Top 10 Companies in the Composite-layer Film Backsheet Market (2025): Market Leaders Driving Solar Innovation

In Business Insights
September 27, 2025

The Global Composite-layer Film Backsheet Market was valued at USD 1.52 Billion in 2024 and is projected to reach USD 3.21 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 8.4% during the forecast period (2024–2032). This growth is being driven by expanding solar energy installations worldwide, with global solar PV capacity reaching 1.6 TW in 2024, government initiatives promoting renewable energy, and technological advancements in backsheet materials such as transparent films for bifacial modules.

As the solar industry advances toward higher efficiency and sustainable manufacturing, the focus is on the key suppliers who are pioneering durable, protective backsheets essential for photovoltaic module longevity. In this blog, we profile the Top 10 Companies in the Composite-layer Film Backsheet Market—a blend of global innovators, polymer specialists, and solar material experts shaping the future of renewable energy protection.


🔟 1. Krempel GmbH

Headquarters: Stuttgart, Germany
Key Offering: High-performance PET-based backsheets, Fluoropolymer composites

Krempel GmbH stands as a global leader in electrical insulation and composite materials, supplying advanced backsheets for photovoltaic modules across Europe, North America, and Asia. Their products emphasize superior UV resistance and moisture barrier properties, supporting long-term solar panel durability in diverse climates.

Innovation Initiatives:

  • Extensive R&D in multilayer fluoropolymer technologies
  • Expansion of production capacity in Germany to meet rising PV demand
  • Focus on sustainable, recyclable backsheet materials

Download FREE Sample Report: Composite-layer Film Backsheet Market – View in Detailed Research Report


9️⃣ 2. Taiflex Industrial Co., Ltd.

Headquarters: New Taipei City, Taiwan
Key Offering: TPT backsheets, PAP films, Custom solar encapsulants

Taiflex operates as a prominent Asian supplier, delivering composite backsheets to major solar manufacturers with a strong emphasis on cost-effective, high-weatherability solutions. The company serves over 30% of the regional market, particularly in crystalline silicon panels.

Innovation Initiatives:

  • Development of transparent backsheets for bifacial modules
  • Strategic partnerships with PV producers in Southeast Asia

8️⃣ 3. Jolywood (Suzhou) Sunwatt Polymer Co., Ltd.

Headquarters: Suzhou, China
Key Offering: Advanced PET composites, Fluorine-free backsheets

Jolywood excels in the Chinese market, providing innovative backsheets that enhance module efficiency and longevity. Through its robust manufacturing, it supports large-scale solar deployments, holding significant share in utility-scale projects.

Innovation Initiatives:

  • Targets for 10-20% energy yield improvement via bifacial-compatible films
  • Investments in hydrolysis-resistant materials for tropical regions

7️⃣ 4. Coveme S.p.A.

Headquarters: Novara, Italy
Key Offering: TPT and KPK backsheets, Specialized PV films

Coveme is a key European player, specializing in high-durability backsheets for building-integrated and utility-scale solar applications. The company focuses on compliance with stringent EU standards for environmental resistance.

Innovation Initiatives:

  • Goal to integrate 15% fluorine-free options by 2026
  • Europe’s advanced testing facilities for IEC certifications

Download FREE Sample Report: Composite-layer Film Backsheet Market – View in Detailed Research Report


6️⃣ 5. Cybrid Technologies Inc.

Headquarters: Shenzhen, China
Key Offering: PET/PAP composites, Thin-film backsheets

Cybrid Technologies delivers reliable backsheet solutions optimized for thin-film and crystalline silicon panels, with a global supply chain serving Asian and international markets. Their products prioritize flexibility and thermal stability.

Innovation Initiatives:

  • Certified backsheets available at key solar hubs
  • Aims for net-zero production processes

5️⃣ 6. Hangzhou First Applied Material Co., Ltd.

