You're contacting media contact of this press release

Title: Solar Panel Recycling The Next Billion-Dollar Green Opportunity

Pune, Maharashtra, India, 18th Jun 2025 - The Solar Panel Recycling market reached a valuation of USD 173.4 million in 2023, with projections indicating growth to USD 471.2 million by 2030. This market is anticipated to exhibit a compound annual growth rate (CAGR) of 20.1% from 2025 to 2030. The primary focus of the Global Solar Panel Recycling Market is the recovery and recycling of materials from decommissioned solar panels, a response to the increasing volumes of solar waste as global installations continue to escalate.As per analysis published by Mark & Spark Solutions estimates that, global discarded solar panel mass rose from 300,000 tons in 2020 and is estimated to reach nearly 1 million tons in 2025 a fourfold increase. By 2030, the IEA projects around 8 million tons of retired panels globally, with a tenfold jump to 78 million tons by 2050. Overall recycling cost of solar panel has fallen from USD 45 to USD 30 and this trend is estimated to fall in the coming years.For complete pricing breakdown visit: https://marksparksolutions.com/reports/solar-panel-recycling-marketKey factors driving this market's expansion include the rapid growth of solar energy adoption, stringent environmental regulations, and rising costs of raw materials. These elements collectively underscore the demand for efficient recycling solutions. The presence of valuable materials in solar panels, such as silicon, silver, and aluminum, significantly contributes to the economic feasibility of recycling efforts. As the industry evolves, the importance of sustainable practices in managing solar waste becomes ever more critical.Initiatives such as Extended Producer Responsibility (EPR) in regions like Europe and Australia are significantly transforming the solar panel recycling landscape...

This press release is issued by King Newswire