The EVA Films market size is projected to grow from USD 7.43 billion in 2024 to USD 11.26 billion by 2029, registering a CAGR of 8.7% during the forecast period. The market research report provides access to critical information such as EVA films market growth drivers, market growth restraints, current market trends, the market’s economic and financial structure, and other key market details. The market for EVA films is increasing because of their excellent properties, such as high transparency, flexibility, durability, and resistance to environmental conditions like UV radiation and moisture. The films have good adhesion to substrates, and hence they are used in lamination and encapsulation processes. EVA films also have good thermal stability, and hence they can work well under varying temperatures. The growing trend of using lighter and high-performance materials in several industries is also leading to their implementation. Innovations in the process of making films have made EVA films better quality, more efficient, inexpensive, and easily accessible.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=169665444
Anti-PID EVA is anticipated to be the second largest segment in EVA Films Market segment, by type, during the forecast period.
Anti-PID EVA films represent the second largest market share in the EVA film market mainly because of the growing demand for high-performance solar panels and photovoltaic (PV) modules. PID is a significant problem in solar energy systems, where leakage currents between the solar cells and the frame cause serious power loss over time. To reduce this challenge, anti-PID EVA films are designed with improved insulation and minimized ion mobility, guaranteeing long-term durability and solar panel efficiency. In response to the global drive towards renewable energy, solar manufacturers focus on materials that improve solar module lifespan and performance. Anti-PID EVA films have an essential role in this context by ensuring power output, low maintenance costs, and long-term return on investment for solar power plant operators. In addition, with the development of large-scale solar farms and rooftop solar installations, developers require materials that ensure low-efficiency loss and degradation, hence anti-PID EVA films are a developer’s choice.
Casting is anticipated to be the second largest segment EVA Films Market segment, by production method, during the forecast period.
The casting manufacturing process holds the second-largest market share in the EVA film market because of its capability to manufacture high-quality films with high optical clarity, even thickness, and good mechanical properties. Increasing demand for high-performance solar panels has contributed highly to the uptake of the casting process since it generates EVA films with very few defects, high light transmission, and high adhesion strength. These properties are critical to ensuring the efficiency and longevity of photovoltaic (PV) modules, providing maximum power output over long periods. The need for safety and energy-efficient building materials has grown in recent years, further increasing the market share of cast EVA films. Additionally, in the food and pharmaceutical packaging industries, where transparency and flexibility are critical, cast EVA films are preferred due to their smooth surface, excellent sealability, and strong barrier properties against moisture and contaminants.
Lamination is anticipated to be the second largest segment EVA Films Market segment, by application, during the forecast period.
Lamination applications account for the second-largest market share of EVA films because they are extensively applied across the construction, automotive, and photovoltaic industries. EVA films are essential interlayers in laminated glass, which improves safety, durability, and optical performance. Laminated glass with EVA films is heavily utilized in the building construction sector in facades, windows, doors, skylights, and glass partitions to deliver enhanced impact resistance, UV protection, and sound insulation. EVA films provide outstanding adhesion, resistance to moisture, and long-term stability, which have made them a choice for high-performance laminated glass in contemporary architectural styles. Further, the increasing popularity of green buildings and smart buildings has also fueled the demand for laminated glass made from EVA, which offers increased thermal insulation and energy efficiency. Further, advances in technology in the manufacturing of EVA film, such as increased cross-linking and improved thermal stability, have increased their application in different lamination applications.
Get a Sample Copy of This Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=169665444
Construction is anticipated to be the second largest segment EVA Films Market segment, by end-use industry, during the forecast period.
The construction end-use industry holds the second-largest market share in the EVA film market because of its widespread uses in architectural glass lamination, safety glazing, and energy-efficient building products. The use of EVA films in laminated glass is vital and has a massive application in today’s construction works for windows, doors, facade, skylights, balustrades, and partitions. The growing need for high-performance, long-lasting, and visually attractive glass structures has played a major role in the use of EVA films in construction. EVA films ensure excellent adhesion, good resistance to water and UV exposure, and better durability, and therefore are best suited for architectural uses in residential, commercial, and industrial buildings. Sustained industrialization, growing investments in smart cities, and government development projects continue to propel EVA film use in construction applications. Emphasizing safety, sustainability, and energy efficiency, the construction industry continues to be a vital driver of the overall market for EVA film.
North America is expected to be the second largest region in the global EVA Films Market, by region, during the forecast period.
North America accounts for the second-largest market share in the global EVA films market owing to a range of factors such as the established solar energy industry in the region, strong construction sector, and rising demand for high-quality laminated glass for automotive and architectural uses. The United States and Canada are two of the most prominent countries to adopt solar power based on government incentives, positive policies, and the accelerating move towards renewable energy. EVA films are also important in solar panel encapsulation, safeguarding photovoltaic cells from degradation due to the environment while improving their efficiency and lifespan. The increased number of solar farms and household solar panel installations in North America has been a major driver of the heightened demand for EVA films. With a wide base of principal manufacturers, ongoing technology innovations in polymer, and increasing investment in renewable power projects and infrastructure schemes, North America is one of the strong drivers in the market for EVA films.
