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Growing demand of solar PVs and other applications with increasing investment in modernization of infrastructure will drive the global solar encapsulation market to 1,357.2 million by 2018, with a CAGR of 10.2% from 2013 to 2018. Asia, with its thriving economies and rapidly expanding manufacturing bases, is expected to experience highest revenue growth during the next five years.The factors driving growth in the solar encapsulation market are global electricity demand which is expected to double by 2030, cost reduction potential of solar PV, and PV technology developments. Solar encapsulation is a moderately developing market with no other substitute that makes it a backbone of PV modules’ manufacturing. Thus, the market is expected to continue the steady growth rate in future also.Solar encapsulation manufacturers mainly focus on R&D in order to develop new and improved encapsulants for upcoming PV technologies, which offer more distinguished and revolutionary features such as efficiency, resistance against heat & moisture, flexibility, etc. Expansion and mergers & acquisitions into new and emerging markets such as Asia, Europe, and North America has been and will be the key for success for solar encapsulant manufacturers to increase their overall sales and revenue.

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Solar Encapsulation Market

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Solar encapsulation market

http://www.marketsandmarkets.com/Market-Reports/solar-encapsulants-

market-927.html


Solar encapsulation market

Growing demand of solar PVs and other applications with increasing

investment in modernization of infrastructure will drive the global

solar encapsulation market to 1,357.2 million by 2018, with a CAGR

of 10.2% from 2013 to 2018. Asia, with its thriving economies and

rapidly expanding manufacturing bases, is expected to experience

highest revenue growth during the next five years.

The factors driving growth in the solar encapsulation market are

global electricity demand which is expected to double by 2030, cost

reduction potential of solar PV, and PV technology developments.

Solar encapsulation is a moderately developing market with no other

substitute that makes it a backbone of PV modules’ manufacturing.

Thus, the market is expected to continue the steady growth rate in

future also.

http://www.marketsandmarkets.com/Market-Reports/solar-encapsulants-

market-927.html


Solar encapsulation market

Solar encapsulation manufacturers mainly focus on R&D in order to develop

new and improved encapsulants for upcoming PV technologies, which offer

more distinguished and revolutionary features such as efficiency, resistance

against heat & moisture, flexibility, etc. Expansion and mergers & acquisitions

into new and emerging markets such as Asia, Europe, and North America has

been and will be the key for success for solar encapsulant manufacturers to

increase their overall sales and revenue.

Solar encapsulant is extensively used in construction, automotive, and

electronics applications. Favorable demand in Asia and growing

applications of solar encapsulants are expected to be the major

demand drivers for global market making the products irreplaceable,

especially in the solar modules.

http://www.marketsandmarkets.com/Market-Reports/solar-encapsulants-

market-927.html


Solar encapsulation market

The solar encapsulation materials segment included in this report is based

on key materials, i.e. Ethylene Vinyl Acetate (EVA), Polyvinyl Butyral (PVB),

Polydimethylsiloxane (PDMS), Ionomer, Thermoplastic Polyurethane (TPU),

and Polyolefin. The technologies covered in this report are Single-

crystal/polycrystalline silicon solar technology, Thin-film solar technology

(Cadmium-telluride (CdTe), Copper-indium-gallium-selenide (CIGS), and

Amorphous Silicon (a-Si)).

The solar encapsulation materials segment included in this report is based on key

materials, i.e. Ethylene Vinyl Acetate (EVA), Polyvinyl Butyral (PVB),

Polydimethylsiloxane (PDMS), Ionomer, Thermoplastic Polyurethane (TPU), and

Polyolefin. The technologies covered in this report are Single-

crystal/polycrystalline silicon solar technology, Thin-film solar technology

(Cadmium-telluride (CdTe), Copper-indium-gallium-selenide (CIGS), and

Amorphous Silicon (a-Si)).

http://www.marketsandmarkets.com/Market-Reports/solar-encapsulants-

market-927.html


Solar encapsulation market

http://www.marketsandmarkets.com/Market-Reports/solar-encapsulants-

market-927.html


Solar encapsulation market

For this report, the major players in the market are identified through secondary

and primary research. Based on that, their market shares are evaluated. This

includes study of the annual reports of top market players and interviews with key

opinion leaders such as CEOs, Directors, and marketing people.

The size of overall market is determined by forecasting techniques based on solar

encapsulation materials demand in different applications and regions, which is

validated through primary sources. The volume market for solar encapsulation

materials is determined and the value is reflected by the average price of

encapsulating materials, which is evaluated using primary and secondary research.

The market data is available from 2011 to 2018 with CAGR from 2013 to 2018.

This report analyzes various marketing trends and establishes the most effective

growth strategy. It identifies market dynamics such as drivers, opportunities,

burning issues, and winning imperatives. Major companies such as STR Holdings

Inc. (U.S.), Hangzhou First PV Material Co. Ltd. (China), Solutia (U.S.), Bridgestone

(Japan), Dow Corning (U.S.), DuPont (U.S.), etc. have also been profiled in this

report.

http://www.marketsandmarkets.com/Market-Reports/solar-encapsulants-

market-927.html


Solar encapsulation market

• Global solar encapsulation market: 1.3 billion market by

2018 signifying firm annualized growth rate of 10.2% from

2013 to 2018.

• The global market for solar encapsulation is wide with

significant growth lined up for large scale development.

This market totally depends on PV as encapsulation is an

integral part of PV module manufacturing. Thus, any

fluctuations in PVs’ or solar applications’ market is

completely reflected on solar encapsulation market.

• Favorable demand in Asia and growing applications of solar

encapsulants are expected to be the major demand drivers

for global market, making the products irreplaceable

especially in the solar modules.

http://www.marketsandmarkets.com/Market-Reports/solar-encapsulants-

market-927.html


Solar encapsulation market

The companies involved in solar encapsulation business are thus

expanding into emerging markets like Asia. Technological advancement

and innovative new products are the key strategies that are helping the

companies to maximize their revenues.

Within the applications segment, construction industry is the major area

for solar encapsulation market. It is expected to maintain a dominating

position over the next few years. The market is also studied based on

different types of materials which include Ethylene Vinyl Acetate (EVA),

Polyvinyl Butyral (PVB), Polydimethylsiloxane (PDMS), Ionomer,

Thermoplastic Polyurethane (TPU), and Polyolefin.

Geographically, the market is studied for different regions such as North

America, Asia, and Europe. The value and volume market for solar

encapsulation (by demand) is analyzed in detail for all the micro and

macro markets. The study covers different growth strategies such as

products launch, expansions, and agreements followed by key

manufacturers over a period of time.

http://www.marketsandmarkets.com/Market-Reports/solar-encapsulants-

market-927.html


Solar encapsulation market

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411013, India 1-888-600-6441

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