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Chemical & Material Global Encapsulant Materials for PV Modules Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

  • RnM4508958
    • |
  • 02 August, 2023
    • |
  • Global
    • |
  • 118 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Chemical & Material

According to our (Global Info Research) latest study, the global Encapsulant Materials for PV Modules market size was valued at USD 6284.1 million in 2022 and is forecast to a readjusted size of USD 7105.5 million by 2029 with a CAGR of 1.8% during review period.
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.
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.
The Global Info Research report includes an overview of the development of the Encapsulant Materials for PV Modules industry chain, the market status of Monofacial Module (EVA Film, POE Film), Bifacial Module (EVA Film, POE Film), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Encapsulant Materials for PV Modules.
Regionally, the report analyzes the Encapsulant Materials for PV Modules markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Encapsulant Materials for PV Modules market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Encapsulant Materials for PV Modules market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Encapsulant Materials for PV Modules industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (M Sqm), revenue generated, and market share of different by Type (e.g., EVA Film, POE Film).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Encapsulant Materials for PV Modules market.
Regional Analysis: The report involves examining the Encapsulant Materials for PV Modules market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Encapsulant Materials for PV Modules market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Encapsulant Materials for PV Modules:
Company Analysis: Report covers individual Encapsulant Materials for PV Modules manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Encapsulant Materials for PV Modules This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Monofacial Module, Bifacial Module).
Technology Analysis: Report covers specific technologies relevant to Encapsulant Materials for PV Modules. It assesses the current state, advancements, and potential future developments in Encapsulant Materials for PV Modules areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Encapsulant Materials for PV Modules market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Encapsulant Materials for PV Modules market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
EVA Film
POE Film
Others
Market segment by Application
Monofacial Module
Bifacial Module
Major players covered
First
Sveck
HIUV
Betterial
Tianyang
STR Solar
Lucent CleanEnergy
Mitsui Chemicals
Vishakha Renewables
RenewSys
Cybrid Technologies
TPI Polene
3M
Hanwha
SSPC
LUSHAN
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Encapsulant Materials for PV Modules product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Encapsulant Materials for PV Modules, with price, sales, revenue and global market share of Encapsulant Materials for PV Modules from 2018 to 2023.
Chapter 3, the Encapsulant Materials for PV Modules competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Encapsulant Materials for PV Modules breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Encapsulant Materials for PV Modules market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Encapsulant Materials for PV Modules.
Chapter 14 and 15, to describe Encapsulant Materials for PV Modules sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of Encapsulant Materials for PV Modules
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Encapsulant Materials for PV Modules Consumption Value by Type: 2018 Versus 2022 Versus 2029
    • 1.3.2 EVA Film
    • 1.3.3 POE Film
    • 1.3.4 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Encapsulant Materials for PV Modules Consumption Value by Application: 2018 Versus 2022 Versus 2029
    • 1.4.2 Monofacial Module
    • 1.4.3 Bifacial Module
  • 1.5 Global Encapsulant Materials for PV Modules Market Size & Forecast
    • 1.5.1 Global Encapsulant Materials for PV Modules Consumption Value (2018 & 2022 & 2029)
    • 1.5.2 Global Encapsulant Materials for PV Modules Sales Quantity (2018-2029)
    • 1.5.3 Global Encapsulant Materials for PV Modules Average Price (2018-2029)

