As per the recently published report by MarketsandMarkets™, The “Solar Panel Recycling Market by Type (Monocrystalline, Polycrystalline, Thin Film), Process (Thermal, Chemical, Mechanical, Laser, Combination), Shelf Life (Early Loss, Normal Loss), Material (Metal, Glass, Plastic, Silicone) – Global Forecast to 2029″, is projected to reach USD 931 million by 2029, at a CAGR of 19.3% from USD 385 million in 2024. The solar panel recycling market encompasses a wide range of technologies and solutions aimed at recycling solar panels. This market includes process such as thermal, chemical, mechanical, laser among others. The escalating volume of recyclable materials, coupled with the proliferation of electronic waste in landfills, serves as a compelling driver for the advancement of solar panel recycling initiatives. As the global adoption of solar energy continues to soar, the accumulation of end-of-life solar panels adds to the mounting electronic waste dilemma.
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- 100 Market data Tables
- 65 Figures
- 200 Pages and in-depth TOC on “Solar Panel Recycling Market – Global Forecast to 2029
This report also provides a comprehensive analysis of the companies listed below:
The key players in solar panel recycling market are First Solar (US), Reiling GmbH & Co.KG (Germany), The Retrofit Companies, Inc. (US), Rinovasol Global Services B. V. (Netherlands), We Recycle Solar (US), ROSI (France), SILCONTEL LTD (Israel), Etavolt Pte. Ltd. (Singapore), PV Industries Pty Ltd (Australia), SOLARCYCLE, Inc. (US), etc. Partnerships and expansions are the major growth strategies adopted by the key players in the market.
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the solar panel recycling market.