development
10.3 Evonik Industries
10.3.1 Evonik Industries Company Information
10.3.2 Evonik Industries Introduction and Business Overview
10.3.3 Evonik Industries Solar Panel Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Evonik Industries Solar Panel Adhesives Products Offered
10.3.5 Evonik Industries Recent Development
10.4 Epic Resins
10.4.1 Epic Resins Company Information
10.4.2 Epic Resins Introduction and Business Overview
10.4.3 Epic Resins Solar Panel Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Epic Resins Solar Panel Adhesives Products Offered
10.4.5 Epic Resins Recent Development
10.5 Dow Corning Corporation
10.5.1 Dow Corning Corporation Company Information
10.5.2 Dow Corning Corporation Introduction and Business Overview
10.5.3 Dow Corning Corporation Solar Panel Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Dow Corning Corporation Solar Panel Adhesives Products Offered
10.5.5 Dow Corning Corporation Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Solar Panel Adhesives Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Solar Panel Adhesives Industrial Chain Analysis
11.4 Solar Panel Adhesives Market Dynamics
11.4.1 Solar Panel Adhesives Industry Trends
11.4.2 Solar Panel Adhesives Market Drivers
11.4.3 Solar Panel Adhesives Market Challenges
11.4.4 Solar Panel Adhesives Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Solar Panel Adhesives Distributors
12.3 Solar Panel Adhesives Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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