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Displays drive transparent conductor market

Posted: 01 Aug 2011     Print Version  Bookmark and Share

Keywords:LCD industry  TCO  ITO 

NanoMarkets' report titled "Transparent Conductor Markets–2011" has identified new business opportunities worldwide for transparent conductor materials such as comprise ITO, other transparent conducting oxides, other ITO/TCO inks, carbon nanotube films, nanosilver and other nanometallic films and conductive polymers in applications such as flat-panel displays, OLED displays, e-paper displays, touch-screen sensors, OLED lighting, thin-film photovoltaics, organic PV/DSC, antistatics and EMI/RFI shielding.

According to the report, the market for the transparent conducting oxides (TCO), polymers and nanomaterials used in display, photovoltaics and other applications will surpass Rs.30,803.57 crore ($6.9 billion) in revenues by 2016.

The report also indicates that the market for indium tin oxide (ITO) will grow side by side with transparent conductors based on carbon nanotubes and nanosilver.

NanoMarkets has observed serious interest among traditional LCD makers in alternatives to ITO and other TCO. This is driven by the need to reduce processing costs in the LCD industry and fears about the rising cost of ITO. In addition, carbon nanotube inks have lost some of their former market momentum due to technical issues. Silver-based solutions have beat them and are expected to achieve more than Rs.2,410.71 crore ($540 million) in revenues by 2016—ahead of transparent carbon nanotube inks that should still exceed Rs.1,830.36 crore ($410 million) in the same period. However, NanoMarkets still looks ahead to see important new entrants in the carbon nanotube transparent conductor space in the near future.

Despite the opening up of transparent conductor markets to ITO alternatives, NanoMarkets does not see traditional ITO business as seriously threatened. It expects the market to thrive—approximately doubling in size to Rs.24,553.57 crore ($5.5 billion) in 2016. Transparent conductive polymers have already seen significant deployment as an alternative to ITO in touch-screen sensor and e-paper displays. However, the performance of traditional PEDOT materials seems inherently limited. Hope for improvements in transparent conductive coatings can be found in nanostructured polymers, PEDOT analogues and improved patterning technologies.

For more statistics and forecasts, click here.

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