Oct 10, 2022   SOURCE: BusinessWire

Worldwide Solar Paint Industry to 2027 - Featuring SolarPaint, Transfer Electric, Solar Energy and Onyx Solar - ResearchAndMarkets.com

The "Global Solar Paint Market, By Technology (Solar Paint Hydrogen, Quantum Dot (Photovoltaic Paint), Perovskite Solar Paint), By End User, By Application, By Region, Competition Forecast and Opportunities, 2017-2027" report has been added to ResearchAndMarkets.com's offering.

The global solar paint market is expected to grow at a significant rate during the forecast period. The market growth can be attributed to the surging demand for renewable energy due to enhanced eco-consciousness and growing initiatives by the government to cut down carbon footprint with the use of sustainable energy sources. Solar paints are composed by mixing photovoltaic particles in the paint and applied on the walls, doors, frames, etc. to convert solar energy into electricity.

Although solar paint is still in the experimental stage, market players are developing different type of solar paints such as Quantum dots, Perovskite solar paint, and hydrogen-producing solar paint, which is expected to increase their adoption in the coming years. Besides, advancements in the renewable energy products for better productivity and maximizing energy outputs are also fueling the growth of the global solar paint market.

Researchers are increasingly working to improve the efficiency of solar paints and make them affordable and cost-effective to promote their application in the global solar paint market, which is expected to drive the growth of the global solar paint market in the coming years.

Surging demand for alternative forms of energy owing depleting natural energy resources like fossil fuels and growing renewable energy production worldwide are also propelling the global solar paint market growth. Moreover, advancements in the renewable energy generation and increasing need to make solar energy generation affordable are substantiating the growth of the global solar paint market in the forecast period.

Years Considered for This Report:

  • Historical Years: 2017-2020
  • Base Year: 2021
  • Estimated Year: 2022E
  • Forecast Period: 2023F-2027F

Objective of the Study:

  • To analyze the historical growth in the market size of global solar paint market from 2017 to 2021
  • To estimate and forecast the market size of global solar paint market from 2022E to 2027F and growth rate until 2027F
  • To classify and forecast global solar paint market based on technology, end user, application, region, and competitive Landscape
  • To identify dominant region or segment in the global solar paint market
  • To identify drivers and challenges for global solar paint market
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc, in global solar paint market
  • To identify and analyze the profile of leading players operating in global solar paint market
  • To identify key sustainable strategies adopted by market players in global solar paint market

Companies Mentioned

  • SolarPaint Ltd.
  • Transfer Electric GmbH
  • Solar Energy Corporation
  • Onyx Solar

Report Scope:

In this report, global solar paint market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Solar Paint Market, By Technology:

  • Solar Paint Hydrogen
  • Quantum Dot (Photovoltaic Paint)
  • Perovskite Solar Paint

Solar Paint Market, By End User:

  • Solar Paint to Existing Solar Setups
  • Solar Painted Vehicles, Standalone Power-Generating Solar Setup

Solar Paint Market, By Application:

  • Rooftop
  • Wall
  • Door
  • Window

Solar Paint Market, By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • South America

For more information about this report visit https://www.researchandmarkets.com/r/olqvjs