太陽電池封止材のインド市場の評価：タイプ別、パネルタイプ別、用途別、地域別、機会、予測（2019年度～2033年度）

インドの太陽電池封止材の市場規模は、2025年度の2億2,725万米ドルから2033年度に4億9,426万米ドルに達すると予測され、2026年度～2033年度の予測期間にCAGRで10.20%の成長が見込まれます。市場は近年、再生可能エネルギー目標の達成と、太陽電池技術の採用を促進する政府の有利な政策によって、力強い成長を示しています。この上昇基調は、今後数年間も安定した成長率で続くと予測されます。インドは野心的な太陽光発電能力の目標達成に取り組んでおり、そのためには効率的で信頼性の高い太陽光発電（PV）システムの利用が必要です。そのため、太陽電池封止材の需要が高まっています。これらの材料は、特に過酷な気候条件下でのソーラーパネルの効率と耐久性を高め、それによって高品質なソーラーパネル生産へのニーズを支えています。

加えて、政府はソーラーパネル設置に関する施策を実施しており、これにより国内製造能力が向上しています。政府のプログラムは、ソーラーパネルの生産に使用される原材料の生産とサプライチェーンを支援しています。また、ソーラーパネルメーカーは、厳しい気象条件にも耐えられる強靭な封止材を改良するための研究開発に投資しており、このことが今後数年間のソーラー封止材市場の成長を促進すると予測されます。また、PVモジュールのコスト削減と税制優遇措置や補助金による政府の支援により、国内のさまざまな地域で太陽エネルギーの利用が増加しており、太陽電池封止材市場の需要が促進されています。

2025年4月現在、インドの太陽光発電の累積設備容量は約107.95GWに達しています。その内訳は、地上設置型が8,239万kW、系統連系屋上型が1,769万kW、ハイブリッド型が289万kW、オフグリッド型が498万kWです。同国は2024年度～2025年度に2,383万kWの太陽光発電能力を追加しており、これは前年の1,503万kWから大幅に増加しています。この成長は、再生可能エネルギーインフラを拡大し、500GWの非化石燃料エネルギー生産能力という野心的な目標を達成するというインドのコミットメントを強調するものです。

当レポートでは、インドの太陽電池封止材市場について調査分析し、市場規模と予測、市場力学、主要企業の情勢などを提供しています。

目次

第1章 プロジェクトの範囲と定義

第2章 調査手法

第3章 米国関税の影響

第4章 エグゼクティブサマリー

第5章 顧客の声

• 回答者の人口統計
• 購入決定において考慮される要素
  • 機能とその他の付加価値サービス
  • ソリューションの効率
  • アフターサポート
• アンメットニーズ

第6章 インドの太陽電池封止材市場の見通し（2019年度～2033年度）

• 市場規模の分析と予測
  • 金額
• 市場シェアの分析と予測
  • タイプ別
    • エチレン酢酸ビニル（EVA）
    • ポリオレフィンエラストマー（POE）
    • その他
  • パネルタイプ別
    • 単結晶ソーラーパネル
    • 多結晶ソーラーパネル
    • 薄膜太陽電池パネル
    • その他
  • 用途別
    • 屋上ソーラーシステム
    • 建材一体型太陽光発電（BIPV）
    • 太陽光発電所
    • その他
  • 地域別
    • 北部
    • 南部
    • 東部
    • 西部・中部
  • 市場シェア分析：企業別（上位5社とその他）（金額）（2025年度）
• 市場マップ分析（2025年度）
  • タイプ別
  • パネルタイプ別
  • 用途別
  • 地域別

第7章 ポーターのファイブフォース分析

第8章 PESTLE分析

第9章 市場力学

• 市場促進要因
• 市場の課題

第10章 市場動向と発展

第11章 政策と規制情勢

第12章 競合情勢

• マーケットリーダー上位5社の競合マトリクス
• 上位5社のSWOT分析
• 主要企業上位10社の情勢
  • RenewSys India Pvt. Ltd.
  • Navitas Green Solutions Pvt. Ltd.
  • Vishakha Renewables Pvt. Ltd.
  • Knack Energy Pvt. Ltd.
  • Lucent CleanEnergy Pvt. Ltd.
  • 3M India Limited
  • Alishan Green Energy Pvt. Ltd.
  • Enerlite Solar Films India Pvt. Ltd.
  • Pixon Green Energy Pvt. Ltd.

