Solar Encapsulation Global Market Report 2026

Solar encapsulation is a crucial process used to safeguard solar panels and equipment from degradation. This protective step is integral to the solar cell manufacturing process, shielding solar panels and equipment from various external and environmental factors that could cause deterioration. Solar encapsulation serves to increase the lifespan of solar cells, mitigate stability issues, and provide protection against ultraviolet (UV) radiation, corrosion, temperature changes, and low mechanical stress.

The primary types of materials used for solar encapsulation include non-ethylene vinyl acetate, UV-curable resin, and other materials. Ethylene-vinyl acetate is a material known for its good radiation transmission and low degradability to sunlight, making it a commonly used encapsulating agent in solar modules. Solar modules involved in solar encapsulation can include polycrystalline silicon cells, cadmium telluride, amorphous silicon cells, and other types. These solar modules find applications in various industries, including automotive, electronics, and other diverse applications.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on imported solar encapsulation materials have impacted the market by increasing costs and causing delays, especially affecting EVA, UV curable resins, and silicone-based encapsulants in north america, europe, and asia-pacific regions. While the tariffs have raised procurement costs for importers, they have encouraged local production, promoted the use of advanced encapsulation materials, and accelerated innovation in high-durability and environmentally friendly solar encapsulation solutions.

The solar encapsulation market research report is one of a series of new reports from The Business Research Company that provides solar encapsulation market statistics, including solar encapsulation industry global market size, regional shares, competitors with a solar encapsulation market share, detailed solar encapsulation market segments, market trends and opportunities, and any further data you may need to thrive in the solar encapsulation industry. This solar encapsulation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The solar encapsulation market size has grown exponentially in recent years. It will grow from $5.19 billion in 2025 to $6.3 billion in 2026 at a compound annual growth rate (CAGR) of 21.5%. The growth in the historic period can be attributed to increasing adoption of polycrystalline silicon solar modules, growth in cadmium telluride solar module applications, rising use of amorphous silicon cells, expansion of uv-resistant encapsulants, advancements in encapsulation materials and technologies.

The solar encapsulation market size is expected to see exponential growth in the next few years. It will grow to $13.22 billion in 2030 at a compound annual growth rate (CAGR) of 20.3%. The growth in the forecast period can be attributed to rising demand for durable and long-lasting solar panels, increasing focus on efficiency of encapsulation materials, growth in automotive solar applications, expansion of electronics and consumer solar device usage, development of advanced resin and adhesive films for encapsulation. Major trends in the forecast period include advancements in ethylene vinyl acetate (eva) encapsulants, growth in uv curable resin usage, expansion of silicone-based and polyolefin-based encapsulants, rising adoption in automotive and electronics applications, development of thermoplastic polyurethane (tpu) and polyamide (pa) materials.

The increasing adoption of rooftop PV installations is expected to drive the growth of the solar encapsulation market in the coming years. A PV system is an electrical power setup designed to deliver usable solar energy through photovoltaics (PV) and includes components such as solar panels that absorb and convert sunlight into electricity. The growth of rooftop PV installations is fueled by the transition to renewable energy in response to environmental concerns and the depletion of conventional energy sources. As more rooftop PV systems are deployed, the demand for solar encapsulation rises to ensure the reliability and longevity of PV modules, thereby supporting market expansion. For example, in October 2025, the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, reported that power generation from solar PV grew by a record 320 TWh in 2023, representing a 25% increase compared with 2022. Consequently, the rising adoption of rooftop PV installations is driving the growth of the solar encapsulation market.

Key companies in the solar encapsulation market are creating innovative products, such as backsheets, to improve their offerings and secure a competitive edge. Backsheets serve as protective layers in photovoltaic solar panels, safeguarding the solar cells from environmental factors while providing electrical insulation. For example, in August 2023, Alishan Green Energy Pvt. Ltd., an India-based manufacturer of solar encapsulation film, introduced BackPro backsheets. These advanced components for solar modules feature proprietary coatings that enhance performance, UV resistance, and mechanical strength. The product line includes a diverse range of both fluoro and non-fluoro backsheets, aiming to transform the solar energy sector. Notably, they are the first Indian producer of coated backsheets, establishing themselves as a comprehensive source for encapsulant and backsheets needs in the industry.