Headquarters: Hangzhou, China
Key Offering: High-barrier PET backsheets, Custom multilayer films

Hangzhou First is a dominant force in China’s backsheet sector, supplying materials that achieve moisture vapor transmission rates below 0.1 g/m²/day. Their innovations cater to high-volume PV manufacturing.

Innovation Initiatives:

  • Current output exceeding 500 million m² annually
  • Target: Double capacity by 2027 for emerging applications

4️⃣ 7. Toyal America, Inc.

Headquarters: Berlin, Connecticut, USA (Global ops in Japan)
Key Offering: Fluoropolymer-enhanced TPT, Specialty composites

Toyal specializes in premium backsheets for harsh environments, serving North American and Japanese markets with fluorine-based films that excel in UV and sand resistance. It plays a crucial role in utility-scale solar.

Innovation Initiatives:

  • Limited but growing focus on sustainable alternatives
  • R&D in synthetic polymer blends for extended warranties

Download FREE Sample Report: Composite-layer Film Backsheet Market – View in Detailed Research Report


3️⃣ 8. Zhongtian Technology Material Co., Ltd.

Headquarters: Ningbo, China
Key Offering: PET/TPT hybrids, BIPV backsheets

Zhongtian is China’s leading backsheet provider, distributing to over 200 solar facilities domestically and abroad. It has pioneered bio-based additives for enhanced sustainability in panel protection.

Innovation Initiatives:

  • Indigenous development of colored backsheets for aesthetics
  • Collaborations to scale production for global exports

2️⃣ 9. Fujifilm Corporation

Headquarters: Tokyo, Japan
Key Offering: Advanced fluoropolymer films, Transparent composites

Fujifilm leverages its imaging expertise for high-precision backsheets in Japan’s market, focusing on thin, lightweight options for VIPV and BIPV. Its Rodeo-like initiatives convert facilities for renewable materials.

Innovation Initiatives:

  • Aims to produce 300 million m²/year of eco-friendly films
  • Expansion in supply chains for bifacial technologies

1️⃣ 10. 3M Company

Headquarters: St. Paul, Minnesota, USA
Key Offering: Multilayer PET films, Adhesive-integrated backsheets

3M leads in global distribution of backsheet logistics and materials, supporting thousands of PV operators with end-to-end solutions. It excels in integrated systems for emissions reduction in solar manufacturing.

Innovation Initiatives:

  • Comprehensive solutions for global solar carriers
  • Partnerships with producers for next-gen films

Read Full Report: Composite-layer Film Backsheet Market – View in Detailed Research Report


🌍 Outlook: The Future of Composite-layer Film Backsheet Is More Efficient and Sustainable

The composite-layer film backsheet market is experiencing a transformative phase. While traditional PET films remain dominant, the sector is channeling investments into low-carbon, recyclable alternatives, advanced multilayer technologies, and specialized films for emerging applications.

MARKET INSIGHTS

Global composite-layer film backsheet market size was valued at USD 1.52 billion in 2024. The market is projected to grow from USD 1.68 billion in 2025 to USD 3.21 billion by 2032, exhibiting a CAGR of 8.4% during the forecast period.

Composite-layer film backsheets are multilayer polymer-based materials used as protective barriers in photovoltaic modules. These specialized films provide critical insulation and environmental protection for solar panels, typically composed of layers such as PET (polyethylene terephthalate), fluoropolymer films, and adhesive materials. The structure ensures durability against UV radiation, moisture ingress, and thermal cycling while maintaining electrical insulation properties.

The market growth is primarily driven by expanding solar energy installations worldwide, with global solar PV capacity reaching 1.6 TW in 2024. Government initiatives promoting renewable energy and technological advancements in backsheet materials are accelerating adoption. However, price volatility in raw materials and competition from alternative module technologies present challenges. Key players including Jolywood, Taiflex, and Coveme are investing in innovative product development, such as transparent backsheets for bifacial modules, to maintain competitive advantage in this evolving market.

