Synopsis
A new additive for paints, coatings and flooring could transform any surface into a solar energy receptor. Through its application, any roof, wall, street or path becomes a photovoltaic generator, that works as a replacement or supplement to the traditional power grid. This technology is designed to work in 3V or 12V and is expected to lasts for more than 20 years.
The global Photovoltaic Coating 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 Photovoltaic Coating in various end use industries. The expanding demands from the Automotive, Construction, Textile Industry and Others, are propelling Photovoltaic Coating market. Water Based, 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 Solvent Based segment is estimated at % CAGR for the next seven-year period.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.48 GW.
Report Objectives
This report provides market insight on the different segments, by players, 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 Photovoltaic Coating, 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 Photovoltaic Coating 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 Photovoltaic Coating market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Photovoltaic Coating 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 Photovoltaic Coating covered in this report include Suntech Power Holdings, PPG Industries, Sherwin Williams, AkzoNobel, Axalta Coating Systems and BASF, etc.
The global Photovoltaic Coating market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Suntech Power Holdings
PPG Industries
Sherwin Williams
AkzoNobel
Axalta Coating Systems
BASF
Global Photovoltaic Coating 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 Photovoltaic Coating market, Segment by Type:
Water Based
Solvent Based
Global Photovoltaic Coating market, by Application
Automotive
Construction
Textile Industry
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by 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 Four: Detailed analysis of Photovoltaic Coating companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index
1 Market Overview of Photovoltaic Coating
1.1 Photovoltaic Coating Market Overview
1.1.1 Photovoltaic Coating Product Scope
1.1.2 Photovoltaic Coating Market Status and Outlook
1.2 Global Photovoltaic Coating Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Photovoltaic Coating Market Size by Region (2018-2029)
1.4 Global Photovoltaic Coating Historic Market Size by Region (2018-2023)
1.5 Global Photovoltaic Coating Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Photovoltaic Coating Market Size (2018-2029)
1.6.1 North America Photovoltaic Coating Market Size (2018-2029)
1.6.2 Europe Photovoltaic Coating Market Size (2018-2029)
1.6.3 Asia-Pacific Photovoltaic Coating Market Size (2018-2029)
1.6.4 Latin America Photovoltaic Coating Market Size (2018-2029)
1.6.5 Middle East & Africa Photovoltaic Coating Market Size (2018-2029)
2 Photovoltaic Coating Market by Type
2.1 Introduction
2.1.1 Water Based
2.1.2 Solvent Based
2.2 Global Photovoltaic Coating Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Photovoltaic Coating Historic Market Size by Type (2018-2023)
2.2.2 Global Photovoltaic Coating Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Photovoltaic Coating Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Photovoltaic Coating Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Photovoltaic Coating Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Photovoltaic Coating Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Photovoltaic Coating Revenue Breakdown by Type (2018-2029)
3 Photovoltaic Coating Market Overview by Application
3.1 Introduction
3.1.1 Automotive
3.1.2 Construction
3.1.3 Textile Industry
3.1.4 Others
3.2 Global Photovoltaic Coating Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Photovoltaic Coating Historic Market Size by Application (2018-2023)
3.2.2 Global Photovoltaic Coating Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Photovoltaic Coating Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Photovoltaic Coating Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Photovoltaic Coating Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Photovoltaic Coating Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Photovoltaic Coating Revenue Breakdown by Application (2018-2029)
4 Photovoltaic Coating Competition Analysis by Players
4.1 Global Photovoltaic Coating Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Photovoltaic Coating as of 2022)
4.3 Date of Key Players Enter into Photovoltaic Coating Market
4.4 Global Top Players Photovoltaic Coating Headquarters and Area Served
4.5 Key Players Photovoltaic Coating Product Solution and Service
4.6 Competitive Status
4.6.1 Photovoltaic Coating Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Suntech Power Holdings
5.1.1 Suntech Power Holdings Profile
5.1.2 Suntech Power Holdings Main Business
5.1.3 Suntech Power Holdings Photovoltaic Coating Products, Services and Solutions
5.1.4 Suntech Power Holdings Photovoltaic Coating Revenue (US$ Million) & (2018-2023)
5.1.5 Suntech Power Holdings Recent Developments
5.2 PPG Industries
5.2.1 PPG Industries Profile
5.2.2 PPG Industries Main Business
5.2.3 PPG Industries Photovoltaic Coating Products, Services and Solutions
5.2.4 PPG Industries Photovoltaic Coating Revenue (US$ Million) & (2018-2023)
5.2.5 PPG Industries Recent Developments
5.3 Sherwin Williams
5.3.1 Sherwin Williams Profile
5.3.2 Sherwin Williams Main Business
5.3.3 Sherwin Williams Photovoltaic Coating Products, Services and Solutions
5.3.4 Sherwin Williams Photovoltaic Coating Revenue (US$ Million) & (2018-2023)
5.3.5 AkzoNobel Recent Developments
5.4 AkzoNobel
5.4.1 AkzoNobel Profile
5.4.2 AkzoNobel Main Business
5.4.3 AkzoNobel Photovoltaic Coating Products, Services and Solutions
5.4.4 AkzoNobel Photovoltaic Coating Revenue (US$ Million) & (2018-2023)
5.4.5 AkzoNobel Recent Developments
5.5 Axalta Coating Systems
5.5.1 Axalta Coating Systems Profile
5.5.2 Axalta Coating Systems Main Business
5.5.3 Axalta Coating Systems Photovoltaic Coating Products, Services and Solutions
5.5.4 Axalta Coating Systems Photovoltaic Coating Revenue (US$ Million) & (2018-2023)
5.5.5 Axalta Coating Systems Recent Developments
5.6 BASF
5.6.1 BASF Profile
5.6.2 BASF Main Business
5.6.3 BASF Photovoltaic Coating Products, Services and Solutions
5.6.4 BASF Photovoltaic Coating Revenue (US$ Million) & (2018-2023)
5.6.5 BASF Recent Developments
6 North America
6.1 North America Photovoltaic Coating Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Photovoltaic Coating Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Photovoltaic Coating Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Photovoltaic Coating Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Photovoltaic Coating Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Photovoltaic Coating Market Dynamics
11.1 Photovoltaic Coating Industry Trends
11.2 Photovoltaic Coating Market Drivers
11.3 Photovoltaic Coating Market Challenges
11.4 Photovoltaic Coating Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List