Solar Encapsulation Market

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Solar encapsulation market
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• Growing demand of solar PVs and other
  applications with increasing investment in
  modernization of infrastructure will drive the
  global solar encapsulation market to 1,357.2
  million by 2018, with a CAGR of 10.2 from 2013
  to 2018. Asia, with its thriving economies and
  rapidly expanding manufacturing bases, is
  expected to experience highest revenue growth
  during the next five years.
• The factors driving growth in the solar
  encapsulation market are global electricity
  demand which is expected to double by 2030, 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.

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• Solar encapsulation manufacturers mainly focus on
  RD in order to develop new and improved
  encapsulants for upcoming PV technologies, which
  offer more distinguished and revolutionary
  features such as efficiency, resistance against
  heat moisture, flexibility, etc. Expansion and
  mergers acquisitions into new and emerging
  markets such as Asia, Europe, and North America
  has been and will be the key for success for
  solar encapsulant manufacturers to increase their
  overall sales and revenue.
• Solar encapsulant is extensively used in
  construction, automotive, and electronics
  applications. Favorable demand in Asia and
  growing applications of solar encapsulants are
  expected to be the major demand drivers for
  global market making the products irreplaceable,
  especially in the solar modules.

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• The solar encapsulation materials segment
  included in this report is based on key
  materials, i.e. Ethylene Vinyl Acetate (EVA),
  Polyvinyl Butyral (PVB), Polydimethylsiloxane
  (PDMS), Ionomer, Thermoplastic Polyurethane
  (TPU), and Polyolefin. The technologies covered
  in this report are Single-crystal/polycrystalline
  silicon solar technology, Thin-film solar
  technology (Cadmium-telluride (CdTe),
  Copper-indium-gallium-selenide (CIGS), and
  Amorphous Silicon (a-Si)).
• The solar encapsulation materials segment
  included in this report is based on key
  materials, i.e. Ethylene Vinyl Acetate (EVA),
  Polyvinyl Butyral (PVB), Polydimethylsiloxane
  (PDMS), Ionomer, Thermoplastic Polyurethane
  (TPU), and Polyolefin. The technologies covered
  in this report are Single-crystal/polycrystalline
  silicon solar technology, Thin-film solar
  technology (Cadmium-telluride (CdTe),
  Copper-indium-gallium-selenide (CIGS), and
  Amorphous Silicon (a-Si)).

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• For this report, the major players in the market
  are identified through secondary and primary
  research. Based on that, their market shares are
  evaluated. This includes study of the annual
  reports of top market players and interviews with
  key opinion leaders such as CEOs, Directors, and
  marketing people.
• The size of overall market is determined by
  forecasting techniques based on solar
  encapsulation materials demand in different
  applications and regions, which is validated
  through primary sources. The volume market for
  solar encapsulation materials is determined and
  the value is reflected by the average price of
  encapsulating materials, which is evaluated using
  primary and secondary research. The market data
  is available from 2011 to 2018 with CAGR from
  2013 to 2018.
• This report analyzes various marketing trends and
  establishes the most effective growth strategy.
  It identifies market dynamics such as drivers,
  opportunities, burning issues, and winning
  imperatives. Major companies such as STR Holdings
  Inc. (U.S.), Hangzhou First PV Material Co. Ltd.
  (China), Solutia (U.S.), Bridgestone (Japan), Dow
  Corning (U.S.), DuPont (U.S.), etc. have also
  been profiled in this report.

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• Global solar encapsulation market 1.3 billion
  market by 2018 signifying firm annualized growth
  rate of 10.2 from 2013 to 2018.
• The global market for solar encapsulation is wide
  with significant growth lined up for large scale
  development. This market totally depends on PV as
  encapsulation is an integral part of PV module
  manufacturing. Thus, any fluctuations in PVs or
  solar applications market is completely
  reflected on solar encapsulation market.
• Favorable demand in Asia and growing applications
  of solar encapsulants are expected to be the
  major demand drivers for global market, making
  the products irreplaceable especially in the
  solar modules.

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• The companies involved in solar encapsulation
  business are thus expanding into emerging markets
  like Asia. Technological advancement and
  innovative new products are the key strategies
  that are helping the companies to maximize their
  revenues.
• Within the applications segment, construction
  industry is the major area for solar
  encapsulation market. It is expected to maintain
  a dominating position over the next few years.
  The market is also studied based on different
  types of materials which include Ethylene Vinyl
  Acetate (EVA), Polyvinyl Butyral (PVB),
  Polydimethylsiloxane (PDMS), Ionomer,
  Thermoplastic Polyurethane (TPU), and Polyolefin.
• Geographically, the market is studied for
  different regions such as North America, Asia,
  and Europe. The value and volume market for solar
  encapsulation (by demand) is analyzed in detail
  for all the micro and macro markets. The study
  covers different growth strategies such as
  products launch, expansions, and agreements
  followed by key manufacturers over a period of
  time.

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