Solar Panel Recycling Market Size, Analysis By Type, Material, Region and Forecast by 2027

According to IMARC Group's latest report, titled "𝐒𝐨𝐥𝐚𝐫 𝐏𝐚𝐧𝐞𝐥 𝐑𝐞𝐜𝐲𝐜𝐥𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟐-𝟐𝟎𝟐𝟕", the global solar panel recycling market size reached US$ 110.4 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 302.9 Million by 2027, exhibiting a growth rate (CAGR) of 18.42% during 2022-2027.

Solar panels contain several hazardous materials, such as lead, cadmium, gallium, and silicon. As a result, solar panel recycling has become an important aspect of the industry to mitigate its environmental impact. The process involves the removal of the frame and junction box, followed by milling, crushing, and shredding of the solar panels. This enables the recovery of valuable materials, such as aluminum, copper, and glass, while silicon solar cells are incinerated. Recycling solar panels prevents the release of hazardous substances from waste streams and reduces greenhouse gas emissions associated with photovoltaic (PV) modules. It also offers economic benefits, such as recovered materials that can be reused in the production of new solar panels or other products.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/solar-panel-recycling-market/requestsample

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

Solar Panel Recycling Market Trends:

The global concern for environmental sustainability has prompted a gradual shift towards renewable energy sources, which represents one of the primary factors bolstering the market growth. In confluence with this, the escalating demand for solar panels has led to an increasing need for efficient recycling practices, which is accelerating the market growth. Additionally, governments of various nations are implementing stringent regulations and policies to promote the responsible disposal of solar panels, which, in turn, is driving the market growth. Furthermore, extensive investments in research and development (R&D) activities to improve the efficiency of the recycling process and the need to minimize human health risks associated with end-of-life (EOL) management are contributing to the market growth.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐖𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/solar-panel-recycling-market

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

• Canadian Solar.
• Echo Environmental LLC (Envela Corporation)
• Envaris GmbH
• First Solar Inc.
• Hanwha Group
• Reclaim PV Recycling Pty Ltd
• Reiling GmbH & Co. KG
• SILCONTEL LTD
• Silrec Corporation
• SunPower Corporation (Total SE)
• Total Green Recycling
• Trina Solar.

Key Market Segmentation:

The report has categorized the market based on process, type, material, shelf life and region.

Breakup by Process:
• Thermal
• Mechanical
• Laser
• Others

Breakup by Type:
• Crystalline Silicon
• Thin Film
• Others

Breakup by Material:
• Metal
• Glass
• Aluminum
• Silicon
• Others

Breakup by Shelf Life:
• Normal Loss
• Early Loss

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐅𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/request?type=report&id=3700&flag=C

Key Highlights of The Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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