Western Market Research Predicts that Solar EVA Market was valued USD 5.82 Billion in 2025 and is expected to reach USD 16.44 Billion by the year 2036, growing at a CAGR of 10.2% globally.
Global Solar EVA Market Overview
The Global Solar EVA (Ethylene Vinyl Acetate) Market Report 2026 comes with an extensive industry analysis of development components, patterns, flows, and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2026-2036. This research study of Solar EVA involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies, and the technical progress in related industry.
Solar EVA is a copolymer resin used as an encapsulant for solar modules. It serves as a critical protective layer for the delicate solar cells, providing structural support, electrical insulation, and protection against environmental factors such as moisture, UV radiation, and mechanical stress. The rapid expansion of solar photovoltaic (PV) installations worldwide, driven by the global transition toward renewable energy, has positioned the Solar EVA market as a cornerstone of the green energy supply chain.
Market Description
The Solar EVA market is fundamentally tied to the health and growth of the solar PV module industry. As solar cells become more efficient and thinner, the role of the encapsulant becomes even more vital. EVA film is preferred because of its excellent transparency, which allows maximum sunlight to reach the solar cells, and its strong adhesive properties that bond the glass, cells, and backsheet together during the lamination process.
The market is currently witnessing a transition from standard EVA to high-performance variants. With the rise of high-efficiency cell technologies like PERC (Passivated Emitter and Rear Cell), TOPCon (Tunnel Oxide Passivated Contact), and HJT (Heterojunction Technology), there is an increasing demand for encapsulants that can prevent Potential Induced Degradation (PID). PID is a phenomenon where leakage currents cause power loss in modules; hence, the development of specialized "Anti-PID" EVA films has become a major market trend. Furthermore, the industry is exploring ultra-fast cure EVA to speed up the manufacturing process of solar modules, thereby reducing overall production costs.
Impact of COVID-19 on Solar EVA Market
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) were significantly felt in 2020. In the early stages of the pandemic, the Solar EVA market faced severe disruptions. Since China is the primary global hub for both EVA resin production and solar module assembly, the localized lockdowns led to a massive supply chain bottleneck.
Construction of solar farms was delayed globally due to labor shortages and logistics constraints. However, the pandemic also acted as a catalyst for "Green Recovery" programs. Many governments, particularly in Europe and North America, integrated renewable energy incentives into their economic stimulus packages. By mid-2021, the market saw a sharp rebound as pent-up demand and renewed climate commitments led to a record-breaking number of new solar installations. The volatility in raw material prices (specifically ethylene and vinyl acetate monomer) during the pandemic remains a cautionary lesson for the industry regarding supply chain resilience.
Global Solar EVA Market Segmentation
The market is segmented based on the specific chemical formulation of the film and its final application within the solar module architecture.
By Type, the Solar EVA market has been segmented into:
-
Regular EVA: The standard encapsulant used for traditional silicon solar modules, valued for its cost-effectiveness and reliable performance.
-
Anti-PID EVA: A specialized formulation designed to minimize potential induced degradation, essential for high-voltage utility-scale solar projects.
-
Others: Includes ultra-fast cure EVA, white EVA (used to increase light reflection within the module), and cross-linked specialized films.
By Application, the Solar EVA market has been segmented into:
-
Silicon Solar Cells Module: The dominant application segment, covering both monocrystalline and polycrystalline silicon modules used in residential and utility sectors.
-
Thin Film Module: Application in CIGS (Copper Indium Gallium Selenide) and CdTe (Cadmium Telluride) modules which require specific moisture barrier properties.
-
Others: Includes emerging applications such as Building-Integrated Photovoltaics (BIPV) and concentrated solar power components.
Regional Analysis
The Asia-Pacific region, led by China, dominates the global Solar EVA market, accounting for more than 60% of total production and consumption. This is due to the concentration of solar module manufacturing giants in the region. North America is expected to see significant growth driven by the Inflation Reduction Act (IRA) in the United States, which incentivizes domestic solar component manufacturing. Europe remains a key market for high-quality, high-durability EVA films, supported by its aggressive "Fit for 55" climate goals.
Top Key Players Covered in Solar EVA market are:
-
STR
-
Mitsui Chemicals
-
SKC
-
Hanwha Chemical
-
TPI Polene
-
Sanvic Inc.
