SOURCE: NanoMarkets


April 19, 2011 13:39 ET

NanoMarkets Issues New Report on Dye Sensitized Cell Panel and Materials Markets, Sees $1.9 Billion ($US) Opportunity by 2016

GLEN ALLEN, VA--(Marketwire - Apr 19, 2011) - Revenues generated by solar panels (including BIPV products) using Dye Sensitized Cell (DSC) technology will reach $1.9 billion ($US) by 2016, according to a new report from industry analyst firm NanoMarkets. "Dye Sensitized Cells: Materials, Applications and Opportunities" is the latest in NanoMarkets' continuing coverage of thin-film and organic PV technologies and the materials that are used in them. The firm will be releasing a new report on the markets for organic PV (OPV) and related materials later this month. Details of both reports can be found at

Findings from the report:

  • Projects with DSC-based BIPV involving Pilkington and Tata Steel appear to have progressed well in the past year, suggesting a healthy market in the future. NanoMarkets projects that revenues from DSC-based BIPV will account for over 80 percent of the DSC market by 2016.

  • New and more cost effective DSC materials are being developed. For example, costly Ruthenium dye may eventually be replaced by chlorophyll derivatives, copper-based dyes, and mixed "cocktails" of various dyes. Solid-state, printable and transparent electrolytes are also on their way to the marketplace. Major firms including BASF, Merck and Sony have all worked on developing new DSC materials, although Dyesol remains at the center of the DSC materials business. By 2016, the DSC panel industry is expected to consume more than $780 million in materials.

  • DSC represents a substantial opportunity for the building materials industry to add PV capabilities to their premium tiles, siding and architectural glass. By 2016, building substrates of this kind are likely to represent a market worth around $500 million.

About the reports:

"Dye Sensitized Cells: Materials, Applications and Opportunities" identifies the new business opportunities that are emerging from the DSC sector and covers both on-grid and off-grid uses including portable electronics, embedded electronics, BIPV glass, and BIPV roof and siding. The report also discusses DSC-related materials markets including dyes, TiO2, electrolytes, catalysts, electrode materials, encapsulation and substrates. In addition, the report includes a granular, eight-year forecast broken out by MW, square meters of PV material and market value.

"Materials, Applications and Opportunities within Organic Photovoltaics -- 2011" provides a comprehensive examination of the marketplace, technologies, and manufacturing approaches in the organic photovoltaic (OPV) business. Starting with a look back over the past year, we identify where the long-term promises of OPV are beginning to be kept and where sustainable applications are emerging for this interesting solar technology. This report also focuses on how both materials and solar panel manufacturers are changing their strategies to adapt to an environment in which OPV costs have failed to come down to point hoped for just a few years ago. Under this new circumstances can their ever be large enough revenues from OPV for it to be more than just a market niche or for OPV to continue to interest the large chemical companies that are now involved in it? And does OPV have enough going for it to break out of the limited world of solar chargers to become a viable BIPV technology?

About NanoMarkets:

NanoMarkets tracks and analyzes emerging market opportunities in energy and electronics markets created by developments in advanced materials. The firm has published several reports on photovoltaics related topics including studies of the OPV, DSC, CIGS, TFPV materials and BIPV markets.

Visit for a full listing of NanoMarkets' reports and other services.

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