The Global Silver Paste for Battery Main Grid Market was valued at USD 3.02 Billion in 2025 and is projected to reach USD 5.88 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period (2024–2030). This robust growth is fueled by the exponential expansion of the global solar energy sector, technological advancements in photovoltaic cell design, and the critical role of high-performance conductive pastes in maximizing solar panel efficiency.

As the world accelerates its transition to renewable energy, the performance of photovoltaic cells becomes paramount. The main grid silver paste is a vital component, directly impacting conductivity and overall energy conversion efficiency. In this blog, we profile the Top 10 Companies in the Silver Paste for Battery Main Grid Industry—a group of chemical innovators and material science pioneers shaping the future of solar power generation.

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Global Silver Paste for Battery Main Grid Market – View in Detailed Research Report

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🔟 1. Heraeus

Headquarters: Hanau, Germany
Key Offering: SOL series Silver Pastes (e.g., SOL9600, SOL350), Front Side and Back Side Pastes

Heraeus is a global leader in precious metal technology and a dominant force in the photovoltaic silver paste market. Their SOL series products are renowned for high conductivity, excellent printability, and reliability, serving major solar cell manufacturers worldwide. The company invests heavily in R&D to develop pastes for next-generation cell technologies like TOPCon and HJT.

Innovation & Sustainability Focus:

• Development of low-temperature curing pastes for advanced cell architectures

• Focus on reducing silver content to lower cell production costs

• Commitment to sustainable material sourcing and recycling initiatives

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9️⃣ 2. Dupont (DuPont Microcircuit and Component Materials)

Headquarters: Wilmington, Delaware, USA
Key Offering: Solamet® PV series Silver Pastes

DuPont’s Solamet® brand is one of the most recognized names in photovoltaic metallization. With a long history of innovation, DuPont provides advanced paste formulations that enhance cell efficiency and manufacturing yield. Their products are critical for both PERC and emerging N-type cell technologies.

Innovation & Sustainability Focus:

• Pioneering paste formulations for PERC, TOPCon, and HJT solar cells

• R&D aimed at improving fine-line printing capabilities and contact adhesion

Download FREE Sample Report:
Global Silver Paste for Battery Main Grid Market – View in Detailed Research Report

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8️⃣ 3. Giga Solar Materials Corporation

Headquarters: Taoyuan City, Taiwan
Key Offering: Front Side Silver Paste, Back Side Silver Paste, Specialized Pastes for N-Type Cells

Giga Solar is a key supplier in Asia, known for its high-quality and cost-effective silver paste solutions. The company has a strong market presence and works closely with leading cell producers in China and Taiwan to tailor products for specific manufacturing processes.

Innovation & Sustainability Focus:

• Strong focus on R&D for high-efficiency N-type cell applications

• Expansion of production capacity to meet growing global demand

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7️⃣ 4. Samsung SDI

Headquarters: Yongin-si, South Korea
Key Offering: Advanced Conductive Pastes for Photovoltaics and Electronics

Leveraging its vast expertise in electronics materials, Samsung SDI is a significant player in the silver paste market. The company provides reliable pastes that ensure high conductivity and durability, essential for the long-term performance of solar modules.

Innovation & Sustainability Focus:

• Integration of nanotechnology to improve paste performance

• Commitment to developing environmentally friendly material solutions

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6️⃣ 5. Changzhou Fusion New Material Co., Ltd.

Headquarters: Changzhou, Jiangsu, China
Key Offering: Full range of Silver Pastes for P-Type and N-Type PV Cells

As one of China’s leading domestic suppliers, Changzhou Fusion has rapidly grown its market share. The company offers a comprehensive portfolio of pastes and is known for its strong technical support and competitive pricing, catering to the massive Chinese solar manufacturing base.

Innovation & Sustainability Focus:

• Rapid development of pastes compatible with the latest cell technologies

• Strategic partnerships with major PV manufacturers for co-development

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5️⃣ 6. Dongjin Semichem Co., Ltd.

Headquarters: Seoul, South Korea
Key Offering: DJ Silver Paste Series for High-Efficiency Solar Cells

Dongjin Semichem is a prominent South Korean chemical company with a dedicated focus on electronic materials, including PV silver paste. Their products are designed to meet the high standards of efficiency and reliability required by top-tier solar cell producers.

Innovation & Sustainability Focus:

• Investment in developing pastes for bifacial and shingled cell modules

• Emphasis on improving paste stability and shelf life

Download FREE Sample Report:
Global Silver Paste for Battery Main Grid Market – View in Detailed Research Report

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4️⃣ 7. Monocrystal

Headquarters: Stavropol, Russia
Key Offering: Silver Pastes, Aluminum Pastes, and PV Metallization Solutions

Monocrystal is a global supplier of advanced materials for the electronics and photovoltaics industries. Their silver paste solutions are engineered to provide optimal contact formation and high electrical conductivity, supporting the production of efficient and durable solar panels.

Innovation & Sustainability Focus:

• Development of specialized pastes for harsh climatic conditions

• Focus on enhancing the sustainability of the metallization process

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3️⃣ 8. Noritake Co., Limited

Headquarters: Nagoya, Japan
Key Offering: Fine Ceramics and Electronic Paste Materials

Noritake, with its deep expertise in fine ceramics and materials science, offers high-performance silver pastes for the photovoltaic industry. Their products are known for their consistency and quality, making them a trusted partner for demanding applications.

Innovation & Sustainability Focus:

• Leveraging ceramic technology to improve paste performance and firing characteristics

• Commitment to precision and quality control in manufacturing

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2️⃣ 9. Wuxi DK Electronic Materials Co., Ltd.

Headquarters: Wuxi, Jiangsu, China
Key Offering: DK Series Silver Conductive Pastes

Wuxi DK is a specialized manufacturer of electronic pastes, including products for the PV industry. The company has built a reputation for supplying reliable and effective silver pastes that help manufacturers achieve high cell conversion efficiencies.

Innovation & Sustainability Focus:

• Continuous improvement of paste formulations for better print definition and adhesion

• Expansion of product lines to serve the growing heterojunction (HJT) market

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1️⃣ 10. Jiangsu Solamet Electronic Materials Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: Localized Solamet®-compatible Silver Pastes

As a key player in the Chinese market, Jiangsu Solamet focuses on developing and producing high-quality silver pastes that support the country’s leadership in solar manufacturing. The company benefits from strong local supply chains and technical expertise.

Innovation & Sustainability Focus:

• Adaptation of global paste technologies for local manufacturing environments

• Focus on cost reduction without compromising on performance and reliability

Read Full Report:
Global Silver Paste for Battery Main Grid Market – View in Detailed Research Report

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🌍 Outlook: The Future of PV Silver Paste Is Smarter and More Efficient

The silver paste for battery main grid market is undergoing rapid technological evolution. While traditional pastes still dominate production volumes, the industry is intensely focused on developing next-generation formulations that enhance efficiency, reduce silver consumption, and are compatible with advanced cell architectures.

📈 Key Trends Shaping the Market:

• Accelerated adoption of N-type cell technologies (TOPCon, HJT) requiring specialized pastes

• Intense R&D focused on silver reduction and copper plating alternatives to lower costs

• Demand for fine-line printing capabilities to enable higher cell densities and efficiencies

• Strategic partnerships between paste suppliers and PV manufacturers for co-innovation

Read Full Report:
Global Silver Paste for Battery Main Grid Market – View in Detailed Research Report

The companies listed above are not only supplying a critical material—they are enabling the efficiency gains that make solar energy a more viable and powerful contributor to the global energy mix.