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The $365 Million Worldwide Solar Panel Recycling Industry is Expected to Grow at a CAGR of 19.3% From 2020 to 2027

The $365 Million Worldwide Solar Panel Recycling Industry is Expected to Grow at a CAGR of 19.3% From 2020 to 2027

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DUBLIN : The “Global Solar Panel Recycling Market 2020-2027 by Process (Mechanical, Thermal, Laser, Chemical), Panel Type (Monocrystalline, Polycrystalline, Thin Film), Shelf Life (Early Loss, Normal Loss), and Region: Trend Outlook and Growth Opportunity” report has been added to ResearchAndMarkets.com’s offering.

Global solar panel recycling market will reach $365.6 million by 2027, growing by 19.3% annually over 2020-2027 driven by the growing demand for clean energy on account of environmental protection, increasing growing adoption of solar power as a renewable source of energy, and rising support of the government toward sustainable development.

This report is based on a comprehensive research of the entire global solar panel recycling market and all its sub-segments through extensively detailed classifications.

Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate/forecast from 2020 till 2027 with 2019 as the base year.

In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global solar panel recycling market in every aspect of the classification from perspectives of Process, Panel Type, Shelf Life, and Region.

Based on Process, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.

  • Mechanical Recycling
  • Thermal Recycling
  • Laser Recycling
  • Chemical Recycling
  • Other Processes

Based on Panel Type, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.

  • Monocrystalline Solar Panels
  • Polycrystalline Solar Panels
  • Thin Film Solar Panels

Based on Shelf Life, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.

  • Early Loss
  • Normal Loss

Geographically, the following regions together with the listed national/local markets are fully investigated:

  • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
  • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
  • North America (U.S., Canada, and Mexico)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (UAE, Egypt, South Africa)

For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of all regional markets by country and split of key national markets by Process, Panel Type, and Shelf Life over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Anand Gupta Editor - EQ Int'l Media Network