Markets for Inorganic and Organic Thin-Film PV Encapsulation - 2012
Summary
Thin-film, DSC and organic PV are notoriously vulnerable to oxygen and water vapor; much more so than conventional crystalline silicon PV. NanoMarkets believes that as these newer forms of solar panel technology become ever more pervasive, it is creating a growing opportunity to supply cost-effective encapsulation technology into the PV space.
Although, in the not-too-distant past, several firms have tried to exploit similar opportunities without success, NanoMarkets now believes that the time is right for PV encapsulation to lead to significant revenue generation for well-prepared companies and this report is designed to assist a variety of firms in preparing for the PV encapsulation opportunity.
Thin-film, DSC and organic PV are notoriously vulnerable to oxygen and water vapor; much more so than conventional crystalline silicon PV. NanoMarkets believes that as these newer forms of solar panel technology become ever more pervasive, it is creating a growing opportunity to supply cost-effective encapsulation technology into the PV space.
Although, in the not-too-distant past, several firms have tried to exploit similar opportunities without success, NanoMarkets now believes that the time is right for PV encapsulation to lead to significant revenue generation for well-prepared companies and this report is designed to assist a variety of firms in preparing for the PV encapsulation opportunity.
- Firms that have targeted the PV encapsulation space will learn which of the several novel encapsulation technologies that are now emerging will be success in the PV market and which sectors of the market will be most receptive to them. In particular, this report examines the implications for encapsulation makers of the rise of flexible PV for BIPV and other applications. Our analysis here takes into account the differing objectives of key encapsulation firms, which include large multinationals like 3M and Corning to specialty firms such as Tera Barrier Films and Beneq
- The report also provides guidance to firms providing thin-film, DSC and organic PV, showing how improved encapsulation can be leveraged by such firms to create larger addressable markets. This discussion of encapsulation-related opportunities for PV suppliers is set in the context of today’s PV industry with its poor margins and technological uncertainties. The report will also be important to the building products industry, since encapsulation is a key enabling technology for building-integrated PV (BIPV), expected to be the fastest growing sector of the PV industry over the next decade and a diversification opportunity for
- NanoMarkets also believes this report will also be of considerable interest to the glass industry, since even though rigid and heavy we anticipate that glass will continue to be the most widely used material for encapsulation for PV technology. In particular, this report we provide guidance on the revenues that glass firms can expect to generate from the non-conventional PV sector.
EXECUTIVE SUMMARY
E.1 Emerging Opportunities in PV Encapsulation
E.1.1 Advanced Encapsulation Systems Are Needed
E.1.2 Pricing Challenges for Advanced Encapsulation Materials
E.1.3 The Continuing Dominance of Glass Encapsulation for Rigid TFPV
E.1.4 Flexibility Is Emerging as a Key Enabler
E.2 Firms to Watch
E.2.1 Glass Firms – Rigid and Flexible
E.2.2 Dyad Firms
E.2.3 ALD Encapsulation Firms
E.3 Summary of Eight-Year Forecasts for PV Encapsulation
CHAPTER ONE: INTRODUCTION TO PV ENCAPSULATION TECHNOLOGIES
1.1 Background to This Report
1.1.1 New and Expanded Opportunities in PV Encapsulation
1.1.2 But Slow Growth in the PV Industry Will Limit Growth Rates in Encapsulation
1.1.3 Why Cost is So Important in PV
1.2 Objectives and Scope of This Report
1.3 Methodology of This Report
1.4 Plan of This Report
CHAPTER TWO: MARKETS FOR PV ENCAPSULATION TECHNOLOGIES – DESIGNS, MATERIALS, AND SUPPLIERS
2.1 Glass Technologies and PV Encapsulation
2.1.1 Strengths and Weaknesses of Conventional Glass TFPV Encapsulation Strategies
2.1.2 The Promise of Flexible Glass for Encapsulation
2.1.3 Major Suppliers of Glass Encapsulation Products
2.2 Multilayer Dyad Films and PV Encapsulation
2.2.1 Market Impact of Dyads – The Single Layer Goal and Reducing the Cost
2.2.2 Dyad Encapsulation Suppliers
2.3 Emerging Options for PV Encapsulation
2.3.1 The Future of ALD for High Performance PV Encapsulation
2.3.2 Key Players in ALD Encapsulation Technology
2.4 Key Points Made in This Chapter
CHAPTER THREE: EIGHT-YEAR FORECASTS FOR THIN-FILM AND ORGANIC PV ENCAPSULATION MATERIALS
3.1 Forecasting Methodology
3.1.1 Methodology
3.1.2 Scope of the Forecast
3.1.3 Data Sources
3.1.4 Forecasting Assumptions
3.1.5 Alternative Scenarios
3.2 Eight-Year Forecasts of TFPV Encapsulation Technologies by Application