In May 2023, First Solar, Inc. acquired Evolar AB for $38 million. This acquisition aims to accelerate the development of the next generation of photovoltaic technology, including highly efficient tandem devices. First Solar intends to leverage Evolar's expertise in solar technology, including encapsulation, to enhance its current research and development efforts and scale thin-film PV solutions for commercial applications. Evolar AB, a Sweden-based provider of solar technology, aligns with First Solar's strategic goals in advancing photovoltaic technology.

Major companies operating in the solar encapsulation market report are Minnesota Mining and Manufacturing Company, Akcome Science and Technology Co. Ltd., STR Holding Inc., Dow Inc., Du Pont De Nemours and Company, Trosifol India Pvt. Ltd., First Solar Inc., Celanese Corporation, Eastman Chemical Company, Momentive Performance Materials Inc., Hangzhou First PV Material Co. Ltd., Changzhou Sveck Technology Co. Ltd., Coveme SpA, Encapsulantes de Valor Agregado S. A. de C. V., Eva SA, Folienwerk Wolfen GmbH, Guangzhou Baiyun Chemical Industry Co. Ltd., Henkel AG & Co. KGaA, Hiuv New Materials Co. Ltd., Isovoltaic AG, Jolywood Sunwatt Co. Ltd., Krempel GmbH, Kuraray Co. Ltd., Mitsui Chemicals Inc., Nippon Sheet Glass Co. Ltd., Renolit SE, Saint-Gobain SA, Sekisui Chemical Co. Ltd., Solutia Inc., Taiflex Scientific Co. Ltd., Toppan Printing Co. Ltd., Toray Industries Inc., UBE Industries Ltd., Wacker Chemie AG, Zhejiang Reisun Solar Energy Co. Ltd., PVB Interlayer Products Inc.

Asia-Pacific was the largest region in the solar encapsulation market in 2025. The regions covered in the solar encapsulation market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the solar encapsulation market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The solar encapsulation market includes revenues earned by entities by protecting PV cells against weather, corrosive environment, UV radiation, and low energy impacts. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Solar Encapsulation Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses solar encapsulation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for solar encapsulation ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The solar encapsulation market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Material: Non-Ethylene Vinyl Acetate; Ultraviolet (UV) Curable Resin; Other Materials
• 2) By Solar Module: Polycrystalline Silicon Cells; Cadmium Telluride; Amorphous Silicon Cells; Other Solar Modules
• 3) By Application: Automotive; Electronics; Other Applications
• Subsegments:
• 1) By Non-Ethylene Vinyl Acetate: Polyolefin-Based Encapsulants; Silicone-Based Encapsulants
• 2) By Ultraviolet (UV) Curable Resin: Epoxy Resins; Polyurethane Resins
• 3) By Other Materials: Thermoplastic Polyurethane (TPU); Adhesive Films; Polyamide (PA)
• Companies Mentioned: Minnesota Mining and Manufacturing Company; Akcome Science and Technology Co. Ltd.; STR Holding Inc.; Dow Inc.; Du Pont De Nemours and Company; Trosifol India Pvt. Ltd.; First Solar Inc.; Celanese Corporation; Eastman Chemical Company; Momentive Performance Materials Inc.; Hangzhou First PV Material Co. Ltd.; Changzhou Sveck Technology Co. Ltd.; Coveme SpA; Encapsulantes de Valor Agregado S. A. de C. V.; Eva SA; Folienwerk Wolfen GmbH; Guangzhou Baiyun Chemical Industry Co. Ltd.; Henkel AG & Co. KGaA; Hiuv New Materials Co. Ltd.; Isovoltaic AG; Jolywood Sunwatt Co. Ltd.; Krempel GmbH; Kuraray Co. Ltd.; Mitsui Chemicals Inc.; Nippon Sheet Glass Co. Ltd.; Renolit SE; Saint-Gobain SA; Sekisui Chemical Co. Ltd.; Solutia Inc.; Taiflex Scientific Co. Ltd.; Toppan Printing Co. Ltd.; Toray Industries Inc.; UBE Industries Ltd.; Wacker Chemie AG; Zhejiang Reisun Solar Energy Co. Ltd.; PVB Interlayer Products Inc.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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