Encapsulant Materials for PV Modules Market Size 2023 Top Companies, Trend Analysis, Current Growth, Business Strategy and Forecast 2029

The global Encapsulant Materials for PV Modules market was valued at US$ 2808.8 million in 2022 and is anticipated to reach US$ 6798.9 million by 2029, witnessing a CAGR of 13.3% during the forecast period 2023-2029. 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.

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Encapsulant Materials for PV Modules Market report discusses the innovative concepts of top key players, current industry status, and SWOT analysis which will help the organization to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition.

By Company
- First
- Sveck
- HIUV
- Bbetter
- Tianyang
- STR Solar
- Lucent CleanEnergy
- Mitsui Chemicals
- Vishakha Renewables
- RenewSys
- Cybrid Technologies
- TPI Polene
- 3M
- Hanwha
- SSPC
- LUSHAN

Encapsulant Materials for PV Modules Market: Segmentation
Segment by Type
- EVA Film
- POE Film
- Other

Segment by Application
- Monofacial Module
- Bifacial Module

The base of geography, the world market of Encapsulant Materials for PV Modules has segmented as follows:
• North America (United States, Canada, Mexico)
• Europe (Germany, UK, France, Italy, Spain, Others)
• Asia-Pacific (China, Japan, India, South Korea, Southeast Asia, Others)
• Middle East and Africa (Saudi Arabia, UAE, South Africa, Others)
• South America (Brazil, Others)

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Some Points from TOC:
Report Overview
Global Growth Trends
Competition Landscape by Key Players
Encapsulant Materials for PV Modules Breakdown Data by Type
Encapsulant Materials for PV Modules Breakdown Data by Application
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Key Players Profiles
Analyst's Viewpoints/Conclusions
Appendix

Key questions answered in the report:
• What will the market development pace of Encapsulant Materials for PV Modules market?
• What are the key factors driving the Global Encapsulant Materials for PV Modules market?
• Who are the key manufacturers in market space?
• What are the market openings, market hazard and market outline of the market?
• What are sales, revenue, and price analysis of top manufacturers of Encapsulant Materials for PV Modules market?
• Who are the distributors, traders, and dealers of Encapsulant Materials for PV Modules market?
• What are the Encapsulant Materials for PV Modules market opportunities and threats faced by the vendors in the Global Encapsulant Materials for PV Modules industries?
• What are deals, income, and value examination by types and utilizations of the market?
• What are deals, income, and value examination by areas of enterprises?

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