North America Crystalline Solar PV Backsheet Market Size - By Material (Fluoride, Non fluoride), By Product (TPT-Primed, TPE, PET, PVDF, PEN), By Thickness (< 100 Micrometer, 100 to 500 Micrometer, > 500 Micrometer), Country Outlook & Forecast, 2024 – 2032

North America Crystalline Solar PV Backsheet Market Size

North America Crystalline Solar PV Backsheet Market was valued at USD 2.1 billion in 2023 and is anticipated to grow at a CAGR of over 1.1% between 2024 and 2032. It is a protective layer used in photovoltaic modules that encapsulates solar cells and provides insulation and protection against environmental factors such as moisture, UV radiation, and temperature fluctuations. It plays a crucial role in ensuring the durability and longevity of solar panels by shielding the delicate components from external damage while allowing sunlight to pass through to the solar cells for energy generation.
 

Favorable government policies and incentives promoting renewable energy adoption, including tax credits and rebates will augment the industry landscape. Ongoing innovations in backsheet materials, including the development of advanced polymers and coatings, enhance durability, weather resistance, and electrical insulation properties, will contribute to the overall efficiency and reliability of solar panels, thereby positively influence the industry growth.
 

North America Crystalline Solar PV Backsheet Market Trends

Ongoing integration of solar PV systems in diverse applications including residential, commercial, industrial, and utility-scale projects will stimulate the product adoption. Introduction of initiatives to reduce the cost of these systems, including advancements in manufacturing processes and economies of scale will stimulate the growth prospects. Furthermore, integrating bifacial modules and building-integrated photovoltaics (BIPV) drives innovation and diversification in backsheet solutions which will enhance the growth prospects.
 

North America Crystalline Solar PV Backsheet Market Analysis

Based on material, the fluoride segment is anticipated to reach USD 1 billion by 2032 owing to its exceptional properties and suitability across demanding solar applications. These materials offer excellent resistance to harsh environmental conditions including extreme temperatures, UV radiation, and moisture, ensuring the long-term durability and reliability of solar panels, which will accelerate the market growth. Moreover, materials contribute to enhanced electrical insulation and thermal management, and optimize the performance & efficiency of the system which will stimulate the business prospects.
 

Based on product, the PVDF segment is set to grow at a CAGR of over 1% through 2032, on account of its exceptional durability, thermal stability, and UV resistance. These materials exhibit superior chemical resistance and low moisture absorption, providing robust protection to solar cells, which will strengthen the business landscape. Growing focus on enhancing solar panel durability and efficiency coupled with shifting trends towards sustainable energy solutions, will enable backsheets to emerge as a preferred choice among manufacturers and installers in the solar industry.
 

U.S. crystalline solar PV backsheet market is projected to surpass USD 2.1 billion by 2032. Increasing adoption of solar energy along with increasing solar installations across residential, commercial, and utility-scale sectors, will drive the business scenario. Stringent regulatory standards and sustainability initiatives will encourage the deployment of advanced backsheet solutions offering superior weather resistance, UV protection, and thermal stability influencing the product penetration. Furthermore, increasing investments in renewable energy infrastructure and the availability of favorable government incentives and financing options will bolster the market growth.
 

North America Crystalline Solar PV Backsheet Market Share

Eminent market players are focusing on research and development to innovate new backsheet materials that offer improved durability, weather resistance, and performance characteristics. Strategic partnerships and collaborations with solar panel manufacturers, distributors, and industry stakeholders are undertaken to expand the market reach and enhance product offerings. Moreover, large scale investments in manufacturing facilities along with production capacity expansions will ensure supply chain resilience.
 

North America Crystalline Solar PV Backsheet Market Companies

Eminent players operating in North America crystalline solar PV backsheet industry are:

• 3M
• Astenik Solar
• Arkema
• Cybrid Technologies Inc
• Coveme
• DUNMORE
• DuPont
• Endurans Solar
• Flexcon
• Krempel GmbH
• SILFAB SOLAR INC.
• TOYO ALUMINIUM K.K
• Targray
• TAIFLEX Scientific Co., Ltd
• VIKRAM SOLAR LTD.
   

North America Crystalline Solar PV Backsheet Industry News

• In September 2022, Endurans Solar, a solar backsheet manufacturer, announced to increase in its manufacturing capacity in the US, with specific details undisclosed. The company is currently in the process of selecting a suitable location, with plans for the facility to become operational by mid-2023. This expansion aims to establish a local supply chain for backsheets, resulting in significant cost savings due to reduced import duties and shorter delivery timelines.
   
• In December 2023, Endurans Solar partnered with Enlog as co-exhibitors at Intersolar North America in San Diego. They will provide hands-on samples and present the latest research on backsheet performance and sustainability, thereby supporting the product landscape.
   

This North America crystalline solar PV backsheet market research report includes an in-depth coverage of the industry with estimates & forecast in terms of volume and revenue in “Million Square Foot & USD Billion” from 2019 to 2032, for the following segments:

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Market, By Material

• Fluoride
• Non fluoride

Market, By Product

• TPT-Primed
• TPE
• PET
• PVDF
• PEN
• Others

Market, By Thickness

• < 100 Micrometer
• 100 to 500 Micrometer
• > 500 Micrometer

The above information has been provided for the following countries:

• U.S.
• Canada
• Mexico