第13章 戦略的提言

第14章 調査会社について・免責事項

List of Tables

• Table 1. Competition Matrix of Top 5 Market Leaders
• Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 3. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Solar Encapsulation Market, By Value, In USD Million, FY2019-FY2033F
• Figure 2. India Solar Encapsulation Market Share (%), By Type, FY2019-FY2033F
• Figure 3. India Solar Encapsulation Market Share (%), By Panel Type, FY2019-FY2033F
• Figure 4. India Solar Encapsulation Market Share (%), By Application, FY2019-FY2033F
• Figure 5. India Solar Encapsulation Market Share (%), By Region, FY2019-FY2033F
• Figure 6. By Type Map-Market Size (USD Million) & Growth Rate (%), FY2025
• Figure 7. By Panel Type Map-Market Size (USD Million) & Growth Rate (%), FY2025
• Figure 8. By Application Map-Market Size (USD Million) & Growth Rate (%), FY2025
• Figure 9. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2025

India solar encapsulation market is projected to witness a CAGR of 10.20% during the forecast period FY2026- FY2033F, growing from USD 227.25 million in FY2025 to USD 494.26 million in FY2033. The market for solar encapsulation has witnessed strong growth in recent years, driven by the achievement of renewable energy targets and favorable government policies promoting the adoption of solar technologies. This upward trend is expected to continue with a steady growth rate in the coming years. India is committed to achieving its ambitious solar power capacity goals, which necessitate the use of efficient and reliable solar photovoltaic (PV) systems. This, in turn, is driving the demand for solar encapsulation materials. These materials enhance the efficiency and durability of solar panels, especially under extreme climatic conditions, thereby supporting the need for high-quality solar panel production.

In addition, the government is implementing measures in the installation of solar panels that have improved local manufacturing capacity within the nation. Government program favors production and the supply chain of the raw materials applied in the production of solar panels. Besides, solar panel manufacturers are investing in research and development to refine encapsulation materials that are resilient enough to withstand harsh weather conditions, which is expected to drive growth in the solar encapsulation market in the coming years. In addition, the reduced cost of solar PV modules, combined with government support through tax incentives and subsidies, is increasing the use of solar energy across various regions of the country, thereby propelling the demand for solar encapsulation in the market.

As of April 2025, India's cumulative installed solar power capacity has reached approximately 107.95 GW. This includes 82.39 GW from ground-mounted solar plants, 17.69 GW from grid-connected rooftop systems, 2.89 GW from hybrid projects, and 4.98 GW from off-grid installations. The country added 23.83 GW of solar capacity in FY2024-25, marking a significant increase over the 15.03 GW added in the previous year. This growth underscores India's commitment to expanding its renewable energy infrastructure and achieving its ambitious target of 500 GW of non-fossil fuel energy capacity.

Adoption of Technologically Advanced Solar Energy Solutions Creates Market Growth

Adopting technologically advanced solar energy solutions is driving market demand for solar encapsulation by enhancing the performance, durability, and versatility of photovoltaic (PV) systems. Innovations such as bifacial panels, heterojunction technology (HJT), and tandem solar cells require high-quality encapsulants capable of withstanding elevated temperatures. The advanced panels manufactured with high-quality encapsulation material are able to capture high sunlight. Advanced solar energy technologies are an efficient way to maximize energy generation in a cost-effective manner which contributes to the rise in demand for solar encapsulation in the market. Companies are engaged in the production of innovative solar panels which could increase solar power production.

For instance, in September 2024, Sharp decided to launch a 450 W bifacial TOPCon module with 22.52% efficiency. The product is an IEC61215-and IEC61730-certified solar panel with an operating temperature coefficient of -0.29% per. The launch of innovative solar panel products drives the demand for efficient solar encapsulation in the market.

