太陽光パネルリサイクル市場 – 2030年までの世界予測

Solar Panel Recycling Market - Global Forecast To 2030

太陽光パネルリサイクル市場 - タイプ(単結晶、多結晶)、保存期間(早期損失、通常損失)、プロセス(機械式、ハイブリッド)、材質(シリコン、金属、プラスチック、ガラス) - 2030年までの世界予測
Solar Panel Recycling Market by Type (Monocrystalline, Polycrystalline), Shelf Life (Early Loss, Normal Loss), Process (Mechanical, Hybrid), Material (Silicon, Metal, Plastic, Glass) - Global Forecast to 2030

商品番号 : SMB-55485


出版社MarketsandMarkets
出版年月2025年6月
ページ数256
図表数279
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートは、太陽光パネルリサイクル市場を種類、保存期間、プロセス、材料、地域に基づいてセグメント化し、様々な地域における市場全体の価値の推定値を示しています。主要業界プレーヤーの詳細な分析を実施し、太陽光パネルリサイクル市場に関連する事業概要、製品・サービス、主要戦略、および事業拡大に関する洞察を提供しています。

The solar panel recycling market size is projected to grow from USD  0.46 billion in 2025 to USD 1.12 billion by 2030, registering a CAGR of 19.5% during the forecast period.

太陽光パネルのリサイクル市場規模は、2025年の4億6,000万米ドルから2030年には11億2,000万米ドルに拡大し、予測期間中に19.5%のCAGRを記録すると予測されています。

Demand for solar panel recycling is spurred by various drivers, such as the high rate of solar energy installation across the globe, which leads to the generation of high quantities of end-of-life solar panels in need of environmentally friendly disposal. Concerns over electronic waste and the negative effects of harmful disposal further drive recycling efforts. Moreover, the strict government policies and regulations in Europe, North America, and Asia require the environmentally responsible waste management of solar panels, which supports recycling. Economic benefits are also important, as recoverable materials such as silicon, silver, aluminum, and glass can be reused and recycled, limiting raw material extraction.

太陽光パネルのリサイクル需要は、様々な要因によって促進されています。例えば、世界的に太陽光発電の導入率が高いことが挙げられます。これにより、環境に配慮した方法で廃棄する必要がある、寿命を迎えた太陽光パネルが大量に発生します。電子機器廃棄物や有害廃棄物の悪影響に対する懸念も、リサイクルへの取り組みをさらに推進しています。さらに、欧州、北米、アジアでは、厳格な政府政策と規制により、太陽光パネルの廃棄物管理において環境に配慮した管理が求められており、これがリサイクルを後押ししています。シリコン、銀、アルミニウム、ガラスなどの回収可能な材料は再利用・リサイクルが可能で、原材料の採取を抑制できるため、経済的なメリットも重要です。

太陽光パネルリサイクル市場 - 2030年までの世界予測
solar-panel-recycling-market-Overview

“ Polycrystalline segment to be the fastest-growing type of the solar panel recycling market in terms of value during the forecast period, (2025-2030)”

Polycrystalline solar panels is projected to be the fastest-growing type of the solar panel recycling market mainly because they are most commonly used and have a lower operational life compared to monocrystalline solar panels. Polycrystalline panels have traditionally been cheaper and less difficult to manufacture, resulting in their large-scale implementation in commercial solar installations in emerging and developed economies. Consequently, they capture a large portion of the world’s installed solar capacity. However, polycrystalline panels generally have reduced efficiency and shorter lifespans than monocrystalline panels and result in earlier replacement cycles and increased volumes of waste at the end-of-life stage. It is this increasing number of retired polycrystalline panels that is driving demand for effective recycling solutions. Regulatory policies in economies such as Europe, North America, and Asia are further encouraging the recycling of older panels, especially those made from polycrystalline silicon.

“Early loss is projected to be the fastest-growing shelf life segment of the solar panel recycling market in terms of value, during the forecast period, (2025-2030)”

The early loss segment is the most rapidly growing in the solar panel recycling industry because of the increasing number of solar panels decommissioned early. The causes of early loss include defects at the manufacturing stages, low-quality materials, faulty installation, extreme weather conditions, and accidental damage during handling or maintenance. As global solar uptake gains pace, particularly in markets with ambitious deployment targets, the sheer volume of installations increases the likelihood of early failures. Panels tend to be replaced in fewer than five years of operation due to performance degradation, safety reasons, or because more efficient technology is available. This creates large quantities of solar waste earlier than expected, prompting the urgent need for proper recycling methods. Additionally, utility-scale solar projects tend to undergo partial failures wherein the defective panels are replaced in batches, adding to the early loss volume.

“Mechanical to be fastest-growing process segment of solar panel recycling market in terms of value, during the forecast period, (2025-2030)”

Mechanical recycling is the most rapidly growing segment in the solar panel recycling industry because it is cost-effective, scalable, and easy to operate. This is done through the physical dismantling of the solar panels via shredding, crushing, and sorting methods to retrieve materials like aluminum frames, glass, copper wiring, and junction boxes. In contrast to chemical or heat processes, mechanical recycling does not involve costly machinery or toxic chemicals, thus, is more economically and environmentally friendly for mass application. In addition, materials recycled through mechanical recycling, particularly aluminum and glass, can be used directly in other industries as in a circular economy. Regulations by governments and recycling requirements in regions such as Europe and North America are also driving the use of standardized, low-cost recycling technologies, such as mechanical separation. Further, improvements in automation and material sorting technologies are also increasing the recovery rates and profitability of mechanical recycling.

“Metal to be the fastest-growing material segment of the solar panel recycling market in terms of value, during the forecast period, (2025-2030)”

Metals represent the most rapidly expanding material segment of the solar panel recycling industry because they hold high economic value, strong industrial demand, and ease of recovery in comparison to other elements. Solar panels are composed of several precious metals, including aluminum, copper, and silver. Aluminum is commonly used for panel frames, copper is utilized in electrical wiring and connections, and silver is utilized in photovoltaic cells for the transmission of electricity. As the numbers of retired solar panels rise, the potential to reclaim the metals has become increasingly appealing to manufacturers and recyclers. The premium market prices for copper and silver, in particular, make their recovery economically feasible and lucrative even from the smaller amounts recovered. These metals are also crucial to various industries, such as electronics, automotive, and renewable energy, which guarantee constant demand. Technological innovations in the recycling technology are enhancing the effectiveness and accuracy of metal recovery, thus further contributing to the growth of this sector. Moreover, increasing worldwide focus on the conservation of resources and principles of circular economy are promoting the recovery and reuse of metals to avoid dependence on mining and minimize environmental deterioration.

