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Global Photovoltaic Module Recycling Market Research Report 2024
Synopsis
Photovoltaic module reuse provides an ecological and economical way to recycle photovoltaic modules. Can recover and recycle raw materials such as silicon, glass or metal in solar modules. By recycling and reuse PV modules, not only is there the benefit of preventing the material waste ending up in landfill, it will also create more green jobs and produce revenue from the raw materials being recovered and reuse, which is known as the “circular economy”.
Global Photovoltaic Module Recycling market is projected to reach US$ 1620.9 million in 2029, increasing from US$ 937.6 million in 2022, with the CAGR of 8.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Photovoltaic Module Recycling market research.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.60 GW.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Photovoltaic Module Recycling market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
We Recycle Solar
Technology Review
First Solar
Resource Recycling
PVRE Cycle
Retrofit Companies
NPC
Segment by Type
Secondary Use
Recycling
Energy Recovery
Segment by Application
Resource Recovery Company
Photovoltaic Module Manufacturer
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Photovoltaic Module Recycling report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies' Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Photovoltaic module reuse provides an ecological and economical way to recycle photovoltaic modules. Can recover and recycle raw materials such as silicon, glass or metal in solar modules. By recycling and reuse PV modules, not only is there the benefit of preventing the material waste ending up in landfill, it will also create more green jobs and produce revenue from the raw materials being recovered and reuse, which is known as the “circular economy”.
Global Photovoltaic Module Recycling market is projected to reach US$ 1620.9 million in 2029, increasing from US$ 937.6 million in 2022, with the CAGR of 8.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Photovoltaic Module Recycling market research.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.60 GW.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Photovoltaic Module Recycling market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
We Recycle Solar
Technology Review
First Solar
Resource Recycling
PVRE Cycle
Retrofit Companies
NPC
Segment by Type
Secondary Use
Recycling
Energy Recovery
Segment by Application
Resource Recovery Company
Photovoltaic Module Manufacturer
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Photovoltaic Module Recycling report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies' Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Photovoltaic Module Recycling Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Secondary Use
1.2.3 Recycling
1.2.4 Energy Recovery
1.3 Market by Application
1.3.1 Global Photovoltaic Module Recycling Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Resource Recovery Company
1.3.3 Photovoltaic Module Manufacturer
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Photovoltaic Module Recycling Market Perspective (2018-2029)
2.2 Photovoltaic Module Recycling Growth Trends by Region
2.2.1 Global Photovoltaic Module Recycling Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Photovoltaic Module Recycling Historic Market Size by Region (2018-2023)
2.2.3 Photovoltaic Module Recycling Forecasted Market Size by Region (2024-2029)
2.3 Photovoltaic Module Recycling Market Dynamics
2.3.1 Photovoltaic Module Recycling Industry Trends
2.3.2 Photovoltaic Module Recycling Market Drivers
2.3.3 Photovoltaic Module Recycling Market Challenges
2.3.4 Photovoltaic Module Recycling Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Photovoltaic Module Recycling Players by Revenue
3.1.1 Global Top Photovoltaic Module Recycling Players by Revenue (2018-2023)
3.1.2 Global Photovoltaic Module Recycling Revenue Market Share by Players (2018-2023)
3.2 Global Photovoltaic Module Recycling Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Photovoltaic Module Recycling Revenue
3.4 Global Photovoltaic Module Recycling Market Concentration Ratio
3.4.1 Global Photovoltaic Module Recycling Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Photovoltaic Module Recycling Revenue in 2022
