Global Solar Panel Coatings Market Research Report 2018-2026
Summary – A new market study, “Global Solar Panel Coatings Market Industry Analysis and Forecast (2018-2026) ”has been featured on WiseGuyReports.
Global Solar Panel Coatings Market was valued US$ 3.5 Bn in 2017
and is estimated to reach US$ 19.0 Bn by 2026 at a CAGR of 23.55 %.
Strong government-support to generate renewable energy by using
solar panels accelerates the market growth. Solar panels are being extensively
utilized in generating energy in residential and utility scale. Solar panel
coatings possess an excellent absorption capacity and high light transitivity
thereby exhibiting maximum efficiency
Residential segment is anticipated to dominate the market
throughout the forecast period. Rise in the adoption of installation of solar
panels for generating energy and rising demand for installing rooftop solar
panels for generating solar energy. Rooftop solar panels comprise 80 % share.
Anti-reflective coatings enhance the absorption capacity,
improve light transitivity, and reduce the reflection, thereby improving the
overall efficiency of solar panels hence drives the demand for anti-reflective
solar panel coatings. Hydrophobic segment is the second largest segment of
solar panel coatings market and is estimated to witness considerable demand in
the forecast. Excellent property of hydrophobic coatings does not allow the
water to remain on the surface of solar panels.
The Asia Pacific is growing at a rapid pace due rise in the
demand for solar panels to generate energy. In the Asia Pacific, China is major
consumer of solar panel installation, 45% of the capacity is installed by China
in the year 2017. Runner-ups in the total installation are United States,
Germany, Japan, India and Italy respectively.
The report covers the total market for solar panel coatings and
the impact of the different market factors, such as drivers, restraints, and
opportunities, challenges key issues SWOT analysis, and technology forecasting
is also illustrated in the report. This gives an idea about the key drivers,
such as high growth and demand in emerging economies countries.
Scope of the Global Solar Panel Coatings Market
Global Solar Panel Coatings Market, by Product:
Anti-reflective
Hydrophobic
Self-cleaning
Anti-soiling
Anti-abrasion
Global Solar Panel Coatings Market, by End-Use
Industry:
Residential
Commercial
Energy
Agriculture
Automotive
Global Solar Panel Coatings Market, by Region:
North America
Europe
Asia Pacific
South America
Middle East & Africa
Key Players analyzed in the Report:
Arkema Group
Fenzi SpA
NanoTech Products Pty Limited
Koninklijke DSM N.V
3M
PPG Industries Inc.
nanoShell Limited
Unelko Corporation
Optitune Oy
Diamon-Fusion International Inc. (DFI)
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