Market Overview:
The global composite backsheet market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for solar energy across the globe. In addition, the growing awareness about climate change and its impact on environment is also driving the demand for solar energy, which in turn is boosting the demand for composite backsheets. The global composite backsheet market by type can be segmented into fluoropolymer and non-fluoropolymer composites. The fluoropolymer composites are expected to dominate this market during the forecast period owing to their superior properties such as high thermal stability, chemical resistance, and low permeability to gases and vapors. These properties make them suitable for use in applications such as roof-mounted systems where high performance is required. The global composite backsheet market by application can be segmented into roof-mounted systems and ground-mounted systems.
Product Definition:
A composite backsheet is a type of material used in the manufacturing of diapers and other absorbent hygiene products. It is made up of multiple layers, typically including a water-resistant layer, an air-permeable layer, and a moisture-wicking layer. Composite backsheets are important because they help keep the product dry and comfortable to wear.
Fluoropolymer:
Fluoropolymer is a type of polymer that contains carbon and fluorine molecules. Fluoropolymers are extensively used in composite backsheets for water heaters, gas fireplaces, stoves & ovens as well as for radiators under the brand name “Teflon”. The growth factor responsible for the increase in demand is due to its properties such as non-stickiness, chemical inertness and high temperature resistance among others.
Non-Fluoropolymer:
Non-fluoropolymer is a general term used for non-toxic, low reactive and durable raw materials that can be incorporated into composite backsheets. The most commonly used non-fluoropolymer in composites are carbon fiber, aramid fibers, glass fiber and wood flour.
Carbon Fiber Usage in Composite Back Sheet Market Size & Forecast to 2024 -> Global Carbon Fiber Usage in Composite Back Sheet Market was valued at USD 885 million in 2015.
Application Insights:
Roof-mounted composite backsheets find application in the residential sector on account of its lightweight and low installation cost. The product is also beneficial as it can be attached to the roof via metal, polymer or tiles depending upon its thickness. Composite backsheets are used for waterproofing and insulation purposes, thereby increasing the lifespan of roofs.
The ground-mounted composite backsheet finds application in commercial buildings such as shopping malls, hospitals, hotels etc., owing to properties such as thermal & acoustic insulation and water resistance offered by these products. These composites are increasingly being utilized for new building construction owing to their benefits including energy efficiency, reduced maintenance costs along with a longer lifespan compared to conventional materials used for mounting walls/roofs such as steel sheets or concrete slabs.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is anticipated to grow at a significant rate over the forecast period. This growth can be attributed to increasing demand from countries such as China, India, Japan, South Korea, Malaysia and Indonesia among others.
China was one of the largest markets for composite backsheets globally owing to rapid urbanization coupled with growing construction activities across various applications including roof-mounted as well as ground-mounted ones. In addition, rising awareness regarding energy conservation coupled with strict government regulations on energy consumption are likely to propel industry growth in this country over the coming years.
North America emerged as another promising regional market for composite backsheets due to high demand from end-use industries such as building & construction; automotive; electrical & electronics; marine etc.
Growth Factors:
- Increasing demand for lightweight and durable composite backsheets in the automotive industry to reduce weight and improve fuel efficiency
- Growing demand for solar energy due to rising concerns about global warming and climate change
- Rising demand from emerging markets such as China and India due to growing population and increasing disposable income
- Increasing use of composites in aerospace applications for improved performance and weight savings
- Technological advancements that lead to new applications or higher performance of composites
Scope Of The Report
Report Attributes
Report Details
Report Title
Composite Backsheet Market Research Report
By Type
Fluoropolymer, Non-Fluoropolymer
By Application
Roof-Mounted, Ground-Mounted
By Companies
Cybrid Technologies, Jolywood, Coveme, Luckyfilm, Taiflex, Toppan, Zhongtian Technologies Group, Crown Advanced Material, Fujifilm, Hangzhou First PV Materia, Cybrid Technologies, Toyal, Ventura, HuiTian, SFC, Vishakha Renewables
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Composite Backsheet Market Report Segments:
The global Composite Backsheet market is segmented on the basis of:
Types
Fluoropolymer, Non-Fluoropolymer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Roof-Mounted, Ground-Mounted
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cybrid Technologies
- Jolywood
- Coveme
- Luckyfilm
- Taiflex
- Toppan
- Zhongtian Technologies Group
- Crown Advanced Material
- Fujifilm
- Hangzhou First PV Materia
- Cybrid Technologies
- Toyal
- Ventura
- HuiTian
- SFC
- Vishakha Renewables
Highlights of The Composite Backsheet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fluoropolymer
- Non-Fluoropolymer
- By Application:
- Roof-Mounted
- Ground-Mounted
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Composite Backsheet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A composite backsheet is a financial statement that summarizes the financial performance of a company over a period of time. The backsheet typically includes information such as total assets, liabilities, and shareholders' equity.
