Solar Panel Recycling Market Research Report - Forecast to 2030

Solar Panel Recycling Market Segmented by Type (Silicon, Monocrystalline, Polycrystalline), Process (Thermal, Mechanical, Laser) and Region - Global Forecast Till 2030

ID: MRFR/E&P/5238-HCR | February 2021 | Region: Global | 185 pages

Impact of the Covid-19 Outbreak on the Solar Panel Recycling Market
Solar Panel Recycling Market


Source: Primary Experts, Secondary Sources, and MRFR Analysis


The Solar panel recycling market has been negatively impacted in recent months owing to the lockdowns imposed in the majority of the countries. These lockdowns have resulted in temporarily halting manufacturing and recycling plants since the pandemic outbreak in December 2019. Also, several countries have witnessed curfews like situations where businesses, except essential services, were not permitted to operate. This has also impacted the demand for solar panels and their recycling. However, several countries have started easing the lockdowns aiming at restoring the economic conditions in the country. As a result, the demand for solar panels is anticipated to recover in the coming months. The strong value maintained by the renewable energy sector, coupled with rising investments in solar power generation is likely to catalyze the expansion of the solar panel recycling market over the assessment period. Investments are prognosticated to flow towards cutting-edge solar technologies, which is anticipated to create growth opportunities for the market players. Additionally, the thriving rate of PV installations has resulted in rising volumes of decommissioned PV panels. This, in turn, is projected to expedite the growth of the solar panel recycling market in the foreseeable future.


FIGURE: GLOBAL INVESTMENT IN SOLAR PV (USD BILLION)


Source: International Energy Agency (IEA)


The demand for solar panels is significantly increasing owing to the support extended by the governments for the reduction of the carbon footprint through large-scale solar power generation. This is expected to positively influence the expansion of the market over the next couple of years. Governments across the world are focusing on the implementation of lenient regulatory policies to encourage investments towards renewable sources of energy, which will further boost the growth of the solar panels recycling market. Furthermore, the developing economies hold high potential for emerging as major country-level markets in the forthcoming years. Nevertheless, the high cost of energy storage is likely to hinder the growth of the solar panel recycling market over the assessment period.

