
An encapsulant is used to provide adhesion between the solar cells, the top surface and the rear surface of the PV module. The encapsulant should be stable at elevated temperatures and high UV exposure. It should also be optically transparent and should have a low thermal resistance. EVA (ethyl vinyl acetate) is the most commonly used encapsulant material. EVA comes in thin sheets which are inserted between the solar cells and the top surface and the rear surface. This sandwich is then heated to 150 °C to polymerize the EVA and bond the module together. Encapsulant materials used in photovoltaic (PV) modules serve multiple purposes; it provides optical coupling of PV cells and protection against environmental stress. Polymers must perform these functions under prolonged periods of high temperature, humidity, and UV radiation. When PV panels were first developed in the 1960s and the 1970s, the dominant encapsulants were based on polydimethyl siloxane (PDMS). Ethylene-co-vinyl acetate (EVA) is currently the dominant encapsulant chosen for PV applications, not because it has the best combination of properties, but because it is an economical option with an established history of acceptable durability. Getting new products onto the market is challenging because there is no room for dramatic improvements, and one must balance the initial cost and performance with the unknowns of long-term service life. Recently, there has been renewed interest in using alternative encapsulant materials with some significant manufacturers switching from EVA to polyolefin elastomer-based (POE) alternatives. The material typically used for this application is Ethylene-Vinyl Acetate (EVA). It had made such a name for itself in the market that it was synonymous with encapsulation, enjoying a monopoly for over three decades. Polyolefin (POE), however, is evolving strongly as an alternative, especially with the growing popularity of bifacial technology. Though bifacial is growing at a faster pace, monofacial market is still larger, meaning EVA still dominates this sector.
The global Encapsulant Materials for PV Modules market is projected to reach US$ 7678.3 million in 2029, increasing from US$ 6107.3 million in 2022, with the CAGR of 1.9% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Encapsulant Materials for PV Modules 91ÖÆÆ¬³§.
Global key players of encapsulant materials for PV modules include First, HIUV, Sveck, Cybrid Technologies, Betterial, etc. The top five players hold a share about 82%. Asia-Pacific is the largest market, has a share about 94%, followed by North America and Europe, with share 3% and 2%, separately.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Encapsulant Materials for PV Modules market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
First
Sveck
HIUV
Betterial
Tianyang
STR Solar
Lucent CleanEnergy
Mitsui Chemicals
Vishakha Renewables
RenewSys
Cybrid Technologies
TPI Polene
3M
Hanwha
SSPC
LUSHAN
Segment by Type
EVA Film
POE Film
Others
Segment by Application
Monofacial Module
Bifacial Module
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Encapsulant Materials for PV Modules report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
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1 Encapsulant Materials for PV Modules Market Overview
1.1 Product Definition
1.2 Encapsulant Materials for PV Modules Segment by Type
1.2.1 Global Encapsulant Materials for PV Modules Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 EVA Film
1.2.3 POE Film
1.2.4 Others
1.3 Encapsulant Materials for PV Modules Segment by Application
1.3.1 Global Encapsulant Materials for PV Modules Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Monofacial Module
1.3.3 Bifacial Module
1.4 Global Market Growth Prospects
1.4.1 Global Encapsulant Materials for PV Modules Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Encapsulant Materials for PV Modules Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Encapsulant Materials for PV Modules Production Estimates and Forecasts (2018-2029)
1.4.4 Global Encapsulant Materials for PV Modules Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Encapsulant Materials for PV Modules Production Market Share by Manufacturers (2018-2023)
2.2 Global Encapsulant Materials for PV Modules Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Encapsulant Materials for PV Modules, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Encapsulant Materials for PV Modules Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Encapsulant Materials for PV Modules Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Encapsulant Materials for PV Modules, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Encapsulant Materials for PV Modules, Product Offered and Application
2.8 Global Key Manufacturers of Encapsulant Materials for PV Modules, Date of Enter into This Industry
2.9 Encapsulant Materials for PV Modules Market Competitive Situation and Trends
2.9.1 Encapsulant Materials for PV Modules Market Concentration Rate
2.9.2 Global 5 and 10 Largest Encapsulant Materials for PV Modules Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Encapsulant Materials for PV Modules Production by Region