The country is focusing on the development of community solar projects, which is driving the demand for advanced solar panels in the market. Both utility and household sectors are increasingly investing in advanced solar technologies for these projects, thereby contributing to the growth of the solar encapsulation market in the coming years. Moreover, utility-scale and rooftop installation projects are adopting cost-effective technologies that generate large amounts of clean energy. Additionally, the integration of energy storage systems with solar panels has increased the need for encapsulation materials to support hybrid technologies. The capabilities of advanced solar energy solutions are enabling producers to develop more efficient solar systems in the market.

Government Policies and Initiatives Regarding Solar Panel Manufacturing Create Market Opportunity

India is establishing aggressive targets for renewable energy to minimize its reliance on fossil fuels and respond to climate change. To realize the established objectives, the nation is optimizing green energy from the increasing installations of solar energy in the household and for commercial purposes which increases demand for advanced encapsulation of the solar in the market. Based on the incorporation of advanced solar encapsulation material, the panel's potential of generating solar energy in the difficult climate is improved.

Moreover, increasing government policies and initiatives on solar panel production are generating large market opportunities for solar encapsulation materials in the next few years. In India, the Union Budget for FY2025-FY2026 has set aside considerable investments to increase renewable energy, such as a special USD 1.1 billion for the development of solar infrastructure. These encompass big solar parks and roof-mounted installations, which increase the production capacity of solar panels and thus fuel the demand for solar encapsulation in the market.

In January 2025, The Ministry of New and Renewable Energy (MNRE) issued the Solar Systems, Devices, and Components Goods Order, 2025, replacing the 2017 order, to enforce stricter quality standards for solar photovoltaic (PV) products. Effective 180 days post-publication, the order mandates that solar PV modules, inverters, and storage batteries conform to the latest Indian Standards and bear the BIS Standard Mark. Minimum efficiency criteria have been set at 18% for mono-crystalline silicon and thin-film PV modules, and 17% for poly-crystalline silicon PV modules. The order applies to all stakeholders in the solar PV market, excluding products meant exclusively for export. The Bureau of Indian Standards (BIS) will oversee certification and enforcement, with penalties for non-compliance as per the BIS Act, 2016. This initiative aims to enhance product reliability, ensure safety, and support India's renewable energy targets.

Ethylene-Vinyl Acetate (EVA) to Dominate the India Solar Encapsulation Market

The use of ethylene-vinyl acetate (EVA) material is on the rise in the Indian solar encapsulation industry due to the growing demand for high-quality encapsulation materials. EVA is preferred for its excellent optical transparency and strong adhesion to both glass and solar cells, making it an ideal choice for protecting photovoltaic modules against environmental stress.

Additionally, the Indian government's incentives and policies for solar energy uptake have triggered large investments in solar infrastructure, boosting the demand for EVA encapsulants in the market. The immense expansion of rooftop solar installations for residential and commercial purposes also aids in the growth of the segment as these require resilient encapsulation to deliver long-term performance and efficiency. In addition, improvements in the technology used in producing EVA have enhanced its properties making the material more attractive to solar panel makers. Consequently, EVA encapsulation is emerging as a key element in promoting the durability and reliability of solar panels in the market.

West and Central Region Dominate the India Solar Encapsulation Market

The western and central regions have dominated the solar encapsulation market and are expected to continue doing so during the forecast period. In these regions, Gujarat and Maharashtra are actively engaged in solar module and cell manufacturing, which is driving the demand for efficient solar encapsulation materials. These states have emerged as hubs for solar panel production, boosting the demand for encapsulation materials. Additionally, government initiatives promoting renewable energy adoption are further contributing to the market's growth.

For instance, in January 2025, Waaree Energies Limited has started trial production at its 5.4 GW solar cell factory in the Indian state of Gujarat. It is the largest solar cell manufacturing facility in India. This development highlights the rising investment in solar panel production which drives the demand for solar encapsulation in the market.

The Indian government is actively supporting the expansion of solar power projects through new initiatives and programs like solar parks and ultra-mega renewable energy power parks (UMREPPs) which drive the demand for solar panels in the region. The initiatives encourage the adoption of advanced solar technologies and encapsulation materials which could enhance the efficiency and output of solar installations.

Future Market Scenario (FY2026 - FY2033F)

The push towards the adoption of solar technologies is another significant trend that drives the demand for the solar encapsulation market.

Government policies aimed at promoting solar power infrastructure development are set to boost the demand for solar encapsulations in the country.

