Solar Encapsulation Market Outlook:
Solar Encapsulation Market size was over USD 5.86 billion in 2025 and is projected to reach USD 12.89 billion by 2035, witnessing around 8.2% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of solar encapsulation is evaluated at USD 6.29 billion.
The increasing adoption of solar energy as a sustainable and renewable power source is driving the solar encapsulation market. The International Energy Agency (IEA) reported that global annual renewable capacity additions increased by almost 50% to around 510 gigawatts (GW) in 2023, the highest growth rate in the last 20 years. As governments and organizations around the world promote cleaner energy solutions and offer incentives for solar energy projects, the demand for efficient and durable solar panels rises. Moreover, advancements in encapsulation technology, such as the development of more durable and efficient materials, also contribute to market expansion.