太陽能電池封裝材的印度市場評估:類別，各面板類型，各用途，各地區，機會，預測(2019年度～2033年度)

預計到2033財年，印度太陽能電池封裝材料市場規模將從2025財年的2.2725億美元增至4.9426億美元，在2026財年-2033財年的預測期內，複合年增長率將達到10.20%。近年來，受再生能源目標的實現以及政府鼓勵採用太陽能電池技術的優惠政策的推動，該市場呈現強勁增長勢頭。預計未來幾年，這一上升趨勢將持續保持穩定成長。印度正努力實現其雄心勃勃的太陽能發電能力目標，這需要高效可靠的光伏 (PV) 系統。這導致對太陽能電池封裝材料的需求不斷增長。這些材料能夠提高太陽能電池板的效率和耐用性，尤其是在惡劣的氣候條件下，從而滿足高品質太陽能板生產的需求。

此外，政府正在實施太陽能板安裝措施，這正在提升國內製造產能。政府計畫正在支持太陽能電池板生產原材料的生產和供應鏈。太陽能板製造商也在投資研發，以改善能夠承受惡劣天氣條件的彈性封裝材料，預計這將在未來幾年推動太陽能封裝材料市場的成長。此外，由於光伏組件成本的下降以及政府透過稅收優惠和補貼提供的支持，全國各地對太陽能的採用正在增加，這推動了太陽能封裝材料市場的需求。

截至2025年4月，印度太陽能累計裝置容量已達約107.95吉瓦，其中地面安裝8239千萬瓦，併網屋頂1769萬千瓦，混合安裝289萬千瓦，離網安裝498萬千瓦。 2024-2025財年，印度將新增2,383萬千瓦的太陽能發電裝置容量，較上一財年的1,503萬千瓦大幅成長。這一成長凸顯了印度致力於擴大再生能源基礎建設，並實現其非化石燃料能源裝置容量達到500吉瓦的宏偉目標。

本報告提供印度的太陽能電池封裝材市場相關調查分析，提供市場規模與預測，市場動態，主要企業的形勢等資訊。

目錄

第1章 計劃的範圍和定義

第2章 調查手法

第3章 美國關稅的影響

第4章 摘要整理

第5章 客戶的迴響

• 受訪者的人口統計
• 決定購買時考慮的要素
  • 功能及其他附加價值服務
  • 解決方案的效率
  • 售後支持
• 未滿足需求

第6章 印度的太陽能電池封裝材市場預測(2019年度～2033年度)

• 市場規模的分析與預測
  • 金額
• 市場佔有率的分析與預測
  • 類別
    • 乙烯醋酸乙烯酯(EVA)
    • 聚烯合成橡膠(POE)
    • 其他
  • 各面板類型
    • 單結晶太陽能板
    • 多結晶太陽能板
    • 薄膜太陽能電池面板
    • 其他
  • 各用途
    • 屋頂太陽能設備
    • 建築整合型太陽能發電(BIPV)
    • 太陽能光伏發電所
    • 其他
  • 各地區
    • 北部
    • 南部
    • 東部
    • 西部·中部
  • 市場佔有率分析:各企業(前五名公司和其他)(金額)(2025年度)
• 市場地圖分析(2025年度)
  • 類別
  • 各面板類型
  • 各用途
  • 各地區

第7章 波特的五力分析

第8章 大環境分析

第9章 市場動態

• 推動市場要素
• 市場課題

第10章 市場趨勢與發展

第11章 政策和法規形勢

第12章 競爭情形

• 前五名市場領導者的競爭矩陣
• 前五名公司的SWOT分析
• 前十大主要企業的形勢
  • RenewSys India Pvt. Ltd.
  • Navitas Green Solutions Pvt. Ltd.
  • Vishakha Renewables Pvt. Ltd.
  • Knack Energy Pvt. Ltd.
  • Lucent CleanEnergy Pvt. Ltd.
  • 3M India Limited
  • Alishan Green Energy Pvt. Ltd.
  • Enerlite Solar Films India Pvt. Ltd.
  • Pixon Green Energy Pvt. Ltd.

