Product Code: ENE0555
The global Solar Panel Recycling market is projected to grow at a CAGR of 10.4% by 2033.
“The Solar Panel Recycling Market Report 2023-2033”: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Increasing Environmental Awareness and Increasing Solar Panel Waste Will Drive the Market Growth
The solar panel recycling market is expected to grow at a significant rate during the forecast period, mainly due to the increase in demand for solar energy and the need to dispose of end-of-life solar panels in an environmentally friendly manner. The market is driven by government policies and regulations, technological advancements, limited landfills, and environmental concerns. Additionally, financial incentives and a shortage of raw materials are also driving the market.
The major drivers for the growth of the solar panel recycling market are increasing environmental awareness and increasing solar panel waste. On the other hand, high costs and government regulations are restraining the growth of this market. Solar is the fastest growing renewable energy source, and its growth is expected to accelerate further as a result of the Inflation Reduction Act. Previously, however, decommissioned solar panels were mostly disposed of in landfills. Currently, 95% of the value in materials can be recycled; however, solar panel recycling must be scaled up.
Overall, the solar panel recycling market is expected to grow at a significant rate during the forecast period, driven by increasing demand for solar energy, government policies and regulations, technological advancements, and environmental concerns. Companies operating in the market should focus on developing efficient and cost-effective recycling processes to capitalize on the growing market opportunity.
What Questions Should You Ask before Buying a Market Research Report?
- How is the solar panel recycling market evolving?
- What is driving and restraining the solar panel recycling market?
- How will each solar panel recycling submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2033?
- How will the market shares for each solar panel recycling submarket develop from 2023 to 2033?
- What will be the main driver for the overall market from 2023 to 2033?
- Will leading solar panel recycling markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2033 and which geographical region will lead the market in 2033?
- Who are the leading players and what are their prospects over the forecast period?
- What are the solar panel recycling projects for these leading companies?
- How will the industry evolve during the period between 2023 and 2033? What are the implications of solar panel recycling projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the solar panel recycling market?
- Where is the solar panel recycling market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the solar panel recycling market today, and over the next 10 years:
- Our 286-page report provides 132 tables and 152 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them - NOW.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the solar panel recycling market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Forecasts to 2033 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2033, our new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising solar panel recycling prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, ""V" ", "L", "W" and "U" are discussed in this report.
Segments Covered in the Report:
Market Segment by Product
- Silicon Based PV
- Thin Film PV
- Other PV Products
Market Segment by Waste Type
- PV-Infant Failure Waste
- PV-Midlife Failure Waste
- PV-Wear-out Failure Waste
- Other PV Waste Type
Market Segment by Process
- Thermal Process
- Mechanical Process
- Chemical Process
- Hybrid Process
- Laser Process
Market Segment by Material
- PV Glass Material
- PV Plastic Material
- PV Aluminum Material
- PV Silicon Material
- PV Metal Material
- Other Material
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:
North America
Europe
- Germany
- Italy
- France
- UK
- Denmark
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Republic of Korea
- Australia
- Rest of Asia-Pacific
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Latin America
- Brazil
- Mexico
- Rest of Latin America
The report also includes profiles and for some of the leading companies in the Solar Panel Recycling Market, 2023 to 2033, with a focus on this segment of these companies' operations.
Leading companies and the potential for market growth:
- First Solar, Inc.
- Echo Environmental, LLC
- Silcontel Ltd
- Canadian Solar Inc.
- Silrec Corporation
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- SunPower Corporation
- Trina Solar
- Aurubis AG
- Hanwha Group
- Yingli Green Energy Holding Company Limited
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Overall world revenue for Solar Panel Recycling Market, 2023 to 2033 in terms of value the market will surpass US$149.4 million in 2023, our work calculates. We predict strong revenue growth through to 2033. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How will the Solar Panel Recycling Market, 2023 to 2033 report help you?
In summary, our 280+ page report provides you with the following knowledge:
- Revenue forecasts to 2033 for Solar Panel Recycling Market, 2023 to 2033 Market, with forecasts for product, waste type, process, material and company size, each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2033 for four regional and 20 key national markets - See forecasts for the Solar Panel Recycling Market, 2023 to 2033 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Germany, France, UK, Denmark, China, India, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market - including company profiles for 10 of the major companies involved in the Solar Panel Recycling Market, 2023 to 2033.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Our study is for everybody needing commercial analyses for the Solar Panel Recycling Market, 2023 to 2033, market-leading companies. You will find data, trends and predictions.
