- What is driving the global SPV recycling market?
- What are the major SPV recycling technologies?
- What are the major market drivers for the SPV recycling market?
- What are the market barriers to the SPV recycling market?
- How does the SPV recycling market vary by region?
- What are the key components of the SPV recycling value chain?
- What are the major recommendations for various stakeholders in the SPV recycling industry?
1Q 2023
Solar Panel Recycling Market
Market Drivers, Market Barriers, Value Chain, Forecast and Analysis: 2023-2032
The accelerated growth in global solar PV (SPV) adoption has played a significant role in the transformation to sustainable energy, but one potential environmental impact remains largely unaddressed: what to do with SPV panels at the end of their life (EOL). Although their design life is estimated at 25-30 years, their actual life is typically 14-15 years, and sometimes less. As the oldest panels approach retirement, the industry must prepare to manage the impending e-waste. The lack of an SPV waste-management system could present a serious environmental challenge.
Though SPV panels provide clean and emission free energy while operating, their lifecycle—cradle to grave—can contribute to environmental pollution, which includes mining metals for their manufacture and disposing of them in landfills after their EOL. Currently companies are disposing of panels in landfills as a cheap solution, because recycling is expensive and time consuming.
This Guidehouse Insights report provides a market forecast for two SPV recycling technologies: crystalline silicon and thin film. It examines the market’s major drivers and barriers and looks at the industry value chain. Forecasts are segmented by technology and five global regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) for the 10-year period from 2023 through 2032.
Pages
41
Tables | Charts | Figures
31
Key Questions Addressed
Who Needs This Report
- Solar PV manufacturers and installers
- Third party SPV recyclers
- Regulators
- University researchers
- Investor community
Table Of Contents
1. Executive Summary
1.1 Key Takeaways
2. Market Issues
2.1 Market Drivers
2.1.1 Need to Relieve Increasing Solar Panel Waste Glut
2.1.2 Boosting Circular Solar Economy
2.1.3 Economic Drivers
2.1.4 Environmental Drivers
2.2 Market Barriers
2.2.1 Disassembling the Solar Panels
2.2.2 High Cost of Recycling and Low Economic Value
2.2.3 Lack of Regulations and Associated Policies
2.3 Regional Analysis
2.3.1 North America
2.3.2 Europe
2.3.3 Asia Pacific
2.3.4 Latin America
2.3.5 Middle East and Africa
2.4 Pricing
2.5 Recycling Technologies
2.5.1 Mechanical-Chemical Recycling
2.5.2 Mechanical-Thermal Recycling
2.5.3 Thermo-Mechanical Recycling
3. Industry Value Chain
3.1 Pictorial Representation of the Value Chain
3.2 Competitive Landscape
3.2.1 Decommissioning
3.2.2 Collection
3.2.3 Disassembling
3.2.4 Recycling
3.3 Key Competitors
3.3.1 First Solar
3.3.2 SolarCycle
3.3.3 PV Cycle
3.3.4 ReMedia
3.3.5 ROSI (Return of Silicon)
3.4 M&A Activities
4. Market Forecasts
4.1 Methodology
4.2 Global Market Overview
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Latin America
4.2.5 Middle East and Africa
5. Conclusions and Recommendations
5.1 Three Major Predictions
5.1.1 Annual revenue from the market will cross $2.7 billion by 2032
5.1.2 Asia Pacific will be the global leader for the SPV recycling market
5.1.3 Third-party recycling will dominate business models
5.2 Recommendations
5.2.1 Regulators and Policymakers
5.2.2 Solar PV Manufacturers and Installers
5.2.3 Third-Party Recyclers and Researchers
6. Acronym and Abbreviation List
7. Table of Contents
8. Table of Charts and Figures
9. Scope of Study, Sources and Methodology, Notes
List of Charts and Figures
- Solar Panel Recycling Capacity and Revenue by Region, World Market: 2023-2032
- Solar Panel Recycling Capacity and Revenue by Technology, World Market 2023-2032
- Solar Panel Recycling Capacity and Revenue by Technology, North America: 2023-2032
- Solar Panel Recycling Capacity and Revenue by Technology, Europe: 2023-2032
- Solar Panel Recycling Capacity and Revenue by Technology, Asia Pacific: 2023-2032
- Solar Panel Recycling Capacity and Revenue by Technology, Latin America: 2023-2032
- Solar Panel Recycling Capacity and Revenue by Technology, Middle East and Africa: 2023-2032
- Solar PV Circular Economy
- Distribution of SPV Materials by Value
- Distribution of SPV Materials by Mass
- Mechanical-Chemical Recycling
- Mechanical-Thermal Recycling
- Thermo-Mechanical Recycling
- Key Steps in the Solar Panel Recycling Process
- Solar PV Recycling Value Chain
List of Tables
- Solar Panel Recycling Capacity by Technology, World Market 2023-2032
- Solar Panel Recycling Revenue by Technology, World Market 2023-2032
- Solar Panel Recycling Capacity by Region, World Market: 2023-2032
- Solar Panel Recycling Revenue by Region, World Market: 2023-2032
- Solar Panel Recycling Capacity by Technology, North America: 2023-2032
- Solar Panel Recycling Revenue by Technology, North America: 2023-2032
- Solar Panel Recycling Capacity by Technology, Europe: 2023-2032
- Solar Panel Recycling Revenue by Technology, Europe: 2023-2032
- Solar Panel Recycling Capacity by Technology, Asia Pacific: 2023-2032
- Solar Panel Recycling Revenue by Technology, Asia Pacific: 2023-2032
- Solar Panel Recycling Capacity by Technology, Latin America: 2023-2032
- Solar Panel Recycling Revenue by Technology, Latin America: 2023-2032
- Solar Panel Recycling Capacity by Technology, Middle East and Africa: 2023-2032
- Solar Panel Recycling Revenue by Technology, Middle East and Africa: 2023-2032
- CEO 360 Degree View
- Solar Panel Recycling Market Comparison by Region, World Markets: 2023 and 2032
Choose a License Type
$3,950 USD
$5,925 USD