Encapsulant Materials for PV Modules Market Analysis 2025, Industry Trends, Market Size Forecast and Competitive Landscape Analysis

QY Research has recently published a research report titled, "Global Encapsulant Materials for PV Modules Market Insights, Industry Share, Sales Projections, and Demand Outlook 2025-2031". The report presented here prepares market players to achieve consistent success while effectively dealing with unique challenges in the global Encapsulant Materials for PV Modules market. The analysts and researchers authoring the report have taken into consideration multiple factors predicted to positively and negatively impact the global Encapsulant Materials for PV Modules market. The report includes SWOT and PESTLE analyses to provide a deeper understanding of the global Encapsulant Materials for PV Modules market. All of the leading companies included in the report are profiled based on gross margin, market share, future plans, recent developments, target customer demographics, products and applications, and other critical factors.

The global market for Encapsulant Materials for PV Modules was estimated to be worth US$ 6993 million in 2024 and is forecast to a readjusted size of US$ 7936 million by 2031 with a CAGR of 1.8% during the forecast period 2025-2031.

Get PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) https://www.qyresearch.in/request-sample/chemical-material-global-encapsulant-materials-for-pv-modules-market-insights-industry-share-sales-projections-and-demand-outlook-2025-2031

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.

Market Overview

The global market for encapsulant materials for PV modules is projected to grow steadily in the coming years. This growth is driven by the increasing demand for solar energy, which is fueled by concerns over climate change, fossil fuel depletion, and the need for renewable energy sources.

Market Trends

Shift Towards Alternative Materials: While Ethylene-co-vinyl acetate (EVA) has been the dominant encapsulant material for PV applications due to its economy and acceptable durability, there is a growing interest in alternative materials. Polyolefin elastomer-based (POE) alternatives are gaining popularity as they offer improved durability and resistance to environmental stress.

Increasing Demand for High-Efficiency Modules: The demand for high-efficiency PV modules is driving the need for encapsulant materials that can support higher temperatures and UV exposure without degradation.

Focus on Sustainability: Manufacturers are increasingly focusing on developing encapsulant materials that are environmentally friendly and have a lower carbon footprint.

Market Challenges

Price Volatility: The prices of raw materials used in the production of encapsulant materials can be volatile, which affects the cost and availability of encapsulant materials.

Regulatory Compliance: Manufacturers must comply with various regulatory standards and certifications to ensure the safety and reliability of their products. This can add to the cost and complexity of production.

Competition: The market is highly competitive, with several players vying for market share. This can lead to price wars and reduced profit margins for manufacturers.

Future Outlook

The future outlook for the encapsulant materials for PV modules market is positive. With the increasing demand for solar energy and the need for high-efficiency PV modules, manufacturers are expected to continue investing in research and development to develop new and improved encapsulant materials. Additionally, the shift towards alternative materials such as POE is expected to accelerate, driving further growth in the market.

In conclusion, the encapsulant materials for PV modules market is a dynamic and growing segment within the photovoltaic industry. With the increasing demand for solar energy and the need for high-efficiency modules, manufacturers are expected to continue innovating and expanding their product offerings to meet market demands.

Market Competition

The vendor landscape and competitive scenarios of the global Encapsulant Materials for PV Modules market are broadly analyzed to help market players gain competitive advantage over their competitors. Readers are provided with detailed analysis of important competitive trends of the global Encapsulant Materials for PV Modules market. Market players can use the analysis to prepare themselves for any future challenges well in advance. They will also be able to identify opportunities to attain a position of strength in the global Encapsulant Materials for PV Modules market. Furthermore, the analysis will help them to effectively channelize their strategies, strengths, and resources to gain maximum advantage in the global Encapsulant Materials for PV Modules market.

Key Players Mentioned in the Global Encapsulant Materials for PV Modules Market Research Report:

First
Sveck
Betterial
HIUV
Cybrid
Sinopont
Hanwha
Crown
Lifecome
Vishakha
Lushan
Yisheng
RenewSys
H.B. Fuller
Tianyang
TPI Polene

Market Segments

The report comes out as an accurate and highly detailed resource for gaining significant insights into the growth of different product and application segments of the global Encapsulant Materials for PV Modules market. Each segment covered in the report is exhaustively researched about on the basis of market share, growth potential, drivers, and other crucial factors. The segmental analysis provided in the report will help market players to know when and where to invest in the global Encapsulant Materials for PV Modules market. Moreover, it will help them to identify key growth pockets of the global Encapsulant Materials for PV Modules market.