太陽光パネルリサイクル市場 - 2030年までの世界予測 region
solar-panel-recycling-market-Region

“North America is projected to be the fastest-growing region in the solar panel recycling market in terms of value, during the forecast period, (2025-2030)”

North America, and specifically the US, is the most rapidly expanding market in solar panel recycling as a result of the synergy of very high growth rates in solar installations, developing regulatory landscapes, and increased environmental consciousness. The US has experienced exponential growth in solar capacity during the last decade on the basis of government incentives, reducing costs of photovoltaic technology, and robust corporate and consumer demand for clean energy. Consequently, considerable numbers of solar panels are reaching the end of their lifespan, leading to the urgent requirement for effective recycling mechanisms. Furthermore, the US federal government and some states have started imposing increasingly stringent regulations and policies for dealing with electronic waste, including solar panels, to reduce the negative impacts on the environment and ensure the sustainable use of resources. Extended Producer Responsibility (EPR) programs and solar panel waste landfill bans in states such as California and Washington are prompting manufacturers and installers to use recycling programs, driving further market development. Public and private investments in state-of-the-art recycling technologies are also on the rise, enhancing recovery rates of valuable materials, including silicon, glass, and metals. In addition, increased corporate and consumer focus on the circular economy and sustainability principles is spurring demand for responsible end-of-life management of solar products.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the solar panel recycling market, and information was gathered through secondary research to determine and verify the market size of several segments.

  • By Company Type: Tier 1 – 35%, Tier 2 – 35%, and Tier 3 – 30%
  • By Designation: Managers– 30%, Directors – 10%, and Others – 60%
  • By Region: Europe – 30%, North America – 25%, Asia-Pacific – 25%, Middle East & Africa – 10%, South America – 10%

The solar panel recycling market comprises major players, such as First Solar (US),  Reiling GmbH & Co. KG (Germany), The Retrofit Companies, Inc. (US), Rinovasol Global Services B. V. (Netherlands), ROSI (France), We Recycle Solar (US), SILCONTEL LTD (Israel), Etavolt Pte. Ltd. (Singapore), PV Industries (Australia), and SOLARCYCLE, Inc. (US). The study includes an in-depth competitive analysis of these key players in the solar panel recycling market, along with their company profiles, recent developments, and key market strategies adopted.

太陽光パネルリサイクル市場 - 2030年までの世界予測 ecosystem
solar-panel-recycling-market-Ecosystem

Research Coverage

This report segments the market for solar panel recycling on the basis of type, shelf life, process, material, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, and expansions associated with the market for solar panel recycling.

Key Benefits of Buying this Report

This research report focuses on various levels of analyses — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape; emerging and high-growth segments of the solar panel recycling market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Analysis of Drivers: (Increasing value of recycled materials), restraints (Technological limitations in material extraction), opportunities (Supportive government initiatives), and challenges (High cost of recycling than landfilling) influencing the growth of the solar panel recycling market.
  • Market Penetration: Comprehensive information on solar panel recycling offered by the top players in the global solar panel recycling market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, expansions, joint ventures, collaborations, and partnerships in the solar panel recycling market.
  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for solar panel recycling across regions.
  • Market Capacity: Production capacities of solar panel recycling companies are provided wherever available with upcoming capacities for the solar panel recycling market.
  • Competitive Assessment: In-depth assessment of shares, strategies, products, and manufacturing capabilities of leading players in the solar panel recycling market.

Table of Contents

1               INTRODUCTION              25

1.1           STUDY OBJECTIVES       25

1.2           MARKET DEFINITION   25

1.3           STUDY SCOPE   26

1.3.1        MARKETS COVERED AND REGIONAL SNAPSHOTS                 26

1.3.2        INCLUSIONS & EXCLUSIONS       27

1.3.3        YEARS CONSIDERED      27

1.4           STUDY UNITS CONSIDERED       28

1.4.1        CURRENCY/VALUE UNIT              28

1.4.2        VOLUME UNIT  28

1.5           LIMITATIONS    28

1.6           STAKEHOLDERS               28

2               RESEARCH METHODOLOGY       29

2.1           RESEARCH DATA              29

2.1.1        SECONDARY DATA          30

2.1.1.1    Key data from secondary sources       30

2.1.2        PRIMARY DATA 30

2.1.2.1    Key data from primary sources           31

2.1.2.2    Key primary sources             32

2.1.2.3    Key participants from primary interviews         32

2.1.2.4    Breakdown of interviews with experts               32

2.1.2.5    Key industry insights           33

2.2           BASE NUMBER CALCULATION   33

2.2.1        APPROACH 1: SUPPLY-SIDE ANALYSIS   33

2.2.2        APPROACH 2: DEMAND-SIDE ANALYSIS                33

2.3           GROWTH FORECAST      34

2.3.1        SUPPLY SIDE     34

2.3.2        DEMAND SIDE  34

2.4           MARKET SIZE ESTIMATION         34

2.4.1        BOTTOM-UP APPROACH              35

2.4.2        TOP-DOWN APPROACH                35

2.5           DATA TRIANGULATION                36

2.6           RESEARCH ASSUMPTIONS           37

2.7           GROWTH FORECAST      38

2.8           RISK ASSESSMENT           38

2.9           FACTOR ANALYSIS          39

3               EXECUTIVE SUMMARY  40

4               PREMIUM INSIGHTS       45

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SOLAR PANEL RECYCLING MARKET      45

4.2           SOLAR PANEL RECYCLING MARKET, BY TYPE    46

4.3           SOLAR PANEL RECYCLING MARKET, BY COUNTRY                 46

5               MARKET OVERVIEW       47

5.1           INTRODUCTION              47

5.2           MARKET DYNAMICS       47

5.2.1        DRIVERS               48

5.2.1.1    Increase in value of recycled materials              48

5.2.1.2    Need to reduce electronic waste and landfills 49

5.2.1.3    Growth in volume of recyclable material          50

5.2.2        RESTRAINTS      50

5.2.2.1    Technological limitations in material extraction              50

5.2.3        OPPORTUNITIES              51

5.2.3.1    Supportive government initiatives     51

5.2.3.2    AI and robotics integration to improve solar panel recycling accuracy 52

5.2.4        CHALLENGES    52

5.2.4.1    Lack of accessible, dedicated solar panel recycling plants in most regions   52

5.2.4.2    Higher cost of recycling than landfilling           53

5.3           GENERATIVE AI                54

5.3.1        INTRODUCTION              54

5.3.2        IMPACT ON SOLAR PANEL RECYCLING MARKET                 55

6               INDUSTRY TRENDS         56

6.1           INTRODUCTION              56

6.2           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            56

6.3           VALUE CHAIN ANALYSIS               57

6.3.1        COLLECTION OF END-OF-LIFE SOLAR PANELS 58

6.3.2        MATERIAL RECOVERY AND SEPARATION             58

6.3.3        MANUFACTURING OF RECYCLED MATERIALS   59

6.3.4        END CONSUMERS            59

6.4           IMPACT OF 2025 US TARIFFS      59

6.4.1        INTRODUCTION              59

6.4.2        KEY TARIFF RATES          60

6.4.3        PRICE IMPACT ANALYSIS             60

6.4.4        IMPACT ON REGION      60

6.4.4.1    North America      60

6.4.4.2    Europe   60

6.4.4.3    Asia Pacific            61

6.4.5        IMPACT ON MATERIALS               61

6.5           INVESTMENT LANDSCAPE AND FUNDING SCENARIO                 61

6.6           PRICING ANALYSIS          62

6.6.1        AVERAGE SELLING PRICE TREND OF SOLAR PANEL RECYCLING MARKET, BY REGION            62

6.6.2        AVERAGE SELLING PRICE TREND OF SOLAR PANEL RECYCLING MARKET, BY TYPE  63

6.6.3        AVERAGE SELLING PRICE TREND OF SOLAR PANEL RECYCLING MARKET AMONG KEY PLAYERS, BY TYPE    63

6.7           ECOSYSTEM ANALYSIS  64

6.8           TECHNOLOGY ANALYSIS             66

6.8.1        KEY TECHNOLOGIES     66

6.8.2        COMPLEMENTARY TECHNOLOGIES       67

6.8.3        ADJACENT TECHNOLOGIES       67

6.9           PATENT ANALYSIS          67

6.9.1        METHODOLOGY              67

6.9.2        PATENTS GRANTED WORLDWIDE           68

6.9.2.1    Patent publication trends    68

6.9.3        INSIGHTS            68

6.9.4        LEGAL STATUS OF PATENTS      69

6.9.5        JURISDICTION ANALYSIS              69

6.9.6        TOP APPLICANTS            70

6.9.7        LIST OF KEY PATENTS   71

6.10         TRADE ANALYSIS             74

6.10.1      IMPORT SCENARIO (HS CODE 854140)    74

6.10.2      EXPORT SCENARIO (HS CODE 854140)    75

6.11         KEY CONFERENCES & EVENTS   75

6.12         TARIFF AND REGULATORY LANDSCAPE               76

6.12.1      TARIFF DATA RELATED TO SOLAR PANEL RECYCLING MARKET               76

6.12.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             76

6.12.3      REGULATIONS RELATED TO SOLAR PANEL RECYCLING MARKET               82

6.13         PORTER’S FIVE FORCES ANALYSIS           83

6.13.1      THREAT OF SUBSTITUTES          84

6.13.2      THREAT OF NEW ENTRANTS      84

6.13.3      BARGAINING POWER OF SUPPLIERS       84

6.13.4      BARGAINING POWER OF BUYERS             84

6.13.5      INTENSITY OF COMPETITIVE RIVALRY 85

6.14         KEY STAKEHOLDERS AND BUYING CRITERIA     85

6.14.1      KEY STAKEHOLDERS IN BUYING PROCESS           85

6.14.2      BUYING CRITERIA           86

6.15         MACROECONOMIC OUTLOOK  87

6.15.1      GDP TRENDS AND FORECASTS OF MAJOR ECONOMIES                 87

6.16         CASE STUDY ANALYSIS 88

6.16.1      RECYCLING END-OF-LIFE SOLAR PHOTOVOLTAIC (PV) PANELS: CHALLENGES, OPPORTUNITIES, AND CURRENT STATE OF RECYCLING TECHNOLOGIES                88

6.16.2      DOE’S ACTION PLAN FOR SAFE AND RESPONSIBLE HANDLING OF PHOTOVOLTAIC END-OF-LIFE MATERIALS TO SUPPORT SOLAR ENERGY DEPLOYMENT AND DECARBONIZATION      88

