Lucintel's latest study found that, The future of the global solar panel recycling market looks promising with opportunities in the crystalline silicon and thin film markets. The global solar panel recycling market is expected to reach an estimated $292.0 million by 2030 with a CAGR of 12.2% from 2024 to 2030. The major drivers for this market are progressive shift in the energy sector from conventional to renewable, increased awareness of the harm that solar panel waste causes to the environment, as well as, government programs to lower carbon footprints and increase funding for infrastructure based on renewable energy.

In this market, thermal, mechanical, and laser are the major segments of solar panel recycling market by process.

Lucintel forecasts that mechanical will remain the largest segment over the forecast period because physical dismantling of solar panels yields smaller, recyclable modules made of silicon, glass, and aluminum, and the technique is easy to use, inexpensive, and capable of recovering a significant amount of important components from the solar panels.

Browse in depth TOC of the Solar Panel Recycling Market

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Solar Panel Recycling Market is marked by presence of several big and small players. Canadian Solar, First Solar, Hanwha Group, JA Solar, Reclaim PV Recycling, Reiling Group, Renesola, Sharp, Sunpower, and Trina Solar are the major suppliers in the solar panel recycling market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].