Global Solar Panel Recycling Market Forecast 2023-2032

The global solar panel recycling market is projected to rise with a CAGR of 12.82% during the forecast years of 2023-2032. Key factors propelling the global market's growth include government regulations for the safe disposal of solar panels, the increase in installations of solar panels, the economic benefits associated with recycling, as well as ecological issues linked to solar e-waste.

MARKET INSIGHTS

As solar panels usually have a lifespan of 25-30 years, a considerable number of aging panels are becoming eligible for recycling. This growing pool of recyclable materials aligns with the increasing prominence of solar power as a rapidly expanding clean energy source, resulting in the flourishing solar panel recycling market. Furthermore, the global adoption of solar energy is on the rise due to decreasing solar panel prices and favorable government policies promoting cleaner, affordable, and reliable energy sources.

In this regard, the International Renewable Energy Agency (IRENA) predicts that the accumulated global photovoltaic panel waste will reach 60 to 70 million metric tons by 2050. This surge in waste volume is expected to drive the demand for solar panel recycling facilities and solutions worldwide. Various regulatory authorities and government bodies, including the European Waste Electrical and Electronic Equipment (WEEE), have implemented guidelines to efficiently manage solar panel waste and encourage eco-friendly initiatives. Hence, government regulations for the safe disposal of solar panels are expected to play an essential role in augmenting the global solar panel recycling market growth.

REGIONAL INSIGHTS

The global solar panel recycling market growth analysis entails the study of North America, Europe, the Asia-Pacific, and Rest of World. Europe is expected to dominate the global market during the projection period. The market growth of the region is accredited to the region's large base of solar PV installed capacity as well as the presence of strong government policies and regulations.

COMPETITIVE INSIGHTS

The global market is projected to exhibit moderately low competition over the forecast period. Some of the major players operating in the global solar panel recycling market include Canadian Solar Inc, Yingli Energy Co, First Solar Inc, etc.

Our report offerings include:

Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 73299

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
2.5. MAJOR MARKET FINDINGS
- 2.5.1. ADVANCEMENTS IN RECYCLING TECHNOLOGIES
- 2.5.2. SOLAR INDUSTRY IS MOVING TOWARDS A MORE CIRCULAR ECONOMY MODEL
- 2.5.3. RISING VOLUME OF END-OF-LIFE SOLAR PANELS

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. GOVERNMENT REGULATIONS FOR SAFE DISPOSAL OF SOLAR PANELS
- 3.1.2. ENVIRONMENTAL ISSUES LINKED TO SOLAR E-WASTE
- 3.1.3. ECONOMIC BENEFITS ASSOCIATED WITH RECYCLING
- 3.1.4. INCREASING INSTALLATIONS OF SOLAR PANELS
3.2. KEY RESTRAINTS
- 3.2.1. LACK OF INFRASTRUCTURE FOR SOLAR PANEL RECYCLING

4. KEY ANALYTICS

4.1. PARENT MARKET ANALYSIS: E-WASTE MANAGEMENT MARKET
4.2. KEY TECHNOLOGY TRENDS
4.3. PORTER'S FIVE FORCES ANALYSIS
- 4.3.1. BUYERS POWER
- 4.3.2. SUPPLIERS POWER
- 4.3.3. SUBSTITUTION
- 4.3.4. NEW ENTRANTS
- 4.3.5. INDUSTRY RIVALRY
4.4. GROWTH PROSPECT MAPPING
4.5. MARKET MATURITY ANALYSIS
4.6. MARKET CONCENTRATION ANALYSIS
4.7. VALUE CHAIN ANALYSIS
- 4.7.1. COLLECTION AND TRANSPORTATION
- 4.7.2. SORTING
- 4.7.3. DISMANTLING/SHREDDING
- 4.7.4. MATERIAL RECOVERY
- 4.7.5. REFINING
- 4.7.6. MANUFACTURING AND REUSE
- 4.7.7. REFINING