3.1 Global Encapsulant Materials for PV Modules Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Encapsulant Materials for PV Modules Production Value by Region (2018-2029)
3.2.1 Global Encapsulant Materials for PV Modules Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Encapsulant Materials for PV Modules by Region (2024-2029)
3.3 Global Encapsulant Materials for PV Modules Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Encapsulant Materials for PV Modules Production by Region (2018-2029)
3.4.1 Global Encapsulant Materials for PV Modules Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Encapsulant Materials for PV Modules by Region (2024-2029)
3.5 Global Encapsulant Materials for PV Modules Market Price Analysis by Region (2018-2023)
3.6 Global Encapsulant Materials for PV Modules Production and Value, Year-over-Year Growth
3.6.1 North America Encapsulant Materials for PV Modules Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Encapsulant Materials for PV Modules Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Encapsulant Materials for PV Modules Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Encapsulant Materials for PV Modules Production Value Estimates and Forecasts (2018-2029)
3.6.5 South Korea Encapsulant Materials for PV Modules Production Value Estimates and Forecasts (2018-2029)
3.6.6 India Encapsulant Materials for PV Modules Production Value Estimates and Forecasts (2018-2029)
4 Encapsulant Materials for PV Modules Consumption by Region
4.1 Global Encapsulant Materials for PV Modules Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Encapsulant Materials for PV Modules Consumption by Region (2018-2029)
4.2.1 Global Encapsulant Materials for PV Modules Consumption by Region (2018-2023)
4.2.2 Global Encapsulant Materials for PV Modules Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Encapsulant Materials for PV Modules Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Encapsulant Materials for PV Modules Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Encapsulant Materials for PV Modules Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Encapsulant Materials for PV Modules Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Encapsulant Materials for PV Modules Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Encapsulant Materials for PV Modules Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Encapsulant Materials for PV Modules Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Encapsulant Materials for PV Modules Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Encapsulant Materials for PV Modules Production by Type (2018-2029)
5.1.1 Global Encapsulant Materials for PV Modules Production by Type (2018-2023)
5.1.2 Global Encapsulant Materials for PV Modules Production by Type (2024-2029)
5.1.3 Global Encapsulant Materials for PV Modules Production Market Share by Type (2018-2029)
5.2 Global Encapsulant Materials for PV Modules Production Value by Type (2018-2029)
5.2.1 Global Encapsulant Materials for PV Modules Production Value by Type (2018-2023)
5.2.2 Global Encapsulant Materials for PV Modules Production Value by Type (2024-2029)
5.2.3 Global Encapsulant Materials for PV Modules Production Value Market Share by Type (2018-2029)
5.3 Global Encapsulant Materials for PV Modules Price by Type (2018-2029)
6 Segment by Application
6.1 Global Encapsulant Materials for PV Modules Production by Application (2018-2029)
6.1.1 Global Encapsulant Materials for PV Modules Production by Application (2018-2023)
6.1.2 Global Encapsulant Materials for PV Modules Production by Application (2024-2029)
6.1.3 Global Encapsulant Materials for PV Modules Production Market Share by Application (2018-2029)
6.2 Global Encapsulant Materials for PV Modules Production Value by Application (2018-2029)
6.2.1 Global Encapsulant Materials for PV Modules Production Value by Application (2018-2023)
6.2.2 Global Encapsulant Materials for PV Modules Production Value by Application (2024-2029)
6.2.3 Global Encapsulant Materials for PV Modules Production Value Market Share by Application (2018-2029)
6.3 Global Encapsulant Materials for PV Modules Price by Application (2018-2029)
7 Key Companies Profiled
7.1 First
7.1.1 First Encapsulant Materials for PV Modules Corporation Information
7.1.2 First Encapsulant Materials for PV Modules Product Portfolio
7.1.3 First Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.1.4 First Main Business and Markets Served
7.1.5 First Recent Developments/Updates
7.2 Sveck
7.2.1 Sveck Encapsulant Materials for PV Modules Corporation Information
7.2.2 Sveck Encapsulant Materials for PV Modules Product Portfolio
7.2.3 Sveck Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Sveck Main Business and Markets Served
7.2.5 Sveck Recent Developments/Updates
7.3 HIUV
7.3.1 HIUV Encapsulant Materials for PV Modules Corporation Information
7.3.2 HIUV Encapsulant Materials for PV Modules Product Portfolio
7.3.3 HIUV Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.3.4 HIUV Main Business and Markets Served
7.3.5 HIUV Recent Developments/Updates
7.4 Betterial
7.4.1 Betterial Encapsulant Materials for PV Modules Corporation Information
7.4.2 Betterial Encapsulant Materials for PV Modules Product Portfolio
