The photovoltaic coating liquid industry is highly concentrated and the market share of environmentally friendly products is expected to increase

Photovoltaic coating fluid, also known as photovoltaic anti-reflection coating fluid and photovoltaic glass coating fluid, refers to a coating material that is applied to the surface of photovoltaic glass to enhance the light transmittance and improve the photoelectric conversion efficiency of photovoltaic modules. Photovoltaic coating fluids need to have good chemical stability, strong adhesion, good weather resistance, high hardness, wear resistance and other properties, and are in high demand in the field of photovoltaic power generation.

Photovoltaic coating fluid is usually made of iron oxide, aluminum oxide, zirconium oxide, silicon oxide, expansion agent, water and antibacterial agent as raw materials. Silicon oxide has the advantages of high hardness, good chemical stability, and corrosion resistance, and is widely used in the production process of photovoltaic coating fluids. As the level of technological innovation of local enterprises continues to improve, the quality and output of silicon oxide in my country have further improved, and China has become one of the major producing countries in the world. Benefiting from the sufficient supply of raw materials, the development speed of my country’s photovoltaic coating fluid industry will accelerate.

There are many types of photovoltaic coating fluids. According to different properties, they can be divided into two categories: hydrophilic photovoltaic coating fluids and hydrophobic photovoltaic coating fluids. Hydrophilic photovoltaic coating fluids are more commonly used in humid and rainy areas; hydrophobic photovoltaic coating fluids are more commonly used in dry and windy areas. In recent years, with the tightening of national environmental protection policies, my country’s photovoltaic coating fluid industry has gradually developed in a green and environmentally friendly direction. It is expected that the market share of environmentally friendly photovoltaic coating fluids will increase in the future.

According to the “2023-2028 China Photovoltaic Coating Liquid Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center , the photovoltaic power generation field is the largest demand end for photovoltaic coating fluids. As the prosperity of the new energy power generation industry increases, the scale of my country’s photovoltaic power generation installed capacity continues to grow. According to the “Photovoltaic Power Generation Construction and Operation Status in 2022” released by the National Energy Administration, my country’s newly installed photovoltaic power generation capacity reached 87.41 million kilowatts, and the cumulative installed capacity reached 392.04 million kilowatts. Photovoltaic coating fluid can be used to repair and maintain damaged films in photovoltaic power stations, and can also improve the photoelectric conversion rate of photovoltaic modules. As downstream demand becomes increasingly strong, its industry development prospects will continue to improve.

my country’s photovoltaic coating liquid market has a small number of participants and a high degree of industry concentration. Yong’an Optoelectronics is a representative enterprise in my country. Yong’an Optical Technology focuses on the R&D, production and sales of optical coating fluids, coating equipment and coating products. It has successfully launched a full range of photovoltaic coating fluid products and has two major production bases in Ningbo and Xi’an.

Industry analysts said that photovoltaic coating fluids, as photovoltaic coating materials, are in strong demand in the field of photovoltaic power generation. Benefiting from the accelerated development of downstream industries, my country’s photovoltaic coating liquid market space continues to expand. In terms of market competition, my country’s photovoltaic coating fluid industry is highly concentrated, with leading companies occupying a dominant position in the market. In the future, companies with large-scale production capabilities for environmentally friendly photovoltaic coating fluids will gain more market share.