Top 10 Companies in the Photovoltaic PVB Film Market (2025): Industry Leaders Driving Solar Panel Efficiency

In Business Insights
November 01, 2025

The Global Photovoltaic PVB Film Market was valued at USD 97.82 Million in 2023 and is projected to reach USD 123.06 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.90% during the forecast period (2024-2029). This growth is being driven by expanding solar energy deployments, rising demand for building-integrated photovoltaics (BIPV), and the accelerating adoption of high-performance encapsulation materials for durable solar panel manufacturing.

As the renewable energy industry transforms toward more efficient and sustainable solar solutions, the spotlight is on the key material suppliers who are driving innovation, reliability, and enhanced performance pathways. In this blog, we profile the Top 10 Companies in the Photovoltaic PVB Film Industry—a mix of chemical innovators, specialty material producers, and PVB technology pioneers shaping the future of global solar power generation.


🔟 1. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: Standard PVB Film, High-Performance PVB Film

Eastman Chemical is a global leader in specialty materials and PVB interlayer technology, offering advanced encapsulation films for photovoltaic modules across international markets. Their solar division serves panel manufacturers, BIPV developers, and utility-scale solar projects, with continuous investments in enhanced adhesion, clarity, and long-term durability technologies.

Innovation Initiatives:

  • Developing next-generation PVB formulations for bifacial panels

  • Strategic partnerships with major solar manufacturers

  • Expanding global production capacity for renewable energy materials

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


9️⃣ 2. Sekisui Chemical Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Standard PVB, High-Clarity PVB, Reflective PVB Films

Sekisui Chemical operates in more than 40 countries and supplies PVB films for millions of solar panels annually. It is a significant player in PVB technology development and manufacturing, aiming to meet both cost-effectiveness and long-term performance targets in the solar sector.

Innovation Initiatives:

  • Advanced TPE encapsulation technology research

  • Collaboration with research institutes and solar manufacturers to optimize product performance


8️⃣ 3. Kuraray Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Standard Trosifol PVB Film, Specialty PVB Formulations

Kuraray’s PVB film division is expanding its renewable energy material portfolio with enhanced UV-resistant and high-transmission formulations. The company is also engaged in cross-linking technologies to support solar panel module durability goals.

Innovation Initiatives:

  • Proprietary manufacturing processes ensuring consistent quality

  • Global supply chain expansion to meet growing solar market demands


7️⃣ 4. EVERLAM

Headquarters: Istanbul, Turkey
Key Offering: EVERLAM PVB Film, Clear and Opaque Variants

EVERLAM is one of Europe’s leading PVB film producers, serving both conventional solar panel manufacturers and specialized BIPV applications. The company is heavily invested in advanced manufacturing technologies and quality control processes.

Innovation Initiatives:

  • Continuous R&D on thermal performance and edge stability

  • Customizable PVB film solutions for specific solar applications

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


6️⃣ 5. ChangChun Group

Headquarters: Taipei, Taiwan
Key Offering: PVB Film for Solar Modules, BIPV Specialized Films

ChangChun Group’s PVB film division delivers encapsulation materials to solar panel factories across Asia, Europe, and North America. The company provides specialized formulations and technical support services for optimal solar cell protection.

Innovation Initiatives:

  • Vertical integration from raw materials to finished PVB film

  • Focus on cost-competitive solutions for mass solar production


5️⃣ 6. Kingboard Chemical Holdings Ltd.

Headquarters: Hong Kong
Key Offering: Kingboard PVB Film Series

Kingboard Chemical is a major player in PVB film manufacturing with extensive production facilities in mainland China. The company specializes in producing PVB films tailored for various photovoltaic applications and climate conditions.

Innovation Initiatives:

  • Strong presence in Asian solar manufacturing markets

  • Investment in automated production lines for high-volume output


4️⃣ 7. Huakai Plastic Co., Ltd.

Headquarters: Zhejiang, China
Key Offering: Standard PVB Films for Solar Industry

Huakai Plastic serves numerous solar panel manufacturers with PVB encapsulation materials and has established itself as a reliable regional supplier in the Chinese photovoltaic market.

Innovation Initiatives:

  • Development of cost-effective PVB solutions for emerging solar markets

  • Focus on local market preferences and technical requirements


3️⃣ 8. Zhejiang Decent Plastic Co., Ltd.

Headquarters: Zhejiang, China
Key Offering: PVB Encapsulation Film Series

Zhejiang Decent Plastic specializes in manufacturing PVB films specifically for photovoltaic applications with emphasis on product consistency and reliability.

Innovation Initiatives:

  • Expanding production capacity to meet domestic solar manufacturing demands

  • Quality improvement initiatives to meet international standards


2️⃣ 9. Xinfu Pharm Co., Ltd.

Headquarters: Jiangsu, China
Key Offering: High-Quality PVB Film for Solar Modules

Xinfu Pharm has developed specialized PVB formulations for photovoltaic applications and maintains consistent quality control throughout the manufacturing process.

Innovation Initiatives:

  • Integration of pharmaceutical-grade quality standards into PVB film production

  • R&D focus on enhanced moisture barrier properties


1️⃣ 10. Rehone Plastic Co., Ltd.

Headquarters: Jiangsu, China
Key Offering: Rehone PVB Film Products

Rehone Plastic specializes in PVB film manufacturing with emphasis on cost efficiency and reliable performance for solar panel producers.

Innovation Initiatives:

  • Process optimization for energy-efficient manufacturing

  • Development of customized solutions for specific photovoltaic applications

Get Full Report Here:
Global Photovoltaic PVB Film Market – View in Detailed Research Report


🌍 Outlook: The Future of Photovoltaic PVB Film Is More Efficient and Durable

The photovoltaic PVB film market is undergoing a significant transformation. While standard films continue to dominate in volume, the industry is investing substantially in advanced formulations, manufacturing technologies, and specialized application solutions.

📈 Key Trends Shaping the Market:

  • Rapid capacity expansion in China and Southeast Asia

  • Regulatory push for higher efficiency and longer panel lifespans

  • Increasing demand for BIPV applications and specialized solar solutions

  • Solar manufacturer-material supplier collaborations for customized encapsulation solutions

Get Full Report Here:
Global Photovoltaic PVB Film Market – View in Detailed Research Report

The companies listed above are not only enabling global solar power generation—they’re spearheading the efficiency revolution in renewable energy.