-
Sekisui
-
EVASA
-
Jin Heung
-
Bridgestone Corporation
-
Tex Year
-
Lucent CleanEnergy
-
SPOLYTECH
-
First PV
-
Changzhou Sveck
-
HiUV
-
Zhejiang FeiYu
-
Guangzhou Lushan
-
Zhuji Fenghua
-
Jiangsu Akcome
-
Hangzhou Xinfu
-
Zhejiang Sinopont
-
Dong Guan Yonggu
-
Linan Shangmei
-
Hangzhou Dongguang
-
Wenzhou RuiYang
DROT Analysis (Drivers, Restraints, Opportunities, Threats)
Drivers:
The primary driver is the global push for net-zero emissions, which has led to a massive increase in solar capacity targets. Additionally, the declining cost of solar PV systems has made solar the cheapest source of new electricity in many parts of the world. The shift toward bifacial solar modules (which capture light from both sides) has also doubled the requirement for encapsulants per module in some configurations, significantly boosting EVA demand.
Restraints:
The primary restraint is the technical competition from Polyolefin Elastomer (POE) films. POE offers better water vapor transmission rates and higher PID resistance than EVA, making it a preferred choice for N-type modules. While EVA is cheaper, the superior technical performance of POE in specific high-efficiency modules poses a long-term challenge to EVA’s market dominance.
Opportunities:
There is a massive opportunity in the development of "EPE" (EVA-POE-EVA) co-extruded films, which combine the cost benefits of EVA with the technical performance of POE. Furthermore, the expansion of the solar market into emerging economies in Africa and Southeast Asia provides a new frontier for volume growth.
Threats:
Raw material price volatility is a major threat. EVA resin production is dependent on the petrochemical industry, and any surge in crude oil or ethylene prices directly impacts the margins of EVA film manufacturers. Additionally, overcapacity in the Chinese market could lead to price wars, affecting the profitability of global players.
Value Chain Analysis
The Solar EVA value chain is highly integrated with the petrochemical and solar industries.
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Raw Material Supply: The chain starts with the production of Ethylene and Vinyl Acetate Monomer (VAM). These are synthesized into EVA resin by chemical giants.
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EVA Film Extrusion: Key Players like Changzhou Sveck or Mitsui Chemicals purchase the resin and use specialized extrusion machinery to produce thin, uniform rolls of Solar EVA film.
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Module Assembly: The film is sold to solar module manufacturers. During assembly, the "sandwich" (glass, EVA, solar cells, EVA, backsheet) is placed in a laminator.
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Lamination: Under heat and vacuum, the EVA melts and cross-links, encapsulating the cells and creating a permanent bond.
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End-Use: The finished modules are deployed in residential rooftops, commercial buildings, or utility-scale solar farms.
Outlook
The outlook for the global Solar EVA market remains positive but highly competitive. By 2036, the market will likely be split between standard EVA for low-cost modules and high-tech Anti-PID or co-extruded films for high-efficiency modules. As the industry moves toward circularity, the development of recyclable EVA formulations will become a major differentiator. While POE will capture a larger share of the high-end market, EVA's established supply chain, lower cost, and ease of processing will ensure it remains the dominant encapsulant for the foreseeable future. The continued technological progress in related industries, such as more efficient lamination machines and improved resin purity, will drive the CAGR of 10.2% through the next decade.
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1. Market Overview of Solar EVA
1.1 Solar EVA Market Overview
1.1.1 Solar EVA Product Scope
1.1.2 Market Status and Outlook
1.2 Solar EVA Market Size by Regions:
1.3 Solar EVA Historic Market Size by Regions
1.4 Solar EVA Forecasted Market Size by Regions
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Solar EVA Sales Market by Type
2.1 Global Solar EVA Historic Market Size by Type
2.2 Global Solar EVA Forecasted Market Size by Type
2.3 Regular EVA
2.4 Anti-PID EVA
2.5 Others
3. Covid-19 Impact Solar EVA Sales Market by Application
3.1 Global Solar EVA Historic Market Size by Application
3.2 Global Solar EVA Forecasted Market Size by Application
3.3 Silicon Solar Cells Module
3.4 Thin Film Module
3.5 Others
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global Solar EVA Production Capacity Market Share by Manufacturers
