Solar PV materials market to reach US$12.8bn by 2014

The market for solar photovoltaic (PV) materials will have grown 50% in four years, according to GTM Research.

GTM Research’s latest solar industry report, PV Bill of Materials Outlook 2010-2015, predicts the supply and demand, and cost of the materials involved in making solar PV modules: glass, pastes/screens, junction boxes/cables, encapsulants, frames, gases/chemicals, backsheets, ribbons and thin-film feedstock.

By 2014, it estimates that the market for each of these materials could be worth at least US$1 billion and that the overall market (excluding polysilicon feedstock), will have grown by 50% of its 2010 value to US$12.8bn.

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600450 Solar PV materials market to reach US$12.8bn by 2014

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