Solar encapsulation materials are encapsulant sheets that protect the solar cell to ensure its performance and reliability. Solar encapsulation materials should be stable at elevated temperatures and high UV exposure. They should also be able to provide good optical and electrical transmissivity.
As an important encapsulant, solar encapsulation materials are widely used in PV module. They are generally classified into several types according the resin used in the material. EVA sheet is the largest type taking 97.23% of the total solar encapsulation materials production in 2016. PVB sheet is another kind of solar encapsulation materials, which only took 1.57% of the total production.
The technical barrier of making high-quality solar encapsulation materials is high, and the market concentration degree is also relatively high. Major companies in solar encapsulation materials market include First, STR, Bridgestone and MITSUI. Those four players occupied 69.51% of the global production in 2016.
With the fast improvement of PV module industry, the consumption of solar encapsulation materials is expected to grow during the forecast period of 2018-2023. Solar encapsulation materials industry will increase in a huge growth space.
The global Solar Encapsulation Materials market was 1630 million US$ in 2018 and is expected to 1860 million US$ by the end of 2025, growing at a CAGR of 1.7% between 2019 and 2025.
This report studies the Solar Encapsulation Materials market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Solar Encapsulation Materials in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
TPI All Seasons
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Solar Encapsulation Materials market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Solar Encapsulation Materials market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Solar Encapsulation Materials manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Solar Encapsulation Materials with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Solar Encapsulation Materials submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Solar Encapsulation Materials are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K sqm). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Solar Encapsulation Materials market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Solar Encapsulation Materials market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.