4.2 Global Solar EVA Revenue Market Share by Manufacturers
4.3 Global Solar EVA Average Price by Manufacturers
5. Company Profiles and Key Figures in Solar EVA Business
5.1 STR
5.1.1 STR Company Profile
5.1.2 STR Solar EVA Product Specification
5.1.3 STR Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.2 Mitsui Chemicals
5.2.1 Mitsui Chemicals Company Profile
5.2.2 Mitsui Chemicals Solar EVA Product Specification
5.2.3 Mitsui Chemicals Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.3 SKC
5.3.1 SKC Company Profile
5.3.2 SKC Solar EVA Product Specification
5.3.3 SKC Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.4 Hanwha Chemical
5.4.1 Hanwha Chemical Company Profile
5.4.2 Hanwha Chemical Solar EVA Product Specification
5.4.3 Hanwha Chemical Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.5 TPI Polene
5.5.1 TPI Polene Company Profile
5.5.2 TPI Polene Solar EVA Product Specification
5.5.3 TPI Polene Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.6 Sanvic Inc.
5.6.1 Sanvic Inc. Company Profile
5.6.2 Sanvic Inc. Solar EVA Product Specification
5.6.3 Sanvic Inc. Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.7 Sekisui
5.7.1 Sekisui Company Profile
5.7.2 Sekisui Solar EVA Product Specification
5.7.3 Sekisui Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.8 EVASA
5.8.1 EVASA Company Profile
5.8.2 EVASA Solar EVA Product Specification
5.8.3 EVASA Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.9 Jin Heung
5.9.1 Jin Heung Company Profile
5.9.2 Jin Heung Solar EVA Product Specification
5.9.3 Jin Heung Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.10 Bridgestone Corporation
5.10.1 Bridgestone Corporation Company Profile
5.10.2 Bridgestone Corporation Solar EVA Product Specification
5.10.3 Bridgestone Corporation Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.11 Tex Year
5.11.1 Tex Year Company Profile
5.11.2 Tex Year Solar EVA Product Specification
5.11.3 Tex Year Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.12 Lucent CleanEnergy
5.12.1 Lucent CleanEnergy Company Profile
5.12.2 Lucent CleanEnergy Solar EVA Product Specification
5.12.3 Lucent CleanEnergy Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.13 SPOLYTECH
5.13.1 SPOLYTECH Company Profile
5.13.2 SPOLYTECH Solar EVA Product Specification
5.13.3 SPOLYTECH Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.14 First PV
5.14.1 First PV Company Profile
5.14.2 First PV Solar EVA Product Specification
5.14.3 First PV Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.15 Changzhou Sveck
5.15.1 Changzhou Sveck Company Profile
5.15.2 Changzhou Sveck Solar EVA Product Specification
5.15.3 Changzhou Sveck Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.16 HiUV
5.16.1 HiUV Company Profile
5.16.2 HiUV Solar EVA Product Specification
5.16.3 HiUV Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.17 Zhejiang FeiYu
5.17.1 Zhejiang FeiYu Company Profile
5.17.2 Zhejiang FeiYu Solar EVA Product Specification
5.17.3 Zhejiang FeiYu Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.18 Guangzhou Lushan
5.18.1 Guangzhou Lushan Company Profile
5.18.2 Guangzhou Lushan Solar EVA Product Specification
5.18.3 Guangzhou Lushan Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.19 Zhuji Fenghua
5.19.1 Zhuji Fenghua Company Profile
5.19.2 Zhuji Fenghua Solar EVA Product Specification
5.19.3 Zhuji Fenghua Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.20 Jiangsu Akcome
5.20.1 Jiangsu Akcome Company Profile
5.20.2 Jiangsu Akcome Solar EVA Product Specification
5.20.3 Jiangsu Akcome Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.21 Hangzhou Xinfu
5.21.1 Hangzhou Xinfu Company Profile
5.21.2 Hangzhou Xinfu Solar EVA Product Specification
5.21.3 Hangzhou Xinfu Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.22 Zhejiang Sinopont
5.22.1 Zhejiang Sinopont Company Profile
5.22.2 Zhejiang Sinopont Solar EVA Product Specification
5.22.3 Zhejiang Sinopont Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.23 Dong Guan Yonggu
5.23.1 Dong Guan Yonggu Company Profile
5.23.2 Dong Guan Yonggu Solar EVA Product Specification
5.23.3 Dong Guan Yonggu Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.24 Linan Shangmei
5.24.1 Linan Shangmei Company Profile
5.24.2 Linan Shangmei Solar EVA Product Specification
5.24.3 Linan Shangmei Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.25 Hangzhou Dongguang
5.25.1 Hangzhou Dongguang Company Profile
5.25.2 Hangzhou Dongguang Solar EVA Product Specification
5.25.3 Hangzhou Dongguang Solar EVA Production Capacity, Revenue, Price and Gross Margin
