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Electrical energy is the basic need today and as the carbon emissions have been rising over the last few years there has been a need for an alternate source of energy. Solar energy is renewable energy backed with the government's ambitious green energy targets therefore, it has become a major attraction for investors. Over the last decade countries like China, Germany and USA have come up as solar powerhouses and increased the production of electricity by solar PV which in turn has helped the solar back sheet market to grow.
The solar cell back sheet is the outermost layer of the solar PV module, therefore any solar panel installation mandatorily has a back sheet associated with it. The major purpose of the back sheet is to protect the PV module from ultraviolet radiations, any sort of moisture penetration, electrical insulation of the system, and to offer durability to the solar PV module. Global solar PV market has spread across very rapidly which has led to more and more use of solar back sheets and innovation of new products such as solar air conditioning, solar charger, solar inverter, solar chimney, solar-powered refrigerator, solar cooker, solar dryer, solar street lights, solar traffic lights, solar cars, solar bus etc.
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On the basis of types, the solar back-sheet market can be segmented into fluoropolymer and non-fluoropolymer. TPT which is a fluoropolymer solar PV back sheet is the most used back sheet due to its high inherent strength and effective weather resistance as compared to other available counterparts. On the basis of installation techniques, solar back-sheets can be segmented into flat roof solar, pitched roof solar, ground mount solar and others. Solar back-sheet is used in every type of installation. The solar back-sheet market can also be segmented based upon the thickness of the back sheet film into less than 100mm, 100m-500mm, greater than 500mm. Less than 100mm is predicted to witness strong growth owing to the low production cost and extensive use in small scale solar applications. The solar back-sheet market can also be segmented on the basis of application in various fields like residential, commercial, industrial and utilities. Solar back-sheet has been adopted in parallel with solar panels installations and solar installation have been more in residential applications for water heaters, battery, and cell phone chargers, solar vehicles, etc.
The major market driver for the global solar back-sheet market is the increasing demand for clean energy around the world. Many Countries are now shifting towards renewable sources of energy. With the provision of government incentives and tax rebates over the installation of solar panels, solar energy is the most adopted amongst the available sources.
The Key Market restraint for the global solar back-sheet market is the high cost of installation of the solar panels. Along with the high costs a certain area of land has to be given for the installation of the panels, the required amount of area increases with an increase in the energy required. Post installation of panels the area cannot be used further for any other purpose which acts as a restraint in the growth of the solar back-sheet market.
Some of the major companies that are present in the solar back-sheet market are DuPont, Isovoltaic, Coveme, Arkema, 3M, Toyo Aluminium, Madico, Hangzhou, Taiflex, Krempel, Targray, Toray, Dunmore, Astenik, ZTT International, Cybrid, and Jolywood.
Segmentation of the Global Solar Back-Sheet Market
By Installation Techniques
· Flat Roof Solar
· Pitched Roof Solar
· Ground Mount Solar
· Less than 100mm
· Greater than 500mm
· North America (USA and Canada)
· Europe (UK, Germany, France, Netherlands, Norway, Russia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Chile, Brazil, Mexico, and Rest of Latin America)
· Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)
As both the developed and the developing countries worldwide have seen solar as an alternative for the conventional energy sources, the global solar back-sheet market has spread into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Globally, China is the largest energy producer using the solar and largest manufacturer of solar panels. In the Asia Pacific region countries like India and Indonesia have seen significant growth in the deployment of the solar panels. In Europe Italy, UK, Spain are the major contributors to the solar back-sheet market, and Germany stands as the largest energy producer using solar.
As the USA has drifted towards the cleaner sources of energy considering the carbon emission, it has the maximum number of solar panels installed in the North America region. Chile, Brazil, Uruguay are the major players operating in the South America region. South Africa is the largest energy producing nation in the Africa continent, the recent developments have seen other countries in the region like Angola, Egypt, Senegal also increase their power generation using solar.
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