By Cameron Chai
NanoMarkets has added a report, Transparent Conductor Markets – 2011, to its offering.
According to this report, the market revenue for polymers, nanomaterials, and transparent conducting oxides that are utilized in applications such as photovoltaics and display will go beyond $6.9 billion in 2016. According to the report, transparent conductors comprising nanosilver and carbon nanotubes are anticipated to show considerable growth while Indium Tin Oxide (ITO) continues to dominate the market.
This report identifies market opportunities globally for transparent conductor materials that include ITO, other nanometallic films, nanosilver, carbon nanotube films, ITO/TCO inks, transparent conducting oxides, and conductive polymers. Their applications include EMI/RFI shielding, antistatics, organic PV/DSC, thin-film photovoltaics, OLED lighting, touch-screen sensors, OLED displays, e-paper displays, and flat-panel displays.
NanoMarkets forecasts that by 2016, ITO substitutes marketed in the LCD industry will ensure revenue generations of up to $690 million. The new report forecasts that by 2016, transparent conductors based on nanosilver will attain revenues over $540 million. This revenue is ahead of transparent carbon-based nanotube inks that is more than $410 million within the same period.
Although transparent conductors are substituting ITO, the traditional ITO market has not been affected much. Instead, it is anticipated that the market would double its revenue to nearly $5.5 billion by 2016. Electronic paper displays and touch-screen sensor are utilizing transparent conductive polymers as an alternative to ITO. Further advancement in transparent conductive coatings can be expected in enhanced patterning technologies, PEDOT analogs, and nanostructured polymers.