第13章 策略性建議

第14章 關於調查公司·免責聲明

India solar encapsulation market is projected to witness a CAGR of 10.20% during the forecast period FY2026- FY2033F, growing from USD 227.25 million in FY2025 to USD 494.26 million in FY2033. The market for solar encapsulation has witnessed strong growth in recent years, driven by the achievement of renewable energy targets and favorable government policies promoting the adoption of solar technologies. This upward trend is expected to continue with a steady growth rate in the coming years. India is committed to achieving its ambitious solar power capacity goals, which necessitate the use of efficient and reliable solar photovoltaic (PV) systems. This, in turn, is driving the demand for solar encapsulation materials. These materials enhance the efficiency and durability of solar panels, especially under extreme climatic conditions, thereby supporting the need for high-quality solar panel production.

In addition, the government is implementing measures in the installation of solar panels that have improved local manufacturing capacity within the nation. Government program favors production and the supply chain of the raw materials applied in the production of solar panels. Besides, solar panel manufacturers are investing in research and development to refine encapsulation materials that are resilient enough to withstand harsh weather conditions, which is expected to drive growth in the solar encapsulation market in the coming years. In addition, the reduced cost of solar PV modules, combined with government support through tax incentives and subsidies, is increasing the use of solar energy across various regions of the country, thereby propelling the demand for solar encapsulation in the market.

As of April 2025, India's cumulative installed solar power capacity has reached approximately 107.95 GW. This includes 82.39 GW from ground-mounted solar plants, 17.69 GW from grid-connected rooftop systems, 2.89 GW from hybrid projects, and 4.98 GW from off-grid installations. The country added 23.83 GW of solar capacity in FY2024-25, marking a significant increase over the 15.03 GW added in the previous year. This growth underscores India's commitment to expanding its renewable energy infrastructure and achieving its ambitious target of 500 GW of non-fossil fuel energy capacity.

Adoption of Technologically Advanced Solar Energy Solutions Creates Market Growth

Adopting technologically advanced solar energy solutions is driving market demand for solar encapsulation by enhancing the performance, durability, and versatility of photovoltaic (PV) systems. Innovations such as bifacial panels, heterojunction technology (HJT), and tandem solar cells require high-quality encapsulants capable of withstanding elevated temperatures. The advanced panels manufactured with high-quality encapsulation material are able to capture high sunlight. Advanced solar energy technologies are an efficient way to maximize energy generation in a cost-effective manner which contributes to the rise in demand for solar encapsulation in the market. Companies are engaged in the production of innovative solar panels which could increase solar power production.

For instance, in September 2024, Sharp decided to launch a 450 W bifacial TOPCon module with 22.52% efficiency. The product is an IEC61215-and IEC61730-certified solar panel with an operating temperature coefficient of -0.29% per. The launch of innovative solar panel products drives the demand for efficient solar encapsulation in the market.

The country is focusing on the development of community solar projects, which is driving the demand for advanced solar panels in the market. Both utility and household sectors are increasingly investing in advanced solar technologies for these projects, thereby contributing to the growth of the solar encapsulation market in the coming years. Moreover, utility-scale and rooftop installation projects are adopting cost-effective technologies that generate large amounts of clean energy. Additionally, the integration of energy storage systems with solar panels has increased the need for encapsulation materials to support hybrid technologies. The capabilities of advanced solar energy solutions are enabling producers to develop more efficient solar systems in the market.

Government Policies and Initiatives Regarding Solar Panel Manufacturing Create Market Opportunity

India is establishing aggressive targets for renewable energy to minimize its reliance on fossil fuels and respond to climate change. To realize the established objectives, the nation is optimizing green energy from the increasing installations of solar energy in the household and for commercial purposes which increases demand for advanced encapsulation of the solar in the market. Based on the incorporation of advanced solar encapsulation material, the panel's potential of generating solar energy in the difficult climate is improved.

Moreover, increasing government policies and initiatives on solar panel production are generating large market opportunities for solar encapsulation materials in the next few years. In India, the Union Budget for FY2025-FY2026 has set aside considerable investments to increase renewable energy, such as a special USD 1.1 billion for the development of solar infrastructure. These encompass big solar parks and roof-mounted installations, which increase the production capacity of solar panels and thus fuel the demand for solar encapsulation in the market.

