Solar Module Sealant Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 8.5% from 2026 to 2033, reaching USD 2.5 Billion by 2033.
In 2022, the global solar module sealant market was valued at approximately USD 372.5 million and is projected to reach USD 644 million by 2029, reflecting a compound annual growth rate (CAGR) of 8.1% during the forecast period. Regionally, the market distribution in 2023 was as follows: North America accounted for USD 62 million, Europe USD 73 million, Asia Pacific USD 97 million, and Latin America, Middle East & Africa combined USD 15 million. Notably, the Asia Pacific region emerged as the fastest growing market, with a projected CAGR of 8.5%, driven by increased solar installations in countries like China and India. The market segmentation by type in 2023 indicated that one component sealants held a significant share, valued at USD 145 million, while two component sealants accounted for USD 102 million. In terms of applications, sealing of solar panels was the predominant segment, valued at USD 127 million, followed by sealing of aluminum frames of photovoltaic modules at USD 82 million. Opportunities in the market are bolstered by technological advancements leading to high performance sealants with enhanced durability and weather resistance, as well as supportive government policies promoting solar energy adoption.
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DOW
Henkel
HB Fuller
deVan Sealants
Sun-Age
Hubei Huitian New Materials
Guangzhou Jointas Chemical
GUIBAO
HANGZHOU ZHIJIANG SILICONE CHEMICALS
Jiangsu Tianchen New Materials
Siway
Bondzil
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Solar Module Sealant Market
Drip Irrigation Systems
Sprinkler Irrigation Systems
Surface Irrigation Systems
Subsurface Irrigation Systems
Aquaponics and Hydroponics Systems
Solar Panels
Water Pumps
Control Systems
Battery Storage
Controllers and Sensors
Agricultural Farming
Parks and Gardens
Landscaping
Greenhouses
Fruit Orchards
Photovoltaic Systems
Concentrated Solar Power (CSP) Systems
Hybrid Systems
Building-Integrated Photovoltaics (BIPV)
Off-grid Solar Systems
Commercial Farmers
Smallholder Farmers
Research and Educational Institutions
Government Agricultural Departments
Non-Governmental Organizations (NGOs)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Solar Module Sealant Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Solar Module Sealant Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Solar Module Sealant Market, By Type
6. Global Solar Module Sealant Market, By Application
7. Global Solar Module Sealant Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Solar Module Sealant Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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