Low Iron Glass for Concentrating Solar Power (Csp) Market Development Trend Analysis to 2020

Low Iron Glass for Concentrating Solar Power (CSP) Market Size, Share,

Global Trends, Company Profiles, Demand, Insights, Analysis, Research,

Report, Opportunities, Segmentation and Forecast To 2014 - 2020

Low iron glass for concentrating solar power (CSP) accounts for about 3% of the total global

glass production. The global low iron glass for CSP market was valued at USD 357 million in

2013. It is expected to reach USD 12 billion by 2020. By 2020, about 16% of the total glass

produced in the world will be low iron glass, a share comparable to automotive glass.

This stupendous growth will be a result of accelerated adoption of CSP all over the world. Any

CSP market becomes feasible when it has 100 paying reference accounts. CSP industry has

strong growth potential. As solar energy becomes increasingly affordable, the world will undergo

a transformation. It will then be possible to desalinate water, drive electric cars, and control

home temperature to suit our taste all year round.

Solar energy is expected to contribute more than 89% to the world energy production in the next

25 years. Its growth trajectory may be likened to that of the smart phone industry which became

lucrative once prices dropped and generated economies of scale. CSP will lower electricity costs

to a large extent. Silica is the main material required to manufacture low iron glass for CSP. Low

iron glass’ advantages include clarity and more efficient capture of solar power.

Browse the full “Low Iron Glass for Concentrating Solar Power (CSP) Market” Report at:

http://www.radiantinsights.com/research/low-iron-glass-for-concentrating-solar-powercsp-market

CSP plants, once built, require negligible amount of labor. Moreover, there are no subsequent

fuel costs involved. Electricity costs from CSP plants in 2013 stood at USD 0.15 to 0.24 per

kWh. They could drop down to USD 0.03 per kWh and even lower by the end of 2017. The year

2020 should witness an even higher drop (in the range of 30%-50%) in CSP...