NanoMarkets, the leading provider
of industry analysis and market and technology research services for companies
competing for or interested in thin film, organic and printable electronics
related markets, today announced the release of its newest report, "Tin
Markets for Photovoltaics," the latest from the firm's "Metals in
PV" series examining opportunities for various metals in the photovoltaics
industry. This report contains an analysis and market projections of tin-doped
indium oxide (ITO) and tin oxide (in some cases doped with fluorine or antimony),
and other related materials.
According to NanoMarkets' new report, the PV industry's tin consumption will
grow ten-fold over the next eight years, reaching over 91 metric tons (MT) in
2016. Driving this growth is the shift away from ITO as the transparent conductor
(which functions as front electrodes and sometimes back electrodes as well)
in favor of tin oxide -- a net gain for tin consumption because tin oxide uses
so much more tin -- as well as the rapidly growing demand for CdTe PV cells,
which relies on fluorine-doped tin oxide (FTO). From virtually nothing in 2000,
tin oxide now accounts for nearly half of the overall TFPV market for transparent
electrodes. This growth is a result of the adoption by First Solar, the dominant
producer of CdTe PV cells, of tin oxide for its front electrodes and its subsequent
rapid growth, as well as a high level of substitution of tin oxide for ITO in
the a-Si PV segment.
NanoMarkets also expects a shift to different methods of depositing transparent
conductive oxide (TCO) films. This will impact the type of tin materials used.
The relative consumption of sputtering targets will decrease in favor of nanoparticles
for ITO inks, or tin precursor compounds for chemical vapor deposition (CVD)
of tin oxide. NanoMarkets expects printing and CVD to represent 24 percent,
or 21.9 (MT), of the total tin consumption for PV in 2016.
NanoMarkets tracks and analyzes emerging market opportunities in energy and
electronics markets. The firm has published numerous reports related to new
developments in power sources, electronic device and fabrication techniques
and electronics materials. NanoMarkets' research database is the industry's
most extensive source of information on thin film, organic and printable (TOP)
electronics. Visit www.nanomarkets.net for a full listing of NanoMarkets' reports
and other services.