The Europe Solar Encapsulation Market would witness market growth of 7.9% CAGR during the forecast period (2022-2028).
Electrical isolation between internal circuitry and the outside world is the main goal of solar panel encapsulation. The fundamental purpose of encapsulation is to protect the PV module from UV rays, moisture infiltration, and system electrical insulation while also enhancing its endurance. The back sheet is frequently made of a polymer or a combination of polymers. Solar panel encapsulation is crucial in minimizing damage to PV modules, allowing for long-term durability and quality assurance.
A solar charge controller charges the battery while preventing it from being overcharged or over-discharged by regulating and managing the output from the solar PV array. The electrolyte in a battery produces fumes of hydrogen and oxygen when it is overcharged, which may cause an explosion and failure. If an excessive current discharge is permitted, the battery charge would be depleted. The battery's lifespan will be reduced as a result, and it will eventually stop working.
According to information provided by the European Commission, solar energy already contributes a significant amount to the European energy mix, accounting for 3.6% of the total electricity produced by the EU-28 in 2017. With decreasing production costs and greater efficiency in turning sunlight into electricity, solar power has the potential to become a significant source of renewable energy in this Asia Pacific region.
The Germany market dominated the Europe Solar Encapsulation Market by Country in 2021; thereby, achieving a market value of $275.3 million by 2028. The UK market is anticipated to grow at a CAGR of 7.1% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 8.7% during (2022 - 2028).
Based on Material, the market is segmented into Ethylene Vinyl Acetate, Non-ethylene Vinyl Acetate, UV Curable Resin, and Others. Based on Technology, the market is segmented into Polycrystalline Silicon Solar, Cadmium Telluride, Copper Indium Gallium Selenide, and Amorphous Silicon. Based on Application, the market is segmented into Construction, Electronics, Automotive, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Solar Encapsulation Market will Hit $4.4 Billion by 2028, at a CAGR of 8.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Dupont De Nemours, Inc., First Solar, Inc., Dai Nippon Printing Co., Ltd. (dnpSolar), Dow, Inc., Hangzhou First PV Material Co. Ltd., Kuraray Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Material
- Ethylene Vinyl Acetate
- Non-ethylene Vinyl Acetate
- UV Curable Resin
- Others
By Technology
- Polycrystalline Silicon Solar
- Cadmium Telluride
- Copper Indium Gallium Selenide
- Amorphous Silicon
By Application
- Construction
- Electronics
- Automotive
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- 3M Company
- Dupont De Nemours, Inc.
- First Solar, Inc.
- Dai Nippon Printing Co., Ltd. (dnpSolar)
- Dow, Inc.
- Hangzhou First PV Material Co. Ltd.
- Kuraray Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Solar Encapsulation Market, by Material
1.4.2 Europe Solar Encapsulation Market, by Technology
1.4.3 Europe Solar Encapsulation Market, by Application
1.4.4 Europe Solar Encapsulation Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Solar Encapsulation Market by Material
3.1 Europe Ethylene Vinyl Acetate Market by Country
3.2 Europe Non-ethylene Vinyl Acetate Market by Country
3.3 Europe UV Curable Resin Market by Country
3.4 Europe Others Market by Country
Chapter 4. Europe Solar Encapsulation Market by Technology
4.1 Europe Polycrystalline Silicon Solar Market by Country
4.2 Europe Cadmium Telluride Market by Country
4.3 Europe Copper Indium Gallium Selenide Market by Country
4.4 Europe Amorphous Silicon Market by Country
Chapter 5. Europe Solar Encapsulation Market by Application
5.1 Europe Construction Market by Country
5.2 Europe Electronics Market by Country
5.3 Europe Automotive Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Solar Encapsulation Market by Country
6.1 Germany Solar Encapsulation Market
6.1.1 Germany Solar Encapsulation Market by Material
6.1.2 Germany Solar Encapsulation Market by Technology
6.1.3 Germany Solar Encapsulation Market by Application
6.2 UK Solar Encapsulation Market
6.2.1 UK Solar Encapsulation Market by Material
6.2.2 UK Solar Encapsulation Market by Technology
6.2.3 UK Solar Encapsulation Market by Application
6.3 France Solar Encapsulation Market
6.3.1 France Solar Encapsulation Market by Material
6.3.2 France Solar Encapsulation Market by Technology
6.3.3 France Solar Encapsulation Market by Application
6.4 Russia Solar Encapsulation Market
6.4.1 Russia Solar Encapsulation Market by Material
6.4.2 Russia Solar Encapsulation Market by Technology
6.4.3 Russia Solar Encapsulation Market by Application
6.5 Spain Solar Encapsulation Market
6.5.1 Spain Solar Encapsulation Market by Material
6.5.2 Spain Solar Encapsulation Market by Technology
6.5.3 Spain Solar Encapsulation Market by Application
6.6 Italy Solar Encapsulation Market
6.6.1 Italy Solar Encapsulation Market by Material
6.6.2 Italy Solar Encapsulation Market by Technology
6.6.3 Italy Solar Encapsulation Market by Application
6.7 Rest of Europe Solar Encapsulation Market
6.7.1 Rest of Europe Solar Encapsulation Market by Material
6.7.2 Rest of Europe Solar Encapsulation Market by Technology
6.7.3 Rest of Europe Solar Encapsulation Market by Application
Chapter 7. Company Profiles
7.1 3M Company
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 DuPont de Nemours, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 First Solar, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.4 Dai Nippon Printing Co., Ltd. (dnpSolar)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.5 Dow, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.6 Hangzhou First Applied Material Co., Ltd.
7.6.1 Company Overview
7.7 Kuraray Co., Ltd.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