In January 2025, The Ministry of New and Renewable Energy (MNRE) issued the Solar Systems, Devices, and Components Goods Order, 2025, replacing the 2017 order, to enforce stricter quality standards for solar photovoltaic (PV) products. Effective 180 days post-publication, the order mandates that solar PV modules, inverters, and storage batteries conform to the latest Indian Standards and bear the BIS Standard Mark. Minimum efficiency criteria have been set at 18% for mono-crystalline silicon and thin-film PV modules, and 17% for poly-crystalline silicon PV modules. The order applies to all stakeholders in the solar PV market, excluding products meant exclusively for export. The Bureau of Indian Standards (BIS) will oversee certification and enforcement, with penalties for non-compliance as per the BIS Act, 2016. This initiative aims to enhance product reliability, ensure safety, and support India's renewable energy targets.

Ethylene-Vinyl Acetate (EVA) to Dominate the India Solar Encapsulation Market

The use of ethylene-vinyl acetate (EVA) material is on the rise in the Indian solar encapsulation industry due to the growing demand for high-quality encapsulation materials. EVA is preferred for its excellent optical transparency and strong adhesion to both glass and solar cells, making it an ideal choice for protecting photovoltaic modules against environmental stress.

Additionally, the Indian government's incentives and policies for solar energy uptake have triggered large investments in solar infrastructure, boosting the demand for EVA encapsulants in the market. The immense expansion of rooftop solar installations for residential and commercial purposes also aids in the growth of the segment as these require resilient encapsulation to deliver long-term performance and efficiency. In addition, improvements in the technology used in producing EVA have enhanced its properties making the material more attractive to solar panel makers. Consequently, EVA encapsulation is emerging as a key element in promoting the durability and reliability of solar panels in the market.

West and Central Region Dominate the India Solar Encapsulation Market

The western and central regions have dominated the solar encapsulation market and are expected to continue doing so during the forecast period. In these regions, Gujarat and Maharashtra are actively engaged in solar module and cell manufacturing, which is driving the demand for efficient solar encapsulation materials. These states have emerged as hubs for solar panel production, boosting the demand for encapsulation materials. Additionally, government initiatives promoting renewable energy adoption are further contributing to the market's growth.

For instance, in January 2025, Waaree Energies Limited has started trial production at its 5.4 GW solar cell factory in the Indian state of Gujarat. It is the largest solar cell manufacturing facility in India. This development highlights the rising investment in solar panel production which drives the demand for solar encapsulation in the market.

The Indian government is actively supporting the expansion of solar power projects through new initiatives and programs like solar parks and ultra-mega renewable energy power parks (UMREPPs) which drive the demand for solar panels in the region. The initiatives encourage the adoption of advanced solar technologies and encapsulation materials which could enhance the efficiency and output of solar installations.

Future Market Scenario (FY2026 - FY2033F)

The push towards the adoption of solar technologies is another significant trend that drives the demand for the solar encapsulation market.

Government policies aimed at promoting solar power infrastructure development are set to boost the demand for solar encapsulations in the country.

Integration of renewable energy sources in large-scale industrial applications creates the opportunity for solar encapsulation market growth in coming years.

Solar encapsulation material aligns with government goals regarding energy efficiency and sustainability energy policies which drive its market in the forecast period.

Key Players Landscape and Outlook

Continuous innovation characterizes the landscape of solar encapsulations, as companies compete in terms of energy efficiency, product life, and unique features. The market outlook remains positive, owing to increased demand for the integration of renewable energy and automation in the industrial sector. Product launches, agreements, business expansions, collaborations, and developing technologies are projected to increase competition in the fast-paced market.

