Press release
Global Solar Panel Recycling Market to Hit USD 516.53 Million, Globally By 2030 at 12.77% CAGR | Infinium Global Research
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Market Insights:
The global solar panel recycling market, valued at USD 172.18 million in 2022, is projected to skyrocket to USD 516.53 million by 2030, exhibiting an impressive Compound Annual Growth Rate (CAGR) of 12.77% during the forecast period 2023-2030.
The solar panel recycling sector encompasses a range of activities from collection to recycling of solar panels, which, despite its growth, is currently serviced by a limited number of specialized companies. Solar panels, composed of solar cells capturing sunlight to generate Direct Current (DC), require recycling procedures involving the separation of glass and silicon wafers through thermal, mechanical, or chemical processes. This practice addresses environmental concerns associated with landfill disposal and promotes sustainability by recovering valuable materials like silicon, aluminum, and glass, while also mitigating potential hazardous material seepage into the environment.
Market Dynamics:
The market surge is attributed to the mounting adoption of solar energy, escalating the need for sustainable disposal of end-of-life solar panels. Stringent environmental regulations and sustainability goals set by governments and organizations emphasize responsible management of solar panel waste. However, challenges, including inadequate recycling infrastructure and commercial institutions, hinder the full potential of the solar panel recycling sector.
Regional Analysis:
Europe is anticipated to hold a significant share in the global solar panel recycling market, owing to favorable government policies promoting renewable energy adoption. The ambitious targets set by the European Union for renewable energy and commitments towards reducing greenhouse gas emissions have created a conducive environment for the solar industry. Additionally, North America exhibits rapid growth due to the surge in demand for distributed energy systems, incentivizing manufacturing and consumption of solar panels in the region.
Segment Coverage:
The report encompasses segments such as thin film, monocrystalline, polycrystalline, silicon, mechanical, laser, thermal, electric processes, and shelf life categories including normal loss and early loss.
Companies Profiled:
Key market player profiles, including Aerisoul Metal & Energy Corporation, Aurubis AG, Cleanlites Recycling, SILCONTEL LTD, Rinovasol Global Services B. V., First Solar, Reiling GmbH & Co. KG, Canadian Solar, Sinovoltaics Group Limited, and RECYCLE SOLAR TECHNOLOGIES LIMITED, are extensively detailed in the report.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Solar Panel Recycling Market Highlights
2.2. Solar Panel Recycling Market Projection
2.3. Solar Panel Recycling Market Regional Highlights
Chapter 3. Global Solar Panel Recycling Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Type
3.4.2. IGR-Growth Matrix Analysis by Process
3.4.3. IGR-Growth Matrix Analysis by Shelf Life
3.4.4. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Solar Panel Recycling Market
Chapter 4. Solar Panel Recycling Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Solar Panel Recycling Market
5.2. Companies Profiles
5.2.1. Aerisoul Metal & Energy Corporation
5.2.2. Aurubis AG
5.2.3. Cleanlites Recycling
5.2.4. SILCONTEL LTD
5.2.5. Rinovasol Global Services B. V.
5.2.6. First Solar
5.2.7. Reiling GmbH & Co. KG
5.2.8. Canadian Solar
5.2.9. Sinovoltaics Group Limited
5.2.10. RECYCLE SOLAR TECHNOLOGIES LIMITED
Chapter 6. Global Solar Panel Recycling Market by Type
6.1. Thin Film
6.2. Monocrystalline
6.3. Polycrystalline
6.4. Silicon
6.5. Others
Chapter 7. Global Solar Panel Recycling Market by Process
7.1. Mechanical
7.2. Laser
7.3. Thermal
7.4. Electric
Chapter 8. Global Solar Panel Recycling Market by Shelf Life
8.1. Normal Loss
8.2. Early Loss
Chapter 9. Global Solar Panel Recycling Market by Region 2023-2030
9.1. North America
9.1.1. North America Solar Panel Recycling Market by Type
9.1.2. North America Solar Panel Recycling Market by Process
9.1.3. North America Solar Panel Recycling Market by Shelf Life
9.1.4. North America Solar Panel Recycling Market by Country
9.1.4.1. The U.S. Solar Panel Recycling Market
9.1.4.1.1. The U.S. Solar Panel Recycling Market by Type
9.1.4.1.2. The U.S. Solar Panel Recycling Market by Process
9.1.4.1.3. The U.S. Solar Panel Recycling Market by Shelf Life
9.1.4.2. Canada Solar Panel Recycling Market
9.1.4.2.1. Canada Solar Panel Recycling Market by Type
9.1.4.2.2. Canada Solar Panel Recycling Market by Process
9.1.4.2.3. Canada Solar Panel Recycling Market by Shelf Life
9.1.4.3. Mexico Solar Panel Recycling Market
9.1.4.3.1. Mexico Solar Panel Recycling Market by Type
9.1.4.3.2. Mexico Solar Panel Recycling Market by Process
9.1.4.3.3. Mexico Solar Panel Recycling Market by Shelf Life
9.2. Europe
9.2.1. Europe Solar Panel Recycling Market by Type
9.2.2. Europe Solar Panel Recycling Market by Process
9.2.3. Europe Solar Panel Recycling Market by Shelf Life
9.2.4. Europe Solar Panel Recycling Market by Country
9.2.4.1. Germany Solar Panel Recycling Market
9.2.4.1.1. Germany Solar Panel Recycling Market by Type
9.2.4.1.2. Germany Solar Panel Recycling Market by Process
9.2.4.1.3. Germany Solar Panel Recycling Market by Shelf Life
9.2.4.2. United Kingdom Solar Panel Recycling Market
9.2.4.2.1. United Kingdom Solar Panel Recycling Market by Type
9.2.4.2.2. United Kingdom Solar Panel Recycling Market by Process
9.2.4.2.3. United Kingdom Solar Panel Recycling Market by Shelf Life
9.2.4.3. France Solar Panel Recycling Market
9.2.4.3.1. France Solar Panel Recycling Market by Type
9.2.4.3.2. France Solar Panel Recycling Market by Process
9.2.4.3.3. France Solar Panel Recycling Market by Shelf Life
9.2.4.4. Italy Solar Panel Recycling Market
9.2.4.4.1. Italy Solar Panel Recycling Market by Type
9.2.4.4.2. Italy Solar Panel Recycling Market by Process
9.2.4.4.3. Italy Solar Panel Recycling Market by Shelf Life
9.2.4.5. Rest of Europe Solar Panel Recycling Market
9.2.4.5.1. Rest of Europe Solar Panel Recycling Market by Type
9.2.4.5.2. Rest of Europe Solar Panel Recycling Market by Process
9.2.4.5.3. Rest of Europe Solar Panel Recycling Market by Shelf Life
9.3. Asia Pacific
9.3.1. Asia Pacific Solar Panel Recycling Market by Type
9.3.2. Asia Pacific Solar Panel Recycling Market by Process
9.3.3. Asia Pacific Solar Panel Recycling Market by Shelf Life
9.3.4. Asia Pacific Solar Panel Recycling Market by Country
9.3.4.1. China Solar Panel Recycling Market
9.3.4.1.1. China Solar Panel Recycling Market by Type
9.3.4.1.2. China Solar Panel Recycling Market by Process
9.3.4.1.3. China Solar Panel Recycling Market by Shelf Life
9.3.4.2. Japan Solar Panel Recycling Market
9.3.4.2.1. Japan Solar Panel Recycling Market by Type
9.3.4.2.2. Japan Solar Panel Recycling Market by Process
9.3.4.2.3. Japan Solar Panel Recycling Market by Shelf Life
9.3.4.3. India Solar Panel Recycling Market
9.3.4.3.1. India Solar Panel Recycling Market by Type
9.3.4.3.2. India Solar Panel Recycling Market by Process
9.3.4.3.3. India Solar Panel Recycling Market by Shelf Life
9.3.4.4. South Korea Solar Panel Recycling Market
9.3.4.4.1. South Korea Solar Panel Recycling Market by Type
9.3.4.4.2. South Korea Solar Panel Recycling Market by Process
9.3.4.4.3. South Korea Solar Panel Recycling Market by Shelf Life
9.3.4.5. Australia Solar Panel Recycling Market
9.3.4.5.1. Australia Solar Panel Recycling Market by Type
9.3.4.5.2. Australia Solar Panel Recycling Market by Process
9.3.4.5.3. Australia Solar Panel Recycling Market by Shelf Life
9.3.4.6. Rest of Asia-Pacific Solar Panel Recycling Market
9.3.4.6.1. Rest of Asia-Pacific Solar Panel Recycling Market by Type
9.3.4.6.2. Rest of Asia-Pacific Solar Panel Recycling Market by Process
9.3.4.6.3. Rest of Asia-Pacific Solar Panel Recycling Market by Shelf Life
9.4. RoW
9.4.1. RoW Solar Panel Recycling Market by Type
9.4.2. RoW Solar Panel Recycling Market by Process
9.4.3. RoW Solar Panel Recycling Market by Shelf Life
9.4.4. RoW Solar Panel Recycling Market by Sub-region
9.4.4.1. Latin America Solar Panel Recycling Market
9.4.4.1.1. Latin America Solar Panel Recycling Market by Type
9.4.4.1.2. Latin America Solar Panel Recycling Market by Process
9.4.4.1.3. Latin America Solar Panel Recycling Market by Shelf Life
9.4.4.2. Middle East Solar Panel Recycling Market
9.4.4.2.1. Middle East Solar Panel Recycling Market by Type
9.4.4.2.2. Middle East Solar Panel Recycling Market by Process
9.4.4.2.3. Middle East Solar Panel Recycling Market by Shelf Life
9.4.4.3. Africa Solar Panel Recycling Market
9.4.4.3.1. Africa Solar Panel Recycling Market by Type
9.4.4.3.2. Africa Solar Panel Recycling Market by Process
9.4.4.3.3. Africa Solar Panel Recycling Market by Shelf Life
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/market-reports/enquiry/209
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of solar panel recycling.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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