📈 Key Trends Shaping the Market:

MARKET DYNAMICS

MARKET DRIVERS

Expanding Solar Energy Adoption to Accelerate Demand for Composite-layer Film Backsheets

The global shift toward renewable energy sources, particularly solar power, is driving significant growth in the composite-layer film backsheet market. Solar photovoltaic installations are projected to exceed 350 GW annually by 2025, creating substantial demand for durable and efficient backsheet materials. Composite-layer films offer superior protection against environmental factors while maintaining the structural integrity of solar panels over 25+ year lifespans. This widespread adoption is supported by government incentives and decarbonization policies across major economies.

Technological Advancements in Material Science Enhancing Product Performance

Recent breakthroughs in polymer science and manufacturing processes have led to the development of next-generation composite backsheets with improved weatherability and electrical insulation properties. The market has seen a notable transition from traditional TPT structures to advanced fluoropolymer-based composites that demonstrate superior UV resistance and hydrolysis stability. New multilayer configurations now achieve moisture barrier performance below 0.1 g/m²/day while maintaining flexibility for diverse module designs.

The development of transparent backsheet solutions has enabled bifacial solar modules to achieve 10-20% higher energy yields compared to conventional monofacial designs.

Additionally, the integration of smart functionalities like embedded sensors for module monitoring is creating new value propositions for composite backsheet manufacturers.

MARKET RESTRAINTS

Raw Material Price Volatility Constraining Market Growth

The composite-layer film backsheet market faces significant pressure from fluctuating raw material costs, particularly for key components like fluoropolymers and PET films. Since 2022, prices for these critical inputs have shown volatility ranging between 15-25% quarter-over-quarter, making cost management challenging for manufacturers. This instability stems from factors including supply chain disruptions, trade restrictions on specialized materials, and energy-intensive production processes for fluoropolymer resins.

Other Critical Constraints

Intense Competition from Alternative Technologies
The emergence of glass-glass module configurations presents a growing challenge, particularly in utility-scale applications where durability is paramount. While composite backsheets maintain advantages in weight and flexibility, some manufacturers are opting for dual-glass solutions that eliminate polymer backsheets entirely.

Recycling and Sustainability Concerns
End-of-life management of composite backsheets remains an unresolved industry challenge, with current recycling rates below 10% globally. The multilayer structure and mixed material composition complicate separation processes, creating environmental concerns that may impact future regulatory frameworks.

MARKET CHALLENGES

Stringent Certification Requirements Slowing Product Innovation Cycles

New backsheet formulations must undergo extensive certification testing before commercial deployment, including IEC 61215 and IEC 61730 evaluations that typically require 12-18 months to complete. The rigorous qualification process for materials in different climatic zones creates bottlenecks for manufacturers seeking to introduce next-generation products. This extended timeframe for product validation can delay market entry and increase development costs by 20-30% compared to other solar component innovations.

Furthermore, some regional markets are implementing additional testing protocols, such as China’s GB/T standards and India’s BIS certifications, further complicating the global compliance landscape for backsheet manufacturers.

MARKET OPPORTUNITIES

Emerging Markets Present Untapped Growth Potential

Developing nations in Southeast Asia, Africa, and Latin America represent significant growth opportunities as they expand their solar energy capacity. Many of these markets currently have solar penetration rates below 5% of total electricity generation, with governments implementing aggressive renewable energy targets. The International Energy Agency projects these regions will account for over 40% of new global PV installations through 2032, creating substantial demand for cost-effective backsheet solutions tailored to tropical and high-temperature environments.

Specialty Applications Driving Premium Product Segments

The growing adoption of solar technology in building-integrated photovoltaics (BIPV) and vehicle-integrated photovoltaics (VIPV) is creating demand for specialized backsheet solutions. These applications require enhanced aesthetic properties, ultra-lightweight designs, and unique form factors that conventional backsheets cannot provide. The BIPV market alone is forecast to grow at a 15% CAGR through 2030, with composite-layer films playing a crucial role in enabling architecturally integrated solar solutions.

