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Solar EVA Market Size, Share, Trends, Growth Outlook

Solar EVA Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Type (Regular EVA, Anti-PID EVA), Application (Silicon Solar Cells Module, Thin Film Module, Others), End Use (Commercial, Residential, Industrial), and Companies Report

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  • |Published Month : November, 2024
  • |No. of Pages : 189

The Global Solar EVA Market Size is estimated to register 10.9% growth over the forecast period from 2024 to 2030.

 

The market growth is driven by an increasing focus on developing Solar EVA materials that facilitate recycling and reuse, aligning with the principles of a circular economy and reducing the environmental impact of solar panel disposal. Leading Companies focusing on Flexible Solar EVA Applications, Energy Storage Compatibility, Bifacial Module Optimization, and others to boost market shares in the industry.

 

Solar EVA Market Overview

The Solar EVA (Ethylene Vinyl Acetate) market is witnessing significant growth driven by the increasing demand for solar energy solutions. Solar EVA serves as a crucial encapsulant in photovoltaic modules, enhancing their durability and performance. With a focus on sustainability, there is a notable trend toward the development of eco-friendly manufacturing practices and materials for Solar EVA. Prospects include the exploration of flexible applications, compatibility with energy storage systems, and optimization for bifacial modules. As the solar industry continues to expand, the Solar EVA market is positioned for further advancements and integration into innovative solar technologies.

 

Solar EVA Market Dynamics

Market Trends- Solar is poised for a breakthrough with revolutionary new EVA materials that shatter performance limitations.

A revolution in solar technology is on the brink, propelled by groundbreaking advancements in Ethylene Vinyl Acetate (EVA) materials. These state-of-the-art materials are ready to redefine the limitations of solar panels, offering enhancements in durability, efficiency, and reliability. The newly formulated EVAs are positioned to significantly elevate the overall performance of photovoltaic modules. Beyond promising increased energy output, they tackle longstanding challenges in the solar industry. The creation of EVA materials capable of enduring harsh environmental conditions while maintaining peak performance marks a pivotal shift. With the solar industry embracing these innovative materials, a new era in solar energy is imminent, pledging advancements in sustainability and efficiency in tapping into the sun's power.

 

Market Driver- The demand for performance optimization solutions is driving growth in the Solar EVA market.

The growing demand for solutions that optimize performance stands out as a crucial factor propelling the expansion of the Solar EVA market. As the solar energy sector advances, there is an increased focus on maximizing the efficiency and productivity of photovoltaic modules. This trend has catalyzed innovations in advanced technologies and methodologies specifically designed to enhance the performance of Solar EVA. Leading solutions, including anti-reflective coatings, surface treatments, and encapsulation techniques, are at the forefront, contributing to the overall functionality and durability of solar panels. The quest for elevated energy yields, enhanced durability, and resilience against environmental factors underscores the pivotal role of performance optimization in shaping the trajectory of the Solar EVA market. This dynamic landscape is anticipated to drive continued research and development efforts, fostering a competitive market that prioritizes delivering state-of-the-art solutions to meet the evolving needs of the solar energy industry.

 

Market Opportunity- The Solar EVA market is transforming, embracing eco-friendly practices throughout the manufacturing process.

The Solar EVA market is undergoing a noticeable transformation marked by an increasing embrace of environmentally friendly practices throughout its manufacturing process. Manufacturers are proactively exploring and incorporating sustainable approaches to mitigate the environmental impact associated with solar module production. This shift involves the integration of greener materials, including bio-based or recycled components, into the formulation of Solar EVA encapsulants. Moreover, there is a concerted industry focus on adopting energy-efficient manufacturing processes and minimizing waste generation. This eco-conscious direction aligns with the global commitment to sustainability, positioning Solar EVA as a significant player in the renewable energy landscape. As the market evolves, the dedication to environmentally friendly practices is poised to influence decisions made by both manufacturers and consumers, thereby shaping the future trajectory of the Solar EVA industry.

