Ceramic Industry News / Advanced Ceramics / CI Advanced News / Market Trends / Glass

Photovoltaic Materials Market to Grow 9% Annually Through 2018

December 2, 2013

Massive oversupply and downward price pressure have reportedly created the misconception that the solar industry suffered from industry-wide commoditization. But not all solar modules are created equal, and profit margins can rise to double-digits for select enabling materials—even as overall materials sales volumes grow at a compound annual growth rate (CAGR) of 9.2% through 2018, according to “Photovoltaic Materials Opportunities Beyond Commoditization,” a recent report from Lux Research.

While materials such as frontsheet glass, polysilicon and ethylene vinyl acetate have the lowest profit margins, certain gases, metals, polymers, and process chemicals and solvents maintain double-digit margins. In fact, since mid-2009, solar materials have seen steadily increasing profit margins, with the exception of glass and polysilicon.

“While certain solar materials are commodities, many others still offer opportunity for differentiation and high margins through added performance,” said Fatima Toor, Lux Research analyst and the lead author of the report. “Innovations in high-performance encapsulants, backsheets and metallization pastes enable higher profitability by allowing module makers to improve efficiency and command higher prices.”

For more information, visit www.luxresearchinc.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

June 2014 Issue Highlights

Our June 2014 issue is now available!

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI September 2014 cover

2014 September

You won't want to miss the CI Top 10, traditionally our most popular article of the year!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px