Global Photovoltaic Solar Panel Recycling Market Growth 2024-2030
Recycling photovoltaic panels can reuse useful resources, such as aluminum, copper, silicon, etc. These resources can be recycled and regenerated, saving the cost of mining and production of new resources.
The global Photovoltaic Solar Panel Recycling market size is projected to grow from US$ 102.7 million in 2023 to US$ 123.8 million in 2030; it is expected to grow at a CAGR of 2.7% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Photovoltaic Solar Panel Recycling Industry Forecast” looks at past sales and reviews total world Photovoltaic Solar Panel Recycling sales in 2023, providing a comprehensive analysis by region and market sector of projected Photovoltaic Solar Panel Recycling sales for 2024 through 2030. With Photovoltaic Solar Panel Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Photovoltaic Solar Panel Recycling industry.
This Insight Report provides a comprehensive analysis of the global Photovoltaic Solar Panel Recycling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Photovoltaic Solar Panel Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Photovoltaic Solar Panel Recycling market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Photovoltaic Solar Panel Recycling and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Photovoltaic Solar Panel Recycling.
Since the introduction of grid-connected benchmark electricity prices in 2014, domestic photovoltaic power generation installed capacity has grown rapidly and continues to maintain an average annual growth rate of more than 100%. At present, the domestic cumulative installed photovoltaic power generation capacity has exceeded 200GW. It is expected that in 2022, China's cumulative installed photovoltaic power generation capacity will exceed 100%. will exceed 300GW. With the rapid development of photovoltaic power generation, the problem of recycling and reuse of waste photovoltaic modules has also arisen. According to the International Renewable Energy Agency (IRENA), the accumulated photovoltaic module waste worldwide will reach millions of tons by 2030; and by 2050, it will reach tens of millions of tons. According to the prediction of the Institute of Electrical Engineering of the Chinese Academy of Sciences, starting from 2020, the amount of domestic waste photovoltaic modules will also increase significantly. By 2030, domestic waste photovoltaic modules can produce 1.45 million tons of carbon steel, 1.1 million tons of glass, and 540,000 tons of plastics. , 260,000 tons of aluminum, 170,000 tons of copper, 50,000 tons of silicon and 550 tons of silver.
This report presents a comprehensive overview, market shares, and growth opportunities of Photovoltaic Solar Panel Recycling market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Polycrystalline Silicon Solar Panels
Monocrystalline Silicon Solar Panel
Amorphous Silicon Solar Panel
Composite Solar Panels
Segmentation by application
Industrial
Business
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Veolia
ROSI
ERI
GreenMatch
GEP ECOTECH
Yingli Energy Development Co., Ltd.
State Power Investment Ronghe Investment Co., Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Photovoltaic Solar Panel Recycling market?
What factors are driving Photovoltaic Solar Panel Recycling market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Photovoltaic Solar Panel Recycling market opportunities vary by end market size?
How does Photovoltaic Solar Panel Recycling break out type, application?
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