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Yahoo
12-05-2025
- Business
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$11.25+ Bn EVA Films (Standard, Anti-PID) Markets - Global Forecast to 2029: Emerging Applications in Agriculture, Particularly in Greenhouse Coverings and Agricultural Mulch Films
Growth is driven by the increasing demand for versatile and durable EVA films in solar panel encapsulation, where they provide critical protection and efficiency for photovoltaic modules. The market is also bolstered by strong growth in the construction and automotive sectors. Key market segments include standard EVA films, extrusion production methods, and solar panel encapsulation applications. Asia Pacific emerges as the fastest-growing region due to rapid industrialization and infrastructure development, especially in solar energy. Major players in the market include H.B. Fuller, 3M, and JA Solar Technology. The report offers in-depth analysis of market dynamics and competitive strategies. EVA Films Market Dublin, May 12, 2025 (GLOBE NEWSWIRE) -- The "EVA Films Market by Type (Standard EVA Film, Anti-PID EVA Films), Production Method (Extrusion, Casting), Application (Solar Panel Encapsulation, Lamination, Heat Seal), End-Use Industry (Renewable Energy, Packaging, Automotive) - Global Forecast to 2029" has been added to offering. The EVA Films market is projected to grow from USD 7.43 billion in 2024 to USD 11.26 billion by 2029, experiencing a CAGR of 8.7% over the forecast period. The market's expansion is attributed to the versatility and durability of EVA films in numerous applications, particularly in the booming solar energy industry, which relies on these materials for encapsulating photovoltaic (PV) modules to ensure long-term efficiency and protection. The report segments the EVA Films market by type, form, end-use industry, and region, presenting a detailed analysis of key industry players. Insights into market drivers, opportunities, and challenges highlight significant trends and strategic growth opportunities. Moreover, the demand for high-performance packaging, laminated glass, and protective films in construction and automotive sectors is fueling further market growth. Advances in polymer science have enhanced the thermal stability, adhesion, and UV resistance of EVA films, broadening their application scope. Rising middle-class populations and increased urbanization and industrialization in developing nations escalate EVA film consumption in consumer goods, boosting market demand. Standard EVA Films are leading the type segment of the EVA Films market. Their rapid growth is due to their cost-effectiveness, balanced performance properties, and broad industry applicability. The films are celebrated for their flexibility, durability, and adhesion properties. High transparency and superior encapsulation properties contribute to their increasing popularity. Manufacturing ease and process compatibility make them a preferred choice for cost-efficient solutions. Extrusion is emerging as the fastest-growing production method within the EVA Films market. The extrusion process allows for efficient, scalable production, yielding films with uniform properties, consistent thickness, and improved mechanical characteristics. Manufacturers favor extrusion due to its cost-effectiveness, reducing material waste and labor expenses while enhancing energy efficiency. Investment in innovative extrusion technologies, such as multi-layer co-extrusion, facilitates tailored production capabilities. Solar Panel Encapsulation leads the application segment of the EVA Films market, driven by increasing attention to renewable energy technologies and the protective qualities of EVA films. The economic efficiency and processing benefits offered by EVA films make them the preferred choice among solar module manufacturers. Smoothing the lamination process and compatibility with automated systems enhances production efficiency and cuts costs, supporting the demand in the solar sector. Renewable Energy is the fastest-growing end-use industry for EVA films. Global transitions towards clean energy solutions, along with supportive government policies, fuel this growth. The inherent qualities of EVA films, such as optical transparency, UV resistance, and durability, improve solar panel performance and longevity, making them indispensable in renewable applications. Asia Pacific is the fastest-growing EVA films market, driven by rapid industrialization, infrastructure development, and investments in renewable energy. Major players in the region, including China and India, are spearheading solar energy generation and electronics manufacturing, increasing EVA film demand. China's dominance in solar panel manufacturing notably contributes to the uptake of EVA films globally. Interviews conducted with industry executives reveal that the EVA Films market includes major players such as H.B. Fuller (US), 3M (US), and JA Solar Technology Co., Ltd. (China), among others. The study provides a comprehensive competitive analysis showcasing company profiles, recent developments, and strategic insights. Key Benefits of Buying this Report: Industry analysis covering market trends and competitive