3.2.1 Thin-Film Silicon PV
3.2.2 CdTe PV
3.2.3 CIGS PV
3.2.4 DSC
3.2.5 OPV
3.3 Eight-Year Forecasts of TFPV Encapsulation by Product Type
3.3.1 Rigid Glass and Polymer Films in TFPV Encapsulation
3.3.2 Flexible Glass
3.3.3 Multilayer Films
3.3.4 Conformal Coatings and ALD
3.4 Summaries of Eight-Year Forecasts of PV Encapsulation
Acronyms and Abbreviations Used in This Report
About the Author
LIST OF EXHIBITS
Exhibit E-1: Summary Market Value of Encapsulation in PV by Application and by Technology 2012-2019 ($ Millions)
Exhibit 2-1: Relative sensitivities of different PV technologies
Exhibit 3-1: Estimated Average Prices of Different Encapsulation Technologies, 2012- 2019 ($/m2)
Exhibit 3-2: Encapsulation of Thin-Film Silicon PV by Technology 2012-2019
Exhibit 3-3: Encapsulation of CdTe PV by Technology 2012-2019
Exhibit 3-4: Encapsulation in CIGS PV by Technology 2012-2019
Exhibit 3-5: Encapsulation in DSC PV by Technology 2012-2019
Exhibit 3-6: Encapsulation in OPV by Technology 2012-2019
Exhibit 3-7: Rigid Glass/Polymer Film Encapsulation in PV by Application 2012-2019
Exhibit 3-8: Flexible Polymer Film Encapsulation in PV by Application 2012-2019
Exhibit 3-9: Flexible Glass Encapsulation in PV by Application 2012-2019
Exhibit 3-10: Multilayer Barrier Film Encapsulation in PV by Application 2012-2019
Exhibit 3-11: Conformal Coating Encapsulation in PV by Application 2012-2019
Exhibit 3-12: Summary of Encapsulation in PV by Application 2012-2019
Exhibit 3-13: Summary of Encapsulation in PV by Technology 2012-2019
E.1 Emerging Opportunities in PV Encapsulation
E.1.1 Advanced Encapsulation Systems Are Needed
E.1.2 Pricing Challenges for Advanced Encapsulation Materials
E.1.3 The Continuing Dominance of Glass Encapsulation for Rigid TFPV
E.1.4 Flexibility Is Emerging as a Key Enabler
E.2 Firms to Watch
E.2.1 Glass Firms – Rigid and Flexible
E.2.2 Dyad Firms
E.2.3 ALD Encapsulation Firms
E.3 Summary of Eight-Year Forecasts for PV Encapsulation
CHAPTER ONE: INTRODUCTION TO PV ENCAPSULATION TECHNOLOGIES
1.1 Background to This Report
1.1.1 New and Expanded Opportunities in PV Encapsulation
1.1.2 But Slow Growth in the PV Industry Will Limit Growth Rates in Encapsulation
1.1.3 Why Cost is So Important in PV
1.2 Objectives and Scope of This Report
1.3 Methodology of This Report
1.4 Plan of This Report
CHAPTER TWO: MARKETS FOR PV ENCAPSULATION TECHNOLOGIES – DESIGNS, MATERIALS, AND SUPPLIERS
2.1 Glass Technologies and PV Encapsulation
2.1.1 Strengths and Weaknesses of Conventional Glass TFPV Encapsulation Strategies
2.1.2 The Promise of Flexible Glass for Encapsulation
2.1.3 Major Suppliers of Glass Encapsulation Products
2.2 Multilayer Dyad Films and PV Encapsulation
2.2.1 Market Impact of Dyads – The Single Layer Goal and Reducing the Cost
2.2.2 Dyad Encapsulation Suppliers
2.3 Emerging Options for PV Encapsulation
2.3.1 The Future of ALD for High Performance PV Encapsulation
2.3.2 Key Players in ALD Encapsulation Technology
2.4 Key Points Made in This Chapter
CHAPTER THREE: EIGHT-YEAR FORECASTS FOR THIN-FILM AND ORGANIC PV ENCAPSULATION MATERIALS
3.1 Forecasting Methodology
3.1.1 Methodology
3.1.2 Scope of the Forecast
3.1.3 Data Sources
3.1.4 Forecasting Assumptions
3.1.5 Alternative Scenarios
3.2 Eight-Year Forecasts of TFPV Encapsulation Technologies by Application
3.2.1 Thin-Film Silicon PV
3.2.2 CdTe PV
3.2.3 CIGS PV
3.2.4 DSC
3.2.5 OPV
3.3 Eight-Year Forecasts of TFPV Encapsulation by Product Type
3.3.1 Rigid Glass and Polymer Films in TFPV Encapsulation
3.3.2 Flexible Glass
3.3.3 Multilayer Films
3.3.4 Conformal Coatings and ALD
3.4 Summaries of Eight-Year Forecasts of PV Encapsulation
Acronyms and Abbreviations Used in This Report
About the Author
LIST OF EXHIBITS
Exhibit E-1: Summary Market Value of Encapsulation in PV by Application and by Technology 2012-2019 ($ Millions)
Exhibit 2-1: Relative sensitivities of different PV technologies
Exhibit 3-1: Estimated Average Prices of Different Encapsulation Technologies, 2012- 2019 ($/m2)
Exhibit 3-2: Encapsulation of Thin-Film Silicon PV by Technology 2012-2019
Exhibit 3-3: Encapsulation of CdTe PV by Technology 2012-2019
Exhibit 3-4: Encapsulation in CIGS PV by Technology 2012-2019
Exhibit 3-5: Encapsulation in DSC PV by Technology 2012-2019
Exhibit 3-6: Encapsulation in OPV by Technology 2012-2019
Exhibit 3-7: Rigid Glass/Polymer Film Encapsulation in PV by Application 2012-2019
Exhibit 3-8: Flexible Polymer Film Encapsulation in PV by Application 2012-2019
Exhibit 3-9: Flexible Glass Encapsulation in PV by Application 2012-2019
Exhibit 3-10: Multilayer Barrier Film Encapsulation in PV by Application 2012-2019
Exhibit 3-11: Conformal Coating Encapsulation in PV by Application 2012-2019
Exhibit 3-12: Summary of Encapsulation in PV by Application 2012-2019
Exhibit 3-13: Summary of Encapsulation in PV by Technology 2012-2019