Some of the major companies in the composite backsheet market are Cybrid Technologies, Jolywood, Coveme, Luckyfilm, Taiflex, Toppan, Zhongtian Technologies Group, Crown Advanced Material, Fujifilm, Hangzhou First PV Materia, Cybrid Technologies, Toyal, Ventura, HuiTian, SFC, Vishakha Renewables.
The composite backsheet market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Composite Backsheet Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Composite Backsheet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Composite Backsheet Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Composite Backsheet Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Composite Backsheet Market Size & Forecast, 2018-2028
4.5.1 Composite Backsheet Market Size and Y-o-Y Growth
4.5.2 Composite Backsheet Market Absolute $ Opportunity
Chapter 5 Global Composite Backsheet Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Composite Backsheet Market Size Forecast by Type
5.2.1 Fluoropolymer
5.2.2 Non-Fluoropolymer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Composite Backsheet Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Composite Backsheet Market Size Forecast by Applications
6.2.1 Roof-Mounted
6.2.2 Ground-Mounted
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Composite Backsheet Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Composite Backsheet Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Composite Backsheet Analysis and Forecast
9.1 Introduction
9.2 North America Composite Backsheet Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Composite Backsheet Market Size Forecast by Type
9.6.1 Fluoropolymer
9.6.2 Non-Fluoropolymer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Composite Backsheet Market Size Forecast by Applications
9.10.1 Roof-Mounted
9.10.2 Ground-Mounted
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Composite Backsheet Analysis and Forecast
10.1 Introduction
10.2 Europe Composite Backsheet Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Composite Backsheet Market Size Forecast by Type
10.6.1 Fluoropolymer
10.6.2 Non-Fluoropolymer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Composite Backsheet Market Size Forecast by Applications
10.10.1 Roof-Mounted
10.10.2 Ground-Mounted
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Composite Backsheet Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Composite Backsheet Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Composite Backsheet Market Size Forecast by Type
11.6.1 Fluoropolymer
11.6.2 Non-Fluoropolymer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Composite Backsheet Market Size Forecast by Applications
11.10.1 Roof-Mounted
11.10.2 Ground-Mounted
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Composite Backsheet Analysis and Forecast
12.1 Introduction
12.2 Latin America Composite Backsheet Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Composite Backsheet Market Size Forecast by Type
12.6.1 Fluoropolymer
12.6.2 Non-Fluoropolymer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Composite Backsheet Market Size Forecast by Applications
12.10.1 Roof-Mounted
12.10.2 Ground-Mounted
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Composite Backsheet Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Composite Backsheet Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Composite Backsheet Market Size Forecast by Type
13.6.1 Fluoropolymer
13.6.2 Non-Fluoropolymer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Composite Backsheet Market Size Forecast by Applications
13.10.1 Roof-Mounted
13.10.2 Ground-Mounted
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Composite Backsheet Market: Competitive Dashboard
14.2 Global Composite Backsheet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cybrid Technologies
14.3.2 Jolywood
14.3.3 Coveme
14.3.4 Luckyfilm
14.3.5 Taiflex
14.3.6 Toppan
14.3.7 Zhongtian Technologies Group
14.3.8 Crown Advanced Material
14.3.9 Fujifilm
14.3.10 Hangzhou First PV Materia
14.3.11 Cybrid Technologies
14.3.12 Toyal
14.3.13 Ventura
14.3.14 HuiTian
14.3.15 SFC
14.3.16 Vishakha Renewables
