| Product Code: ETC5732164 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cape Verde continued to heavily rely on imports of encapsulants, with top suppliers being Portugal, China, Spain, Br. Indian Ocean Terr., and Belgium. Despite high concentration with a high Herfindahl-Hirschman Index (HHI), the market experienced a slight decline with a negative Compound Annual Growth Rate (CAGR) of -0.63% from 2020 to 2024. The growth rate in 2024 also showed a decline of -7.3% compared to the previous year. It will be important for stakeholders to monitor these trends and strategize accordingly to navigate the changing dynamics in the encapsulants market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Encapsulants Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Encapsulants Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Encapsulants Market - Industry Life Cycle |
3.4 Cape Verde Encapsulants Market - Porter's Five Forces |
3.5 Cape Verde Encapsulants Market Revenues & Volume Share, By Chemistry, 2021 & 2031F |
3.6 Cape Verde Encapsulants Market Revenues & Volume Share, By Curing Type, 2021 & 2031F |
3.7 Cape Verde Encapsulants Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Cape Verde Encapsulants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources in Cape Verde |
4.2.2 Growing focus on sustainable and environmentally friendly practices |
4.2.3 Rise in construction activities and infrastructure development in the region |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with encapsulants technology |
4.3.2 Lack of awareness and understanding of encapsulants among end-users |
4.3.3 Limited availability of skilled workforce for encapsulants installation and maintenance |
5 Cape Verde Encapsulants Market Trends |
6 Cape Verde Encapsulants Market Segmentations |
6.1 Cape Verde Encapsulants Market, By Chemistry |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Encapsulants Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.3 Cape Verde Encapsulants Market Revenues & Volume, By Silicone, 2021-2031F |
6.1.4 Cape Verde Encapsulants Market Revenues & Volume, By Urethane, 2021-2031F |
6.2 Cape Verde Encapsulants Market, By Curing Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Encapsulants Market Revenues & Volume, By Room Temperature, 2021-2031F |
6.2.3 Cape Verde Encapsulants Market Revenues & Volume, By Heat Temperature, 2021-2031F |
6.2.4 Cape Verde Encapsulants Market Revenues & Volume, By UV, 2021-2031F |
6.3 Cape Verde Encapsulants Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Encapsulants Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.3.3 Cape Verde Encapsulants Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.4 Cape Verde Encapsulants Market Revenues & Volume, By Medical, 2021-2031F |
6.3.5 Cape Verde Encapsulants Market Revenues & Volume, By Energy & Power, 2021-2031F |
7 Cape Verde Encapsulants Market Import-Export Trade Statistics |
7.1 Cape Verde Encapsulants Market Export to Major Countries |
7.2 Cape Verde Encapsulants Market Imports from Major Countries |
8 Cape Verde Encapsulants Market Key Performance Indicators |
8.1 Percentage increase in renewable energy installations in Cape Verde |
8.2 Number of new sustainable construction projects using encapsulants |
8.3 Rate of adoption of encapsulants technology in key industries in Cape Verde |
9 Cape Verde Encapsulants Market - Opportunity Assessment |
9.1 Cape Verde Encapsulants Market Opportunity Assessment, By Chemistry, 2021 & 2031F |
9.2 Cape Verde Encapsulants Market Opportunity Assessment, By Curing Type, 2021 & 2031F |
9.3 Cape Verde Encapsulants Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Cape Verde Encapsulants Market - Competitive Landscape |
10.1 Cape Verde Encapsulants Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Encapsulants Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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