Press release
Solar Panel Recycling Market Size, Analysis By Type, Material, Region and Forecast by 2027
According to IMARC Group's latest report, titled "๐๐จ๐ฅ๐๐ซ ๐๐๐ง๐๐ฅ ๐๐๐๐ฒ๐๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐", 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.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: 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.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ญ๐ก ๐๐๐ & ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ: 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.
โข Canadian Solar.
โข Echo Environmental LLC (Envela Corporation)
โข Envaris GmbH
โข First Solar Inc.
โข Hanwha Group
โข Reclaim PV Recycling Pty Ltd
โข Reiling GmbH & Co. KG
โข SILCONTEL LTD
โข Silrec Corporation
โข SunPower Corporation (Total SE)
โข Total Green Recycling
โข Trina Solar.
Key Market Segmentation:
The report has categorized the market based on process, type, material, shelf life and region.
Breakup by Process:
โข Thermal
โข Mechanical
โข Laser
โข Others
Breakup by Type:
โข Crystalline Silicon
โข Thin Film
โข Others
Breakup by Material:
โข Metal
โข Glass
โข Aluminum
โข Silicon
โข Others
Breakup by Shelf Life:
โข Normal Loss
โข Early Loss
Breakup by Region:
โข North America (United States, Canada)
โข Europe (Germany, France, United Kingdom, Italy, Spain, Others)
โข Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
โข Latin America (Brazil, Mexico, Others)
โข Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐ ๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=3700&flag=C
Key Highlights of The Report:
โข Market Performance (2016-2021)
โข Market Outlook (2022-2027)
โข Market Trends
โข Market Drivers and Success Factors
โข SWOT Analysis
โข Value Chain Analysis
โข 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.
Related Reports by IMARC Group:
https://www.digitaljournal.com/pr/news/north-america-ice-cream-market-size-share-of-brands-growth-segmentation-and-analysis-by-2027
https://www.digitaljournal.com/pr/news/india-paper-packaging-market-size-segmentation-by-type-form-application-regional-and-forecast-2023-2028
https://www.digitaljournal.com/pr/news/india-minimally-invasive-surgery-market-worth-top-players-growth-trends-analysis-and-forecast-2023-2028
https://www.digitaljournal.com/pr/news/test-preparation-market-growth-trends-competitive-landscape-learning-model-exam-and-overview-by-2027
https://www.digitaljournal.com/pr/news/solar-panel-market-size-share-by-company-analysis-growth-trends-future-and-overview-by-2027
Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com/
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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