Solar Panel Recycling Market 2020-2027 by Process (Mechanical, Thermal, Laser, Chemical), Panel Type (Monocrystalline, Polycrystalline, Thin Film), Shelf Life (Early Loss, Normal Loss), and Region: Trend Outlook and Growth Opportunity
- Report ID: 3403
- Date: Sep, 2021
- Pages: 145
- Category: Energy & Power
Global solar panel recycling market will reach $365.6 million by 2027, growing by 19.3% annually over 2020-2027 driven by the growing demand for clean energy on account of environmental protection, increasing growing adoption of solar power as a renewable source of energy, and rising support of the government toward sustainable development.
Highlighted with 86 tables and 69 figures, this 145-page report “Global Solar Panel Recycling Market 2020-2027 by Process (Mechanical, Thermal, Laser, Chemical), Panel Type (Monocrystalline, Polycrystalline, Thin Film), Shelf Life (Early Loss, Normal Loss), and Region: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire global solar panel recycling market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
The report is based on studies on 2017-2019 and provides estimate/forecast from 2020 till 2027 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global solar panel recycling market in every aspect of the classification from perspectives of Process, Panel Type, Shelf Life, and Region.
Based on Process, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Mechanical Recycling
• Thermal Recycling
• Laser Recycling
• Chemical Recycling
• Other Processes
Based on Panel Type, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Monocrystalline Solar Panels
• Polycrystalline Solar Panels
• Thin Film Solar Panels
Based on Shelf Life, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Early Loss
• Normal Loss
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Egypt, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of all regional markets by country and split of key national markets by Process, Panel Type, and Shelf Life over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Canadian Solar Inc.
EIKI SHOJI Co. Ltd.
First Solar Inc.
Interco Trading Inc.
PV Cycle a.i.s.b.l.
Reclaim PV Recycling Pty Ltd.
Reiling GmbH & Co. KG
REMA PV Systém AS
Rinovasol GMBH
Sharp Corporation
Silcontel Ltd.
SunPower Corporation
Trina Solar Co., Ltd.
Yingli Energy Co. Ltd.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 22
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 29
2.4 Emerging Opportunities and Market Trends 32
2.5 Porter’s Fiver Forces Analysis 36
3 Segmentation of Global Market by Process 40
3.1 Market Overview by Process 40
3.2 Mechanical Recycling 42
3.3 Thermal Recycling 43
3.4 Laser Recycling 44
3.5 Chemical Recycling 45
3.6 Other Processes 46
4 Segmentation of Global Market by Panel Type 47
4.1 Market Overview by Panel Type 47
4.2 Monocrystalline Solar Panels 49
4.3 Polycrystalline Solar Panels 50
4.4 Thin Film Solar Panels 51
5 Segmentation of Global Market by Shelf Life 52
5.1 Market Overview by Shelf Life 52
5.2 Early Loss 54
5.3 Normal Loss 55
6 Segmentation of Global Market by Region 56
6.1 Geographic Market Overview 2020-2027 56
6.2 North America Market 2020-2027 by Country 61
6.2.1 Overview of North America Market 61
6.2.2 U.S. 64
6.2.3 Canada 67
6.2.4 Mexico 69
6.3 European Market 2020-2027 by Country 71
6.3.1 Overview of European Market 71
6.3.2 UK 75
6.3.3 France 77
6.3.4 Germany 79
6.3.5 Spain 81
6.3.6 Italy 83
6.3.7 Russia 85
6.3.8 Rest of European Market 87
6.4 Asia-Pacific Market 2020-2027 by Country 89
6.4.1 Overview of Asia-Pacific Market 89
6.4.2 China 93
6.4.3 Japan 95
6.4.4 India 98
6.4.5 Australia 100
6.4.6 South Korea 102
6.4.7 Rest of APAC Region 104
6.5 South America Market 2020-2027 by Country 106
6.5.1 Argentina 109
6.5.2 Brazil 111
6.5.3 Chile 113
6.5.4 Rest of South America Market 115
6.6 MEA Market 2020-2027 by Country 116
6.6.1 UAE 119
6.6.2 Egypt 121
6.6.3 South Africa 123
6.6.4 Other National Markets 125
7 Competitive Landscape 126
7.1 Overview of Key Vendors 126
7.2 New Product Launch, Partnership, Investment, and M&A 129
7.3 Company Profiles 130
Canadian Solar Inc. 130
EIKI SHOJI Co. Ltd. 132
