PUBLISHER: Visiongain | PRODUCT CODE: 1742445
PUBLISHER: Visiongain | PRODUCT CODE: 1742445
The global Solar PV Backsheet market is projected to grow at a CAGR of 26.3% by 2035.
The Solar PV Backsheet Market Report 2025-2035 (Including Impact of U.S. Trade Tariffs): This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Advancements in Backsheet Materials Technology
Material innovation is a critical force shaping the solar PV backsheet market. Traditionally, backsheets have been made using triple-layer structures such as PET (polyethylene terephthalate) and fluoropolymers like PVDF or Tedlar¬AE (a DuPont product). However, ongoing R&D has led to the emergence of co-extruded backsheets, mono-material backsheets, and fluorine-free alternatives that promise enhanced durability, lower cost, and environmental compatibility.
For example, Cybrid Technologies has introduced innovative co-extruded backsheets that reduce layer delamination risk and enhance UV resistance. Similarly, Endurans Solar (formerly DSM Advanced Solar) offers a fully recyclable, fluorine-free backsheet with a 30-year field performance record under high UV and damp heat conditions, making it a strong choice for desert or tropical environments.These technological advancements not only reduce lifecycle costs for PV developers but also align with evolving sustainability standards in global solar procurement.
Price Pressure and Margin Compression in a Highly Competitive Market
One of the most critical challenges restraining the global solar PV backsheet market is intense pricing pressure due to overcapacity and commoditization. With the rapid expansion of solar manufacturing, especially in China and Southeast Asia, a significant number of backsheet producers have entered the market, leading to an oversupply of standard backsheet products and a resulting decline in average selling prices (ASPs).
Manufacturers such as Hangzhou First Applied Materials, ZTT, and Cybrid Technologies-who enjoy economies of scale-are often able to offer backsheets at significantly lower prices. This forces smaller players and high-performance product manufacturers to either cut prices or lose market share, even when their products meet higher technical standards.
Moreover, utility-scale developers and EPCs are increasingly cost-sensitive, often prioritizing initial cost savings over long-term performance. This compromises the uptake of advanced, durable, or environmentally friendly backsheet such as fluorine-free or co-extruded types, which tend to carry a price premium.
This race to the bottom on pricing puts a strain on margins, reduces funding for R&D, and poses a challenge for differentiation-especially for Western manufacturers like DuPont and Krempel GmbH, who focus on high-performance and certified products but face tough competition from lower-cost Asian alternatives.
What would be the Impact of US Trade Tariffs on the Global Solar PV Backsheet Market?
The United States'recent decision to impose record-high tariffs-reaching up to 3,521%-on solar panel imports from Cambodia, Malaysia, Thailand, and Vietnam marks a significant escalation in the ongoing solar trade disputes. Triggered by a year-long investigation into alleged dumping and unfair subsidies linked to Chinese-backed manufacturers operating in Southeast Asia, the move is poised to disrupt the global solar photovoltaic (PV) supply chain. While aimed at revitalizing domestic solar manufacturing, these tariffs threaten to increase costs and reduce availability of key solar components, including backsheet, which are critical to module durability and performance. As the global solar industry grapples with oversupply, price volatility, and trade realignments, the implications of these U.S. tariffs are expected to ripple across both exporting and importing markets, with particularly sharp impacts on Southeast Asia,Aos manufacturing base and U.S. solar deployment timelines.
On April 22, 2025, the U.S. Department of Commerce announced record-breaking tariffs on solar panel imports from Cambodia, Malaysia, Thailand, and Vietnam-ranging from 250% to as high as 3,521%. These measures follow a year-long investigation initiated by the American Alliance for Solar Manufacturing Trade Committee, which accused Chinese manufacturers of bypassing existing tariffs by relocating operations to Southeast Asia and benefiting from unfair subsidies. If the U.S. International Trade Commission confirms material injury to the domestic industry in its June 2 ruling, the tariffs will be enacted by mid-June. Major companies like Trina Solar and Jinko Solar are among those facing heavy penalties, while smaller firms such as Cambodia,Aos Hounen Solar are effectively priced out of the U.S. market.
What Questions Should You Ask before Buying a Market Research Report?
You need to discover how this will impact the solar PV backsheet market today, and over the next 10 years:
Segments Covered in the Report
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 25 leading national markets:
The report also includes profiles and for some of the leading companies in the Solar PV Backsheet Market, 2025 to 2035, with a focus on this segment of these companies'operations.
Overall world revenue for Solar PV Backsheet Market, 2025 to 2035 in terms of value the market will surpass US$4,735.5 million in 2025, our work calculates. We predict strong revenue growth through to 2035. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.