Circuit Breakers Market to Reflect Impressive Growth Rate by 2027

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Solar Encapsulation Market  

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2023

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Solar Encapsulation Market Key
Insights

• Encapsulation of solar cells is done between the
  solar module glass cover and the glass cover of
  the solar cell located inside the module.
• Encapsulations are usually done in order to
  extend the useful life of such PV installations.
• Materials selected for encapsulations usually
  possess corrosion resistant, flame retardant or
  hard wearing properties.
• Generally such encapsulation cannot be easily
  automated and requires significant energy and
  material resources.

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Robust Infrastructural Development to Drive
Growth

• Growing awareness towards renewable energy
  resources and increased adoption of solar as a
  viable form of energy is bolstering the demand
  for solar PV modules.
• Many government agencies in developed counties
  have set targets to ensure maximum adoption of
  solar technology.
• Such government initiatives and growing demand of
  solar PV modules will encourage investment in
  solar encapsulation market.
• Other driving factors include growing energy
  requirements and immense technological
  proliferation in the solar PV module industry
  resulting in plummeting prices. 

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Copies of Patented Products to Limit Growth

• Despite of these growth opportunities, extensive
  copying of patented products is limiting the
  sales of circuit breakers.
• Counterfeit switchgear is easily available in
  Brazil, which has a considerable negative impact
  on the sales opportunities for original product
  manufacturers.
• These counterfeit products are of poor quality
  and less reliable.
• Their presence in the market is a major
  challenge that original product manufacturers
  need to address in order to enjoy sustainable
  growth.

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Some of the key players competing in solar
encapsulation market 

•  Bridgestone
• STR Holdings Inc.
• DuPont
• First Solar GmBH
• Dow Corning Corporation
• KURARAY EUROPE GMBH

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