Solar Encapsulation Market Growth With Worldwide Industry Analysis To 2030
Global Solar Encapsulation Market Analysis Solar Encapsulation Market is projected to be worth USD 11.37 billion by 2028, registering a CAGR of 14.5% during the forecast period (2021 - 2028). The market was valued at USD 1.55 billion in 2021. The global solar encapsulation market is witnessing significant traction. Solar encapsulation is crucial to make solar panels non-conductive. Therefore, increasing installations of solar panels worldwide and technological advances improving functionalities of solar modules contribute to the market growth. Besides, initiatives to encourage renewable and energy-saving resources are major trends increasing the market prominence of solar encapsulation. With the growing PV installations in residential rooftop applications, the market is projected to witness a significant rise in its revenues during the years to come. According to Market Research Future (MRFR), the global solar encapsulation market is projected to garner tremendous traction by