Solar Backsheet Market 2019 | Global Industry Analysis By Size, Share, Challenges, Opportunities, Statistics, Emerging Trends, Competitive Landscape And Regional Forecast To 2023

“Solar Backsheet Market”
Market Research Future published a research report on “Solar Backsheet Market Research Report – Forecast to 2023”, Global Solar Backsheet Market is expected to grow at 7.20% CAGR during the forecast period. Report provides comprehensive information on Global Solar Backsheet Market size, share, industry trends, growth, with regional forecast to 2025.

Global solar backsheet market is expected to witness substantial growth during the forecast period owing to increase in the installations of solar power plants. Asia Pacific is expected to be the largest and the fastest-growing market, by region, during the forecast period. This is due to the significant increase in solar PV installation in China, Japan, and India. For instance, Japan installed 6 GW to 7.5 GW of solar power plant in 2018. Moreover, the Ministry of Economy, Trade and Industry (METI) has revoked approvals for 260,000 solar projects, with 14.6 GW of capacity. This would, in turn, boost the growth of solar backsheet installation in Japan.

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Solar backsheet is used in solar power plants to generate electricity for various applications such as residential, commercial, military, industrial, and utilities. Solar backsheet is used to protect the photovoltaic module from UV radiations, moisture penetration, electrical insulation, and offer the durability to the PV module. Need for reduction of carbon emission is also likely to drive the solar backsheet market. Solar power is widely used as it is an affordable source of electricity and helps to reduce energy bills along with cutting down the CO2 emissions that affect our environment.  For instance, according to Bloomberg New Energy Finance (BNEF), India is building multiple large solar power parks which would include half of the world’s ten largest solar parks. Thus, accelerating the demand for solar backsheet.

Key players in global Solar Backsheet Market studied are:

Honeywell (US), Agfa (Belgium), Dupont (US), Jolywood (China), Isovoltaic (Austria), 3M (US), Dunmore Corporation (US), Hangzhou Sunhome Solar Backsheet Co.,Ltd. (China), Krempel (Germany), and Flexcon (US)   

Solar Backsheet Market Segments Analysis:

Global Solar Backsheet Market, By Type

  • Fluoropolymer
  • Non-fluoropolymer

 Global Solar Backsheet Market, By Installation

  • Roof Mounted
  • Ground Mounted
  • Floating Power Plant

Global Solar Backsheet Market, By Application

  • Utility
  • Residential
  • Commercial
  • Industrial
  • Military

 Global Solar Backsheet Market, By Regions

  • North America 
  • Asia-Pacific 
  • Europe
  • Rest of the World

Solar Backsheet Regional Market Analysis

Region wise, Asia Pacific held the largest market share of the global solar backsheet market in 2017. It is estimated that Asia-Pacific region would be the fastest growing market during the forecast period, mainly due to the rising investment in renewable energy sources and high demand for solar backsheet by the utilities. The solar backsheet market would be mainly driven by the favorable government initiatives to increase the investment in renewable energy to reduce carbon emission.

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Table of Contents

1. Executive Summary 

2. Market Introduction 

2.1. Market Definition 

2.2. Scope Of The Study 

2.3. Market Structure 

3. Research Methodology 

3.1. Primary Research 

3.2. Secondary Research 

3.3. Market Size Estimation

3.4. Forecast Model 

3.5. List Of Assumptions 

4. Market Dynamics 

4.1. Drivers 

4.1.1. Increasing Solar Pv Installation 

4.1.2. Increasing Share Of Renewable Energy Sources In The Power Generation Mix

 4.1.3. Government Support To Enable Adoption Of Renewable Technologies

 4.2. Restraints 

4.2.1. High Installation Cost Of Solar Pv Power 

4.3. Opportunities 

4.3.1. Technology Advancement 

4.4. Porter’s Five Forces Analysis 

4.4.1. Threat Of New Entrants

4.4.2. Bargaining Power Of Buyers

4.4.3. Bargaining Power Of Suppliers

4.4.4. Threat Of Substitutes

4.4.5. Intensity Of Rivalry

5. Value Chain/Supply Chain Analysis

Continued….

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