Table of Contents
1. Report Overview
- 1.1 Objectives of the Study
- 1.2 Introduction to Solar Panel Recycling Market
- 1.3 What This Report Delivers
- 1.4 Why You Should Read This Report
- 1.5 Key Questions Answered by This Analytical Report Include:
- 1.6 Who is This Report For?
- 1.7 Research Methodology
- 1.7.1 Market Definitions
- 1.7.2 Market Evaluation & Forecasting Methodology
- 1.7.3 Data Validation
- 1.8 Frequently Asked Questions (FAQs)
- 1.9 Associated Reports
- 1.10 About
2 Executive Summary
3 Premium Insights
- 3.1 Geographical Snapshot: Global Solar Panel Recycling Market
- 3.2 Products Segment: Market Attractiveness Index
- 3.3 Waste Type Segment: Market Attractiveness Index
- 3.4 Process Segment: Market Attractiveness Index
- 3.5 Material Segment: Market Attractiveness Index
4 Market Overview
- 4.1 Key Findings
- 4.2 Market Dynamics
- 4.2.1 Market Driving Factors
- 4.2.2 Market Restraining Factors
- 4.2.3 Market Opportunities
- 4.3 COVID-19 Impact Analysis
- 4.3.1 V-Shaped Recovery
- 4.3.2 W-Shaped Recovery
- 4.3.3 U-Shaped Recovery
- 4.3.4 L-Shaped Recovery
- 4.4 Porter's Five Forces Analysis
- 4.4.1 Supplier Power
- 4.4.2 Buyer Power
- 4.4.3 Competitive Rivalry
- 4.4.4 Threat from Substitutes
- 4.4.5 Threat of New Entrants
- 4.5 PESTLE Analysis
- 4.5.1 Political Factors
- 4.5.2 Economic Factors
- 4.5.3 Social Factors
- 4.5.4 Technological Factors
- 4.5.5 Legal Factors
- 4.5.6 Environmental Factors
5 Global Solar Panel Recycling Market Analysis by Region
- 5.1 Key Findings
- 5.2 Global Solar Panel Recycling Market Forecast
- 5.3 Global Solar Panel Recycling Market Forecast by Region
- 5.4 Global Solar Panel Recycling Market Forecast by Product
- 5.5 Global Solar Panel Recycling Market Forecast Waste Type
- 5.6 Global Solar Panel Recycling Market Forecast by Process
- 5.7 Global Solar Panel Recycling Market Forecast by Material
6 Global Solar Panel Recycling Market Analysis by Product
- 6.1 Global Solar Panel Recycling Market by Product Forecast
- 6.2 Silicon based PV
- 6.2.1 Global Silicon Based PV Market Forecast
- 6.2.2 Global Silicon Based PV Market Forecast by Region
- 6.3 Thin Film PV
- 6.3.1 Global Thin Film PV Market Forecast
- 6.3.2 Global Thin Film PV Market Forecast by Region
- 6.4 Other PV Products
- 6.4.1 Global Other PV Products Market Forecast
- 6.4.2 Global Other PV Products Market Forecast by Region
7 Global Solar Panel Recycling Market Analysis by Waste Type
- 7.1 Overview
- 7.2 Global Solar Panel Recycling Market by Waste Type Forecast
- 7.3 PV-Infant Failure Waste
- 7.3.1 Global PV-Infant Failure Waste Market Forecast
- 7.3.2 Global PV-Infant Failure Waste Market Forecast by Region
- 7.4 PV-Midlife Failure Waste
- 7.4.1 Global PV-Midlife Failure Waste Market Forecast
- 7.4.2 Global PV-Midlife Failure Waste Market Forecast by Region
- 7.5 PV-Wear-Out Failure Waste
- 7.5.1 Global PV-Wear-out Failure Waste Market Forecast
- 7.5.2 Global PV-Wear-out Failure Waste Market Forecast by Region
- 7.6 Other PV Waste
- 7.6.1 Global Other PV Waste Type Market Forecast
- 7.6.2 Global Other PV Waste Type Market Forecast by Region
8 Global Solar Panel Recycling Market Analysis by Process
- 8.1 Global Solar Panel Recycling Market by Process Forecast
- 8.2 Thermal Process
- 8.2.1 Global Thermal Process Market Forecast
- 8.2.2 Global Thermal Process Market Forecast by Region
- 8.3 Mechanical Process
- 8.3.1 Global Mechanical Process Market Forecast
- 8.3.2 Global Mechanical Process Market Forecast by Region
- 8.4 Chemical Process
- 8.4.1 Global Chemical Process Market Forecast
- 8.4.2 Global Chemical Process Market Forecast by Region
- 8.5 Hybrid Process