Segment by Type:

Transparent EVA Film
White EVA Film
POE Film
EPE Film
Other

Segment by Application:

Single-glass Module
Double-glass Module

Regional Growth

The report offers in-depth analysis of key regional and country-level Encapsulant Materials for PV Modules markets, taking into account their market size, CAGR, market potential, future developments, and other significant parameters. It includes geographical analysis of both developed and emerging markets for Encapsulant Materials for PV Modules. This helps readers to understand the growth pattern of the Encapsulant Materials for PV Modules market in different regions and countries. In addition, the regional analysis will provide market players an extremely important resource to plan targeted strategies to expand into key regional markets or tap into unexplored ones.

Segment by Region

North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

While planning the strategic initiatives, market participants come across various questions and uncertainties. This report resolves various queries that most market players have regarding the global Encapsulant Materials for PV Modules market.

Important Questions Answered included in the Report:

(1) Does the global Encapsulant Materials for PV Modules market have growth potential?

(2) What are the growth opportunities for the new entrants in the global Encapsulant Materials for PV Modules market?

(3) Who are the leading manufacturers operating in the global Encapsulant Materials for PV Modules market? Will they maintain their dominance in future?

(4) What are the key strategies that market players may adopt to strengthen their presence in the global Encapsulant Materials for PV Modules market?

(5) How will the competitive scenario undergo a change in years to come?

(6) What are the emerging trends that may influence the growth of the global Encapsulant Materials for PV Modules market?

(7) What are the factors that may hamper the global Encapsulant Materials for PV Modules market growth in the years ahead?

(8) Which product type segment is expected to exhibit promising growth in the near future?

(9) What application is anticipated to grab a major share in the global Encapsulant Materials for PV Modules market?

(10) Which region is likely to emerge as a lucrative regional market in the forthcoming years?

Request Pre-Order Enquiry or Customized Research On This Report: https://www.qyresearch.in/pre-order-inquiry/chemical-material-global-encapsulant-materials-for-pv-modules-market-insights-industry-share-sales-projections-and-demand-outlook-2025-2031

Table of Content

1 Market Overview
1.1 Encapsulant Materials for PV Modules Product Introduction
1.2 Global Encapsulant Materials for PV Modules Market Size Forecast
1.2.1 Global Encapsulant Materials for PV Modules Sales Value (2020-2031)
1.2.2 Global Encapsulant Materials for PV Modules Sales Volume (2020-2031)
1.2.3 Global Encapsulant Materials for PV Modules Sales Price (2020-2031)
1.3 Encapsulant Materials for PV Modules Market Trends & Drivers
1.3.1 Encapsulant Materials for PV Modules Industry Trends
1.3.2 Encapsulant Materials for PV Modules Market Drivers & Opportunity
1.3.3 Encapsulant Materials for PV Modules Market Challenges
1.3.4 Encapsulant Materials for PV Modules Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered

2 Competitive Analysis by Company
2.1 Global Encapsulant Materials for PV Modules Players Revenue Ranking (2024)
2.2 Global Encapsulant Materials for PV Modules Revenue by Company (2020-2025)
2.3 Global Encapsulant Materials for PV Modules Players Sales Volume Ranking (2024)
2.4 Global Encapsulant Materials for PV Modules Sales Volume by Company Players (2020-2025)
2.5 Global Encapsulant Materials for PV Modules Average Price by Company (2020-2025)
2.6 Key Manufacturers Encapsulant Materials for PV Modules Manufacturing Base and Headquarters
2.7 Key Manufacturers Encapsulant Materials for PV Modules Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Encapsulant Materials for PV Modules
2.9 Encapsulant Materials for PV Modules Market Competitive Analysis
2.9.1 Encapsulant Materials for PV Modules Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Encapsulant Materials for PV Modules Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Encapsulant Materials for PV Modules as of 2024)
2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Transparent EVA Film
3.1.2 White EVA Film
3.1.3 POE Film
3.1.4 EPE Film
3.1.5 Other
3.2 Global Encapsulant Materials for PV Modules Sales Value by Type
3.2.1 Global Encapsulant Materials for PV Modules Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Encapsulant Materials for PV Modules Sales Value, by Type (2020-2031)
3.2.3 Global Encapsulant Materials for PV Modules Sales Value, by Type (%) (2020-2031)
3.3 Global Encapsulant Materials for PV Modules Sales Volume by Type
3.3.1 Global Encapsulant Materials for PV Modules Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Encapsulant Materials for PV Modules Sales Volume, by Type (2020-2031)
3.3.3 Global Encapsulant Materials for PV Modules Sales Volume, by Type (%) (2020-2031)
3.4 Global Encapsulant Materials for PV Modules Average Price by Type (2020-2031)