The development of colored and textured backsheet options has expanded design possibilities for visible solar applications while maintaining 90+% of standard product performance.

  • Rapid expansion in bifacial and BIPV capacity across Asia, Europe, and North America
  • Regulatory mandates for sustainable materials in solar components by 2030
  • Digital monitoring integration in backsheets for performance tracking
  • Collaborations between backsheet makers and PV manufacturers for efficiency gains

Segment Analysis:

Segment Category Sub-Segments Key Insights
By Type PET

  • Standard PET Backsheet
  • High-Performance PET Backsheet

PAP
TPT
Others

PET leads due to superior weather resistance and cost-effectiveness.
By Application
  • Crystalline Silicon Solar Panel
  • Thin Film Solar Panel
Crystalline Silicon Solar Panel dominates as the primary application.
By Thickness
  • Below 300 μm
  • 300-350 μm
  • Above 350 μm
300-350 μm is most preferred for achieving optimal durability.
By Region
  • Asia Pacific
  • North America
  • Europe
  • Rest of World
Asia Pacific maintains leadership in both production and consumption.

COMPETITIVE LANDSCAPE

Key Industry Players

Global Leaders Focus on Technological Advancements to Capture Market Share

The composite-layer film backsheet market is characterized by strong competition among established manufacturers, with the top five players accounting for approximately 65% of the global revenue share in 2024. Krempel GmbH maintains its leadership position due to its extensive R&D investments and wide geographical footprint across Europe, North America, and Asia. The company recently expanded its production capacity in Germany to meet growing demand from photovoltaic manufacturers.

Jolywood and Taiflex have shown remarkable growth in the Asian markets, leveraging their cost-effective manufacturing capabilities and strong distribution networks. These companies collectively held over 30% of the regional market share in 2024, driven by increasing solar energy adoption in China and Southeast Asia.

Strategic partnerships are shaping the competitive dynamics, with several key players collaborating with solar panel manufacturers to develop customized backsheet solutions. Hangzhou First PV Materia recently entered into a long-term supply agreement with a major Chinese solar panel producer, strengthening its market position.

Meanwhile, Japanese players like Toyal are focusing on high-performance materials innovation to differentiate their offerings, particularly for harsh environment applications. The company’s fluorine-based backsheets have gained significant traction in the utility-scale solar segment.

List of Key Companies Profiled in Composite-layer Film Backsheet Market

  • Krempel GmbH (Germany)

  • Toyal (Japan)

  • Tomark-Worthen (U.S.)

  • Hangzhou First PV Materia (China)

  • Luckyfilm (China)

  • Fujifilm (Japan)

  • Jolywood (China)

  • Taiflex (Taiwan)

  • Coveme (Italy)

  • Cybrid Technologies (China)

  • SFC (South Korea)

  • HuiTian (China)

  • Zhongtian Technologies Group (China)

  • Ventura (U.S.)

COMPOSITE-LAYER FILM BACKSHEET MARKET TRENDS

Growing Solar Energy Adoption Accelerates Demand for Composite-layer Film Backsheets

The global shift toward renewable energy sources, particularly solar power, is driving significant demand for composite-layer film backsheets, which are critical components in photovoltaic (PV) module manufacturing. With solar installations projected to reach 650 GW annually by 2030, the need for durable and high-performance backsheet materials has intensified. The market is experiencing a compound annual growth rate (CAGR) of approximately 8.2%, fueled by technological advancements that enhance UV resistance, moisture protection, and thermal stability in harsh environmental conditions. Governments worldwide are implementing policies to promote solar energy, further boosting the adoption of these specialized films.

