Aug 19 2008
The global market for nanomaterials for electronics applications will reach $600 million in 2008 and grow at a compound annual rate of more than 40% to reach nearly $7 billion in 2015, according to a report Market Outlook for Nanomaterials for Electronics Applications: Semiconductors, Solar, Displays. Sensors, RFID, Lighting Recently Published By The Information Network, a New Tripoli, PA-based market research company.
“The primary application for nanomaterials in the solar sector will be for CIGS-based (copper indium gallium selenide) cells, nanoparticle semiconductor ink that can simply be printed onto a roll of conductive substrate material.” noted Dr. Castellano, President of The Information Network. “The process is many times cheaper and faster than conventional semiconductor processing methods.”
The Semiconductor sector will have a 62.1% share of the $600 million market in 2008, primarily because of utilization of Designer Molecules for DUV photoresists and for Slurries for chemical mechanical planarization (CMP). Nanotubes and Nanowires will enter the market after 2010 and begin to gain share.
However, the Semiconductor sector will lose market share to Sensors and RFID, and by 2015 its share will have dropped to 58.1% of the nearly $7 billion market for nanomaterials.