Summary

The Global Solar Encapsulation Market is currently valued at approximately USD 5.32 billion in 2024 and is poised to grow at a compelling compound annual growth rate (CAGR) of 8.00% during the forecast period 2025 to 2035. Solar encapsulation plays a critical role in protecting photovoltaic (PV) modules from environmental degradation while maintaining optical clarity and mechanical integrity. As solar power emerges as one of the fastest-growing renewable energy sources globally, the demand for advanced encapsulation materials is gaining unprecedented momentum. Governments’ relentless pursuit of net-zero emission goals, coupled with the declining cost of solar modules and rising consumer adoption, is fostering a ripe environment for solar encapsulation technologies to thrive.
The uptick in solar deployment—driven by global decarbonization commitments and surging utility-scale solar installations—is rapidly reshaping the energy landscape. Material innovations in encapsulation, such as polyolefin and thermoplastic polyurethanes (TPUs), are reshuffling the value chain by offering improved resistance against UV radiation, moisture, and delamination. Concurrently, technological advances in thin-film and crystalline silicon PV modules are widening the scope for encapsulation applications across varied environmental conditions. As solar panel lifespans continue to increase, the pressure on encapsulation materials to provide long-term protection without compromising performance is intensifying, making this segment pivotal to solar industry sustainability.
From a geographical standpoint, North America currently holds a dominant share in the solar encapsulation market, bolstered by robust government incentives, renewable energy mandates, and a mature solar infrastructure across the U.S. and Canada. Europe, on the other hand, is witnessing a solar resurgence in regions like Germany, France, and the Netherlands due to evolving energy security concerns and EU climate directives. However, Asia Pacific is projected to be the fastest-growing regional market through 2035, underpinned by aggressive solar capacity additions in China, India, and Southeast Asia. Rapid urbanization, supportive government policies, and rising investments in green infrastructure are serving as key growth accelerators for the region.
Major market players included in this report are:
• BASF SE
• DuPont de Nemours, Inc.
• Mitsui Chemicals, Inc.
• Hangzhou First Applied Material Co., Ltd.
• 3M Company
• STR Holdings, Inc.
• Bridgestone Corporation
• Folienwerk Wolfen GmbH
• Solutia Inc.
• RenewSys India Pvt. Ltd.
• Sveck Photovoltaic New Materials Co., Ltd.
• Saint-Gobain Performance Plastics
• TPI All Seasons Company Ltd.
• Targray Technology International Inc.
• SKC Co., Ltd.
Global Solar Encapsulation Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025–2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope – Free report customization (equivalent up to 8 analysts’ working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segments of the market are explained below:
By Material:
• EVA
• PVB
• PDMS
• Ionomer
• TPU
• Polyolefin
By Technology:
• Crystalline Silicon
• Thin-film Solar
By Application:
• Ground-mounted
• Building-integrated Photovoltaic
• Floating Photovoltaic
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

