Middle East and Africa Solar Panel Recycling Market Size- By Process, By Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Middle East and Africa Solar Panel Recycling Market Introduction and Overview
According to SPER Market Research, ‘Middle East and Africa Solar Panel Recycling Market Size- By Process, By Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Middle East and Africa Solar Panel Recycling Market is estimated to reach USD 9.89 million by 2033 with a CAGR of 13.51%.
Solar panel recycling is the process of gathering and reusing useful components from decommissioned or damaged solar panels. Solar panels are disassembled, processed, and cleaned to extract reusable materials including glass, aluminium, copper, and silicon. The recycling method aims to reduce waste, conserve resources, and lower the environmental impact of solar panel disposal.
The MEA solar panel recycling sector is one of the several industries that have been significantly impacted by the COVID-19 pandemic. The pandemic’s early stages caused supply chain hiccups, a decrease in solar panel installations, and a brief halt to recycling operations. But the epidemic also made resilient and sustainable practices more important, which is why governments and organisations are putting more of an emphasis on waste management and renewable energy.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Process, By Type
Regions covered South Africa, Egypt, United Arab Emirates, Rest of Middle East and Africa
Companies CoveredCanadian Solar Inc, First Solar Inc, Rinovasol GMBH, Sharp Corporation, SunPower Corporation, Trina Solar Ltd, Interco Trading Inc.
Middle East and Africa Solar Panel Recycling Market Segmentation:By Process: Based on the Process, Middle East and Africa Solar Panel Recycling Market is segmented as; Thermal, Mechanical, Chemical, Other Processes.
By Type:Based on the Type, Middle East and Africa Solar Panel Recycling Market is segmented as; Crystalline Silicon, Thin Film.
By Region:This research also includes data for South Africa, Egypt, United Arab Emirates, Rest of Middle East and Africa