landscape. Emerging high-growth segments and regions in the EVA Films market. Analysis of drivers like improved bond strength and thermal range, restraints like competition from alternatives, and opportunities in agriculture. Market development insights into emerging markets and production capacities. In-depth competitive assessment of leading market players. Key Attributes: Report Attribute Details No. of Pages 251 Forecast Period 2024 - 2029 Estimated Market Value (USD) in 2024 $7.43 Billion Forecasted Market Value (USD) by 2029 $11.26 Billion Compound Annual Growth Rate 8.7% Regions Covered Global Market Dynamics Drivers Increased Use in Various Applications Driven by Superior Durability, Flexibility, and Resilience Growth of Solar Energy Industry Restraints Competition from Other Materials with Similar Properties Opportunities Development of Eco-Friendly and Biodegradable Eva Film Solutions Emerging Applications in Agriculture, Particularly in Greenhouse Coverings and Agricultural Mulch Films Challenges Discoloration of Eva Films After Extended Exposure to Sunlight Limited Recyclability of Eva Films Poses Environmental Challenges Company Profiles H.B. Fuller Company 3M Ja Solar Technology Co. Ltd. Jiangsu Sveck Photovoltaic New Material Co. Ltd. Hangzhou First Applied Material Co. Ltd. Shanghai Hiuv New Materials Co. Ltd. Guangzhou Lushan New Materials Co. Ltd. Hanwha Group Cybrid Technologies Inc. Betterial Mativ Zhejiang Sinopont Technology Co. Ltd. Satinal Spa Folienwerk Wolfen GmbH Shenzhen Gaoren Electronic New Material Co. Ltd. Huizhou Baojun Material Technology Co. Ltd. Zonpak New Materials Co. Ltd. Lucent Cleanenergy Dr. Hans Werner Chemikalien Hangzhou Xindongke Energy Technology Co. Ltd. Dana Poly, Inc. E&N Film Tech Co. Ltd. Fangding Technology Co. Ltd. Huichi Industrial Development Co. Ltd. Rich Big Enterprise Co. Ltd. Novopolymers Enerlite Solar Films India Private Limited Crown Advanced Material Co. Ltd. Fuyin Group For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment EVA Films Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
28-02-2025
- Business
- Yahoo
EVA Films Market worth $11.26 billion by 2029 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., Feb. 28, 2025 /PRNewswire/ -- The report "EVA Films Market by Type (Standard EVA Film, Anti-PID EVA Films), Production Method (Extrusion, Casting), Application (Solar Panel Encapsulation, Lamination, Heat Seal), End-Use Industry (Renewable Energy, Packaging, Automotive) - Global Forecast to 2029", EVA Films market size is projected to grow from USD 7.43 billion in 2024 to USD 11.26 billion by 2029, registering a CAGR of 8.7% during the forecast period. EVA films are specialty plastic films with high flexibility, durability, and adhesive strength. They find extensive applications in solar energy, packaging, automotive, and electronic industries. The growing usage of renewable power, especially solar power, is the key growth driver for the EVA film market. Technological innovations, growing infrastructure development, and intensifying emphasis on sustainable, lightweight, and long-lasting materials add further momentum to the demand for EVA films in most industries. Their affordability and versatility make them indispensable in modern manufacturing and innovation. Browse in-depth TOC on "EVA Films Market"100 – Tables30 – Figures251 – Pages Download PDF Brochure: Anti-PID EVA is anticipated to be the second largest segment in EVA Films Market segment, by type, during the forecast period. Anti-PID EVA films represent the second largest market share in the EVA film market mainly because of the growing demand for high-performance solar panels and photovoltaic (PV) modules. PID is a significant problem in solar energy systems, where leakage currents between the solar cells and the frame cause serious power loss over time. To reduce this challenge, anti-PID EVA films are designed with improved insulation and minimized ion mobility, guaranteeing long-term durability and solar panel efficiency. In response to the global drive towards renewable energy, solar manufacturers focus on materials that improve solar module lifespan and performance. Anti-PID EVA films have an essential role in this context by ensuring power output, low maintenance costs, and long-term return on investment for solar power plant operators. In addition, with the development of large-scale solar farms and rooftop solar installations, developers require materials that ensure low-efficiency loss and degradation, hence anti-PID EVA films are a developer's choice. Casting is anticipated to be the second largest segment EVA Films Market segment, by production method, during the forecast period. The casting manufacturing process holds the second-largest market share in the EVA film market because of its capability to manufacture high-quality films with high optical clarity, even thickness, and good mechanical properties. Increasing demand for high-performance solar panels has contributed highly to the uptake of the casting process since it generates EVA films with very few defects, high light transmission, and high adhesion strength. These properties are critical to ensuring the efficiency and longevity of photovoltaic (PV) modules, providing maximum power output over long periods. The need for safety and energy-efficient building materials has grown in recent years, further increasing the market share of cast EVA films. Additionally, in the food and pharmaceutical packaging industries, where transparency and flexibility are critical, cast EVA films are preferred due to their smooth surface, excellent sealability, and strong barrier properties against moisture and contaminants. Request Sample Pages: Lamination is anticipated to be the second largest segment EVA Films Market segment, by application, during the forecast period. Lamination applications account for the second-largest market share of EVA films because they are extensively applied across the construction, automotive, and photovoltaic industries. EVA films are essential interlayers in laminated glass, which improves safety, durability, and optical performance. Laminated glass with EVA films is heavily utilized in the building construction sector in facades, windows, doors, skylights, and glass partitions to deliver enhanced impact resistance, UV protection, and sound insulation. EVA films provide outstanding adhesion, resistance to moisture, and long-term stability, which have made them a choice for high-performance laminated glass in contemporary architectural styles. Further, the increasing popularity of green buildings and smart buildings has also fueled the demand for laminated glass made from EVA, which offers increased thermal insulation and energy efficiency. Further, advances in technology in the manufacturing of EVA film, such as increased cross-linking and improved thermal stability, have increased their application in different lamination applications. Construction is anticipated to be the second largest segment EVA Films Market segment, by end-use industry, during the forecast period. The construction end-use industry holds the second-largest market share in the EVA film market because of its widespread uses in architectural glass lamination, safety glazing, and energy-efficient building products. The use of EVA films in laminated glass is vital and has a massive application in today's construction works for windows, doors, facade, skylights, balustrades, and partitions. The growing need for high-performance, long-lasting, and visually attractive glass structures has played a major role in the use of EVA films in construction. EVA films ensure excellent adhesion, good resistance to water and UV exposure, and better durability, and therefore are best suited for architectural uses in residential, commercial, and industrial buildings. Sustained industrialization, growing investments in smart cities, and government development projects continue to propel EVA film use in construction applications. Emphasizing safety, sustainability, and energy efficiency, the construction industry continues to be a vital driver of the overall market for EVA film. Request Customization: North America is expected to be the second largest region in the global EVA Films Market, by region, during the forecast period. North America accounts for the second-largest market share in the global EVA films market owing to a range of factors such as the established solar energy industry in the region, strong construction sector, and rising demand for high-quality laminated glass for automotive and architectural uses. The United States and Canada are two of the most prominent countries to adopt solar power based on government incentives, positive policies, and the accelerating move towards renewable energy. EVA films are also important in solar panel encapsulation, safeguarding photovoltaic cells from degradation due to the environment while improving their efficiency and lifespan. The increased number of solar farms and household solar panel installations in North America has been a major driver of the heightened demand for EVA films. With a wide base of principal manufacturers, ongoing technology innovations in polymer, and increasing investment in renewable power projects and infrastructure schemes, North America is one of the strong drivers in the market for EVA films. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the EVA Films Market. H.B. Fuller (US), 3M (US), JA Solar Technology Co., Ltd. (China), Jiangsu Sveck Photovoltaic New Material Co., Ltd. (China), HANGZHOU FIRST APPLIED MATERIAL CO., LTD. (China), Shanghai HIUV New Materials Co., Ltd. (China), Guangzhou Lushan New Materials Co., Ltd. (China), Hanwha Group (South Korea), Cybrid Technologies Inc. (China), Betterial (China), Mativ (US) and Zhejiang Sinopont Technology Co., Ltd. (China). Get access to the latest updates on EVA Films Companies and EVA Films Market Size Browse Adjacent Market: Resins and Polymers Market Research Reports & Consulting Related Reports: Ethylene Vinyl Acetate Market - Global Forecast to 2026 Metalworking Fluids Market - Global Forecast to 2029 Industrial Lubricants Market - Global Forecast to 2029 Pressure Sensitive Adhesives Market - Global Forecast to 2029 Refractories Market - Global Forecast to 2029 Construction Glass Market - Global Forecast to 2029 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. 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