태양전지판 재활용 : 시장 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the solar panel recycling market size is expected to grow from USD 421.94 million in 2025 to USD 461.11 million in 2026 and is forecast to reach USD 718.7 million by 2031 at 9.28% CAGR over 2026-2031.

This report is Segmented by Process (Thermal, Mechanical, and Laser), Panel Type (Crystalline Silicon and Thin Film), Shelf Life (Normal Loss and Early Loss), Material Recovered (Glass, Silicon Wafers, Silver, Aluminum, and Other Metals), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD).

Global Solar Panel Recycling Market Trends and Insights

Wave of End-of-Life PV Modules Hitting in 2025-2030

A quarter-century after the first feed-in-tariff boom, a surge of legacy arrays is approaching retirement. Italy expects 4.52 million t of PV waste by 2050, peaking near 2036 when early rooftop incentives reach obsolescence. China, with 393 GW installed by 2022, anticipates 18 GW of discarded modules by 2030 and has established dedicated recycling working groups to address this stream. Volume clustering reduces unit logistics costs and enables processors to amortize high-precision equipment, shifting the solar panel recycling market from waste disposal to value extraction.

EU-Style WEEE Compliance Mandates Expanding Worldwide

The European Union's 85% collection and 80% material-recovery targets have become the default global template. Washington State's producer-take-back law took effect in July 2025. South Carolina followed in 2024 with a registration regime for arrays bigger than 13 acres. Proposed U.S. federal universal-waste rules, slated for mid-2025, would harmonize interstate requirements. For investors, predictable compliance costs underpin multiyear recycling-plant paybacks, and for the solar panel recycling market, the mandates lock in recurring feedstock.

Recycling Cost Still Exceeds Value of Recovered Bulk Glass

Glass accounts for two-thirds of a panel's mass, yet it offers minimal resale value. The cost to recycle a module can range from USD 15 to USD 45, compared to USD 2 for landfill dumping. Pilot projects in Europe, however, have produced flat glass that meets PV-grade specifications, hinting that premium, low-carbon glass could close the gap. In the near term, subsidies and ecodesign rules remain essential for the glass fraction of the solar panel recycling market.

Other drivers and restraints analyzed in the detailed report include:

1. Rising Commodity Value of Silver, Indium & Other Critical Materials
2. Commercial-Scale Mechanical + Thermal Hybrid Processes Slash Recycling Costs
3. Patchy Collection Logistics & Reverse-Supply Networks

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Mechanical shredding held a 63.72% market share in the solar panel recycling market in 2025, favoured for its low capital expenditure and proven throughput. Yet laser-enabled delamination is growing at 14.88% CAGR, leveraging femtosecond pulses to detach cells without melting solder, thereby preserving silver purity. The solar panel recycling market size for laser lines is expected to triple as NREL results move from pilot to commercial adoption. Hybrid flowsheets that begin with frame removal and conclude with laser or thermal delamination now exhibit recovery rates approaching 95%, shrinking the cost gap with raw-material imports.Second-generation facilities increasingly couple machine-vision sorters with robotic grippers, reducing hands-on labor by half and enhancing operator safety. Mechanical platforms continue to handle glass and aluminum disassembly efficiently, particularly for utility-scale inventories. The coexistence of bulk-volume and precision-value streams illustrates the solar panel recycling market's transition from a single-technology service to a diversified process portfolio optimized for a mix of feedstocks.

Crystalline silicon modules accounted for 88.34% of 2025 waste inflows, thereby anchoring the solar panel recycling market size for that category. Thin-film volumes remain modest but are forecast to grow at an 17.46% CAGR as CIGS and CdTe deployments rise, especially in utility segments. First Solar's global network, which has recycled nearly 400,000 tons of CdTe modules, showcases a 95% material recovery rate and sets a benchmark that other thin-film firms aim to match.

The economics diverge sharply: crystalline paths emphasise silver and wafer reclamation, whereas thin-film streams target tellurium, cadmium, and indium. Specialized leaching and electro-winning can now retrieve 52% or more indium within 48 hours, thereby limiting raw-material supply risk for next-generation heterojunction lines. As module diversity grows, so will tailored facilities, adding complexity but also revenue depth to the solar panel recycling market.

Complete Report Scope:

• By Process
  • Thermal
  • Mechanical
  • Laser
• By Panel Type
  • Crystalline Silicon
  • Thin Film
• By Shelf Life
  • Normal Loss (Above 25 yr)
  • Early Loss (Below 10 yr)
• By Material Recovered
  • Glass
  • Silicon Wafers
  • Silver
  • Aluminium
  • Other Metals (Cu, Indium, etc.)
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • NORDIC Countries
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • ASEAN Countries
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • South Africa
    • Turkey
    • Rest of Middle East and Africa

Geography Analysis

Europe controlled 38.15% of the solar panel recycling market in 2025, primarily due to the implementation of mandatory 85% collection and 80% recovery thresholds under the WEEE Directive. Germany forecasts 400,000-1 million t of PV waste by 2030, catalysing capacity expansions aligned with the Ecodesign Directive's stricter recyclability criteria. Cross-border collaborations, such as AGC Glass Europe partnering with ROSI on ultra-low-carbon glass, exemplify industrial alignment with circular-economy policy.

