Solar Panel Recycling Market Scope, Growth Opportunities and Regional Outlook till 2027

Solar Panel Recycling Market Scope, Growth
Opportunities and Regional Outlook till 2027
“Increasing preference for the usage of renewable energy sources to cater to power requirements of
industrial, commercial, and residential purposes is expected to drive the growth of the market.”
The global Solar Panel Recycling Market size is anticipated to value USD 333.8 million until 2027. It is also expected
to register a CAGR of 12.8% over the forecasted years, 2020 to 2027. Surging preference for the adoption of
renewable energy prevailing among the millennial population is projected to augment market growth.
The early loss shelf-life segment held the dominant share across the global market in 2019 due to the surging number
of regulations and standards imposed by governing bodies to replace solar panels immediately due to operational
dysfunction. On the other hand, the normal loss segment is expected to register the fastest growth due to the need
for replacement of solar panels after completion of their shelf life.
Browse Full Research Report @
https://www.millioninsights.com/industry-reports/solar-panel-recycling-market
In 2019, the segment of monocrystalline panels dominated the global market with a 50.0% share on account of
salient features such as higher shelf life, more heat tolerance, and enhanced efficiency. The thin-film production
segment accounted for the highest CAGR across the global market from 2020 to 2027 owing to improved
operational performance and reduced costs associated with these panels.
Europe accounted for the highest share across the global solar panel recycling market in 2019 due to the rising
presence of many solar farms in the last few years that will result in replacement demand for solar panels across
this region. The Asia Pacific is projected to witness the highest CAGR from 2020 to 2027 owing to an increase in the
number of solar panel installations across Japan and China.
The market across the globe includes key players such as Envaris, Hanwha Group, Envaris, Hanwha Group, First
Solar Inc., Silrec Corporation, Aurubis, and Trina Solar. Huge investments are being undertaken by these service
providers to gain cutting edge over other players.

Further key findings from the report suggest:
• In 2019, the early loss shelf-life segment held the dominant share across the global market.
• The thin-film production segment accounted for the highest CAGR across the global market from 2020 to 2027.
• Europe accounted for the highest share across the global market in 2019.
• The key players operating in this market are Envaris, Hanwha Group, Envaris, Hanwha Group, First Solar Inc.,
Silrec Corporation, Aurubis, and Trina Solar.
Request Sample Copy of This Report @
https://www.millioninsights.com/industry-reports/solar-panel-recycling-market/request-sample
Million Insights has segmented the global solar panel recycling market on the basis of process, shelf life, product
and region:
Solar Panels Recycling Process Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2027)
• Thermal
• Mechanical
• Laser
Solar Panels Recycling Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2027)
• Monocrystalline
• Polycrystalline
• Thin Film
Solar Panels Recycling Shelf Life Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2027)
• Early Loss
• Normal Loss
Solar Panels Recycling Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2027)
• North America
• The U.S.

• Canada
• Mexico
• Europe
• Germany
• The U.K.
• France
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Argentina
• Middle East & Africa
• Qatar
• UAE
See More Reports of This Category by Million Insights @
https://www.millioninsights.com/industry/renewable-energy

Get in touch
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction.
Our representatives strive to understand diverse client requirements and cater to the same with
the most innovative and functional solutions.
Contact Person:
Ryan Manuel
Research Support Specialist, USA
Email: ryan@millioninsights.com
Global Headquarters
Million Insights
Felton Office Plaza 6265 Highway 9
Felton, California 95018, United States
Phone: 1-408-610-2300
Email: sales@millioninsights.com
Asia Pacific
Million Insights
Office No. 302, 3rd Floor, Manikchand
Galleria, Model Colony, Shivaji Nagar,
Pune, MH, 411016 India
Phone: 91-20-65300184
Email: sales@millioninsights.com
Visit Our Blog: www.millioninsights.blogspot.com