TABLE 1 Europe Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 2 Europe Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 3 Europe Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 4 Europe Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 5 Europe Ethylene Vinyl Acetate Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Ethylene Vinyl Acetate Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Non-ethylene Vinyl Acetate Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Non-ethylene Vinyl Acetate Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe UV Curable Resin Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe UV Curable Resin Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 14 Europe Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 15 Europe Polycrystalline Silicon Solar Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Polycrystalline Silicon Solar Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Cadmium Telluride Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Cadmium Telluride Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Copper Indium Gallium Selenide Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Copper Indium Gallium Selenide Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Amorphous Silicon Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Amorphous Silicon Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 24 Europe Solar Encapsulation Market by Application, 2022 - 2028, USD Million
TABLE 25 Europe Construction Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Construction Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Electronics Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Electronics Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Automotive Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Automotive Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Solar Encapsulation Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Solar Encapsulation Market by Country, 2022 - 2028, USD Million
TABLE 35 Germany Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 36 Germany Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 37 Germany Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 38 Germany Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 39 Germany Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 40 Germany Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 41 Germany Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 42 Germany Solar Encapsulation Market by Application, 2022 - 2028, USD Million
TABLE 43 UK Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 44 UK Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 45 UK Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 46 UK Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 47 UK Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 48 UK Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 49 UK Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 50 UK Solar Encapsulation Market by Application, 2022 - 2028, USD Million
TABLE 51 France Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 52 France Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 53 France Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 54 France Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 55 France Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 56 France Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 57 France Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 58 France Solar Encapsulation Market by Application, 2022 - 2028, USD Million
TABLE 59 Russia Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 60 Russia Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 61 Russia Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 62 Russia Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 63 Russia Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 64 Russia Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 65 Russia Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 66 Russia Solar Encapsulation Market by Application, 2022 - 2028, USD Million
TABLE 67 Spain Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 68 Spain Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 69 Spain Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 70 Spain Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 71 Spain Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 72 Spain Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 73 Spain Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 74 Spain Solar Encapsulation Market by Application, 2022 - 2028, USD Million
TABLE 75 Italy Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 76 Italy Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 77 Italy Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 78 Italy Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 79 Italy Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 80 Italy Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 81 Italy Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 82 Italy Solar Encapsulation Market by Application, 2022 - 2028, USD Million
TABLE 83 Rest of Europe Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 84 Rest of Europe Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 85 Rest of Europe Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 86 Rest of Europe Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 87 Rest of Europe Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 88 Rest of Europe Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 89 Rest of Europe Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 90 Rest of Europe Solar Encapsulation Market by Application, 2022 - 2028, USD Million
TABLE 91 Key Information – 3M Company
TABLE 92 Key Information –DuPont de Nemours, Inc.
TABLE 93 Key Information – First Solar, Inc.
TABLE 94 Key Information – Dai Nippon Printing Co., Ltd.
TABLE 95 Key Information – Dow, Inc.
TABLE 96 Key Information – Hangzhou First Applied Material CO., LTD.
TABLE 97 Key Information – Kuraray Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: 3M Company