The global solar PV backsheet market is expected to grow at a CAGR of 6% over the forecast period. Solar PV backsheet is the most critical part used in the construction of a PV module. The backsheet is intended to protect the inner components of the module from an external force. Moreover, the sheet also acts as an electrical insulator. The growth of the market is attributed to an increase in environmental concern, increasing demand for green energy, and the reduction of solar panel prices in both developing and underdeveloped economies.

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Other factors that contribute to the growth of the global solar PV backsheet industry include increasing awareness among people towards cost-effective renewable energy source and government incentives, schemes, and subsidies for domestic solar rooftops panel. Various government initiatives such as feed-in-tariff (FIT) programs in order to increase the installation of solar panels in commercial as well as residential sector is driving the growth of the solar panel market and hence solar PV backsheet market. Further, fluctuation in crude oil prices has been majorly contributing to the increase in the adoption of the rooftop solar panel.

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Global Solar PV Backsheet Market Segmentation

By Type

Fluoropolymer

Non-Fluoropolymer

By Application

Residential

Commercial

Industrial

Regional Analysis

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

Japan

India

Rest of Asia-Pacific

Rest of the World

Company Profiles

3M Co.

Agfa-Gevaert N.V.

Arkema SA

Astenik Solar Inc.

BioSolar, Inc.

Coveme SpA

Cybrid Technologies

Dunmore

DuPont de Nemours, Inc.

FLEXcon Co., Inc.

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