2 Manufacturers Profiles

  • 2.1 First
    • 2.1.1 First Details
    • 2.1.2 First Major Business
    • 2.1.3 First Encapsulant Materials for PV Modules Product and Services
    • 2.1.4 First Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.1.5 First Recent Developments/Updates
  • 2.2 Sveck
    • 2.2.1 Sveck Details
    • 2.2.2 Sveck Major Business
    • 2.2.3 Sveck Encapsulant Materials for PV Modules Product and Services
    • 2.2.4 Sveck Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.2.5 Sveck Recent Developments/Updates
  • 2.3 HIUV
    • 2.3.1 HIUV Details
    • 2.3.2 HIUV Major Business
    • 2.3.3 HIUV Encapsulant Materials for PV Modules Product and Services
    • 2.3.4 HIUV Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.3.5 HIUV Recent Developments/Updates
  • 2.4 Betterial
    • 2.4.1 Betterial Details
    • 2.4.2 Betterial Major Business
    • 2.4.3 Betterial Encapsulant Materials for PV Modules Product and Services
    • 2.4.4 Betterial Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.4.5 Betterial Recent Developments/Updates
  • 2.5 Tianyang
    • 2.5.1 Tianyang Details
    • 2.5.2 Tianyang Major Business
    • 2.5.3 Tianyang Encapsulant Materials for PV Modules Product and Services
    • 2.5.4 Tianyang Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.5.5 Tianyang Recent Developments/Updates
  • 2.6 STR Solar
    • 2.6.1 STR Solar Details
    • 2.6.2 STR Solar Major Business
    • 2.6.3 STR Solar Encapsulant Materials for PV Modules Product and Services
    • 2.6.4 STR Solar Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.6.5 STR Solar Recent Developments/Updates
  • 2.7 Lucent CleanEnergy
    • 2.7.1 Lucent CleanEnergy Details
    • 2.7.2 Lucent CleanEnergy Major Business
    • 2.7.3 Lucent CleanEnergy Encapsulant Materials for PV Modules Product and Services
    • 2.7.4 Lucent CleanEnergy Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.7.5 Lucent CleanEnergy Recent Developments/Updates
  • 2.8 Mitsui Chemicals
    • 2.8.1 Mitsui Chemicals Details
    • 2.8.2 Mitsui Chemicals Major Business
    • 2.8.3 Mitsui Chemicals Encapsulant Materials for PV Modules Product and Services
    • 2.8.4 Mitsui Chemicals Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.8.5 Mitsui Chemicals Recent Developments/Updates
  • 2.9 Vishakha Renewables
    • 2.9.1 Vishakha Renewables Details
    • 2.9.2 Vishakha Renewables Major Business
    • 2.9.3 Vishakha Renewables Encapsulant Materials for PV Modules Product and Services
    • 2.9.4 Vishakha Renewables Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.9.5 Vishakha Renewables Recent Developments/Updates
  • 2.10 RenewSys
    • 2.10.1 RenewSys Details
    • 2.10.2 RenewSys Major Business
    • 2.10.3 RenewSys Encapsulant Materials for PV Modules Product and Services
    • 2.10.4 RenewSys Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.10.5 RenewSys Recent Developments/Updates
  • 2.11 Cybrid Technologies
    • 2.11.1 Cybrid Technologies Details
    • 2.11.2 Cybrid Technologies Major Business
    • 2.11.3 Cybrid Technologies Encapsulant Materials for PV Modules Product and Services
    • 2.11.4 Cybrid Technologies Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.11.5 Cybrid Technologies Recent Developments/Updates
  • 2.12 TPI Polene
    • 2.12.1 TPI Polene Details
    • 2.12.2 TPI Polene Major Business
    • 2.12.3 TPI Polene Encapsulant Materials for PV Modules Product and Services
    • 2.12.4 TPI Polene Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.12.5 TPI Polene Recent Developments/Updates
  • 2.13 3M
    • 2.13.1 3M Details
    • 2.13.2 3M Major Business
    • 2.13.3 3M Encapsulant Materials for PV Modules Product and Services
    • 2.13.4 3M Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.13.5 3M Recent Developments/Updates
  • 2.14 Hanwha
    • 2.14.1 Hanwha Details
    • 2.14.2 Hanwha Major Business
    • 2.14.3 Hanwha Encapsulant Materials for PV Modules Product and Services
    • 2.14.4 Hanwha Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.14.5 Hanwha Recent Developments/Updates
  • 2.15 SSPC
    • 2.15.1 SSPC Details
    • 2.15.2 SSPC Major Business
    • 2.15.3 SSPC Encapsulant Materials for PV Modules Product and Services
    • 2.15.4 SSPC Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.15.5 SSPC Recent Developments/Updates
  • 2.16 LUSHAN
    • 2.16.1 LUSHAN Details
    • 2.16.2 LUSHAN Major Business
    • 2.16.3 LUSHAN Encapsulant Materials for PV Modules Product and Services
    • 2.16.4 LUSHAN Encapsulant Materials for PV Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.16.5 LUSHAN Recent Developments/Updates

