Solar Encapsulation Market – Global Industry Analysis and Forecast 2018-2026
Solar Encapsulation Market was valued USD 1 Bn in 2017 and is estimated to reach approximately USD 5 Bn by 2026 at a CAGR of about 20 % during a forecast period.
Demand for roof top photovoltaic installations have increased with increase in demand for alternative sources of energy. Solar encapsulation market is mainly driven by growing demand of solar photovoltaic panels. Excellent mechanical and chemical properties such as durability and thermal resistivity have increased the demand for solar encapsulation material
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with application in various residential, non-residential, and utility scale. Solar encapsulation refers to the process of laminating the solar panels and equipments that are open to various environmental conditions and physical threats. Solar encapsulation improves their efficiency coupled with cost saving. This feature of solar encapsulation process has raised market share of solar encapsulation market.
Based on the material used for encapsulation the solar encapsulation market is classified into ethylene vinyl acetate, non-ethylene vinyl acetate and UV Curable Resins. Ethylene vinyl acetate solar encapsulation has gained major demand owing to its excellent protection against corrosion and delamination. Ethylene vinyl acetate solar encapsulation improves the efficiency of solar modules owing to their excellent barrier protection against humidity, UV radiations and stringent environmental condition at greater extent.
Based on technology solar encapsulation market is categorized into crystalline silicon solar technology and thin-film solar technology. Crystalline silicon solar technology is expected to holds a major share in the solar encapsulation market. Owing to higher conversion efficiency and energy savings features crystalline silicon has gain the share in the solar encapsulation market.
On the basis of application solar encapsulation market is categorized into automotive, construction, electronics, and others. Construction is the largest application category of solar encapsulation and comprises more than half market due to increasing demand for rooftop panel systems in the construction category.
Based on geography solar encapsulation market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is expected to be fastest-growing region in a solar encapsulation market. Recently Asia Pacific has witnessed a significant increase in the number of solar cell material units because of the shift of module manufacturers from Europe to China. Price fluctuation in solar materials in Europe has resulted in the migration of many players to Asia Pacific for material, which has support the growth of Asia Pacific solar encapsulation market.
Dow Corning, DuPont, Jura-plast, Trosifol, Solutia Inc., Hangzhou First Applied Material Co., Wacker Chemie AG., Inc., 3M Company, Ltd., Mitsui Chemicals Tohcello Inc., Dow Corning Corporation, DuPont, Bridgestone Corporation, First Solar Inc. and STR Holdings are some of the keyplayer of solar encapsulation market.
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Solar Encapsulation Market scope:
Solar Encapsulation Market by Material Type:
• Ethylene Vinyl Acetate
• Non-Ethylene Vinyl Acetate
• UV Curable Resins
Solar Encapsulation Market by Technology Type:
• Crsytalline Silicon Technology
• Thin Film Technology
• Other
Solar Encapsulation Market by Application Type:
• Construction
• Electronics
• Automobile
• Others
Solar Encapsulation Market by Region:
• Asia Pacific
• Europe
• North America
• Middle East & Africa
• Latin America
Key Players Analysed in the Solar Encapsulation Market:
• STR Holdings Inc.
• Hangzhou First PV Material Co. Ltd.
• Solutia
• Bridgestone
• Dow Corning
• DuPont
• Jura-plast
• Trosifol.
• Wacker Chemie
• 3M Company, Ltd.
• Mitsui Chemicals Tohcello Inc.
• First Solar Inc.
• STR Holdings.
• Changzhou Sveck Technology Co. Ltd.
• RenewSys India Pvt. Ltd.
• Encapsulantes de Valor Añadido S.A.
• E.I. du Pont de Nemours and Company
• Jiangsu Akcome Science & Technology Co. Ltd.
• Saint-Gobain S.A.
• ISOVOLTAIC AG
• Eastman Chemical Company
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MAJOR TOC OF THE REPORT
Chapter One: Solar Encapsulation Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Solar Encapsulation Market Competition, by Players
Chapter Four: Global Solar Encapsulation Market Size by Regions
Chapter Five: North America Solar Encapsulation Revenue by Countries
Chapter Six: Europe Solar Encapsulation Revenue by Countries
Chapter Seven: Asia-Pacific Solar Encapsulation Revenue by Countries
Chapter Eight: South America Solar Encapsulation Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Solar Encapsulation by Countries
Chapter Ten: Global Solar Encapsulation Market Segment by Type
Chapter Eleven: Global Solar Encapsulation Market Segment by Application
Chapter Twelve: Global Solar Encapsulation Market Size Forecast (2019-2026)
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