According to Market Research Future (MRFR)’s new
study, the global solar panel recycling market is projected to expand at a CAGR
of 33% during the forecast period 2018 to 2023. The market is expected to be
valued at USD 300 Mn towards the end of 2023. The strong value maintained by
the renewable energy sector coupled with rising investments in solar power
generation is likely to catalyze the expansion of the solar panel recycling
market over the assessment period. Investments are prognosticated to flow
towards solar advance technologies, which is anticipated to open new avenues of
growth opportunities for the market participants. Additionally, the thriving
rate of PV installation has paved the way for rising volume of decommissioned
PV panels. This, in turn, is poised to expedite the proliferation of the solar
panel recycling market in the foreseeable future.
Report Overview:
This MRFR’s report offers a five-year forecast (2018
to 2023) for the global solar panel recycling market. It highlights the current
market status and industry trends. For market sizing, all the types of solar
panel recycling such as silicon solar panels, monocrystalline solar panels,
polycrystalline solar panels, and thin-film solar panels are profiled. A
revenue analysis of different processes encompasses thermal, mechanical, and
laser. The solar panel recycling market is also studied on the basis of shelf
life for an in-depth study, which includes normal loss and early loss. The
geographical study of the solar panel recycling market spans across North
America, Europe, Asia Pacific, and Rest of the World.
Companies Covered:
Some of the key players operating in the global solar
panel recycling market are Yingli Energy Co, Silcontel, Reclaim PV Recycling,
Zorlu Holding, First Solar, Canadian Solar Inc, Rinovasol Group, Reiling GmbH
& Co, ECS Refining LLC, and Silrec Corporation.
Access Full Report at: https://www.marketresearchfuture.com/reports/solar-panel-recycling-market-6701
Segmental Analysis:
MRFR’s report offers a comprehensive segmental
analysis of the global solar panel recycling market based on type,
process, and shelf life. By type, the market has been segmented into silicon
solar panels, monocrystalline solar panels, polycrystalline solar panels,
thin-film solar panels. The silicon solar panel holds the largest share of the
market and is likely to strike a relatively higher CAGR during the review
period.
By process, the solar panel recycling market has been
segmented into thermal, mechanical, and laser. The mechanical segment is
expected to witness high demand and exhibit substantial growth over the next
few years.
By shelf life, the market has been segmented into
normal loss and early loss. The normal loss segment holds the major share of
the market and is prognosticated to expand its market presence across the
projection period.
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About
Market Research Future:
MRFR team have supreme objective to
provide the optimum quality market research and intelligence services to our
clients. Our market research studies by Components, Application, Logistics and
market players for global, regional, and country level market segments, enable
our clients to see more, know more, and do more, which help to answer all their
most important questions.
Contact:
Market Research Future
+1 646 845 9312
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