5. MARKET BY PROCESS

5.1. THERMAL
5.2. MECHANICAL
5.3. CHEMICAL
5.4. LASER

6. MARKET BY TYPE

6.1. SILICON-BASED (C-SI)
6.2. THIN-FILM
6.3. OTHER TYPES

7. MARKET BY SHELF LIFE

7.1. EARLY LOSS
7.2. NORMAL LOSS

8. GEOGRAPHICAL ANALYSIS

8.1. NORTH AMERICA
- 8.1.1. MARKET SIZE & ESTIMATES
- 8.1.2. NORTH AMERICA SOLAR PANEL RECYCLING MARKET DRIVERS
- 8.1.3. NORTH AMERICA SOLAR PANEL RECYCLING MARKET CHALLENGES
- 8.1.4. NORTH AMERICA SOLAR PANEL RECYCLING MARKET REGULATORY FRAMEWORK
- 8.1.5. KEY PLAYERS IN NORTH AMERICA SOLAR PANEL RECYCLING MARKET
- 8.1.6. COUNTRY ANALYSIS
  - 8.1.6.1. UNITED STATES
  - 8.1.6.1.1. UNITED STATES SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
  - 8.1.6.2. CANADA
  - 8.1.6.2.1. CANADA SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
8.2. EUROPE
- 8.2.1. MARKET SIZE & ESTIMATES
- 8.2.2. EUROPE SOLAR PANEL RECYCLING MARKET DRIVERS
- 8.2.3. EUROPE SOLAR PANEL RECYCLING MARKET CHALLENGES
- 8.2.4. EUROPE SOLAR PANEL RECYCLING MARKET REGULATORY FRAMEWORK
- 8.2.5. KEY PLAYERS IN EUROPE SOLAR PANEL RECYCLING MARKET
- 8.2.6. COUNTRY ANALYSIS
  - 8.2.6.1. UNITED KINGDOM
  - 8.2.6.1.1. UNITED KINGDOM SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
  - 8.2.6.2. GERMANY
  - 8.2.6.2.1. GERMANY SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
  - 8.2.6.3. FRANCE
  - 8.2.6.3.1. FRANCE SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
  - 8.2.6.4. ITALY
  - 8.2.6.4.1. ITALY SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
  - 8.2.6.5. SPAIN
  - 8.2.6.5.1. SPAIN SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
  - 8.2.6.6. NETHERLANDS
  - 8.2.6.6.1. NETHERLANDS SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
  - 8.2.6.7. REST OF EUROPE
  - 8.2.6.7.1. REST OF EUROPE SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
8.3. ASIA-PACIFIC
- 8.3.1. MARKET ESTIMATES & SIZES
- 8.3.2. ASIA-PACIFIC SOLAR PANEL RECYCLING MARKET DRIVERS
- 8.3.3. ASIA-PACIFIC SOLAR PANEL RECYCLING MARKET CHALLENGES
- 8.3.4. ASIA-PACIFIC SOLAR PANEL RECYCLING MARKET REGULATORY FRAMEWORK
- 8.3.5. KEY PLAYERS IN ASIA-PACIFIC SOLAR PANEL RECYCLING MARKET
- 8.3.6. COUNTRY ANALYSIS
  - 8.3.6.1. CHINA
  - 8.3.6.1.1. CHINA SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
  - 8.3.6.2. JAPAN
  - 8.3.6.2.1. JAPAN SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
  - 8.3.6.3. INDIA
  - 8.3.6.3.1. INDIA SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
  - 8.3.6.4. SOUTH KOREA
  - 8.3.6.4.1. SOUTH KOREA SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
  - 8.3.6.5. TAIWAN
  - 8.3.6.5.1. TAIWAN SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
  - 8.3.6.6. VIETNAM
  - 8.3.6.6.1. VIETNAM SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
  - 8.3.6.7. AUSTRALIA & NEW ZEALAND
  - 8.3.6.7.1. AUSTRALIA & NEW ZEALAND SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
  - 8.3.6.8. REST OF ASIA-PACIFIC
  - 8.3.6.8.1. REST OF ASIA-PACIFIC SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
8.4. REST OF WORLD
- 8.4.1. MARKET ESTIMATES & SIZES
- 8.4.2. REST OF WORLD SOLAR PANEL RECYCLING MARKET DRIVERS
- 8.4.3. REST OF WORLD SOLAR PANEL RECYCLING MARKET CHALLENGES
- 8.4.4. REST OF WORLD SOLAR PANEL RECYCLING MARKET REGULATORY FRAMEWORK
- 8.4.5. KEY PLAYERS IN REST OF WORLD SOLAR PANEL RECYCLING MARKET
- 8.4.6. REGIONAL ANALYSIS
  - 8.4.6.1. LATIN AMERICA
  - 8.4.6.1.1. LATIN AMERICA SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES
  - 8.4.6.2. MIDDLE EAST & AFRICA
  - 8.4.6.2.1. MIDDLE EAST & AFRICA SOLAR PANEL RECYCLING MARKET SIZE & OPPORTUNITIES

9. COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. MERGERS & ACQUISITIONS
- 9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 9.1.3. PARTNERSHIPS & AGREEMENTS
- 9.1.4. BUSINESS EXPANSIONS & DIVESTITURES
9.2. COMPANY PROFILES
- 9.2.1. AURUBIS AG
  - 9.2.1.1. COMPANY OVERVIEW
  - 9.2.1.2. PRODUCTS / SERVICES LIST
  - 9.2.1.3. STRENGTHS & CHALLENGES
- 9.2.2. CANADIAN SOLAR INC
  - 9.2.2.1. COMPANY OVERVIEW
  - 9.2.2.2. PRODUCTS / SERVICES LIST
  - 9.2.2.3. STRENGTHS & CHALLENGES
- 9.2.3. ECS REFINING
  - 9.2.3.1. COMPANY OVERVIEW
  - 9.2.3.2. PRODUCTS / SERVICES LIST
  - 9.2.3.3. STRENGTHS & CHALLENGES
- 9.2.4. ENVELA CORPORATION
  - 9.2.4.1. COMPANY OVERVIEW
  - 9.2.4.2. PRODUCTS / SERVICES LIST
  - 9.2.4.3. STRENGTHS & CHALLENGES
- 9.2.5. FIRST SOLAR INC
  - 9.2.5.1. COMPANY OVERVIEW
  - 9.2.5.2. PRODUCTS / SERVICES LIST
  - 9.2.5.3. STRENGTHS & CHALLENGES
- 9.2.6. HANWHA GROUP
  - 9.2.6.1. COMPANY OVERVIEW
  - 9.2.6.2. PRODUCTS / SERVICES LIST
  - 9.2.6.3. STRENGTHS & CHALLENGES
- 9.2.7. JA SOLAR CO LTD
  - 9.2.7.1. COMPANY OVERVIEW
  - 9.2.7.2. PRODUCTS / SERVICES LIST
  - 9.2.7.3. STRENGTHS & CHALLENGES
- 9.2.8. REILING GROUP
  - 9.2.8.1. COMPANY OVERVIEW
  - 9.2.8.2. PRODUCTS / SERVICES LIST
  - 9.2.8.3. STRENGTHS & CHALLENGES
- 9.2.9. RINOVASOL GROUP
  - 9.2.9.1. COMPANY OVERVIEW
  - 9.2.9.2. PRODUCTS / SERVICES LIST
  - 9.2.9.3. STRENGTHS & CHALLENGES
- 9.2.10. SHARP CORPORATION
  - 9.2.10.1. COMPANY OVERVIEW
  - 9.2.10.2. PRODUCTS / SERVICES LIST
  - 9.2.10.3. STRENGTHS & CHALLENGES
- 9.2.11. SIC PROCESSING GMBH
  - 9.2.11.1. COMPANY OVERVIEW
  - 9.2.11.2. PRODUCTS / SERVICES LIST
  - 9.2.11.3. STRENGTHS & CHALLENGES
- 9.2.12. SILCONTEL LTD
  - 9.2.12.1. COMPANY OVERVIEW
  - 9.2.12.2. PRODUCTS / SERVICES LIST
  - 9.2.12.3. STRENGTHS & CHALLENGES
- 9.2.13. SILREC CORPORATION
  - 9.2.13.1. COMPANY OVERVIEW
  - 9.2.13.2. PRODUCTS / SERVICES LIST
  - 9.2.13.3. STRENGTHS & CHALLENGES
- 9.2.14. TRINA SOLAR
  - 9.2.14.1. COMPANY OVERVIEW
  - 9.2.14.2. PRODUCTS / SERVICES LIST
  - 9.2.14.3. STRENGTHS & CHALLENGES
- 9.2.15. YINGLI ENERGY CO
  - 9.2.15.1. COMPANY OVERVIEW
  - 9.2.15.2. PRODUCTS / SERVICES LIST
  - 9.2.15.3. STRENGTHS & CHALLENGES