The Asia Pacific (APAC) solar panel recycling market is projected to grow at a CAGR of 27.86% during the forecast period. Rapid rise in the adoption of solar energy in countries like Japan, China, and India are significantly driving the demand for solar panel recycling solutions and services in the region. According to IRENA statistics, total solar PV installed capacity in Asia has reached 209,460 MW in 2017 from 370 MW in 2000. There has been a rise in the volume of solar panel waste in the region which is positively impacting the growth of APAC solar panel recycling market. By country, Japan holds the major market share owing to early installation of solar panels coupled with proper law for disposing off end-of-life and damaged solar panels in the country.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the countries. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Asia Pacific (APAC) solar panel recycling market value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Asia Pacific (APAC) Solar Panel Recycling market.
Major industry players profiled as part of the report are Infoactiv, PV Techno Cycle, Reclaim PV Recycling, Yuepeng New Energy, Kunshan Aotesi Solar Technology, and Poseidon Solar Services Pvt Ltd.
Asia Pacific (APAC) solar panel recycling market has been analyzed through following segments:
By Type of Solar Panel