Get In Touch

Photovoltaic Backsheet Market: Overview

Photovoltaic (PV) backsheet constitutes the outermost layer of the PV module assembly and is one of the most critical materials used in the solar PV module assembly. The PV backsheet is designed to protect the inner components of the module, particularly PV cells and electrical components, from external stresses as well as act as an electrical insulator throughout its lifetime. In order to achieve this, PV backsheet material must be robust in construction, comprising a three-layer laminate and possess high dielectric properties. PV backsheets are provided by many companies in a number of configurations to accommodate a wide variety of module types and technologies.

The selection of backsheet material for solar panels has a substantial impact on the way they withstand elements such as moisture, temperature changes, chemical substances, and physical damages and their performance over a tenure. An ideal backsheet should be able to provide protection against moisture, physical damage, and UV rays, while also minimizing the occurrence of electrical discharge and thermal degradation. A reliable PV backsheet facilitates solar module manufacturers to optimize their cell quality at the same time lowering manufacturing cost per watt. The PV backsheet material is layered with an encapsulant on the solar cell.

The value for money of investment in PV module is strongly influenced by the initial cost and the return of the investment (profit), which depends on performances (energy output), time, and costs of maintenance. The right choice of backsheet material strongly influences all these parameters, which is why the selection of a good quality backsheet is of profound importance. Although the PV backsheet only comprises 3%-4% of the total cost of a solar panel, the criticality of a solar panel backsheet is far higher compared to its cost contribution. PV backsheets are customized according to their application and service period time. For instance, in order to protect a solar PV module for over 25 years, the backsheet must have three critical properties: weatherability, mechanical strength, and adhesion. However, the most important thing is achieving the optimal balance of these three properties.

The global solar Photovoltaic Backsheet market is expected to witness an upsurge in near future due to the ongoing expansion of the photovoltaic industry coupled with favorable regulatory schemes and initiatives fostering the development of PV modules. Furthermore, reduced production cost, technological advancements, streamlined government policies, and rising investments from funding consortiums organized by local authorities across emerging nations are anticipated to create an incremental market opportunity for the Photovoltaic Backsheet market in the near future.

The Photovoltaic Backsheet Market can be been segmented based on cell, material, and region in terms of value. In terms of cell, the Photovoltaic Backsheet market can be classified into photovoltaic (PV) and thin film solar cells. Based on material, the Photovoltaic Backsheet  market can be categorized into fluoride and non-fluoride.

In terms of region, the Photovoltaic Backsheet market is dominated by Europe, which constitutes around 30% market share. Central and Eastern Europe are emerging regions of the Photovoltaic Backsheet market in Europe. The Photovoltaic Backsheet market in Asia Pacific is significant on account of presence of countries such as China, India, Taiwan, Japan, and South Korea, which are emerging hotspots and hold great potential for future market development. North America accounts for a fair Photovoltaic Backsheet market share, and Canada is expected to be an emerging country of the Photovoltaic Backsheet market over the forecast period.

Global Photovoltaic Backsheet Market: Key Players

Prominent players operating in the global Photovoltaic Backsheet Market include DuPont, Isovoltaic, Coveme, Arkema, 3M, Toyo Aluminium, Madico, Hangzhou, Taiflex, Krempel, Targray, Toray, Dunmore, Astenik, and ZTT International. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Photovoltaic Backsheet Market

Pre Book