Transparency Market Research in its new report titled, “Photovoltaic Backsheet Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the photovoltaic backsheet market. The new report anticipates that the ongoing expansion of the photovoltaic industry coupled with favorable regulatory schemes and initiatives fostering the development of PV modules will drive the photovoltaic backsheet market during the forecast period i.e, 2018-2026. 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, says the TMR report.
The TMR report has segregated the photovoltaic backsheet market based on cell, material, and region in terms of value. On the basis of cell, the photovoltaic backsheet market is classified into photovoltaic (PV) and thin film solar cells. Based on material, the photovoltaic backsheet market is split into fluoride and non-fluoride. 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.
Based on geographical perspective, the photovoltaic backsheet market is dominated by Europe, which constitutes around 30% market share. Central and Eastern Europe are emerging regions for 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. Major players operating in the global photovoltaic backsheet market are profiled in this report to give a better competitive landscape and these include DuPont, Isovoltaic, Coveme, Arkema, 3M, Toyo Aluminium, Madico, Hangzhou, Taiflex, Krempel, Targray, Toray, Dunmore, Astenik, and ZTT International.
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