Solar Photovoltaic (PV) Backsheet Global Market Report 2025

The solar photovoltaic (pv) backsheet market size has grown strongly in recent years. It will grow from $3.97 billion in 2024 to $4.28 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to increasing government initiatives, the fall of solar panel costs, growing residential usage, the rise in subsidies, and the growing usage of solar energy on a commercial scale.

The solar photovoltaic (pv) backsheet market size is expected to see strong growth in the next few years. It will grow to $5.82 billion in 2029 at a compound annual growth rate (CAGR) of 8%. The growth in the forecast period can be attributed to a rising focus on weather-resistant backsheets, a rise in off-grid applications, rising demand for lightweight solar modules, a rise in decarbonization targets, and growth in the use of flexible solar modules. Major trends in the forecast period include the development of bifacial solar modules, the integration of energy storage, advancements in solar panels, advancements in non-fluoropolymer backsheets, and advancements in the circular economy.

The forecast of 8% growth over the next five years reflects a modest reduction of 0.3% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. Tariff barriers on backsheet films, adhesive materials, and fluoropolymer layers could increase production costs for solar PV modules, disrupting domestic manufacturing margins. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The growing use of renewable energy is expected to drive the expansion of the solar photovoltaic (PV) backsheet market in the coming years. Renewable energy is derived from naturally replenishing sources such as sunlight, wind, water, and biomass. This increase in renewable energy adoption is driven by the rising demand for energy and the need to reduce carbon emissions to combat climate change. Solar photovoltaic backsheets play a key role in this transition by protecting solar panels, extending their lifespan, and ensuring sustainable energy production. For example, in October 2024, the International Energy Agency, a France-based intergovernmental organization, projected that global renewable electricity generation would surpass 17,000 TWh (60 EJ) by 2030, marking an almost 90% increase from 2023. As a result, the growing use of renewable energy is boosting the solar photovoltaic (PV) backsheet market.

The rising investment in solar energy farms is also expected to propel the growth of the solar photovoltaic (PV) backsheet market. Solar energy farms are large-scale solar panel installations designed to generate electricity for commercial or utility purposes. The increased investment in solar energy is driven by higher energy demand, decreasing solar panel costs, and government incentives for renewable energy. Solar photovoltaic backsheets improve the durability and efficiency of solar panels, lowering maintenance costs and providing better long-term returns, which make solar energy farms more appealing to investors. For instance, in June 2024, the International Energy Agency reported that investments in solar PV had risen from $480 billion in 2023 to $500 billion in 2024. Consequently, the growing investment in solar energy farms is fostering the growth of the solar photovoltaic (PV) backsheet market.

Key players in the solar photovoltaic (PV) backsheet market are focusing on developing advanced products, such as conductive backsheets, to boost module efficiency and performance. Conductive backsheets are specialized photovoltaic backsheets that include conductive materials to enhance the electrical performance and efficiency of solar panels. For example, in February 2023, Silfab Solar Inc., a Canadian photovoltaic module manufacturer, introduced the next generation of its Silfab ELITE series, a premium line of solar panels exclusively produced in the United States. The series features proprietary X-pattern technology along with an innovative conductive backsheet. This design increases power generation to 410 watts with a 21.4% efficiency rating, and its all-black, sleek appearance also improves the module's aesthetics.

A solar photovoltaic (PV) backsheet is the outermost protective layer of a solar panel, designed to provide insulation, durability, and resistance against environmental factors such as UV radiation, moisture, and mechanical stress. It enhances the longevity and efficiency of solar modules by preventing electrical leakage and degradation. The PV backsheet plays a vital role in ensuring the long-term reliability of solar panels by acting as a protective barrier against harsh weather conditions, chemical exposure, and physical damage.

The main types of solar PV backsheets include Tedlar-PET-Tedlar (Primed), Tedlar-Polyester-Ethylene, Polyethylene Terephthalate (PET), Polyvinylidene Fluoride (PVDF), Polyethylene Naphthalate (PEN), and others. Tedlar-PET-Tedlar (Primed) features a PET core laminated between two Tedlar (PVF) layers, offering superior durability and weather resistance. PV backsheets are made from fluoropolymer and non-fluoropolymer materials and are compatible with various technologies, including crystalline, thin-film, and ultra-thin film. They are used in different installation types such as roof-mounted, ground-mounted, and floating solar systems and serve various end users, including residential, industrial, and utility-scale applications.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp rise in U.S. tariffs and the ensuing trade tensions in spring 2025 are having a notable impact on the utilities sector, particularly across power generation, grid modernization, and renewable energy initiatives. Increased duties on imported equipment such as turbines, transformers, solar panels, and battery storage systems are driving up both capital and operational expenses for utility companies, prompting many to delay projects or pass higher costs on to consumers through increased energy rates. The water and waste management sectors are similarly affected, as tariffs inflate the cost of essential machinery, piping, and treatment technologies. Moreover, retaliatory tariffs from key trading partners have disrupted the supply of critical raw materials - such as rare earth elements vital for clean energy technologies - posing further challenges to the shift toward sustainable energy. In response, the sector is increasingly focusing on domestic procurement, digital transformation, and efficiency-enhancing innovations to control rising costs while safeguarding energy reliability and meeting regulatory demands.

The solar photovoltaic (PV) backsheet market research report is one of a series of new reports that provides solar photovoltaic (PV) backsheet market statistics, including the solar photovoltaic (PV) backsheet industry global market size, regional shares, competitors with the solar photovoltaic (PV) backsheet market share, detailed solar photovoltaic (PV) backsheet market segments, market trends, and opportunities, and any further data you may need to thrive in the solar photovoltaic (PV) backsheet industry. This solar photovoltaic (PV) backsheet market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Major players in the solar photovoltaic (pv) backsheet market are Dow Inc., 3M Company, DuPont de Nemours Inc., Arkema SA, Agfa-Gevaert N.V., Silfab Solar Inc., RenewSys India Pvt. Ltd., Cybrid Technologies Inc., Dunmore Corp., Krempel GmbH, TEKRA LLC, Coveme S.P.A., Targray Co., AI Technology Inc., Knack Energy Pvt Ltd., Vishakha Renewables Pvt. Ltd., Endurans Inc., MetSolar Pvt Ltd., Toyo Aluminium K.K., Neoflex Industries.

Asia-Pacific was the largest region in the solar photovoltaic (PV) backsheet market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in solar photovoltaic (PV) backsheet report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the solar photovoltaic (PV) backsheet market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The solar photovoltaic (PV) backsheet market consists of sales of polyamide backsheets, polyolefin backsheets, co-extruded backsheets, polycarbonate backsheets, and thermoplastic backsheets. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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