Press release
Increasing Pollution Levels Helping Solar Panel Recycling Market Advance
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On the basis of technology, the market is categorized into mechanical, thermal, and laser, among which the mechanical category led the market in 2017, with an over 55.0% value share. This is attributed to the fact that this separation method is environment-friendly as well as quite efficient. During it, auxiliary parts, such as the junction box, cables,and frame, are manually separated, the glass laminate is shredded, and the copper strings are detached via sorting.
Across the world, Europe generated over 40.0% revenue in the market in 2017, as a result of the strict regulations imposed by the government to ensure the same. During the forecast period, North America would observe rapid progress, as a result of the rising investments in research and development to come up with more-efficient ways to accomplish the process and surging installation of PV modules, as a result of strict regulations and supportive policies. Within the region, the solar panel market in the U.S. is predicted to grow faster.
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Solar panel recycling market competitive landscape
Some of the major players operating in the global solar panel recycling market are Silcontel Ltd., Rinovasol Group, Reiling GmbH & Co. KG, ENVARIS GmbH, ECS Refining LLC, Reclaim PV Recycling Pty. Ltd., Silrec Corporation, Canadian Solar Inc., Yingli Green Energy Holding Company Limited, and First Solar Inc.
GLOBAL SOLAR PANEL RECYCLING MARKET SEGMENTATION
By Process
Thermal
Mechanical
Laser
By Type
Monocrystalline
Polycrystalline
Thin Film
By Shelf Life
Normal Loss
Early Loss
By Region
North America
U.S.
Rest of North America
Europe
Germany
Italy
U.K.
France
Rest of Europe
Asia-Pacific (APAC)
China
India
Japan
Rest of APAC
Central and South America (CSA)
Middle East and Africa (MEA)
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About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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