ページTOPに戻る

Table of Contents

Table of Contents
Chapter 1. Global Solar Encapsulation Market Report Scope & Methodology
1.1. Research Objective
1.2. Research Methodology
 1.2.1. Forecast Model
 1.2.2. Desk Research
 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
 1.4.1. Market Definition
 1.4.2. Market Segmentation
1.5. Research Assumption
 1.5.1. Inclusion & Exclusion
 1.5.2. Limitations
 1.5.3. Years Considered for the Study
Chapter 2. Executive Summary
2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. Key Findings
Chapter 3. Global Solar Encapsulation Market Forces Analysis (2024–2035)
3.1. Market Forces Shaping The Global Solar Encapsulation Market
3.2. Drivers
 3.2.1. Growing demand for renewable energy sources
 3.2.2. Declining cost of solar photovoltaic modules
 3.2.3. Government initiatives promoting solar power adoption
3.3. Restraints
 3.3.1. High initial manufacturing and installation costs
 3.3.2. Challenges related to the recyclability of encapsulation materials
3.4. Opportunities
 3.4.1. Advancements in polymer encapsulants for longer durability
 3.4.2. Expansion of floating solar PV and BIPV technologies
Chapter 4. Global Solar Encapsulation Industry Analysis
4.1. Porter’s 5 Forces Model
 4.1.1. Bargaining Power of Buyer
 4.1.2. Bargaining Power of Supplier
 4.1.3. Threat of New Entrants
 4.1.4. Threat of Substitutes
 4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Forecast Model (2024–2035)
4.3. PESTEL Analysis
 4.3.1. Political
 4.3.2. Economical
 4.3.3. Social
 4.3.4. Technological
 4.3.5. Environmental
 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024–2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion
Chapter 5. Global Solar Encapsulation Market Size & Forecasts by Material 2025–2035
5.1. Market Overview
5.2. Global Solar Encapsulation Market Performance - Potential Analysis (2025)
5.3. EVA
 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 5.3.2. Market Size Analysis, by Region, 2025–2035
5.4. PVB
 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 5.4.2. Market Size Analysis, by Region, 2025–2035
5.5. PDMS
 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 5.5.2. Market Size Analysis, by Region, 2025–2035
5.6. Ionomer
 5.6.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 5.6.2. Market Size Analysis, by Region, 2025–2035
5.7. TPU
 5.7.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 5.7.2. Market Size Analysis, by Region, 2025–2035
5.8. Polyolefin
 5.8.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 5.8.2. Market Size Analysis, by Region, 2025–2035
Chapter 6. Global Solar Encapsulation Market Size & Forecasts by Technology 2025–2035
6.1. Market Overview
6.2. Global Solar Encapsulation Market Performance - Potential Analysis (2025)
6.3. Crystalline Silicon
 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 6.3.2. Market Size Analysis, by Region, 2025–2035
6.4. Thin-film Solar
 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 6.4.2. Market Size Analysis, by Region, 2025–2035
Chapter 7. Global Solar Encapsulation Market Size & Forecasts by Application 2025–2035
7.1. Market Overview
7.2. Global Solar Encapsulation Market Performance - Potential Analysis (2025)
7.3. Ground-mounted
 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 7.3.2. Market Size Analysis, by Region, 2025–2035
7.4. Building-integrated Photovoltaic
 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 7.4.2. Market Size Analysis, by Region, 2025–2035
7.5. Floating Photovoltaic
 7.5.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
 7.5.2. Market Size Analysis, by Region, 2025–2035
Chapter 8. Global Solar Encapsulation Market Size & Forecasts by Region 2025–2035
8.1. Solar Encapsulation Market, Regional Market Snapshot
8.2. Top Leading & Emerging Countries
8.3. North America Solar Encapsulation Market
 8.3.1. U.S.
 8.3.2. Canada
8.4. Europe Solar Encapsulation Market
 8.4.1. UK
 8.4.2. Germany
 8.4.3. France
 8.4.4. Spain
 8.4.5. Italy
 8.4.6. Rest of Europe
8.5. Asia Pacific Solar Encapsulation Market
 8.5.1. China
 8.5.2. India
 8.5.3. Japan
 8.5.4. Australia
 8.5.5. South Korea
 8.5.6. Rest of Asia Pacific
8.6. Latin America Solar Encapsulation Market
 8.6.1. Brazil
 8.6.2. Mexico
8.7. Middle East & Africa Solar Encapsulation Market
 8.7.1. UAE
 8.7.2. Saudi Arabia
 8.7.3. South Africa
 8.7.4. Rest of Middle East & Africa
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. BASF SE
 9.2.1. Company Overview
 9.2.2. Key Executives
 9.2.3. Company Snapshot
 9.2.4. Financial Performance (Subject to Data Availability)
 9.2.5. Product/Services Port
 9.2.6. Recent Development
 9.2.7. Market Strategies
 9.2.8. SWOT Analysis
9.3. DuPont de Nemours, Inc.
9.4. Mitsui Chemicals, Inc.
9.5. Hangzhou First Applied Material Co., Ltd.
9.6. 3M Company
9.7. STR Holdings, Inc.
9.8. Bridgestone Corporation
9.9. Folienwerk Wolfen GmbH
9.10. Solutia Inc.
9.11. RenewSys India Pvt. Ltd.
9.12. Sveck Photovoltaic New Materials Co., Ltd.
9.13. Saint-Gobain Performance Plastics
9.14. TPI All Seasons Company Ltd.
9.15. Targray Technology International Inc.
9.16. SKC Co., Ltd.