4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Single-glass Module
4.1.2 Double-glass Module
4.2 Global Encapsulant Materials for PV Modules Sales Value by Application
4.2.1 Global Encapsulant Materials for PV Modules Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Encapsulant Materials for PV Modules Sales Value, by Application (2020-2031)
4.2.3 Global Encapsulant Materials for PV Modules Sales Value, by Application (%) (2020-2031)
4.3 Global Encapsulant Materials for PV Modules Sales Volume by Application
4.3.1 Global Encapsulant Materials for PV Modules Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Encapsulant Materials for PV Modules Sales Volume, by Application (2020-2031)
4.3.3 Global Encapsulant Materials for PV Modules Sales Volume, by Application (%) (2020-2031)
4.4 Global Encapsulant Materials for PV Modules Average Price by Application (2020-2031)

5 Segmentation by Region
5.1 Global Encapsulant Materials for PV Modules Sales Value by Region
5.1.1 Global Encapsulant Materials for PV Modules Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Encapsulant Materials for PV Modules Sales Value by Region (2020-2025)
5.1.3 Global Encapsulant Materials for PV Modules Sales Value by Region (2026-2031)
5.1.4 Global Encapsulant Materials for PV Modules Sales Value by Region (%), (2020-2031)
5.2 Global Encapsulant Materials for PV Modules Sales Volume by Region
5.2.1 Global Encapsulant Materials for PV Modules Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Encapsulant Materials for PV Modules Sales Volume by Region (2020-2025)
5.2.3 Global Encapsulant Materials for PV Modules Sales Volume by Region (2026-2031)
5.2.4 Global Encapsulant Materials for PV Modules Sales Volume by Region (%), (2020-2031)
5.3 Global Encapsulant Materials for PV Modules Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Encapsulant Materials for PV Modules Sales Value, 2020-2031
5.4.2 North America Encapsulant Materials for PV Modules Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Encapsulant Materials for PV Modules Sales Value, 2020-2031
5.5.2 Europe Encapsulant Materials for PV Modules Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Encapsulant Materials for PV Modules Sales Value, 2020-2031
5.6.2 Asia Pacific Encapsulant Materials for PV Modules Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Encapsulant Materials for PV Modules Sales Value, 2020-2031
5.7.2 South America Encapsulant Materials for PV Modules Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Encapsulant Materials for PV Modules Sales Value, 2020-2031
5.8.2 Middle East & Africa Encapsulant Materials for PV Modules Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Encapsulant Materials for PV Modules Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Encapsulant Materials for PV Modules Sales Value and Sales Volume
6.2.1 Key Countries/Regions Encapsulant Materials for PV Modules Sales Value, 2020-2031
6.2.2 Key Countries/Regions Encapsulant Materials for PV Modules Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Encapsulant Materials for PV Modules Sales Value, 2020-2031
6.3.2 United States Encapsulant Materials for PV Modules Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Encapsulant Materials for PV Modules Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Encapsulant Materials for PV Modules Sales Value, 2020-2031
6.4.2 Europe Encapsulant Materials for PV Modules Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Encapsulant Materials for PV Modules Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Encapsulant Materials for PV Modules Sales Value, 2020-2031
6.5.2 China Encapsulant Materials for PV Modules Sales Value by Type (%), 2024 VS 2031
6.5.3 China Encapsulant Materials for PV Modules Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Encapsulant Materials for PV Modules Sales Value, 2020-2031
6.6.2 Japan Encapsulant Materials for PV Modules Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Encapsulant Materials for PV Modules Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Encapsulant Materials for PV Modules Sales Value, 2020-2031
6.7.2 South Korea Encapsulant Materials for PV Modules Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Encapsulant Materials for PV Modules Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Encapsulant Materials for PV Modules Sales Value, 2020-2031
6.8.2 Southeast Asia Encapsulant Materials for PV Modules Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Encapsulant Materials for PV Modules Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Encapsulant Materials for PV Modules Sales Value, 2020-2031
6.9.2 India Encapsulant Materials for PV Modules Sales Value by Type (%), 2024 VS 2031
6.9.3 India Encapsulant Materials for PV Modules Sales Value by Application, 2024 VS 2031

