Top 10 Companies in the HJT Battery Silver Paste Market (2025): Industry Leaders Powering Solar Innovation

In Business Insights
August 11, 2025

The Global HJT Battery Silver Paste Market was valued at USD 782 million in 2023 and is projected to reach USD 1.42 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period (2024-2030). This robust growth stems from accelerating adoption of heterojunction solar technology, photovoltaic capacity expansions worldwide, and the critical role of silver paste in enabling higher efficiency solar cells.

As the solar industry transitions to advanced cell architectures, silver paste manufacturers are innovating to enhance conductivity, reduce material consumption, and improve manufacturing yields. This report profiles the Top 10 Companies in the HJT Battery Silver Paste Market – material science leaders driving the next generation of photovoltaic performance.


🔟 1. Heraeus GmbH

Headquarters: Hanau, Germany
Key Offering: SOL9641B series for HJT solar cells

Heraeus is a global leader in precious metal technologies, developing specialized silver pastes that optimize the electrical performance of HJT solar cells while minimizing material waste during production.

Technical Advantages:

  • Precision formulations for low-temperature processing

  • Enhanced contact resistance properties

  • Solutions compatible with mass production requirements

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/269665/global-hjt-battery-silver-paste-forecast-market-2024-2030-84


9️⃣ 2. Giga Solar Materials Corp.

Headquarters: Taoyuan City, Taiwan
Key Offering: GS-HJT series conductive pastes

Giga Solar specializes in photovoltaic metallization solutions, offering tailored silver pastes that enhance HJT cell efficiency while maintaining manufacturing cost-effectiveness.

Technical Advantages:

  • Optimized for high-resolution printing

  • Improved interface contact properties


8️⃣ 3. Samsung SDI

Headquarters: Seoul, South Korea
Key Offering: HJT-specific front and rear side pastes

Samsung SDI leverages its advanced materials expertise to develop silver pastes that enhance the reliability and performance of HJT solar modules across varied environmental conditions.

Technical Advantages:

  • High aspect ratio grid line capability

  • Superior light capture characteristics


7️⃣ 4. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Solamet PV19x series

DuPont is a pioneer in photovoltaic materials, offering advanced silver pastes that enable higher efficiency HJT cells through optimized interfacial properties and reduced silver consumption.

Technical Advantages:

  • Improved conductivity at lower sintering temperatures

  • Compatible with various transparent conductive oxides

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/269665/global-hjt-battery-silver-paste-forecast-market-2024-2030-84


6️⃣ 5. KEM Electronics Materials

Headquarters: Nara, Japan
Key Offering: KEM-HJ series conductive pastes

KEM specializes in ultra-fine line silver pastes that enable higher efficiency HJT cells through precise electrode formation and reduced optical losses.

Technical Advantages:

  • Excellent amorphous silicon layer compatibility

  • Minimized recombination losses


5️⃣ 6. LG Chem

Headquarters: Seoul, South Korea
Key Offering: LG-HJT conductive paste series

LG Chem develops advanced silver pastes that enhance the conversion efficiency and long-term stability of HJT solar modules through optimized contact engineering.

Technical Advantages:

  • Reduced contact resistance to doped layers

  • Improved resistance to potential-induced degradation


4️⃣ 7. Namics Corporation

Headquarters: Niigata, Japan
Key Offering: NIC HJT series conductive adhesives

Namics specializes in silver pastes that address the unique processing requirements of HJT cell production, particularly low-temperature curing needs.

Technical Advantages:

  • Excellent surface adhesion properties

  • Minimized damage to sensitive layers


3️⃣ 8. Henkel Corporation

Headquarters: Düsseldorf, Germany
Key Offering: Loctite HJT conductive pastes

Henkel provides innovative silver paste solutions that enhance the performance and manufacturability of HJT solar cells through advanced material formulations.

Technical Advantages:

  • Nanoparticle-based conductive materials

  • Improved line definition for high-volume production


2️⃣ 9. DK Electronic Materials, Inc.

Headquarters: Norcross, Georgia, USA
Key Offering: DK HJT front and rear contact pastes

DK Electronic Materials develops specialized silver pastes optimized for the bifacial nature of HJT solar cells, with separate solutions for front and rear side metallization.

Technical Advantages:

  • Formulations enhancing bifacial performance

  • Reduced silver migration between contacts


1️⃣ 10. Shoei Chemical Inc.

Headquarters: Tokyo, Japan
Key Offering: Shoei HJT conductive paste series

Shoei Chemical offers high-performance silver pastes that enable superior conversion efficiencies in HJT cells through advanced particle engineering and optimized binder systems.

Technical Advantages:

  • Ultra-fine line printing capability

  • Excellent contact formation properties

Get Full Report Here: https://www.24chemicalresearch.com/reports/269665/global-hjt-battery-silver-paste-forecast-market-2024-2030-84


☀️ Outlook: The Future of HJT Silver Paste Technology

The HJT battery silver paste market is undergoing significant transformation as solar manufacturers demand higher efficiency solutions with reduced material costs. While conventional silver pastes remain essential, the industry is rapidly advancing toward next-generation formulations.

📈 Key Technology Trends:

  • Development of ultra-low temperature curing pastes

  • Introduction of copper-doped silver formulations

  • Advances in fine-line printing for higher aspect ratio contacts

  • Optimized formulations for mass production throughput

Get Full Report Here: https://www.24chemicalresearch.com/reports/269665/global-hjt-battery-silver-paste-forecast-market-2024-2030-84

The companies profiled above are not just material suppliers – they are technology enablers driving the evolution of high-performance photovoltaics.