Outlook for EVA film for solar modules

Today, India is the world's third largest producer of renewable energy, with 40% of its installed electricity capacity coming from non-fossil fuel sources.

Green energy is the most talked-about topic at present. Undoubtedly, solar energy leads.

TIt is a wide belief among industries that here will be a growth in the supply of ethylene vinyl acetate (EVA) film since encapsulant sheet is a key material that determines the quality and lifespan of modules. Major application for such sheet is module encapsulation, during which solar cells are encapsulated and assembled into the space between glass and backsheet. Encapsulant sheet works to protect solar cells and enhance efficiency of modules.

The global EVA Film market size was valued at USD 96.2 million in 2022 and is expected to expand at a CAGR of 3.28Percent during the forecast period, reaching USD 116.77 million by 2028.