Solar Panel Recycling Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Solar Panel Recycling Market Share and the market is segmented by process (thermal, mechanical, and laser), type (crystalline silicon and thin film), and geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa).

Solar Panel Recycling Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Solar Panel Recycling Market Size

Solar Panel Recycling Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 18.00 %
Fastest Growing Market Asia Pacific
Largest Market Europe
Market Concentration High

Major Players

Solar Panel Recycling Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Solar Panel Recycling Market Analysis

The Solar Panel Recycling Market is expected to register a CAGR of greater than 18% during the forecast period.

The crystalline silicon segment is expected to dominate the market for solar panel recycling, due to higher number of installations, globally.

The aging older installations are expected to act as an opportunity for the solar panel recycling market.

The Asia-Pacific region is expected to be the largest and the fastest growing market, owing to the largest share in terms of solar power generation and the presence of manufacturing and technology hubs, such as China and Japan.

Solar Panel Recycling Industry Overview

The global solar panel recycling market is fragmented due to the presence of numerous players. Some of the major companies include Trina Solar, Sharp Corporation, First Solar, JA Solar Co., Ltd, Canadian Solar Inc., and Renesola, among others

Solar Panel Recycling Market Leaders

  1. Trina Solar

  2. Sharp Corporation

  3. First Solar Inc.

  4. Sunpower Corporation

  5. Reiling Group

  6. *Disclaimer: Major Players sorted in no particular order
Solar Panel Recycling Market Concentration
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Solar Panel Recycling Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2025
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Process
    • 5.1.1 Thermal
    • 5.1.2 Mechanical
    • 5.1.3 Laser
  • 5.2 Type
    • 5.2.1 Crystalline Silicon
    • 5.2.2 Thin Film
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.2 Europe
    • 5.3.3 Asia-Pacific
    • 5.3.4 South America
    • 5.3.5 Middle East & Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Canadian Solar Inc.
    • 6.3.2 First Solar Inc.
    • 6.3.3 Hanwha Group Co. Ltd
    • 6.3.4 JA Solar Co. Ltd
    • 6.3.5 Reclaim PV Recycling Pty Ltd
    • 6.3.6 Reiling Group
    • 6.3.7 Renesola
    • 6.3.8 Sharp Corporation
    • 6.3.9 SunPower Corporation
    • 6.3.10 Trina Solar
    • 6.3.11 Yingli Energy Co. Ltd
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Solar Panel Recycling Industry Segmentation

The solar panel recycling market report includes:

Process Thermal
Mechanical
Laser
Type Crystalline Silicon
Thin Film
Geography North America
Europe
Asia-Pacific
South America
Middle East & Africa
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Solar Panel Recycling Market Research FAQs

What is the current Solar Panel Recycling Market size?

The Solar Panel Recycling Market is projected to register a CAGR of greater than 18% during the forecast period (2025-2030)

Who are the key players in Solar Panel Recycling Market?

Trina Solar, Sharp Corporation, First Solar Inc., Sunpower Corporation and Reiling Group are the major companies operating in the Solar Panel Recycling Market.

Which is the fastest growing region in Solar Panel Recycling Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Solar Panel Recycling Market?

In 2025, the Europe accounts for the largest market share in Solar Panel Recycling Market.

What years does this Solar Panel Recycling Market cover?

The report covers the Solar Panel Recycling Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Solar Panel Recycling Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Solar Panel Recycling Industry Report

The global solar panel recycling market is witnessing significant growth, propelled by the surge in solar energy adoption and the imperative for sustainable waste management. Dominated by thermal and mechanical processes for their material recovery efficiency, the market sees crystalline silicon panels leading due to their prevalence and superior efficiency. Europe stands out for its rigorous environmental laws and renewable energy emphasis. Challenges like insufficient recycling infrastructure and lack of regulatory support persist, yet the sector is on the brink of expansion, driven by initiatives to minimize carbon footprints and escalate renewable energy investments. Innovations in recycling technology and heightened awareness of solar waste's environmental impact promise substantial growth opportunities. Mordor Intelligence™ Industry Reports highlight the market's dynamic expansion, offering insights into share, size, revenue growth, and a forecast outlook. For a comprehensive understanding, access a free report PDF download, encapsulating the market's historical and projected performance.