North America PV Module Encapsulant Film Market to 2032
Overview
The North America PV Module Encapsulant Film Market is expected to reach a 1,438.59 USD Million by 2032 and is projected to grow at a CAGR of 20.65% from 2025 to 2032.
Revenue, 2024 (USD Million)
386.62
Forecast, 2032 (USD Million)
1,438.59
CAGR, 2024 - 2032
20.65%
Report Coverage
North America
North America PV Module Encapsulant Film Market 2018-2032 USD Million
North America PV Module Encapsulant Film Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 386.62 USD Million
- Projected Market Size (2032): 1,438.59 USD Million
- CAGR (2025-2032): 20.65%
Key Findings of North America PV Module Encapsulant Film Market
- The North America PV Module Encapsulant Film Market was valued at 1,438.59 USD Million in 2024.
- The North America PV Module Encapsulant Film Market is likely to grow at a CAGR of 20.65% 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 331.70 USD Million
- The fastest growing segment EPE in Material Type Segment grew Fastest with a CAGR of 21.63% during the forecast period from 2024 to 2032.
North America PV Module Encapsulant Film Market Scope
North America PV Module Encapsulant Film Market Segmentation & Scope
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
End Use
- Commercial Solar System
- Residential Solar System
- Industrial Solar System
North America PV Module Encapsulant Film Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 386.62 USD Million |
| Market Value in 2032 | 1,438.59 USD Million |
| CAGR (2025-2032) | 20.65% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Material Type,Thickness,Weight,Application,Technology,End Use |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 386.62 USD Million in 2024
- Key Country: U.S., leading in terms of revenue with value of 297.31 USD Million in 2024.
Segments and Scope
-
North America PV Module Encapsulant Film Market to 2032, By Material Type
- Ethyl Vinyl Acetate (EVA) is the largest segment in North America PV Module Encapsulant Film Market to 2032 with a revenue of 201.39 USD Million in the year 2024.
- EPE is the Fastest growing segment in North America PV Module Encapsulant Film Market to 2032 with a Growth rate of 19.87 % in forecast period 2025-2032.
-
North America PV Module Encapsulant Film Market to 2032, By Thickness
- 0.40-0.60MM is the largest segment in North America PV Module Encapsulant Film Market to 2032 with a revenue of 152.37 USD Million in the year 2024.
- 0.40-0.60MM is the Fastest growing segment in North America PV Module Encapsulant Film Market to 2032 with a Growth rate of 21.13 % in forecast period 2025-2032.
-
North America PV Module Encapsulant Film Market to 2032, By Weight
- 400-475 G/M2 is the largest segment in North America PV Module Encapsulant Film Market to 2032 with a revenue of 166.86 USD Million in the year 2024.
- 400-475 G/M2 is the Fastest growing segment in North America PV Module Encapsulant Film Market to 2032 with a Growth rate of 20.98 % in forecast period 2025-2032.
-
North America PV Module Encapsulant Film Market to 2032, By Application
- Crystaline Silicon PV Module is the largest segment in North America PV Module Encapsulant Film Market to 2032 with a revenue of 331.70 USD Million in the year 2024.
- Crystaline Silicon PV Module is the Fastest growing segment in North America PV Module Encapsulant Film Market to 2032 with a Growth rate of 20.73 % in forecast period 2025-2032.
-
North America PV Module Encapsulant Film Market to 2032, By Technology
- Bifacial PV Module is the largest segment in North America PV Module Encapsulant Film Market to 2032 with a revenue of 245.01 USD Million in the year 2024.
- Bifacial PV Module is the Fastest growing segment in North America PV Module Encapsulant Film Market to 2032 with a Growth rate of 20.77 % in forecast period 2025-2032.
-
North America PV Module Encapsulant Film Market to 2032, By End Use
- Industrial Solar System is the largest segment in North America PV Module Encapsulant Film Market to 2032 with a revenue of 269.81 USD Million in the year 2024.
- Industrial Solar System is the Fastest growing segment in North America PV Module Encapsulant Film Market to 2032 with a Growth rate of 20.90 % in forecast period 2025-2032.
North America PV Module Encapsulant Film Market Company Share Analysis
| Company Name |
|
||
| 3M | |||
| Mitsui Chemicals, Inc. | |||
| H.B. Fuller Company | |||
| Cybrid Technologies Inc. | |||
| Dana Poly, Inc | |||
North America PV Module Encapsulant Film Market Geographical Sales Distribution, 2018-2032 USD Million
North America PV Module Encapsulant Film Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The North America PV Module Encapsulant Film Market is segmented based on Segmentation Material Type,Thickness,Weight,Application,Technology,End Use.
North America PV Module Encapsulant Film Market was valued at USD 386.62(Revenue in USD Million) in 2023.
North America PV Module Encapsulant Film Market is projected to grow at a CAGR of 20.65% during the forecast period of 2024 to 2032.
The Crystaline Silicon PV Module segment is expected to dominate the North America PV Module Encapsulant Film Market, holding a largest market share of 331.70 USD Million in 2024
North America PV Module Encapsulant Film Market Scope
North America PV Module Encapsulant Film Market Segmentation & Scope
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
End Use
- Commercial Solar System
- Residential Solar System
- Industrial Solar System
Frequently Asked Questions
The North America PV Module Encapsulant Film Market is segmented based on Segmentation Material Type,Thickness,Weight,Application,Technology,End Use.
North America PV Module Encapsulant Film Market was valued at USD 386.62(Revenue in USD Million) in 2023.
North America PV Module Encapsulant Film Market is projected to grow at a CAGR of 20.65% during the forecast period of 2024 to 2032.
The estimated market value of the North America PV Module Encapsulant Film Market for final year is USD 1,438.59 (USD Million).
North America PV Module Encapsulant Film Market Company Profiling
Frequently Asked Questions
The North America PV Module Encapsulant Film Market is segmented based on Segmentation Material Type,Thickness,Weight,Application,Technology,End Use.
North America PV Module Encapsulant Film Market was valued at USD 386.62(Revenue in USD Million) in 2023.
North America PV Module Encapsulant Film Market is projected to grow at a CAGR of 20.65% during the forecast period of 2024 to 2032.
The estimated market value of the North America PV Module Encapsulant Film Market for final year is USD 1,438.59 (USD Million).
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