유럽의 태양전지판 재활용 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the Europe solar panel recycling market size is expected to grow from USD 162.87 million in 2025 to USD 179.92 million in 2026 and is forecast to reach USD 310.20 million by 2031 at 11.51% CAGR over 2026-2031.

This report is Segmented by Process (Thermal, Mechanical, and Laser), Panel Type (Crystalline Silicon and Thin Film), Shelf Life (Normal Loss and Early Loss), Material Recovered (Glass, Silicon Wafers, Silver, Aluminium, and Other Metals), and Geography (United Kingdom, France, Italy, Spain, Netherlands, Belgium, Poland, Sweden, Norway, Russia, and Rest of Europe).

Europe Solar Panel Recycling Market Trends and Insights

Rapid Growth of EU PV Installations Reaching >70 GW Annually

Photovoltaic build-outs exceeded 70 GW in 2024 and remain on pace for similar yearly additions, front-loading a deferred waste surge estimated at 2.5 million tonnes by 2031. Rising volumes give recyclers long-term visibility that supports 10-plus-year plant lifetimes. Germany and Spain contributed over 14 GW each in 2024, accelerating the need for collection partnerships that pre-book fleet decommissioning. The growth also tightens landfill restrictions because environmental agencies now track module flows against installation registries. Collectively, these forces create a predictable, sizable feedstock that encourages creditors to underwrite large-scale capacity.

Mandatory Producer-Financed Recycling Under WEEE & EPR

The 2012 WEEE amendment, and its country-specific EPR transpositions, compel manufacturers to absorb all collection and processing costs, eliminating volume risk for recyclers but compressing fee margins when the distance to the plant exceeds 400 km. France's SOREN scheme gathered 6,200 tonnes of PV waste in 2024, a 40% increase over 2023, proving regulatory teeth are now fully in place. Germany's Stiftung EAR issued fines for non-registered imports, signaling that passive compliance is no longer tolerated. These penalties encourage module redesign for easier disassembly, indirectly improving recycling yields.

High Logistics Cost for Bulky Modules Across EU Borders

Transport dominates cost structures when modules travel beyond 300 km, reaching EUR 0.12 per kilogram on some Poland-to-France routes. Basel Convention paperwork and lead-cadmium testing add week-long delays, eroding recycler cash flow. Regional shredding hubs cut weight by up to 70%, but replicating equipment across 10-15 satellite sites strains balance sheets for small operators.

Other drivers and restraints analyzed in the detailed report include:

1. Commercialization of High-Value Silicon & Silver Recovery Technologies
2. EU Critical Raw Materials Act Prioritizing PV Waste Streams
3. Slow Scale-Up of Purpose-Built Recycling Lines (< 30 kt/yr)

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Mechanical shredding controlled 65.8% of 2025 revenue because legacy lines are fully depreciated and remain easy to operate. However, laser systems are expanding at a 16.9% CAGR, the sharpest among all processes, thanks to 95% glass purity and residue-free wafer output that garners higher sale prices. In USD terms, laser-enabled plants add USD 25-30 per tonne in incremental value, a differential sufficient to amortize EUR 3 million equipment packages when annual volumes exceed 5,000 tonnes. ROSI Solar's hybrid flow pairs low-cost shredding for aluminum removal with laser finishing for high-grade fractions, demonstrating a pragmatic bridging strategy that aligns with evolving WEEE air-emission norms. Over the forecast horizon, mechanical methods will still serve thin-film modules and small-scale feeders, but laser units are poised to command premium fractions and set new benchmarks for environmental compliance within the European solar panel recycling market.

Operational scale remains the decisive adoption filter. Below 2,500 tonnes per year, simple shredders outcompete in capex and uptime, giving them an embedded base in smaller Eastern European and Mediterranean markets. Yet national tenders increasingly score bids on recovery rates, gradually shifting procurement in favor of laser or thermo-chemical lines. Public funding under the EU Innovation Fund specifically prioritizes > 85% recovery thresholds, effectively nudging future capacity toward advanced configurations and trimming the long-term share of basic mechanical plants within the European solar panel recycling market landscape.

Crystalline silicon modules represented 81.6% of inbound waste in 2025, mirroring their installation share. Their diversified material mix, glass, aluminum, silicon, and silver, keeps them the economic backbone of the European solar panel recycling market. Thin-film CIGS, however, is growing at a 19.1% CAGR because many first-wave utility arrays are failing earlier than projected. Although CIGS panels lack silver, they contain indium and gallium, which the Critical Raw Materials Act now ranks as strategic, propelling specialized recovery ventures in Germany and Italy. Early adopters such as First Solar illustrate closed-loop viability, recovering 90% of cadmium-telluride material for re-use.

Variations in regulatory costs further shape segment economics. Thin-film recyclers must manage hazardous-waste permits, adding EUR 50-100 per tonne. Crystalline processors steer clear of these surcharges, but they may face diminishing silver returns as modern modules adopt lower metallization loadings. Panel OEMs are responding with take-back programs that interlock with their own recycling pilots, a trend exemplified by Trina Solar's 2024 fully recycled module, which showcases how manufacturer control can shorten material loops and reshape competition across panel categories within the European solar panel recycling market.