3 Competitive Environment: Encapsulant Materials for PV Modules by Manufacturer

  • 3.1 Global Encapsulant Materials for PV Modules Sales Quantity by Manufacturer (2018-2023)
  • 3.2 Global Encapsulant Materials for PV Modules Revenue by Manufacturer (2018-2023)
  • 3.3 Global Encapsulant Materials for PV Modules Average Price by Manufacturer (2018-2023)
  • 3.4 Market Share Analysis (2022)
    • 3.4.1 Producer Shipments of Encapsulant Materials for PV Modules by Manufacturer Revenue ($MM) and Market Share (%): 2022
    • 3.4.2 Top 3 Encapsulant Materials for PV Modules Manufacturer Market Share in 2022
    • 3.4.2 Top 6 Encapsulant Materials for PV Modules Manufacturer Market Share in 2022
  • 3.5 Encapsulant Materials for PV Modules Market: Overall Company Footprint Analysis
    • 3.5.1 Encapsulant Materials for PV Modules Market: Region Footprint
    • 3.5.2 Encapsulant Materials for PV Modules Market: Company Product Type Footprint
    • 3.5.3 Encapsulant Materials for PV Modules Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Encapsulant Materials for PV Modules Market Size by Region
    • 4.1.1 Global Encapsulant Materials for PV Modules Sales Quantity by Region (2018-2029)
    • 4.1.2 Global Encapsulant Materials for PV Modules Consumption Value by Region (2018-2029)
    • 4.1.3 Global Encapsulant Materials for PV Modules Average Price by Region (2018-2029)
  • 4.2 North America Encapsulant Materials for PV Modules Consumption Value (2018-2029)
  • 4.3 Europe Encapsulant Materials for PV Modules Consumption Value (2018-2029)
  • 4.4 Asia-Pacific Encapsulant Materials for PV Modules Consumption Value (2018-2029)
  • 4.5 South America Encapsulant Materials for PV Modules Consumption Value (2018-2029)
  • 4.6 Middle East and Africa Encapsulant Materials for PV Modules Consumption Value (2018-2029)

5 Market Segment by Type

  • 5.1 Global Encapsulant Materials for PV Modules Sales Quantity by Type (2018-2029)
  • 5.2 Global Encapsulant Materials for PV Modules Consumption Value by Type (2018-2029)
  • 5.3 Global Encapsulant Materials for PV Modules Average Price by Type (2018-2029)

6 Market Segment by Application

  • 6.1 Global Encapsulant Materials for PV Modules Sales Quantity by Application (2018-2029)
  • 6.2 Global Encapsulant Materials for PV Modules Consumption Value by Application (2018-2029)
  • 6.3 Global Encapsulant Materials for PV Modules Average Price by Application (2018-2029)

7 North America

  • 7.1 North America Encapsulant Materials for PV Modules Sales Quantity by Type (2018-2029)
  • 7.2 North America Encapsulant Materials for PV Modules Sales Quantity by Application (2018-2029)
  • 7.3 North America Encapsulant Materials for PV Modules Market Size by Country
    • 7.3.1 North America Encapsulant Materials for PV Modules Sales Quantity by Country (2018-2029)
    • 7.3.2 North America Encapsulant Materials for PV Modules Consumption Value by Country (2018-2029)
    • 7.3.3 United States Market Size and Forecast (2018-2029)
    • 7.3.4 Canada Market Size and Forecast (2018-2029)
    • 7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe

