Energy & Power Solar Panel Recycling Market Growth Forecast

Global Solar Panel Recycling Market to Expand on the Back of
Favorable Government Policies with USD 325 Billion by 2027
In a recently published report by Research Nester titled “Solar Panel
Recycling Market: Global Demand Analysis & Opportunity
Outlook 2027” delivers detailed overview of the solar panel recycling
market in terms of market segmentation by shelf life, by type, by process, by
end users and by region.
The global solar panel recycling market is anticipated to surpass USD 325
Billion by 2027 on account of increased adoption of solar power energy
generation methods backed by favored regulations across the globe. The
market is anticipated to record a CAGR of around 21.4% over the forecast
period i.e. 2019-2027. The market is segmented by shelf life into normal and
early loss segments. The market is further segmented by type into
monocrystalline, polycrystalline, thin film and others. On the basis of
process, the market is segmented into thermal, mechanical and laser. By end
users, the market is segmented into manufacturers and government
authorities.
North America region is anticipated to witness significant growth during the
forecast period owing to the increasing use of solar panels along with
stringent recycling regulations in the region. The growing adoption of solar
panels in emerging countries, such as, India & China is expected to create
new growth opportunities for market players in the near future. These factors
are estimated to boost the growth of the market in Asia-Pacific region.
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