Solar PV Backsheet Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

A solar backsheet is a polymer or polymer blend that is found at the bottom of a solar PV panel. The solar cell back sheet is a critical solar panel material used in the construction of a PV module. The PV backsheet is located on the PV module's outermost layer. The PV back sheet is intended to protect the module's inner components, specifically the photovoltaic cells and electrical components, from external stresses while also acting as an electrical insulator. To achieve this, the solar panel material must be of sturdy construction, typically a three-layer laminate, and have high dielectric properties. Solar PV backsheet are one of the less visible but critical components of a solar panel's long-term performance. Encapsulation for solar cells, on the other hand, is provided by ethylene vinyl acetate, also known as EVA. The market demand for fluoropolymer-based solar PV backsheets is expected to rise in the coming years, thereby driving the market during forecast period.

MARKET DYNAMICS

The growing adoption of sustainable energy technologies, rapid deployment of solar roof-tops, and policy supports from governments to enable adoption of renewable technologies is driving the growth of the solar PV backsheet market. However, the high installation and storage cost of solar PV power may restrain the growth of the solar PV backsheet market. Furthermore, more technological advancement and growing demand of fluoropolymer-based solar PV backsheets is anticipated to create market opportunities for the solar PV backsheet market during the forecast period.

MARKET SCOPE

The "Global Solar PV Backsheet Market Analysis to 2031" is a specialized and in-depth study of the solar PV backsheet market with a special focus on the global market trend analysis. The report aims to provide an overview of solar PV backsheet market with detailed market segmentation by product, thickness, material, technology, and geography. The global solar PV backsheet market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading solar PV backsheet market players and offers key trends and opportunities in the solar PV backsheet market.

MARKET SEGMENTATION

The global solar PV backsheet market is segmented on the basis of product, thickness, material, and technology. On the basis of product, the market is segmented as TPT-Primed, TPE, PET, PVDF, and others. Similarly, on the basis of thickness, the market is segmented as less than 100 micrometre, 100 To 500 micrometre, and more than 500 micrometre. Further based on material, market is segmented into the fluoride and non-fluoride. Furthermore, based on technology, market is segmented into the crystalline, thin film, and ultra-thin film.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global solar PV backsheet market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The solar PV backsheet market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting solar PV backsheet market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the solar PV backsheet market in these regions.

MARKET PLAYERS

The reports cover key developments in the solar PV backsheet market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from solar PV backsheet market are anticipated to lucrative growth opportunities in the future with the rising demand for solar PV backsheet. Below mentioned is the list of few companies engaged in the solar PV backsheet market.

The report also includes the profiles of key solar PV backsheet market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Arkema
•   COVEME s.p.a.
•   DUNMORE
•   DuPont
•   KREMPEL GmbH
•   TAIFLEX Scientific Co., Ltd.
•   Targray Technology International Inc.
•   TORAY INDUSTRIES, INC.
•   TOYO ALUMINIUM K.K.
•   ZTT International Limited

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Solar PV Backsheet Report Scope