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Europe Solar PV Backsheet Market Size

  • Report ID: GMI8657
  • Published Date: Mar 2024
  • Report Format: PDF

Europe Solar PV Backsheet Market Size

Europe Solar PV Backsheet Market was valued USD 1.8 billion in 2023 and is anticipated to grow at a CAGR of 2.7% between 2024 and 2032. It is a crucial component in photovoltaic (PV) modules, typically made of polymer or composite materials. Its primary function is to protect the solar cells from external environmental factors such as moisture, dust, and UV radiation, while also providing electrical insulation and supporting the module's structural integrity.

 

Growing demand for high-quality backsheet materials that enhance the durability and efficiency of PV modules while minimizing environmental impact will elevate the industry landscape. Advancements in backsheet technologies and the development of innovative materials with superior weather resistance and electrical insulation properties will improve business statistics. Additionally, increasing the deployment of solar PV installations in urban areas and commercial buildings will fuel the industry growth.
 

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

Europe solar PV backsheet industry size was USD 1.8 billion in 2023 and is projected to grow at a 2.7% CAGR from 2024-2032 owing to the growing demand for high-quality backsheet materials to enhance the durability and efficiency of PV modules while minimizing environmental impact.

The non-fluoride segment in the Europe solar PV backsheet market is estimated to generate more than USD 1 billion by 2032 driven by the growing concerns regarding the environmental impact and health hazards associated with fluoride-based backsheet materials.

Germany solar PV backsheet market size is poised to generate more than USD 500 million by 2032 owing to its pioneering role in renewable energy adoption and a strong commitment to sustainability in the region.

Some of the major solar PV backsheet firms in Europe include 3M, Astenik Solar, Arkema, Coveme, Cybrid Technologies Inc., DuPont, DUNMORE, Endurans Solar, Krempel GmbH, Madico, Inc, Targray, TOYO ALUMINIUM K.K, Toray Industries, Inc., Taiflex Scientific Co., Ltd., and VIKRAM SOLAR LTD.

Europe Solar PV Backsheet Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 300
  • Countries covered: 6
  • Pages: 270
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