The Global EVA Film Market was valued at USD 750 Million in 2023 and is projected to reach USD 1.8 Billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 11.5% during the forecast period (2023–2031). This growth is being driven by the surging demand for solar photovoltaic (PV) modules, expanding applications in laminated safety glass for automotive and construction sectors, and the increasing focus on durable, high-performance encapsulation materials to enhance energy efficiency and longevity in renewable energy systems.

As the renewable energy sector accelerates toward sustainable and efficient technologies, the attention turns to the pivotal manufacturers who are pioneering advancements in ethylene-vinyl acetate (EVA) films. These materials are essential for encapsulating solar cells, providing optical clarity, adhesion, and protection against environmental stresses. In this blog, we profile the Top 10 Companies in the Global EVA Film Market—a blend of chemical giants, specialized material producers, and innovative PV suppliers shaping the future of solar energy and lamination technologies.

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🔟 1. STR Holdings

Headquarters: Enfield, Connecticut, USA
Key Offering: Fast Cure EVA encapsulants, UV-stabilized EVA films for PV modules

STR Holdings stands as a veteran in the EVA film industry, renowned for its high-quality encapsulants that have been integral to solar panel production since the early days of photovoltaic technology. The company supplies EVA films that offer superior moisture resistance and mechanical strength, catering primarily to the PV module manufacturers worldwide. With a focus on reliability, STR Holdings continues to support the scalability of solar energy deployments through its consistent product performance.

Innovation Initiatives:

• Development of low-gel EVA formulations to minimize defects in module assembly

• Partnerships with leading solar manufacturers to optimize lamination processes

• Commitment to enhancing PID (Potential Induced Degradation) resistance in EVA films

Download FREE Sample Report: Global EVA Film Market – View in Detailed Research Report

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9️⃣ 2. Mitsui Chemicals

Headquarters: Tokyo, Japan
Key Offering: Solareze EVA films, high-transparency EVA for solar encapsulation

Mitsui Chemicals operates on a global scale, providing advanced polymer solutions including EVA films tailored for the photovoltaic industry. Their products are engineered for excellent adhesion to glass and backsheets, ensuring long-term durability in harsh weather conditions. The company’s extensive R&D capabilities allow it to meet the evolving needs of solar energy producers in Asia-Pacific and beyond.

Innovation Initiatives:

• Investment in anti-PID EVA films to improve module efficiency

• Collaborations with PV equipment suppliers for seamless integration

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8️⃣ 3. Bridgestone

Headquarters: Tokyo, Japan
Key Offering: EVA encapsulants for PV and automotive lamination, durable EVA sheets

Bridgestone, best known for tires, has diversified into advanced materials with its EVA films used in solar module encapsulation and laminated glass applications. These films provide robust protection and optical properties, supporting both renewable energy and safety glass markets. The company’s global manufacturing network ensures reliable supply chains for large-scale projects.

Innovation Initiatives:

• Targets for producing 500,000 tons of advanced polymers annually by 2030

• Expansion in EVA film production for emerging solar markets

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7️⃣ 4. Sekisui Chemical

Headquarters: Osaka, Japan
Key Offering: Evalam EVA interlayers, specialized EVA for laminated glass and PV

Sekisui Chemical is a prominent player in the chemical sector, offering EVA films that excel in interlayer applications for safety glass and solar panels. Their products are valued for high clarity and strong bonding, making them ideal for architectural and automotive uses. Sekisui’s commitment to sustainability drives continuous improvements in material recyclability.

Innovation Initiatives:

• Goal to incorporate 20% recycled content in EVA films by 2030

• Japan’s leading facility for EVA film extrusion and testing

Download FREE Sample Report: Global EVA Film Market – View in Detailed Research Report

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6️⃣ 5. 3M

Headquarters: St. Paul, Minnesota, USA
Key Offering: EVA films for solar encapsulation, adhesive EVA interlayers

3M brings its expertise in adhesives and materials science to the EVA film market, producing films that enhance the performance of PV modules through superior light transmission and durability. The company’s diversified portfolio allows it to serve multiple sectors, from electronics to construction, with innovative EVA solutions that withstand extreme conditions.

Innovation Initiatives:

• Deployment of EVA films in certified solar projects globally

• Aim for carbon-neutral operations in material production

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5️⃣ 6. Folienwerk Wolfen

Headquarters: Bitterfeld-Wolfen, Germany
Key Offering: K-FILM EVA encapsulants, white and transparent EVA for PV

Folienwerk Wolfen specializes in polymer films, with its EVA products leading in the European solar market. These films are designed for high-volume PV production, offering excellent electrical insulation and thermal stability. The company’s focus on quality control has made it a trusted partner for module assemblers across the continent.

Innovation Initiatives:

• Annual production capacity exceeding 50,000 tons of EVA films

• Expansion plans to double output by 2026 for renewable applications

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4️⃣ 7. SWM (Mativ Holdings)

Headquarters: Alpharetta, Georgia, USA
Key Offering: EVA films for advanced encapsulation, specialty EVA for electronics

SWM provides comprehensive material solutions, including EVA films that support the encapsulation needs of the solar industry. Their products feature enhanced UV resistance and are compatible with automated lamination lines, helping manufacturers achieve higher yields. As part of Mativ Holdings, SWM leverages a broad network to innovate in sustainable materials.

