Encapsulant Materials for PV Modules Market Size, Share, and Trends 2025 to 2034

Encapsulant Materials for PV Modules Market (By Material Type: Ethylene-Vinyl Acetate, Polyolefin Elastomer, Polyvinyl Butyral, Silicone, Thermoplastic Polyurethane, Ionomer, Other Specialty Polymers and Blends; By Product Form: Films/Sheetsm Liquid Encapsulantsm Coatings/Sprays; By Curing/Processing Method: Peroxide cross-linked, Thermoplastic, UV-curable systems, Addition-cure Silicones; By Application: Crystalline Silicon, Bifacial Modules, Thin-Film Modules, Perovskite and Tandem Modules, Building-Integrated PV, Flexible; By End-use Deployment: Residential Rooftop, Commercial and Industrial Rooftop, Utility-scale Ground Mount, Off-grid and Specialty Applications;) - Global Industry Analysis, Size, Trends, Leading Companies, Regional Outlook, and Forecast 2025 to 2034

Last Updated : 23 Sep 2025  |  Report Code : 6835  |  Category : Chemical and Material   |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology  

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Encapsulant Materials for PV Modules Market 

5.1. COVID-19 Landscape: Encapsulant Materials for PV Modules Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Encapsulant Materials for PV Modules Market, By Material Type

8.1. Encapsulant Materials for PV Modules Market Revenue and Volume, by Material Type

8.1.1. Ethylene-Vinyl Acetate (EVA)

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Polyolefin Elastomer (POE)

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Polyvinyl Butyral (PVB)

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. Silicone

8.1.4.1. Market Revenue and Volume Forecast

8.1.5. Thermoplastic Polyurethane (TPU)

8.1.5.1. Market Revenue and Volume Forecast

8.1.6. Ionomer

8.1.6.1. Market Revenue and Volume Forecast

8.1.7. Other Specialty Polymers and Blends

8.1.7.1. Market Revenue and Volume Forecast

Chapter 9. Global Encapsulant Materials for PV Modules Market, By Product Form

9.1. Encapsulant Materials for PV Modules Market Revenue and Volume, by Product Form

9.1.1. Films/Sheets

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Liquid Encapsulants

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Coatings/Sprays

9.1.3.1. Market Revenue and Volume Forecast

Chapter 10. Global Encapsulant Materials for PV Modules Market, By Curing/Processing Method 

10.1. Encapsulant Materials for PV Modules Market Revenue and Volume, by Curing/Processing Method

10.1.1. Peroxide cross-linked

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Thermoplastic (non-crosslinked)

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. UV-curable systems

10.1.3.1. Market Revenue and Volume Forecast

10.1.4. Addition-cure Silicones

10.1.4.1. Market Revenue and Volume Forecast

Chapter 11. Global Encapsulant Materials for PV Modules Market, By Application

11.1. Encapsulant Materials for PV Modules Market Revenue and Volume, by Application

11.1.1. Crystalline Silicon

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Bifacial Modules

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Thin-Film Modules

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Perovskite and Tandem Modules

11.1.4.1. Market Revenue and Volume Forecast

11.1.5. Building-Integrated PV (BIPV)

11.1.5.1. Market Revenue and Volume Forecast

11.1.6. Flexible/Portable PV Modules

11.1.6.1. Market Revenue and Volume Forecast

Chapter 12. Global Encapsulant Materials for PV Modules Market, By End-use Deployment

12.1. Encapsulant Materials for PV Modules Market Revenue and Volume, by End-use Deployment

12.1.1. Residential Rooftop

12.1.1.1. Market Revenue and Volume Forecast

12.1.2. Commercial and Industrial Rooftop

12.1.2.1. Market Revenue and Volume Forecast

12.1.3. Utility-scale Ground Mount

12.1.3.1. Market Revenue and Volume Forecast

12.1.4. Off-grid and Specialty Applications

12.1.4.1. Market Revenue and Volume Forecast

Chapter 13. Global Encapsulant Materials for PV Modules Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Volume Forecast, by Material Type

13.1.2. Market Revenue and Volume Forecast, by Product Form

13.1.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.1.4. Market Revenue and Volume Forecast, by Application

13.1.5. Market Revenue and Volume Forecast, by End-use Deployment

13.1.6. U.S.

13.1.6.1. Market Revenue and Volume Forecast, by Material Type

13.1.6.2. Market Revenue and Volume Forecast, by Product Form

13.1.6.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.1.6.4. Market Revenue and Volume Forecast, by Application

13.1.6.5. Market Revenue and Volume Forecast, by End-use Deployment  

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Volume Forecast, by Material Type

13.1.7.2. Market Revenue and Volume Forecast, by Product Form

13.1.7.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.1.7.4. Market Revenue and Volume Forecast, by Application

13.1.7.5. Market Revenue and Volume Forecast, by End-use Deployment

13.2. Europe

13.2.1. Market Revenue and Volume Forecast, by Material Type

13.2.2. Market Revenue and Volume Forecast, by Product Form

13.2.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.2.4. Market Revenue and Volume Forecast, by Application  

13.2.5. Market Revenue and Volume Forecast, by End-use Deployment  

13.2.6. UK

13.2.6.1. Market Revenue and Volume Forecast, by Material Type

13.2.6.2. Market Revenue and Volume Forecast, by Product Form

13.2.6.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.2.7. Market Revenue and Volume Forecast, by Application  

13.2.8. Market Revenue and Volume Forecast, by End-use Deployment  

13.2.9. Germany

13.2.9.1. Market Revenue and Volume Forecast, by Material Type

13.2.9.2. Market Revenue and Volume Forecast, by Product Form

13.2.9.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.2.10. Market Revenue and Volume Forecast, by Application

