The Global PVB Encapsulation Films for Photovoltaic Modules Market was valued at USD 1.2 Billion in 2023 and is projected to reach USD 1.8 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period (2024–2030). This growth is being driven by the global expansion of solar energy capacity, increasing demand for Building-Integrated Photovoltaics (BIPV), and stringent requirements for module durability and efficiency.
As the solar industry intensifies its focus on long-term reliability and performance, PVB (Polyvinyl Butyral) encapsulation films have emerged as a critical component, offering superior adhesion, optical clarity, and moisture resistance. In this blog, we profile the Top 10 Companies in the PVB Encapsulation Films Industry—a mix of chemical giants, specialized material suppliers, and innovators shaping the future of solar module manufacturing.
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Global PVB Encapsulation Films for Photovoltaic Modules Market – View in Detailed Research Report
🔟 1. Kuraray Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: Trosifol® PVB Films
Kuraray is a global leader in PVB resin and film production, with its Trosifol® brand being one of the most recognized names in the solar encapsulation market. The company supplies high-performance PVB films specifically engineered for the demanding requirements of photovoltaic modules, ensuring long-term durability and high light transmittance.
Innovation and Sustainability Initiatives:
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Development of anti-PID (Potential Induced Degradation) PVB films
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Investment in recycling technologies for PVB scrap materials
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Commitment to carbon neutrality across its production facilities
9️⃣ 2. Eastman Chemical Company
Headquarters: Kingsport, Tennessee, USA
Key Offering: Saflex® PVB Encapsulation Films
Eastman is a major global supplier of advanced materials, and its Saflex® PVB films are widely used in both automotive and architectural glass laminations, with a growing application in the solar sector. The company leverages decades of experience in polymer science to produce films that offer excellent UV stability and adhesion.
Innovation and Sustainability Initiatives:
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Focus on bio-based and circular material feedstocks
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Partnerships with solar module manufacturers for customized film solutions
8️⃣ 3. Sekisui Chemical Co., Ltd.
Headquarters: Osaka, Japan
Key Offering: S-Lec™ PVB Films
Sekisui Chemical is another Japanese powerhouse in the PVB film market. Its S-Lec™ brand offers a range of films tailored for different solar module types, including those for harsh environmental conditions. The company is known for its consistent quality and strong technical support.
Innovation and Sustainability Initiatives:
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R&D into high-flow PVB resins for faster lamination cycles
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Initiatives to reduce the carbon footprint of film manufacturing
Download FREE Sample Report:
Global PVB Encapsulation Films for Photovoltaic Modules Market – View in Detailed Research Report
7️⃣ 4. DECENT NEW MATERIAL
Headquarters: Suzhou, China
Key Offering: PVB Encapsulation Films for BIPV and Standard Modules
DECENT NEW MATERIAL has rapidly grown to become a significant supplier of PVB encapsulation films, particularly in the Asian market. The company focuses on cost-effective solutions without compromising on performance, making it a preferred partner for many module manufacturers.
Innovation and Sustainability Initiatives:
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Expansion of production capacity to meet rising demand
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Development of films with enhanced reflectivity for bifacial modules
6️⃣ 5. Meibang Resin Technology
Headquarters: