
Solar component recycling refers to the process of properly disposing of and recycling solar panels and other components at the end of their lifespan. It is an essential part of sustainable solar energy production and aims to reduce waste, recover valuable materials, and minimize the environmental impact of solar panel disposal.
The global Solar Component Recycling market is projected to reach US$ 2018.2 million in 2029, increasing from US$ 1280 million in 2022, with the CAGR of 6.8% during the period of 2023 to 2029.
The global solar component recycling market refers to the market for recycling and reusing components from end-of-life solar panels and other solar energy system components.
Solar panels and other solar energy system components, such as inverters, batteries, and mounting structures, have a certain lifespan after which they may no longer operate at optimal efficiency. As the adoption of solar energy continues to grow, the need for proper disposal and recycling of these components is becoming increasingly important to minimize environmental impact and maximize resource utilization.
The recycling process for solar components typically involves several steps, which may include:
Collection: Solar panels and other components are collected from end-of-life or decommissioned solar installations. This can be done through various channels such as recycling programs, solar industry associations, and commercial recycling companies.
Sorting and disassembly: The collected components are sorted and disassembled to separate different materials such as glass, aluminum, silicon, copper, and other metals. This step ensures that each material can be recycled or reused efficiently.
Material recovery: The separated materials are then processed to recover valuable resources. For example, silicon from solar panels can be recycled to produce new solar cells, while metals like aluminum and copper can be smelted and used in various industries.
Waste treatment: Any remaining non-recyclable or hazardous waste is treated using appropriate methods to minimize environmental impact.
The global solar component recycling market is driven by several factors, including increasing government regulations and incentives promoting sustainable waste management practices, growing environmental concerns, and the desire for resource efficiency. Additionally, the decreasing cost of solar energy and the increasing lifespan of solar panels are expected to contribute to the growth of this market.
The market includes recycling companies specializing in solar component recycling, as well as manufacturers and installers of solar energy systems that may have their own recycling programs or partnerships with recycling facilities. Additionally, research and development efforts are underway to develop more efficient and cost-effective recycling methods for solar components.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Solar Component Recycling market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Yingli Energy Co. Ltd
First Solar
Canadian Solar Inc.
Silcontel
Reclaim PV Recycling
Sharp Corporation
Sunpower Corporation
Envaris
JA Solar Co., Ltd
Renesola
Recycle Solar Technologies Limited
Total Green Recycling
Segment by Type
Glass
Plastic
Silicon
Metal
Others
Segment by Application
Residential
Commercial
Industrial
Public Utilities
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Solar Component Recycling report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Solar Component Recycling Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Glass
1.2.3 Plastic
1.2.4 Silicon
1.2.5 Metal
1.2.6 Others
1.3 Market by Application
1.3.1 Global Solar Component Recycling Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.3.5 Public Utilities
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Solar Component Recycling Market Perspective (2018-2029)
2.2 Solar Component Recycling Growth Trends by Region
2.2.1 Global Solar Component Recycling Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Solar Component Recycling Historic Market Size by Region (2018-2023)
2.2.3 Solar Component Recycling Forecasted Market Size by Region (2024-2029)
2.3 Solar Component Recycling Market Dynamics
2.3.1 Solar Component Recycling Industry Trends
2.3.2 Solar Component Recycling Market Drivers
2.3.3 Solar Component Recycling Market Challenges
2.3.4 Solar Component Recycling Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Solar Component Recycling Players by Revenue
3.1.1 Global Top Solar Component Recycling Players by Revenue (2018-2023)
3.1.2 Global Solar Component Recycling Revenue Market Share by Players (2018-2023)
3.2 Global Solar Component Recycling Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Solar Component Recycling Revenue
3.4 Global Solar Component Recycling Market Concentration Ratio
3.4.1 Global Solar Component Recycling Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Solar Component Recycling Revenue in 2022
3.5 Solar Component Recycling Key Players Head office and Area Served
3.6 Key Players Solar Component Recycling Product Solution and Service
3.7 Date of Enter into Solar Component Recycling Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Solar Component Recycling Breakdown Data by Type
4.1 Global Solar Component Recycling Historic Market Size by Type (2018-2023)
4.2 Global Solar Component Recycling Forecasted Market Size by Type (2024-2029)
5 Solar Component Recycling Breakdown Data by Application
5.1 Global Solar Component Recycling Historic Market Size by Application (2018-2023)
5.2 Global Solar Component Recycling Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Solar Component Recycling Market Size (2018-2029)
6.2 North America Solar Component Recycling Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Solar Component Recycling Market Size by Country (2018-2023)
6.4 North America Solar Component Recycling Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Solar Component Recycling Market Size (2018-2029)
7.2 Europe Solar Component Recycling Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Solar Component Recycling Market Size by Country (2018-2023)
7.4 Europe Solar Component Recycling Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Solar Component Recycling Market Size (2018-2029)
8.2 Asia-Pacific Solar Component Recycling Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Solar Component Recycling Market Size by Region (2018-2023)
8.4 Asia-Pacific Solar Component Recycling Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Solar Component Recycling Market Size (2018-2029)
9.2 Latin America Solar Component Recycling Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Solar Component Recycling Market Size by Country (2018-2023)
9.4 Latin America Solar Component Recycling Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Solar Component Recycling Market Size (2018-2029)
10.2 Middle East & Africa Solar Component Recycling Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Solar Component Recycling Market Size by Country (2018-2023)
10.4 Middle East & Africa Solar Component Recycling Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Yingli Energy Co. Ltd
