PUBLISHER: The Business Research Company | PRODUCT CODE: 1731040
PUBLISHER: The Business Research Company | PRODUCT CODE: 1731040
A solar photovoltaic (PV) backsheet is the outermost protective layer of a solar panel, designed to provide insulation, durability, and resistance against environmental factors such as UV radiation, moisture, and mechanical stress. It enhances the longevity and efficiency of solar modules by preventing electrical leakage and degradation. The PV backsheet plays a vital role in ensuring the long-term reliability of solar panels by acting as a protective barrier against harsh weather conditions, chemical exposure, and physical damage.
The main types of solar PV backsheets include Tedlar-PET-Tedlar (Primed), Tedlar-Polyester-Ethylene, Polyethylene Terephthalate (PET), Polyvinylidene Fluoride (PVDF), Polyethylene Naphthalate (PEN), and others. Tedlar-PET-Tedlar (Primed) features a PET core laminated between two Tedlar (PVF) layers, offering superior durability and weather resistance. PV backsheets are made from fluoropolymer and non-fluoropolymer materials and are compatible with various technologies, including crystalline, thin-film, and ultra-thin film. They are used in different installation types such as roof-mounted, ground-mounted, and floating solar systems and serve various end users, including residential, industrial, and utility-scale applications.
The solar photovoltaic (PV) backsheet market research report is one of a series of new reports from The Business Research Company that provides solar photovoltaic (PV) backsheet market statistics, including the solar photovoltaic (PV) backsheet industry global market size, regional shares, competitors with the solar photovoltaic (PV) backsheet market share, detailed solar photovoltaic (PV) backsheet market segments, market trends, and opportunities, and any further data you may need to thrive in the solar photovoltaic (PV) backsheet industry. This solar photovoltaic (PV) backsheet market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The solar photovoltaic (PV) backsheet market size has grown strongly in recent years. It will grow from $3.97 billion in 2024 to $4.32 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period was driven by increasing government initiatives, declining solar panel costs, rising residential adoption, increased subsidies, and the expanding use of solar energy on a commercial scale.
The solar photovoltaic (PV) backsheet market size is expected to see strong growth in the next few years. It will grow to $5.92 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The projected growth in the forecast period can be attributed to a growing focus on weather-resistant backsheets, an increase in off-grid solar applications, rising demand for lightweight solar modules, strengthened decarbonization targets, and the expanding use of flexible solar modules. Key trends expected in this period include the development of bifacial solar modules, integration of energy storage solutions, advancements in solar panel efficiency, innovations in non-fluoropolymer backsheets, and the promotion of circular economy practices in solar manufacturing.
The growing use of renewable energy is expected to drive the expansion of the solar photovoltaic (PV) backsheet market in the coming years. Renewable energy is derived from naturally replenishing sources such as sunlight, wind, water, and biomass. This increase in renewable energy adoption is driven by the rising demand for energy and the need to reduce carbon emissions to combat climate change. Solar photovoltaic backsheets play a key role in this transition by protecting solar panels, extending their lifespan, and ensuring sustainable energy production. For example, in October 2024, the International Energy Agency, a France-based intergovernmental organization, projected that global renewable electricity generation would surpass 17,000 TWh (60 EJ) by 2030, marking an almost 90% increase from 2023. As a result, the growing use of renewable energy is boosting the solar photovoltaic (PV) backsheet market.
The rising investment in solar energy farms is also expected to propel the growth of the solar photovoltaic (PV) backsheet market. Solar energy farms are large-scale solar panel installations designed to generate electricity for commercial or utility purposes. The increased investment in solar energy is driven by higher energy demand, decreasing solar panel costs, and government incentives for renewable energy. Solar photovoltaic backsheets improve the durability and efficiency of solar panels, lowering maintenance costs and providing better long-term returns, which make solar energy farms more appealing to investors. For instance, in June 2024, the International Energy Agency reported that investments in solar PV had risen from $480 billion in 2023 to $500 billion in 2024. Consequently, the growing investment in solar energy farms is fostering the growth of the solar photovoltaic (PV) backsheet market.
Key players in the solar photovoltaic (PV) backsheet market are focusing on developing advanced products, such as conductive backsheets, to boost module efficiency and performance. Conductive backsheets are specialized photovoltaic backsheets that include conductive materials to enhance the electrical performance and efficiency of solar panels. For example, in February 2023, Silfab Solar Inc., a Canadian photovoltaic module manufacturer, introduced the next generation of its Silfab ELITE series, a premium line of solar panels exclusively produced in the United States. The series features proprietary X-pattern technology along with an innovative conductive backsheet. This design increases power generation to 410 watts with a 21.4% efficiency rating, and its all-black, sleek appearance also improves the module's aesthetics.
Major players in the solar photovoltaic (pv) backsheet market are Dow Inc., 3M Company, DuPont de Nemours Inc., Arkema SA, Agfa-Gevaert N.V., Silfab Solar Inc., RenewSys India Pvt. Ltd., Cybrid Technologies Inc., Dunmore Corp., Krempel GmbH, TEKRA LLC, Coveme S.P.A., Targray Co., AI Technology Inc., Knack Energy Pvt Ltd., Vishakha Renewables Pvt. Ltd., Endurans Inc., MetSolar Pvt Ltd., Toyo Aluminium K.K., Neoflex Industries.
Asia-Pacific was the largest region in the solar photovoltaic (PV) backsheet market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in solar photovoltaic (PV) backsheet report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the solar photovoltaic (PV) backsheet market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The solar photovoltaic (PV) backsheet market consists of sales of polyamide backsheets, polyolefin backsheets, co-extruded backsheets, polycarbonate backsheets, and thermoplastic backsheets. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Solar Photovoltaic (PV) Backsheet Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on solar photovoltaic (pv) backsheet market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for solar photovoltaic (pv) backsheet ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The solar photovoltaic (pv) backsheet market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.