The Global Silver Paste for Battery Main Grid Market is a critical segment within the photovoltaic (PV) industry, essential for manufacturing high-efficiency solar cells. Silver paste is used to create the conductive grid lines on solar cells that collect and transport electrical current. The market’s growth is intrinsically linked to the expansion of the global solar energy sector and the continuous push for higher cell conversion efficiencies.

As the solar industry advances towards next-generation technologies like TOPCon, HJT, and IBC cells, the demand for advanced silver pastes with lower silver content, higher conductivity, and improved printability is accelerating. In this blog, we profile the Top 10 Companies in the Silver Paste for Battery Main Grid Industry—a mix of global chemical giants and specialized material suppliers innovating to power the clean energy transition.

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🔟 1. Heraeus

Headquarters: Hanau, Germany
Key Offering: SOL Series Silver Pastes (e.g., SOL9650B, SOL3900), Front Side & Back Side Pastes

Heraeus Photovoltaics is a global leader in metallization pastes for the solar industry. With a strong focus on R&D, Heraeus develops advanced silver pastes that enable higher efficiencies for both PERC and n-type cell technologies. Their products are known for excellent contact formation, low silver consumption, and high reliability.

Innovation Initiatives:

• Development of low-temperature silver pastes for heterojunction (HJT) cells

• Solutions to reduce silver consumption by over 30% through advanced formulations

• Partnerships with leading cell manufacturers for co-development projects

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

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9️⃣ 2. Dupont (DuPont Microcircuit Materials)

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

DuPont is a pioneer in electronic materials and offers the Solamet® series, a comprehensive portfolio of silver pastes for photovoltaic applications. Their pastes are engineered to improve cell efficiency, reduce silver consumption, and enhance manufacturing throughput for various cell architectures, including TOPCon and shingled modules.

Innovation Initiatives:

• Solamet® innovations enabling >24% cell efficiency on p-type mono-PERC

• Advanced conductive adhesives for interconnection and module reliability

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8️⃣ 3. Giga Solar Materials Corporation

Headquarters: Taoyuan City, Taiwan
Key Offering: Front Side Silver Paste, Back Side Silver Paste, HJT Paste

Giga Solar Materials is a key player in Asia, specializing in conductive pastes for crystalline silicon solar cells. The company has a strong market presence and is actively developing pastes tailored for the high-efficiency n-type cell market, including dedicated solutions for TOPCon and heterojunction technologies.

Innovation Initiatives:

• Expansion of production capacity to meet growing n-type paste demand

• R&D focused on fine-line printing and low silver content formulations

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7️⃣ 4. Samsung SDI

Headquarters: Yongin-si, Gyeonggi-do, South Korea
Key Offering: Silver Paste for Solar Cells, Electronic Paste

Samsung SDI, a subsidiary of the Samsung Group, leverages its expertise in electronic materials to produce high-performance silver pastes for the PV industry. The company supplies pastes to major solar cell manufacturers in Asia and is investing in next-generation formulations to compete with established leaders.

Innovation Initiatives:

• Integration of nanotechnology to improve paste conductivity and adhesion

• Focus on environmental, social, and governance (ESG) compliant manufacturing processes

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

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

Headquarters: Changzhou, Jiangsu, China
Key Offering: Silver Conductive Paste, PV Silver Paste, Front & Rear Side Pastes

Changzhou Fusion is a prominent Chinese supplier of electronic pastes, including a wide range of products for the solar industry. The company benefits from the strong domestic PV manufacturing base and offers cost-competitive solutions while continuously improving technical performance.

Innovation Initiatives:

• Localized R&D to cater to the specific needs of Chinese cell producers

• Rapid scaling of production to support China’s dominant position in global PV manufacturing

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5️⃣ 6. Monocrystal

Headquarters: Stavropol, Russia
Key Offering: Silver Paste for PERC, TOPCon, HJT Cells

Monocrystal is a leading global supplier of specialty materials, including metallization pastes for solar cells. The company uses high-purity silver to produce pastes that deliver excellent electrical characteristics and firing stability, serving customers in Europe and Asia.

Innovation Initiatives:

• Vertical integration from silver refining to paste manufacturing

• Development of pastes optimized for co-firing processes in n-type cell production

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4️⃣ 7. Daejoo

Headquarters: Siheung-si, Gyeonggi-do, South Korea
Key Offering: Fine Silver Paste, Electrode Materials

Daejoo is a South Korean electronic materials company specializing in fine metal powders and conductive pastes. It is a significant regional supplier to the PV industry, with a strong focus on developing pastes that enable finer grid lines and higher aspect ratios for reduced shadowing losses.

Innovation Initiatives:

• Investment in advanced milling technology for ultra-fine and spherical silver powders

• Collaborations with equipment makers to optimize paste performance for new printing technologies

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3️⃣ 8. Wuxi DK Electronic

Headquarters: Wuxi, Jiangsu, China
Key Offering: DK Series Silver Pastes for Solar Cells

Wuxi DK Electronic is a major Chinese manufacturer of electronic pastes for various applications, including a dedicated portfolio for photovoltaic cells. The company supplies numerous cell production lines within China and is expanding its international footprint.

Innovation Initiatives:

• Focus on cost-performance optimization for mass-produced p-type PERC cells

• Development of specialized pastes for back-contact and bifacial cell designs

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2️⃣ 9. Noritake

Headquarters: Nagoya, Japan
Key Offering: Copper & Silver Conductive Paste, Thick Film Materials

Noritake Co., Limited, with its long history in fine ceramics and electronic materials, produces high-reliability silver pastes for the solar industry. The company emphasizes paste stability and consistency, which are critical for high-volume manufacturing yield.

Innovation Initiatives:

• Research into copper-based pastes as a long-term alternative to silver

• Development of lead-free glass frit systems for enhanced sustainability

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

Headquarters: Wuxi, Jiangsu, China
Key Offering: Silver Paste for Crystalline Silicon Solar Cells

Jiangsu Solamet is a specialized Chinese manufacturer focused on PV metallization pastes. The company has built a strong reputation for quality and technical service, supporting the rapid technological upgrades in China’s solar cell production base.

Innovation Initiatives:

• Agile development of pastes for newly emerging cell technologies

• Focus on reducing the cost per watt of solar energy through material innovations

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

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

The silver paste market is undergoing a significant transformation driven by the dual pressures of escalating silver costs and the demand for higher-efficiency solar cells. The industry’s future hinges on material innovation to reduce silver dependency while pushing the boundaries of electrical performance.

📈 Key Trends Shaping the Market:

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

• Intense R&D into silver reduction technologies, including fine-line printing, multi-busbar, and copper plating

• Growing importance of paste performance in bifacial modules and shingled cell designs

• Supply chain diversification and localization of paste production near major cell manufacturing hubs

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

The companies listed above are not only supplying a critical material for solar panels—they are enabling the efficiency gains that make solar energy increasingly affordable and powerful.