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Ultra-Thin Solar PV Backsheet Market Share

Report ID: GMI11921
Published Date: Oct 2024
Report Format: PDF

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Ultra-Thin Solar PV Backsheet Market Share

Eminent market players are investing heavily in research and development to innovate ultra-thin backsheet technologies. This includes enhancing properties such as thermal stability, UV resistance, and moisture barrier capabilities. Companies are adopting life-cycle assessments to improve the environmental impact of their products and are marketing their backsheets as sustainable alternatives. This aligns with global trends toward reducing carbon footprints and can enhance brand reputation, attracting environmentally conscious customers.

Ultra-Thin Solar PV Backsheet Market Companies

Eminent players operating in the ultra-thin solar PV backsheet industry are:

3M
Astenik Solar
Cybrid Technologies
Coveme
DUNMORE
Endurans Solar
Krempel GmbH
RenewSys India
SILFAB SOLAR
Targray

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The global market for ultra-thin solar PV backsheet was reached USD 548.9 million in 2023 and is estimated to grow at a 1.7% CAGR from 2024 to 2032, driven by increasing solar PV installations.

The fluoride segment is projected to surpass USD 300 million by 2032, due to its excellent protection against UV radiation, moisture, and chemical exposure.

The PEN segment is set to grow at a CAGR of over 2% through 2032, owing to its exceptional thermal stability and lightweight characteristics.

The Asia Pacific market for ultra-thin solar PV backsheet market is anticipated to reach USD 250 million by 2032, driven by a rapid surge in solar energy installations and government incentives for renewable energy.

Key players in the industry include 3M, Astenik Solar, Cybrid Technologies, Coveme, DUNMORE, Endurans Solar, Krempel GmbH, RenewSys India, SILFAB SOLAR, and Targray.