Solar Backsheet Market: Introduction

The solar panel module comprises various parts such as frame, glass, encapsulant, solar cells, backsheet, and junction box. All the parts play a vital role in the overall working of the solar panel module. Backsheet is situated at the bottom of the solar panel. It is the last layer, generally made of polymer or combination of polymers. It is designed to shield the inner peripherals of the module, particularly electrical components and photovoltaic cells, from external impacts as well as act as an electrical insulator. Solar backsheet protects solar panel module from ultraviolet radiations, which may damage most of polymer materials. The backsheet protects solar module from dryness, dust, chemicals, sand, wind, humidity, and vapor penetration. Solar backsheet plays an important role in the overall working and life of solar panel modules.

Solar backsheet improves the overall efficiency of the solar panel module by optimizing reflectance characteristics. It provides good stability under freeze thaw and damp heat conditions. It provides remarkable bond strength across extreme environmental conditions. A good quality solar backsheet is necessary, as a poor quality sheet can lead to unwanted maintenance, system degradation, and replacements.           

The selection of solar backsheet material has a considerable impact on how it withstands the elements and performs over the course of its lifetime. Most solar panel manufacturers use Tedlar Polyester Tedlar (TPT) for solar backsheet. The combination of Tedlar Polyester Tedlar material enhances the material qualities of Tedlar; hence, it is used as backsheet of solar panels to improve the durability of the solar panels. TPT is one of the commonly used polymer multi-laminates for solar panels, as there are very less materials with relative material qualities. In case of bifacial solar panel module, the solar backsheet must be optically transparent, as bifacial panels are designed to absorb sunlight from both sides of the photovoltaic cell. Significant development in terms of testing and standardization is involved in the design and testing of materials used in backsheets.

Solar Backsheet Market: Key Segments

The global solar backsheet market can be segment based on application, type, installation, and region. In terms of application, the global solar backsheet market can be classified into industrial, commercial, utility, residential, and military. Based on type, the solar backsheet market can be bifurcated into fluoropolymer and non-fluoropolymer. In terms of installation, the solar backsheet market can be segregated into ground mounted, floating power plant, and roof mounted.

Solar Backsheet Market: Regional Analysis

Based on region, the global solar backsheet market can be split into North America, Europe, Latin America, Middle East & Africa, and Asia Pacific. Asia Pacific is projected to lead the global solar backsheet market during the forecast period, owing to the rise in investments in the solar power industry in China and India.  The solar backsheet market in North America and Europe is likely to expand at a rapid pace during the forecast period. Middle East & Africa and Latin America are anticipated to account for reasonable share of the global solar backsheet market during the forecast period.

Solar Backsheet Market: Key Players

Key players operating in the global solar backsheet market include Agfa-Gevaert NV, DuPont, Suzhou PV, Coveme, ISOVOLTAIC SOLINEX GmbH, 3M, HANGZHOU FIRST APPLIED MATERIAL CO.,LTD., Honeywell International Inc, TORAY INDUSTRIES, INC., Suzhou Wu race Applied Technology Co., Ltd, DUNMORE, KREMPEL GmbH, Mitsubishi Polyester Film, Inc. and Targray.

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?

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.

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