The demand for POE film applications is accelerating, and the future market development space is broad.

Photovoltaic packaging film is one of the key materials for photovoltaic modules. According to different base materials, photovoltaic packaging film can be divided into EVA film, POE film and EPE film. POE film is a new generation of film material. POE is polyolefin elastomer, which has good air permeability, chemical corrosion resistance, aging resistance, etc., and is widely used in packaging films, wires and cables, foam materials, automobile parts and other fields.

In recent years, thanks to the rapid development of the photovoltaic industry and the continuous optimization of packaging materials, the demand for POE film applications has increased significantly. In 2021, photovoltaics will surpass automobiles and become the largest application market for POE film. In the photovoltaic industry, EVA film is still the mainstream product in the market, accounting for about 70% of the market. Compared with EVA film, POE film is better in terms of PID resistance, weather resistance, water vapor barrier rate, etc. In photovoltaic Under the background of industrial quality and efficiency improvement, the market penetration rate of POE film is expected to increase rapidly.

Thanks to the accelerated industrialization process of HJT and TOPCon, N-type components are gradually replacing PERC. It is expected that the market share of N-type components will reach about 33% in 2026. With the widespread application of N-type batteries, high-efficiency batteries, and double-glass components, the market’s requirements for adhesive film materials are also constantly escalating. Against this background, the application demand for POE adhesive films will accelerate and gradually replace some EVA adhesive films. According to the “2023-2027 POE Film Industry Market In-depth Research and Investment Prospect Forecast Analysis Report released by the Industrial Research Center, In 2021, the global demand for POE film will reach about 172,000 tons. It is expected that in 2026, the demand for POE film will grow to more than 500,000 tons.

POE is the main raw material of POE film. In the POE production process, there are high technical barriers to high-carbon alpha olefins, catalysts and polymerization processes. Affected by this, the global POE market is extremely concentrated, with European, American, Japanese and Korean companies occupying the majority of the market share. Such as Dow Chemical, Mitsui Chemicals, South Korea’s LG, South Korea’s SK, Borealis, Exxon Mobil and other companies.

my country has not yet realized the industrial production of POE products, and market demand still relies on imports. However, in recent years, domestic companies have also accelerated the layout of POE products, and some companies are already on the eve of mass production, such as Wanhua Chemical, Maoming Petrochemical, Satellite Petrochemical, etc. In terms of POE film, the main companies include Xiangbang Technology, Saiwu Technology, Mingguan New Materials, Lushan New Materials, etc. Among them, in 2022, Xiangbang Technology’s pure POE film shipments ranked top two in the industry, becoming the only domestic company 2. A mass production company that can achieve stable mass supply of pure POE film.

Industry analysts said that POE film has excellent performance and is a new generation of photovoltaic film material. Currently, in the photovoltaic field, EVA film It is still the mainstream product in the market, but with the widespread application of N-type batteries and double-glass components, POE film will accelerate the replacement of some EVA films, and there will be huge room for market development in the future. my country’s POE market demand relies on imports, but with the active layout of relevant companies, the domestic POE production process has reached a critical node, which is good for the development of the POE film market.