Global Glass for Solar Cells Market Insights and Forecast to 2028

Glass for solar cells is generally used as an encapsulation sheet for solar modules to protect solar cells. After the solar cell is installed in the solar panel, the conversion efficiency will be reduced because the encapsulating glass absorbs and reflects sunlight. Therefore, in order to minimize the reflection and absorption of sunlight so that more sunlight can pass through the protective glass and hit the solar cell, the quality of the encapsulation glass is very important. Because of this unique feature, as the global use of solar energy continues to rise and the installation of solar modules and panels increases, there is an even greater demand for specialized, high-quality and high-transparency solar glass products.
Market Analysis and Insights: Global Glass for Solar Cells Market
Due to the COVID-19 pandemic, the global Glass for Solar Cells market size is estimated to be worth US$ 4276 million in 2022 and is forecast to a readjusted size of US$ 8394.9 million by 2028 with a CAGR of 11.9% during the review period. Fully considering the economic change by this health crisis, 3.2mm accounting for % of the Glass for Solar Cells global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Single Glass Module segment is altered to an % CAGR throughout this forecast period.
Global Glass for Solar Cells key players include Xinyi Solar, FLAT, IRICO Group, CNBM, CSG, etc. Global top five manufacturers hold a share over 80%.
China is the largest market, with a share over 95%, followed by Southeast Asia and India.
In terms of product, 3.2mm is the largest segment, with a share about 65%. And in terms of application, the largest application is Dual Glass Module, followed by Single Glass Module.
In terms of production side, this report researches the Glass for Solar Cells capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Glass for Solar Cells by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Glass for Solar Cells Scope and Segment
Glass for Solar Cells market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Glass for Solar Cells market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
3.2mm
2.5mm
2.0mm
Others
Segment by Application
Single Glass Module
Dual Glass Module
By Company
Xinyi Solar
FLAT
IRICO Group
CNBM
CSG
AVIC Sanxin
ACHT
Almaden
Xinda
Xinfuxing
Topray Solar
GMB
Borosil
Production by Region
North America
Europe
China
Japan
Latin America
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE