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Solar Panel Recycling Market Driven by Circular Economy Policies and PV Waste Surge | Recycle Solar Technologies, Silcontel, First Solar, Veolia, Reclaim PV, Echo Environmental, Silicontel ltd
Solar Panel Recycling Market
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Solar Panel Recycling Market Growth
The Global Solar Panel Recycling Market reached US$ 155.5 million in 2023 and is expected to reach US$ 419.6 million by 2031, growing with a CAGR of 13.3% during the forecast period 2024-2031.
Comprehensive Insight into Solar Panel Recycling Market Landscape and Growth Trends:
Solar Panel Recycling refers to the recovery of valuable materials from end-of-life photovoltaic panels. As solar energy adoption accelerates, the recycling market is gaining importance due to sustainability goals and regulations promoting circular energy systems.
Major Players Shaping the Competitive Landscape:
Recycle Solar Technologies, Silcontel, First Solar, Veolia, Reclaim PV, Echo Environmental, Silicontel ltd, Cleanlites, Rinovasol Group, SMA Solar Technology.
Important Mergers, Acquisitions, and Market Shifts:
✅OnePlanet Solar Recycling raises funding (April 23, 2025)
This Florida-based firm secured US $7M and a US $14.5M DOE Investment Tax Credit to build a River City recycling plant capable of handling 2M panels/year, expandable to 6M
✅Qcells launches EcoRecycle facility in Georgia (June 9, 2025)
Qcells' EcoRecycle site in Cartersville aims to recycle 250 MW/year (~500k panels), making it the first vertically integrated C‐Si panel manufacturer and recycler in the U.S.
✅Comstock Metals + RWE Clean Energy MSA (April 16, 2025)
Comstock Metals signed a zero-landfill Master Services Agreement with RWE Clean Energy to recycle solar assets across the U.S. using thermal delamination
✅Solarcycle + RWE Clean Energy expansion (May 14, 2025)
Solarcycle's Texas facility now processes panels from RWE, recovering ~95% of material value (aluminum, silicon, silver, copper)
✅Attero + NISE MoU in India (April 16, 2025)
Indian recycler Attero partnered with the National Institute of Solar Energy to pilot recycling tech and co-create standards for Indian PV modules
✅Sircel acquires Scipher facility (mid‐2024, ramping in 2025)
Australian e‐waste recycler Sircel took over key assets of Scipher Technologies, adding advanced PV panel processing machinery. With a backing of US$5M from Kilara Capital, Sircel is building Australia's leading solar recycling operation
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Methodology and Scope:
This Solar Panel Recycling Market report is developed using a robust research methodology that combines primary interviews, insights from industry experts, and verified secondary sources such as company filings, trade journals, and trusted databases. It follows a bottom-up and top-down approach to ensure data accuracy through triangulation. The scope of the report covers current market trends, growth potential, and strategic developments across global and regional markets.
Regional Overview for Solar Panel Recycling Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
The Report Includes:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Go-to-market Strategy.
➡ Neutral perspective on the market performance.
➡ Customized regional/country reports as per request and country level analysis.
➡ Potential & niche segments and regions exhibiting promising growth covered.
People Also Ask:
➠ What are the global sales, production, consumption, imports, and exports in the Solar Panel Recycling market?
➠ Who are the top manufacturers, and what are their capacity, production, sales, pricing, and revenue stats?
➠ What key opportunities and challenges do vendors face in the Solar Panel Recycling industry?
➠ Which product types, applications, or end-users are driving market growth, and what is their market share?
➠ What are the major growth drivers and restraints of the Solar Panel Recycling market?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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