Other Trends

Material Innovation and Sustainability

The industry is witnessing a strong push toward eco-friendly materials due to tightening environmental regulations and corporate sustainability goals. Manufacturers are increasingly adopting polyester-based (PET) and fluorine-free backsheets, which reduce reliance on traditional materials like polyvinyl fluoride (PVF) and polyethylene terephthalate (PET). For example, fluorine-free alternatives now account for nearly 15% of the market share, driven by their lower carbon footprint and recyclability. Furthermore, advancements in multi-layer composite technology, such as improved adhesion layers and reflective coatings, are enhancing module efficiency by 1-3%, making them attractive to large-scale solar farm developers.

Emerging Markets Drive Regional Growth

Asia-Pacific dominates the composite-layer film backsheet market, holding over 65% of global demand, owing to rapid solar capacity expansion in China, India, and Southeast Asia. China alone added 87 GW of solar PV capacity in 2023, reinforcing its position as the largest consumer of backsheet materials. Meanwhile, North America and Europe are focusing on domestic manufacturing resilience, with policies like the U.S. Inflation Reduction Act incentivizing localized production. In parallel, Latin America and the Middle East are emerging as high-growth regions due to falling solar equipment costs and favorable climate conditions for PV installations.

Regional Analysis: Composite-layer Film Backsheet Market

Asia-Pacific

Asia-Pacific dominates the global composite-layer film backsheet market, accounting for over 60% of total demand in 2024, driven by massive solar panel production in China, India, and Southeast Asia. The region’s leadership stems from aggressive renewable energy adoption, government solar initiatives, and cost-competitive manufacturing ecosystems. China alone contributes 45% of regional consumption, with its “14th Five-Year Plan” targeting 1,200 GW of solar capacity by 2032. While PET-based backsheets remain prevalent due to affordability, dual-glass modules with advanced TPT films are gaining traction among tier-1 manufacturers.

Manufacturing Concentration
Over 80% of global backsheet production capacity resides in Asia-Pacific, with China’s Jolywood, Hangzhou First PV, and Zhongtian Technologies controlling significant market shares. This concentration enables economies of scale but creates supply chain vulnerabilities during trade disputes or raw material shortages.
Technology Transition
The shift from traditional PET to fluorine-based composite films is accelerating, particularly in Japan and South Korea where module warranties exceed 25 years. This transition drives premium segment growth at an estimated 11% CAGR through 2032.
Policy Drivers
India’s Production Linked Incentive (PLI) scheme and Vietnam’s solar FIT programs continue to stimulate demand. However, anti-dumping duties in the U.S. and Europe on Chinese-made backsheets are forcing regional manufacturers to establish overseas production facilities.
Challenges
Overcapacity risks loom as new entrants flood the market, with average selling prices declining 7-9% annually since 2020. Additionally, the emergence of backsheet-free modules and shingled cell technologies presents long-term disruption threats to conventional products.

Europe
Europe represents the second-largest composite-layer film backsheet market, valued at $380 million in 2024, with Germany, Spain, and the Netherlands leading adoption. The EU’s Carbon Border Adjustment Mechanism (CBAM) is driving demand for locally manufactured backsheets with verified low-carbon footprints. While European producers like Coveme and Krempel GmbH hold 28% market share, they face stiff competition from Asian imports. The region’s focus on bifacial modules and building-integrated PV (BIPV) creates specialized opportunities for lightweight, UV-resistant backsheet solutions.

North America
The U.S. and Canadian markets prioritize high-durability backsheets for utility-scale solar farms, with TPT films capturing 42% of 2024 demand. The Inflation Reduction Act’s $370 billion clean energy funding is accelerating domestic backsheet production, with companies like Tomark-Worthen expanding capacity. However, reliance on Asian raw material suppliers for fluoropolymer resins remains a persistent supply chain vulnerability, exacerbated by geopolitical tensions.

South America
Brazil and Chile are emerging as growth markets, with backsheet demand projected to grow at 8.3% CAGR through 2032. The region’s harsh climatic conditions drive preference for hydrolysis-resistant backsheets, though adoption is constrained by volatile currency exchange rates and inconsistent solar policy frameworks across countries.

