The global demand for Solar Panel Recycling Market is presumed to reach the market size of nearly USD 233.11 MN by 2028 from USD 150.9 MN in 2021 with a CAGR of 14.31% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Kilo Tons in 2021 and forecast to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Solar panel recycling is the process of reusing or recycling solar panel waste once they have reached the end of their proper life cycle or have been damaged. The main motive of solar panel recycling is to generate new materials. It is a complex process as solar panels contain metals and chemicals that can toxicate the environment at the time of their disposal. Solar panel recycling helps keep harmful materials like lead, cadmium, selenium etc., out of the environment, recovering and reusing its component materials in new products. Moreover, It alleviates the supply chain restraints and ultimately lowers the cost of solar.
Market Dynamics
Rising environmental concern and the gradual transition of the energy industry from the conventional to the renewable sector are the key factors driving the growth of the Solar panel recycling market. The rapid growth in PV installation increases the demand for the solar panel recycling market. In addition, the government initiatives for safe disposal of solar panels and increase in investment towards renewable energy are anticipated to create several growth opportunities for this market in the upcoming years. In contrast, the lack of required solar panel recycling infrastructure across the globe and lower regulations towards the solar panel recycling industry can hinder the growth of this market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of solar panel recycling. The growth and trends of Solar Panel Recycling Industry provide a holistic approach to this study.
Market Segmentation
This section of the solar panel recycling market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Process
By Type
- Crystalline Silicon
- Thin Film
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Solar Panel Recycling market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Solar Panel Recycling Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the solar panel recycling market include First Solar, Inc., Echo Environmental, LLC, Silcontel Ltd., Canadian Solar, Silrec Corp., SunPower Corp., Reiling GmbH & Co. KG, Trina Solar, Aurubis, Envaris, SiC Processing GmbH, Yingli Energy Co. Ltd., Hanwha Group. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Frequently Asked Questions (FAQs) about this Report
b. The global solar panel recycling market size was estimated to be worth USD 150.9 Million in 2021.
b. For the years 2023-2028, the global solar panel recycling market growth is expected to be around 14.31%.
b. The global solar panel recycling market is currently dominated by Europe.
b. The global solar panel recycling market is segmented by Process (Thermal, Mechanical, Laser), by Type (Crystalline Silicon, Thin Film).
b. The leading players in the global solar panel recycling market are First Solar, Inc., Echo Environmental, LLC, Silcontel Ltd., Canadian Solar, Silrec Corp., SunPower Corp., Reiling GmbH & Co. KG, Trina Solar, Aurubis, Envaris, SiC Processing GmbH, Yingli Energy Co. Ltd., Hanwha Group.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . SOLAR PANEL RECYCLING – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Process
