Home > Energy & Power > Electrical Equipment > Solar Parts and Components > Fluoride Solar PV Backsheet Market

Fluoride Solar PV Backsheet Market Trends

Report ID: GMI11972
Published Date: Oct 2024
Report Format: PDF

Download Free Sample

Fluoride Solar PV Backsheet Market Trends

Expanding popularity of high-energy yield materials that can reduce energy losses within the PV modules, and increase overall energy capture, especially in large-scale solar installations will create lucrative opportunities for the industry statistics. Growing demand for high-efficiency solar panels, particularly in residential, commercial, and utility sectors will impact the product adoption. Furthermore, their improved environmental sustainability compared to some traditional backsheet materials will bolster business growth.

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market size of fluoride solar PV backsheet reached USD 7.4 billion in 2023 and is set to grow at a 1.6% CAGR from 2024 to 2032, driven by the global surge in solar installations.

The crystalline technology segment is projected to surpass USD 6 billion by 2032, owing to its high efficiency in converting sunlight into electricity.

The Asia Pacific market is anticipated to exceed USD 4.5 billion by 2032, led by rapid solar energy deployment and ambitious renewable energy targets in countries like China, India, Japan, and Australia.

The industry features prominent players such as 3M, Astenik Solar, Alishan Green Energy, Arkema, Coveme, DuPont, DUNMORE, Krempel, MJK Power, RenewSys India, Targray, and Vishakha Renewables.