Solar panel recycling Market, By Process (Thermal, Laser, and Mechanical), By Product (Polycrystalline, Monocrystaline, and Thin Film Solar Cells), By Shelf Life (Early Loss and Normal Loss), & Geography- Forecast till 2022
Average shelf life of panels is 30 years after which they need to be dismantled from service and recycled or discarded. Increasing volume of decommissioned solar panels coupled with strict laws and regulations to control the growing number of panel waste will stimulate the solar panel recycling market share during forecast period.
Solar panel recycling market size from thermal process likely to witness substantial growth by 2022. Thermal process currently has a limited adoption scope but is expected to gain wider acceptance during the forecast period due to decreasing silicon content in panels. Mechanical process has wide adoption across the globe owing to its process safety coupled with increasing adoption of polycrystalline panels. Adoption of laser technology is expected to witness strong growth after 2022.
The report covers product areas such as Polycrystalline, Monocrystaline, and Thin Film Solar Cells. The market is projected to grow at a CAGR of XX.X% during 2014-2019. Solar panel recycling industry from thin films solar cells are expected to witness growth over XX% by 2022 owing to large scale adoption subject to affordable prices with excellent quality and longer shelf life.
Growing adoption of alternate energy coupled with increasing number of decommissioned panels will drive the solar panel recycling market in Asia-Pacific and Europe.
This market research study provides a detailed qualitative and quantitative analysis of the global solar panels recycling market. Various secondary sources, such as encyclopedia, directories, industry journals, and databases are used to identify and collect information useful for this extensive commercial study of the polyester market. The primary sources include experts from related industries and suppliers who have been interviewed to obtain and verify critical information as well as to assess the future prospects of the market.
Competitive scenarios of the top players in the solar panel recycling market have been discussed in detail. Leading players of this industry with their recent developments and other strategic industry activities are also covered in the report. Companies, such as Silcontel, Eiki Shoji Ltd, Envaris, IG Solar Private, Reiling Glass Recycling, Suzhou Shangyunda Electronics, PV Recycling, LLC, Cellnex Energy, Canadian Solar, ECS Refining, REMA PV Systems, Darfon Electronics Corporation, Rinovasol, and others are operating in this market.
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