Materials for use in thin-film and organic photovoltaics (PV) will reach $3.8 billion by 2015, according to a new study by NanoMarkets, a Virginia-based industry analyst. According to NanoMarkets' analysis, the thin-film and organic photovoltaic market is becoming a source of opportunity for both traditional electronic chemicals suppliers and innovative materials firms. In addition, innovations will have a profound impact on the future of photovolatics.

The report said new thin-film materials will be the key to growth of the photovoltaics market. In the near future, thin-film materials will provide entirely new directions for photovoltaics. Silicon inks will soon be available that will combine the manufacturability advantages of organic photovoltaics, but with much higher conversion efficiencies. Additional information about the report can be found at www.nanomarkets.net.