Organic Solar Cells Market Growth Will Escalate Rapidly 2018-2023 ARMOR Group, AGC, Heliatek, Mitsubishi Chemical, Belectric, Henkel, Solarmer, CSEM Brasil, Sumitomo Chemical

A new research report to its ever-expanding database on the automotive industries and materials. The report, titled “Global Organic Solar Cells Market” Professional Survey Report 2019-2023”, encapsulates all the core factors that are expected to change within this market. The report describes this through a series of passages which include data ranging from rudimentary information to a conclusive forecast. The data can thus be used to enhance a company’s standing in the global market

Companies such as Heliatek GmbH and Mitsubishi Chemical Corporation are entering into strategic partnerships to receive the necessary support for the procurement of raw materials, funding, and distribution. Another strategy used by companies is to use their chemical development prowess to enter the organic solar cell market. A case in point would be The Sumitomo Chemical Co., Ltd. The Japanese company is striving to make use of its chemical manufacturing expertise and global reach to gain a strong position in the organic solar cell market.

The Major players reported in the market include:
ARMOR Group, AGC, Heliatek, Mitsubishi Chemical, Belectric, Henkel, Solarmer, CSEM Brasil, Sumitomo Chemical

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Flexibility and Customization Make Organic Solar Cells Popular
Organic materials used in the manufacturing of organic solar cells offers flexibility to customize the molecular properties as per the application. Organic solar cells can be tailored as per requirements into the shape or size desired. This increases the application areas of solar cells, thus fueling their demand. Organic solar cells are being used to build integrated photovoltaic (BIVP), phones, chargers, laptops, clothes, small autonomous devices, military applications, and the transportation sector. Additionally, the lightness and thinness of these cells make them easier to be used on any surface without adding much extra weight.

The production of electricity using photovoltaic cells does not emit greenhouse gases. There is very less usage of energy during the manufacturing process, thus saving production cost. Additionally, lower energy payback time for organic solar cells makes them the preferred choice for adoption.

Shorter Lifespan Hampering Adoption of Organic Solar Cells Organic solar cells are still in the developmental phase and thus, the efficiency and durability of these cells are not up to the mark. They are not as efficient as crystalline inorganic solar cells. Organic solar cells are unable to absorb a continuous spectrum of photons. These cells have a short lifespan. They are sensitive to heat-induced degradation in the presence of moisture and air and thus, can be easily damaged. Moreover, the solar cell technology is still in its nascent phase and requires a few more years to be fully commercialized. All these factors are restricting the growth of the global organic solar cell market.

Immense Scope of Improvement Provides Opportunity for Players to Grow in Market
The growing competition among companies is expected to result in better efficiency, lower production cost, and improved lifespan of organic solar cells. Companies such as Solarmer Energy, Inc. have reached efficiency levels of over 12%. The increased demand for solar cells is expected to limit the drawbacks of efficiency and cost. This is because an increase in the demand of these cells will lead to mass production, which in turn will reduce the manufacturing cost.

On the basis of application, the BIPV segment is expected to lead and account for 37.93% of the market by 2020. By geography, Europe not only led in the past but is also expected to lead in the coming years. Europe is expected to account for 34.49% of the organic solar cell market by 2020. North America is expected to follow Europe in terms of holding significant shares in the market.

Chapter One Introduction of Organic Solar Cells Industry
1.1 Brief Introduction of Organic Solar Cells
1.2 Development of Organic Solar Cells Industry
1.3 Status of Organic Solar Cells Industry
Chapter Two Manufacturing Technology of Organic Solar Cells
2.1 Development of Organic Solar Cells Manufacturing Technology
2.2 Analysis of Organic Solar Cells Manufacturing Technology
2.3 Trends of Organic Solar Cells Manufacturing Technology
Chapter Three Analysis of Global Key Manufacturers
3.1 Company A
3.1.1 Company Profile
3.1.2 Product Information
3.1.3 2013-2018 Production Information
3.1.4 Contact Information
3.2 Company B
3.2.1 Company Profile
3.2.2 Product Information
3.2.3 2013-2018 Production Information
3.2.4 Contact Information
3.3 Company C
3.2.1 Company Profile
3.3.2 Product Information
3.3.3 2013-2018 Production Information
3.3.4 Contact Information
3.4 Company D
3.4.1 Company Profile
3.4.2 Product Information
3.4.3 2013-2018 Production Information
3.4.4 Contact Information
3.5 Company E
3.5.1 Company Profile
3.5.2 Product Information

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