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Solar Panel Recycling Market Size, Share & Trends Analysis Report By Process (Laser, Mechanical), By Product (Monocrystalline, Thin Film), By Shelf Life (Early Loss, Normal Loss), By Region, And Segment Forecasts, 2020 - 2027

Published by Grand View Research, Inc. Product code 963116
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Solar Panel Recycling Market Size, Share & Trends Analysis Report By Process (Laser, Mechanical), By Product (Monocrystalline, Thin Film), By Shelf Life (Early Loss, Normal Loss), By Region, And Segment Forecasts, 2020 - 2027
Published: September 11, 2020 Content info: 135 Pages
Description

Solar Panel Recycling Market Growth & Trends

The global solar panel recycling market size is expected to reach USD 333.8 million by 2027 registering a CAGR of 12.8%, according to a new report by Grand View Research, Inc. Increasing preference for renewable energy over conventional sources of energy considering the nominal ecological impact is likely to boost the market growth over the projected period.

The growing number of photovoltaic installations on account of their declining prices is likely to further enhance the demand for the recycling of solar panels. Also, the rising awareness about the cost as well as ecological benefits related to solar energy is expected to trigger the market growth. With the extensive R&D, various mechanisms and processes to carry out the active recycling of solar panels have progressed.

Moreover, several strict regulations and government certifications with regards to appropriate solar panel waste treatment and to encourage the implementation of solar energy projects are expected to drive the market. To permit supportable development, certain government authorities are also providing numerous support schemes and incentives for the effective recycling of solar panels.

The mechanical solar panel recycling process type segment led the market in 2019. The segment will retain its dominant position throughout the forecast years on account of the wide usage of this process due to its efficiency and low impact on the environment. The monocrystalline solar panels recycling accounted for the largest share of 50.5% in 2019. High-efficiency stages and longer shelf life along with space efficacy are projected to surge the demand for such panels over the upcoming years.

Europe is the leading regional market owing to the wide consumer acceptance and early product adoption across the region. Moreover, various government actions to legalize the recycling process in countries, such as the U.K. and Germany, are estimated to thrust the market growth. Certain technological advancements to boost the rate of recycling are expected to drive the product demand further.

Solar Panels Recycling Market Report Highlights

The global market was valued at over USD 127.7 million in 2019 and is estimated to record a CARG of 12.8% over the projected period

The early loss end-use segment led the market in 2019. However, the normal loss segment is projected to register the fastest CAGR from 2020 to 2027

Mechanical process segment is expected to account for the largest revenue share by 2027

The Asia Pacific will be the fastest-growing regional market over the forecast period. China is expected to account for the maximum share in the APAC market

North America is also estimated to have significant growth during the forecast period

Table of Contents
Product Code: GVR-1-68038-617-2

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market segmentation & scope
  • 1.2. Information procurement
    • 1.2.1. Purchased database
    • 1.2.2. GVR's internal database
    • 1.2.3. Secondary sources & third-party perspectives
    • 1.2.4. Primary research
  • 1.3. Information analysis
    • 1.3.1. Data analysis models
  • 1.4. Market formulation & data visualization
  • 1.5. Data validation & publishing

Chapter 2. Executive Summary

Chapter 3. Market Definitions

Chapter 4. Solar Panel Recycling Market Variables, Trends & Scope

  • 4.1. Market Size and Growth Prospects
  • 4.2. Industry Value Chain Analysis
  • 4.3. Raw Material Trends
  • 4.4. Market Dynamics
    • 4.4.1. Market Driver Analysis
    • 4.4.2. Market Restraint Analysis
    • 4.4.3. Opportunity Assessment
  • 4.5. Penetration & Growth Prospect Mapping
  • 4.6. Regulatory Framework
  • 4.7. Business Environment Analysis Tools
    • 4.7.1. Industry Analysis - Porter's
    • 4.7.2. PESTEL Analysis
  • 4.8. Impact of Corona Virus on Solar Panel Recycling Market

Chapter 5. Solar Panel Recycling Market Process Outlook

  • 5.1. Market Size Estimates & Forecasts and Trend Analysis, 2016 - 2027 (Revenue, USD Million)
  • 5.2. Thermal
    • 5.2.1. Market estimates and forecasts by region, 2016 - 2027 (Revenue, USD Million)
  • 5.3. Mechanical
    • 5.3.1. Market estimates and forecasts by region, 2016 - 2027 (Volume, MW, Revenue, USD Million)
  • 5.4. Laser
    • 5.4.1. Market estimates and forecasts by region, 2016 - 2027 (Volume, MW, Revenue, USD Million)