Complete Report Scope:

• By Process
  • Thermal
  • Mechanical
  • Laser
• By Panel Type
  • Crystalline Silicon
  • Thin Film
• By Shelf Life
  • Normal Loss (Above 25 yr)
  • Early Loss (Below 10 yr)
• By Material Recovered
  • Glass
  • Silicon Wafers
  • Silver
  • Aluminium
  • Other Metals (Cu, Indium, etc.)
• By Geography
  • United Kingdom
  • France
  • Italy
  • Spain
  • Netherlands
  • Belgium
  • Poland
  • Sweden
  • Norway
  • Russia
  • Rest of Europe

List of Companies Covered in this Report:

1. Veolia Environnement S.A.
2. Reiling PV-Recycling GmbH
3. ROSI Solar
4. PV Cycle
5. First Solar Inc.
6. SunPower Corporation
7. JA Solar Holdings Co. Ltd.
8. Trina Solar Co. Ltd.
9. Canadian Solar Inc.
10. Renesola Ltd.
11. Suez SA
12. 9-Tech Srl
13. Soren (PV Cycle France)
14. Envaris GmbH
15. Iberia Solar Recycling (Endesa)
16. REC Solar EMEA GmbH
17. SMA Solar Technology AG
18. Enel Green Power (3Sun recycling)
19. Greenmet Solar
20. Solarglass Recycling BV
21. Norsk Solar Recycling AS
22. Apellix Laser Ablation

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rapid growth of EU PV installations reaching >70 GW p.a.
  • 4.2.2 Mandatory producer-financed recycling under WEEE & EPR
  • 4.2.3 Commercialisation of high-value silicon & silver recovery technologies
  • 4.2.4 EU Critical Raw Materials Act prioritising PV waste streams
  • 4.2.5 Automotive OEM demand for recycled solar-grade silicon for EV batteries
• 4.3 Market Restraints
  • 4.3.1 High logistics cost for bulky modules across EU borders
  • 4.3.2 Slow scale-up of purpose-built recycling lines (<30 kt/yr capacity)
  • 4.3.3 Silver price volatility undermining recycler ROI
• 4.4 Supply-Chain Analysis
• 4.5 Regulatory Landscape (WEEE, Ecodesign, EPR)
• 4.6 Technological Outlook (Mechanical, Thermal, Chemical, Laser, and Thermo-mechanical)
• 4.7 Porter's Five Forces
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Intensity of Rivalry

5 Market Size & Growth Forecasts

• 5.1 By Process
  • 5.1.1 Thermal
  • 5.1.2 Mechanical
  • 5.1.3 Laser
• 5.2 By Panel Type
  • 5.2.1 Crystalline Silicon
  • 5.2.2 Thin Film
• 5.3 By Shelf Life
  • 5.3.1 Normal Loss (Above 25 yr)
  • 5.3.2 Early Loss (Below 10 yr)
• 5.4 By Material Recovered
  • 5.4.1 Glass
  • 5.4.2 Silicon Wafers
  • 5.4.3 Silver
  • 5.4.4 Aluminium
  • 5.4.5 Other Metals (Cu, Indium, etc.)
• 5.5 By Geography
  • 5.5.1 United Kingdom
  • 5.5.2 France
  • 5.5.3 Italy
  • 5.5.4 Spain
  • 5.5.5 Netherlands
  • 5.5.6 Belgium
  • 5.5.7 Poland
  • 5.5.8 Sweden
  • 5.5.9 Norway
  • 5.5.10 Russia
  • 5.5.11 Rest of Europe

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves (M&A, Partnerships, PPAs)
• 6.3 Market Share Analysis (Market Rank/Share for key companies)
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
  • 6.4.1 Veolia Environnement S.A.
  • 6.4.2 Reiling PV-Recycling GmbH
  • 6.4.3 ROSI Solar
  • 6.4.4 PV Cycle
  • 6.4.5 First Solar Inc.
  • 6.4.6 SunPower Corporation
  • 6.4.7 JA Solar Holdings Co. Ltd.
  • 6.4.8 Trina Solar Co. Ltd.
  • 6.4.9 Canadian Solar Inc.
  • 6.4.10 Renesola Ltd.
  • 6.4.11 Suez SA
  • 6.4.12 9-Tech Srl
  • 6.4.13 Soren (PV Cycle France)
  • 6.4.14 Envaris GmbH
  • 6.4.15 Iberia Solar Recycling (Endesa)
  • 6.4.16 REC Solar EMEA GmbH
  • 6.4.17 SMA Solar Technology AG
  • 6.4.18 Enel Green Power (3Sun recycling)
  • 6.4.19 Greenmet Solar
  • 6.4.20 Solarglass Recycling BV
  • 6.4.21 Norsk Solar Recycling AS
  • 6.4.22 Apellix Laser Ablation

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-need Assessment