Dublin, March 01, 2019 (GLOBE NEWSWIRE) -- The "Global Solar Panel Recycling Market By Type (Monocrystalline, Polycrystalline, Thin Film & Others), By Process (Thermal, Mechanical, Laser), By Shelf Life (Normal Loss, Early Loss), By Region, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.

The Global solar panel recycling market is projected to grow at a robust double digit CAGR of around 20% to cross $300 million by 2024, owing to increasing adoption of solar power as a source of energy and favorable government regulations supporting sustainable development.

Recycling solar panels is a relatively complex task, as these panels contain different types of materials which need to be separated to be properly recycled. Solar panel recycling has both tremendous environmental and economic benefits.

Growing energy crisis, high rate of carbon emissions, and increasing concerns about environmental protection have stimulated the need for sustainable power generation, globally. The growing number of pacts and initiatives related to the implementation of solar energy projects, across the world, is the main factor supporting the increased installation of solar panels or PV modules, which, in turn, is driving the solar panel recycling market.

In terms of type, solar panel recycling market is categorized into monocrystalline, polycrystalline, thin film & others. Of these types, monocrystalline dominated the global market in 2018 and is expected to register a healthy growth rate during the forecast period. The wide adoption of monocrystalline solar panels is resulting in them ending up for recycling more than any of the other solar panel types and thereby driving the solar panel recycling market for the monocrystalline type.

Regionally, Asia-Pacific solar panel recycling market is expected to grow at the fastest rate. Growing environment sustainability concerns and cost advantages of solar panel recycling in emerging economies, such as China and India, are expected to aid the region's solar panel recycling market in the coming years. Moreover, North America is anticipated to register significant growth in solar panel recycling market during the forecast period. Backed by increasing use of solar PV panels coupled with stringent recycling regulations, United States solar panel recycling market is likely to exhibit robust growth.

The Global solar panel recycling market is fragmented, owing to the presence of several established and regional vendors. Increasing R&D activities are leading to the development of more efficient recycling techniques, thus boosting the value addition from recycled materials. Moreover, this is resulting in high market competition, which is expected to further intensify in the coming years. Few of the major companies operating in the global solar panel recycling market are Silcontel Ltd., Rinovasol Group, Reiling GmbH & Co. KG, ENVARIS GmbH and ECS Refining LLC.

Years considered for this report:

Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024

Objective of the Study:

• To analyze and forecast the global solar panel recycling market size, in terms of value.
• To forecast the global solar panel recycling market based on type, process, shelf life and regional distribution.
• To identify drivers and challenges for the global solar panel recycling market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in the global solar panel recycling market.
• To conduct the pricing analysis for the global solar panel recycling market.
• To identify and analyze the profile of leading players operating in the global solar panel recycling market.

Topics Covered

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer
4.1. Brand Awareness
4.2. Brand Recall
4.3. Brand Satisfaction
4.4. Factors Influencing Purchase Decision
4.5. Challenges/Issues Faced Post Purchase
4.6. Unmet Needs

5. Global Solar Panel Recycling Market Overview

6. Global Solar Panel Recycling Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type (Monocrystalline, Polycrystalline, Thin Film & Others)
6.2.2. By Process (Thermal, Mechanical, Laser)
6.2.3. By Shelf Life (Normal Loss, Early Loss)
6.2.4. By Company
6.2.5. By Region
6.3. Market Attractiveness Index

7. Asia-Pacific Solar Panel Recycling Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Process
7.2.3. By Shelf Life
7.2.4. By Country
7.3. Asia-Pacific: Country Analysis
7.3.1. China Solar Panel Recycling Market Outlook
7.3.2. India Solar Panel Recycling Market Outlook
7.3.3. Japan Solar Panel Recycling Market Outlook
7.3.4. South Korea Solar Panel Recycling Market Outlook
7.3.5. Australia Solar Panel Recycling Market Outlook
7.3.6. Singapore Solar Panel Recycling Market Outlook
7.3.7. Malaysia Solar Panel Recycling Market Outlook

8. Europe Solar Panel Recycling Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Process
8.2.3. By Shelf Life
8.2.4. By Country
8.3. Europe: Country Analysis
8.3.1. France Solar Panel Recycling Market Outlook
8.3.2. Germany Solar Panel Recycling Market Outlook
8.3.3. United Kingdom Solar Panel Recycling Market Outlook
8.3.4. Italy Solar Panel Recycling Market Outlook
8.3.5. Spain Solar Panel Recycling Market Outlook

9. North America Solar Panel Recycling Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Process
9.2.3. By Shelf Life
9.2.4. By Country
9.3. Market Attractiveness Index
9.4. North America: Country Analysis
9.4.1. United States Solar Panel Recycling Market Outlook
9.4.2. Mexico Solar Panel Recycling Market Outlook
9.4.3. Canada Solar Panel Recycling Market Outlook

10. South America Solar Panel Recycling Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Process
10.2.3. By Shelf Life
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Solar Panel Recycling Market Outlook
10.3.2. Argentina Solar Panel Recycling Market Outlook
10.3.3. Chile Solar Panel Recycling Market Outlook

11. Middle East and Africa Solar Panel Recycling Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Type
11.2.2. By Process
11.2.3. By Shelf Life
11.2.4. By Country
11.3. Market Attractiveness Index
11.4. MEA: Country Analysis
11.4.1. South Africa Solar Panel Recycling Market Outlook
11.4.2. Saudi Arabia Solar Panel Recycling Market Outlook
11.4.3. UAE Solar Panel Recycling Market Outlook
11.4.4. Nigeria Solar Panel Recycling Market Outlook

12. Market Dynamics
12.1. Drivers
12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape
14.1. Competition Outlook
14.2. Company Profiles
14.2.1. Basic Details
14.2.2. Financials (As reported)
14.2.3. Supply Chain Analysis
14.2.4. Key Market Focus and Geographical Presence
14.2.5. Planned Investments
14.2.6. Pricing of Target Products
14.2.7. Market positioning
14.3. Global Players Profiled (Leading Companies)
15.3.1 Silcontel Ltd.
15.3.2 Rinovasol Group
15.3.3 Reiling GmbH & Co. KG
15.3.4 ENVARIS GmbH
15.3.5 ECS Refining LLC
15.3.6 Reclaim PV Recycling Pty. Ltd.
15.3.7 Silrec Corporation
15.3.8 Canadian Solar Inc.
15.3.9 Yingli Green Energy Holding Company Limited
15.3.10 First Solar Inc.

15. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/ggpqwg/the_worldwide?w=12

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Related Topics: Recycling and Recycled Materials, Photovoltaics