- 8.5.1 Global Hybrid Process Market Forecast
- 8.5.2 Global Hybrid Process Market Forecast by Region
- 8.6 Laser Process
- 8.6.1 Global Laser Process Market Forecast
- 8.6.2 Global Laser Process Market Forecast by Region
9 Global Solar Panel Recycling Market Analysis by Material
- 9.1 Global Solar Panel Recycling Market by Material Forecast
- 9.2 PV Glass Material
- 9.2.1 Global PV Glass Material Market Forecast
- 9.2.2 Global PV Glass Material Market Forecast by Region
- 9.3 PV Plastic Material
- 9.3.1 Global PV Plastic Material Market Forecast
- 9.3.2 Global PV Plastic Material Market Forecast by Region
- 9.4 PV Aluminium Material
- 9.4.1 Global PV Aluminium Material Market Forecast
- 9.4.2 Global PV Aluminium Material Market Forecast by Region
- 9.5 PV Silicon Material
- 9.5.1 Global PV Silicon Material Market Forecast
- 9.5.2 Global PV Silicon Material Market Forecast by Region
- 9.6 PV Metal Material
- 9.6.1 Global PV Metal Material Market Forecast
- 9.6.2 Global PV Metal Material Market Forecast by Region
- 9.7 Other Material
- 9.7.1 Global PV Metal Material Market Forecast
- 9.7.2 Global PV Metal Material Market Forecast by Region
10 North America Solar Panel Recycling Market Analysis
- 10.1 In the United States, Solar Panel Recycling Is Not a Major Issue
- 10.2 Solar Panels Are Classified as Hazardous Waste in Most Parts of the United States
- 10.3 North America Solar Panel Recycling Market Attractiveness Index
- 10.4 North America Solar Panel Recycling Market by Value
- 10.5 North America Solar Panel Recycling Market by Country
- 10.6 North America Solar Panel Recycling Market by Product
- 10.7 North America Solar Panel Recycling Market by Waste Type
- 10.8 North America Solar Panel Recycling Market by Process
- 10.9 North America Solar Panel Recycling Market by Material
- 10.10 US Market
- 10.10.1 Silicon Ranch Has Received $600 Million in New Equity Investments
- 10.10.2 The Power Sector Is Looking for Solutions to Supply Chain Issues
- 10.10.3 US Solar Panel Recycling Market by Value
- 10.11 Canada Market
- 10.11.1 International Patents for a Reduced-Silver Manufacturing Process Have Been Obtained by Solar Inventions
- 10.11.2 NEO Battery Materials Signs Memorandum of Understanding with Solar & Semiconductor Silicon Producer
- 10.11.3 Canada Solar Panel Recycling Market by Value
11 Europe Solar Panel Recycling Market Analysis
- 11.1 Only the European Union (EU) has PV-specific Waste Regulations in Place at the Moment
- 11.2 The Foldable Solar Panel by Levante: The Ideal Companion for Outdoor Adventures
- 11.3 Europe Solar Panel Recycling Market Attractiveness Index
- 11.4 Europe Solar Panel Recycling Market by Value
- 11.5 Europe Solar Panel Recycling Market by Country
- 11.6 Europe Solar Panel Recycling Market by Product
- 11.7 Europe Solar Panel Recycling Market by Waste Type
- 11.8 Europe Solar Panel Recycling Market by Process
- 11.9 Europe Solar Panel Recycling Market by Material
- 11.10 Germany Market
- 11.10.1 German Experts Are Getting Closer to a Solution for Silicon PV Recycling
- 11.10.2 Germany's Solar Power Industry Is Concerned About Its Reliance on Chinese Suppliers
- 11.10.3 Germany Solar Panel Recycling Market by Value
- 11.11 Italy Market
- 11.11.1 New Findings May Pave The Way For Mass-Market Perovskite Solar Cells
- 11.11.2 New Industrial Plant Concept for Recycling Used PV Panels
- 11.11.3 Italy Solar Panel Recycling Market by Value
- 11.12 France Market
- 11.12.1 A French Consortium Has Opened a Solar Module Recycling Facility
- 11.12.2 In France, Over 5,000 Tons of Modules Were Collected for Recycling
- 11.12.3 France Solar Panel Recycling Market by Value
- 11.13 UK Market
