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Europe Solar PV Backsheet Market Trends

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

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Europe Solar PV Backsheet Market Trends

Increasing adoption of advanced materials and technologies aimed at enhancing durability, efficiency, and sustainability of PV modules will improve the market statistics. Notable shift towards the development of lightweight and flexible backsheets that offer superior weather resistance and electrical insulation properties, catering to the demand for high-performance solutions in diverse environmental conditions will stimulate the business landscape. Moreover, growing emphasis on the integration of innovative features including self-cleaning coatings and anti-reflective surfaces to improve energy yield and reduce maintenance requirements, will positively strengthen the product demand.

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.