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.
According to this study, over the next five years the Solar Encapsulation Materials market will register a 1.7% CAGR in terms of revenue, the global market size will reach US$ 1800 million by 2024, from US$ 1630 million in 2019.
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| Solar encapsulation materials |
In particular, this report presents the global market share (sales and revenue) of key companies in Solar Encapsulation Materials business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Solar Encapsulation Materials market by product type, application, key manufacturers and key regions and countries.
This study considers the Solar Encapsulation Materials value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- EVA Sheet
- PVB Sheet
- Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Photovoltaic Module
- Others
Report Sample includes:
– Table of Contents
– List of Tables & Figures
– Charts
– Research Methodology
– Table of Contents
– List of Tables & Figures
– Charts
– Research Methodology
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This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- Americas
- United States
- Canada
- Mexico
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- First
- Sveck
- STR
- MITSUI
- Bridgestone
- TPI All Seasons
- Akcome
- Hiuv
- Changzhou Bbetterfilm
- JGP Energy
- 3M
- SKC
- Lucent
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
- To study and analyze the global Solar Encapsulation Materials consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Solar Encapsulation Materials market by identifying its various subsegments.
- 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 share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption 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.
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