태양전지판 재활용 시장 규모, 점유율, 성장 분석 : 공정별, 재료별, 보존 기간별, 유형별, 지역별 - 산업 예측(2024-2031년)

Global Solar Panel Recycling Market size was valued at USD 372.2 million in 2022 and is poised to grow from USD 444.41 million in 2023 to USD 1835.76 million by 2031, growing at a CAGR of 19.4% during the forecast period (2024-2031).

The solar panel recycling market is poised for significant growth as global focus on sustainability and renewable energy intensifies. New recycling initiatives and government subsidies are expected to create favorable opportunities for this sector. Additionally, climbing raw material costs associated with solar panel production are likely to enhance the appeal of recycling efforts. Increased investment in advanced recycling technologies and a surge in solar installations worldwide will further drive market expansion. However, challenges such as high recycling costs, a lack of industry standardization, and limited public awareness may hinder growth prospects for solar panel recycling companies in the coming years. Overall, the market presents a promising landscape tempered by notable hurdles that need to be navigated.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Solar Panel Recycling market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Solar Panel Recycling Market Segmental Analysis

Global Solar Panel Recycling Market is segmented by Process, Material, Shelf Life, Type, and Region. Based on Process, the market is segmented into Thermal, Chemical, Mechanical, Laser, Combination, and Other Processes. Based on Material, the market is segmented into Silicon, Metal, Aluminum, Plastic, Glass, and Other Materials. Based on Shelf Life, the market is segmented into Early Loss, and Normal Loss. Based on Type of Traders, the market is segmented into Polycrystalline, Monocrystalline, Thin Film, and Other Types. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Solar Panel Recycling Market

The global solar panel recycling market is being significantly driven by the sharp increase in solar energy system installations, fueled by a growing commitment to sustainability. As countries prioritize renewable energy solutions, the number of installed solar panels continues to rise. However, with many of these earlier installations now approaching the end of their operational life, there is an alarming rise in solar panel waste. This accumulation of waste is creating a pressing need for effective recycling solutions, thereby propelling the demand for solar panel recycling services and technologies to manage the environmental impact and recover valuable materials from discarded panels.

Restraints in the Global Solar Panel Recycling Market

One significant constraint on the Global Solar Panel Recycling market is the elevated cost associated with the recycling process. The extraction of rare materials from solar panels necessitates the use of specialized equipment and labor-intensive efforts, leading to substantial operational expenses. These financial barriers present challenges not only for smaller enterprises but also for larger companies with budget limitations, ultimately hindering the overall growth potential of the solar panel recycling market. As a result, the high costs can discourage investment in recycling efforts, impeding advancements and innovations in sustainable solar panel disposal solutions.

Market Trends of the Global Solar Panel Recycling Market

The Global Solar Panel Recycling market is witnessing a significant trend towards the development of eco-friendly recycling methods, driven by increasing awareness of environmental sustainability and regulatory pressures. Companies are investing in innovative recycling technologies that optimize energy use and minimize ecological impact, aligning with the broader shift towards circular economy practices. As the solar industry expands, the demand for efficient and sustainable recycling solutions is set to rise, presenting lucrative opportunities for businesses. By prioritizing research and development to enhance these sustainable practices, firms can capitalize on this market trend, positioning themselves for substantial revenue growth through 2031 and beyond.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2023
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technological Advancement
• Regulatory Landscape
• Patent Analysis
• Case Studies
• Customer & Buying Criteria Analysis

Global Solar Panel Recycling Market Size by Process & CAGR (2024-2031)

• Market Overview
• Thermal
• Chemical
• Mechanical
• Laser
• Combination
• Other Processes

Global Solar Panel Recycling Market Size by Material & CAGR (2024-2031)

• Market Overview
• Silicon
• Metal
• Aluminum
• Plastic
• Glass
• Other Materials
  • Lead
  • Cadmium And Tellurium
  • Indium And Gallium

Global Solar Panel Recycling Market Size by Shelf Life & CAGR (2024-2031)

• Market Overview
• Early Loss
• Normal Loss

Global Solar Panel Recycling Market Size by Type & CAGR (2024-2031)

• Market Overview
• Polycrystalline
• Monocrystalline
• Thin Film
• Other Types
  • Perovskite Solar Cells
  • Organic Photovoltaics
  • Dye-sensitized Solar Cells
  • Concentrator Photovoltaics (Cpvs)
  • Bifacial Solar Panels
  • Cadmium Telluride (CDTE) And Copper Indium Gallium Selenide (CIGS)
  • Quantum Dot Solar Cells

Global Solar Panel Recycling Market Size & CAGR (2024-2031)

• North America, (Process, Material, Shelf Life, Type)
  • US
  • Canada
• Europe, (Process, Material, Shelf Life, Type)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (Process, Material, Shelf Life, Type)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (Process, Material, Shelf Life, Type)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (Process, Material, Shelf Life, Type)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Reiling GmbH & Co. KG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• The Retrofit Companies, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rinovasol Global Services B.V.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rosi
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• We Recycle Solar
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Etavolt Pte. Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Solarcycle, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Veolia
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Cleanlites Recycling
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Aerisoul Metal & Energy Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Envaris GmbH
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Elecsome
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Fabtech
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Interco Trading, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Solucciona Energia
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Recycle Solar
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Immark AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Commercial Solar Panel Recycling
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Recycle1234.com
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sunr
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Yousolar SRL
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation