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Solar PV Backsheet Market size surpassed USD 12.4 billion in 2022 and is anticipated to register 2.2% CAGR from 2023 to 2032.
Ongoing national renewable integration goals coupled with increasing public support for environmental security will lead to large-scale unit deployments throughout the world. Additionally, growing investments favored by optimized funds circulation organized by regulators across the emerging markets, will sway the industry growth.
The novel corona virus has hampered the overall industry progress on account of government-mandated shutdowns and movement restrictions. Disruptions in the supply chain coupled with delay in the construction projects are some of the variables influencing the business dynamics. However, the current vaccination campaign, enhanced medical facilities, and increased R&D investments in the industry will further strengthen the solar PV backsheet market outlook.
Report Attribute | Details |
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Base Year: | 2022 |
Solar PV Backsheet Market Size in 2022: | USD 12.4 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 2.2% |
2032 Value Projection: | USD 14.3 Billion |
Historical Data for: | 2019 to 2021 |
No. of Pages: | 450 |
Tables, Charts & Figures: | 1,445 |
Segments covered: | Product, Thickness, Material, Technology, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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