7               SOLAR PANEL RECYCLING MARKET, BY TYPE    90

7.1           INTRODUCTION              91

7.2           POLYCRYSTALLINE         93

7.2.1        ENVIRONMENTALLY AND ECONOMICALLY EFFICIENT OPTIONS TO DRIVE MARKET     93

7.3           MONOCRYSTALLINE      94

7.3.1        SUPERIOR SILICON QUALITY AND LONG-TERM ECONOMIC RETURNS TO FUEL GROWTH             94

7.4           OTHER TYPES   95

7.4.1        CADMIUM TELLURIDE (CDTE)  95

7.4.2        COPPER INDIUM GALLIUM SELENIDE (CIGS)     95

8               SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE                 96

8.1           INTRODUCTION              97

8.2           EARLY LOSS        98

8.2.1        ACCELERATED WEAR NECESSITATES EARLY SOLAR WASTE RECOVERY AND RECYCLING SOLUTIONS             98

8.3           NORMAL LOSS  98

8.3.1        AGING PANELS CREATE OPPORTUNITIES FOR SCALABLE AND COST-EFFECTIVE RECYCLING  98

9               SOLAR PANEL RECYCLING MARKET, BY PROCESS                 100

9.1           INTRODUCTION              101

9.2           MECHANICAL    102

9.2.1        WIDE USE AND COST-EFFECTIVE NATURE TO DRIVE MARKET               102

9.3           HYBRID                103

9.3.1        COMPLEX PANEL DESIGNS TO PUSH DEMAND FOR MULTISTEP RECYCLING APPROACHES 103

9.3.1.1    Mechanical + Chemical       103

9.3.1.2    Mechanical + Thermal        103

9.3.1.3    Mechanical + Chemical + Thermal   104

10            SOLAR PANEL RECYCLING MARKET, BY MATERIAL                 105

10.1         INTRODUCTION              106

10.2         SILICON               107

10.2.1      NEED FOR EFFICIENCY IN ENERGY CONVERSION TO DRIVE MARKET 107

10.3         METAL 108

10.3.1      REDUCTION IN DEMAND FOR VIRGIN MATERIALS TO FOSTER SEGMENTAL GROWTH 108

10.3.2      ALUMINUM        109

10.3.2.1  Widespread use in panel construction to drive market  109

10.4         PLASTIC               109

10.4.1      ADVANCEMENTS IN RECYCLING TECHNOLOGIES TO PROPEL MARKET             109

10.5         GLASS   110

10.5.1      REGULATORY SUPPORT AND CONSUMER AWARENESS TO DRIVE MARKET         110

10.6         OTHER MATERIALS        110

10.6.1      LEAD     110

10.6.2      CADMIUM AND TELLURIUM       110

10.6.3      INDIUM AND GALLIUM 111

11            SOLAR PANEL RECYCLING MARKET, BY REGION                 112

11.1         INTRODUCTION              113

11.2         ASIA PACIFIC     115

11.2.1      CHINA  121

11.2.1.1  Heavy capital investment to drive market        121

11.2.2      JAPAN   122

11.2.2.1  Strong manufacturing sector and government incentives to support growth      122

11.2.3      SOUTH KOREA  123

11.2.3.1  Waste management initiatives to fuel market  123

11.2.4      INDIA    124

11.2.4.1  Government investment and policies to drive adoption 124

11.2.5      AUSTRALIA         126

11.2.5.1  Waste management practices to foster growth                 126

11.2.6      REST OF ASIA PACIFIC   127

11.3         NORTH AMERICA             128

11.3.1      US           132

11.3.1.1  Increasing investment in sustainability and green projects to support adoption  132

11.3.2      CANADA               133

11.3.2.1  Increasing need to manage associated waste to drive market                 133

11.3.3      MEXICO                135

11.3.3.1  Increasing demand from residential and commercial sectors to augment market scope         135

11.4         EUROPE               136

11.4.1      GERMANY           142

11.4.1.1  Increased solar waste to fuel market 142

11.4.2      ITALY    144

11.4.2.1  Stringent policies implemented by government for recycling to drive market          144

11.4.3      FRANCE                145

11.4.3.1  Increasing waste and investment in new recycling facilities and stringent recycling laws to support market growth          145

11.4.4      UK          146

11.4.4.1  Growing need for recycling sector to expand its capabilities to propel market        146

11.4.5      SPAIN    147

11.4.5.1  Investments by government and private organizations to drive market    147

11.4.6      RUSSIA 148

11.4.6.1  Increasing deployment of solar panels and growing environment consciousness to foster market           148

11.4.7      REST OF EUROPE             150

11.5         MIDDLE EAST & AFRICA                151

11.5.1      GCC COUNTRIES              151

11.5.1.1  UAE        156

11.5.1.1.1                Policy support and renewable energy targets to fuel UAE solar recycling growth                 156

