Solar Encapsulation Market Size, Trends, Shares, and Forecast - 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Solar Encapsulation Market covers analysis By Material (Ethylene Vinyl Acetate (EVA), Non-EVA, Polyvinyl Butyral (PVB), Polydimethylsiloxane (PDMS), Ionomer, Thermoplastic Polyurethane (TPU), Polyolefin, Others); Technology (Crystalline, Single Crystalline, Poly Crystalline, Thin Film Amorphous, Cadmium Telluride (CdTe), Copper Indium Gallium Selenide (CIGS), Amorphous Silicon (a-Si).); Application (Construction, Electronics, Automobile, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Sep 2025
  • Report Code : TIPRE00027615
  • Category : Energy and Power
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150

MARKET INTRODUCTION


Encapsulation of solar cells is done between the solar module glass cover and the glass cover of the solar cell located inside the module. Encapsulations are usually done in order to extend the useful life of such PV installations. Materials selected for encapsulations usually possess corrosion resistant, flame retardant or hard wearing properties. Generally such encapsulation cannot be easily automated and requires significant energy and material resources. The use of such encapsulants is growing steadily in multiple industries such as construction and automotive among others.


MARKET DYNAMICS


The factors driving growth in the solar encapsulation market are global electricity demand which is expected to double by 2031, 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. Other driving factors include growing energy requirements and immense technological proliferation in the solar PV module industry resulting in plummeting prices. Even though the market is at a nascent stage of development, growing acceptance and negligible product substitutes will ensure steady growth of the market in future.


MARKET SCOPE


The ˜Global Solar Encapsulation Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the solar encapsulation market with detailed market segmentation by material, technology, application. The global solar encapsulation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading solar encapsulation market players and offers key trends and opportunities in the market.


MARKET SEGMENTATION


1. By Material: By Material Type the solar encapsulation market is categorized into Ethylene Vinyl Acetate (EVA), Non-EVA, Polyvinyl Butyral (PVB), Polydimethylsiloxane (PDMS), Ionomer, Thermoplastic Polyurethane (TPU), Polyolefin and others.
2. By Technology: Based on technology the market is divided into Crystalline, Single Crystalline, Poly Crystalline, Thin Film Amorphous, Cadmium Telluride (CdTe), Copper Indium Gallium Selenide (CIGS), Amorphous Silicon (a-Si).
3. By Application: By on application market is categorized into Construction, Electronics, Automobile, and other sectors.


REGIONAL FRAMEWORK


The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The solar encapsulation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the solar encapsulation market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the solar encapsulation market in these regions.
IMPACT OF COVID 19
The onset of COVID-19 could hardly affect the solar encapsulation industry. Industry players faced major challenges, including disrupted supply chains, attracting workers from quarantines, and logistic issues in delivering end products. At the same time, the pandemic reassured a robust rise in the renewable energy market, continually propelling energy demand. The solar encapsulation market value is projected to pick up further, following lockdown mandates relaxed in many countries.

MARKET PLAYERS


The report covers vital developments in the solar encapsulation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the solar encapsulation market are anticipated to have lucrative growth opportunities in the future with the rising demand for solar encapsulation in the global market. Below mentioned is the list of a few companies engaged in the solar encapsulation market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the solar encapsulation market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.

  •   Akcome
  •   Bridgestone
  •   Changzhou Bbetterfilm
  •   Hiuv
  •   JGP Energy
  •   Lucent
  •   MITSUI
  •   SKC
  •   STR
  •   Sveck
  •   TPI All Seasons
  •   3M


The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Solar Encapsulation Report Scope

Report Attribute Details
Market size in 2024 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) XX%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Material
  • Ethylene Vinyl Acetate
  • Non-EVA
  • Polyvinyl Butyral
  • Polydimethylsiloxane
  • Ionomer
  • Thermoplastic Polyurethane
  • Polyolefin
By Technology
  • Crystalline
  • Single Crystalline
  • Poly Crystalline
  • Thin Film Amorphous
  • Cadmium Telluride
  • Copper Indium Gallium Selenide
  • Amorphous Silicon
By Application
  • Construction
  • Electronics
  • Automobile
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Akcome
  • Bridgestone
  • Changzhou Bbetterfilm
  • Hiuv
  • JGP Energy
  • Lucent
  • MITSUI
  • SKC
  • STR
  • Nivedita Upadhyay
    Nivedita Upadhyay
    Manager,
    Market Research & Consulting

    Nivedita is an accomplished research professional with over 9 years of experience in Market Research and Business Consulting. Currently serving as a Project Manager in the ICT domain at The Insight Partners, she brings deep expertise in managing and executing Syndicated, Custom, Subscription-based, and Consulting research assignments across diverse technology sectors.

    With a proven track record of delivering data-driven analysis and actionable insights, Nivedita has been a key contributor to several critical projects. Her work involves end-to-end project execution—right from understanding client objectives, analyzing market trends, to deriving strategic recommendations. She has collaborated extensively with leading ICT companies, helping them identify market opportunities and navigate industry shifts.

    Nivedita holds an MBA in Management from IMS, Dehradun. Prior to joining The Insight Partners, she gained valuable experience at MarketsandMarkets and Future Market Insights in Pune, where she held various research roles and built a strong foundation in industry analysis and client engagement.

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    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
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    Our Clients
    The List of Companies

    1.Akcome
    2.Bridgestone
    3.Changzhou Bbetterfilm
    4.Hiuv
    5.JGP Energy
    6.Lucent
    7.MITSUI
    8.SKC
    9.STR
    10.Sveck
    11.TPI All Seasons
    12.3M
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