The Global EVA Solar Cell Encapsulation Film Market was valued at USD 2115 Million in 2023 and is projected to reach USD 5633.58 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 11.50% during the forecast period (2023–2032). This growth is being driven by surging demand for solar photovoltaic (PV) panels, government incentives for renewable energy adoption, and advancements in high-efficiency encapsulation materials that enhance panel durability and performance in harsh environmental conditions.
As the solar industry accelerates toward widespread renewable energy deployment and cost-effective manufacturing, the focus is on the key material suppliers who are pioneering durable, protective films essential for long-lasting solar modules. In this blog, we profile the Top 10 Companies in the EVA Solar Cell Encapsulation Film Market—a mix of established chemical giants, specialized polymer innovators, and regional powerhouses advancing transparent, anti-degradation solutions for commercial and residential solar applications.
🔟 1. Hanwha Corporation
Headquarters: Seoul, South Korea
Key Offering: Regular EVA Film, Anti-PID EVA Film, White EVA Film
Hanwha stands as a global leader in solar materials, providing high-quality EVA encapsulation films that protect solar cells from moisture, UV radiation, and mechanical stress. With a strong emphasis on integrated solar solutions, the company supplies films to major PV manufacturers worldwide, ensuring optimal light transmission and adhesion for enhanced module efficiency.
Innovation Initiatives:
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Development of low-yellowing EVA formulations for extended panel lifespan
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Collaborations with solar module producers to integrate Anti-PID technology
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Investment in recyclable EVA materials to support circular economy goals
Download FREE Sample Report: EVA Solar Cell Encapsulation Film Market – View in Detailed Research Report
9️⃣ 2. Hangzhou First Applied Material Co., Ltd.
Headquarters: Hangzhou, China
Key Offering: Anti-PID EVA Film, Regular EVA Film
Hangzhou First Applied Material is a prominent Chinese supplier specializing in EVA films tailored for high-performance solar modules. The company excels in producing films with superior optical properties and adhesion, serving a vast network of Asian and international PV assemblers to meet the rising demand for reliable encapsulation in utility-scale projects.
Innovation Initiatives:
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Advanced R&D in PID-resistant films to minimize power loss in high-voltage systems
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Partnerships with equipment makers for seamless lamination processes
8️⃣ 3. Changzhou Almaden Co., Ltd.
Headquarters: Changzhou, China
Key Offering: White EVA Film, Regular EVA Film, Anti-PID EVA Film
Changzhou Almaden focuses on innovative EVA solutions that improve solar panel aesthetics and functionality, particularly with white films for backsheet applications in bifacial modules. Their products are widely used in residential and commercial installations, offering excellent weather resistance and thermal stability to boost overall system reliability.
Innovation Initiatives:
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Targets for 20% increase in light reflectance with white EVA variants
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Supply agreements with leading solar integrators for large-scale deployments
7️⃣ 4. SKC, Inc.
Headquarters: Gyeonggi-do, South Korea
Key Offering: Regular EVA Film, Anti-PID EVA Film
SKC brings decades of polymer expertise to the solar encapsulation market, delivering EVA films that ensure uniform bonding and high transparency for maximum energy output. As a key player in Asia-Pacific, the company supports the region’s explosive solar growth through consistent quality and scalable production capabilities.
Innovation Initiatives:
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Goal to achieve 15% market penetration in Anti-PID segments by 2027
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New manufacturing facility in Southeast Asia for expanded capacity
Download FREE Sample Report: EVA Solar Cell Encapsulation Film Market – View in Detailed Research Report
6️⃣ 5. HIUV New Materials Co., Ltd.
Headquarters: Shenzhen, China
Key Offering: Anti-PID EVA Film, White EVA Film
HIUV specializes in UV-stabilized EVA films that prevent degradation in extreme climates, catering to both commercial rooftop systems and ground-mounted arrays. Their commitment to quality control has earned them a reputation for films that maintain solar cell integrity over 25+ years, aligning with industry standards for longevity.
