The scale of the photovoltaic industry will reach 30 billion US dollars in 2018

Abstract Compared with the US$17.8 billion in 2012, the global photovoltaic materials market will grow by 52% in 2018, reaching US$27.2 billion. According to the research company, the supply and demand of photovoltaics will return to balance in 2015, and profits will grow steadily, which will create innovative materials developers...
Compared with 2012's $17.8 billion, the global photovoltaic materials market will grow by 52% in 2018, reaching $27.2 billion. According to the Research Institute, the supply and demand of PV will return to equilibrium in 2015, and profits will grow steadily, which will create new business opportunities for innovative materials developers.

In 2018, hardware materials will have the largest market share, reaching $12.8 billion, including polysilicon, metallized paste and metal absorbing materials in CIGS applications. According to the global demand for x-Si modules, polysilicon alone has a market of $6 billion.

According to Fatimea Toor, analyst and analyst of the article research, "There is a premium in the growing market demand for materials that can earn a premium and profit, and these materials can improve the efficiency and use of solar cells and photovoltaic modules." From reducing product costs to enhancing product performance: a $27 billion PV materials market is mapped out."

She added: "In addition, the promotion of quality can bring about material innovation, which not only lowers the price of solar photovoltaic modules, but also reduces the on-grid price of large-scale photovoltaic power generation, and continues to meet the continuous growth of global photovoltaics. Demand. Analysts at the Knick Research Institute use the detailed cost and demand model of the calculation to evaluate the opportunities of photovoltaic materials in the emerging market landscape. The following findings are found:

1. Polysilicon ranks first in market share. The material demand for polycrystalline PV modules is the biggest opportunity, reaching $23.8 billion in 2018. Raw materials like solar backsheet materials, vinyl-free sealing materials, metallized pastes and anti-reflective coating fluids for solar photovoltaic module glass provide an opportunity for continuous innovation.

2. Being different is the key point. As PV module manufacturers are also forced to demand high-efficiency and reliable products, they also need innovative materials such as Silicon Light's silicon ink for selective emitter solar cell design. Other innovative companies and technologies include 1366 Technologies, American Natcore, Bandgap Engineering Technologies, Polyrise, Cencorp and Sinovia Technologies.

3. Improve quality. Now the solar industry needs to distinguish between primary and secondary, first to reduce the on-grid price, then the price of solar photovoltaic modules, to provide longer-term PV modules. Material suppliers like DuPont and downstream industry developers are setting new standards. At the same time, companies like solar PV module buyers have also helped financial institutions assess the quality of component products. (Excerpt from: "Lux: Photovoltaic materials market to jump to $27.2B in 2018", translation: Ma Yanping)

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