Innovation Initiatives:

• Bio-based additives in EVA formulations to reduce environmental impact

• R&D focused on next-generation films for bifacial solar modules

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3️⃣ 8. Hangzhou First Applied Material

Headquarters: Hangzhou, China
Key Offering: POE and EVA films for PV encapsulation, anti-PID variants

Hangzhou First Applied Material is a key supplier in China’s dominant solar market, producing cost-effective EVA films that meet international standards for PV applications. Their emphasis on rapid curing and high transmittance has positioned them as a go-to for large-scale solar farm developers in Asia.

Innovation Initiatives:

• Local R&D for customized EVA solutions in high-humidity environments

• Joint ventures to expand global distribution of sustainable encapsulants

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2️⃣ 9. Changzhou Sveck Photovoltaic New Material

Headquarters: Changzhou, China
Key Offering: High-performance EVA films, fast-cure EVA for module lamination

Changzhou Sveck excels in photovoltaic materials, offering EVA films optimized for efficiency in solar cell protection and energy yield. The company’s production facilities in China enable competitive pricing while maintaining quality, serving both domestic and export markets with reliable encapsulation solutions.

Innovation Initiatives:

• Plans to produce 100,000 tons of advanced EVA annually

• Integration of smart manufacturing for consistent film quality

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1️⃣ 10. Shanghai HIUV New Materials

Headquarters: Shanghai, China
Key Offering: UV-curable EVA films, premium EVA for PV and glass lamination

Shanghai HIUV New Materials leads with cutting-edge EVA films that incorporate UV stabilization for prolonged module life. Specializing in both standard and specialized variants, the company supports the rapid growth of solar installations worldwide, particularly in high-growth regions like Asia and Europe.

Innovation Initiatives:

• Comprehensive solutions for end-to-end PV supply chains

• Alliances with module producers to advance anti-PID technologies

Read Full Report: Global EVA Film Market – View in Detailed Research Report

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🌍 Outlook: The Future of EVA Film Is Greener and More Efficient

The EVA film market is undergoing a dynamic shift. While traditional applications persist, the sector is channeling significant resources into high-efficiency variants, anti-PID technologies, and sustainable production methods to align with global renewable energy targets.

This evolution is not happening in isolation. The push for net-zero emissions has amplified the need for materials that extend the lifespan of solar panels and improve their performance under diverse conditions. Companies are investing in R&D to develop EVA films with better recyclability and lower carbon footprints, responding to regulatory pressures in regions like the European Union and the United States. For instance, the integration of bio-based components in EVA formulations is gaining traction, potentially reducing reliance on petrochemical feedstocks.

Furthermore, the rise of bifacial solar modules and flexible PV technologies demands EVA films with enhanced flexibility and adhesion properties. Manufacturers are adapting by innovating in co-extrusion processes that allow for multi-layer films, combining EVA with other polymers like POE for superior moisture vapor transmission rates. These advancements are crucial as the solar industry scales to meet ambitious capacity goals, such as the International Energy Agency’s projection of over 1 terawatt of annual PV installations by 2030.

In the laminated glass segment, EVA films are seeing increased adoption in automotive windshields and architectural facades due to their acoustic damping and safety features. However, challenges like raw material price volatility and supply chain disruptions from geopolitical tensions continue to test the resilience of market players. Despite these hurdles, strategic expansions in production capacities, particularly in Asia-Pacific, are poised to stabilize supplies and foster growth.

Looking ahead, digitalization plays a pivotal role. IoT-enabled monitoring of lamination processes and AI-driven quality control are emerging trends that promise to reduce defects and optimize energy use in manufacturing. Moreover, collaborations between EVA film producers and solar OEMs are accelerating the commercialization of next-gen encapsulants that support higher wattage modules.

📈 Key Trends Shaping the Market:

• Explosive growth in PV encapsulation demand driven by solar capacity expansions in Asia and North America

• Regulatory incentives for sustainable materials, including mandates for recyclable encapsulants by 2030

• Advancements in anti-PID and UV-resistant EVA films to boost module reliability

• Strategic alliances between chemical firms and renewable energy developers for customized solutions

Read Full Report: Global EVA Film Market – View in Detailed Research Report

The companies highlighted here are not only encapsulating the core of solar innovation—they’re propelling the global shift toward sustainable energy infrastructure.

To delve deeper into market dynamics, including detailed segment analysis by type (Normal EVA Film and Anti-PID EVA Film), application (PV Modules, Laminated Glass, and Others), sales channels (Direct and Distribution), and regional breakdowns (North America, Europe, Asia-Pacific, South America, and Middle East & Africa), the comprehensive report offers invaluable insights. It also examines the lingering effects of COVID-19 on supply chains and forecasts post-pandemic recovery strategies. With rigorous methodology involving primary interviews with industry leaders and secondary data from reliable sources, this analysis equips stakeholders with actionable intelligence for navigating the competitive landscape.

Understanding the drivers—such as the boom in renewable energy investments and barriers like fluctuating vinyl acetate monomer prices—is essential. Opportunities abound in emerging markets where solar adoption is accelerating, while threats from alternative encapsulants like POE require vigilant innovation. The report’s professional advice on post-COVID strategies emphasizes diversification and sustainability to thrive in this dynamic environment.

In summary, the EVA film market’s trajectory underscores its critical role in the energy transition. As solar and lamination applications evolve, these top players will continue to lead with groundbreaking materials that power a cleaner future.