- 11.13.1 Researchers Have Created a Solar-Powered Waste-To-Fuel System
- 11.13.2 Lucas Bertucci, A Senior from the United Kingdom, Is Plotting a Green Revolution One Recycled Metal Scrap at a Time
- 11.13.3 UK Solar Panel Recycling Market by Value
- 11.14 Denmark Market
- 11.14.1 Turbine Repowering and Recycling
- 11.14.2 Denmark Solar Panel Recycling Market by Value
- 11.15 Rest of Europe Market
- 11.15.1 Solar Panels Made from Biomaterials
- 11.15.2 Germany Promotes Solar with Tax Breaks and a "Crisis Tender" for PV
- 11.15.3 Rest of Europe Solar Panel Recycling Market by Value
12 Asia Pacific Solar Panel Recycling Market Analysis
- 12.1 In the Next Two Years, Singapore Could Generate 5,000 Tonnes of Solar Panel Waste
- 12.2 TUV Certification for ITRI and URE's Solar Panel Module
- 12.3 Asia Pacific Solar Panel Recycling Market Attractiveness Index
- 12.4 Asia Pacific Solar Panel Recycling Market by Value
- 12.5 Asia Pacific Solar Panel Recycling Market by Country
- 12.6 Asia Pacific Solar Panel Recycling Market by Product
- 12.7 Asia Pacific Solar Panel Recycling Market by Waste Type
- 12.8 Asia Pacific Solar Panel Recycling Market by Process
- 12.9 Asia Pacific Solar Panel Recycling Market by Material
- 12.10 China Market
- 12.10.1 China's Major Energy Companies Have Pledged P760 Billion to the Philippines' Renewable Energy Push
- 12.10.2 China Will Increase Solar Panel Recycling as Scrappage Increases Beginning In 2025
- 12.10.3 China Solar Panel Recycling Market by Value
- 12.11 India Market
- 12.11.1 The Idea of IISc Researchers Could Transform India's Discarded Solar Panels into Sustainable Homes
- 12.11.2 How the Budget Can Assist India in Developing a Circular Economy Based on Renewables
- 12.11.3 India Solar Panel Recycling Market by Value
- 12.12 Japan Market
- 12.12.1 Itochu Will Begin Recycling Solar Modules
- 12.12.2 The Floating Solar Farm in Japan Will Store Energy and Ship It Back to Shore Via Drones
- 12.12.3 Japan Solar Panel Recycling Market by Value
- 12.13 Republic of Korea Market
- 12.13.1 South Korea Launches a Long-Awaited Solar Panel Recycling Program
- 12.13.2 The Recycling Process Promises to Be "Better Than New." Semiconductor Wafers
- 12.13.3 Republic of Korea Solar Panel Recycling Market by Value
- 12.14 Australia Market
- 12.14.1 Victoria Contributes $10 Million to Address the Problem of Solar Panel Waste
- 12.14.2 Australian Researchers Discover a Low-Cost Method of Recycling Solar Panels
- 12.14.3 Australia Solar Panel Recycling Market by Value
- 12.15 Rest of Asia Pacific Market
- 12.15.1 A Taiwanese Consortium Has Created A Solar Module That Is Easily Recyclable
- 12.15.2 The Improved Cells and Panels Can Be Easily Manufactured on Existing PV Factory Lines, With No New Equipment or Materials Required
- 12.15.3 Rest of Asia Pacific Solar Panel Recycling Market by Value
13 Middle East & Africa Solar Panel Recycling Market Analysis
- 13.1 A Research Agenda for Off-Grid Solar E-Waste Repair in the Global South
- 13.2 TotalEnergies Raises the Bar in Saudi Arabia With its Renewable Ambition
- 13.3 Middle East & Africa Solar Panel Recycling Market Attractiveness Index
- 13.4 Middle East & Africa Solar Panel Recycling Market by Value
- 13.5 Middle East & Africa Solar Panel Recycling Market by Country
- 13.6 Middle East & Africa Solar Panel Recycling Market by Product
- 13.7 Middle East & Africa Solar Panel Recycling Market by Waste Type
- 13.8 Middle East & Africa Solar Panel Recycling Market by Process
- 13.9 Middle East & Africa Solar Panel Recycling Market by Material
- 13.10 GCC
- 13.10.1 SADAFCO, a Saudi Company, Is Planning a Solar Power Project for Its Warehouse In Jeddah