Middle East & Africa
The MENA region shows strong potential with solar parks in UAE and Saudi Arabia requiring backsheets resistant to extreme heat and sand erosion. South Africa leads the African market, though penetration remains low at 6% of global demand due to infrastructure limitations and financing challenges for large-scale PV projects.

Key Report Takeaways

  • Strong Market Growth – The global composite-layer film backsheet market is projected to grow from USD 1.52 billion (2024)USD 3.21 billion (2032) at an 8.4% CAGR, driven by expanding solar PV installations reaching 1.6 TW globally.
  • Solar Expansion & Material Innovation – Rising solar photovoltaic installations (350 GW annually by 2025) and advancements in fluoropolymer composites are accelerating adoption, with transparent backsheets enabling 10-20% higher energy yields in bifacial modules.
  • Application Diversification – Increasing use across crystalline silicon panels, thin-film technologies, and building-integrated PV, with emerging applications in colored/textured designs maintaining 90+% performance efficiency.
  • Market Constraints – Industry faces 15-25% raw material cost volatility (fluoropolymers/PET), sub-10% recycling rates for end-of-life products, and competition from glass-glass module alternatives in utility-scale projects.
  • Growth Opportunities – Emerging markets (Asia-Pacific at 60% demand share) and specialty applications like vehicle-integrated PV create new avenues, supported by policies such as India’s PLI scheme and U.S. Inflation Reduction Act incentives.
  • Competitive Landscape – Market led by Krempel GmbH and Asian players (≈65% combined share), with Jolywood, Taiflex dominating APAC, while innovators like Coveme develop hydrolysis-resistant solutions for harsh climates.

Report Scope

This report presents a comprehensive analysis of the global and regional markets for Composite-layer Film Backsheet, covering the period from 2024 to 2032. It includes detailed insights into the current market status and outlook across various regions and countries, with specific focus on:

  • Sales, sales volume, and revenue forecasts
  • Detailed segmentation by type and application

In addition, the report offers in-depth profiles of key industry players, including:

  • Company profiles
  • Product specifications
  • Production capacity and sales
  • Revenue, pricing, gross margins
  • Sales performance

It further examines the competitive landscape, highlighting the major vendors and identifying the critical factors expected to challenge market growth.

As part of this research, we surveyed Composite-layer Film Backsheet companies and industry experts. The survey covered various aspects, including:

  • Revenue and demand trends
  • Product types and recent developments
  • Strategic plans and market drivers
  • Industry challenges, obstacles, and potential risks

FREQUENTLY ASKED QUESTIONS:

What is the current market size of Global Composite-layer Film Backsheet Market?

-> Global composite-layer film backsheet market was valued at USD 1.52 billion in 2024 and is projected to reach USD 3.21 billion by 2032, growing at a CAGR of 8.4%.

Which key companies operate in Global Composite-layer Film Backsheet Market?

-> Key players include Krempel GmbH, Jolywood, Taiflex, Coveme, Cybrid Technologies, and Zhongtian Technologies Group, with the top five companies holding approximately 42% market share in 2024.

What are the key growth drivers?

-> Primary growth drivers include expanding solar energy installations (global PV capacity reached 1.6 TW in 2024), government renewable energy initiatives, and technological advancements in backsheet materials.

Which region dominates the market?

-> Asia-Pacific accounts for 58% of global demand in 2024, led by China’s solar panel manufacturing sector. North America shows the fastest growth with 9.2% CAGR projected through 2032.

What are the emerging trends?

-> Emerging trends include development of transparent backsheets for bifacial modules, halogen-free materials for sustainability, and integrated backsheet-cell solutions to improve module efficiency.

Read Full Report: Composite-layer Film Backsheet Market – View in Detailed Research Report

The companies listed above are not only protecting global solar installations—they’re leading the sustainable evolution of photovoltaic technology.