11.5.1.2  Saudi Arabia          157

11.5.1.2.1                Economic diversification and solar energy growth to propel demand      157

11.5.1.3  Rest of GCC countries         158

11.5.2      SOUTH AFRICA 159

11.5.2.1  Heightened awareness of electronic waste concerns to support market growth       159

11.5.3      REST OF MIDDLE EAST & AFRICA             160

11.6         SOUTH AMERICA             161

11.6.1      BRAZIL 166

11.6.1.1  Emergence of innovative technologies and growing focus on recycling to drive market     166

11.6.2      ARGENTINA       167

11.6.2.1  Increasing awareness and incentives to drive adoption  167

11.6.3      REST OF SOUTH AMERICA           168

12            COMPETITIVE LANDSCAPE         170

12.1         INTRODUCTION              170

12.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            170

12.3         MARKET SHARE ANALYSIS, 2024                 172

12.3.1      FIRST SOLAR (US)            173

12.3.2      REILING GMBH & CO. KG (GERMANY)    173

12.3.3      WE RECYCLE SOLAR (US)             174

12.3.4      THE RETROFIT COMPANIES, INC. (US)  174

12.3.5      SOLARCYCLE, INC. (US)                 174

12.4         REVENUE ANALYSIS, 2021–2025  175

12.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 176

12.5.1      STARS   176

12.5.2      EMERGING LEADERS     176

12.5.3      PERVASIVE PLAYERS      176

12.5.4      PARTICIPANTS 176

12.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         178

12.5.5.1  Company footprint               178

12.5.5.2  Type Footprint      179

12.5.5.3  Process footprint  179

12.5.5.4  Material footprint 180

12.5.5.5  Regional footprint                 180

12.6         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        181

12.6.1      PROGRESSIVE COMPANIES         181

12.6.2      RESPONSIVE COMPANIES            181

12.6.3      DYNAMIC COMPANIES  181

12.6.4      STARTING BLOCKS         181

12.6.5      COMPETITIVE BENCHMARKING               183

12.6.5.1  Detailed list of key startups/SMEs    183

12.6.5.2  Competitive benchmarking of key startups/SMEs          184

12.7         BRAND/PRODUCT COMPARISON             186

12.8         COMPANY VALUATION AND FINANCIAL METRICS                 187

12.9         COMPETITIVE SCENARIO AND TRENDS                188

12.9.1      PRODUCT LAUNCHES   188

12.9.2      DEALS  188

12.9.3      EXPANSIONS     195

12.9.4      OTHER DEVELOPMENTS              196

13            COMPANY PROFILES      200

13.1         KEY PLAYERS     200

13.1.1      FIRST SOLAR      200

13.1.1.1  Business overview 200

13.1.1.2  Products/Solutions/Services offered 201

13.1.1.3  Recent developments           202

13.1.1.3.1                Deals      202

13.1.1.3.2                Other developments             203

13.1.1.4  MnM view              203

13.1.1.4.1                Key strategies        203

13.1.1.4.2                Strategic choices   203

13.1.1.4.3                Weaknesses and competitive threats 203

13.1.2      REILING GMBH & CO. KG              204

13.1.2.1  Business overview 204

13.1.2.2  Products/Solutions/Services offered 204

13.1.2.3  Recent developments           205

13.1.2.3.1                Product launches  205

13.1.2.3.2                Deals      205

13.1.2.3.3                Expansions             206

13.1.2.3.4                Other developments             206

13.1.2.4  MnM view              206

13.1.2.4.1                Key strategies        206

13.1.2.4.2                Strategic choices   207

13.1.2.4.3                Weaknesses and competitive threats 207

13.1.3      THE RETROFIT COMPANIES, INC.             208

13.1.3.1  Business overview 208

13.1.3.2  Products/Solutions/Services offered 208

13.1.3.3  MnM view              209

13.1.3.3.1                Key strategies        209

13.1.3.3.2                Strategic choices   209

13.1.3.3.3                Weaknesses and competitive threats 209

13.1.4      RINOVASOL GLOBAL SERVICES B. V.       210

13.1.4.1  Business overview 210

13.1.4.2  Products/Solutions/Services offered 210

13.1.4.3  Recent developments           211

13.1.4.3.1                Deals      211

13.1.4.3.2                Expansions             211

13.1.4.4  MnM view              212

13.1.4.4.1                Key strategies        212

13.1.4.4.2                Strategic choices   212

13.1.4.4.3                Weaknesses and competitive threats 212

13.1.5      ROSI      213

13.1.5.1  Business overview 213

13.1.5.2  Products/Solutions/Services offered 213

13.1.5.3  Recent developments           214

13.1.5.3.1                Deals      214

13.1.5.3.2                Expansions             216

13.1.5.4  Other developments             216

13.1.5.5  MnM view              217

13.1.5.5.1                Key strategies        217

13.1.5.5.2                Strategic choices   217

13.1.5.5.3                Weaknesses and competitive threats 217

13.1.6      WE RECYCLE SOLAR       218

13.1.6.1  Business overview 218

13.1.6.2  Products/Solutions/Services offered 218

13.1.6.3  Recent developments           219

13.1.6.3.1                Deals      219

13.1.6.3.2                Expansions             219

13.1.6.3.3                Other developments             219

13.1.6.4  MnM view              220

13.1.6.4.1                Key strategies        220

13.1.6.4.2                Strategic choices   220

13.1.6.4.3                Weaknesses and competitive threats 220

13.1.7      SILCONTEL LTD               221

13.1.7.1  Business overview 221

13.1.7.2  Products/Solutions/Services offered 221

13.1.7.3  MnM view              222

13.1.7.3.1                Key strategies        222

13.1.7.3.2                Strategic choices   222

13.1.7.3.3                Weaknesses and competitive threats 222

13.1.8      ETAVOLT PTE. LTD.       223

13.1.8.1  Business overview 223

13.1.8.2  Products/Solutions/Services offered 223

13.1.8.3  Recent developments           224

13.1.8.3.1                Developments       224

13.1.8.4  MnM view              224

13.1.8.4.1                Key strategies        224

13.1.8.4.2                Strategic choices   225

13.1.8.4.3                Weaknesses and competitive threats 225

13.1.9      PV INDUSTRIES 226

13.1.9.1  Business overview 226

13.1.9.2  Products/Solutions/Services offered 226

13.1.9.3  Recent developments           227

13.1.9.3.1                Deals      227

13.1.9.3.2                Other developments             227

13.1.9.4  MnM view              228

13.1.9.4.1                Key strategies        228

13.1.9.4.2                Strategic choices   228

13.1.9.4.3                Weaknesses and competitive threats 228

13.1.10   SOLARCYCLE, INC.          229

13.1.10.1                 Business overview 229

13.1.10.2                 Products/Solutions/Services offered 229

13.1.10.3                 Recent developments           229

13.1.10.3.1             Deals      229

13.1.10.3.2             Expansions             232

13.1.10.3.3             Other developments             232

13.1.10.4                 MnM view              233

13.1.10.4.1             Key strategies        233

13.1.10.4.2             Strategic choices   233

13.1.10.4.3             Weaknesses and competitive threats 233

13.2         OTHER PLAYERS              234

13.2.1      VEOLIA 234

13.2.2      CLEANLITES RECYCLING              235

13.2.3      AERISOUL METAL & ENERGY CORPORATION     236

13.2.4      ENVARIS GMBH                 237

13.2.5      ELECSOME          238

13.2.6      FABTECH             239

13.2.7      H&H PRO LIMITED          240

13.2.8      INTERCO TRADING, INC.              241

13.2.9      SOLUCCIONA ENERGÍA 242

13.2.10   RECYCLE SOLAR               243

13.2.11   IMMARK AG        244

13.2.12   COMMERCIAL SOLAR PANEL RECYCLING             245

13.2.13   RECYCLE1234.COM          246

13.2.14   SUNR     247

13.2.15   YOUSOLAR SRL 248

14            APPENDIX           249

14.1         DISCUSSION GUIDE        249

14.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                252

14.3         CUSTOMIZATION OPTIONS        254

14.4         RELATED REPORTS         254

14.5         AUTHOR DETAILS           255

LIST OF TABLES

TABLE 1                INCLUSIONS & EXCLUSIONS       27

TABLE 2                KEY PRIMARY SOURCES                32

TABLE 3                KEY PARTICIPANTS FROM PRIMARY INTERVIEWS      32

TABLE 4                GROWTH FORECAST MODEL WITH FACTORS                 38

TABLE 5                RISK ASSESSMENT           38

TABLE 6                AVERAGE SELLING PRICE TREND OF SOLAR PANEL RECYCLING MARKET,

BY REGION, 2021–2024 (USD/PANEL)       62

TABLE 7                AVERAGE SELLING PRICE TREND OF SOLAR PANEL RECYCLING MARKET,

BY TYPE, 2021–2024 (USD/PANEL)             63

TABLE 8                AVERAGE SELLING PRICE OF SOLAR PANEL RECYCLING MARKET AMONG

KEY PLAYERS, BY TYPE, 2024 (USD/PANEL)          63

TABLE 9                SOLAR PANEL RECYCLING MARKET: ROLE OF COMPANIES IN ECOSYSTEM       65

TABLE 10              SOLAR PANEL RECYCLING MARKET: KEY TECHNOLOGIES               66

TABLE 11              SOLAR PANEL RECYCLING MARKET: COMPLEMENTARY TECHNOLOGIES       67

TABLE 12              SOLAR PANEL RECYCLING MARKET: ADJACENT TECHNOLOGIES               67

TABLE 13              SOLAR PANEL RECYCLING MARKET: TOTAL NUMBER OF PATENTS, 2015–2024              68

TABLE 14              SOLAR PANEL RECYCLING: LIST OF KEY PATENT OWNERS            70

TABLE 15              SOLAR PANEL RECYCLING: LIST OF KEY PATENTS, 2015–2024        71

TABLE 16              SOLAR PANEL RECYCLING MARKET: DETAILED LIST OF

CONFERENCES & EVENTS, 2025–2026       75

TABLE 17              NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  76

TABLE 18              EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  77

TABLE 19              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  78

TABLE 20              MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             79

TABLE 21              SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  80

TABLE 22              LIST OF REGULATIONS FOR SOLAR PANEL RECYCLING MARKET     82

TABLE 23              SOLAR PANEL RECYCLING MARKET: PORTER’S FIVE FORCES ANALYSIS 83

TABLE 24              INFLUENCE OF INSTITUTIONAL BUYERS ON BUYING PROCESS FOR TOP SOLAR PANEL RECYCLING PROCESSES         85

TABLE 25              KEY BUYING CRITERIA FOR PANELS RECYCLED BY KEY PROCESSES         86

TABLE 26              GDP TRENDS AND FORECASTS, BY KEY COUNTRY, 2023–2025 (USD MILLION)     87

TABLE 27              SOLAR PANEL RECYCLING MARKET, BY TYPE, 2021–2024 (USD MILLION)            91

TABLE 28              SOLAR PANEL RECYCLING MARKET, BY TYPE, 2025–2030 (USD MILLION)            92

TABLE 29              SOLAR PANEL RECYCLING MARKET, BY TYPE, 2021–2024 (MILLION PANELS)     92

TABLE 30              SOLAR PANEL RECYCLING MARKET, BY TYPE, 2025–2030 (MILLION PANELS)     92

TABLE 31              SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2021–2024 (USD MILLION) 97

TABLE 32              SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2025–2030 (USD MILLION) 97

TABLE 33              SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2021–2024 (USD MILLION)       101

TABLE 34              SOLAR PANEL RECYCLING MARKET, BY PROCESS, 2025–2030 (USD MILLION)       102

TABLE 35              SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2021–2024 (USD MILLION)    106

TABLE 36              SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2025–2030 (USD MILLION)    107

TABLE 37             SOLAR PANEL RECYCLING MARKET, BY REGION, 2021–2024 (USD MILLION)            114

TABLE 38             SOLAR PANEL RECYCLING MARKET, BY REGION, 2025–2030 (USD MILLION)            114

TABLE 39             SOLAR PANEL RECYCLING MARKET, BY REGION, 2021–2024 (MILLION PANELS)     114

TABLE 40             SOLAR PANEL RECYCLING MARKET, BY REGION, 2025–2030 (MILLION PANELS)     115

TABLE 41              ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            117

TABLE 42              ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            117

TABLE 43              ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2021–2024 (MILLION PANELS)     117

TABLE 44              ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2025–2030 (MILLION PANELS)     118

TABLE 45              ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2021–2024 (USD MILLION)            118

TABLE 46              ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2025–2030 (USD MILLION)            118

TABLE 47              ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2021–2024 (MILLION PANELS)     119

TABLE 48              ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2025–2030 (MILLION PANELS)     119

TABLE 49              ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE,

2021–2024 (USD MILLION)            119

TABLE 50              ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE,

2025–2030 (USD MILLION)            119

TABLE 51              ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY PROCESS,

2021–2024 (USD MILLION)            120

TABLE 52              ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY PROCESS,

2025–2030 (USD MILLION)            120

TABLE 53              ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            120

TABLE 54              ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            121

TABLE 55              CHINA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            122

TABLE 56              CHINA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            122

TABLE 57              JAPAN: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            123

TABLE 58              JAPAN: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            123

TABLE 59              SOUTH KOREA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            124

TABLE 60              SOUTH KOREA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            124

TABLE 61              INDIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            125

TABLE 62              INDIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            125

TABLE 63              AUSTRALIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            126

TABLE 64              AUSTRALIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            126

TABLE 65              REST OF ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            127

TABLE 66              REST OF ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            127

TABLE 67              NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            129

TABLE 68              NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            129

TABLE 69              NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2021–2024 (MILLION PANELS)     129

TABLE 70              NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2025–2030 (MILLION PANELS)     129

TABLE 71              NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2021–2024 (USD MILLION)            130

TABLE 72              NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2025–2030 (USD MILLION)            130

TABLE 73              NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2021–2024 (MILLION PANELS)     130

TABLE 74              NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2025–2030 (MILLION PANELS)     130

TABLE 75              NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE,

2021–2024 (USD MILLION)            131

TABLE 76              NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE,

2025–2030 (USD MILLION)            131

TABLE 77              NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY PROCESS,

2021–2024 (USD MILLION)            131

TABLE 78              NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY PROCESS,

2025–2030 (USD MILLION)            131

TABLE 79              NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            132

TABLE 80              NORTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            132

TABLE 81              US: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2021–2024 (USD MILLION)    133

TABLE 82              US: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2025–2030 (USD MILLION)    133

TABLE 83              CANADA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            134

TABLE 84              CANADA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            134

TABLE 85              MEXICO: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            135

TABLE 86              MEXICO: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            135

TABLE 87              EUROPE: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            138

TABLE 88              EUROPE: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            138

TABLE 89              EUROPE: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2021–2024 (MILLION PANELS)     138

TABLE 90              EUROPE: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2025–2030 (MILLION PANELS)     139

TABLE 91              EUROPE: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2021–2024 (USD MILLION)            139

TABLE 92              EUROPE: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2025–2030 (USD MILLION)            139

TABLE 93              EUROPE: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2021–2024 (MILLION PANELS)     140

TABLE 94              EUROPE: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2025–2030 (MILLION PANELS)     140

TABLE 95              EUROPE: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE,

2021–2024 (USD MILLION)            140

TABLE 96              EUROPE: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE,

2025–2030 (USD MILLION)            140

TABLE 97              EUROPE: SOLAR PANEL RECYCLING MARKET, BY PROCESS,

2021–2024 (USD MILLION)            141

TABLE 98              EUROPE: SOLAR PANEL RECYCLING MARKET, BY PROCESS,

2025–2030 (USD MILLION)            141

TABLE 99              EUROPE: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            141

TABLE 100            EUROPE: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            142

TABLE 101            GERMANY: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            143

TABLE 102            GERMANY: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            143

TABLE 103            ITALY: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            144

TABLE 104            ITALY: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            145

TABLE 105            FRANCE: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            146

TABLE 106            FRANCE: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            146

TABLE 107            UK: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2021–2024 (USD MILLION)    147

TABLE 108            UK: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2025–2030 (USD MILLION)    147

TABLE 109            SPAIN: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            148

TABLE 110            SPAIN: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            148

TABLE 111            RUSSIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            149

TABLE 112            RUSSIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            149

TABLE 113            REST OF EUROPE: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            150

TABLE 114            REST OF EUROPE: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            150

TABLE 115            MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            152

TABLE 116            MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            152

TABLE 117            MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2021–2024 (MILLION PANELS)     153

TABLE 118            MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2025–2030 (MILLION PANELS)     153

TABLE 119            MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2021–2024 (USD MILLION)            153

TABLE 120            MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2025–2030 (USD MILLION)            154

TABLE 121            MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2021–2024 (MILLION PANELS)     154

TABLE 122            MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2025–2030 (MILLION PANELS)     154

TABLE 123            MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2021–2024 (USD MILLION)                 154

TABLE 124            MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE, 2025–2030 (USD MILLION)                 155

TABLE 125            MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY PROCESS,

2021–2024 (USD MILLION)            155

TABLE 126            MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY PROCESS,

2025–2030 (USD MILLION)            155

TABLE 127            MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            155

TABLE 128            MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            156

TABLE 129            UAE: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            157

TABLE 130            UAE: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            157

TABLE 131            SAUDI ARABIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            158

TABLE 132            SAUDI ARABIA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            158

TABLE 133            REST OF GCC COUNTRIES: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2021–2024 (USD MILLION)                 159

TABLE 134            REST OF GCC COUNTRIES: SOLAR PANEL RECYCLING MARKET, BY MATERIAL, 2025–2030 (USD MILLION)                 159

TABLE 135            SOUTH AFRICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            160

TABLE 136            SOUTH AFRICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            160

TABLE 137            REST OF MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET,

BY MATERIAL, 2021–2024 (USD MILLION)              161

TABLE 138            REST OF MIDDLE EAST & AFRICA: SOLAR PANEL RECYCLING MARKET,

BY MATERIAL, 2025–2030 (USD MILLION)              161

TABLE 139            SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            162

TABLE 140            SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            162

TABLE 141            SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2021–2024 (MILLION PANELS)     162

TABLE 142            SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY COUNTRY,

2025–2030 (MILLION PANELS)     163

TABLE 143            SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2021–2024 (USD MILLION)            163

