Polymer Solar Cell Market Analysis

Junction Type (Single Layer, Bilayer, Bulk Heterojunction, Multi-junction)

The single layer segment is poised to capture 37% polymer solar cell market share by 2037 owing to its simplicity and affordability. Comparing single-layer polymer solar cells to more intricate designs such as bilayer, bulk heterojunction, and multi-junction cells, the former is simpler to produce and requires fewer ingredients and processing processes. Due to their increased scalability and reduced production costs, single-layer cells are now more widely available for use.

Also, recently, a power conversion efficiency (PCE) of more than 18% has been achieved by single-junction OSCs (which use a single layer as an active layer) that use narrow-band-gap small-molecule acceptors (SMAs) and wide-band-gap polymer donors (PDs) as their bulk heterojunction (BHJ) photoactive layers.

Application (BIPV (Building Integrated Photovoltaic), Consumer Electronics, Automotive, Defense and Emergency)

The BIPV segment is expected to garner a notable size during the forecast period. The segment growth can be attributed to the polymer solar cells' flexibility and lightweight design making them perfect for incorporation into building materials including roofs, windows, and facades. This allows buildings to become energy-generating structures without sacrificing aesthetics. Polymer solar cells are now more durable and efficient because of advances in material science, which makes them more appealing for use in architectural applications. Furthermore, the environmental benefits of BIPV, including lower carbon footprints and energy savings, are consistent with the growing need for sustainable and green building practices.

Our in-depth analysis of the polymer solar cell market includes the following segments: