Global Solar Panel Recycling Management Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Process;

Thermal, Mechanical and Laser.

By Product;

Monocrystalline, Polycrystalline and Thin Films PV Cells.

By Shelf Life;

Early Loss and Normal Loss.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn280910030 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Solar Panel Recycling Management Market (USD Million), 2021 - 2031

In the year 2024, the Global Solar Panel Recycling Management Market was valued at USD 2,793.15 million. The size of this market is expected to increase to USD 6,827.76 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.6%.

The end-of-life management of solar panel waste presents a significant opportunity to recover valuable materials and promote sustainability. According to the International Renewable Energy Agency, the potential worth of recoverable raw materials from retired solar panels globally is substantial, equivalent to the cost of materials needed to produce millions of new panels. By diverting solar panels from landfills to recycling facilities, not only is space preserved in landfills, but also the valuable materials within the panels can be reclaimed, contributing to a circular economy approach.

Recycling companies specializing in solar panel waste are investing in infrastructure and technologies to efficiently handle the expected volume of end-of-life panels. These businesses are scaling up their operations and commercializing recycling processes to extract maximum value from retired panels. For instance, companies like SOLAR CYCLE are collaborating with solar system providers to recover up to 95% of the value of a solar panel through recycling. The recovered materials, such as silicon, glass, and metals, can then be reintegrated into the supply chain to manufacture new panels or utilized in other industries, reducing the need for virgin resources and minimizing environmental impact.

The transition to a circular economy model for solar panel waste management not only addresses environmental concerns but also creates economic opportunities, including job creation. By establishing robust recycling infrastructure and processes, countries can generate employment in the green technology sector while simultaneously reducing reliance on finite resources. Furthermore, promoting the recycling of solar panels aligns with sustainability goals and enhances the long-term viability of the renewable energy industry by closing the materials loop and reducing waste.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Process
    2. Market Snapshot, By Product
    3. Market Snapshot, By Shelf Life
    4. Market Snapshot, By Region
  4. Global Solar Panel Recycling Management Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Sustainability
        2. Circular economy
        3. Resource recovery
        4. Raw material scarcity
      2. Restraints
        1. Lack of Regulations
        2. Technological Challenges
        3. Cost Constraints
        4. Limited Awareness
      3. Opportunities
        1. Resource Recovery
        2. Circular Economy
        3. Raw Material Reclamation
        4. Waste Minimization
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Solar Panel Recycling Management Market, By Process, 2021 - 2031 (USD Million)
      1. Thermal
      2. Mechanical
      3. Laser
    2. Global Solar Panel Recycling Management Market, By Product, 2021 - 2031 (USD Million)
      1. Monocrystalline
      2. Polycrystalline
      3. Thin Films PV Cells
    3. Global Solar Panel Recycling Management Market, By Shelf Life, 2021 - 2031 (USD Million)
      1. Early Loss
      2. Normal Loss
    4. Global Solar Panel Recycling Management Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Morgen Industries
      2. Inc.
      3. Reclaim PV Recycling Pty Ltd
      4. Silcontel LTD
      5. Reiling Glasrecycling Danmark ApS
      6. ENVARIS GmbH
      7. First Solar
      8. Total Green Recycling
  7. Analyst Views
  8. Future Outlook of the Market