 

Market Share Analysis- Anti-PID EVA Solar EVA Market will register the fastest growth

The Global Solar EVA Market is analyzed across Regular EVA, Anti-PID EVA, and others. Anti-PID EVA is poised to register the fastest growth. The Anti-PID Solar EVA market is emerging as a crucial solution to counteract Potential-Induced Degradation in photovoltaic modules. Designed to prevent voltage-related degradation, these specialized encapsulants enhance the durability and reliability of solar panels, ensuring optimal efficiency even in challenging environmental conditions. As the demand for high-performance and long-lasting solar solutions rises, the Anti-PID Solar EVA Market becomes instrumental in addressing the solar industry's need for advanced encapsulation technologies.

 

Market Share Analysis- Silicon Solar Cells Module held a significant market share in 2024

The Global Solar EVA Market is analyzed across various applications including Silicon Solar Cells Module, Thin Film Module, and others. Of these, the Silicon Solar Cells Module held a significant market share in 2024. The Silicon Solar Cells Module Solar EVA Market focuses on encapsulation technology, utilizing Ethylene Vinyl Acetate (EVA) for silicon-based solar cells. This sector is crucial for enhancing the durability and performance of silicon solar modules. Trends include EVA formulation advancements, material integration, and a shift toward eco-friendly manufacturing practices. As solar energy demand rises, the market is expected to evolve, addressing efficiency improvements and sustainability in the growing solar energy landscape.

 

Solar EVA Market Segmentation

By Type

  • Regular EVA
  • Anti-PID EVA

 

By Application

  • Silicon Solar Cells Module
  • Thin Film Module
  • Others

 

By End Use

  • Commercial
  • Residential
  • Industrial

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Solar EVA Market Companies

  • STR Holdings  Inc (United States)
  • Mitsui Chemicals (Japan)
  • The Dow Chemical Company (United States)
  • ExxonMobil Corporation (United States)
  • LyondellBasell Industries NV (Netherlands)
  • DuPont. (United States)
  • Bridgestone Corporation (Japan)
  • SKC (South Korea)
  • Hanwha Chemical (South Korea)
  • TPI Polene (Thailand)

 

*List not exhaustive

Solar EVA Market Outlook 2024

1 Market Overview

1.1 Introduction to the Solar EVA Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2024 Solar EVA Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Solar EVA Market Companies with Area Served

4.2.2 Products Offerings Global Solar EVA Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Solar EVA Market Trends

6.1 Global Solar EVA Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Solar EVA Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Solar EVA Revenue (USD Million) and CAGR (%) by Regions (2018-2030)

 

7 Global Solar EVA Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Solar EVA Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Solar EVA Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Solar EVA Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Solar EVA Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Solar EVA Development Regional Status and Outlook

8.1 Global Solar EVA Revenue (USD Million) By Regions (2018-2022)

8.2 North America Solar EVA Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Solar EVA Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Solar EVA Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Solar EVA Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Solar EVA Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Solar EVA Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Solar EVA Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Solar EVA Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Solar EVA Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Solar EVA Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Solar EVA Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Solar EVA Revenue (USD Million) by Applications (2018-2022)

8.5 South America Solar EVA Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Solar EVA Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Solar EVA Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Solar EVA Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Solar EVA Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Solar EVA Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Solar EVA Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Solar EVA Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Solar EVA Market Revenue (USD Million), by Type, and Applications (2024-2030)

10.1 Global Solar EVA Revenue (USD Million) and Market Share (%) by Type (2024-2030)

10.1.1 Global Solar EVA Revenue (USD Million), and Market Share (%) by Type (2024-2030)

10.2 Global Solar EVA Revenue (USD Million) and Market Share (%) by Applications (2024-2030)

10.2.1 Global Solar EVA Revenue (USD Million), and Market Share (%) by Applications (2024-2030)

 

11 Global Solar EVA Development Regional Status and Outlook Forecast

11.1 Global Solar EVA Revenue (USD Million) By Regions (2024-2030)

11.2 North America Solar EVA Revenue (USD Million) by Type, and Applications (2024-2030)

11.2.1 North America Solar EVA Revenue (USD) Million by Country (2024-2030)

11.2.2 North America Solar EVA Revenue (USD Million), by Type (2024-2030)

11.2.3 North America Solar EVA Revenue (USD Million), Market Share (%) by Applications (2024-2030)

11.3 Europe Solar EVA Revenue (USD Million), by Type, and Applications (2024-2030)

11.3.1 Europe Solar EVA Revenue (USD Million), by Country (2024-2030)

11.3.2 Europe Solar EVA Revenue (USD Million), by Type (2024-2030)

11.3.3 Europe Solar EVA Revenue (USD Million), by Applications (2024-2030)

11.4 Asia Pacific Solar EVA Revenue (USD Million) by Type, and Applications (2024-2030)

11.4.1 Asia Pacific Solar EVA Revenue (USD Million), by Country (2024-2030)

11.4.2 Asia Pacific Solar EVA Revenue (USD Million), by Type (2024-2030)

11.4.3 Asia Pacific Solar EVA Revenue (USD Million), by Applications (2024-2030)

11.5 South America Solar EVA Revenue (USD Million), by Type, and Applications (2024-2030)

11.5.1 South America Solar EVA Revenue (USD Million), by Country (2024-2030)

11.5.2 South America Solar EVA Revenue (USD Million), by Type (2024-2030)

11.5.3 South America Solar EVA Revenue (USD Million), by Applications (2024-2030)

11.6 Middle East and Africa Solar EVA Revenue (USD Million), by Type, and Applications (2024-2030)

11.6.1 Middle East and Africa Solar EVA Revenue (USD Million), by Region (2024-2030)

11.6.2 Middle East and Africa Solar EVA Revenue (USD Million), by Type (2024-2030)

11.6.3 Middle East and Africa Solar EVA Revenue (USD Million), by Applications (2024-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Solar EVA Market Companies with Areas Served

Table 3 Products Offerings Global Solar EVA Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Solar EVA Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Solar EVA Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Solar EVA Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Solar EVA Revenue (USD Million) By Type (2018-2022)

Table 11 Global Solar EVA Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Solar EVA Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Solar EVA Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Solar EVA Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Solar EVA Market Share (%) By Regions (2018-2022)

Table 16 North America Solar EVA Revenue (USD Million) By Country (2018-2022)

Table 17 North America Solar EVA Revenue (USD Million) By Type (2018-2022)

Table 18 North America Solar EVA Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Solar EVA Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Solar EVA Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Solar EVA Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Solar EVA Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Solar EVA Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Solar EVA Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Solar EVA Revenue (USD Million) By Country (2018-2022)

Table 26 South America Solar EVA Revenue (USD Million) By Type (2018-2022)

Table 27 South America Solar EVA Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Solar EVA Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Solar EVA Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Solar EVA Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Solar EVA Revenue (USD Million) By Type (2024-2030)

Table 33 Global Solar EVA Revenue Market Share (%) By Type (2024-2030)

Table 34 Global Solar EVA Revenue (USD Million) By Applications (2024-2030)

Table 35 Global Solar EVA Revenue Market Share (%) By Applications (2024-2030)

Table 36 Global Solar EVA Market Revenue (USD Million), And Revenue (USD Million) By Regions (2024-2030)

Table 37 North America Solar EVA Revenue (USD)By Country (2024-2030)

Table 38 North America Solar EVA Revenue (USD Million) By Type (2024-2030)

Table 39 North America Solar EVA Revenue (USD Million) By Applications (2024-2030)

Table 40 Europe Solar EVA Revenue (USD Million) By Country (2024-2030)

Table 41 Europe Solar EVA Revenue (USD Million) By Type (2024-2030)

