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Impact of COVID-19 on Solar Panel Recycling Market : Implications on Business

Solar Panel Recycling Market: Introduction

  • The global solar panel recycling market was valued at ~US$ 40 Mn in 2018 and is anticipated to expand at a CAGR of ~37% during the forecast period
  • Based on process, the combination segment dominated the global solar panel recycling market in 2018. It comprises combination of different processes such as thermal, chemical, and mechanical.
  • Based on product, the silicon-based PV segment constituted dominant share of the global solar panel recycling market in 2018. Silicon-based PV has large installed base; as a result, silicon-based solar PV panels are estimated to hold large share of the solar panel recycling market in the near future.

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Key Drivers of Solar Panel Recycling Market

  • Rise in number of end-of-life solar panels across the globe is anticipated to drive the solar panel recycling market during the forecast period
  • Deployment of solar photovoltaic panels has been increasing significantly. Solar photovoltaic modules have a useful lifespan of approximately 25 years to 30 years.
  • The number of photovoltaic modules that reach the end of their useful life is likely to increase substantially after the time lag of operation and decrease in efficiency, resulting in waste generation
  • Sustainable waste management provides the benefits of 3Rs: reduce, reuse, and recycle. When a product cannot be repaired or reused, recycling is the next preferable option before its disposal as waste.
  • Solar panel recycling has become an important emerging market, owing to the presence of large volume of waste photovoltaic modules

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Europe Offers Lucrative Opportunities to Solar Panel Recycling Market

  • Europe is anticipated to be a highly attractive region of the global solar panel recycling market during the forecast period. The solar panel recycling market in Europe is estimated to expand at a significant pace between 2019 and 2027, as the region has the highest installed base of solar energy. Increase in number of end-of-life solar panels is anticipated to result in a rise in solar panel waste. Thus, demand for solar panel recycling is expected to increase in Europe in the near future.

Major Developments in Solar Panel Recycling Market

  • In January 2019, The Ministry of New and Renewable Energy (MNRE), India, proposed to follow the glass recycling procedure for solar photovoltaic (PV) panels under a new framework. It is expected to be made mandatory for solar power developers. Producers would be made responsible for ensuring recycling of end-of-life glass panels as part of their extended responsibility as in the case of e-waste, which covers used lead-acid batteries, packaging materials, etc.

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Competition Landscape of Solar Panel Recycling Market

  • The global solar panel recycling market is highly consolidated. A few international players hold significant share of the global solar panel recycling market.
  • Major players operating in the global solar panel recycling market are Morgen Industries, Inc., PV Recycling, Reclaim PV Recycling, Silcontel Ltd, Reiling Glasrecycling Danmark ApS, ECS Refining LLC, Envaris, SunPower Corporation, Reclaim PV Recycling Pty Ltd, First Solar, Recycle Solar Technologies Limited, and Total Green Recycling

Global Solar Panel Recycling Market: Segmentation

Solar Panel Recycling Marketby Process

  • Thermal
  • Mechanical
  • Chemical
  • Combination
  • Laser

Solar Panel Recycling Marketby Product

  • Silicon-based PV
  • Thin Film PV
  • Others (including Amorphous Silicon)

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Comprehensive Report on Solar Panel Recycling Market 2020 | Size, Growth, Demand, Opportunities & Forecast To 2026 | First Solar, Rinovasol, Silcontel, Reiling Group, ECS Refining LLC

Solar Panel Recycling Market research report is the new statistical data source added by A2Z Market Research.

“Solar Panel Recycling Market is growing at a High CAGR during the forecast period 2020-2026. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market”.

Solar Panel Recycling Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.

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Top Key Players Profiled in this report are: 

First Solar, Rinovasol, Silcontel, Reiling Group, ECS Refining LLC, Yingli Energy Co. Ltd, Silrec Corporation., Envaris, Reclaim PV Recycling, Canadian Solar

The key questions answered in this report:

  1. What will be the Market Size and Growth Rate in the forecast year?
  2. What are the Key Factors driving Solar Panel Recycling Market?
  3. What are the Risks and Challenges in front of the market?
  4. Who are the Key Vendors in Solar Panel Recycling Market?
  5. What are the Trending Factors influencing the market shares?
  6. What are the Key Outcomes of Porter’s five forces model?
  7. Which are the Global Opportunities for Expanding the Solar Panel Recycling Market?