Table of Contents

1 Executive Summary

2 Market Introduction

2.1 Definition

2.2 Scope of the Study

2.3 Market Structure

2.4 Key Takeaways

2.5 Key Buying Criteria

3 Market Insights

4 Research Methodology

4.1 Research Process

4.2 Primary Research

4.3 Secondary Research

4.4 Market Size Estimation

4.5 Forecast Model

4.6 List of Assumptions

5 Market Dynamics

5.1 Introduction

5.2 Drivers

5.2.1 Increasing volume of decommissioned PV panels

5.2.2 Huge untapped potential recycle increasing volumes

5.3 Restraints

5.3.1 Expensive energy storage

5.3.2 Restraints Impact Analysis

5.4 Opportunities

5.4.1 Increasing investment in renewable energy sources

5.4. 2 Increase in solar Advance Technology

5.5 Supply Chain Analysis

5.6 Porter’s Five Forces Model

5.6.1 Threat of New Entrants

5.6.2 Bargaining Power of Suppliers

5.6.3 Bargaining Power of Buyers

5.6.4 Threat of Substitutes

5.6.5 Intensity of Rivalry

6 Global Solar Panel Recycling Market, By Type

6.1 Overview

6.1.1 Silicon Solar Panels

6.1.1.1 Market Estimates & Forecast, 2020-2027

6.1.1.2 Market Estimates & Forecast By Region/Country, 2020-2027

6.1.2 Monocrystalline Solar Panels

6.1.2.1 Market Estimates & Forecast, 2020-2027

6.1.2.2 Market Estimates & Forecast By Region/Country, 2020-2027

6.1.3 Polycrystalline Solar Panels

6.1.3.1 Market Estimates & Forecast, 2020-2027

6.1.3.2 Market Estimates & Forecast By Region/Country, 2020-2027

6.1.4 Thin-Film Solar Panels

6.1.4.1 Market Estimates & Forecast, 2020-2027

6.1.4.2 Market Estimates & Forecast By Region/Country, 2020-2027

7 Global Solar Panel Recycling Market, By Process

7.1 Overview

7.1.1 Thermal

7.1.1.1 Market Estimates & Forecast, 2020-2027

7.1.1.2 Market Estimates & Forecast By Region/Country, 2020-2027

7.1.2 Mechanical

7.1.2.1 Market Estimates & Forecast, 2020-2027

7.1.2.2 Market Estimates & Forecast By Region/Country, 2020-2027

7.1.3 Laser

7.1.3.1 Market Estimates & Forecast, 2020-2027

7.1.3.2 Market Estimates & Forecast By Region/Country, 2020-2027

8 Global Solar Panel Recycling Market, By Shelf Life

8.1.1 Normal loss

8.1.1.1 Market Estimates & Forecast, 2020-2027

8.1.1.2 Market Estimates & Forecast By Region/Country, 2020-2027

8.1.2 Early loss

8.1.2.1 Market Estimates & Forecast, 2020-2027

8.1.2.2 Market Estimates & Forecast By Region/Country, 2020-2027

9 Global Solar Panel Recycling Market, By Region

9.1 Overview

9.2 North America

9.2.1 Market Estimates & Forecast, By Country, 2020-2027

9.2.2 Market Estimates & Forecast, By Type, 2020-2027

9.2.3 Market Estimates & Forecast, By Process, 2020-2027

9.2.4 Market Estimates & Forecast, By Shelf Life, 2020-2027

9.2.5 Market Estimates & Forecast, By End Use Industry, 2020-2027

9.2.6 US

9.2.6.1 Market Estimates & Forecast, By Type, 2020-2027

9.2.6.2 Market Estimates & Forecast, By Process, 2020-2027

9.2.6.3 Market Estimates & Forecast, By Shelf Life, 2020-2027

9.2.6.4 Market Estimates & Forecast, By End Use Industry, 2020-2027

9.2.7 Canada

9.2.7.1 Market Estimates & Forecast, By Type, 2020-2027

9.2.7.2 Market Estimates & Forecast, By Process, 2020-2027

9.2.7.3 Market Estimates & Forecast, By Shelf Life, 2020-2027

9.2.7.4 Market Estimates & Forecast, By End Use Industry, 2020-2027

9.2.8 Mexico

9.2.8.1 Market Estimates & Forecast, By Type, 2020-2027

9.2.8.2 Market Estimates & Forecast, By Process, 2020-2027

9.2.8.3 Market Estimates & Forecast, By Shelf Life, 2020-2027

9.2.8.4 Market Estimates & Forecast, By End Use Industry, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, By Country, 2020-2027

