Frost and Sullivan predict PV materials markets to grow to USD1.60 billion in 2010

In July 2010, Frost and Sullivan (San Antonio, Texas, US) issued a report on solar photovoltaic (PV) materials markets, predicting that these markets will increase from USD$1.34 billion in 2009 to USD$1.60 billion in 2010.  "Strategic Analysis of the Global Photovoltaic Materials Markets" explores trends for growth, pricing, technology and geographical trends. The report examines 2009 industry data and provides industry forecasts through 2016, including markets for encapsulants, frontsheets, backsheets and anti-reflective coatings. "With rising awareness about green trends, the future lies in technologies that offer enhanced energy efficient solutions at a low-cost", notes Frost & Sullivan Research Analyst Gaurav Vyas. "Manufacturers who offer products with optimum performance while remaining price-oriented are poised to gain substantial market share." 

 

Frost and Sullivan report covers a wide range of materials

The report by Frost and Sullivan suggests that PV is becoming a chosen technology to meet renewable energy targets, with resulting strong growth in the PV materials market as well. The report covers a range of materials, including EVA, PVB, silicone and ionomer encapsulants; low-iron, patterned and coated glasses and polymers including PVDF, PVF and ECTFE as frontsheet materials; PVDF, PET, PVF, EPDM, EVA and glass as backsheet materials; and elemental oxides as anti-reflection coatings.

 

 

2010-09-09| Courtesy: Frost and Sullivan | solarserver.com © Heindl Server GmbH

Our editorial selection of breaking solar news is published at:
www.solarserver.com/solar-magazine/solar-news/top-solar-news.html