Various factors are responsible for the market’s growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Solar Panel Recycling market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Solar Panel Recycling market’s trajectory between forecast periods.

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Global Solar Panel Recycling Market Segmentation:

Market Segmentation by Type:

Monocrystalline
Polycrystalline
Thin film

Market Segmentation by Application:

Thermal
Mechanical
Laser

Regions Covered in the Global Solar Panel Recycling Market Report 2020:
• The Middle East and Africa (GCC Countries and Egypt)
• North America (the United States, Mexico, and Canada)
• South America (Brazil etc.)
• Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

The report provides insights on the following pointers:

  1. Market Penetration: Comprehensive information on the product portfolios of the top players in the Solar Panel Recycling market.
  2. Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
  3. Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
  4. Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
  5. Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Solar Panel Recycling market.

Table of Contents

Global Solar Panel Recycling Market Research Report 2020 – 2026

Chapter 1 Solar Panel Recycling Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Solar Panel Recycling Market Forecast

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Solar Panel Recycling Market Size (2020-2026) | Know About Brand Players: Envaris, Canadian Solar, First Solar, Yingli Energy Co. Ltd.

Fort Collins, Colorado – The report titled “Solar Panel Recycling Market: Size, Trends and Forecasts (2020-2026)”, delivers an in-depth analysis of the Solar Panel Recycling market by value, by production capacity, by companies, by applications, by segments, by region, etc.

The report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the Solar Panel Recycling industry. Growth of the overall Solar Panel Recycling market has also been forecasted for the period 2020-2026, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.

Solar Panel Recycling market garnered a revenue of USD 78.2 million in the year 2019 globally and has been foreseen to yield USD 402.1 million by the year 2027 at a compound annual growth (CAGR) of 19.7% over the forecast period.

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The Major Players Profiled in this Report include

  • Envaris
  • Canadian Solar, Inc.
  • First Solar
  • Yingli Energy Co. Ltd.
  • Reclaim PV Recycling
  • Rinovasol
  • ECS Refining LLC
  • Silrec Corporation
  • Reiling Group
  • Silcontel

Impact of COVID-19:

Solar Panel Recycling Market report analyses the impact of Coronavirus (COVID-19) on the Solar Panel Recycling industry. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; emergency declared in many countries; massive slowing of the supply chain; stock market unpredictability; falling business assurance, growing panic among the population, and uncertainty about future.The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Solar Panel Recycling market in 2020.

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Market Segments and Sub-segments Covered in the Report are as per below:

Solar Panel Recycling Market, By Type (2016-2027)

  • Monocrystalline
  • Polycrystalline
  • Thin film

Solar Panel Recycling Market, By Process (2016-2027)

  • Thermal
  • Mechanical
  • Laser

Solar Panel Recycling Market, By Shelf Life (2016-2027)

  • Normal loss
  • Early loss

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Key Questions answered in the Report:

  • What is the size of the overall Solar Panel Recycling market and its segments?
  • What is the Solar Panel Recycling market size at the regional and country-level?
  • Who are the key market players and their key competitors?
  • Market value- chain and key trends impacting every node with reference to companies
  • What are the strategies for growth adopted by the key players in Solar Panel Recycling market?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities and challenges of the Solar Panel Recycling market and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Market?
  • How does a particular company rank against its competitors with respect to revenue, profit comparison, operational efficiency, cost competitiveness and market capitalization?
  • How financially strong are the key players in Solar Panel Recycling market (revenue and profit margin, market capitalization, expenditure analysis, investment analysis)?

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Solar Panel Recycling Market 2020 Recovering From Covid-19 Outbreak | Know About Brand Players: Envaris, Canadian Solar, First Solar, Yingli Energy Co. Ltd.

Fort Collins, Colorado – The Solar Panel Recycling Market report by Reports Globe provides a detailed analysis of the area marketplace expanding; competitive landscape; global, regional, and country-level market size; market growth analysis; market share; opportunities analysis; product launches; recent developments; sales analysis; segmentation growth; technological innovations; and value chain optimization. The report offers a comprehensive list of key players, the strategies they adopt to sustain in the market. All of this and more information is covered in XXX pages.

The Coronavirus (COVID-19) pandemic has affected every aspect of life worldwide. It has forced various industries to re-evaluate their strategies and adopt new ones to sustain during these trying times. The latest report includes the current COVID-19 impact on the market.

