Photovoltaic Materials Market–Market Overview
Globally, the market for photovoltaic materials is growing at a CAGR of 8% during forecasted period (2016-2022). Photovoltaic it converts sunlight into electricity. It offers a practical and sustainable solution to the increasing globally energy demand.
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The PV cells are made of semiconductor materials. The major types of materials are crystalline and thin films, which vary from each other in terms of light absorption efficiency, energy conversion efficiency, manufacturing technology and cost of production. Rising concern of emission of CO2 and sustainable energy production can only be expected if the cost can be considerably reduced as well as use of renewable energy source will aid the market growth for the forecasted period. Additionally, with rising awareness about green trends, the future will lie in technologies that offer enhanced energy-efficient solutions at a low cost. Manufacturers who offer products with optimum performance while remaining price-orientated will be poised to gain substantial market share.
However, the market will be effected due to PV materials as they are most expensive form of renewable energy today, the feedstock problem and technologically limitations of crystalline cells. Owing to this the market will be hindered for the forecasted period.
Study Objectives of Photovoltaic Materials Market
- To study detail of photovoltaic materials market by type, by application and by region in forecasted period 2022.
- To identify the market dynamics of photovoltaic materials market dynamics by drivers, restrains, opportunities and challenges.
- To analyze various factors like value chain analysis and porters five forces model.
- To provide historical and forecast revenue of market segment with respect to North America, Europe, APAC and RoW.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track mergers and acquisitions, strategic alliances, new product development of specified company.
Key Players
The key players in market includes DuPont, Bandgap, Engineering 1366 Technologies, Natcore, Targray, SolarBuyer, Polyrise, Ferrotec, Applied Materials, Sinovia Technologies, Cencorp and others.
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Geographic Analysis
The report covers brief analysis of geographical region includes
North America
- US
- Canada
Europe
- Germany
- France
- Italy
- Netherlands
- U.K.
- Rest of Europe
APAC
- China
- India
- Japan
- Rest of Asia-Pacific
RoW
- South America
- Middle East
- Africa
Intended Audience
- Manufacturers and distributors of photovoltaic materials.
- Suppliers and traders of photovoltaic materials.
- Government, associations and industrial bodies.
- Investors and Trade experts.
- Consulting in chemical experts.
Key Points from Table of Content:
7. Global Photovoltaic Materials Market By Region
8. Global
8. Global Photovoltaic Materials Market By Type (Crystalline Materials, Thin Film, And Others)
9. Global Photovoltaic Materials Market By Application (Utility, Commercial And Residential)
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