- Fluoropolymer
- Non-Fluoropolymer
Solar Backsheet Market size was valued at USD 1.71 billion in 2022 and is poised to grow at a 7.2% CAGR from 2023 to 2029. The market for the solar backsheet is mainly driven by increasing PV installation as well as policy support from the government to adopt renewable technologies. On the basis of type, the solar backsheet is segmented into fluoropolymer and non-fluoropolymer. Fluoropolymer PV backsheet is the most used solar backsheet due to inherent strength and effective weather resistance as compared to other systems. The major factor to drive the market for solar backsheet market is the increasing demand for clean energy and cost-effective alternative around the world. Many countries are shifting towards renewable energy with the provision of government incentives and tax rebates on the installation of solar panels and solar energy provides various opportunities for key players to expand their business towards solar energy. The key restraints on the adoption of the solar backsheet market are high-cost installation of solar panels, with the high-cost installation of solar panels the area is restrained from adopting these techniques, as much energy required area should be given for the installation of solar panels. Post-installation in the area of solar panels can not be used for any further purpose. Increase in awareness about renewable energy the demand for solar panels increasing people are shifting towards the solar backsheet market. Geographically, Asia Pacific held the major market share in 2022 and is expected to dominate the solar backsheet market in the forecasted years.
Solar Backsheet Market Key Developments:
- In October 2021, Coveme S.P.A participated in the Intersolar Europe exposition in Munich, Germany. The company unveiled a new range of backsheet films under the DyMAT brand. The new films are made from completely recycled polyethylene terephthalate (PET) using the company's closed-loop recycling project for backsheets.
- In May 2018, Bischof + Klein, a German company has come up with a complete polypropylene solution containing a core film with two protective layers. With no fluorine content, this product is also gaining attraction for being recyclable and environmentally friendly.
Solar Backsheet Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
7.2%
Largest Market
Asia Pacific
Fastest Growing Market
North America
Solar Backsheet Market Dynamics
The increasing prevalence of awareness in renewable energy across the world is the major market driver in the Solar backsheet market during the forecast period. Major developed countries and most people are shifting towards renewable energy like solar panels for temporary electricity, the demand for solar panels is increasing due to awareness about renewable energy. It is used in commercial, industrial, residential and agricultural to get benefited with the solar panels, government support and tax rebates on solar panels increase the demand for solar backsheet in the market
Asia-Pacific Got Significant Share
Solar Backsheet Market Regional Analysis
Based on regions, the market share is segmented into North America, Asia-pacific, Europe, the Middle East, and the African region. The Asia Pacific region held the largest market share in the solar backsheet market. China is the largest producer of solar panels and solar sheets, which covers 40% total revenue of solar backsheets in the market around the world. India is the emerging market for solar sheets in the Asia Pacific region. North America is significantly growing in the solar backsheet market. Europe and Middle East Countries are the emerging markets for the solar backsheet market due to minimum use of renewable energy, it is expected to grow in the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The solar backsheet market report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Solar Backsheet Market Segmentation
By Type
By Installation Techniques
- Flat Roof Solar
- Pitched Roof Solar
- Ground Roof Solar
By End User
- Commercial
- Industrial
- Residential
- Others
By Geography
- North America
- Europe
- The Asia Pacific
- Latin America
- MEA
LOCATION
Geography
Frequently Asked Questions
The solar backsheet market was valued at usd 1.71 billion in 2022, growing at a 7.2% cagr from 2023 to 2029.
The Solar Backsheet market provides the use of renewable resources which do not harm the environment and an increase in awareness and promotion towards the solar market can drive the market of the solar Backsheet in the future.
The leading players in the Solar Backsheet market are; 3M, Dupont De Nemours Inc., Toray Industries Inc., Toyo Aluminium KK, ZTT International, Canadian Solar, Trina Solar, JA Solar, JinkoSola, Cybrid Technologies, Mitsubishi Polyester Film, and Taiflex
Historic years considered for the market study are 2018 through 2022, 2022 is considered as the base year for market estimation, and Seven years forecast is presented from 2023 – 2029.
| 1.Executive Summary |
| 2.Global Solar Backsheet Market Introduction |
| 2.1.Global Solar Backsheet Market - Taxonomy |
| 2.2.Global Solar Backsheet Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Installation Techniques |
| 2.2.3.End user |
| 2.2.4.Region |
| 3.Global Solar Backsheet Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Solar Backsheet Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Solar Backsheet Market By Type , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Fluoropolymer |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Non-Fluoropolymer |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global Solar Backsheet Market By Installation Techniques, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Flat Roof Solar |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Pitched Roof Solar |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Ground Roof Solar |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Solar Backsheet Market By End user, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. Commercial |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Industrial |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Residential |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Others |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8.Global Solar Backsheet Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Solar Backsheet Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Fluoropolymer |
| 9.1.2.Non-Fluoropolymer |
| 9.2. Installation Techniques Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Flat Roof Solar |
| 9.2.2.Pitched Roof Solar |
| 9.2.3.Ground Roof Solar |
| 9.3. End user Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Commercial |
| 9.3.2.Industrial |
| 9.3.3.Residential |
| 9.3.4.Others |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Solar Backsheet Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Fluoropolymer |
| 10.1.2.Non-Fluoropolymer |
| 10.2. Installation Techniques Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Flat Roof Solar |
| 10.2.2.Pitched Roof Solar |
| 10.2.3.Ground Roof Solar |
| 10.3. End user Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Commercial |
| 10.3.2.Industrial |
| 10.3.3.Residential |
| 10.3.4.Others |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11.Asia Pacific (APAC) Solar Backsheet Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Fluoropolymer |
| 11.1.2.Non-Fluoropolymer |
| 11.2. Installation Techniques Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Flat Roof Solar |
| 11.2.2.Pitched Roof Solar |
| 11.2.3.Ground Roof Solar |
| 11.3. End user Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Commercial |
| 11.3.2.Industrial |
| 11.3.3.Residential |
| 11.3.4.Others |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Solar Backsheet Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Fluoropolymer |
| 12.1.2.Non-Fluoropolymer |
| 12.2. Installation Techniques Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Flat Roof Solar |
| 12.2.2.Pitched Roof Solar |
| 12.2.3.Ground Roof Solar |
| 12.3. End user Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Commercial |
| 12.3.2.Industrial |
| 12.3.3.Residential |
| 12.3.4.Others |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Solar Backsheet Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Fluoropolymer |
| 13.1.2.Non-Fluoropolymer |
| 13.2. Installation Techniques Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Flat Roof Solar |
| 13.2.2.Pitched Roof Solar |
| 13.2.3.Ground Roof Solar |
| 13.3. End user Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Commercial |
| 13.3.2.Industrial |
| 13.3.3.Residential |
| 13.3.4.Others |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Arkema SA |
| 14.2.2.3M Co. |
| 14.2.3.Isovoltaic AG |
| 14.2.4.Coveme SpA |
| 14.2.5.DuPont de Nemours Inc |
| 14.2.6.Toyo Aluminium |
| 14.2.7.Madico Inc |
| 14.2.8.Taiflex Scientific Co. Ltd |
| 14.2.9.Krempel GmbH |
| 14.2.10.Targray Technology International Inc |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Arkema SA
- 3M Co.
- Isovoltaic AG
- Coveme SpA
- DuPont de Nemours Inc
- Toyo Aluminium
- Madico Inc
- Taiflex Scientific Co. Ltd
- Krempel GmbH
- Targray Technology International Inc