Product Code: GVR-4-68040-690-1
Solar Encapsulation Market Summary
The global solar encapsulation market size was estimated at USD 8.89 billion in 2024 and is projected to reach USD 16.99 billion by 2033, growing at a CAGR of 6.9% from 2025 to 2033. Solar encapsulation refers to the protective layer in photovoltaic (PV) modules that shields solar cells from environmental damage, such as moisture, UV rays, and mechanical stress. These encapsulants enhance durability, improve efficiency, and extend the operational life of solar panels.
The growing demand for renewable energy and continuous advancements in solar module designs are driving the market forward. In addition, increasing investments in large-scale solar energy projects and favorable government initiatives to reduce greenhouse gas emissions are expected to fuel market growth further.
Encapsulants are critical to the structural integrity and performance of crystalline silicon and thin-film solar technologies. Materials such as Ethylene Vinyl Acetate (EVA), Polyolefin, and Thermoplastic Polyurethane (TPU) dominate the landscape due to their cost-effectiveness and excellent optical and adhesive properties. The rising adoption of bifacial and high-efficiency PV modules is creating demand for next-generation encapsulation materials with better UV stability and lower degradation rates. Major solar-producing countries such as China, India, the U.S., and Germany are significantly contributing to market expansion through ambitious solar deployment targets and local manufacturing incentives. The market outlook remains strong as the global energy mix shifts toward clean and sustainable solutions.
Global Solar Encapsulation Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global solar encapsulation market report based on material, technology, application, and region.
- Material Outlook (Revenue, USD Million, 2021 - 2033)
- Ethylene Vinyl Acetate (EVA)
- Thermoplastic Polyurethane (TPU)
- Polyvinyl Butyral (PVB)
- Polydimethylsiloxane (PDMS)
- Ionomer
- Polyolefin
- Technology Outlook (Revenue, USD Million, 2021 - 2033)
- Crystalline Silicon Solar
- Thin-Film Solar
- Application Outlook (Revenue, USD Million, 2021 - 2033)
- Ground-mounted
- Building-integrated photovoltaic
- Floating photovoltaic
- Others (Automotive, Construction, and Electronics)
- Regional Outlook (Revenue, USD Million, 2021 - 2033)
- North America
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Spain
- Norway
- Asia Pacific
- China
- India
- Japan
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Value Chain Analysis
- 3.4. Regulatory Framework
- 3.4.1. Standards & Compliance
- 3.4.2. Regulatory Impact Analysis
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunities
- 3.5.4. Market Challenges
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Application
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Solar Encapsulation Market: Material Estimates & Trend Analysis
- 4.1. Solar Encapsulation Market: Material Movement Analysis, 2024 & 2033
- 4.2. Ethylene Vinyl Acetate (EVA)
- 4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 4.3. Thermoplastic Polyurethane (TPU)
- 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 4.4. Polyvinyl Butyral (PVB)
- 4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 4.5. Polydimethylsiloxane (PDMS)
- 4.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 4.6. Ionomer
- 4.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 4.7. Polyolefin
- 4.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
Chapter 5. Solar Encapsulation Market: Technology Estimates & Trend Analysis
- 5.1. Solar Encapsulation Market: Technology Movement Analysis, 2024 & 2033
- 5.2. Crystalline Silicon Solar
- 5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 5.3. Thin-Film Solar
- 5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
Chapter 6. Solar Encapsulation Market: Application Estimates & Trend Analysis
- 6.1. Solar Encapsulation Market: Application Movement Analysis, 2024 & 2033
- 6.2. Ground-mounted
- 6.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.3. Building-integrated photovoltaic
- 6.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.4. Floating photovoltaic
- 6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.5. Others (Automotive, Construction, and Electronics)
- 6.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
Chapter 7. Solar Encapsulation Market: Regional Estimates & Trend Analysis
- 7.1. Regional Analysis, 2024 & 2033
- 7.2. North America
- 7.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.2.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.2.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.2.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.3. U.S.
