Photovoltaic Materials Market To Surpass $36.23 Billion Threshold By 2025: Grand View Research, Inc.8/20/2018 The global photovoltaic materials market is expected to reach USD 36.23 billion by 2025, according to a new report by Grand View Research, Inc. The growing PV installations coupled with rise in module manufacturing facilities in Asia Pacific is driving market demand.
The demand for photovoltaic materials is the highest in the construction of solar cell. The growing number of PV projects commissioned by the government is boosting the consumption. The government incentive offered on building integrated photovoltaics is expected to further augment market demand. Asia Pacific accounted for the maximum market share owing to the presence of a large number of module manufacturers in China and India. The slowdown in the Chinese manufacturing sector due to sanctions imposed by the government is expected to force module manufacturers to turn towards other developing countries. The growing exports of solar cells from Asia Pacific to North America and Europe are expected to have a positive impact on market demand. Full Research Report On Global Photovoltaic Materials Market By Grand View Research: www.grandviewresearch.com/industry-analysis/photovoltaic-pv-materials-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/renewable-energy Grand View Research has segmented the global photovoltaic materials market on the basis of material, product, application and region: Material Outlook (Revenue, USD Million, 2014 - 2025)
www.grandviewresearch.com/press-release/global-photovoltaic-pv-materials-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For More Information: www.grandviewresearch.com
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