Solar Panel Recycling market garnered a revenue of USD 78.2 million in the year 2019 globally and has been foreseen to yield USD 402.1 million by the year 2027 at a compound annual growth (CAGR) of 19.7% over the forecast period.

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The report contains a detailed analysis of the major players in the market, as well as their business overview, expansion plans and strategies. Key players explored in the report include:

  • Envaris
  • Canadian Solar, Inc.
  • First Solar
  • Yingli Energy Co. Ltd.
  • Reclaim PV Recycling
  • Rinovasol
  • ECS Refining LLC
  • Silrec Corporation
  • Reiling Group
  • Silcontel

The Global Solar Panel Recycling Market report is a comprehensive analysis of the current and future analysis, which is based on historic data. This provides the reader with quantified data, enabling them to take well informed business decisions. The report has been written using primary and secondary research. It includes predictive analysis, Porter’s 5 force analysis, SWOT analysis, and real-time analytics. Several graphs have been provided to support the data and for a clear understanding of various facts and figures.

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The report has been divided into product types, application, end-users, and regions. These segments provide accurate calculations and forecasts for sales in terms of volume and value. This analysis can help customers increase their business and to take calculated decisions.

Solar Panel Recycling Market, By Type (2016-2027)

  • Monocrystalline
  • Polycrystalline
  • Thin film

Solar Panel Recycling Market, By Process (2016-2027)

  • Thermal
  • Mechanical
  • Laser

Solar Panel Recycling Market, By Shelf Life (2016-2027)

  • Normal loss
  • Early loss

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The market is geographically spread across several key geographic regions and the report includes regional analysis as well as production, consumption, revenue and market share in these regions for the 2020-2027 forecast period. Regions include North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

Competitive Scenario of the Solar Panel Recycling Market

The chapter on competitive landscape provides information about key company overview, global presence, sales & revenue generated, company market share, and strategies initiatives.

Our analysts engage in extensive primary and secondary research to cull out in-depth and authentic information. Primary research includes gathering information from official government and company websites, journals, and reports. Secondary research includes interviews conducted with VPs, chairmen, directors, and other distinguished sales managers.

Key Questions Addressed in the Report:

  • In which segments is significant growth expected over the forecast period?
  • What is the forecast for the growth of the Solar Panel Recycling market?
  • What factors can hinder market growth?
  • What are the main drivers of industry growth?
  • Which region will dominate in the forecast period?
  • Which markets are important for business development?
  • What is the industry’s projected growth rate over the forecast period?
  • Which market segments are expected to drive industry growth?
  • Who Dominates the Solar Panel Recycling Industry?
  • What strategic business plans are being implemented by key industry players?

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Energy News

Solar Panel Recycling Market Analysis 2020 | Know the Growth Factors and Future Scope Post COVID-19 Outbreak

The global solar panel recycling market is expected to generate a revenue of $269.8 million by 2023, increasing from $80.7 million in 2017, advancing at a 22.0% CAGR during the forecast period (2018–2023), as per a study conducted by P&S Intelligence. Favorable government regulation that support sustainable development and the rising adoption of solar power as a source of energy are the major driving factors of the market. On the basis of process, the market is divided into laser, thermal, and mechanical.

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Out of these, the mechanical process accounted for the major share of the market in the past, holding more than 55.0% share of the market in 2017. The eco-friendly and economical nature of this recycling process is leading to its high demand. In terms of type, the market is categorized into thin film, polycrystalline, and monocrystalline, out of which, the monocrystalline type dominated the market in the past, accounting for over 50.0% market share in 2017.

These solar panel are preferred widely, owing to their beneficial features, such as superior grade material, greater efficiency, longer shelf life, relatively higher space efficiency, and excellent heat resistance. The thin-film category is expected to register the highest CAGR in the solar panel recycling market during the forecast period. The adoption of these solar panels is projected to rise due to their flexibility, temperature resistance, and light weight in the coming years, thereby driving the market during the forecast period.

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Geographically, the European region dominated the solar panel recycling market in the past, contributing over 40.0% value share to the market in 2017. The stringent regulations regarding solar panel waste management is majorly leading to the growth of the regional domain. The Asia-Pacific region is expected to witness the highest CAGR during the forecast period, owing to increasing concerns regarding environmental sustainability and cost advantages of solar panel recycling in developing countries, including India and China.