9.3.2 Market Estimates & Forecast, By Type, 2020-2027

9.3.3 Market Estimates & Forecast, By Process, 2020-2027

9.3.4 Market Estimates & Forecast, By End Use Industry, 2020-2027

9.3.5 UK

9.3.5.1 Market Estimates & Forecast, By Type, 2020-2027

9.3.5.2 Market Estimates & Forecast, By Process, 2020-2027

9.3.5.3 Market Estimates & Forecast, By Shelf Life, 2020-2027

9.3.5.4 Market Estimates & Forecast, By End Use Industry, 2020-2027

9.3.6 France

9.3.6.1 Market Estimates & Forecast, By Type, 2020-2027

9.3.6.2 Market Estimates & Forecast, By Process, 2020-2027

9.3.6.3 Market Estimates & Forecast, By Shelf Life, 2020-2027

9.3.6.4 Market Estimates & Forecast, By End Use Industry, 2020-2027

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, By Type, 2020-2027

9.3.7.2 Market Estimates & Forecast, By Process, 2020-2027

9.3.7.3 Market Estimates & Forecast, By Shelf Life, 2020-2027

9.3.7.4 Market Estimates & Forecast, By End Use Industry, 2020-2027

9.3.8 Rest of Europe

9.3.8.1 Market Estimates & Forecast, By Type, 2020-2027

9.3.8.2 Market Estimates & Forecast, By Process, 2020-2027

9.3.8.3 Market Estimates & Forecast, By Shelf Life, 2020-2027

9.3.8.4 Market Estimates & Forecast, By End Use Industry, 2020-2027

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, By Country, 2020-2027

9.4.2 Market Estimates & Forecast, By Type, 2020-2027

9.4.3 Market Estimates & Forecast, By Process, 2020-2027

9.4.4 Market Estimates & Forecast, By End Use Industry, 2020-2027

9.4.5 China

9.4.5.1 Market Estimates & Forecast, By Type, 2020-2027

9.4.5.2 Market Estimates & Forecast, By Process, 2020-2027

9.4.5.3 Market Estimates & Forecast, By Shelf Life, 2020-2027

9.4.5.4 Market Estimates & Forecast, By End Use Industry, 2020-2027

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, By Type, 2020-2027

9.4.6.2 Market Estimates & Forecast, By Process, 2020-2027

9.4.6.3 Market Estimates & Forecast, By Shelf Life, 2020-2027

9.4.6.4 Market Estimates & Forecast, By End Use Industry, 2020-2027

9.4.7 India

9.4.7.1 Market Estimates & Forecast, By Type, 2020-2027

9.4.7.2 Market Estimates & Forecast, By Process, 2020-2027

9.4.7.3 Market Estimates & Forecast, By Shelf Life, 2020-2027

9.4.7.4 Market Estimates & Forecast, By End Use Industry, 2020-2027

9.4.8 Rest of Asia Pacific

9.4.8.1 Market Estimates & Forecast, By Type, 2020-2027

9.4.8.2 Market Estimates & Forecast, By Process, 2020-2027

9.4.8.3 Market Estimates & Forecast, By Shelf Life, 2020-2027

9.4.8.4 Market Estimates & Forecast, By End Use Industry, 2020-2027

9.5 Rest of the World

9.5.1 Market Estimates & Forecast, By Country, 2020-2027

9.5.2 Market Estimates & Forecast, By Type, 2020-2027

9.5.3 Market Estimates & Forecast, By Process, 2020-2027

9.5.4 Market Estimates & Forecast, By End Use Industry, 2020-2027

11 Competitive Landscape

11.1 Competitive Scenario

11.1.1 Competitive Overview of the Global Solar Panel Recycling Market

11.1.2 Competitive Benchmarking of the Global Solar Panel Recycling Market

11.1.3 Market Share Analysis: Global Solar Panel Recycling Manufacturers

11.1.5 New Product Development

11.1.6 Merger & Acquisition in Global Solar Panel Recycling Market

11.1.7 Partnership/Collaboration

11.1.8 Joint Ventures

12 Company Profiles

12.1 Yingli Energy Co

12.1.1 Company Overview

12.1.2 Financial Overview

12.1.3 Type Offerings

12.1.4 Key Developments

12.1.5 SWOT Analysis

12.1.6 Key Strategy

12.2 Silcontel

12.2.1 Company Overview

12.2.2 Financial Overview

12.2.3 Type Offerings

12.2.4 Key Developments

12.2.5 SWOT Analysis

12.2.6 Key Strategy

12.3 Reclaim PV Recycling

12.3.1 Company Overview

12.3.2 Financial Overview

12.3.3 Type Offerings

12.3.4 Key Developments

12.3.5 SWOT Analysis

12.3.6 Key Strategy

12.4 Zorlu Holding

12.4.1 Company Overview

12.4.2 Financial Overview

12.4.3 Type Offerings

12.4.4 Key Developments

12.4.5 SWOT Analysis

12.4.6 Key Strategy

12.5 First Solar

12.5.1 Company Overview

12.5.2 Financial Overview

12.5.3 Type Offerings

12.5.4 Key Developments

12.5.5 SWOT Analysis

12.5.6 Key Strategy

12.6 Canadian Solar Inc

12.6.1 Company Overview

12.6.2 Financial Overview

12.6.3 Type Offerings

12.6.4 Key Developments

12.6.5 SWOT Analysis

12.6.6 Key Strategy

12.7 Rinovasol Group

12.7.1 Company Overview

12.7.2 Financial Overview

12.7.3 Type Offerings

12.7.4 Key Developments

12.7.5 SWOT Analysis

12.7.6 Key Strategy

12.8 Reiling GmbH & Co

12.8.1 Company Overview

12.8.2 Financial Overview

12.8.3 Type Offerings

12.8.4 Key Developments

12.8.5 SWOT Analysis

12.8.6 Key Strategy

12.9 ECS Refining LLC

12.9.1 Company Overview

12.9.2 Financial Overview

12.9.3 Type Offerings

12.9.4 Key Developments

12.9.5 SWOT Analysis

12.9.6 Key Strategy

12.10 Silrec Corporation

12.10.1 Company Overview

12.10.2 Financial Overview

12.10.3 Type Offerings

12.10.4 Key Developments

12.10.5 SWOT Analysis

12.10.6 Key Strategy

LIST OF TABLES

TABLE 1 MARKET SYNOPSIS