Innovation Initiatives:
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Introduction of fast-cure EVA for reduced lamination times
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Certification for use in high-efficiency PERC and TOPCon modules
5️⃣ 6. Changzhou Sveck Technology Co., Ltd.
Headquarters: Changzhou, China
Key Offering: Regular EVA Film, Anti-PID EVA Film
Changzhou Sveck is renowned for its cost-effective yet high-performance EVA encapsulation solutions, which are integral to mass-produced solar panels in emerging markets. The company’s films provide robust protection against delamination and corrosion, contributing to lower levelized cost of energy (LCOE) for end-users.
Innovation Initiatives:
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Current production capacity exceeding 500 million square meters annually
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Expansion plans to double output by 2026 for global exports
4️⃣ 7. Dilong Optoelectronic Material Co., Ltd.
Headquarters: Suzhou, China
Key Offering: White EVA Film, Regular EVA Film
Dilong Optoelectronic leads in optical-grade EVA films optimized for light management in advanced solar technologies. Their products enhance bifacial panel performance by reflecting unused light back to the cells, making them a preferred choice for innovative PV designs in Europe and North America.
Innovation Initiatives:
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Focus on low-haze formulations for superior module transparency
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R&D partnerships for next-gen heterojunction solar cell encapsulation
3️⃣ 8. Sinopont Technology Co., Ltd.
Headquarters: Shanghai, China
Key Offering: Anti-PID EVA Film, White EVA Film
Sinopont Technology delivers specialized EVA films that address potential induced degradation (PID) issues, crucial for high-voltage utility-scale solar farms. With a strong domestic presence, the company is expanding internationally to support the global shift toward reliable, high-yield renewable installations.
Innovation Initiatives:
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Indigenous development of ionomer-infused EVA for enhanced durability
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Collaborations with certification bodies for IEC compliance
2️⃣ 9. Lucent Clean Energy
Headquarters: California, USA
Key Offering: Regular EVA Film, Anti-PID EVA Film
Lucent Clean Energy emphasizes sustainable EVA production in North America, offering films with reduced environmental impact through bio-based additives. Their solutions are tailored for residential solar markets, providing easy installation and long-term protection against thermal cycling and humidity.
Innovation Initiatives:
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Aims to produce 300 million square meters of eco-friendly films annually
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Supply chain enhancements for faster delivery to U.S. manufacturers
1️⃣ 10. 3M Company
Headquarters: St. Paul, Minnesota, USA
Key Offering: White EVA Film, Anti-PID EVA Film, Regular EVA Film
3M leverages its adhesive and polymer expertise to produce premium EVA encapsulation films that excel in adhesion and optical clarity, serving global solar leaders. As a pioneer in multi-layer films, 3M supports advanced applications like flexible and building-integrated photovoltaics (BIPV).
Innovation Initiatives:
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End-to-end solutions including UV blockers for extreme weather resilience
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Strategic alliances with module assemblers for customized formulations
Read Full Report: EVA Solar Cell Encapsulation Film Market – View in Detailed Research Report
🌍 Outlook: The Future of EVA Solar Cell Encapsulation Film Is Innovative and Sustainable
The EVA solar cell encapsulation film market is experiencing rapid evolution. While standard films remain foundational, the sector is channeling significant resources into advanced variants like Anti-PID and white EVA, improved manufacturing processes, and eco-friendly compositions to align with net-zero targets.
📈 Key Trends Shaping the Market:
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Accelerated development of PID-resistant films in Asia-Pacific and Europe
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Policy incentives for 10-20% adoption of high-durability encapsulation by 2030
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Digital monitoring of film performance and degradation analytics
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Joint ventures between film producers and solar firms for efficiency gains
Market Trends Affecting EVA Solar Cell Encapsulation Film Innovation
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Integration with advanced cell technologies (PERC, HJT, TOPCon) — drives demand for specialized EVA with better compatibility and thermal properties. Companies like Hanwha and 3M are leading adaptations for next-gen modules.
