According to Market Research Future (MRFR)’s new study, the global solar panel recycling market is projected to expand at a CAGR of 33% during the forecast period 2018 to 2023. The market is expected to be valued at USD 300 Mn towards the end of 2023. The strong value maintained by the renewable energy sector coupled with rising investments in solar power generation is likely to catalyze the expansion of the solar panel recycling market over the assessment period.
Solar panels play an important role in generating renewable energy with their increasing deployment globally. However, as more solar panels reach the end of their useful lives, the need arises for sustainable and environment-friendly disposal and recycling. Solar panel recycling helps recover valuable materials like glass, aluminum, silicon, copper, and other rare earth metals that can be reprocessed and reused in new solar panels. Recycling solar panels prevents huge amounts of e-waste from ... Read more
