Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > NanoMarkets Releases New Report on Markets for Indium-Based Materials in the Photovoltaics Industry

Abstract:
The report provides eight-year projections (both volume and value) of all of these areas including forecasts of the amount of indium consumed by application and type of material. It also identifies where the opportunities are for the indium industry in photovoltaics and where indium-based materials are being supplanted by non-indium based materials.

NanoMarkets Releases New Report on Markets for Indium-Based Materials in the Photovoltaics Industry

Glen Allen, VA | Posted on August 31st, 2011

Industry analyst firm NanoMarkets has just released a new report titled, Markets for Indium-based Materials in Photovoltaics that analyzes the markets for indium-based materials in the rapidly growing photovoltaics (PV) industry. The report discusses several materials that are widely used in PV including indium tin oxide (ITO), which is used as a transparent conductor in several sectors of the industry; as well as CIGS, one of the fastest types of PV in which indium is a crucial part of the core absorber layer. The report also examines the role that indium phosphide (InP) may play in the future of photovoltaics.

The report provides eight-year projections (both volume and value) of all of these areas including forecasts of the amount of indium consumed by application and type of material. It also identifies where the opportunities are for the indium industry in PV and where indium-based materials are being supplanted by non-indium based materials. Among the firms discussed in this report are: , American Elements, Avancis, China Germanium, China Tin, First Solar, Global Solar, Honda, HelioVolt, Huludao Zinc, Indium Corporation, ISET, MCC Huludao Nonferrous, Mitsui, Nanosolar, Nanoco, Nippon Mining, Nitto Denko, Q-Cells Modules, Sanyo, Showa Shell, Soltecture, SoloPower, Sputtering Materials, Sumitomo, Ulvac, Umicore, Würth, Zhuzhou Keneng New Materials and Zhuzhou Smelter.

Additional details about this report are at http://www.nanomarkets.net.

Key Findings from this report:

The main driver for indium use in the PV industry is the growth of CIGS PV, which will rapidly penetrate conventional PV panels, BIPV and portable PV. Despite the many substitutes for ITO, significant usage of ITO will continue by PV firms; ITO finds widespread use in a-Si, DSC and OPV PV.

Although alternative deposition methods for ITO and CIGS are often touted, important users in the PV industry prefer sputtering. NanoMarkets believes that for CIGS space there will be a growing opportunity to sell composite targets containing indium, copper, and gallium. Also alloy sputtering targets are attractive because of their higher throughput and reduced system cost.

ITO inks are still sold, but seem to be losing out to transparent conducting nanomaterial inks. CIGS inks have potential, but NanoMarkets believes that it is by no means assured that printed CIGS will become a major part of part of the PV industry going forward. None of the CIGS inks are currently available in high volume and the history of printed CIGS has been disappointing. If printed CIGS does take off, however, NanoMarkets sees an opportunity for nanopowder firms to sell related materials to the relevant ink makers.

NanoMarkets expects that the PV industry will start to use more indium phosphide (InP) as the industry seeks out next-generation PV technologies. But for now, InP PV is much too costly and is not used much outside of a lab and for selected applications in the aerospace industry. However, NanoMarkets notes that InP consumes very large quantities of indium per unit of cell area.

####

About NanoMarkets
NanoMarkets tracks and analyzes emerging market opportunities created by developments in advanced materials. It provides regular and comprehensive industry analysis of the nanomaterials, transparent conductor and photovoltaics spaces and provides ongoing coverage of many of the firms active in the indium and indium-based materials space. It is also recognized worldwide as a leading source of expertise for materials used in the PV industry.

For more information, please click here

Contacts:
Robert Nolan
NanoMarkets
(804) 270-4370
rob(at)nanomarkets(dot)net

Copyright © Vocus PRW Holdings, LLC.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Freeze-dried foam soaks up carbon dioxide: Rice University scientists lead effort to make novel 3-D material August 16th, 2017

Gold shines through properties of nano biosensors: Researchers discover that fluorescence in ligand-protected gold nanoclusters is an intrinsic property of the gold particles themselves August 16th, 2017

Two Scientists Receive Grants to Develop New Materials: Chad Mirkin and Monica Olvera de la Cruz recognized by Sherman Fairchild Foundation August 16th, 2017

Scientists from the University of Manchester and Diamond Light Source work with Deben to develop and test a new compression stage to study irradiated graphite at elevated temperatures August 15th, 2017

Announcements

Freeze-dried foam soaks up carbon dioxide: Rice University scientists lead effort to make novel 3-D material August 16th, 2017

Gold shines through properties of nano biosensors: Researchers discover that fluorescence in ligand-protected gold nanoclusters is an intrinsic property of the gold particles themselves August 16th, 2017

Two Scientists Receive Grants to Develop New Materials: Chad Mirkin and Monica Olvera de la Cruz recognized by Sherman Fairchild Foundation August 16th, 2017

Scientists from the University of Manchester and Diamond Light Source work with Deben to develop and test a new compression stage to study irradiated graphite at elevated temperatures August 15th, 2017

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

Freeze-dried foam soaks up carbon dioxide: Rice University scientists lead effort to make novel 3-D material August 16th, 2017

Gold shines through properties of nano biosensors: Researchers discover that fluorescence in ligand-protected gold nanoclusters is an intrinsic property of the gold particles themselves August 16th, 2017

Fewer defects from a 2-D approach August 15th, 2017

2-faced 2-D material is a first at Rice: Rice University materials scientists create flat sandwich of sulfur, molybdenum and selenium August 14th, 2017

Energy

Freeze-dried foam soaks up carbon dioxide: Rice University scientists lead effort to make novel 3-D material August 16th, 2017

Two Scientists Receive Grants to Develop New Materials: Chad Mirkin and Monica Olvera de la Cruz recognized by Sherman Fairchild Foundation August 16th, 2017

Fewer defects from a 2-D approach August 15th, 2017

2-faced 2-D material is a first at Rice: Rice University materials scientists create flat sandwich of sulfur, molybdenum and selenium August 14th, 2017

Solar/Photovoltaic

Fewer defects from a 2-D approach August 15th, 2017

Controlled manipulation: Scientists at FAU are investigating the properties of hybrid systems consisting of carbon nanostructures and a dye August 8th, 2017

Simultaneous Design and Nanomanufacturing Speeds Up Fabrication: Method enhances broadband light absorption in solar cells August 5th, 2017

Atomic movies may help explain why perovskite solar cells are more efficient: SLAC's ultrafast 'electron camera' captures surprising atomic motions in these next-generation materials July 28th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project