Global Photovoltaic Adhesive Film Market Growth 2024-2030

Global Photovoltaic Adhesive Film Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Photovoltaic Adhesive Film market size was valued at US$ 4114.5 million in 2023. With growing demand in downstream market, the Photovoltaic Adhesive Film is forecast to a readjusted size of US$ 8103.2 million by 2030 with a CAGR of 10.2% during review period.

The research report highlights the growth potential of the global Photovoltaic Adhesive Film market. Photovoltaic Adhesive Film are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Photovoltaic Adhesive Film. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Photovoltaic Adhesive Film market.

PV film is a key material for PV module encapsulation, which plays an encapsulating and protective role for PV modules and is directly related to the service life of PV modules. At present, our products are mainly EVA and POE (polyolefin elastomer) film, including transparent EVA film, white EVA film, POE film and co-extruded POE film.

The main statistics of photovoltaic films in this article are EVA film and POE film. Both are thin film materials used for packaging photovoltaic modules. They mainly play a buffering and protective role for photovoltaic cells. In terms of EVA film, it can be divided into white film and transparent film. The white film is used on the back of the module and can meet the requirements of glass (single glass/double glass) modules and thin film modules. As for POE film, it is mainly used for PERC double glass. Compared with EVA film, the cost of POE is relatively high.

The global photovoltaic industry has high development potential, and it is expected that the demand for photovoltaic industry chain products will remain high in the next few years. According to the data of the company's "Photovoltaic Research Center", by the end of 2022, the cumulative installed capacity of photovoltaic power generation in the world will reach 1180GW. According to data from the China Photovoltaic Industry Association, the global new photovoltaic installed capacity in 2022 will be approximately 230GW, and the global new photovoltaic installed capacity in 2023 is forecast to be 280-330GW. According to data from the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry will exceed 1.4 trillion yuan in 2022.

The top 5 global photovoltaic adhesive film companies are mainly distributed in the United States, Japan and China. Among them, Chinese companies Hangzhou First, Suzhou Cybrid, Changzhou Sveck and Shanghai Hiuv occupy the top four shares in the world in the field of POE films, with a market share of more than 70%.

Key Features:

The report on Photovoltaic Adhesive Film market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Photovoltaic Adhesive Film market. It may include historical data, market segmentation by Type (e.g., Transparent EVA Film, White EVA Film), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Photovoltaic Adhesive Film market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Photovoltaic Adhesive Film market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Photovoltaic Adhesive Film industry. This include advancements in Photovoltaic Adhesive Film technology, Photovoltaic Adhesive Film new entrants, Photovoltaic Adhesive Film new investment, and other innovations that are shaping the future of Photovoltaic Adhesive Film.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Photovoltaic Adhesive Film market. It includes factors influencing customer ' purchasing decisions, preferences for Photovoltaic Adhesive Film product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Photovoltaic Adhesive Film market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Photovoltaic Adhesive Film market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Photovoltaic Adhesive Film market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Photovoltaic Adhesive Film industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Photovoltaic Adhesive Film market.

Market Segmentation:

Photovoltaic Adhesive Film market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Transparent EVA Film
White EVA Film
POE Film

Segmentation by application
Glass Modules
Thin Film Modules

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
STR Holdings
Mitsui Chemicals
Bridgestone Corporation
Sekisui Chemical
Folienwerk Wolfen GmbHen GmbH
SWM
Hangzhou First
Suzhou Cybrid
Changzhou Sveck
Shanghai Hiuv
Mitsui Chemicals
Hanwha
Sinopont
3M
Crown
Weike
Vishakha
Lushan
H.B. Fuller
RenewSys
Yisheng
Zhejiang Feiyu New Energy
Ningbo Exciton Technology
Changzhou Bbetter Film Technologies
KENGO Industrial

Key Questions Addressed in this Report

What is the 10-year outlook for the global Photovoltaic Adhesive Film market?

What factors are driving Photovoltaic Adhesive Film market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Photovoltaic Adhesive Film market opportunities vary by end market size?

How does Photovoltaic Adhesive Film break out type, application?

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