Awareness and Government Incentives Promoting Renewable Energy Propels the Growth of Solar Encapsulation Market

Published: Aug 2019

The global Solar Encapsulation market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period (2021-2027). Rising demand in favor of renewable energy and Initiatives to promote energy-saving resources is positively impacting the global solar encapsulation market. Renewable energy and energy efficiency programs by the US Environmental Protection Agency are intended to help energy consumers, state policymakers, and energy providers by providing objective information, creating networks among the public and private sector, and giving technical assistance. EPA also provides recognition to primary organizations that implement energy efficiency and renewable energy policies and practices. Additionally, rising government initiatives and awareness towards the development of solar energy are expected to propel the growth of global solar encapsulation. For instance, in 2018, as per the Ministry of New and Renewable Energy, The Government of India is assisting the development of solar energy in the country by offering a range of fiscal and promotional incentives such as accelerated depreciation, waiver of Inter-State Transmission System (ISTS) charges and losses, financing solar rooftop systems as part of home loan, and permitting Foreign Direct Investment up to 100% under the automatic route. 

Browse the full report description of "Global Solar Encapsulation Market Size, Share & Trends Analysis Report, By Application (Construction, Automobiles, Electronics and Others), By Material (Ethylene vinyl acetate (EVA), Polyvinyl butyral (PVB), Polydimethylsiloxane (PDMS), Ionomer and Others (Thermoplastic Polyurethane (TPU) & Polyolefin)), and by Technology (Single crystal/polycrystalline silicon technology and Thin film solar technology (Cadmium Telluride (CDTE), Copper Indium Gallium Selenide (CIGS), Amorphous Silicon (A-SI)), Forecast (2021-2027)" at https://www.omrglobal.com/industry-reports/solar-encapsulation-market

Market Coverage

    • The market number available for – 2020-2027

    • Base year- 2020

    • Forecast period- 2021-2027

    • Segment Covered- 

o By Application

o By Material

o By Technology

    • Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

    • Competitive Landscape- including DuPont de Nemours, Inc, Hangzhou First Applied Material Co., Ltd, Jiangsu Akcome Science & Technology Co., Ltd., Mitsui & Co. (U.S.A.), Inc., Specialized Technology Resources, Inc., and others

Key questions addressed by the report

    • What is the market growth rate?

    • Which segment and region dominate the market in the base year?

    • Which segment and region will project the fastest growth in the market?

    • How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

    • Who is the leader in the market?

    • How players are addressing challenges to sustain growth?

    • Where is the investment opportunity?

Global Solar Encapsulation Market Report Segment

By Application

    • Construction

    • Automobiles

    • Electronics

    • Others

By Material

    • Ethylene vinyl acetate (EVA)

    • Polyvinyl butyral (PVB)

    • Polydimethylsiloxane (PDMS)

    • Ionomer

    • Others (Thermoplastic Polyurethane (TPU) & Polyolefin)

By Technology

    • Single crystal/polycrystalline silicon technology

    • Thin film solar technology

        ? Cadmium Telluride (CDTE)

        ? Copper Indium Gallium Selenide (CIGS)

        ? Amorphous Silicon (A-SI)

Global SOLAR ENCAPSULATION Market Report Segment by Region

North America

    • United States

    • Canada

Europe

    • UK

    • Germany

    • Italy

    • Spain

    • France

    • Rest of Europe 

Asia-Pacific

    • China

    • India

    • Japan

    • South Korea

    • Rest of Asia-Pacific 

Rest of the World

    • Latin America 

    • Middle East & Africa

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/solar-encapsulation-market