Press release
Solar Back Sheet Market Size, Growth, Report Analysis 2023-2029
The global solar back sheet market size was valued at USD 1.71 billion in 2022 and is poised to grow at a significant CAGR of 7.2% during the forecast period 2023-29. The primary factors that drive the market are the growing use of solar panels, rising the market of the solar back sheet in the commercial, industrial, residential, and agricultural sector.View the detailed report description here - https://precisionbusinessinsights.com/market-reports/solar-backsheet-market
The solar back sheet market is segmented based on type, installation techniques, end user, and region.
Based on the type, the market is segmented into the following:
• Fluoropolymer
• Non-Fluoropolymer
Based on the installation techniques, the market is segmented into the following:
• Flat Roof Solar
• Pitched Roof Solar
• Ground Roof Solar
Based on the end user, the market is segmented into the following:
• Commercial
• Industrial
• Residential
• Others
Based on the region, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Fluoropolymer to Dominate the Solar Back Sheet Market:
Based on type, Fluoropolymer holds the highest market share. The major factor for the rise of this segment is the use of long-lasting and weather-resistant solar panels, fluoropolymer provides an advantage by providing a water-resistant polymer for the back sheet to the customer to use effective solar panels. The listed are the major factors that drive the Solar Back Sheet Market growth over the forecast period.
Asia Pacific Solar Back Sheet Market:
Asia Pacific region is expected to grow significantly in Solar Back Sheet Market over the forecast period. The Asia Pacific region held the largest market share in the solar back sheet market. China is the largest producer of solar panels and solar sheets, which covers 40% total revenue on a solar back sheets in the market around the world. India is the emerging market for solar sheets in the Asia Pacific region. Japan and Indonesia significantly show growth in the solar back sheet market due to irregular weather which makes restraints the use of solar panels.
Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players.
The Solar Back Sheet Market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share.
In October 2021, Coveme S.P.A participated in the Intersolar Europe exposition in Munich, Germany. The company unveiled a new range of back sheet films under the DyMAT brand. The new films are made from completely recycled polyethylene terephthalate (PET) using the company's closed-loop recycling project for back sheets.
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Key players' profiles in the solar back sheet market report are; 3M, Dupont De Nemours Inc., Toray Industries Inc., Toyo Aluminium KK, ZTT International, Canadian Solar, Trina Solar, JA Solar, JinkoSola, Cybrid Technologies, Mitsubishi Polyester Film, and Taiflex
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