Solar Encapsulation Market is Expected to Reach $7.2 Billion by 2028, Growing at a CAGR of 8.0%
New Revenue Pockets:
The global solar encapsulation market is projected to reach USD 7.2 billion by 2028 from an estimated USD 4.9 billion in 2023, at a CAGR of 8.0% during the forecast period. The growing use of electronic devices in emergency, off-grid, and automotive applications will benefit the solar encapsulation generator business. This report segments the solar encapsulation market based...
Solar Encapsulation Market Size to Grow $7.2 billion by 2028 at a CAGR of 8.0%
According to a research report “Solar Encapsulation Market by Material (EVA, PVB, PDMS, Ionomer, TPU, Polyolefin), Technology (Crystalline Silicon, Thin-film Solar), Application (Ground-mounted, Building-integrated Photovoltaic, Floating Photovoltaic) & Region – Global Forecast to 2028″ published by MarketsandMarkets, the solar encapsulation market is projected to reach USD 7.2...
Solar Encapsulation Market Driven by Demand for Solar PVs
Solar modules manufacturers are struggling to ensure enhance the characteristics of PV modules from harsh outdoor environments. Good quality solar encapsulants provide excellent durability and protection to the modules from delamination and corrosion. Rising demand for solar PVs is directly influencing the demand in the global solar encapsulation market as well. Access to on-demand resource provisioning...