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Solar Panel Recycling Market Size & Revenue Analysis | Veolia, Experia Solution, First Solar, Morgen Industries, Reclaim PV Recycling, SunPower, Envaris, Silcontel Ltd, Recycle Solar Technologies Limited, Reiling Glasrecycling Danmark ApS

 

JCMR recently announced market survey which covers overall in-depth study including additional study on COVID-19 impacted market situation on Global Solar Panel Recycling Market. The Research Article Entitled Global Solar Panel Recycling Market provides very useful reviews & strategic assessment including the generic market trends, upcoming & innovative technologies, industry drivers, challenges, regulatory policies that propel this Universal market place, and major players profile and strategies. The research study provides forecasts for Solar Panel Recycling investments till 2029.

 

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Following Key Segments covers in the Global Solar Panel Recycling Market

 

Solar Panel Recycling Segment Details
Market Analysis By Companies Veolia, Experia Solution, First Solar, Morgen Industries, Reclaim PV Recycling, SunPower, Envaris, Silcontel Ltd, Recycle Solar Technologies Limited, Reiling Glasrecycling Danmark ApS, CMK Recycling, Eiki Shoji, Echo Environmental, 3R Recycling, Chaoqiang Silicon Material, Cascade Eco Minerals (CEM), FabTech, Cleanlites Recycling, Suzhou Bocai E-energy, Euresi, Sinopower Holding, Suzhou Shangyunda, Kunshan Suda Jingwei Electronic Technology, Jiangsu Juxin Energy Silicon Technology, KWB Planreal, GET Green Energy, Suzhou Shunhui New Energy Technology, Green Lights Recycling, Geltz Umwelttechnologie, Immark
Market Analysis By Type Silicon Solar Cells, Metal Framing, Glass Sheets, Wires, Other
Market Analysis By Applications   Glass Manufacturing, Precious Metals Industry, Aluminum Refinery, Cement Plant, Other
Market Analysis By Regions along with their respective countries         North America, Europe, China, Japan, Rest of the World

 

Geographically, this report is segmented into several key Regions along with their respective countries, with production, consumption, revenue (million USD), and market share and growth rate of Solar Panel Recycling in these regions, from 2012 to 2029 (forecast), covering

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There are following 15 Chapters to display the Global Solar Panel Recycling Market.

Table of Contents
1 Market Overview
1.1 Global Solar Panel Recycling Introduction
1.2 Market Analysis by Silicon Solar Cells, Metal Framing, Glass Sheets, Wires, Other
1.3 Market Analysis by Glass Manufacturing, Precious Metals Industry, Aluminum Refinery, Cement Plant, Other
1.4 Market Analysis by North America, Europe, China, Japan, Rest of the World
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force

2 Manufacturers Profiles
2.1.1 Business Overview
2.1.2 Global Solar Panel Recycling Market Type and Applications
2.1.3 Solar Panel Recycling Sales, Price, Revenue, Gross Margin and Market Share and SWOT analysis (2019-2020)

3 Global Solar Panel Recycling Market Competition, by Manufacturer
4 Global Solar Panel Recycling Market Analysis by Regions including their countries
5 North America, Europe, China, Japan, Rest of the World

6 Product Type- Silicon Solar Cells, Metal Framing, Glass Sheets, Wires, Other

7 Application Type- Glass Manufacturing, Precious Metals Industry, Aluminum Refinery, Cement Plant, Other

8 Key players- Veolia, Experia Solution, First Solar, Morgen Industries, Reclaim PV Recycling, SunPower, Envaris, Silcontel Ltd, Recycle Solar Technologies Limited, Reiling Glasrecycling Danmark ApS, CMK Recycling, Eiki Shoji, Echo Environmental, 3R Recycling, Chaoqiang Silicon Material, Cascade Eco Minerals (CEM), FabTech, Cleanlites Recycling, Suzhou Bocai E-energy, Euresi, Sinopower Holding, Suzhou Shangyunda, Kunshan Suda Jingwei Electronic Technology, Jiangsu Juxin Energy Silicon Technology, KWB Planreal, GET Green Energy, Suzhou Shunhui New Energy Technology, Green Lights Recycling, Geltz Umwelttechnologie, Immark
.
.
.
10 Global Solar Panel Recycling Market Segment by Silicon Solar Cells, Metal Framing, Glass Sheets, Wires, Other
11 Global Solar Panel Recycling Market Segment by Application
12 Global Solar Panel Recycling Market COVID-19 Impacted Forecast (2020-2028)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
….Continued

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Research Methodology while conducting the study of Global Solar Panel Recycling Market

