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Download Free sampleThe global Solar Panel Recycling Management market was valued at 34.65 Million USD in 2021 and will grow with a CAGR of 33.82% from 2021 to 2027.
The prime objective of Solar Panel Recycling Management Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Solar Panel Recycling Management Market covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Solar panels have a lifetime of about 30 years. With the increasing number of solar panels being sold and installed in the United States each year, it`s only a matter of time before high volumes of silicon solar panels are at the end of their useful life and have to be disposed of. Solar panel recycling is still at a very early stage, but as the market continues to grow, it will have an important part to play in the solar industry.Recycling solar panels can only be effective if the materials used to build them are able to be used again, 30 or more years later. Solar panels are made from several components, including silicon solar cells, metal framing, glass sheets, wires, plexiglas. It`s clear that many of the core components of solar panels can be recycled on their own. Metal, glass, and wiring can all be recycled and reused. Silicon cells, the component that is most essential to producing electricity, are a slightly different story. While silicon wafers are not recyclable like glass and plastic are, some specialty recycling companies are able to reuse silicon cells by melting them down and reclaiming the silicon and various metals.
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