Chapter 6. Solar Panel Recycling Market Product Outlook

  • 6.1. Market Size Estimates & Forecasts and Trend Analysis, 2016 - 2027 (Installed Capacity, KW; Revenue, USD Million)
  • 6.2. Monocrystalline
    • 6.2.1. Market estimates and forecasts by region, 2016 - 2027 (Revenue, USD Million)
  • 6.3. Polycrystalline
    • 6.3.1. Market estimates and forecasts by region, 2016 - 2027 (Revenue, USD Million)
  • 6.4. Thin film
    • 6.4.1. Market estimates and forecasts by region, 2016 - 2027 (Revenue, USD Million)

Chapter 7. Solar Panel Recycling Market Shelf Life Outlook

  • 7.1. Market Size Estimates & Forecasts and Trend Analysis, 2016 - 2027 (Volume Kilo Tons, Volume Kilo Tons, Revenue, USD Million)
  • 7.2. Normal Loss
    • 7.2.1. Market estimates and forecasts by region, 2016 - 2027 (Volume Kilo Tons, Revenue, USD Million)
  • 7.3. Early Loss
    • 7.3.1. Market estimates and forecasts by region, 2016 - 2027 (Volume Kilo Tons, Revenue, USD Million)

Chapter 8. Solar Panel Recycling Regional Outlook

  • 8.1. Solar Panel Recycling Market, By Region, 2019 & 2027
  • 8.2. North America
    • 8.2.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
    • 8.2.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
    • 8.2.3. The U.S.
      • 8.2.3.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
      • 8.2.3.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
    • 8.2.4. Canada
      • 8.2.4.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
      • 8.2.4.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
    • 8.2.5. Mexico
      • 8.2.5.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
      • 8.2.5.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
  • 8.3. Europe
    • 8.3.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
    • 8.3.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
    • 8.3.3. Germany
      • 8.3.3.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
      • 8.3.3.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
    • 8.3.4. The U.K.
      • 8.3.4.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
      • 8.3.4.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
    • 8.3.5. France
      • 8.3.5.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
      • 8.3.5.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
  • 8.4. Asia Pacific
    • 8.4.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
    • 8.4.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
    • 8.4.3. China
      • 8.4.3.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
      • 8.4.3.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
    • 8.4.4. India
      • 8.4.4.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
      • 8.4.4.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
    • 8.4.5. Japan
      • 8.4.5.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
      • 8.4.5.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
  • 8.5. Central and South America
    • 8.5.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
    • 8.5.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
    • 8.5.3. Brazil
      • 8.5.3.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
      • 8.5.3.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
    • 8.5.4. Argentina
      • 8.5.4.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
      • 8.5.4.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
  • 8.6. MEA
    • 8.6.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
    • 8.6.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
    • 8.6.3. Qatar
      • 8.6.3.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
      • 8.6.3.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)
    • 8.6.4. UAE
      • 8.6.4.1. Market estimates and forecasts by Process, 2016 - 2027 (Revenue, USD Million)
      • 8.6.4.2. Market estimates and forecasts by Product, 2016 - 2027 (Revenue, USD Million)

Chapter 9. Competitive Landscape

  • 9.1. First Solar Inc.
    • 9.1.1. Company overview
    • 9.1.2. Financial performance
    • 9.1.3. Product benchmarking
    • 9.1.4. Recent developments
  • 9.2. Trina Solar
    • 9.2.1. Company overview
    • 9.2.2. Financial performance
    • 9.2.3. Product benchmarking
    • 9.2.4. Recent developments
  • 9.3. Echo Environmental, LLC
    • 9.3.1. Company overview
    • 9.3.2. Financial performance
    • 9.3.3. Product benchmarking
    • 9.3.4. Recent developments
  • 9.4. SILCONTEL LTD
    • 9.4.1. Company overview
    • 9.4.2. Financial performance
    • 9.4.3. Product benchmarking
    • 9.4.4. Recent Developments
  • 9.5. Yingli Solar
    • 9.5.1. Company Overview
    • 9.5.2. Financial Performance
    • 9.5.3. Product benchmarking
    • 9.5.4. Recent developments
  • 9.6. Canadian Solar
    • 9.6.1. Company overview
    • 9.6.2. Financial performance
    • 9.6.3. Product benchmarking
    • 9.6.4. Recent developments
  • 9.7. Silrec Corporation
    • 9.7.1. Company Overview
    • 9.7.2. Financial Performance
    • 9.7.3. Product Benchmarking
    • 9.7.4. Recent Developments
  • 9.8. SunPower Corporation
    • 9.8.1. Company Overview
    • 9.8.2. Financial Performance
    • 9.8.3. Product Benchmarking
    • 9.8.4. Recent Developments
  • 9.9. Hanwha Group
    • 9.9.1. Company overview
    • 9.9.2. Financial performance
    • 9.9.3. Product benchmarking
    • 9.9.4. Recent developments
  • 9.10. Reiling GmbH & Co. KG.
    • 9.10.1. Company overview
    • 9.10.2. Financial performance
    • 9.10.3. Product benchmarking
    • 9.10.4. Recent developments
  • 9.11. Aurubis
    • 9.11.1. Company overview
    • 9.11.2. Financial performance
    • 9.11.3. Product benchmarking
    • 9.11.4. Recent developments
  • 9.12. Envaris
    • 9.12.1. Company overview
    • 9.12.2. Financial performance
    • 9.12.3. Product benchmarking
    • 9.12.4. Recent developments
  • 9.13. SiC Processing GmbH
    • 9.13.1. Company overview
    • 9.13.2. Financial performance
    • 9.13.3. Product benchmarking
    • 9.13.4. Recent developments

