Press release
Solar Encapsulation Market 2022 Top Key Players – STR Holdings Inc, Solutia, Bridgestone, Dow Corning, DuPont, 3M, MITSUI, JGP Energy, Hangzhou First PV material Co. Ltd
Solar Encapsulation
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The solar encapsulation market has witnessed major traction owing to an increase in demand for PV solar modules. In addition, excellent mechanical and chemical properties such as durability and thermal resistivity have increased the demand for solar encapsulation material with application in various residential, non-residential, and utility sectors. Based on materials, the demand for ethylene vinyl acetate (EVA) has increased owing to its excellent adhesive strength, elasticity, and toughness. In addition, the growth in demand for photovoltaic modules fuels the demand for EVA in cell encapsulation. Monocrystalline silicon solar modules majorly drive the solar encapsulation market owing to the increase in solar rooftop installations. Moreover, R&Ds in thin film technologies such as cadmium telluride and copper indium gallium selenide (CIGS) is expected to boost the demand for solar encapsulations. Furthermore, the construction sector has significantly increased the application of roof top and panel installation owing to its increased efficiency. Growth in demand for consumer electronics is expected to soar the demand for solar encapsulation market. however, degradation of solar modules coupled with volatile prices of raw materials are expected to hinder the market growth, but investment in R&Ds to develop efficient solar modules are anticipated to fuel the demand for encapsulation.
North America and Europe have significantly driven the solar encapsulation market owing to increase in PV installations. Furthermore, emerging economies such as China, Japan, and Africa have increased the demand for solar installations and solar capacities. In addition, India is also an emerging market for the solar energy market, which is expected to significantly drive the solar encapsulation market.
The report on global solar encapsulation is segmented based on material, which includes ethylene vinyl acetate (EVA), Non-ethylene vinyl acetate, and others (UV curable resins). The non-ethylene vinyl acetate is further bifurcated into thermoplastic polyurethane (TPU), polyvinyl butyral (PVB), polyolefins, ionomers, and others. Based on the solar module it includes, monocrystalline, polycrystalline, cadmium telluride, amorphous silicon cells, and others (CIGS). Based on the application the market is categorized under construction, automotive, electronics, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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The major players profiled in this study include STR Holdings Inc, Solutia, Bridgestone, Dow Corning, DuPont, 3M, MITSUI, JGP Energy, Hangzhou First PV material Co. Ltd
KEY BENEFITS FOR STAKEHOLDERS
This report entails the detailed quantitative analysis of the current market and estimations for the period of 2014‐2022 to identify the prevailing market opportunities.
In-depth analysis of the drivers, restraints, and opportunities that shape the market structure is provided in the report to understand the market behavior.
The report includes the strategies of key leaders, partnerships, and acquisitions.
Porter’s Five Forces analysis determines the competitive structure of the market to assist in strategy formulation.
Solar Encapsulation Market Key Segments: STR Holdings Inc, Solutia, Bridgestone, Dow Corning, DuPont, 3M, MITSUI, JGP Energy, Hangzhou First PV material Co. Ltd and AKCOME.
Other prominent players are: Honeywell, Arkema, CPP Solar, EVASA, LG Chem, Saint Gobain Solar, RenewSys, Sanvic, ACC Silicones, and Baixing Group
By Materials: Ethylene Vinyl Acetate, Non-Ethylene Vinyl Acetate, and UV Curable Resins
By Solar Module: Monocrystalline Silicon Cells, Polycrystalline Silicon Cells, Cadmium Telluride, Amorphous Silicon Cells, Others (Copper Indium Gallium Selenide (CIGS))
By Application: Construction, Automotive, Electronics, Others
By Country: China, Japan, India, South Korea, Australia, Indonesia, Vietnam, Malaysia, Myanmar, Hong Kong, Macau, Thailand and Rest of Asia-Pacific
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Table of content:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: SOLAR ENCAPSULATION MARKET, BY FILTER TYPE
CHAPTER 5: SOLAR ENCAPSULATION MARKET, BY APPLICATION
CHAPTER 6: SOLAR ENCAPSULATION MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 7: SOLAR ENCAPSULATION MARKET, BY REGION
CHAPTER 8: COMPANY PROFILES
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