11.1.1 Yingli Energy Co. Ltd Company Detail
11.1.2 Yingli Energy Co. Ltd Business Overview
11.1.3 Yingli Energy Co. Ltd Solar Component Recycling Introduction
11.1.4 Yingli Energy Co. Ltd Revenue in Solar Component Recycling Business (2018-2023)
11.1.5 Yingli Energy Co. Ltd Recent Development
11.2 First Solar
11.2.1 First Solar Company Detail
11.2.2 First Solar Business Overview
11.2.3 First Solar Solar Component Recycling Introduction
11.2.4 First Solar Revenue in Solar Component Recycling Business (2018-2023)
11.2.5 First Solar Recent Development
11.3 Canadian Solar Inc.
11.3.1 Canadian Solar Inc. Company Detail
11.3.2 Canadian Solar Inc. Business Overview
11.3.3 Canadian Solar Inc. Solar Component Recycling Introduction
11.3.4 Canadian Solar Inc. Revenue in Solar Component Recycling Business (2018-2023)
11.3.5 Canadian Solar Inc. Recent Development
11.4 Silcontel
11.4.1 Silcontel Company Detail
11.4.2 Silcontel Business Overview
11.4.3 Silcontel Solar Component Recycling Introduction
11.4.4 Silcontel Revenue in Solar Component Recycling Business (2018-2023)
11.4.5 Silcontel Recent Development
11.5 Reclaim PV Recycling
11.5.1 Reclaim PV Recycling Company Detail
11.5.2 Reclaim PV Recycling Business Overview
11.5.3 Reclaim PV Recycling Solar Component Recycling Introduction
11.5.4 Reclaim PV Recycling Revenue in Solar Component Recycling Business (2018-2023)
11.5.5 Reclaim PV Recycling Recent Development
11.6 Sharp Corporation
11.6.1 Sharp Corporation Company Detail
11.6.2 Sharp Corporation Business Overview
11.6.3 Sharp Corporation Solar Component Recycling Introduction
11.6.4 Sharp Corporation Revenue in Solar Component Recycling Business (2018-2023)
11.6.5 Sharp Corporation Recent Development
11.7 Sunpower Corporation
11.7.1 Sunpower Corporation Company Detail
11.7.2 Sunpower Corporation Business Overview
11.7.3 Sunpower Corporation Solar Component Recycling Introduction
11.7.4 Sunpower Corporation Revenue in Solar Component Recycling Business (2018-2023)
11.7.5 Sunpower Corporation Recent Development
11.8 Envaris
11.8.1 Envaris Company Detail
11.8.2 Envaris Business Overview
11.8.3 Envaris Solar Component Recycling Introduction
11.8.4 Envaris Revenue in Solar Component Recycling Business (2018-2023)
11.8.5 Envaris Recent Development
11.9 JA Solar Co., Ltd
11.9.1 JA Solar Co., Ltd Company Detail
11.9.2 JA Solar Co., Ltd Business Overview
11.9.3 JA Solar Co., Ltd Solar Component Recycling Introduction
11.9.4 JA Solar Co., Ltd Revenue in Solar Component Recycling Business (2018-2023)
11.9.5 JA Solar Co., Ltd Recent Development
11.10 Renesola
11.10.1 Renesola Company Detail
11.10.2 Renesola Business Overview
11.10.3 Renesola Solar Component Recycling Introduction
11.10.4 Renesola Revenue in Solar Component Recycling Business (2018-2023)
11.10.5 Renesola Recent Development
11.11 Recycle Solar Technologies Limited
11.11.1 Recycle Solar Technologies Limited Company Detail
11.11.2 Recycle Solar Technologies Limited Business Overview
11.11.3 Recycle Solar Technologies Limited Solar Component Recycling Introduction
11.11.4 Recycle Solar Technologies Limited Revenue in Solar Component Recycling Business (2018-2023)
11.11.5 Recycle Solar Technologies Limited Recent Development
11.12 Total Green Recycling
11.12.1 Total Green Recycling Company Detail
11.12.2 Total Green Recycling Business Overview
11.12.3 Total Green Recycling Solar Component Recycling Introduction
11.12.4 Total Green Recycling Revenue in Solar Component Recycling Business (2018-2023)
11.12.5 Total Green Recycling Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Yingli Energy Co. Ltd
First Solar
Canadian Solar Inc.
Silcontel
Reclaim PV Recycling
Sharp Corporation
Sunpower Corporation
Envaris
JA Solar Co., Ltd
Renesola
Recycle Solar Technologies Limited
Total Green Recycling
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*If Applicable.
