GTM Research: PV materials market to see 50% growth in four years

GTM Research“s latest solar industry report – PV Bill of Materials Outlook 2010-2015 – estimates that the market for glass used in manufacturing photovoltaic modules, along with other materials requi…

GTM Research“s latest solar industry report – PV Bill of Materials Outlook 2010-2015 – estimates that the market for glass used in manufacturing photovoltaic modules, along with other materials required in making PVs, will grow 50% in four years. The market for glass, pastes/screens, junction boxes/cables, encapsulants, frames, gases/chemicals, backsheets, ribbons and thin-film feedstock could be worth at least USD 1 billion, while the overall market (excluding polysilicon feedstock), growing to USD 12.8 billion or by 50% of its 2010 value, by 2014, according to the report.