Solar Panel Recycling Management Market from laser process to grow over 45% by 2024
More Information @ http://bit.ly/2kTEonm Solar energy is at the foremost of the clean energy adoption initiatives, as an increasing number of governments and world bodies are encouraging its adoption to reduce dependency on non-renewable sources of energy. Increasing growth in solar panel recycling management market demand can be attributed to the first wave of panel adoption in the 1990s and the industry is likely to undergo a paradigm shift over the next decade.
More Information @ http://bit.ly/2kTEonm
Solar energy is at the foremost of the clean energy adoption initiatives, as an increasing number of governments and world bodies are encouraging its adoption to reduce dependency on non-renewable sources of energy. Increasing growth in solar panel recycling management market demand can be attributed to the first wave of panel adoption in the 1990s and the industry is likely to undergo a paradigm shift over the next decade.
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Global <strong>Solar</strong> <strong>Panel</strong> <strong>Recycling</strong> <strong>Management</strong> <strong>Market</strong><br />
<strong>to</strong> <strong>grow</strong> at 35% CAGR <strong>from</strong> 2016 <strong>to</strong> <strong>2024</strong>: Global<br />
<strong>Market</strong> Insights Inc.<br />
The energy industry report "<strong>Solar</strong> <strong>Panel</strong> <strong>Recycling</strong> <strong>Management</strong> <strong>Market</strong> Size By Process<br />
(Thermal, Mechanical, Laser), By Product (Monocrystalline, Polycrystalline, Thin<br />
Films PV Cells), By Shelf Life (Early Loss, Normal Loss), Industry Analysis Report,<br />
Regional Outlook (U.S., Canada, Germany, Italy, France, UK, Spain, Ukraine,<br />
Denmark, Russia, China, Japan, South Korea, India, Australia, UAE, Saudi Arabia,<br />
Morocco, Nigeria, South Africa, Chile, Mexico, Brazil), Application Potential, Price<br />
Trends, Competitive <strong>Market</strong> Share & Forecast, 2016 - <strong>2024</strong>" <strong>by</strong> Global <strong>Market</strong> Insights,<br />
Inc. says <strong>Solar</strong> <strong>Panel</strong> <strong>Recycling</strong> <strong>Management</strong> <strong>Market</strong> size is set <strong>to</strong> surpass <strong>over</strong> USD 360<br />
million <strong>by</strong> <strong>2024</strong>.<br />
Increasing volume of decommissioned PV panels coupled with strict laws <strong>to</strong> boost<br />
effective recycling will drive the global solar panel recycling market. Average shelf<br />
life of panels is 30 years after which they need <strong>to</strong> be dismantled <strong>from</strong> service and<br />
discarded.<br />
Huge untapped potential with stringent regulations <strong>to</strong> recycle increasing volumes of<br />
PV waste is set <strong>to</strong> propel the solar panel recycling management market size<br />
between 2016 <strong>to</strong> <strong>2024</strong>. EPA has laid down regulations referring <strong>to</strong> Materials Safety<br />
Data Sheets (MSDSs), Toxics Release Inven<strong>to</strong>ry (TRI), Resource Conservations<br />
and Rec<strong>over</strong>y Act (RCRA), California’s Hazardous Waste Control Law (HWCL) and<br />
Toxicity Characteristic Leaching Procedure (TCLP) standards.<br />
<strong>Solar</strong> panel recycling management market size <strong>from</strong> mechanical <strong>process</strong> is set <strong>to</strong><br />
exceed USD 300 million in <strong>2024</strong> subject <strong>to</strong> wide penetration and reasonable pricing.<br />
Thermal <strong>process</strong> was valued <strong>over</strong> USD 1 million in 2015 owing <strong>to</strong> decrease in silicon<br />
content in PV manufacturing <strong>process</strong>. Laser <strong>process</strong> is a new technology introduced<br />
recently and is expected <strong>to</strong> <strong>grow</strong> <strong>over</strong> <strong>45%</strong> <strong>by</strong> <strong>2024</strong> owing <strong>to</strong> increasing adoption.<br />
<strong>Solar</strong> panel recycling management market size <strong>from</strong> regular loss is expected <strong>to</strong><br />
exceed USD 250 million <strong>by</strong> <strong>2024</strong>. <strong>Panel</strong>s decommissioned at end of 30 years’ shelf<br />
life are classified under regular loss. Early loss is predicted <strong>to</strong> <strong>grow</strong> <strong>over</strong> 30% during<br />
the forecast period owing <strong>to</strong> the quality of materials used coupled with weather<br />