- 7.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.3.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.3.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.3.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.4. Canada
- 7.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.4.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.4.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.4.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.5. Mexico
- 7.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.5.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.5.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.5.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.6. Europe
- 7.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.6.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.6.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.6.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.7. Germany
- 7.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.7.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.7.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.7.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.8. UK
- 7.8.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.8.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.8.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.8.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.9. France
- 7.9.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.9.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.9.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.9.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.10. Russia
- 7.10.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.10.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.10.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.10.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.11. Italy
- 7.11.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.11.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.11.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.11.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.12. Spain
- 7.12.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.12.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.12.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.12.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.13. Norway
- 7.13.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.13.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.13.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.13.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.14. Asia Pacific
- 7.14.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.14.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.14.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.14.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.15. China
- 7.15.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.15.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.15.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.15.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.16. India
- 7.16.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.16.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.16.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.16.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.17. Japan
- 7.17.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.17.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.17.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.17.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.18. South Korea
- 7.18.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.18.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.18.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.18.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.19. Latin America
- 7.19.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.19.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.19.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.19.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.20. Brazil
- 7.20.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.20.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.20.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.20.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.21. Argentina
- 7.21.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.21.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.21.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.21.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.22. Middle East & Africa
- 7.22.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.22.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.22.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.22.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.23. Saudi Arabia
- 7.23.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.23.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.23.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.23.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.24. UAE
- 7.24.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.24.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.24.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.24.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
- 7.25. South Africa
- 7.25.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 7.25.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million)
- 7.25.3. Market estimates and forecasts, by technology, 2021 - 2033 (USD Million)
- 7.25.4. Market estimates and forecasts, by application, 2021 - 2033 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments By Key Market Participants
- 8.2. Company Categorization
- 8.3. List of Key Component Suppliers & Channel Partners
- 8.4. Company Market Share & Positioning Analysis, 2024
- 8.5. Heat Map Analysis
- 8.6. Vendor Landscape
- 8.6.1. List of Raw Material Suppliers
- 8.6.2. List of Distributors/Traders
- 8.6.3. List of Other Prominent Manufacturers
- 8.7. List of Prospective End Users
- 8.8. Strategy Mapping
- 8.9. Company Profiles/Listing
- 8.9.1. First Solar
- 8.9.1.1. Company Overview
- 8.9.1.2. Financial Performance
- 8.9.1.3. Product Benchmarking
- 8.9.2. DuPont
- 8.9.2.1. Company Overview
- 8.9.2.2. Financial Performance
- 8.9.2.3. Product Benchmarking
- 8.9.3. 3M
- 8.9.3.1. Company Overview
- 8.9.3.2. Financial Performance
- 8.9.3.3. Product Benchmarking
- 8.9.4. Dow
- 8.9.4.1. Company Overview
- 8.9.4.2. Financial Performance
- 8.9.4.3. Product Benchmarking
- 8.9.5. Mitsui Chemicals, Inc.
- 8.9.5.1. Company Overview
- 8.9.5.2. Financial Performance
- 8.9.5.3. Product Benchmarking
- 8.9.6. HANGZHOU FIRST APPLIED MATERIAL CO., LTD.
- 8.9.6.1. Company Overview
- 8.9.6.2. Financial Performance
- 8.9.6.3. Product Benchmarking
- 8.9.7. LG Chem
- 8.9.7.1. Company Overview
- 8.9.7.2. Financial Performance
- 8.9.7.3. Product Benchmarking
- 8.9.8. JA SOLAR Technology Co., Ltd.
- 8.9.8.1. Company Overview
- 8.9.8.2. Financial Performance
- 8.9.8.3. Product Benchmarking
- 8.9.9. Shin-Etsu Chemical Co., Ltd.
- 8.9.9.1. Company Overview
- 8.9.9.2. Financial Performance
- 8.9.9.3. Product Benchmarking
- 8.9.10. RenewSys India Pvt. Ltd.
- 8.9.10.1. Company Overview
- 8.9.10.2. Financial Performance
- 8.9.10.3. Product Benchmarking