Solar Backsheet Market – Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028, Segmented By Type (Fluoropolymer, Non-fluoropolymer), By Installation Techniques (Flat Roof Solar, Pitched Roof Solar, Ground Mount Solar, Others), By Thickness (Less than 100mm, 100-500mm, & Greater than 500mm), By Application (Commercial, Industrial, Residential & Utilities), By Region

Global Solar Backsheet Market

One of the well-known categories with the largest market share is the fluoropolymer backsheet, which is more expensive than non-fluoropolymer. It provides improved protection against environmental hazards such as UV rays, dampness, and vapour infiltration.

Favorable Government Policies & Huge Rise in Solar Panel installation are the Factors Fueling the Market Growth

One of the main reasons propelling the market's expansion is the huge rise in solar panel installations throughout the world. Additionally, the market expansion is being fueled by the introduction of favorable government policies supporting different solar energy projects.

Solar roof tops with effective backsheets are in increasing demand throughout the residential, commercial, and industrial sectors as a result of the desire for sustainable energy sources and the emphasis on utility-scale projects. As a result, the market is anticipating a promising future.

The creation of improved fluoropolymer backsheets is one of several product developments that are working as growth-promoting elements. These variations provide improved hydrolytic stability and a resilience to severe weather. Additional factors are projected to fuel the market, such as the growing construction of micro-grid networks to fulfil the rising off-grid energy demands and significant research and development (R&D) efforts.

However, the lack of pure silicon found at to produce solar PV cells, is one of the main market constraints. Even though silicon dioxide is widely accessible, it costs more to produce pure silicone since it takes a lot of energy to remove the oxygen from the molecule.

Rising Investment in Renewable Energy Generation

Solar Power Europe estimates that during the past ten years, solar power increased quickly, from 30.13 GW in 2011 to 138.2 GW in 2020. Utility-scale projects and the market for fluoropolymer solar backsheets were the main drivers of this growth.

An Indian state-owned firm, Bharat Electricronics Limited, issued an invitation to bid for a 2.86 MW grid-connected solar power project in the Maharashtra towns of Amravati and Akola in 2021. The solar backsheet should also feature three-layered structures, according to the tender document. A fluoropolymer UV-resistant polymer should be used for the inner layer, a polyester-based material for the intermediate layer, and a fluoropolymer for the outside layer.

As a result, the sector is expected to see widespread use in solar energy projects since it offers more advantages than non-fluoropolymers. Additionally, it is anticipated that throughout the forecast period, mass manufacturing would reduce costs and expand the market.

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Market Segmentation

The Global Solar Backsheet Market is divided

Market Players

Major market players in the

Recent Development

• A 5,230MW integrated hybrid renewable energy plant was built On 1,929 hectares of land in Pinnapuram village, Kurnool district, Andhra Pradesh. Beginning in Q2 2022, construction is scheduled to be finished in Q4 2025. The project, which will employ 15,000 people during construction and 3,000 workers afterward, aims to handle the region's rising need for power.
• 1000 MW Puerto Penasco Solar Park – USD 1,644 million In Puerto Penasco, Sonora, Mexico, a solar power facility will be built on a 2,000-hectare plot of land. Beginning in Q2 2022, construction is scheduled to be completed in Q4 2027. The project's goal is to provide services for Sonora's 4 million residents as well as certain regions of Baja California.