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Global Solar Encapsulation Market growing at a CAGR of 23.1% from 2016 to 2022
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The solar encapsulation market has witnessed major traction owing to 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 fuel the demand for EVA in cell encapsulation. Monocrystalline silicon solar modules majorly drive the solar encapsulation market owing to increase in solar rooftop installations. Moreover, R&Ds in thin film technologies such as cadmium telluride and copper indium gallium selenide (CIGS) are expected to boost the demand for solar encapsulations. Furthermore, construction sector has significantly increased the application of roof top and panel installation owing to its increased efficiency. Growth in demand for consumer electronics are 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 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 solar module it includes, monocrystalline, polycrystalline, cadmium telluride, amorphous silicon cells, and others (CIGS). Based on 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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Top market players in solar encapsulation market include
• STR Holdings Inc
• Solutia
• Bridgestone
• Dow Corning
• DuPont
• 3M
• MITSUI
• JGP Energy
• Hangzhou First PV material Co. Ltd
• AKCOME.
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.
KEY MARKET SEGMENTS
By Materials
• Ethylene Vinyl Acetate
• Non-Ethylene Vinyl Acetate
• UV Curable Resins
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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 Geography
• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
• LAMEA
• Brazil
• Saudi Arabia
• South Africa
• Rest of LAMEA
• Other prominent players are
• Honeywell
• Arkema
• CPP Solar
• EVASA
• LG Chem
• Saint Gobain Solar
• RenewSys
• Sanvic
• ACC Silicones
• Baixing Group
• (The Companies mentioned above are not profiled but can be done on Client’s request)
Table Of Contents
• CHAPTER 1. INTRODUCTION
• CHAPTER 2. EXECUTIVE SUMMARY
• CHAPTER 3. MARKET OVERVIEW
• CHAPTER 4. GLOBAL SUGAR CONFECTIONERY MARKET, BY PRODUCT TYPE
• CHAPTER 5. GLOBAL SUGAR CONFECTIONERY MARKET, BY GEOGRAPHY
• CHAPTER 6. COMPANY PROFILES
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