Press release
Global Encapsulant Materials for PV Modules Market Research Report 2023
The global Encapsulant Materials for PV Modules market was valued at US$ 2808.8 million in 2022 and is anticipated to reach US$ 6798.9 million by 2029, witnessing a CAGR of 13.3% during the forecast period 2023-2029.VIEW FULL REPORT
https://reports.valuates.com/market-reports/QYRE-Auto-12G9278/global-encapsulant-materials-for-pv-modules
Encapsulant Materials for PV Modules Market
An encapsulant is used to provide adhesion between the solar cells, the top surface and the rear surface of the PV module. The encapsulant should be stable at elevated temperatures and high UV exposure. It should also be optically transparent and should have a low thermal resistance. EVA (ethyl vinyl acetate) is the most commonly used encapsulant material. EVA comes in thin sheets which are inserted between the solar cells and the top surface and the rear surface. This sandwich is then heated to 150 °C to polymerize the EVA and bond the module together.
Encapsulant materials used in photovoltaic (PV) modules serve multiple purposes; it provides optical coupling of PV cells and protection against environmental stress. Polymers must perform these functions under prolonged periods of high temperature, humidity, and UV radiation. When PV panels were first developed in the 1960s and the 1970s, the dominant encapsulants were based on polydimethyl siloxane (PDMS). Ethylene-co-vinyl acetate (EVA) is currently the dominant encapsulant chosen for PV applications, not because it has the best combination of properties, but because it is an economical option with an established history of acceptable durability. Getting new products onto the market is challenging because there is no room for dramatic improvements, and one must balance the initial cost and performance with the unknowns of long-term service life. Recently, there has been renewed interest in using alternative encapsulant materials with some significant manufacturers switching from EVA to polyolefin elastomer-based (POE) alternatives.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of Encapsulant Materials for PV Modules include First, Sveck, HIUV, Bbetter, Hanwha and Mitsui Chemicals, etc. Top five players occupy for a share about 84%. China is the largest market, with a share about 81%, followed by North America and Japan. In terms of product, EVA Film is the largest segment, with a share over 73%. In terms of application, Monofacial Module is the largest market, with a share over 50%.
GET FREE SAMPLE
https://reports.valuates.com/request/sample/QYRE-Auto-12G9278/Global_Encapsulant_Materials_for_PV_Modules_Market_Insights_and_Forecast_to_2028
Segment by Type
EVA Film
POE Film
Other
Segment by Application
Monofacial Module
Bifacial Module
SIMILAR REPORT
https://reports.valuates.com/market-reports/QYRE-Auto-35Y13982/global-solar-cell-metal-paste
https://reports.valuates.com/market-reports/QYRE-Auto-6A11838/global-photovoltaic-metal-paste
https://reports.valuates.com/market-reports/QYRE-Auto-19H13518/global-poe-based-encapsulant-films
Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Encapsulant Materials for PV Modules Market Research Report 2023 here
News-ID: 3122268 • Views: …
More Releases from Valuates Reports
Product Traceability Solutions Market Revenue Share, Insights & Future Outlook
What Is Driving the Growth of the Global Product Traceability Solutions Market?
The global market for Product Traceability Solutions was valued at US$ xx million in 2024 and is projected to reach US$ xx million by 2031, growing at a CAGR of xx% during the forecast period. Product Traceability Solutions (PTS) enable forward, reverse, and non-directional tracking of products, covering the full cycle from raw material procurement to production, warehousing, sales,…
Lithium-ion Forklift Battery Market : Revenue Share, Insights & Future Outlook
What Is Driving the Growth of the Global Lithium-ion Forklift Battery Market?
The global market for Lithium-ion Forklift Battery was valued at US$ 446 million in 2024 and is projected to reach US$ 608 million by 2031, growing at a CAGR of 4.6% during the forecast period. Growth is driven by strong downstream demand from new energy vehicles and industrial applications. China's lithium-ion battery policies and standards, along with rapid adoption…
Electronic Packaging Ceramic Heat Sink Market : Revenue Share, Insights & Future …
What Is Driving the Growth of the Global Electronic Packaging Ceramic Heat Sink Market?
The global market for Electronic Packaging Ceramic Heat Sink was valued at US$ xx million in 2024 and is projected to reach a revised size of US$ xx million by 2031, growing at a CAGR of xx% during the forecast period. Factors such as increasing demand in semiconductor applications, advancements in thermal management technologies, and growing electronics…
Steam Vent Silencers Market: Revenue Share, Insights & Future Outlook
What is Driving Growth in the Global Steam Vent Silencers Market?
The global market for Steam Vent Silencers was valued at US$ 452 million in the year 2024 and is projected to reach a revised size of US$ 605 million by 2031, growing at a CAGR of 4.3% during the forecast period.
A Steam vent silencer is a device used to reduce unwanted noise created by gas or steam flow in a…
More Releases for EVA
Global EVA Copolymers And Films Market Size by Application, Type, and Geography: …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to Market Research Intellect, the global EVA Copolymers And Films market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The EVA copolymers and films market has experienced significant growth, primarily driven by their versatile applications across various industries, including packaging, automotive, and…
EVA on shoe outsoles, and effective solutions to improve the abrasion resistance …
What is EVA Material?
EVA is a lightweight, flexible, and durable material made by copolymerizing ethylene and vinyl acetate. The ratio of vinyl acetate to ethylene in the polymer chain can be adjusted to achieve different levels of flexibility and durability.
Applications of EVA in Shoe Sole Industry
The shoe sole industry has been one of the major beneficiaries of EVA's versatile properties. Here's how EVA is used in this industry:
1. Sole Material:…
Auraya Unveils EVA Forensics 4.1
Sydney, March 20, 2024 - Auraya, a leading voice intelligence organization, proudly announces the release of EVA Forensics 4.1, the newest iteration of its groundbreaking fraud detection and prevention solution.
As fraudsters employ ever-more sophisticated tactics like social engineering and Deepfake voice synthesizers, traditional security measures struggle to keep pace. EVA Forensics, which combines cutting-edge voice biometric algorithms and advanced Voice AI to detect and prevent fraudulent activities in real-time.
What's…
Global EVA Market Research Report 2023-2029
Global Leading Market Research Publisher QYResearch announces the release of its lastest report "Global EVA Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application". Based on historical analysis (2018-2022) and forecast calculations (2023-2029), this report provides a comprehensive analysis of the global EVA market, including market size, share, demand, industry development status, and forecasts for the next few years. Provides advanced statistics and information…
(2023 - 2029) EVA Foam Market Insights, Forecast | Key Players - EEPO, Chin Li P …
Market Description -
Los Angeles, (United States) - The information made available in the EVA Foam report will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. This will at last increase the return rate and drive the competitive edge within. Being a custom market report, it provides services tailored to the exact challenge. Whether it is survey work, in-depth interviewing,…
Auraya EVA Forensics press release Nationwide Building Society
EVA Forensics, Auraya's voice biometric system that detects fraud, has been implemented by Nationwide Building Society to protect its members, and reduce fraud.
Nationwide Building Society, the largest building society in the world with over 16 million members, has implemented Auraya's EVA Forensics voice biometric system, continuing its investment in new technologies to protect against fraud for its members.
Nationwide continues to invest in new technologies to ensure that it maintains pace…
