Solar backsheet is a critical component in photovoltaics (PV) modules, and is used to provide environmental and electrical protection to the module’s components. It’s a sheet of insulation material that goes behind the panel, to protect against moisture, temperature changes and corrosion. Solar backsheet is available in a variety of materials including polyvinyl fluoride, ethylene tetrafluoroethylene based co-polymer, polyester film and polyethyline terepthalate.
With the increasing demand for renewable power generation globally, the demand for solar backsheet has increased significantly in the past years. Asia-Pacific dominates the market, followed by North America, Europe and the Rest of the World. Key players in the market include BHAVYA SOLARENERGY PVT. LTD., Hangzhou First PV Material Co., Ltd., Lumiera, Jolywood (Suzhou) Sunwatt Co., Ltd., Dunmore Corporation, Konark Plastomech Pvt. Ltd., and others.
The global Solar Backsheet market was valued at US$ 1639.4 million in 2022 and is anticipated to reach US$ 2629.7 million by 2029, witnessing a CAGR of 6.9% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Solar Backsheet Market available at: https://www.themarketreports.com/report/global-solar-backsheet-market-research-report
This report aims to provide a comprehensive presentation of the global market for Solar Backsheet, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Backsheet.
China is the main production area of Solar Backsheet, and global manufacturing plants are gradually moving to Asia. The Asia Pacific region is the main consumption area, and consumption in 2019 accounted for 90% of global sales. At the same time, with the rapid development of emerging markets and the rapid growth of downstream market demand, the North America regional markets are growing rapidly.
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