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That allow us greater flexibility for reaching out industry participants and commentators for interviews and
• Validates and improves the data quality and strengthens research proceeds
• Further develops analyst team’s market understanding and expertise
• Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
• Chief executives and VPs of leading corporations specific to industry
• Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

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Our analyst refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
• Patent and regulatory databases for understanding of technical & legal developments
• Scientific and technical writings for product information and related pre-emption’s
• Regional government and statistical databases for macro analysis
• Authentic new articles, web-casts and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
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Coronavirus Energy News

Impact of COVID-19 on Solar Panel Recycling Market : Implications on Business

Solar Panel Recycling Market: Introduction

  • The global solar panel recycling market was valued at ~US$ 40 Mn in 2018 and is anticipated to expand at a CAGR of ~37% during the forecast period
  • Based on process, the combination segment dominated the global solar panel recycling market in 2018. It comprises combination of different processes such as thermal, chemical, and mechanical.
  • Based on product, the silicon-based PV segment constituted dominant share of the global solar panel recycling market in 2018. Silicon-based PV has large installed base; as a result, silicon-based solar PV panels are estimated to hold large share of the solar panel recycling market in the near future.
  • Based on material, the glass segment held significant share of the global solar panel recycling market in 2018. It consists of the highest share of the overall solar module and can be recycled up to 95% of the total waste.
  • The solar panel recycling market in Europe is projected to expand at a substantial pace during the forecast period, owing to high installed base of solar panels in the region

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Key Drivers of Solar Panel Recycling Market

  • Rise in number of end-of-life solar panels across the globe is anticipated to drive the solar panel recycling market during the forecast period
  • Deployment of solar photovoltaic panels has been increasing significantly. Solar photovoltaic modules have a useful lifespan of approximately 25 years to 30 years.
  • The number of photovoltaic modules that reach the end of their useful life is likely to increase substantially after the time lag of operation and decrease in efficiency, resulting in waste generation
  • Sustainable waste management provides the benefits of 3Rs: reduce, reuse, and recycle. When a product cannot be repaired or reused, recycling is the next preferable option before its disposal as waste.
  • Solar panel recycling has become an important emerging market, owing to the presence of large volume of waste photovoltaic modules

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Europe Offers Lucrative Opportunities to Solar Panel Recycling Market

  • Europe is anticipated to be a highly attractive region of the global solar panel recycling market during the forecast period. The solar panel recycling market in Europe is estimated to expand at a significant pace between 2019 and 2027, as the region has the highest installed base of solar energy. Increase in number of end-of-life solar panels is anticipated to result in a rise in solar panel waste. Thus, demand for solar panel recycling is expected to increase in Europe in the near future.

Major Developments in Solar Panel Recycling Market

  • In January 2019, The Ministry of New and Renewable Energy (MNRE), India, proposed to follow the glass recycling procedure for solar photovoltaic (PV) panels under a new framework. It is expected to be made mandatory for solar power developers. Producers would be made responsible for ensuring recycling of end-of-life glass panels as part of their extended responsibility as in the case of e-waste, which covers used lead-acid batteries, packaging materials, etc.

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Competition Landscape of Solar Panel Recycling Market

  • The global solar panel recycling market is highly consolidated. A few international players hold significant share of the global solar panel recycling market.
  • Major players operating in the global solar panel recycling market are Morgen Industries, Inc., PV Recycling, Reclaim PV Recycling, Silcontel Ltd, Reiling Glasrecycling Danmark ApS, ECS Refining LLC, Envaris, SunPower Corporation, Reclaim PV Recycling Pty Ltd, First Solar, Recycle Solar Technologies Limited, and Total Green Recycling

Global Solar Panel Recycling Market: Segmentation

Solar Panel Recycling Marketby Process

  • Thermal
  • Mechanical
  • Chemical
  • Combination
  • Laser

Solar Panel Recycling Marketby Product

  • Silicon-based PV
  • Thin Film PV
  • Others (including Amorphous Silicon)

Solar Panel Recycling Marketby Material

  • Glass
  • Plastic
  • Aluminum
  • Silicon
  • Metal

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Solar Panel Recycling Market Growing at Steady CAGR to 2020-2027 | Leading Players – Envaris, Canadian Solar, First Solar, Yingli Energy Co. Ltd., Reclaim PV Recycling, Rinovasol, ECS Refining LLC, Silrec Corporation