These prominent competitors, along with a slew of others, define the EVA Films market through ongoing innovation, partnership, joint venture, collaboration, investments, and expansion of manufacturing facilities, and worldwide growth strategies. Their contributions propel technological developments, broaden market reach, and shape industry standards, ultimately influencing the future of EVA Films and their numerous uses., such as include H.B. Fuller (US), 3M (US), JA Solar Technology Co., Ltd. (China), Jiangsu Sveck Photovoltaic New Material Co., Ltd. (China), HANGZHOU FIRST APPLIED MATERIAL CO., LTD. (China), Shanghai HIUV New Materials Co., Ltd. (China), Guangzhou Lushan New Materials Co., Ltd. (China), Hanwha Group (South Korea), Cybrid Technologies Inc. (China), Betterial (China), Mativ (US) and Zhejiang Sinopont Technology Co., Ltd. (China) adopt, partnership, collaboration, and expansions to increase their market shares and expand their geographic presence.
H.B. Fuller Company, founded in 1887, is a leading global formulator, manufacturer, and marketer of encapsulants, films, adhesives, sealants, polymers, tapes, additives, and other specialty chemical products. The company is headquartered in Minnesota, US, and operates through three reportable segments: Hygiene, Health and Consumable Adhesives, Engineering Adhesives, and Construction Adhesives. The Hygiene, Health and Consumable Adhesives segment supplies adhesive products for various applications, including assembly, packaging, and hygiene markets. The Engineering segment focuses on high-performance adhesives for the transportation, electronics, clean energy, and aerospace industries. Meanwhile, the Construction Adhesives segment provides specialty adhesives, sealants, tapes, mortars, and grouts for commercial building and infrastructure projects. The company provides EVA films under the brands name PHOTOCAP®. H.B. Fuller boasts over 80 manufacturing sites and 35 technology innovation centers globally, holding more than 578 patents. Its products are marketed in over 140 countries and have sales operations in 35 countries across North America, Europe, Latin America, Asia-Pacific, the Middle East, and Africa.
3M, established in 1902, is a diversified technology and manufacturing company headquartered in Minnesota, US. 3M’s business portfolio comprises four distinct segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The company manufactures EVA films under its Safety and Industrial division. 3M’s Safety and Industrial division encompasses a wide range of products designed to enhance safety and efficiency across various industrial applications. This division includes offerings such as industrial abrasives and finishing solutions for metalworking, electrical products and materials for construction and maintenance, power distribution and electrical original equipment, structural adhesives and tapes, as well as natural and color-coated mineral granules used in roofing shingles. With a global presence in more than 200 countries, 3M operates 81 manufacturing and converting facilities in 28 countries and has laboratories in 36 countries. 3M organizes its operations into three regions: Americas, Asia Pacific, and Europe, Middle East & Africa. In 2023, Americas represented 56% of the company’s total revenue, followed by Asia Pacific at 26%, and Europe, Middle East & Africa at 18%.
Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=169665444
Jiangsu Sveck Photovoltaic New Material Co., Ltd. is a high-tech enterprise specializing in the research, development, production, and sales of innovative materials, particularly for the photovoltaic (PV) industry. Established in 2005 and headquartered in Changzhou, China, the company has developed a strong focus on encapsulation materials for solar modules and lithium batteries. Jiangsu Sveck’s product portfolio comprises of photovoltaic encapsulation materials and aluminum plastic film. The company’s core business includes Anti-PID EVA, White EVA film, White EPE, POE, EPE, Black High Reflective EVA, HJT Film HA series, LRF etc. Jiangsu Sveck has a vast presence in Asia Pacific region with 4 production bases in Changzhou, Suqian, Yanchen, and Yiwu. The company’s products have been sold to over 20 countries and regions in worldwide. Additionally, its products have obtained certifications such as UL, PCCC, and Jiangsu Boutique.
HANGZHOU FIRST APPLIED MATERIAL CO., LTD. is a leading Chinese enterprise established in 2003, specializing in the research, development, production, and distribution of photovoltaic packaging materials. The company offers a diverse product portfolio that includes PV materials, PCB/FPC, electronic components, and hot-melt web. Within the PV materials segment, the company produces ethylene/vinyl acetate (EVA) films, polyolefin (PO) films, and backsheet specifically designed for photovoltaic modules. Notably, its Solar EVA Film commands over 50% of the global market share, establishing strong relationships with numerous renowned PV enterprises, thereby significantly influencing the EVA film market. The company operates multiple production bases across China, located in Jiangmen, Chuzhou, Suzhou, and Jiaxing for its PV products, and has expanded its operations internationally with facilities in Vietnam and Thailand.
Shanghai HIUV New Materials Co., Ltd., established in 2005, is headquartered in Shanghai, China. The company specializes in the research, development, and manufacturing of innovative thin film materials. The company has pioneered the introduction of innovative products such as enhanced white pre-crosslinked EVA films for single glass modules, co-extruded POE films for PERC monocrystalline, N-type TOPCon, and HJT bifacial modules, as well as EXP films specifically designed for TOPCon applications. HIUV caters to various sectors including photovoltaic, automotive, architecture, and household, providing a range of advanced films as its main products. These include EVA films for photovoltaic modules, new automotive intelligent dimming films, eco-friendly surface materials, and thermal and noise reduction adhesive films. Additionally, HIUV has entered the automotive thin film materials field, launching electronic functional film products like liquid crystal smart tinting films. The company operates four factories in China located in Taizhou, Pinghu, Changzhou, and Shangrao, along with one factory in Vietnam, positioning itself as a significant player in the thin film materials market across Asia Pacific.
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email: Send Email
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Florida
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/eva-films-market-169665444.html