Table 42 Europe Solar EVA Revenue (USD Million) By Applications (2024-2030)

Table 43 Asia Pacific Solar EVA Revenue (USD Million) By Country (2024-2030)

Table 44 Asia Pacific Solar EVA Revenue (USD Million) By Type (2024-2030)

Table 45 Asia Pacific Solar EVA Revenue (USD Million) By Applications (2024-2030)

Table 46 South America Solar EVA Revenue (USD Million) By Country (2024-2030)

Table 47 South America Solar EVA Revenue (USD Million) By Type (2024-2030)

Table 48 South America Solar EVA Revenue (USD Million) By Applications (2024-2030)

Table 49 Middle East and Africa Solar EVA Revenue (USD Million) By Region (2024-2030)

Table 50 Middle East and Africa Solar EVA Revenue (USD Million) By Region (2024-2030)

Table 51 Middle East and Africa Solar EVA Revenue (USD Million) By Type (2024-2030)

Table 52 Middle East and Africa Solar EVA Revenue (USD Million) By Applications (2024-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Solar EVA Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Solar EVA Revenue Market Share (%) By Type (2022)

Figure 5 Global Solar EVA Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Solar EVA Revenue Market Share (%) By Applications (2022)

Figure 7 Global Solar EVA Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Solar EVA Market Share (%) By Regions (2022)

Figure 9 North America Solar EVA Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Solar EVA Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Solar EVA Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Solar EVA Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Solar EVA Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Solar EVA Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Solar EVA Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Solar EVA Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Solar EVA Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Solar EVA Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Solar EVA Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Solar EVA Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Solar EVA Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Solar EVA Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Solar EVA Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Solar EVA Revenue (USD Million) By Type (2024-2030)

Figure 25 Global Solar EVA Revenue Market Share (%) By Type (2030)

Figure 26 Global Solar EVA Revenue (USD Million) By Applications (2024-2030)

Figure 27 Global Solar EVA Revenue Market Share (%) By Applications (2030)

Figure 28 Global Solar EVA Market Revenue (USD Million) By Regions (2024-2030)

Figure 29 North America Solar EVA Revenue (USD Million) By Country (2024-2030)

Figure 30 North America Solar EVA Revenue (USD Million) By Type (2024-2030)

Figure 31 North America Solar EVA Revenue (USD Million) By Applications (2024-2030)

Figure 32 Europe Solar EVA Revenue (USD Million) By Country (2024-2030)

Figure 33 Europe Solar EVA Revenue (USD Million) By Type (2024-2030)

Figure 34 Europe Solar EVA Revenue (USD Million) By Applications (2024-2030)

Figure 35 Asia Pacific Solar EVA Revenue (USD Million) By Country (2024-2030)

Figure 36 Asia Pacific Solar EVA Revenue (USD Million) By Type (2024-2030)

Figure 37 Asia Pacific Solar EVA Revenue (USD Million) By Applications (2024-2030)

Figure 38 South America Solar EVA Revenue (USD Million) By Country (2024-2030)

Figure 39 South America Solar EVA Revenue (USD Million) By Type (2024-2030)

Figure 40 South America Solar EVA Revenue (USD Million) By Applications (2024-2030)

Figure 41 Middle East and Africa Solar EVA Revenue (USD Million) By Region (2024-2030)

Figure 42 Middle East and Africa Solar EVA Revenue (USD Million) By Region (2024-2030)

Figure 43 Middle East and Africa Solar EVA Revenue (USD Million) By Type (2024-2030)

Figure 44 Middle East and Africa Solar EVA Revenue (USD Million) By Applications (2024-2030)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation

 

Solar EVA Market Segmentation

By Type

  • Regular EVA
  • Anti-PID EVA

 

By Application

  • Silicon Solar Cells Module
  • Thin Film Module
  • Others

 

By End Use

  • Commercial
  • Residential
  • Industrial

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)