First Solar Inc. 133
Interco Trading Inc. 134
PV Cycle a.i.s.b.l. 135
Reclaim PV Recycling Pty Ltd. 136
Reiling GmbH & Co. KG 137
REMA PV Systém AS 138
Rinovasol GMBH 139
Sharp Corporation 140
Silcontel Ltd. 141
SunPower Corporation 142
Trina Solar Co., Ltd. 143
Yingli Energy Co. Ltd. 144
Related Reports and Products 145
List of Tables
Table 1. Snapshot of Global Solar Panel Recycling Market in Balanced Perspective, 2020-2027 18Table 2. Growth Rate of World GDP, 2020-2022 21
Table 3. Main Product Trends and Market Opportunities in Global Solar Panel Recycling Market 32
Table 4. Global Solar Panel Recycling Market by Process, 2017-2027, $ mn 40
Table 5. Global Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 47
Table 6. Global Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 52
Table 7. Global Solar Panel Recycling Market by Region, 2017-2027, $ mn 57
Table 8. Global Installed Capacity of Solar PV by Region, 2017-2019, GW 59
Table 9. Net Solar PV Capacity Additions by Region, 2017-2019, GW 59
Table 10. Leading National Solar Panel Recycling Market, 2020 and 2027, $ mn 60
Table 11. North America Solar Panel Recycling Market by Country, 2017-2027, $ mn 63
Table 12. North America Installed Capacity of Solar PV by Country, 2017-2019, GW 63
Table 13. U.S. Solar Panel Recycling Market by Process, 2017-2027, $ mn 66
Table 14. U.S. Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 66
Table 15. U.S. Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 66
Table 16. Canada Solar Panel Recycling Market by Process, 2017-2027, $ mn 68
Table 17. Canada Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 68
Table 18. Canada Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 68
Table 19. Mexico Solar Panel Recycling Market by Process, 2017-2027, $ mn 70
Table 20. Mexico Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 70
Table 21. Mexico Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 70
Table 22. Europe Solar Panel Recycling Market by Country, 2017-2027, $ mn 73
Table 23. Europe Installed Capacity of Solar PV by Country, 2017-2019, GW 74
Table 24. UK Solar Panel Recycling Market by Process, 2017-2027, $ mn 76
Table 25. UK Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 76
Table 26. UK Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 76
Table 27. France Solar Panel Recycling Market by Process, 2017-2027, $ mn 78
Table 28. France Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 78
Table 29. France Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 78
Table 30. Germany Solar Panel Recycling Market by Process, 2017-2027, $ mn 80
Table 31. Germany Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 80
Table 32. Germany Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 80
Table 33. Spain Solar Panel Recycling Market by Process, 2017-2027, $ mn 82
Table 34. Spain Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 82
Table 35. Spain Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 82
Table 36. Italy Solar Panel Recycling Market by Process, 2017-2027, $ mn 84
Table 37. Italy Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 84
Table 38. Italy Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 84
Table 39. Russia Solar Panel Recycling Market by Process, 2017-2027, $ mn 86
Table 40. Russia Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 86
Table 41. Russia Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 86
Table 42. Solar Panel Recycling Market in Rest of Europe by Country, 2017-2027, $ mn 88
Table 43. APAC Solar Panel Recycling Market by Country, 2017-2027, $ mn 91
Table 44. APAC Installed Capacity of Solar PV by Country, 2017-2019, GW 92
Table 45. China Solar Panel Recycling Market by Process, 2017-2027, $ mn 94
Table 46. China Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 94
Table 47. China Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 94
Table 48. Japan Solar Panel Recycling Market by Process, 2017-2027, $ mn 97
Table 49. Japan Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 97
Table 50. Japan Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 97
Table 51. India Solar Panel Recycling Market by Process, 2017-2027, $ mn 99
