Solar Encapsulation Market to Reach USD 2.10 Billion by 2022, Fueled by Growing Need for Efficient and Durable Solar Modules

As per the study initiated by Evolve Business Intelligence, the global Solar Encapsulation market size accounted for USD 2.10 Billion in 2022, growing at a CAGR of 9.20% from 2023 to 2033. The solar encapsulation industry involves the production of materials that safeguard and enhance the efficacy of solar photovoltaic (PV) modules. These materials are used to encapsulate and seal solar cells within a module, shielding them from moisture, UV radiation, and other environmental factors. The expansion of the solar encapsulation market is fueled by various factors, including the mounting need for solar energy, the escalating installation of solar PV systems, and the requirement for long-lasting and efficient solar modules. Furthermore, the increasing emphasis on curbing greenhouse gas emissions and the growing acceptance of renewable energy sources are anticipated to augment the demand for solar encapsulation materials.
Request a Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=019141
Key Highlights:
• The global Solar Encapsulation Market size was valued at USD 2.10 Billion in 2022 growing at a CAGR of 9.20% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on the Global Solar Encapsulation Market focusing on various aspects including market size and forecast, market dynamics, competitors' market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which include Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted to prosper in this industry over the short and long terms. The quantitative analysis includes our authentic findings of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID-19 impact, the Solar Encapsulation market report also includes the following data points:
• COVID-19 Impact on Solar Encapsulation market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players' Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in the Solar Encapsulation market
Buy the Latest Copy of the Report Now at a Higher Discount: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=019141
Key Players
Some of the major Solar Encapsulation players holding high market share include First Solar, STR Holdings Inc, and HANGZHOU FIRST APPLIED MATERIAL CO., LTD. These players use new product development/partnership as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• First Solar
• STR Holdings Inc.
• HANGZHOU FIRST APPLIED MATERIAL CO., LTD.
• Dow
• DuPont
• Mitsubishi Chemical Corporation.
• Cambiosolar
• Kuraray Europe Gmbh
• 3M
• RenewSys India Pvt. Ltd
• VIKRAM SOLAR LTD.
• Jinko Solar
• Jinko Solar
• Q CELLS
• SunPower Corporation
• Trina Solar
• Canadian Solar
• JA SOLAR Technology Co., Ltd.
• The Solaria Corporation
Segmental Analysis
Market Segment By Material with focus on market share, consumption trend, and growth rate of Solar Encapsulation Market:
o Ethylene Vinyl Acetate
o Non-ethylene Vinyl Acetate
o UV Curable Resin
o Others
Market Segment By Technology with a focus on market share, consumption trend, and growth rate of the Solar Encapsulation Market:
o Polycrystalline Silicon Solar
o Cadmium Telluride
o Copper Indium Gallium Selenide
o Amorphous Silicon
Market Segment By Application with focus on market share, consumption trend, and growth rate of Solar Encapsulation Market:
o Construction
o Electronics
o Automotive
o Others
Parameters Details
Market Size (2022) USD 2.10 Billion
CAGR (2023 to 2033) 9.20%
Market Segmentation Material, Technology, Application
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=019141
Global Solar Encapsulation Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

Address
Evolve Business Intelligence
C-218, 2nd floor, M-Cube
Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

This release was published on openPR.