For instance, in February 2024, RenewSys India Pvt. Ltd. decided to expand 1 GW of TOPCon module capacity, which is scheduled to start production by April 2025. Further, the company plans to add another 2 GW of TOPCon solar module capacity by April 2026 and 2 GW of ethylene vinyl acetate (EVA)/polyolefin (POE)/EPE encapsulation film capacity by Dec. 2024. This development highlights the rising investment in the solar industry which will boost the company market share in the coming years.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Impact of U.S. Tariffs

4. Executive Summary

5. Voice of Customers

• 5.1. Respondent Demographics
• 5.2. Factors Considered in Purchase Decisions
  • 5.2.1. Features and Other Value-Added Service
  • 5.2.2. Efficiency of Solutions
  • 5.2.3. After-Sales Support
• 5.3. Unmet Needs

6. India Solar Encapsulation Market Outlook, FY2019-FY2033F

• 6.1. Market Size Analysis & Forecast
  • 6.1.1. By Value
• 6.2. Market Share Analysis & Forecast
  • 6.2.1. By Type
    • 6.2.1.1. Ethylene-Vinyl Acetate (EVA)
    • 6.2.1.2. Polyolefin Elastomer (POE)
    • 6.2.1.3. Others
  • 6.2.2. By Panel Type
    • 6.2.2.1. Monocrystalline Solar Panels
    • 6.2.2.2. Polycrystalline Solar Panels
    • 6.2.2.3. Thin-Film Solar Panels
    • 6.2.2.4. Others
  • 6.2.3. By Application
    • 6.2.3.1. Rooftop Solar Systems
    • 6.2.3.2. Building-Integrated Photovoltaics (BIPV)
    • 6.2.3.3. Solar Farms
    • 6.2.3.4. Others
  • 6.2.4. By Region
    • 6.2.4.1. North
    • 6.2.4.2. South
    • 6.2.4.3. East
    • 6.2.4.4. West and Central
  • 6.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2025)
• 6.3. Market Map Analysis, FY2025
  • 6.3.1. By Type
  • 6.3.2. By Panel Type
  • 6.3.3. By Application
  • 6.3.4. By Region

All segments will be provided for all regions covered

7. Porter's Five Forces Analysis

8. PESTLE Analysis

9. Market Dynamics

• 9.1. Market Drivers
• 9.2. Market Challenges

10. Market Trends and Developments

11. Policies and Regulatory Landscape

12. Competitive Landscape

• 12.1. Competition Matrix of Top 5 Market Leaders
• 12.2. SWOT Analysis for Top 5 Players
• 12.3. Key Players Landscape for Top 10 Market Players
  • 12.3.1. RenewSys India Pvt. Ltd.
    • 12.3.1.1. Company Details
    • 12.3.1.2. Key Management Personnel
    • 12.3.1.3. Products and Services
    • 12.3.1.4. Financials (As Reported)
    • 12.3.1.5. Key Market Focus and Geographical Presence
    • 12.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 12.3.2. Navitas Green Solutions Pvt. Ltd.
  • 12.3.3. Vishakha Renewables Pvt. Ltd.
  • 12.3.4. Knack Energy Pvt. Ltd.
  • 12.3.5. Lucent CleanEnergy Pvt. Ltd.
  • 12.3.6. 3M India Limited
  • 12.3.7. Alishan Green Energy Pvt. Ltd.
  • 12.3.8. Enerlite Solar Films India Pvt. Ltd.
  • 12.3.9. Pixon Green Energy Pvt. Ltd.

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

13. Strategic Recommendations

14. About Us and Disclaimer

List of Tables

• Table 1. Competition Matrix of Top 5 Market Leaders
• Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 3. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Solar Encapsulation Market, By Value, In USD Million, FY2019-FY2033F
• Figure 2. India Solar Encapsulation Market Share (%), By Type, FY2019-FY2033F
• Figure 3. India Solar Encapsulation Market Share (%), By Panel Type, FY2019-FY2033F
• Figure 4. India Solar Encapsulation Market Share (%), By Application, FY2019-FY2033F
• Figure 5. India Solar Encapsulation Market Share (%), By Region, FY2019-FY2033F
• Figure 6. By Type Map-Market Size (USD Million) & Growth Rate (%), FY2025
• Figure 7. By Panel Type Map-Market Size (USD Million) & Growth Rate (%), FY2025
• Figure 8. By Application Map-Market Size (USD Million) & Growth Rate (%), FY2025
• Figure 9. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2025