Press release
Solar Panel Coatings Market to Reach USD 6.9 Billion by 2028, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/3425/solar-panel-coatings-market.html
Market Statistics
• Market size (2021): USD 2.08 billion
• Forecast value (2028): USD 6.9 billion
• CAGR (2022-2028): 22.1%
• Forecast period: 2022-2028
• Base year: 2021
• Total number of segments: 3
• Tables & figures: 100+
• Country-Level Market Assessment: 20
MARKET SEGMENTATION
By Type
• Anti-Reflective
• Hydrophobic
• Self-Cleaning
• Anti-Soiling
• Anti-Abrasion
• Others
By Application Type
• Residential
• Commercial
• Energy
• Agriculture
• Automobiles
• Others
By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
SEGMENT ANALYSIS
In the Type category, the Anti-Reflective segment is expected to remain the dominant segment over the forecast period because it significantly reduces light reflectivity from PV surfaces, allowing more sunlight to be absorbed by solar cells, leading to improved energy conversion efficiency and performance of panels; this dominance suggests that technology developers should prioritize anti-reflective innovations to capture broad market demand.
For the Application Type, the Residential segment is anticipated to hold the largest share, driven by increasing rooftop solar installations in residential buildings as consumers and developers seek cleaner and cost-effective electricity solutions; this provides strategic opportunities for suppliers to tailor coatings that meet residential solar performance requirements.
REGIONAL INSIGHTS
Asia-Pacific is expected to remain the largest regional market throughout the forecast period due to strong investments in solar energy infrastructure, rapid growth in solar installations, and supportive government policies toward renewable energy, reinforcing the region's status as the key hub for solar panel coatings demand.
MARKET DRIVERS
• Increasing global demand for solar energy as countries adopt renewable energy targets.
• Rising investments in utility-scale and distributed solar projects driving demand for high-performance coatings.
• Need for enhanced PV panel efficiency to maximize energy output under varied environmental conditions.
• Growing adoption of residential solar installations increasing application-specific coatings requirements.
• Focus on coatings that offer self-cleaning and anti-soiling properties to reduce maintenance costs.
COMPETITIVE LANDSCAPE
Top Companies in the Market
• 3M
• Akzo Nobel N.V.
• Arkema S.A.
• BASF SE
• Diamon-Fusion International
• DSM
• Element 119
• FENZI SpA
• Kansai Paint Co., Ltd
• Koninklijke DSM N.V.
• Nanopool GmbH
• Nanotech Products Pty Ltd.
• Optitune Oy
• PPG Industries Inc.
• Sherwin-Williams
• Unelko Corporation
FAQs
1. What was the size of the solar panel coatings market in 2021?
The market was estimated at USD 2.08 billion in 2021.
2. How much is the solar panel coatings market expected to be worth by 2028?
It is expected to reach USD 6.9 billion by 2028.
3. What CAGR is the solar panel coatings market forecast to achieve from 2022 to 2028?
About 22.1%.
4. Which type of coating is expected to lead the market?
Anti-Reflective coatings are expected to lead the market.
5. Which application segment holds the major share of the solar panel coatings market?
The residential application segment holds the major share.
Related Links:
lanolin market : https://www.leenkup.com/read-blog/84057#google_vignette
linear low density polyethylene market : https://biiut.com/read-blog/30528
lng storage tank market: https://vintfint.com/blogs/112508/Global-LNG-Storage-Tank-Market-Applications-Growth-and-Investment-Potential
lubricating oil additives market : https://hallbook.com.br/blogs/858613/Global-Lubricating-Oil-Additives-Market-Analysis-Trends-Drivers-and-Opportunities
Metal foam market : https://www.friend007.com/read-blog/282593
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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