3.5 Photovoltaic Module Recycling Key Players Head office and Area Served
3.6 Key Players Photovoltaic Module Recycling Product Solution and Service
3.7 Date of Enter into Photovoltaic Module Recycling Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Photovoltaic Module Recycling Breakdown Data by Type
4.1 Global Photovoltaic Module Recycling Historic Market Size by Type (2018-2023)
4.2 Global Photovoltaic Module Recycling Forecasted Market Size by Type (2024-2029)
5 Photovoltaic Module Recycling Breakdown Data by Application
5.1 Global Photovoltaic Module Recycling Historic Market Size by Application (2018-2023)
5.2 Global Photovoltaic Module Recycling Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Photovoltaic Module Recycling Market Size (2018-2029)
6.2 North America Photovoltaic Module Recycling Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Photovoltaic Module Recycling Market Size by Country (2018-2023)
6.4 North America Photovoltaic Module Recycling Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Photovoltaic Module Recycling Market Size (2018-2029)
7.2 Europe Photovoltaic Module Recycling Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Photovoltaic Module Recycling Market Size by Country (2018-2023)
7.4 Europe Photovoltaic Module Recycling Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Photovoltaic Module Recycling Market Size (2018-2029)
8.2 Asia-Pacific Photovoltaic Module Recycling Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Photovoltaic Module Recycling Market Size by Region (2018-2023)
8.4 Asia-Pacific Photovoltaic Module Recycling Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Photovoltaic Module Recycling Market Size (2018-2029)
9.2 Latin America Photovoltaic Module Recycling Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Photovoltaic Module Recycling Market Size by Country (2018-2023)
9.4 Latin America Photovoltaic Module Recycling Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Photovoltaic Module Recycling Market Size (2018-2029)
10.2 Middle East & Africa Photovoltaic Module Recycling Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Photovoltaic Module Recycling Market Size by Country (2018-2023)
10.4 Middle East & Africa Photovoltaic Module Recycling Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 We Recycle Solar
11.1.1 We Recycle Solar Company Detail
11.1.2 We Recycle Solar Business Overview
11.1.3 We Recycle Solar Photovoltaic Module Recycling Introduction
11.1.4 We Recycle Solar Revenue in Photovoltaic Module Recycling Business (2018-2023)
11.1.5 We Recycle Solar Recent Development
11.2 Technology Review
11.2.1 Technology Review Company Detail
11.2.2 Technology Review Business Overview
11.2.3 Technology Review Photovoltaic Module Recycling Introduction
11.2.4 Technology Review Revenue in Photovoltaic Module Recycling Business (2018-2023)
11.2.5 Technology Review Recent Development
11.3 First Solar
11.3.1 First Solar Company Detail
11.3.2 First Solar Business Overview
11.3.3 First Solar Photovoltaic Module Recycling Introduction
11.3.4 First Solar Revenue in Photovoltaic Module Recycling Business (2018-2023)
11.3.5 First Solar Recent Development
11.4 Resource Recycling
11.4.1 Resource Recycling Company Detail
11.4.2 Resource Recycling Business Overview
11.4.3 Resource Recycling Photovoltaic Module Recycling Introduction
11.4.4 Resource Recycling Revenue in Photovoltaic Module Recycling Business (2018-2023)
11.4.5 Resource Recycling Recent Development
11.5 PVRE Cycle
11.5.1 PVRE Cycle Company Detail
11.5.2 PVRE Cycle Business Overview
11.5.3 PVRE Cycle Photovoltaic Module Recycling Introduction
11.5.4 PVRE Cycle Revenue in Photovoltaic Module Recycling Business (2018-2023)
11.5.5 PVRE Cycle Recent Development
11.6 Retrofit Companies
11.6.1 Retrofit Companies Company Detail
11.6.2 Retrofit Companies Business Overview
11.6.3 Retrofit Companies Photovoltaic Module Recycling Introduction
11.6.4 Retrofit Companies Revenue in Photovoltaic Module Recycling Business (2018-2023)
11.6.5 Retrofit Companies Recent Development
11.7 NPC
11.7.1 NPC Company Detail
11.7.2 NPC Business Overview
11.7.3 NPC Photovoltaic Module Recycling Introduction
11.7.4 NPC Revenue in Photovoltaic Module Recycling Business (2018-2023)
11.7.5 NPC Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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