7.4.3 Betterial Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Betterial Main Business and Markets Served
7.4.5 Betterial Recent Developments/Updates
7.5 Tianyang
7.5.1 Tianyang Encapsulant Materials for PV Modules Corporation Information
7.5.2 Tianyang Encapsulant Materials for PV Modules Product Portfolio
7.5.3 Tianyang Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Tianyang Main Business and Markets Served
7.5.5 Tianyang Recent Developments/Updates
7.6 STR Solar
7.6.1 STR Solar Encapsulant Materials for PV Modules Corporation Information
7.6.2 STR Solar Encapsulant Materials for PV Modules Product Portfolio
7.6.3 STR Solar Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.6.4 STR Solar Main Business and Markets Served
7.6.5 STR Solar Recent Developments/Updates
7.7 Lucent CleanEnergy
7.7.1 Lucent CleanEnergy Encapsulant Materials for PV Modules Corporation Information
7.7.2 Lucent CleanEnergy Encapsulant Materials for PV Modules Product Portfolio
7.7.3 Lucent CleanEnergy Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Lucent CleanEnergy Main Business and Markets Served
7.7.5 Lucent CleanEnergy Recent Developments/Updates
7.8 Mitsui Chemicals
7.8.1 Mitsui Chemicals Encapsulant Materials for PV Modules Corporation Information
7.8.2 Mitsui Chemicals Encapsulant Materials for PV Modules Product Portfolio
7.8.3 Mitsui Chemicals Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Mitsui Chemicals Main Business and Markets Served
7.7.5 Mitsui Chemicals Recent Developments/Updates
7.9 Vishakha Renewables
7.9.1 Vishakha Renewables Encapsulant Materials for PV Modules Corporation Information
7.9.2 Vishakha Renewables Encapsulant Materials for PV Modules Product Portfolio
7.9.3 Vishakha Renewables Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Vishakha Renewables Main Business and Markets Served
7.9.5 Vishakha Renewables Recent Developments/Updates
7.10 RenewSys
7.10.1 RenewSys Encapsulant Materials for PV Modules Corporation Information
7.10.2 RenewSys Encapsulant Materials for PV Modules Product Portfolio
7.10.3 RenewSys Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.10.4 RenewSys Main Business and Markets Served
7.10.5 RenewSys Recent Developments/Updates
7.11 Cybrid Technologies
7.11.1 Cybrid Technologies Encapsulant Materials for PV Modules Corporation Information
7.11.2 Cybrid Technologies Encapsulant Materials for PV Modules Product Portfolio
7.11.3 Cybrid Technologies Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Cybrid Technologies Main Business and Markets Served
7.11.5 Cybrid Technologies Recent Developments/Updates
7.12 TPI Polene
7.12.1 TPI Polene Encapsulant Materials for PV Modules Corporation Information
7.12.2 TPI Polene Encapsulant Materials for PV Modules Product Portfolio
7.12.3 TPI Polene Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.12.4 TPI Polene Main Business and Markets Served
7.12.5 TPI Polene Recent Developments/Updates
7.13 3M
7.13.1 3M Encapsulant Materials for PV Modules Corporation Information
7.13.2 3M Encapsulant Materials for PV Modules Product Portfolio
7.13.3 3M Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.13.4 3M Main Business and Markets Served
7.13.5 3M Recent Developments/Updates
7.14 Hanwha
7.14.1 Hanwha Encapsulant Materials for PV Modules Corporation Information
7.14.2 Hanwha Encapsulant Materials for PV Modules Product Portfolio
7.14.3 Hanwha Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.14.4 Hanwha Main Business and Markets Served
7.14.5 Hanwha Recent Developments/Updates
7.15 SSPC
7.15.1 SSPC Encapsulant Materials for PV Modules Corporation Information
7.15.2 SSPC Encapsulant Materials for PV Modules Product Portfolio
7.15.3 SSPC Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.15.4 SSPC Main Business and Markets Served
7.15.5 SSPC Recent Developments/Updates
7.16 LUSHAN
7.16.1 LUSHAN Encapsulant Materials for PV Modules Corporation Information
7.16.2 LUSHAN Encapsulant Materials for PV Modules Product Portfolio
7.16.3 LUSHAN Encapsulant Materials for PV Modules Production, Value, Price and Gross Margin (2018-2023)
7.16.4 LUSHAN Main Business and Markets Served
7.16.5 LUSHAN Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Encapsulant Materials for PV Modules Industry Chain Analysis
8.2 Encapsulant Materials for PV Modules Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Encapsulant Materials for PV Modules Production Mode & Process
8.4 Encapsulant Materials for PV Modules Sales and Marketing
8.4.1 Encapsulant Materials for PV Modules Sales Channels
8.4.2 Encapsulant Materials for PV Modules Distributors
8.5 Encapsulant Materials for PV Modules Customers
9 Encapsulant Materials for PV Modules Market Dynamics
9.1 Encapsulant Materials for PV Modules Industry Trends
9.2 Encapsulant Materials for PV Modules Market Drivers
9.3 Encapsulant Materials for PV Modules Market Challenges
9.4 Encapsulant Materials for PV Modules Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
First
Sveck
HIUV
Betterial
Tianyang
STR Solar
Lucent CleanEnergy
Mitsui Chemicals
Vishakha Renewables
RenewSys
Cybrid Technologies
TPI Polene
3M
Hanwha
SSPC
LUSHAN
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Ìý
*If Applicable.