Asia-Pacific is set for a 15.92% CAGR as China's 393 GW installed base translates into the world's largest end-of-life pool. CP-funded working groups are drafting national standards, and pilot plants in Jiangsu and Shanxi are scaling mechanical-thermal hybrids to industrial levels. India's draft rules propose viability-gap funding for recyclers and mandatory waste reporting, measures expected to unlock investment once adopted. Japan's reserve-fund policy secures financing for recycling and land restoration, providing a replicable model for the region.

North America benefits from the Inflation Reduction Act's tax credits, which treat recycled metals as domestic content. Washington State's 2025 take-back law and South Carolina's 2024 siting rules add sub-national certainty. Federal universal-waste designation, anticipated in 2025, would streamline interstate flows. SOLARCYCLE's USD 344 million Cedartown plant is emblematic of private-sector confidence, capable of processing 10 million modules per year and supplying 5-6 GW of recycled glass

1. Veolia Environnement SA
2. First Solar Inc.
3. PV Cycle
4. Reclaim PV Recycling Pty Ltd
5. ROSI Solar
6. Canadian Solar Inc.
7. Hanwha Q Cells
8. Trina Solar Co. Ltd
9. Jinko Solar Holding Co. Ltd
10. SunPower Corporation
11. Sharp Corporation
12. Yingli Energy Co. Ltd
13. Reiling Group
14. We Recycle Solar Inc.
15. Green Clean Solar LLC
16. Envaris GmbH
17. Cleanlites Recycling Inc.
18. TotalEnergies Renewables (Nextcycle JV)
19. Soren EP
20. Solarcycle Inc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Wave of end-of-life (EoL) PV modules hitting in 2025-2030
  • 4.2.2 EU-style WEEE compliance mandates expanding worldwide
  • 4.2.3 Rising commodity value of silver, indium & other critical minerals
  • 4.2.4 Commercial?scale mechanical + thermal hybrid processes slash recycling costs
  • 4.2.5 Supply-chain reshoring need for secondary critical minerals
  • 4.2.6 Insurance-linked decommissioning funds demanding recycling audits
• 4.3 Market Restraints
  • 4.3.1 Recycling cost still > value of recovered bulk glass
  • 4.3.2 Patchy collection logistics & reverse-supply network
  • 4.3.3 Fragmented ownership of rooftop PV assets
  • 4.3.4 Trans-boundary haz-mat transport regulations (Pb, Cd)
• 4.4 Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Bargaining Power of Suppliers
  • 4.7.3 Bargaining Power of Buyers
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Competitive Rivalry

5 Market Size & Growth Forecasts

• 5.1 By Process
  • 5.1.1 Thermal
  • 5.1.2 Mechanical
  • 5.1.3 Laser
• 5.2 By Panel Type
  • 5.2.1 Crystalline Silicon
  • 5.2.2 Thin Film
• 5.3 By Shelf Life
  • 5.3.1 Normal Loss (Above 25 yr)
  • 5.3.2 Early Loss (Below 10 yr)
• 5.4 By Material Recovered
  • 5.4.1 Glass
  • 5.4.2 Silicon Wafers
  • 5.4.3 Silver
  • 5.4.4 Aluminium
  • 5.4.5 Other Metals (Cu, Indium, etc.)
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 NORDIC Countries
    • 5.5.2.6 Russia
    • 5.5.2.7 Rest of Europe
  • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 South Korea
    • 5.5.3.5 ASEAN Countries
    • 5.5.3.6 Rest of Asia-Pacific
  • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
  • 5.5.5 Middle East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 United Arab Emirates
    • 5.5.5.3 South Africa
    • 5.5.5.4 Turkey
    • 5.5.5.5 Rest of Middle East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves (M&A, Partnerships, PPAs)
• 6.3 Market Share Analysis (Market Rank/Share for key companies)
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
  • 6.4.1 Veolia Environnement SA
  • 6.4.2 First Solar Inc.
  • 6.4.3 PV Cycle
  • 6.4.4 Reclaim PV Recycling Pty Ltd
  • 6.4.5 ROSI Solar
  • 6.4.6 Canadian Solar Inc.
  • 6.4.7 Hanwha Q Cells
  • 6.4.8 Trina Solar Co. Ltd
  • 6.4.9 Jinko Solar Holding Co. Ltd
  • 6.4.10 SunPower Corporation
  • 6.4.11 Sharp Corporation
  • 6.4.12 Yingli Energy Co. Ltd
  • 6.4.13 Reiling Group
  • 6.4.14 We Recycle Solar Inc.
  • 6.4.15 Green Clean Solar LLC
  • 6.4.16 Envaris GmbH
  • 6.4.17 Cleanlites Recycling Inc.
  • 6.4.18 TotalEnergies Renewables (Nextcycle JV)
  • 6.4.19 Soren EP
  • 6.4.20 Solarcycle Inc.

7 Market Opportunities & Future Outlook

• 7.1 White-space & unmet-need assessment