The Latin America, Middle East and Africa Solar Encapsulation Market would witness market growth of 11.5% CAGR during the forecast period (2022-2028).
Due to the increasing demand for electricity worldwide, the market for solar encapsulation is anticipated to grow strongly over the forecast period. The market will also benefit from the expected swift development of the sustainable and unconventional energy sector, which is expected a result of the depletion of traditional energy sources, environmental concerns, and rising production costs. With no other substitute, rising infrastructure modernization investments are the other major factor rising the need for encapsulation making solar encapsulation the foundation of PV technology production.
A solar cell must be enclosed as a solar module to improve its output power because a single solar cell's output power is insufficient to meet typical electricity needs. A crucial stage in the creation of solar cells is encapsulation. Even the create good solar modules without a good encapsulation technique. The solar cell's encapsulation not only extends its lifespan but also strengthens its ability to launch attacks. The key to achieving customer satisfaction is great product quality and durability, hence solar module encapsulation quality is crucial.
The United Arab Emirates was the third-largest producer of concentrated solar power in the world in 2013, according to data cited by the UAE government. The UAE produced over 140 MW of solar energy in 2014. The government estimated that achieving its renewable energy goal would result in savings of between USD 1 billion and USD 3.7 billion; however, given the shifting outlook for the costs of fossil fuels and renewable energy, the government now feels that the savings might be significantly higher.
The Brazil market dominated the LAMEA Solar Encapsulation Market by Country in 2021; thereby, achieving a market value of $93.1 million by 2028. The Argentina market is experiencing a CAGR of 12.1% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 11.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Solar Encapsulation Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Solar Encapsulation Market, by Material
1.4.2 LAMEA Solar Encapsulation Market, by Technology
1.4.3 LAMEA Solar Encapsulation Market, by Application
1.4.4 LAMEA 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. LAMEA Solar Encapsulation Market by Material
3.1 LAMEA Ethylene Vinyl Acetate Market by Country
3.2 LAMEA Non-ethylene Vinyl Acetate Market by Country
3.3 LAMEA UV Curable Resin Market by Country
3.4 LAMEA Others Market by Country
Chapter 4. LAMEA Solar Encapsulation Market by Technology
4.1 LAMEA Polycrystalline Silicon Solar Market by Country
4.2 LAMEA Cadmium Telluride Market by Country
4.3 LAMEA Copper Indium Gallium Selenide Market by Country
4.4 LAMEA Amorphous Silicon Market by Country
Chapter 5. LAMEA Solar Encapsulation Market by Application
5.1 LAMEA Construction Market by Country
5.2 LAMEA Electronics Market by Country
5.3 LAMEA Automotive Market by Country
5.4 LAMEA Others Market by Country
Chapter 6. LAMEA Solar Encapsulation Market by Country
6.1 Brazil Solar Encapsulation Market
6.1.1 Brazil Solar Encapsulation Market by Material
6.1.2 Brazil Solar Encapsulation Market by Technology
6.1.3 Brazil Solar Encapsulation Market by Application
6.2 Argentina Solar Encapsulation Market
6.2.1 Argentina Solar Encapsulation Market by Material
6.2.2 Argentina Solar Encapsulation Market by Technology
6.2.3 Argentina Solar Encapsulation Market by Application
6.3 UAE Solar Encapsulation Market
6.3.1 UAE Solar Encapsulation Market by Material
6.3.2 UAE Solar Encapsulation Market by Technology
6.3.3 UAE Solar Encapsulation Market by Application
6.4 Saudi Arabia Solar Encapsulation Market
6.4.1 Saudi Arabia Solar Encapsulation Market by Material
6.4.2 Saudi Arabia Solar Encapsulation Market by Technology
6.4.3 Saudi Arabia Solar Encapsulation Market by Application
6.5 South Africa Solar Encapsulation Market
6.5.1 South Africa Solar Encapsulation Market by Material
6.5.2 South Africa Solar Encapsulation Market by Technology
6.5.3 South Africa Solar Encapsulation Market by Application
6.6 Nigeria Solar Encapsulation Market
6.6.1 Nigeria Solar Encapsulation Market by Material
6.6.2 Nigeria Solar Encapsulation Market by Technology
6.6.3 Nigeria Solar Encapsulation Market by Application
6.7 Rest of LAMEA Solar Encapsulation Market
6.7.1 Rest of LAMEA Solar Encapsulation Market by Material
6.7.2 Rest of LAMEA Solar Encapsulation Market by Technology
6.7.3 Rest of LAMEA 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 LAMEA Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 4 LAMEA Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 5 LAMEA Ethylene Vinyl Acetate Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Ethylene Vinyl Acetate Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Non-ethylene Vinyl Acetate Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Non-ethylene Vinyl Acetate Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA UV Curable Resin Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA UV Curable Resin Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 14 LAMEA Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 15 LAMEA Polycrystalline Silicon Solar Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Polycrystalline Silicon Solar Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Cadmium Telluride Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Cadmium Telluride Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Copper Indium Gallium Selenide Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Copper Indium Gallium Selenide Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Amorphous Silicon Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Amorphous Silicon Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 24 LAMEA Solar Encapsulation Market by Application, 2022 - 2028, USD Million
TABLE 25 LAMEA Construction Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Construction Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Electronics Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Electronics Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Automotive Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Automotive Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Solar Encapsulation Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Solar Encapsulation Market by Country, 2022 - 2028, USD Million
TABLE 35 Brazil Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 36 Brazil Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 37 Brazil Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 38 Brazil Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 39 Brazil Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 40 Brazil Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 41 Brazil Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 42 Brazil Solar Encapsulation Market by Application, 2022 - 2028, USD Million
TABLE 43 Argentina Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 44 Argentina Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 45 Argentina Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 46 Argentina Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 47 Argentina Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 48 Argentina Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 49 Argentina Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 50 Argentina Solar Encapsulation Market by Application, 2022 - 2028, USD Million
TABLE 51 UAE Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 52 UAE Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 53 UAE Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 54 UAE Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 55 UAE Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 56 UAE Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 57 UAE Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 58 UAE Solar Encapsulation Market by Application, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Solar Encapsulation Market by Application, 2022 - 2028, USD Million
TABLE 67 South Africa Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 68 South Africa Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 69 South Africa Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 70 South Africa Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 71 South Africa Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 72 South Africa Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 73 South Africa Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 74 South Africa Solar Encapsulation Market by Application, 2022 - 2028, USD Million
TABLE 75 Nigeria Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 76 Nigeria Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 77 Nigeria Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 78 Nigeria Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 79 Nigeria Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 80 Nigeria Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 81 Nigeria Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 82 Nigeria Solar Encapsulation Market by Application, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Solar Encapsulation Market, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Solar Encapsulation Market, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Solar Encapsulation Market by Material, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA Solar Encapsulation Market by Material, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Solar Encapsulation Market by Technology, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Solar Encapsulation Market by Technology, 2022 - 2028, USD Million
TABLE 89 Rest of LAMEA Solar Encapsulation Market by Application, 2018 - 2021, USD Million
TABLE 90 Rest of LAMEA 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