Photovoltaic (PV) power generation is an important step towards a low-carbon transition in the energy system and the achievement of global climate goals. The core competitiveness of PV generation is highly dependent on the integration of the whole industrial chain.Based on the industrial chain perspective, the global trade pattern of key upstream and midstream segments of the PV industry from 2010-2020 is studied from both macro-scale geographic patterns and social network analysis, to reveal new changes in PV trade and geopolitical factors in the context of trade protection. The study finds that: ① The global silicon trade pattern is significantly polarized, evolving from a "Single Arch" shape with the US flowing to East Asia to a "Double Arches" shape with Europe and the US flowing to East Asia, and finally a "East-West Axis" structure with a strong interconnection between Europe, the US and Asia. ② The scale of the upstream silicon trade network is fluctuating, while the midstream trade network is more complex, with more participating parties, more flows and more significant small-world feature. The structure of the "core-edge" polarization in PV cell trade has intensified, with regions in the semi-edge layer moving into the core layer or falling into the edge layer, and the core regions firmly controlling global trade, with China, the US, Germany, Japan and South Korea occupying the core position in both segments. In addition, China, the US and Germany take intermediary functions in the upstream and midstream trade of PV. ③ China's dependence of PV industry upstream and midstream is low, occupying a favorable position in trade relations. While the US does not occupy the upper hand in the PV industry upstream and midstream trade relations, relying on China for PV cells. And advantages of Germany gradually fade in the whole industry chain. ④ Global PV industry trade relations and trade war is essentially a geopolitical struggle between China and the US, which continues to promote the "Indo-Pacific strategy" to form a "C-shaped" siege on China. Moreover, the US forced western countries to disassociate themselves from China in terms of technology and industry. However, it is difficult to hinder their trade cooperation with China in the field of photovoltaics in the short term.