Press release
Solar Encapsulation Market Set to Surpass US$ 9.31 Billion with an impressive CAGR: 6.9% Forecast by 2032
Solar Encapsulation Market
Solar encapsulation indicates the procedure of securing photovoltaic (PV) cells and other constituents with polymeric substances to sanction the stretch and longevity of the solar panels. It is crucial for the functional stability of PV cells. It decreases the impact of weather-related elements such as moisture, UV radiation, oxidation, and excessive temperatures and expands solar cell's aversion to exterior forces. The encapsulation layer protects the solar cell and warrants its dependability and productivity. This encapsulation material safeguards the solar cells from moisture, dirt, and several contaminants that may cause harm to solar cells. They are appropriate for domestic and industrial usage.
๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
๐๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ฌ๐จ๐ฅ๐๐ซ ๐๐ง๐๐๐ฉ๐ฌ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ ๐๐๐ 5.12 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2023. ๐๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฑ๐ฉ๐๐ง๐ ๐๐ญ ๐ ๐๐๐๐ ๐จ๐ 6.9% ๐๐ซ๐จ๐ฆ 2024 ๐ญ๐จ 2032. ๐๐ญ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐๐๐ 9.31 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ 2032.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/solar-encapsulation-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
Growing demand for decreased carbon footprint and escalation of ecologically sustainable solutions is expected to drive up the demand for solar encapsulation. Moreover, urbanization has escalated the requirement for solar panels. Features such as robust light movement, mechanical aversion, and insulation will propel the solar encapsulation market forward.
๐๐๐ฒ ๐๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ง๐ญ๐ฌ:
The market is portrayed by fierce contention, with entrenched players depending on progressive technology and elevated standard commodities.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐๐ฃ๐จ๐ซ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐จ๐ฅ๐๐ซ ๐๐ง๐๐๐ฉ๐ฌ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข Cambiosolar
โข Dow
โข DuPont
โข First Solar
โข HANGZHOU FIRST APPLIED MATERIAL CO., LTD.
โข Kuraray Europe Gmbh
โข Mitsubishi Chemical Corporation
โข RenewSys India Pvt. Ltd
โข STR Holdings Inc.
โข VIKRAM SOLAR LTD.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/solar-encapsulation-market/request-for-discount-pricing
๐๐จ๐ฅ๐๐ซ ๐๐ง๐๐๐ฉ๐ฌ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข In 2023, the Ethylene Vinyl Acetate (EVA) segment held the largest revenue share, due to its superior barrier protection against humidity, UV radiation, and harsh environmental conditions, ethylene-vinyl acetate solar encapsulation increases the efficiency of solar modules.
โข The construction segment accounted for the highest market share in 2023. Ongoing development in the countries, increasing industrialization, urbanization, constructions, electric vehicles and other such developments have anticipated the market share to grow.
โข In 2023, Asia Pacific dominated the largest market due to increasing population, and use of electric vehicles to suppress carbon emission. The charging station for electric vehicles installed over countries like India, China and Japan are solar module, this generates electricity through solar panels.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ฅ๐๐ซ ๐๐ง๐๐๐ฉ๐ฌ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ:
โข September 2022: GS Energy and Hanwha Solutions' Chemical Division announced a joint venture, H&G Chemical, aimed at establishing an ethylene-vinyl acetate (EVA) production facility. By leveraging Hanwha Solutions' advanced production capabilities and GS Caltex's cost-efficient raw material supply, H&G Chemical seeks to position itself as a leading EVA producer in the market.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/solar-encapsulation-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
The solar encapsulation analysis is mainly based on material, technology, application, and region. Based on material, the ethylene vinyl acetate (EVA) segment held the largest revenue share. Also, according to the application, the construction segment holds a significant revenue share. The main elements pushing this segment are the growing population, urbanization, hospitals, and other evolving constructions in developing regions.
โข Solar Encapsulation, Material Outlook (Revenue - USD Billion, 2019 - 2032)
o Ethylene Vinyl Acetate
o Non-ethylene Vinyl Acetate
o UV Curable Resin
o Others
โข Solar Encapsulation, Technology Outlook (Revenue - USD Billion, 2019 - 2032)
o Polycrystalline Silicon Solar
o Cadmium Telluride
o Copper Indium Gallium Selenide
o Amorphous Silicon
โข Solar Encapsulation, Application Outlook (Revenue - USD Billion, 2019 - 2032)
o Construction
o Electronics
o Automotive
o Others
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โข North America
o U.S.
o Canada
โข Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Netherlands
โข Asia Pacific
o China
o India
o Japan
o South Korea
o Indonesia
o Malaysia
โข Latin America
o Argentina
o Brazil
o Mexico
โข Middle East & Africa
o UAE
o Saudi Arabia
o Israel
o South Africa
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Microgrid Market:
https://www.polarismarketresearch.com/industry-analysis/microgrid-market
Hydrogen Hubs Market:
https://www.polarismarketresearch.com/industry-analysis/hydrogen-hubs-market
Energy Engineering Service Outsourcing (ESO) Market:
https://www.polarismarketresearch.com/industry-analysis/energy-engineering-service-outsourcing-eso-market
North America MRO Distribution Market:
https://www.polarismarketresearch.com/industry-analysis/north-america-mro-distribution-market
๐๐จ๐ง๐ญ๐๐๐ญ:
๐๐ข๐ค๐ก๐ข๐ฅ ๐
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
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