  • 8.1 Europe Encapsulant Materials for PV Modules Sales Quantity by Type (2018-2029)
  • 8.2 Europe Encapsulant Materials for PV Modules Sales Quantity by Application (2018-2029)
  • 8.3 Europe Encapsulant Materials for PV Modules Market Size by Country
    • 8.3.1 Europe Encapsulant Materials for PV Modules Sales Quantity by Country (2018-2029)
    • 8.3.2 Europe Encapsulant Materials for PV Modules Consumption Value by Country (2018-2029)
    • 8.3.3 Germany Market Size and Forecast (2018-2029)
    • 8.3.4 France Market Size and Forecast (2018-2029)
    • 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
    • 8.3.6 Russia Market Size and Forecast (2018-2029)
    • 8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific

  • 9.1 Asia-Pacific Encapsulant Materials for PV Modules Sales Quantity by Type (2018-2029)
  • 9.2 Asia-Pacific Encapsulant Materials for PV Modules Sales Quantity by Application (2018-2029)
  • 9.3 Asia-Pacific Encapsulant Materials for PV Modules Market Size by Region
    • 9.3.1 Asia-Pacific Encapsulant Materials for PV Modules Sales Quantity by Region (2018-2029)
    • 9.3.2 Asia-Pacific Encapsulant Materials for PV Modules Consumption Value by Region (2018-2029)
    • 9.3.3 China Market Size and Forecast (2018-2029)
    • 9.3.4 Japan Market Size and Forecast (2018-2029)
    • 9.3.5 Korea Market Size and Forecast (2018-2029)
    • 9.3.6 India Market Size and Forecast (2018-2029)
    • 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
    • 9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America

  • 10.1 South America Encapsulant Materials for PV Modules Sales Quantity by Type (2018-2029)
  • 10.2 South America Encapsulant Materials for PV Modules Sales Quantity by Application (2018-2029)
  • 10.3 South America Encapsulant Materials for PV Modules Market Size by Country
    • 10.3.1 South America Encapsulant Materials for PV Modules Sales Quantity by Country (2018-2029)
    • 10.3.2 South America Encapsulant Materials for PV Modules Consumption Value by Country (2018-2029)
    • 10.3.3 Brazil Market Size and Forecast (2018-2029)
    • 10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa

  • 11.1 Middle East & Africa Encapsulant Materials for PV Modules Sales Quantity by Type (2018-2029)
  • 11.2 Middle East & Africa Encapsulant Materials for PV Modules Sales Quantity by Application (2018-2029)
  • 11.3 Middle East & Africa Encapsulant Materials for PV Modules Market Size by Country
    • 11.3.1 Middle East & Africa Encapsulant Materials for PV Modules Sales Quantity by Country (2018-2029)
    • 11.3.2 Middle East & Africa Encapsulant Materials for PV Modules Consumption Value by Country (2018-2029)
    • 11.3.3 Turkey Market Size and Forecast (2018-2029)
    • 11.3.4 Egypt Market Size and Forecast (2018-2029)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
    • 11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics

  • 12.1 Encapsulant Materials for PV Modules Market Drivers
  • 12.2 Encapsulant Materials for PV Modules Market Restraints
  • 12.3 Encapsulant Materials for PV Modules Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry
  • 12.5 Influence of COVID-19 and Russia-Ukraine War
    • 12.5.1 Influence of COVID-19
    • 12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Encapsulant Materials for PV Modules and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Encapsulant Materials for PV Modules
  • 13.3 Encapsulant Materials for PV Modules Production Process
  • 13.4 Encapsulant Materials for PV Modules Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Encapsulant Materials for PV Modules Typical Distributors
  • 14.3 Encapsulant Materials for PV Modules Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Encapsulant Materials for PV Modules. Industry analysis & Market Report on Encapsulant Materials for PV Modules is a syndicated market report, published as Global Encapsulant Materials for PV Modules Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Encapsulant Materials for PV Modules market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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