Thin film material are widely used in various industries for one or more applications. They are used in the encapsulation of photovoltaic solar cell, semiconductor and electrical industry for miniaturization of circuit boards. Their major application is in photovoltaic solar cells, which accounts for a majority of their usage, followed by the MEMS, electrical, semiconductor, and optical coating industry.
The thin film material market has a significant number of small as well as few big manufacturers. The companies in thin film material market are segmented according to the technology used by them. In the thin film material market, the companies are sometimes restricted to specific technology because of their geographical presence. For instance First Solar (U.S.) has a market share of around 90% in CdTe technology and it has majority of market share only in North America as the usage of cadmium in Europe is highly regulated. Hanergy has one third of the market share of CIS/CIGS technology and a majority of its share is in the Asia-Pacific and European market.
The thin film material market has no specific set of raw material or ingredients. Every thin film is unique and the manufacturers use their own set of raw material and ingredients to manufacture these material. The industry also lacks the need for bulk suppliers. The raw material that are used in bulk are rare material and chemicals such as cadmium, indium, telluride, and certain common metals such as copper. These material are not difficult to source, unless there is some crisis or regulatory problems that prohibit their usage beyond a certain value. Read More