The North America solar panel recycling market is projected to grow at a CAGR of 26.21% during the forecast period. Rising adoption of solar energy solutions in countries like U.S., Canada, and Mexico is driving the demand for solar panel recycling solutions in the region. According to IRENA statistics, the regular-loss solar panel waste volume in the region is projected to increase from 7200 tons in 2016 to 189,500 tonnes in 2030. Rising awareness about the harmful impact of elements present in the solar panel is also forcing companies to opt for recycling services, thus positively impacting the market growth.
This research study examines the current market trends related to 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 geographical regions. 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 North America 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 a faster and efficient understanding of the North America Solar Panel Recycling market.
Major industry players profiled as part of the report are PV Recycling, SRS, First Solar, Canadian Solar, Dynamic Lifecycle Innovations, ECS Refining, and Tekovery.
North America solar panel recycling market has been analyzed through the following segments:
By Type of Solar Panel