Table 52. India Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 99
Table 53. India Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 99
Table 54. Australia Solar Panel Recycling Market by Process, 2017-2027, $ mn 101
Table 55. Australia Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 101
Table 56. Australia Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 101
Table 57. South Korea Solar Panel Recycling Market by Process, 2017-2027, $ mn 103
Table 58. South Korea Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 103
Table 59. South Korea Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 103
Table 60. Solar Panel Recycling Market in Rest of APAC by Country/Region, 2017-2027, $ mn 105
Table 61. South America Solar Panel Recycling Market by Country, 2017-2027, $ mn 108
Table 62. South America Installed Capacity of Solar PV by Country, 2017-2019, GW 108
Table 63. Argentina Solar Panel Recycling Market by Process, 2017-2027, $ mn 110
Table 64. Argentina Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 110
Table 65. Argentina Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 110
Table 66. Brazil Solar Panel Recycling Market by Process, 2017-2027, $ mn 112
Table 67. Brazil Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 112
Table 68. Brazil Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 112
Table 69. Chile Solar Panel Recycling Market by Process, 2017-2027, $ mn 114
Table 70. Chile Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 114
Table 71. Chile Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 114
Table 72. MEA Solar Panel Recycling Market by Country, 2017-2027, $ mn 118
Table 73. MEA Installed Capacity of Solar PV by Country, 2017-2019, GW 118
Table 74. UAE Solar Panel Recycling Market by Process, 2017-2027, $ mn 120
Table 75. UAE Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 120
Table 76. UAE Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 120
Table 77. Egypt Solar Panel Recycling Market by Process, 2017-2027, $ mn 122
Table 78. Egypt Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 122
Table 79. Egypt Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 122
Table 80. South Africa Solar Panel Recycling Market by Process, 2017-2027, $ mn 124
Table 81. South Africa Solar Panel Recycling Market by Panel Type, 2017-2027, $ mn 124
Table 82. South Africa Solar Panel Recycling Market by Shelf Life, 2017-2027, $ mn 124
Table 83. Canadian Solar Inc.: Company Snapshot 130
Table 84. Canadian Solar Inc.: Business Segmentation 130
Table 85. Canadian Solar Inc.: Product Portfolio 131
Table 86. Canadian Solar Inc.: Revenue, 2017-2019, $ mn 131
List of Figures
Figure 1. Research Method Flow Chart 12Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2027 17
Figure 4. Global Solar Panel Recycling Market, 2017-2027, $ mn 19
Figure 5. Impact of COVID-19 on Business 22
Figure 6. Primary Drivers and Impact Factors of Global Solar Panel Recycling Market 24
Figure 7. World Solar Power Electricity Generation, 2017-2027, TWh 27
Figure 8. World Installed Capacity of Solar PV, 2017-2027, GW 28
Figure 9. Primary Restraints and Impact Factors of Global Solar Panel Recycling Market 29
Figure 10. Investment Opportunity Analysis 33
Figure 11. Porter’s Fiver Forces Analysis of Global Solar Panel Recycling Market 36
Figure 12. Breakdown of Global Solar Panel Recycling Market by Process, 2020-2027, % of Revenue 40
Figure 13. Contribution to Global 2021-2027 Cumulative Revenue by Process, Value ($ mn) and Share (%) 41
Figure 14. Global Solar Panel Recycling Market: Mechanical Recycling, 2017-2027, $ mn 42
Figure 15. Global Solar Panel Recycling Market: Thermal Recycling, 2017-2027, $ mn 43
Figure 16. Global Solar Panel Recycling Market: Laser Recycling, 2017-2027, $ mn 44
Figure 17. Global Solar Panel Recycling Market: Chemical Recycling, 2017-2027, $ mn 45
Figure 18. Global Solar Panel Recycling Market: Other Processes, 2017-2027, $ mn 46
Figure 19. Breakdown of Global Solar Panel Recycling Market by Panel Type, 2020-2027, % of Revenue 47
Figure 20. Contribution to Global 2021-2027 Cumulative Revenue by Panel Type, Value ($ mn) and Share (%) 48