7 Company Profiles
7.1 First
7.1.1 First Company Information
7.1.2 First Introduction and Business Overview
7.1.3 First Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 First Encapsulant Materials for PV Modules Product Offerings
7.1.5 First Recent Development
7.2 Sveck
7.2.1 Sveck Company Information
7.2.2 Sveck Introduction and Business Overview
7.2.3 Sveck Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Sveck Encapsulant Materials for PV Modules Product Offerings
7.2.5 Sveck Recent Development
7.3 Betterial
7.3.1 Betterial Company Information
7.3.2 Betterial Introduction and Business Overview
7.3.3 Betterial Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Betterial Encapsulant Materials for PV Modules Product Offerings
7.3.5 Betterial Recent Development
7.4 HIUV
7.4.1 HIUV Company Information
7.4.2 HIUV Introduction and Business Overview
7.4.3 HIUV Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 HIUV Encapsulant Materials for PV Modules Product Offerings
7.4.5 HIUV Recent Development
7.5 Cybrid
7.5.1 Cybrid Company Information
7.5.2 Cybrid Introduction and Business Overview
7.5.3 Cybrid Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Cybrid Encapsulant Materials for PV Modules Product Offerings
7.5.5 Cybrid Recent Development
7.6 Sinopont
7.6.1 Sinopont Company Information
7.6.2 Sinopont Introduction and Business Overview
7.6.3 Sinopont Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Sinopont Encapsulant Materials for PV Modules Product Offerings
7.6.5 Sinopont Recent Development
7.7 Hanwha
7.7.1 Hanwha Company Information
7.7.2 Hanwha Introduction and Business Overview
7.7.3 Hanwha Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Hanwha Encapsulant Materials for PV Modules Product Offerings
7.7.5 Hanwha Recent Development
7.8 Crown
7.8.1 Crown Company Information
7.8.2 Crown Introduction and Business Overview
7.8.3 Crown Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Crown Encapsulant Materials for PV Modules Product Offerings
7.8.5 Crown Recent Development
7.9 Lifecome
7.9.1 Lifecome Company Information
7.9.2 Lifecome Introduction and Business Overview
7.9.3 Lifecome Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Lifecome Encapsulant Materials for PV Modules Product Offerings
7.9.5 Lifecome Recent Development
7.10 Vishakha
7.10.1 Vishakha Company Information
7.10.2 Vishakha Introduction and Business Overview
7.10.3 Vishakha Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Vishakha Encapsulant Materials for PV Modules Product Offerings
7.10.5 Vishakha Recent Development
7.11 Lushan
7.11.1 Lushan Company Information
7.11.2 Lushan Introduction and Business Overview
7.11.3 Lushan Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Lushan Encapsulant Materials for PV Modules Product Offerings
7.11.5 Lushan Recent Development
7.12 Yisheng
7.12.1 Yisheng Company Information
7.12.2 Yisheng Introduction and Business Overview
7.12.3 Yisheng Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Yisheng Encapsulant Materials for PV Modules Product Offerings
7.12.5 Yisheng Recent Development
7.13 RenewSys
7.13.1 RenewSys Company Information
7.13.2 RenewSys Introduction and Business Overview
7.13.3 RenewSys Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 RenewSys Encapsulant Materials for PV Modules Product Offerings
7.13.5 RenewSys Recent Development
7.14 H.B. Fuller
7.14.1 H.B. Fuller Company Information
7.14.2 H.B. Fuller Introduction and Business Overview
7.14.3 H.B. Fuller Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 H.B. Fuller Encapsulant Materials for PV Modules Product Offerings
7.14.5 H.B. Fuller Recent Development
7.15 Tianyang
7.15.1 Tianyang Company Information
7.15.2 Tianyang Introduction and Business Overview
7.15.3 Tianyang Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Tianyang Encapsulant Materials for PV Modules Product Offerings
7.15.5 Tianyang Recent Development
7.16 TPI Polene
7.16.1 TPI Polene Company Information
7.16.2 TPI Polene Introduction and Business Overview
7.16.3 TPI Polene Encapsulant Materials for PV Modules Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 TPI Polene Encapsulant Materials for PV Modules Product Offerings
7.16.5 TPI Polene Recent Development

8 Industry Chain Analysis
8.1 Encapsulant Materials for PV Modules Industrial Chain
8.2 Encapsulant Materials for PV Modules Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Encapsulant Materials for PV Modules Sales Model
8.5.2 Sales Channel
8.5.3 Encapsulant Materials for PV Modules Distributors

9 Research Findings and Conclusion

10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

Contact US

Ankit Jain - Director, Global Digital Marketing

QY Research, INC.
India Office -
315Work Avenue, Raheja Woods, Kalyani Nagar,
Pune, Maharashtra 411006, India
Web - https://www.qyresearch.in
Email- ankit@qyresearch.com

About US:

QYResearch is a leading global market research and consulting company established in 2007. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability.

This release was published on openPR.