Xinyi, Follett, Lobo, Rainbow, Jinxin, Armaton... Top 10 global photovoltaic glass silver paste shipments in 2021

In 2021, the national production of photovoltaic glass reached 10.1905 million tons, with a sales volume of 8.4879 million tons. The globally recognized top group for photovoltaic glass (excluding wafers) shipments in the industry includes Xinyi Solar and Follett. Which of these two companies has a higher shipment volume? The top 10 global photovoltaic glass shipments for 2021 have been officially released.

Note: The shipment volume of Xinyi, Rainbow, Haikong Sanxin, and Solat (excluding raw materials) is calculated based on their annual sales of photovoltaic glass. The shipment volume of Jinxin and Nanbo is market research, while the shipment volume of Nanbo and Armaton includes their own modules. If there is any discrepancy, the annual report or actual sales of the company shall prevail.

In 2021, Xinyi Solar's sales of photovoltaic glass reached 10.993 billion yuan, while Follett's sales of photovoltaic glass were 7.221 billion yuan, both far ahead, and their position as the first legion is quite stable.

LuoyangGlass silver pasteThe sales of photovoltaic glass from (including China National Building Materials) and Rainbow New Energy have both exceeded 2 billion yuan, while the sales of photovoltaic glass from Tangshan Jinxin, Armaton, Nanbo, and Ancai have exceeded 1 billion yuan. Haikong Sanxin (formerly known as AVIC Sanxin) and Solat have very similar sales and sales volume, making it difficult to distinguish between them, and therefore tied for ninth place.

The global sales volume of photovoltaic glass in 2021 is approximately 1.42 billion square meters. Based on this data, the market share of top companies is as follows:

Although the market is growing, the gradual release of new production capacity in the photovoltaic glass industry has led to an increase in supply, resulting in a significant drop in photovoltaic glass prices in 2021. In 2022, the global installed capacity of photovoltaics is expected to increase by over 30%. The newly invested glass production capacity has not yet been released, and the price of photovoltaic glass is expected to stabilize.