conditions prevalent.<br />
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U.S. solar panel recycling management market size was valued <strong>over</strong> USD 5 million<br />
in 2015 and is predicted <strong>to</strong> witness strong <strong>grow</strong>th owing <strong>to</strong> increasing adoption of PV<br />
panels coupled with stringent regulations <strong>to</strong>wards recycling will further augment<br />
industry outlook.<br />
U.S. <strong>Solar</strong> <strong>Panel</strong> <strong>Recycling</strong> <strong>Management</strong> <strong>Market</strong> size, <strong>by</strong> <strong>process</strong> 2013-<strong>2024</strong><br />
(USD million)<br />
Browse key industry insights spread across 185 pages with 253 market data tables &<br />
10 figures & charts <strong>from</strong> this 2017 report <strong>Solar</strong> <strong>Panel</strong> <strong>Recycling</strong> <strong>Management</strong><br />
<strong>Market</strong> in detail along with the table of contents, please click on the link below:<br />
https://www.gminsights.com/industry-analysis/solar-panel-recycling-managementmarket<br />
For Europe, UK solar panel recycling management market share is expected <strong>to</strong> <strong>grow</strong><br />
<strong>over</strong> 35% <strong>by</strong> <strong>2024</strong>. In 2013, UK WEEE introduced regulations aimed at reducing<br />
solar waste <strong>by</strong> mandating manufacturers <strong>to</strong> take back decommissioned PV panels<br />
for recycling. PV producers also need <strong>to</strong> register with Producer Compliance Scheme<br />
and update appropriate data sought <strong>by</strong> the g<strong>over</strong>nment.<br />
China solar panel recycling management market size is expected <strong>to</strong> exceed USD 50<br />
million between 2016 <strong>to</strong> <strong>2024</strong>. Under the National High-tech R&D Program’s “PV<br />
<strong>Recycling</strong> and Safety Disposal Research”, specific laws and regulations will be<br />
introduced <strong>to</strong> tackle <strong>grow</strong>ing panel waste volumes.<br />
For Middle East, UAE solar panel recycling management market share is set <strong>to</strong> <strong>grow</strong><br />
<strong>over</strong> 50% <strong>over</strong> the forecast period. The region will witness 5000 <strong>to</strong>ns of waste panels<br />
generated during the forecast period subject <strong>to</strong> increasing adoption of alternate<br />
energy <strong>over</strong> conventional fuels.<br />
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Mexico solar panel recycling management market size is predicted <strong>to</strong> surpass USD 3<br />
million <strong>by</strong> <strong>2024</strong>, subject <strong>to</strong> <strong>grow</strong>ing installations of PV panels in the region. Energy<br />
Transition Law passed in 2015, aims <strong>to</strong> shift focus <strong>from</strong> fossil fuels <strong>to</strong> renewable<br />
energy sources, further complementing the industry outlook.<br />
Segmentation of <strong>Solar</strong> <strong>Panel</strong> <strong>Recycling</strong> <strong>Management</strong> <strong>Market</strong>:<br />
Global <strong>Solar</strong> <strong>Panel</strong> <strong>Recycling</strong> <strong>Management</strong> <strong>Market</strong>, By Process<br />
• Thermal<br />
• Mechanical<br />
• Laser<br />
Global <strong>Solar</strong> <strong>Panel</strong> <strong>Recycling</strong> <strong>Management</strong> <strong>Market</strong>, By Product<br />
• Monocrystalline<br />
• Polycrystalline<br />
• Thin Films PV Cells<br />
Global <strong>Solar</strong> <strong>Panel</strong> <strong>Recycling</strong> <strong>Management</strong> <strong>Market</strong>, By Shelf Life<br />
• Early loss<br />
• Regular loss<br />
The above information is provided on a regional and country basis for the following:<br />
• North America<br />
o U.S.<br />
o Canada<br />
• Europe<br />
o Germany<br />
o Italy<br />
o France<br />
o UK<br />
o Spain<br />
o Ukraine<br />
o Denmark<br />
o Russia<br />
• Asia Pacific<br />
o China<br />
o India<br />
o South Korea<br />
o Japan<br />
o Australia<br />
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• Middle East & Africa<br />
o Saudi Arabia<br />
o Saudi Arabia<br />
o Morocco<br />
o Nigeria<br />
o South Africa<br />
• Latin America<br />
o Mexico<br />
o Chile<br />
o Brazil<br />
About Global <strong>Market</strong> Insights<br />
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