TABLE 144            SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2025–2030 (USD MILLION)            163

TABLE 145            SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2021–2024 (MILLION PANELS)     164

TABLE 146            SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY TYPE,

2025–2030 (MILLION PANELS)     164

TABLE 147            SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE,

2021–2024 (USD MILLION)            164

TABLE 148            SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY SHELF LIFE,

2025–2030 (USD MILLION)            164

TABLE 149            SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY PROCESS,

2021–2024 (USD MILLION)            165

TABLE 150            SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY PROCESS,

2025–2030 (USD MILLION)            165

TABLE 151            SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            165

TABLE 152            SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            166

TABLE 153            BRAZIL: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            167

TABLE 154            BRAZIL: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            167

TABLE 155            ARGENTINA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2021–2024 (USD MILLION)            168

TABLE 156            ARGENTINA: SOLAR PANEL RECYCLING MARKET, BY MATERIAL,

2025–2030 (USD MILLION)            168

TABLE 157            REST OF SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET,

BY MATERIAL, 2021–2024 (USD MILLION)              169

TABLE 158            REST OF SOUTH AMERICA: SOLAR PANEL RECYCLING MARKET,

BY MATERIAL, 2025–2030 (USD MILLION)              169

TABLE 159            OVERVIEW OF STRATEGIES ADOPTED BY SOLAR PANEL RECYCLERS           170

TABLE 160            SOLAR PANEL RECYCLING MARKET: DEGREE OF COMPETITION, 2024                 172

TABLE 161            SOLAR PANEL RECYCLING MARKET: TYPE FOOTPRINT, 2024             179

TABLE 162            SOLAR PANEL RECYCLING MARKET: PROCESS FOOTPRINT, 2024             179

TABLE 163            SOLAR PANEL RECYCLING MARKET: MATERIAL FOOTPRINT, 2024             180

TABLE 164            SOLAR PANEL RECYCLING MARKET: REGIONAL FOOTPRINT, 2024             180

TABLE 165            SOLAR PANEL RECYCLING MARKET: DETAILED LIST OF

KEY STARTUPS/SMES, 2024          183

TABLE 166            SOLAR PANEL RECYCLING MARKET: COMPETITIVE BENCHMARKING OF

KEY STARTUPS/SMES, 2024          184

TABLE 167            SOLAR PANEL RECYCLING MARKET: PRODUCT LAUNCHES,

JANUARY 2021−APRIL 2025          188

TABLE 168            SOLAR PANEL RECYCLING MARKET: DEALS, JANUARY 2021−APRIL 2025          189

TABLE 169            SOLAR PANEL RECYCLING MARKET: EXPANSIONS, JANUARY 2021−APRIL 2025              195

TABLE 170            SOLAR PANEL RECYCLING MARKET: OTHER DEVELOPMENTS,

JANUARY 2021−APRIL 2025          196

TABLE 171            FIRST SOLAR: COMPANY OVERVIEW      200

TABLE 172            FIRST SOLAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED    201

TABLE 173            FIRST SOLAR: DEALS      202

TABLE 174            FIRST SOLAR: OTHER DEVELOPMENTS 203

TABLE 175            REILING GMBH & CO. KG: COMPANY OVERVIEW                 204

TABLE 176            REILING GMBH & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED    204

TABLE 177            REILING GMBH & CO. KG: PRODUCT LAUNCHES                 205

TABLE 178            REILING GMBH & CO. KG: DEALS              205

TABLE 179            REILING GMBH & CO. KG: EXPANSIONS 206

TABLE 180            REILING GMBH & CO. KG: OTHER DEVELOPMENTS              206

TABLE 181            THE RETROFIT COMPANIES, INC.: COMPANY OVERVIEW          208

TABLE 182            THE RETROFIT COMPANIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    208

TABLE 183            RINOVASOL GLOBAL SERVICES B. V.: COMPANY OVERVIEW          210

TABLE 184            RINOVASOL GLOBAL SERVICES B. V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    210

TABLE 185            RINOVASOL GLOBAL SERVICES B. V.: DEALS                 211

TABLE 186            RINOVASOL GLOBAL SERVICES B. V.: EXPANSIONS     211

TABLE 187            ROSI: COMPANY OVERVIEW       213

TABLE 188            ROSI: PRODUCTS/SOLUTIONS/SERVICES OFFERED             213

TABLE 189            ROSI: DEALS       214

TABLE 190            ROSI: EXPANSIONS          216

TABLE 191            ROSI: OTHER DEVELOPMENTS 216

TABLE 192            WE RECYCLE SOLAR: COMPANY OVERVIEW                 218

TABLE 193            WE RECYCLE SOLAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED    218

TABLE 194            WE RECYCLE SOLAR: DEALS       219

TABLE 195            WE RECYCLE SOLAR: EXPANSIONS          219

TABLE 196            WE RECYCLE SOLAR: OTHER DEVELOPMENTS                 219

TABLE 197            SILCONTEL LTD: COMPANY OVERVIEW                 221

TABLE 198            SILCONTEL LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED    221

TABLE 199            ETAVOLT PTE. LTD.: COMPANY OVERVIEW                 223

TABLE 200            ETAVOLT PTE. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    223

TABLE 201            ETAVOLT PTE. LTD.: DEVELOPMENTS  224

TABLE 202            PV INDUSTRIES: COMPANY OVERVIEW 226

TABLE 203            PV INDUSTRIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    226

TABLE 204            PV INDUSTRIES: DEALS 227

TABLE 205            PV INDUSTRIES: OTHER DEVELOPMENTS                 227

TABLE 206            SOLARCYCLE, INC.: COMPANY OVERVIEW                 229

TABLE 207            SOLARCYCLE, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    229