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Sustainable and recyclable materials — shift toward bio-EVA and low-VOC formulations to comply with green building standards. European regulations are accelerating this transition.
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Expansion in residential and BIPV segments — flexible, transparent EVA variants are gaining traction for aesthetic solar solutions. RenewSys and Vishakha are key innovators here.
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Supply chain localization — amid geopolitical shifts, North American and Indian producers are scaling domestic output to reduce import dependencies.
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AI-optimized lamination processes — manufacturers are adopting smart tech to minimize defects, with SKC and Hangzhou First pioneering automated quality controls.
Read Full Report: EVA Solar Cell Encapsulation Film Market – View in Detailed Research Report
The companies listed above are not only encapsulating solar cells for protection—they’re spearheading the global renewable energy transition through cutting-edge materials.
Delving deeper into the dynamics of the EVA Solar Cell Encapsulation Film Market reveals a landscape ripe with opportunities and challenges. The surge in solar installations worldwide, fueled by declining PV costs and ambitious carbon reduction pledges, has positioned encapsulation films as a critical component. These films, primarily made from ethylene-vinyl acetate copolymers, serve as the glue that holds solar modules together while shielding delicate silicon cells from environmental stressors like temperature fluctuations, humidity, and mechanical impacts. Without robust encapsulation, solar panels could suffer from efficiency drops or outright failure, underscoring the importance of material innovation.
From a macroeconomic perspective, the market’s robust CAGR of 11.50% reflects broader trends in energy transition. Governments in regions like Asia-Pacific and North America are rolling out subsidies and mandates that boost solar adoption, thereby increasing the need for high-quality EVA films. For instance, China’s dominance in solar manufacturing ensures steady demand from local giants, while emerging markets in India and Southeast Asia offer untapped potential. However, challenges such as raw material price volatility and competition from alternative encapsulants like POE (polyolefin elastomer) films could temper growth if not addressed through R&D.
In terms of segmentation, the type breakdown highlights the rising popularity of Anti-PID EVA films, which combat potential induced degradation—a common issue in large-scale arrays exposed to high voltages. These specialized films incorporate additives that neutralize ions, preserving up to 2-5% more power output over time compared to regular variants. White EVA films, meanwhile, are carving a niche in bifacial modules by reflecting light to the rear side, enhancing yield in reflective environments like deserts or snowy terrains. Application-wise, commercial sectors lead due to utility projects, but residential growth is accelerating with rooftop solar incentives, demanding thinner, more flexible films for easier handling.
Geographically, Asia-Pacific commands over 60% market share, driven by manufacturing hubs in China and South Korea. North America, with its USD 665.11 million valuation in 2023 and 9.86% CAGR, is poised for expansion through domestic content requirements under the Inflation Reduction Act. Europe focuses on sustainability, with firms emphasizing low-carbon production, while South America and the Middle East & Africa represent high-growth frontiers as solar penetrates off-grid and industrial applications.
Competition is fierce, with players differentiating through certifications like UL and IEC, which assure performance under IEC 61215 standards for 1,000+ hours of damp heat testing. Mergers, such as potential consolidations among Chinese suppliers, and expansions—like new plants in Vietnam—signal a maturing industry. For stakeholders, understanding these nuances via SWOT analyses reveals strengths in scalability but weaknesses in dependency on petrochemical feedstocks, offset by opportunities in green chemistry.
Looking ahead, the value chain—from ethylene sourcing to film extrusion and lamination—will see digital twins and AI integration for predictive maintenance, reducing defects by 15-20%. Porter’s Five Forces indicate moderate supplier power due to commoditized inputs, but high barriers to entry from R&D costs keep rivalry intense. Ultimately, these top companies are not just suppliers; they are enablers of a sunnier, more sustainable future, powering the photovoltaic revolution one layer at a time.
Investors and strategists should note the report’s emphasis on niche segments, such as films for floating solar or agrivoltaics, which could yield premium margins. With post-sales support and customizable insights, this analysis equips decision-makers to navigate the market’s promising trajectory toward 2032.