| Product Code: ETC11939326 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The Maldives` import of encapsulants in 2024 continued to be dominated by key exporting countries such as Singapore, UAE, Malaysia, India, and Sri Lanka. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market in encapsulant imports. With a strong compound annual growth rate (CAGR) of 6.65% from 2020 to 2024 and a notable growth rate of 15.56% from 2023 to 2024, the market shows promising expansion potential in the coming years. This data suggests a robust demand for encapsulants in the Maldives with significant contributions from key exporting nations.

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 Maldives Encapsulant Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Encapsulant Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Encapsulant Market - Industry Life Cycle |
3.4 Maldives Encapsulant Market - Porter's Five Forces |
3.5 Maldives Encapsulant Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Maldives Encapsulant Market Revenues & Volume Share, By Encapsulation Technique, 2021 & 2031F |
3.7 Maldives Encapsulant Market Revenues & Volume Share, By End user, 2021 & 2031F |
3.8 Maldives Encapsulant Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Maldives Encapsulant Market Revenues & Volume Share, By Additives, 2021 & 2031F |
4 Maldives Encapsulant Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Encapsulant Market Trends |
6 Maldives Encapsulant Market, By Types |
6.1 Maldives Encapsulant Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Encapsulant Market Revenues & Volume, By Resin Type, 2021 - 2031F |
6.1.3 Maldives Encapsulant Market Revenues & Volume, By Ethylene Vinyl Acetate (EVA), 2021 - 2031F |
6.1.4 Maldives Encapsulant Market Revenues & Volume, By Polyolefin Elastomers (POE), 2021 - 2031F |
6.1.5 Maldives Encapsulant Market Revenues & Volume, By Thermoplastic Polyurethanes (TPU), 2021 - 2031F |
6.1.6 Maldives Encapsulant Market Revenues & Volume, By Polyurethane (PUR), 2021 - 2031F |
6.1.7 Maldives Encapsulant Market Revenues & Volume, By Ionomers, 2021 - 2031F |
6.2 Maldives Encapsulant Market, By Encapsulation Technique |
6.2.1 Overview and Analysis |
6.2.2 Maldives Encapsulant Market Revenues & Volume, By Lamination, 2021 - 2031F |
6.2.3 Maldives Encapsulant Market Revenues & Volume, By Potting, 2021 - 2031F |
6.2.4 Maldives Encapsulant Market Revenues & Volume, By Transfer Molding, 2021 - 2031F |
6.2.5 Maldives Encapsulant Market Revenues & Volume, By Injection Molding, 2021 - 2031F |
6.3 Maldives Encapsulant Market, By End user |
6.3.1 Overview and Analysis |
6.3.2 Maldives Encapsulant Market Revenues & Volume, By Photovoltaic (PV) Modules, 2021 - 2031F |
6.3.3 Maldives Encapsulant Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3.4 Maldives Encapsulant Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.5 Maldives Encapsulant Market Revenues & Volume, By Marine, 2021 - 2031F |
6.3.6 Maldives Encapsulant Market Revenues & Volume, By Construction, 2021 - 2031F |
6.4 Maldives Encapsulant Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Maldives Encapsulant Market Revenues & Volume, By Front Sheets, 2021 - 2031F |
6.4.3 Maldives Encapsulant Market Revenues & Volume, By Back Sheets, 2021 - 2031F |
6.4.4 Maldives Encapsulant Market Revenues & Volume, By Junction Boxes, 2021 - 2031F |
6.4.5 Maldives Encapsulant Market Revenues & Volume, By Wire Protection, 2021 - 2031F |
6.4.6 Maldives Encapsulant Market Revenues & Volume, By Adhesives, 2021 - 2031F |
6.5 Maldives Encapsulant Market, By Additives |
6.5.1 Overview and Analysis |
6.5.2 Maldives Encapsulant Market Revenues & Volume, By UV Stabilizers, 2021 - 2031F |
6.5.3 Maldives Encapsulant Market Revenues & Volume, By Antioxidants, 2021 - 2031F |
6.5.4 Maldives Encapsulant Market Revenues & Volume, By Flame Retardants, 2021 - 2031F |
6.5.5 Maldives Encapsulant Market Revenues & Volume, By Adhesion Promoters, 2021 - 2031F |
7 Maldives Encapsulant Market Import-Export Trade Statistics |
7.1 Maldives Encapsulant Market Export to Major Countries |
7.2 Maldives Encapsulant Market Imports from Major Countries |
8 Maldives Encapsulant Market Key Performance Indicators |
9 Maldives Encapsulant Market - Opportunity Assessment |
9.1 Maldives Encapsulant Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Maldives Encapsulant Market Opportunity Assessment, By Encapsulation Technique, 2021 & 2031F |
9.3 Maldives Encapsulant Market Opportunity Assessment, By End user, 2021 & 2031F |
9.4 Maldives Encapsulant Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Maldives Encapsulant Market Opportunity Assessment, By Additives, 2021 & 2031F |
10 Maldives Encapsulant Market - Competitive Landscape |
10.1 Maldives Encapsulant Market Revenue Share, By Companies, 2024 |
10.2 Maldives Encapsulant 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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