Global Solar Panel Recycling Market Size & Outlook

The global solar panel recycling market size was estimated at USD 322.9 million in 2024 and is projected to reach USD 548.0 million by 2030, growing at a CAGR of 7.3% from 2025 to 2030.
Revenue, 2024 (US$M)
$322.9
Forecast, 2030 (US$M)
$548.0
CAGR, 2025 - 2030
7.3%
Report Coverage
Worldwide

Global solar panel recycling market, 2018-2030 (US$M)

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Global solar panel recycling market highlights

  • The global solar panel recycling market generated a revenue of USD 322.9 million in 2024 and is expected to reach USD 548.0 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 7.3% by 2030.
  • In terms of segment, mechanical accounted for a revenue of USD 228.8 million in 2024.
  • Laser is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 322.9 million
Market revenue in 2030USD 548.0 million
Growth rate7.3% (CAGR from 2025 to 2030)
Largest segmentMechanical
Fastest growing segmentLaser
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMechanical, Thermal, Laser

Other key industry trends

  • In terms of revenue, the North America accounted for 18.3% of the global solar panel recycling market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 29.2 million by 2030.

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Solar Panel Recycling Market outlook Companies

Name Profile # Employees HQ Website
Envaris View profile 11-50 Berlin, Berlin, Germany, Europe https://envaris.de
Reiling View profile 501-1000 Marienfeld, Nordrhein-Westfalen, Germany, Europe https://www.reiling.de
Silrec Corporation View profile 1-10 Lexington, Kentucky, United States, North America http://www.silrec.com
SiC Processing View profile 501-1000 Hirschau, Bayern, Germany, Europe http://www.sic-processing.com
Yingli Green Energy Holding View profile 10001+ Baoding, Hebei, China, Asia http://www.yinglisolar.com/en/
Echo View profile 11-50 San Diego, California, United States, North America http://discover-echo.com/
TRINA SOLAR LTD View profile 10001+ Changzhou, Zhejiang, China, Asia http://www.trinasolar.com/
SunPower Corp View profile 4710 51 Rio Robles, San Jose, CA, United States, 95134 https://www.sunpower.com
Canadian Solar Inc View profile 22234 545 Speedvale Avenue West, Guelph, ON, Canada, N1K 1E6 https://www.canadiansolar.com
First Solar Inc View profile 6700 350 West Washington Street, Suite 600, Tempe, AZ, United States, 85288 https://www.firstsolar.com
Aurubis AG View profile 7305 Hovestrasse 50, Hamburg, BY, Germany, 20539 https://www.aurubis.com
Hanwha View profile 5001-10000 Seoul, Seoul-t'ukpyolsi, South Korea, Asia https://www.hanwhacorp.co.kr/eng/index.jsp

Global solar panel recycling market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to solar panel recycling market will help companies and investors design strategic landscapes.


Mechanical was the largest segment with a revenue share of 70.86% in 2024. Horizon Databook has segmented the Global solar panel recycling market based on mechanical, thermal, laser covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Solar Panel Recycling Type Outlook (Revenue, USD Million, 2018-2030)
    • Mechanical
    • Thermal
    • Laser
  • Global Solar Panel Recycling Shelf Life Outlook (Revenue, USD Million, 2018-2030)
    • Normal loss
    • Early loss
  • Global Solar Panel Recycling Technique Outlook (Revenue, USD Million, 2018-2030)
    • Monocrystalline
    • Polycrystalline
    • Thin Film

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Target buyers of Global solar panel recycling market databook

  • Our clientele includes a mix of solar panel recycling market companies, investment firms, advisory firms & academic institutions.
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  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global solar panel recycling market , including forecasts for subscribers. This global databook contains high-level insights into Global solar panel recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global solar panel recycling market size, by regions, 2018-2030 (US$M)

Top 10 countries: Solar panel recycling market size, 2024 (US$M)

Global solar panel recycling market share, by technique, 2024 & 2030 (%, US$M)

Solar panel recycling market: Opportunity assessment by country

Global solar panel recycling market, by region, 2024 (US$M)

Global solar panel recycling market size, by regions, 2018-2030 (US$M)

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