Canada PV Module Encapsulant Film Market to 2032
Overview
The Canada PV Module Encapsulant Film Market is expected to reach a 205.68 USD Million by 2032 and is projected to grow at a CAGR of 20.62% from 2025 to 2032.
Revenue, 2024 (USD Million)
55.36
Forecast, 2032 (USD Million)
205.68
CAGR, 2024 - 2032
20.62%
Report Coverage
Canada
Canada PV Module Encapsulant Film Market 2018-2032 USD Million
Canada PV Module Encapsulant Film Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 55.36 USD Million
- Projected Market Size (2032): 205.68 USD Million
- CAGR (2025-2032): 20.62%
Key Findings of Canada PV Module Encapsulant Film Market
- The Canada PV Module Encapsulant Film Market was valued at 205.68 USD Million in 2024.
- The Canada PV Module Encapsulant Film Market is likely to grow at a CAGR of 20.62% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Crystaline Silicon PV Module in Application Segment accounted for the largest share of the market with a revenue of 47.62 USD Million
- The fastest growing segment EPE in Material Type Segment grew Fastest with a CAGR of 21.67% during the forecast period from 2024 to 2032.
Canada PV Module Encapsulant Film Market Scope
Canada PV Module Encapsulant Film Market Segmentation & Scope
End Use
- Commercial Solar System
- Residential Solar System
- Industrial Solar System
Material Type
- Others
- Thermoplastic Polyolefin (TPO)
- Polyvinyl Butyral (PVB)
- Polyolefin Elastomer (POE)
- EPE
- Ethyl Vinyl Acetate (EVA)
Thickness
- 0.20-0.40MM
- 0.60-0.80MM
- 0.40-0.60MM
Weight
- BELOW 400 G/M2
- ABOVE 475 G/M2
- 400-475 G/M2
Application
- Thin Film PV Module
- Crystaline Silicon PV Module
Technology
- Monofacial PV Module
- Bifacial PV Module
Canada PV Module Encapsulant Film Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 55.36 USD Million |
| Market Value in 2032 | 205.68 USD Million |
| CAGR (2025-2032) | 20.62% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End Use,Material Type,Thickness,Weight,Application,Technology |
Regional Insights:
-
Leading Market (2024-2032): Canada, leading in terms of revenue 55.36 USD Million in 2024
- Key Country: Canada, leading in terms of revenue with value of 55.36 USD Million in 2024.
Segments and Scope
-
Canada PV Module Encapsulant Film Market to 2032, By End Use
- Industrial Solar System is the largest segment in Canada PV Module Encapsulant Film Market to 2032 with a revenue of 38.84 USD Million in the year 2024.
- Industrial Solar System is the Fastest growing segment in Canada PV Module Encapsulant Film Market to 2032 with a Growth rate of 20.91 % in forecast period 2025-2032.
-
Canada PV Module Encapsulant Film Market to 2032, By Material Type
- Ethyl Vinyl Acetate (EVA) is the largest segment in Canada PV Module Encapsulant Film Market to 2032 with a revenue of 28.38 USD Million in the year 2024.
- EPE is the Fastest growing segment in Canada PV Module Encapsulant Film Market to 2032 with a Growth rate of 19.75 % in forecast period 2025-2032.
-
Canada PV Module Encapsulant Film Market to 2032, By Thickness
- 0.40-0.60MM is the largest segment in Canada PV Module Encapsulant Film Market to 2032 with a revenue of 22.03 USD Million in the year 2024.
- 0.40-0.60MM is the Fastest growing segment in Canada PV Module Encapsulant Film Market to 2032 with a Growth rate of 21.24 % in forecast period 2025-2032.
-
Canada PV Module Encapsulant Film Market to 2032, By Weight
- 400-475 G/M2 is the largest segment in Canada PV Module Encapsulant Film Market to 2032 with a revenue of 24.03 USD Million in the year 2024.
- 400-475 G/M2 is the Fastest growing segment in Canada PV Module Encapsulant Film Market to 2032 with a Growth rate of 20.99 % in forecast period 2025-2032.
-
Canada PV Module Encapsulant Film Market to 2032, By Application
- Crystaline Silicon PV Module is the largest segment in Canada PV Module Encapsulant Film Market to 2032 with a revenue of 47.62 USD Million in the year 2024.
- Crystaline Silicon PV Module is the Fastest growing segment in Canada PV Module Encapsulant Film Market to 2032 with a Growth rate of 20.71 % in forecast period 2025-2032.
-
Canada PV Module Encapsulant Film Market to 2032, By Technology
- Bifacial PV Module is the largest segment in Canada PV Module Encapsulant Film Market to 2032 with a revenue of 35.16 USD Million in the year 2024.
- Bifacial PV Module is the Fastest growing segment in Canada PV Module Encapsulant Film Market to 2032 with a Growth rate of 20.79 % in forecast period 2025-2032.
Canada PV Module Encapsulant Film Market Company Share Analysis
| Company Name |
|
||
| 3M | |||
| Mitsui Chemicals, Inc. | |||
| H.B. Fuller Company | |||
| Cybrid Technologies Inc. | |||
| Dana Poly, Inc | |||
Canada PV Module Encapsulant Film Market Geographical Sales Distribution, 2018-2032 USD Million
Canada PV Module Encapsulant Film Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Canada PV Module Encapsulant Film Market is segmented based on Segmentation End Use,Material Type,Thickness,Weight,Application,Technology.
Canada PV Module Encapsulant Film Market was valued at USD 55.36(Revenue in USD Million) in 2023.
Canada PV Module Encapsulant Film Market is projected to grow at a CAGR of 20.62% during the forecast period of 2024 to 2032.
The Crystaline Silicon PV Module segment is expected to dominate the Canada PV Module Encapsulant Film Market, holding a largest market share of 47.62 USD Million in 2024
Canada PV Module Encapsulant Film Market Scope
Canada PV Module Encapsulant Film Market Segmentation & Scope
End Use
- Commercial Solar System
- Residential Solar System
- Industrial Solar System
Material Type
- Others
- Thermoplastic Polyolefin (TPO)
- Polyvinyl Butyral (PVB)
- Polyolefin Elastomer (POE)
- EPE
- Ethyl Vinyl Acetate (EVA)
Thickness
- 0.20-0.40MM
- 0.60-0.80MM
- 0.40-0.60MM
Weight
- BELOW 400 G/M2
- ABOVE 475 G/M2
- 400-475 G/M2
Application
- Thin Film PV Module
- Crystaline Silicon PV Module
Technology
- Monofacial PV Module
- Bifacial PV Module
Frequently Asked Questions
The Canada PV Module Encapsulant Film Market is segmented based on Segmentation End Use,Material Type,Thickness,Weight,Application,Technology.
Canada PV Module Encapsulant Film Market was valued at USD 55.36(Revenue in USD Million) in 2023.
Canada PV Module Encapsulant Film Market is projected to grow at a CAGR of 20.62% during the forecast period of 2024 to 2032.
The estimated market value of the Canada PV Module Encapsulant Film Market for final year is USD 205.68 (USD Million).
Canada PV Module Encapsulant Film Market Company Profiling
Frequently Asked Questions
The Canada PV Module Encapsulant Film Market is segmented based on Segmentation End Use,Material Type,Thickness,Weight,Application,Technology.
Canada PV Module Encapsulant Film Market was valued at USD 55.36(Revenue in USD Million) in 2023.
Canada PV Module Encapsulant Film Market is projected to grow at a CAGR of 20.62% during the forecast period of 2024 to 2032.
The estimated market value of the Canada PV Module Encapsulant Film Market for final year is USD 205.68 (USD Million).
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