The Global Solar Encapsulation Market is expected to reach USD 12.05 billion by 2027 from USD 2.11 billion in 2019, growing at a CAGR of 23.3% from 2020 to 2027.
New York, NY -- (SBWIRE) -- 01/21/2021 -- The Global Solar Encapsulation Market is expected to reach USD 12.05 billion by 2027 from USD 2.11 billion in 2019, growing at a CAGR of 23.3% from 2020 to 2027. The increasing demand for solar energy and solar photovoltaic modules will augment growth of the solar encapsulation materials market. The demand for rooftop photovoltaic solar panels has increased, owing to market-supporting energy programs, coupled with an increase in the demand for alternative green renewable sources of energy. This will impact the growth of the solar encapsulation materials market. Excellent physical and chemical properties such as high durability and thermal resistivity will elevate the demand for solar encapsulation materials. Various government initiatives as well as market-supporting programs have sped up the demand for solar energy as an alternate solution to reduce carbon footprint.
Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market. The pandemic has affected every segment of the market, along with bringing disruption in the supply chain, demands & trends, and financial difficulties. The report covers the initial and future assessment of the COVID-19 impact on the market.
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Solar encapsulation involved protecting expensive panels that are susceptible to various environmental and physical threats. This improves their efficiency coupled with cost-saving. This feature of the encapsulation process has triggered its market share. The solar encapsulation market may be segmented on the basis of its applications, which include construction, electronics, and automotive. Different technologies in the market are thin-film technology, single crystal or polycrystalline silicon technology, and on the basis of material used such as EVA, PVB, PV, PDMS, and ionomer.
The report covers the market dynamics analysis, company profiles, production and manufacturing capacity, product specifications, product value, and key players. The report also offers an insight into the growth prospects during the forecast period. The Solar Encapsulation Materials Market report also offers detailed data on the key market players to impart a deeper understanding of the competitive landscape. The report focuses on the key market elements to ensure the readers gain a competitive advantage and maximum benefit of the market data to assist them in achieving substantial growth and an advantageous position in the global market
Based on the regions, the report covers the following regions:
North America (U.S.A., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The global Solar Encapsulation Materials market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies' current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.
The leading companies operating across the global Solar Encapsulation Materials market are listed below:
First, Sveck, STR, MITSUI, Bridgestone, TPI All Seasons, Dow Corning, DuPont, Akcome, Hiuv, Hangzhou First PV material Co. Ltd, Changzhou Bbetterlm, JGP Energy, 3M, SKC and Lucent.
Type (Revenue in USD Million; 2017–2027)
Application (Revenue in USD Million; 2017–2027)
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Table Of Contents:
1 Market Overview
1.1 Solar Encapsulation Materials Introduction
1.2 Market Analysis by Type
2 Manufacturers Profiles
3 Global Solar Encapsulation Materials Market Competition, by Manufacturer
3.1 Global Solar Encapsulation Materials Sales and Market Share by Manufacturer (2016-2017)
3.2 Global Solar Encapsulation Materials Revenue and Market Share by Manufacturer (2016-2017)
4 Global Solar Encapsulation Materials Market Analysis by Regions
5 North America Solar Encapsulation Materials by Countries, Type, Application and Manufacturers
6 Europe Solar Encapsulation Materials by Countries, Type, Application and Manufacturers
7 Asia-Pacific Solar Encapsulation Materials by Countries, Type, Application and Manufacturers
8 South America Solar Encapsulation Materials by Countries, Type, Application and Manufacturers
9 Middle East and Africa Solar Encapsulation Materials by Countries, Type, Application and Manufacturers
10 Global Solar Encapsulation Materials Market Segment by Type
11 Global Solar Encapsulation Materials Market Segment by Application
12 Solar Encapsulation Materials Market Forecast (2017-2022)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
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