Photovoltaic Backsheet Market Growth Factors, Trends and Revenue Analysis till 2028

Posted on 2019-11-15 by researchinsights in Chemicals // 0 Comments

15^th Nov 2019 – Global Photovoltaic Backsheet Market is anticipated to witness an exponential growth in the forecast period. Photovoltaic (PV) backsheet constitutes the outermost layer of the PV module assembly and is one of the most critical materials used in the solar PV module assembly. The PV backsheet is designed to defend the inner constituents of the component. The photovoltaic backsheet material is covered with an encapsulant on the solar cell.

The factors that propel the growth of the photovoltaic backsheet market include growing demand for photovoltaic backsheet in the industry, technological advancement, ongoing development of the photovoltaic industry, satisfactory regulatory schemes and initiatives, reduced production price, efficient administration policies, and increasing investments from funding groups organized by local establishments across developing countries.

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On the other hand, the factor that may hamper the growth of the market includes high cost of material. Globally, market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Market could be explored by cell type, material, type, application, sale channel and geography. Market by cell type could span photovoltaic (PV) and thin film solar cells. Based on material, the market could span fluoride and non-fluoride.

The photovoltaic backsheet market could be explored based on type as Fluoropolymer and Non-Fluoropolymer. The “Fluoropolymer” segment led the market in 2017 and will continue to lead in the forecast period. The key factors attributed to the growth of market include higher efficiency, increasing acceptance, increasing manufacturing productivities and better insulation properties.

The key applications that could be explored in the market include Industrial, Utility, Residential, Commercial and Military. Based on sales channel, the market could span Direct Channel and Distribution Channel. The “Direct Channel” segment led the market in 2017 and will continue to lead in the forecast period.

Leading Players:

Agfa
Dupont
Jolywood
Coveme
Isovoltaic
3M
Hangzhou First
Honeywell
Toray
Cybrid
Dunmore
Krempel
Mitsubishi Polyester Film
Targray

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Market split by Sales Channel, can be divided into:

Direct Channel
Distribution Channel

Market segment by Region/Country including:

North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America Brazil, Argentina, Colombia and Chile etc.)
Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

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