Integration of renewable energy sources in large-scale industrial applications creates the opportunity for solar encapsulation market growth in coming years.

Solar encapsulation material aligns with government goals regarding energy efficiency and sustainability energy policies which drive its market in the forecast period.

Key Players Landscape and Outlook

Continuous innovation characterizes the landscape of solar encapsulations, as companies compete in terms of energy efficiency, product life, and unique features. The market outlook remains positive, owing to increased demand for the integration of renewable energy and automation in the industrial sector. Product launches, agreements, business expansions, collaborations, and developing technologies are projected to increase competition in the fast-paced market.

For instance, in February 2024, RenewSys India Pvt. Ltd. decided to expand 1 GW of TOPCon module capacity, which is scheduled to start production by April 2025. Further, the company plans to add another 2 GW of TOPCon solar module capacity by April 2026 and 2 GW of ethylene vinyl acetate (EVA)/polyolefin (POE)/EPE encapsulation film capacity by Dec. 2024. This development highlights the rising investment in the solar industry which will boost the company market share in the coming years.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Impact of U.S. Tariffs

4. Executive Summary

5. Voice of Customers

• 5.1. Respondent Demographics
• 5.2. Factors Considered in Purchase Decisions
  • 5.2.1. Features and Other Value-Added Service
  • 5.2.2. Efficiency of Solutions
  • 5.2.3. After-Sales Support
• 5.3. Unmet Needs

6. India Solar Encapsulation Market Outlook, FY2019-FY2033F

• 6.1. Market Size Analysis & Forecast
  • 6.1.1. By Value
• 6.2. Market Share Analysis & Forecast
  • 6.2.1. By Type
    • 6.2.1.1. Ethylene-Vinyl Acetate (EVA)
    • 6.2.1.2. Polyolefin Elastomer (POE)
    • 6.2.1.3. Others
  • 6.2.2. By Panel Type
    • 6.2.2.1. Monocrystalline Solar Panels
    • 6.2.2.2. Polycrystalline Solar Panels
    • 6.2.2.3. Thin-Film Solar Panels
    • 6.2.2.4. Others
  • 6.2.3. By Application
    • 6.2.3.1. Rooftop Solar Systems
    • 6.2.3.2. Building-Integrated Photovoltaics (BIPV)
    • 6.2.3.3. Solar Farms
    • 6.2.3.4. Others
  • 6.2.4. By Region
    • 6.2.4.1. North
    • 6.2.4.2. South
    • 6.2.4.3. East
    • 6.2.4.4. West and Central
  • 6.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2025)
• 6.3. Market Map Analysis, FY2025
  • 6.3.1. By Type
  • 6.3.2. By Panel Type
  • 6.3.3. By Application
  • 6.3.4. By Region

All segments will be provided for all regions covered

7. Porter's Five Forces Analysis

8. PESTLE Analysis

9. Market Dynamics

• 9.1. Market Drivers
• 9.2. Market Challenges

10. Market Trends and Developments

11. Policies and Regulatory Landscape

12. Competitive Landscape

• 12.1. Competition Matrix of Top 5 Market Leaders
• 12.2. SWOT Analysis for Top 5 Players
• 12.3. Key Players Landscape for Top 10 Market Players
  • 12.3.1. RenewSys India Pvt. Ltd.
    • 12.3.1.1. Company Details
    • 12.3.1.2. Key Management Personnel
    • 12.3.1.3. Products and Services
    • 12.3.1.4. Financials (As Reported)
    • 12.3.1.5. Key Market Focus and Geographical Presence
    • 12.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 12.3.2. Navitas Green Solutions Pvt. Ltd.
  • 12.3.3. Vishakha Renewables Pvt. Ltd.
  • 12.3.4. Knack Energy Pvt. Ltd.
  • 12.3.5. Lucent CleanEnergy Pvt. Ltd.
  • 12.3.6. 3M India Limited
  • 12.3.7. Alishan Green Energy Pvt. Ltd.
  • 12.3.8. Enerlite Solar Films India Pvt. Ltd.
  • 12.3.9. Pixon Green Energy Pvt. Ltd.

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

13. Strategic Recommendations

14. About Us and Disclaimer