The global solar encapsulation market has the potential to grow by USD 854.9 million during 2019-2023. The growth momentum will accelerate throughout the forecast period, and the market will grow at a CAGR of around 10%.

The declining cost of solar power generation and the rising adoption of polyolefin encapsulants are some of the major factors driving the market growth. China, India, and the US currently the major markets for solar encapsulation.
Solar Encapsulation Market Report - Key Insights

Solar-Encapsulation-Market-Overview
Scope of the Report

The report provides a detailed analysis of the market by application and geography. Also, the report analyzes the market’s competitive landscape and offers information on several market vendors.

Solar-Encapsulation-Market-Report-Scope

Snapshot
Table of contents
Methodology

The global solar encapsulation market has the potential to grow by USD 854.9 million during 2019-2023. The growth momentum will accelerate throughout the forecast period, and the market will grow at a CAGR of around 10%.

The declining cost of solar power generation and the rising adoption of polyolefin encapsulants are some of the major factors driving the market growth. China, India, and the US currently the major markets for solar encapsulation.
Solar Encapsulation Market Report - Key Insights

Solar-Encapsulation-Market-Overview
Scope of the Report

The report provides a detailed analysis of the market by application and geography. Also, the report analyzes the market’s competitive landscape and offers information on several market vendors.

Solar-Encapsulation-Market-Report-Scope

https://www.technavio.com/report/global-solar-encapsulation-market-industry-analysis?utm_source=off_page&utm_medium=web2.0&utm_campaign=2020-ch-W28
Market Competitive Analysis

The solar encapsulation market is fragmented, and the degree of fragmentation will remain the same during the forecast period. With the growing demand for renewable energy, vendors in the market are making significant investments to expand their production capacities. 3M Co., Arkema Group, and E. I. du Pont de Nemours and Co. are some of the major market participants. However, the availability of alternative energy sources will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The report provides information on the production, sustainability, and prospects of several companies, including:

3M Co.
Arkema Group
E. I. du Pont de Nemours and Co.
HANGZHOU FIRST APPLIED MATERIAL Co. Ltd.
STR Holdings Inc.