TABLE 208            SOLARCYCLE, INC.: DEALS          229

TABLE 209            SOLARCYCLE, INC.: EXPANSIONS             232

TABLE 210            SOLARCYCLE, INC.: OTHER DEVELOPMENTS                 232

TABLE 211            VEOLIA: COMPANY OVERVIEW 234

TABLE 212            CLEANLITES RECYCLING: COMPANY OVERVIEW          235

TABLE 213            AERISOUL METAL & ENERGY CORPORATION: COMPANY OVERVIEW   236

TABLE 214            ENVARIS GMBH: COMPANY OVERVIEW 237

TABLE 215            ELECSOME: COMPANY OVERVIEW          238

TABLE 216            FABTECH: COMPANY OVERVIEW              239

TABLE 217            H&H PRO LIMITED: COMPANY OVERVIEW                 240

TABLE 218            INTERCO TRADING INC.: COMPANY OVERVIEW                 241

TABLE 219            SOLUCCIONA ENERGÍA: COMPANY OVERVIEW                 242

TABLE 220            RECYCLE SOLAR: COMPANY OVERVIEW                 243

TABLE 221            IMMARK AG: COMPANY OVERVIEW        244

TABLE 222            COMMERCIAL SOLAR PANEL RECYCLING: COMPANY OVERVIEW   245

TABLE 223            RECYCLE1234.COM: COMPANY OVERVIEW                 246

TABLE 224            SUNR: COMPANY OVERVIEW     247

TABLE 225            YOUSOLAR SRL: COMPANY OVERVIEW 248

LIST OF FIGURES

FIGURE 1              SOLAR PANEL RECYCLING MARKET SEGMENTATION AND REGIONAL SNAPSHOT    26

FIGURE 2              STUDY YEARS CONSIDERED       27

FIGURE 3              SOLAR PANEL RECYCLING MARKET: RESEARCH DESIGN                29

FIGURE 4              KEY DATA FROM SECONDARY SOURCES                 30

FIGURE 5              KEY DATA FROM PRIMARY SOURCES     31

FIGURE 6              BREAKDOWN OF INTERVIEWS WITH EXPERTS, BY COMPANY TYPE,

DESIGNATION, AND REGION     32

FIGURE 7              KEY INSIGHTS FROM INDUSTRY EXPERTS                 33

FIGURE 8              SUPPLY-SIDE ANALYSIS                 33

FIGURE 9              DEMAND-SIDE ANALYSIS             33

FIGURE 10            MARKET SIZE ESTIMATION METHODOLOGY: REVENUE OF MARKET PLAYERS                34

FIGURE 11            SOLAR PANEL RECYCLING MARKET: DATA TRIANGULATION             36

FIGURE 12            RESEARCH ASSUMPTIONS           37

FIGURE 13            FACTOR ANALYSIS          39

FIGURE 14            POLYCRYSTALLINE TYPE TO LEAD MARKET BETWEEN 2025 AND 2030               41

FIGURE 15            SOLAR PANELS RECYCLED USING HYBRID PROCESS TO LEAD MARKET BETWEEN 2025 AND 2030    42

FIGURE 16            SOLAR PANELS RECYCLED DUE TO EARLY LOSS TO LEAD MARKET BETWEEN

2025 AND 2030    42

FIGURE 17            METAL SOLAR PANEL RECYCLING TO LEAD MARKET BETWEEN 2025 AND 2030            43

FIGURE 18            NORTH AMERICA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD    44

FIGURE 19            GROWING DEMAND FROM WASTE MANAGEMENT AND RECYCLING SECTORS

TO DRIVE MARKET         45

FIGURE 20            POLYCRYSTALLINE SOLAR PANEL RECYCLING TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD                46

FIGURE 21            GERMANY TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD       46

FIGURE 22            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN SOLAR PANEL RECYCLING MARKET     48

FIGURE 23            USE OF GENERATIVE AI IN SOLAR PANEL RECYCLING MARKET     54

FIGURE 24            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   57

FIGURE 25            OVERVIEW OF SOLAR PANEL RECYCLING MARKET VALUE CHAIN 58

FIGURE 26            INVESTMENT AND FUNDING SCENARIO IN SOLAR PANEL RECYCLING MARKET, 2022–2024 (USD MILLION)                 62

FIGURE 27            AVERAGE SELLING PRICE TREND OF SOLAR PANEL RECYCLING MARKET, BY REGION, 2021–2024 (USD/PANEL)    63

FIGURE 28            AVERAGE SELLING PRICE TREND OF SOLAR PANEL RECYCLING MARKET AMONG KEY PLAYERS, BY TYPE, 2024 (USD/PANEL)           64

FIGURE 29            SOLAR PANEL RECYCLING MARKET: ECOSYSTEM       65

FIGURE 30            PATENTS GRANTED OVER LAST 10 YEARS, 2015−2024            68

FIGURE 31            SOLAR PANEL RECYCLING MARKET: LEGAL STATUS OF PATENTS, 2015–2024                69

FIGURE 32            PATENTS ANALYSIS FOR SOLAR PANEL RECYCLING MARKET, BY JURISDICTION, 2015−2024        69

FIGURE 33            TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENTS IN LAST 10 YEARS 70

FIGURE 34            IMPORTS OF SOLAR PANEL RECYCLING, BY COUNTRY,

2021–2024 (USD THOUSAND)      74

FIGURE 35            EXPORTS OF SOLAR PANEL RECYCLING, BY COUNTRY,

2021–2024 (USD THOUSAND)      75

FIGURE 36            PORTER’S FIVE FORCES ANALYSIS: SOLAR PANEL RECYCLING MARKET      83

FIGURE 37            INFLUENCE OF STAKEHOLDERS ON TOP RECYCLING PROCESSES                85

FIGURE 38            KEY BUYING CRITERIA FOR PANELS RECYCLED BY KEY PROCESSES         86

FIGURE 39            POLYCRYSTALLINE TO LEAD SOLAR PANEL RECYCLING MARKET IN 2025      91

FIGURE 40            EARLY LOSS TO LEAD THE SOLAR PANEL RECYCLING MARKET IN 2025      97

FIGURE 41            HYBRID PROCESS TO LEAD MARKET DURING FORECAST PERIOD         101

FIGURE 42            METAL TO LEAD MARKET DURING FORECAST PERIOD                106

FIGURE 43            NORTH AMERICA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD    113

FIGURE 44            ASIA PACIFIC: SOLAR PANEL RECYCLING MARKET SNAPSHOT       116

FIGURE 45            NORTH AMERICA: SOLAR PANEL RECYCLING MARKET SNAPSHOT       128

FIGURE 46            EUROPE: SOLAR PANEL RECYCLING MARKET SNAPSHOT          137

FIGURE 47            SOLAR PANEL RECYCLING MARKET SHARE ANALYSIS, 2024  173

FIGURE 48            REVENUE ANALYSIS OF KEY PLAYERS, 2021–2025 (USD BILLION) 175

FIGURE 49            SOLAR PANEL RECYCLING MARKET:

COMPANY EVALUATION MATRIX, KEY PLAYERS, 2024    177

FIGURE 50            SOLAR PANEL RECYCLING MARKET: COMPANY FOOTPRINT, 2024             178

FIGURE 51            SOLAR PANEL RECYCLING MARKET: COMPANY EVALUATION MATRIX, STARTUPS/SMES, 2024    182

FIGURE 52            BRAND/PRODUCT COMPARATIVE ANALYSIS, BY SOLAR PANEL RECYCLING    186

FIGURE 53            SOLAR PANEL RECYCLING MARKET: EV/ EBITDA, 5-YEAR STOCK BETA, AND

YEAR-TO-DATE (YTD) PRICE TOTAL RETURN   187

FIGURE 54            FIRST SOLAR: COMPANY SNAPSHOT      201