Solar Encapsulation Market is segmented By Material (Ethylene-vinyl Acetate (EVA), Thermoplastic Polyurethane (TPU), Ionomers, Polydimethylsiloxane, P....
Market Size in USD
CAGR8.15%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 8.15% |
Market Concentration | High |
Major Players | Arkema S.A., Specialized Technology Resources, RenewSys, Solutia Inc., Mitsui Chemicals Tohcello, Inc. |
The solar encapsulation market is estimated to be valued at USD 5.44 Bn in 2024 and is expected to reach USD 9.41 Bn by 2031, growing at a compound annual growth rate (CAGR) of 8.15% from 2024 to 2031. The solar encapsulation market is witnessing positive trends due to the increasing demand for renewable energy sources across the globe.