5.26 Wenzhou RuiYang
5.26.1 Wenzhou RuiYang Company Profile
5.26.2 Wenzhou RuiYang Solar EVA Product Specification
5.26.3 Wenzhou RuiYang Solar EVA Production Capacity, Revenue, Price and Gross Margin
6. North America
6.1 North America Solar EVA Market Size
6.2 North America Solar EVA Key Players in North America
6.3 North America Solar EVA Market Size by Type
6.4 North America Solar EVA Market Size by Application
7. East Asia
7.1 East Asia Solar EVA Market Size
7.2 East Asia Solar EVA Key Players in North America
7.3 East Asia Solar EVA Market Size by Type
7.4 East Asia Solar EVA Market Size by Application
8. Europe
8.1 Europe Solar EVA Market Size
8.2 Europe Solar EVA Key Players in North America
8.3 Europe Solar EVA Market Size by Type
8.4 Europe Solar EVA Market Size by Application
9. South Asia
9.1 South Asia Solar EVA Market Size
9.2 South Asia Solar EVA Key Players in North America
9.3 South Asia Solar EVA Market Size by Type
9.4 South Asia Solar EVA Market Size by Application
10. Southeast Asia
10.1 Southeast Asia Solar EVA Market Size
10.2 Southeast Asia Solar EVA Key Players in North America
10.3 Southeast Asia Solar EVA Market Size by Type
10.4 Southeast Asia Solar EVA Market Size by Application
11. Middle East
11.1 Middle East Solar EVA Market Size
11.2 Middle East Solar EVA Key Players in North America
11.3 Middle East Solar EVA Market Size by Type
11.4 Middle East Solar EVA Market Size by Application
12. Africa
12.1 Africa Solar EVA Market Size
12.2 Africa Solar EVA Key Players in North America
12.3 Africa Solar EVA Market Size by Type
12.4 Africa Solar EVA Market Size by Application
13. Oceania
13.1 Oceania Solar EVA Market Size
13.2 Oceania Solar EVA Key Players in North America
13.3 Oceania Solar EVA Market Size by Type
13.4 Oceania Solar EVA Market Size by Application
14. South America
14.1 South America Solar EVA Market Size
14.2 South America Solar EVA Key Players in North America
14.3 South America Solar EVA Market Size by Type
14.4 South America Solar EVA Market Size by Application
15. Rest of the World
15.1 Rest of the World Solar EVA Market Size
15.2 Rest of the World Solar EVA Key Players in North America
15.3 Rest of the World Solar EVA Market Size by Type
15.4 Rest of the World Solar EVA Market Size by Application
16 Solar EVA Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter
Global Solar EVA Market Segmentation
The market is segmented based on the specific chemical formulation of the film and its final application within the solar module architecture.
By Type, the Solar EVA market has been segmented into:
-
Regular EVA: The standard encapsulant used for traditional silicon solar modules, valued for its cost-effectiveness and reliable performance.
-
Anti-PID EVA: A specialized formulation designed to minimize potential induced degradation, essential for high-voltage utility-scale solar projects.
-
Others: Includes ultra-fast cure EVA, white EVA (used to increase light reflection within the module), and cross-linked specialized films.
By Application, the Solar EVA market has been segmented into:
-
Silicon Solar Cells Module: The dominant application segment, covering both monocrystalline and polycrystalline silicon modules used in residential and utility sectors.
-
Thin Film Module: Application in CIGS (Copper Indium Gallium Selenide) and CdTe (Cadmium Telluride) modules which require specific moisture barrier properties.
-
Others: Includes emerging applications such as Building-Integrated Photovoltaics (BIPV) and concentrated solar power components.
Regional Analysis
The Asia-Pacific region, led by China, dominates the global Solar EVA market, accounting for more than 60% of total production and consumption. This is due to the concentration of solar module manufacturing giants in the region. North America is expected to see significant growth driven by the Inflation Reduction Act (IRA) in the United States, which incentivizes domestic solar component manufacturing. Europe remains a key market for high-quality, high-durability EVA films, supported by its aggressive "Fit for 55" climate goals.
Top Key Players Covered in Solar EVA market are:
-
STR
-
Mitsui Chemicals
-
SKC
-
Hanwha Chemical
-
TPI Polene
-
Sanvic Inc.
-
Sekisui
-
EVASA
-
Jin Heung
-
Bridgestone Corporation
-
Tex Year
-
Lucent CleanEnergy
-
SPOLYTECH
-
First PV
-
Changzhou Sveck
-
HiUV
-
Zhejiang FeiYu
-
Guangzhou Lushan
-
Zhuji Fenghua
-
Jiangsu Akcome
-
Hangzhou Xinfu
-
Zhejiang Sinopont
-
Dong Guan Yonggu
-
Linan Shangmei
-
Hangzhou Dongguang
-
Wenzhou RuiYang