Figure 21. Global Solar Panel Recycling Market: Monocrystalline Solar Panels, 2017-2027, $ mn 49
Figure 22. Global Solar Panel Recycling Market: Polycrystalline Solar Panels, 2017-2027, $ mn 50
Figure 23. Global Solar Panel Recycling Market: Thin Film Solar Panels, 2017-2027, $ mn 51
Figure 24. Breakdown of Global Solar Panel Recycling Market by Shelf Life, 2020-2027, % of Revenue 52
Figure 25. Contribution to Global 2021-2027 Cumulative Revenue by Shelf Life, Value ($ mn) and Share (%) 53
Figure 26. Global Solar Panel Recycling Market: Early Loss, 2017-2027, $ mn 54
Figure 27. Global Solar Panel Recycling Market: Normal Loss, 2017-2027, $ mn 55
Figure 28. Global Market Snapshot by Region 56
Figure 29. Geographic Spread of Worldwide Solar Panel Recycling Market, 2020-2027, % of Revenue 57
Figure 30. Contribution to Global 2021-2027 Cumulative Revenue by Region, Value ($ mn) and Share (%) 58
Figure 31. North American Solar Panel Recycling Market, 2017-2027, $ mn 62
Figure 32. Breakdown of North America Solar Panel Recycling Market by Country, 2020 and 2027, % of Revenue 62
Figure 33. Contribution to North America 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 63
Figure 34. U.S. Solar Panel Recycling Market, 2017-2027, $ mn 65
Figure 35. Canada Solar Panel Recycling Market, 2017-2027, $ mn 67
Figure 36. Solar Panel Recycling Market in Mexico, 2017-2027, $ mn 69
Figure 37. European Solar Panel Recycling Market, 2017-2027, $ mn 72
Figure 38. Breakdown of European Solar Panel Recycling Market by Country, 2020 and 2027, % of Revenue 72
Figure 39. Contribution to Europe 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 73
Figure 40. Solar Panel Recycling Market in UK, 2017-2027, $ mn 75
Figure 41. Solar Panel Recycling Market in France, 2017-2027, $ mn 77
Figure 42. Solar Panel Recycling Market in Germany, 2017-2027, $ mn 79
Figure 43. Solar Panel Recycling Market in Spain, 2017-2027, $ mn 81
Figure 44. Solar Panel Recycling Market in Italy, 2017-2027, $ mn 83
Figure 45. Solar Panel Recycling Market in Russia, 2017-2027, $ mn 85
Figure 46. Solar Panel Recycling Market in Rest of Europe, 2017-2027, $ mn 87
Figure 47. Asia-Pacific Solar Panel Recycling Market, 2017-2027, $ mn 90
Figure 48. Breakdown of APAC Solar Panel Recycling Market by Country, 2020 and 2027, % of Revenue 90
Figure 49. Contribution to APAC 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 91
Figure 50. Solar Panel Recycling Market in China, 2017-2027, $ mn 93
Figure 51. Solar Panel Recycling Market in Japan, 2017-2027, $ mn 96
Figure 52. Solar Panel Recycling Market in India, 2017-2027, $ mn 98
Figure 53. Solar Panel Recycling Market in Australia, 2017-2027, $ mn 100
Figure 54. Solar Panel Recycling Market in South Korea, 2017-2027, $ mn 102
Figure 55. Solar Panel Recycling Market in Rest of APAC, 2017-2027, $ mn 104
Figure 56. South America Solar Panel Recycling Market, 2017-2027, $ mn 107
Figure 57. Breakdown of South America Solar Panel Recycling Market by Country, 2020 and 2027, % of Revenue 107
Figure 58. Contribution to South America 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 108
Figure 59. Solar Panel Recycling Market in Argentina, 2017-2027, $ mn 109
Figure 60. Solar Panel Recycling Market in Brazil, 2017-2027, $ mn 111
Figure 61. Solar Panel Recycling Market in Chile, 2017-2027, $ mn 113
Figure 62. Solar Panel Recycling Market in Rest of South America, 2017-2027, $ mn 115
Figure 63. Solar Panel Recycling Market in Middle East and Africa (MEA), 2017-2027, $ mn 117
Figure 64. Breakdown of MEA Solar Panel Recycling Market by Country, 2020 and 2027, % of Revenue 117
Figure 65. Contribution to MEA 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 118
Figure 66. Solar Panel Recycling Market in UAE, 2017-2027, $ mn 119
Figure 67. Solar Panel Recycling Market in Egypt, 2017-2027, $ mn 121
Figure 68. Solar Panel Recycling Market in South Africa, 2017-2027, $ mn 123
Figure 69. Growth Stage of Global Solar Panel Recycling Industry over the Forecast Period 126
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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