UK solar PV backsheet market value to exceed USD 90 million by 2024: Global Market Insights, Inc.

Crystalline solar PV backsheet market is set to experience a growth of more than 4% during the forecast timeframe as large-scale deployment of crystalline solar PV backsheet products along with its heavier crystalline cell composition escalate the demand for insulation and support materials.

Selbyville, Delaware, Sept. 05, 2019 (GLOBE NEWSWIRE) --

Global solar PV backsheet market share is primed to experience a significant surge in demand over the forthcoming years. A predominant majority of this upsurge is being attributed to the market’s ongoing proliferation throughout the global photovoltaic industry. Solar PV backsheet industry trends are also being remuneratively influenced by the presence of a number of favorable regulations across several regional landscapes.

When looking at the global market through a regional perspective, North America solar PV backsheet market is slated to stand out prominently. A significant portion of this prominence can be credited to the expansion of United States market size.

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The country’s solar PV backsheet market share has accumulated a substantial momentum over the past few years owing to an increasing consent that works in favor of building an energy portfolio that is filled with sustainable energy mix. Clean energy has been maturing rapidly across the region and solar energy has become economically competitive throughout the landscape when compared to the region’s other auxiliary energy sources.

According to the U.S. Department of Energy, in 2016, jobs relating to the photovoltaics sector in the U.S. increased by a momentous 123% when compared to the numbers recorded in November of 2010, representing more than 209,000 photovoltaics workers.

Meanwhile, Europe is slated to emerge as another dominant entity augmenting the global market outlook when it comes to revenue generation. The UK solar PV backsheet market, particularly, is projected to record remunerative gains owing to the presence of favorable regulatory framework that promotes integration of sustainable energy generation technologies across the country’s energy generation portfolio.

In fact, the integration of sustainable energy generation technologies throughout the UK’s energy portfolio is slated to surpass more than $90 million by 2024. The UK, in line with introducing the provision of tax rebates, FiT and tariff reforms, has amasses utmost proliferation throughout the Solar PV backsheet industry landscape.

Additionally, the country’s plans to curb carbon emissions, adhered by the presence of competitive photovoltaic tariff anatomy, have substantially driven regulatory inclination in favor of photovoltaic adoption.

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In terms of material, Fluoropolymers represent more than 50% of the overall solar PV backsheet market. The segment’s domineering stance is being attributed to early adoption of fluoropolymers and the material’s unit longevity. Fluoropolymers boast of significantly higher insulation and efficiency properties in comparison to its non-fluoro counterparts.

Crystalline solar PV backsheet market size is set to experience a growth of more than 4% during the forecast timeframe. Large-scale deployment of crystalline solar PV backsheet products along with its heavier crystalline cell composition escalate the demand for insulation and support materials.

Growing product efficiencies, when coupled with the overall development of panel structures that are compact would drive integration of advanced backsheet technologies throughout the crystalline photovoltaic modules.

The TPT solar product segment is showcasing promising growth attributing to the product’s effective weather resistance and high inherent strength as compared to some other competitive counterparts.

TPT solar PV backsheet products boasts of a low permeability of moisture or vapor oil and is capable of withstanding extreme temperatures ranging -70° Celsius to approximately 110° Celsius. Going forward, an expanding industrial framework coupled with effective technical specifications would positively influence industry landscape.

Exponentially increasing traction of the renewable energy sector across several high-growth regions like Europe and North America will augment solar PV backsheet market trends.

Browse key industry insights spread across 453 pages with 702 market data tables & 34 figures & charts from the report, “Solar PV Backsheet Market By Product (TPT-Primed, TPE, PET, PVDF, PEN), Thickness (<100 Micrometre, 100 To 500 Micrometre, > 500 Micrometre), Material (Fluoride, Non-Fluoride), Technology (Crystalline, Thin Film, Ultra-Thin Film), Regional Analysis, Price Trend, Competitive Market Share & Forecast 2024” in detail along with the table of contents:

Table of Contents (ToC) of the report:

Chapter 3    Solar PV Backsheet Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2013 – 2024 (USD Million)

3.3    Industry ecosystem analysis

3.3.1    Vendor Matrix

3.4    Innovation and sustainability

3.5    Regulatory landscape

3.5.1    Standards

3.5.2    Regulations and Initiatives    U.S.    Europe    WEEE Directive (2012/19/EU)    UK    France    Germany    China    India    Australia    South Africa    Chile

3.6    Price trend analysis (PV Module)

3.6.1    North America

3.6.2    Europe

3.6.3    Asia Pacific & China

3.6.4    Middle East

3.6.5    Africa

3.6.6    Latin America

3.7    Technology Landscape

3.7.1    Crystalline

3.7.2    Thin film and Ultra-thin film

3.8    Solar PV installed capacity by country

3.9    Industry impact forces

3.9.1    Growth drivers    Growing adoption of sustainable energy technologies    Rapid deployment of solar roof-tops    Declining Solar Component Costs

3.9.2    Industry pitfalls and challenges    In-effective price performance index

3.10    Growth potential analysis

3.11    Porter’s Analysis

3.12    Competitive landscape, 2016

3.12.1    Strategy Dashboard    Dupont    ARKEMA    Isovoltaic    Dunmore

3.13    PESTEL Analysis

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. 


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