- 13.10.2 SolarizEgypt Invested $5.12 Million In Orascom Development's El Gouna Solar Power Plant
- 13.10.3 GCC Solar Panel Recycling Market by Value
- 13.11 South Africa Market
- 13.11.1 Unwanted Australian Solar Panels Are Powering African Communities
- 13.11.2 The Rate of Solar Recycling Is Increasing
- 13.11.3 South Africa Solar Panel Recycling Market by Value
- 13.12 Rest of Middle East & Africa Market
- 13.12.1 More Diverse Solar Panel Supply Chains Are Required to Ensure a Safe Transition to Net Zero Emissions
- 13.12.2 Solar Panels' Lifespan
- 13.12.3 Rest of Middle East & Africa Solar Panel Recycling Market by Value
14 Latin America Solar Panel Recycling Market Analysis
- 14.1 Obtaining Raw Materials
- 14.2 The System is Stressed Due to the Pandemic and Other Factors
- 14.3 Latin America Solar Panel Recycling Market Attractiveness Index
- 14.4 Latin America Solar Panel Recycling Market by Value
- 14.5 Latin America Solar Panel Recycling Market by Country
- 14.6 Latin America Solar Panel Recycling Market by Product
- 14.7 Latin America Solar Panel Recycling Market by Waste Type
- 14.8 Latin America Solar Panel Recycling Market by Process
- 14.9 Latin America Solar Panel Recycling Market by Material
- 14.10 Brazil Market
- 14.10.1 Brazil's Sustainable Finance Law Review
- 14.10.2 Gerdau, a Brazilian Renewable Energy Company, Is Upping Its Game
- 14.10.3 Brazil Solar Panel Recycling Market by Value
- 14.11 Mexico Market
- 14.11.1 Maxeon Collaborated With Reclaim PV to Divert Solar Panels From Landfill In Australia
- 14.11.2 Mexico Solar Panel Recycling Market by Value
- 14.12 Rest of Latin America Market
- 14.12.1 Workforce Difficulties
- 14.12.2 Rest of Latin America Solar Panel Recycling Market by Value
15 Competitive Landscape
- 15.1 Company Share Analysis
- 15.2 Key Business Strategy Analysis
16 Company Profiles
- 16.1 First Solar, Inc.
- 16.1.1 Company Snapshot
- 16.1.2 Company Overview
- 16.1.3 Financial Analysis
- 16.1.4 Product Benchmarking
- 16.1.5 Strategic Outlook
- 16.2 Echo Environmental, LLC
- 16.2.1 Company Snapshot
- 16.2.2 Company Overview
- 16.2.3 Product Benchmarking
- 16.2.4 Strategic Outlook
- 16.3 Silcontel Ltd
- 16.3.1 Company Snapshot
- 16.3.2 Company Overview
- 16.3.3 Product Benchmarking
- 16.4 Canadian Solar Inc.
- 16.4.1 Company Snapshot
- 16.4.2 Company Overview
- 16.4.3 Financial Analysis
- 16.4.4 Product Benchmarking
- 16.4.5 Strategic Outlook
- 16.5 Silrec Corporation.
- 16.5.1 Company Snapshot
- 16.5.2 Company Overview
- 16.5.3 Product Benchmarking
- 16.6 SunPower Corporation
- 16.6.1 Company Snapshot
- 16.6.2 Company Overview
- 16.6.3 Financial Analysis
- 16.6.4 Product Benchmarking
- 16.6.5 Strategic Outlook
- 16.7 Trina Solar
- 16.7.1 Company Snapshot
- 16.7.2 Company Overview
- 16.7.3 Product Benchmarking
- 16.7.4 Strategic Outlook
- 16.8 Aurubis AG
- 16.8.1 Company Snapshot
- 16.8.2 Company Overview
- 16.8.3 Product Benchmarking
- 16.8.4 Strategic Outlook
- 16.9 Hanwha Group
- 16.9.1 Company Snapshot
- 16.9.2 Company Overview
- 16.9.3 Product Benchmarking
- 16.9.4 Strategic Outlook
- 16.10 Yingli Green Energy Holding Company Limited
- 16.10.1 Company Snapshot
- 16.10.2 Company Overview
- 16.10.3 Product Benchmarking
- 16.10.4 Strategic Outlook
17 Conclusion and Recommendations
- 17.1 Concluding Remarks from
- 17.2 Recommendations for Market Players
- 17.2.1 Develop A Comprehensive Recycling Program
- 17.2.2 Partner with Specialized Recycling Companies
- 17.2.3 Implement a Take-Back Program
- 17.2.4 Invest in Research and Development
- 17.2.5 Promote Recycling Awareness
- 17.2.6 Follow Regulations and Industry Standards