Dublin, Dec. 20, 2018 (GLOBE NEWSWIRE) -- The "Solar Panel Recycling Market - Forecasts From 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

Solar Panel Recycling market was valued at US$168.143 million in 2017 and is projected to expand at a CAGR of 42.05% over the forecast period to reach US$1381.509 million by 2023.

Solar power is the fastest growing source of renewable energy among all the other renewable energy sources. Rising energy prices coupled with high levels of pollution has led to a boom in the use of solar panels across the globe, especially in China and the U.S.

According to the World Energy Council, global solar installed capacity rose from 68.8 GW in 2011 to 227 GW in 2016. Declining prices of solar panels and supportive government policies and initiatives as a move toward cleaner, reliable, and affordable sources of electricity are significantly boosting the adoption of solar energy across the globe.

However, most countries do not have a robust recycling infrastructure for solar panels.

According to a report by the International Renewable Energy Agency (IRENA), the total volume of accumulated global photovoltaic panel waste is estimated to reach to around 60 to 78 million tons by 2050. As a result, there will be a burgeoning demand for solar panel recycling plants and solutions worldwide in the coming years.

Major industry players profiled as part of the report Yingli Solar, Reclaim PV Recycling, SRS, and First Solar among others.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Solar Panel Recycling Market by Type of Solar Panel
5.1. Silicon-based
5.2. Thin-Film based
5.3. Others

6. Solar Panel Recycling Market by Geography

7. Competitive Intelligence
7.1. Investment Analysis
7.2. Recent Deals
7.3. Strategies of Key Players

8. Company Profiles
8.1. Yingli Solar
8.2. Reclaim PV Recycling
8.3. Recycle Solar Technologies Limited
8.4. First Solar
8.5. Envaris
8.6. SRS

For more information about this report visit https://www.researchandmarkets.com/research/knlhbd/global_solar?w=12

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Related Topics: Recycling and Recycled Materials, Photovoltaics