List of Tables

  • TABLE 1 Global Solar Panel Recycling Market, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 2 Global Solar Panel Recycling Market estimates and forecasts by Process, (Kilo Tons, USD Million), 2016 - 2027
  • TABLE 3 Global Solar Panel Recycling Market estimates and forecasts by Product, (MW, Kilo Tons, USD Million), 2016 - 2027
  • TABLE 4 Solar Panel Recycling - Key Market Restraint
  • TABLE 5 Global Thermal Solar Panel Recycling market by region, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 6 Global Mechanical Solar Panel Recycling Market by region, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 7 Global Laser Solar Panel Recycling market by region, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 8 Global Monocrystalline Solar Panel Recycling Market by region, 2016 - 2027 Kilo Tons, USD Million)
  • TABLE 9 Global PolycrystallineSolar Panel Recycling market by region, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 10 Global Thin film Solar Panel Recycling Market by region, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 11 North America Solar Panel Recycling Market by Process, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 12 North America Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 13 North America Solar Panel Recycling market by Shelf Life, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 14 The U.S. Solar Panel Recycling Market by Process, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 15 The U.S. Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 16 The U.S. Solar Panel Recycling market by Shelf Life, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 17 Canada Solar Panel Recycling Market by Process, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 18 Canada Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 19 Canada Solar Panel Recycling market by Shelf Life, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 20 Mexico Solar Panel Recycling Market by Process, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 21 Mexico Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 22 Mexico Solar Panel Recycling market by Shelf Life, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 23 Europe Solar Panel Recycling Market by Process, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 24 Europe Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 25 Europe Solar Panel Recycling market by Shelf Life, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 26 Germany Solar Panel Recycling Market by Process, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 27 Germany Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 28 Germany Solar Panel Recycling market by Shelf Life, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 29 France Solar Panel Recycling Market by Process, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 30 France Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 31 France Solar Panel Recycling market by Shelf Life, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 32 The U.K. Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 33 The U.K. Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 34 The U.K. Solar Panel Recycling market by Shelf Life, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 35 Brazil Solar Panel Recycling Market by Process, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 36 Brazil Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 37 Brazil Solar Panel Recycling market by Shelf Life, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 38 Asia Pacific Solar Panel Recycling Market by Process, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 39 Asia Pacific Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 40 Asia Pacific Solar Panel Recycling market by Shelf Life, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 41 India Solar Panel Recycling Market by Process, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 42 India Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 43 India Solar Panel Recycling market by Shelf Life, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 44 China Solar Panel Recycling Market by Process, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 45 China Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 46 China Solar Panel Recycling market by Shelf Life, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 47 Japan Solar Panel Recycling Market by Process, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 48 Japan Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 49 Japan Solar Panel Recycling market by Shelf Life, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 50 CSA Solar Panel Recycling Market by Process, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 51 CSA Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 52 CSA Solar Panel Recycling market by Shelf Life, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 53 MEA Solar Panel Recycling Market by Process, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 54 MEA Solar Panel Recycling Market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • TABLE 55 MEA Solar Panel Recycling market by Shelf Life, 2016 - 2027 (Kilo Tons, USD Million)

List of Figures

  • FIG. 1 Market segmentation & scope
  • FIG. 2 Solar Panel Recycling market size and growth prospects
  • FIG. 3 Solar Panel Recycling Value chain analysis
  • FIG. 4 Market Dynamics
  • FIG. 5 Solar Panel Recycling market- Penetration & Growth Prospect Mapping
  • FIG. 6 Porter's Five Forces Analysis
  • FIG. 7 PEST Analysis for Solar Panel Recycling Industry
  • FIG. 8 Regional outlook, 2019 & 2027
  • FIG. 9 Solar Panel Recycling market by Process, 2016 - 2027 (Kilo Tons, USD Million)
  • FIG. 10 Solar Panel Recycling market by Product, 2016 - 2027 (Kilo Tons, USD Million)
  • FIG. 11 Solar Panel Recycling market by Shelf life, 2016 - 2027 (Kilo Tons, USD Million)
  • FIG. 12 Solar Panel Recycling market by Region, 2016 - 2027 (Kilo Tons, USD Million)
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