Registering a CAGR of 7.04% over the forecast period of 2022-2027, the global Solar Backsheet market is anticipated to reach the market value of US$ 2.43 billion from US$ 1.72 Billion in the year 2021.
A solar backsheet refers to the outermost layer of a photovoltaic (PV) unit used to defend and shield the internal peripherals of the solar component. Some of the usually used solar backsheets include non-single and double-fluoropolymer backsheets that can be mounted on the roof, ground or floating power plants. These backsheets are usually manufactured using polymers or a grouping of polymers and placed at the bottom of the solar panel. They are highly tough and exhibit high electrical lining and protective properties against external impacts, dust, chemicals, sand, wind, extreme temperatures, moisture and ultraviolet (UV) radiations. They also suggest various favorable mechanical, electrical, optical and chemical properties essential for the overall durability and safety of the photovoltaic modules.
The universal Solar Backsheet Market Size is projected to develop at a high rate during the estimated time frame, mostly because of the expanding sun-oriented P.V. establishment and strategy support from the government to empower the reception of bearable advances. Conferring to European Commission, it is assessed that USD 28.45 billion is needed to be put resources into inexhaustible sources by the public authority somewhere in the range of 2022 and 2027. Solar Backsheet Market would prompt an expansion in the creation of solar force parks across Europe. The powerful forces of the Solar Backsheet Market are enhancing the market's growth in the coming years. Solar Backsheet Market has been portioned dependent on type, establishment, application, and region.
The Solar Backsheet Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end-users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market including Cybrid (China), Jolywood (China), Hangzhou (China), and ISOVOLTAIC (Austria). It also comprises solar panel manufacturers such as JinkoSolar (China), Trina Solar (China), Canadian Solar (Canada), and JA Solar (China)., Agfa (Belgium), Hangzhou Sun home Solar Backsheet Co., Ltd. (China), Isovoltaic (Austria), Honeywell (U.S.), Dupont (U.S.), Jolywood (China), 3M (U.S.), Dunmore Corporation (U.S.), Krempel (Germany), Flexcon (U.S.)
2021, Royal DSM, a global science-based company in health, nutrition, and sustainable living, agreed to sell its Advanced Solar business involved in backsheet products to the Worthen Industries Inc.
October 2021, a renewable energy auction took place for 390 megawatts Likana Concentrated Solar Power project in Chile for a large-scale PV installation. Such projects are anticipated to have a positive impact on the market studied.
Solar Backsheet Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Applications, it is segmented into
Asia-Pacific generated the majority of solar power compared to all regions.Asia-Pacific is expected to dominate the market, and according to the British Petroleum Statistical Review of World Energy 2021.China is estimated to be the major country in the region with approximately 174 GW of solar PV installations and is expected to double its installation capacity by 2027, which is expected to grow the backsheet market during the forecasting period.
The Solar Backsheet Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Solar Backsheet Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 7.04% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Cybrid (China), Jolywood (China), Hangzhou (China), and ISOVOLTAIC (Austria). It also comprises solar panel manufacturers such as JinkoSolar (China), Trina Solar (China), Canadian Solar (Canada), and JA Solar (China)., Agfa (Belgium), Hangzhou Sun home Solar Backsheet Co., Ltd. (China), Isovoltaic (Austria), Honeywell (U.S.), Dupont (U.S.), Jolywood (China), 3M (U.S.), Dunmore Corporation (U.S.), Krempel (Germany), Flexcon (U.S.) |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 177 |
Customization Available | Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the study period of this market?
The Solar Backsheet Market is studied from 2017 - 2027.
What is the growth rate of Solar Backsheet Market?
The Solar Backsheet Market is growing at a CAGR of 7.04% over the next 5 years.
Who are the leading key players in Solar Backsheet Market?
Cybrid (China), Jolywood (China), Hangzhou (China), and ISOVOLTAIC (Austria). It also comprises solar panel manufacturers such as JinkoSolar (China), Trina Solar (China), Canadian Solar (Canada), and JA Solar (China)., Agfa (Belgium), Hangzhou Sun home Solar Backsheet Co., Ltd. (China), Isovoltaic (Austria), Honeywell (U.S.), Dupont (U.S.), Jolywood (China), 3M (U.S.), Dunmore Corporation (U.S.), Krempel (Germany), Flexcon (U.S.)
What regions does this Solar Backsheet Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Solar Backsheet Market?
Fluoropolymer, Non-Fluoropolymer
What are the significant Applications of Solar Backsheet Market?
Roof-Mounted, Ground-Mounted, Floating Power Plant
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SECONDARY RESEARCH
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