13.2.11. Market Revenue and Volume Forecast, by End-use Deployment

13.2.12. France

13.2.12.1. Market Revenue and Volume Forecast, by Material Type

13.2.12.2. Market Revenue and Volume Forecast, by Product Form

13.2.12.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.2.12.4. Market Revenue and Volume Forecast, by Application

13.2.13. Market Revenue and Volume Forecast, by End-use Deployment

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Volume Forecast, by Material Type

13.2.14.2. Market Revenue and Volume Forecast, by Product Form

13.2.14.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.2.14.4. Market Revenue and Volume Forecast, by Application

13.2.15. Market Revenue and Volume Forecast, by End-use Deployment

13.3. APAC

13.3.1. Market Revenue and Volume Forecast, by Material Type

13.3.2. Market Revenue and Volume Forecast, by Product Form

13.3.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.3.4. Market Revenue and Volume Forecast, by Application

13.3.5. Market Revenue and Volume Forecast, by End-use Deployment

13.3.6. India

13.3.6.1. Market Revenue and Volume Forecast, by Material Type

13.3.6.2. Market Revenue and Volume Forecast, by Product Form

13.3.6.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.3.6.4. Market Revenue and Volume Forecast, by Application

13.3.7. Market Revenue and Volume Forecast, by End-use Deployment

13.3.8. China

13.3.8.1. Market Revenue and Volume Forecast, by Material Type

13.3.8.2. Market Revenue and Volume Forecast, by Product Form

13.3.8.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.3.8.4. Market Revenue and Volume Forecast, by Application

13.3.9. Market Revenue and Volume Forecast, by End-use Deployment

13.3.10. Japan

13.3.10.1. Market Revenue and Volume Forecast, by Material Type

13.3.10.2. Market Revenue and Volume Forecast, by Product Form

13.3.10.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.3.10.4. Market Revenue and Volume Forecast, by Application

13.3.10.5. Market Revenue and Volume Forecast, by End-use Deployment

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Volume Forecast, by Material Type

13.3.11.2. Market Revenue and Volume Forecast, by Product Form

13.3.11.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.3.11.4. Market Revenue and Volume Forecast, by Application

13.3.11.5. Market Revenue and Volume Forecast, by End-use Deployment

13.4. MEA

13.4.1. Market Revenue and Volume Forecast, by Material Type

13.4.2. Market Revenue and Volume Forecast, by Product Form

13.4.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.4.4. Market Revenue and Volume Forecast, by Application

13.4.5. Market Revenue and Volume Forecast, by End-use Deployment

13.4.6. GCC

13.4.6.1. Market Revenue and Volume Forecast, by Material Type

13.4.6.2. Market Revenue and Volume Forecast, by Product Form

13.4.6.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.4.6.4. Market Revenue and Volume Forecast, by Application

13.4.7. Market Revenue and Volume Forecast, by End-use Deployment

13.4.8. North Africa

13.4.8.1. Market Revenue and Volume Forecast, by Material Type

13.4.8.2. Market Revenue and Volume Forecast, by Product Form

13.4.8.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.4.8.4. Market Revenue and Volume Forecast, by Application

13.4.9. Market Revenue and Volume Forecast, by End-use Deployment

13.4.10. South Africa

13.4.10.1. Market Revenue and Volume Forecast, by Material Type

13.4.10.2. Market Revenue and Volume Forecast, by Product Form

13.4.10.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.4.10.4. Market Revenue and Volume Forecast, by Application

13.4.10.5. Market Revenue and Volume Forecast, by End-use Deployment

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Volume Forecast, by Material Type

13.4.11.2. Market Revenue and Volume Forecast, by Product Form

13.4.11.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.4.11.4. Market Revenue and Volume Forecast, by Application

13.4.11.5. Market Revenue and Volume Forecast, by End-use Deployment

13.5. Latin America

13.5.1. Market Revenue and Volume Forecast, by Material Type

13.5.2. Market Revenue and Volume Forecast, by Product Form

13.5.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.5.4. Market Revenue and Volume Forecast, by Application

13.5.5. Market Revenue and Volume Forecast, by End-use Deployment

13.5.6. Brazil

13.5.6.1. Market Revenue and Volume Forecast, by Material Type

13.5.6.2. Market Revenue and Volume Forecast, by Product Form

13.5.6.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.5.6.4. Market Revenue and Volume Forecast, by Application

13.5.7. Market Revenue and Volume Forecast, by End-use Deployment

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Volume Forecast, by Material Type

13.5.8.2. Market Revenue and Volume Forecast, by Product Form

13.5.8.3. Market Revenue and Volume Forecast, by Curing/Processing Method

13.5.8.4. Market Revenue and Volume Forecast, by Application

13.5.8.5. Market Revenue and Volume Forecast, by End-use Deployment

Chapter 14. Company Profiles

14.1. SABIC

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Evonik

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Dow

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. 3M

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Asahi Kasei

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Teijin Limited

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Toray Industries

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Huntsman

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Henkel

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. DuPont

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

The encapsulant materials for PV modules market size is expected to increase from USD 2.18 billion in 2024 to USD 3.93 billion by 2034.

The encapsulant materials for PV modules market is expected to grow at a compound annual growth rate (CAGR) of around 6.07% from 2025 to 2034.

The major players in the encapsulant materials for PV modules market include SABIC, Evonik, Dow, 3M, Asahi Kasei, Teijin Limited, Toray Industries, Huntsman, Henkel, DuPont, Eastman Chemical, Covestro, Wacker Chemie, Mitsubishi Chemical, and Sumitomo Chemical.

The driving factors of the encapsulant materials for PV modules market are the increasing demand for high-performance and bifacial PV modules and accelerate market expansion.

Asia Pacific region will lead the global encapsulant materials for PV modules market during the forecast period 2025 to 2034.

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