TABLE 2 LIST OF ASSUMPTIONS

TABLE 3 EUROPE AIR QUALITY STANDARDS

TABLE 4 GLOBAL SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 5 GLOBAL SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 6 GLOBAL SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 7 GLOBAL SOLAR PANEL RECYCLING MARKET, BY REGION, 2020-2027 (USD MILLION)

TABLE 8 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2020-2027 (USD MILLION)

TABLE 9 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 10 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 11 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 12 U.S.: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 13 U.S.: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 14 U.S.: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 15 CANADA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 16 CANADA: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 17 CANADA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 18 MEXICO: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 19 MEXICO: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 20 MEXICO: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 21 EUROPE SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2020-2027 (USD MILLION)

TABLE 22 EUROPE: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 23 EUROPE: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 24 EUROPE: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 25 ITALY: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 26 ITALY: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 27 ITALY: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 28 U.K.: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 29 U.K.: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 30 U.K.: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 31 FRANCE: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 32 FRANCE: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 33 FRANCE: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 34 SPAIN: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 35 SPAIN: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 36 SPAIN: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 37 REST OF EUROPE: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 38 REST OF EUROPE: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 39 REST OF EUROPE: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 40 ASIA PACIFIC SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2020-2027 (USD MILLION)

TABLE 41 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 42 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 43 ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 44 CHINA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 45 CHINA: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 46 CHINA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 47 JAPAN: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 48 JAPAN: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 49 JAPAN: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 50 INDIA: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 51 INDIA: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 52 INDIA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 53 REST OF ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 54 REST OF ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 55 REST OF ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

TABLE 56 ROW SOLAR PANEL RECYCLING MARKET, BY REGION, 2020-2027 (USD MILLION) 72

TABLE 57 ROW: SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 58 ROW: SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020-2027 (USD MILLION)

TABLE 59 ROW: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020-2027 (USD MILLION)

LIST OF FIGURES

FIGURE 1 GLOBAL SOLAR PANEL RECYCLING MARKET: MARKET STRUCTURE

FIGURE 2 RESEARCH PROCESS OF MRFR

FIGURE 3 TOP DOWN & BOTTOM UP APPROACH

FIGURE 4 DRO ANALYSIS OF GLOBAL SOLAR PANEL RECYCLING MARKET

FIGURE 5 DRIVERS IMPACT ANALYSIS: SOLAR PANEL RECYCLING MARKET

FIGURE 6 RESTRAINTS IMPACT ANALYSIS: SOLAR PANEL RECYCLING MARKET

FIGURE 7 VALUE CHAIN: SOLAR PANEL RECYCLING MARKET

FIGURE 8 PORTER'S 5 FORCES ANALYSIS

FIGURE 9 GLOBAL SOLAR PANEL RECYCLING MARKET, BY TYPE, 2020 (% SHARE)

FIGURE 10 GLOBAL SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2020 (% SHARE)

FIGURE 11 GLOBAL SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2020 (% SHARE)

FIGURE 12 GLOBAL SOLAR PANEL RECYCLING MARKET, BY REGION, 2020 (% SHARE)

FIGURE 13 NORTH AMERICA: SOLAR PANEL RECYCLING MARKET SHARE, BY COUNTRY, 2020 (% SHARE)

FIGURE 14 EUROPE SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2020 (% SHARE) 51

FIGURE 15 ASIA PACIFIC SOLAR PANEL RECYCLING MARKET, BY COUNTRY, 2020 (% SHARE)

FIGURE 16 ROW SOLAR PANEL RECYCLING MARKET, BY REGION, 2020 (% SHARE)

FIGURE 17 BENCHMARKING OF MAJOR COMPETITORS

FIGURE 18 MAJOR MANUFACTURER MARKET SHARE ANALYSIS, 2020 (% SHARE)