3.7.2 By Type
3.7.3 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL SOLAR PANEL RECYCLING MARKET ANALYSIS BY PROCESS
6.1 Overview by Process
6.2 Historical and Forecast Data
6.3 Analysis by Process
6.4 Thermal Market by Regions
6.6 Mechanical Market by Regions
6.5 Laser Market by Regions
7 . GLOBAL SOLAR PANEL RECYCLING MARKET ANALYSIS BY TYPE
7.1 Overview by Type
7.2 Historical and Forecast Data
7.3 Analysis by Type
7.4 Crystalline Silicon Market by Regions
7.5 Thin Film Market by Regions
8 . GLOBAL SOLAR PANEL RECYCLING MARKET ANALYSIS BY GEOGRAPHY
8.1. Regional Outlook
8.2. Introduction
8.3. North America
8.3.1. Overview, Historic and Forecast Data
8.3.2. North America By Segment
8.3.3. North America By Country
8.3.4. United State
8.3.5. Canada
8.3.6. Mexico
8.4. Europe
8.4.1. Overview, Historic and Forecast Data
8.4.2. Europe by Segment
8.4.3. Europe by Country
8.4.4. United Kingdom
8.4.5. France
8.4.6. Germany
8.4.7. Italy
8.4.8. Russia
8.4.9. Rest Of Europe
8.5. Asia Pacific
8.5.1. Overview, Historic and Forecast Data
8.5.2. Asia Pacific by Segment
8.5.3. Asia Pacific by Country
8.5.4. China
8.5.5. India
8.5.6. Japan
8.5.7. South Korea
8.5.8. Australia
8.5.9. Rest Of Asia Pacific
8.6. Latin America
8.6.1. Overview, Historic and Forecast Data
8.6.2. Latin America by Segment
8.6.3. Latin America by Country
8.6.4. Brazil
8.6.5. Argentina
8.6.6. Peru
8.6.7. Chile
8.6.8. Rest of Latin America
8.7. Middle East & Africa
8.7.1. Overview, Historic and Forecast Data
8.7.2. Middle East & Africa by Segment
8.7.3. Middle East & Africa by Country
8.7.4. Saudi Arabia
8.7.5. UAE
8.7.6. Israel
8.7.7. South Africa
8.7.8. Rest Of Middle East And Africa
9 . COMPETITIVE LANDSCAPE OF THE SOLAR PANEL RECYCLING COMPANIES
9.1. Solar Panel Recycling Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments
10 . COMPANY PROFILES OF SOLAR PANEL RECYCLING INDUSTRY
10.1. Company Share Analysis
10.2. Market Concentration Rate
10.3. First Solar, Inc.
10.3.1. Company Overview
10.3.2. Financials
10.3.3. Products
10.3.4. Recent Developments
10.4. Echo Environmental, LLC
10.4.1. Company Overview
10.4.2. Financials
10.4.3. Products
10.4.4. Recent Developments
10.5. Silcontel Ltd.
10.5.1. Company Overview
10.5.2. Financials
10.5.3. Products
10.5.4. Recent Developments
10.6. Canadian Solar
10.6.1. Company Overview
10.6.2. Financials
10.6.3. Products
10.6.4. Recent Developments
10.7. Silrec Corp.
10.7.1. Company Overview
10.7.2. Financials
10.7.3. Products
10.7.4. Recent Developments
10.8. SunPower Corp.
10.8.1. Company Overview
10.8.2. Financials
10.8.3. Products
10.8.4. Recent Developments
10.9. Reiling GmbH & Co. KG
10.9.1. Company Overview
10.9.2. Financials
10.9.3. Products
10.9.4. Recent Developments
10.10. Trina Solar
10.10.1. Company Overview
10.10.2. Financials
10.10.3. Products
10.10.4. Recent Developments
10.11. Aurubis
10.11.1. Company Overview
10.11.2. Financials
10.11.3. Products
10.11.4. Recent Developments
10.12. Envaris
10.12.1. Company Overview
10.12.2. Financials
10.12.3. Products
10.12.4. Recent Developments
10.13. SiC Processing GmbH
10.13.1. Company Overview
10.13.2. Financials
10.13.3. Products
10.13.4. Recent Developments
10.14. Yingli Energy Co. Ltd.
10.14.1. Company Overview
10.14.2. Financials
10.14.3. Products
10.14.4. Recent Developments
10.15. Hanwha Group
10.15.1. Company Overview
10.15.2. Financials
10.15.3. Products
10.15.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Process (Kilo Tons and USD MN)
- Thermal Market by Geography (Kilo Tons and USD MN)
- Mechanical Market by Geography (Kilo Tons and USD MN)
- Laser Market by Geography (Kilo Tons and USD MN)
- Analysis Market by Type (Kilo Tons and USD MN)
- Crystalline Silicon Market by Geography (Kilo Tons and USD MN)
- Thin Film Market by Geography (Kilo Tons and USD MN)
- Global Solar Panel Recycling Market by Geography (Kilo Tons and USD MN)
- North America Market Analysis (Kilo Tons and USD MN)
- United State Market Analysis (Kilo Tons and USD MN)
- Canada Market Analysis (Kilo Tons and USD MN)
- Mexico Market Analysis (Kilo Tons and USD MN)
- Europe Market Analysis (Kilo Tons and USD MN)
- Europe Market Estimate by Country (Kilo Tons and USD MN)
- United Kingdom Market Analysis (Kilo Tons and USD MN)
- France Market Analysis (Kilo Tons and USD MN)
- Germany Market Analysis (Kilo Tons and USD MN)
- Italy Market Analysis (Kilo Tons and USD MN)
- Russia Market Analysis (Kilo Tons and USD MN)
- Spain Market Analysis (Kilo Tons and USD MN)
- Rest of Europe Market Analysis (Kilo Tons and USD MN)
- Asia Pacific Market Analysis (Kilo Tons and USD MN)
- China Market Analysis (Kilo Tons and USD MN)
- Japan Market Analysis (Kilo Tons and USD MN)
- India Market Analysis (Kilo Tons and USD MN)
- South Korea Market Analysis (Kilo Tons and USD MN)
- Australia Market Analysis (Kilo Tons and USD MN)
- Rest of Asia Pacific Market Analysis (Kilo Tons and USD MN)
- Latin America Market Analysis (Kilo Tons and USD MN)
- Brazil Market Analysis (Kilo Tons and USD MN)
- Argentina Market Analysis (Kilo Tons and USD MN)
- Peru Market Analysis (Kilo Tons and USD MN)
- Chile Market Analysis (Kilo Tons and USD MN)
- Rest of Latin America Market Analysis (Kilo Tons and USD MN)
- Middle East & Africa Market Analysis (Kilo Tons and USD MN)
- Saudi Arabia Market Analysis (Kilo Tons and USD MN)
- UAE Market Analysis (Kilo Tons and USD MN)
- Israel Market Analysis (Kilo Tons and USD MN)
- South Africa Market Analysis (Kilo Tons and USD MN)
- Rest of Middle East and Africa Market Analysis (Kilo Tons and USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Solar Panel Recycling Report
- Market Research Process
- Market Research Methodology
- Global Solar Panel Recycling Market Size, by Region (Kilo Tons and USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Process
- Market Attractiveness Analysis by Type
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Process (Kilo Tons and USD MN)
- Thermal Market by Geography (Kilo Tons and USD MN)
- Mechanical Market by Geography (Kilo Tons and USD MN)
- Laser Market by Geography (Kilo Tons and USD MN)
- Global Market Analysis by Type (Kilo Tons and USD MN)
- Crystalline Silicon Market by Geography (Kilo Tons and USD MN)
- Thin Film Market by Geography (Kilo Tons and USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.