Delray Beach, FL, Aug. 19, 2025 (GLOBE NEWSWIRE) — The 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. Solar encapsulation is the technique of sealing and protecting solar cells with a layer of materials, most often polymers such as ethylene-vinyl acetate (EVA) or polyolefins (POE). This protective layer is important to the longevity, durability, and efficiency of solar panels. Encapsulants of excellent grade are highly transparent, allowing maximum sunlight to enter the cells and improve their power generation. They can also improve light trapping within the cell and reduce optical losses. Rising growth in the demand for solar energy along with increasing adoption of photovoltaics technology solutions are the factors expected to drive the demand for the Solar Encapsulation Market.

Browse 197 market data Tables and 49 Figures spread through 192 Pages and in-depth TOC on “Solar Encapsulation Market – Global Forecast to 2028”

Scope of the Report

  • Market Size Available for Years: 2019–2028
  • 2023 Market Size: USD 4.9 billion
  • 2028 Projected Market Size: USD 7.2 billion
  • CAGR (2025–2030): 8.2%
  • Segments covered: Solar Encapsulation Market by Materials, Technology, Application, and Region.
  • Region Highlight:  Asia Pacific, North America, Europe, and Rest of the World

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Top Companies in Solar Encapsulation Industry

  • Mitsui Chemicals, Inc. (Japan)
  • Elkem ASA (Norway)
  • Dow (US)
  • 3M (US)
  • DuPont (US) among others…

The Thermoplastic polyurethane (TPU) segment, by materials, is expected to grow at the highest CAGR during the forecast …

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