×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

US Solar Panel Recycling Market

ID: MRFR/EnP/12263-HCR
100 Pages
Snehal Singh
October 2025

US Solar Panel Recycling Market Research Report By Type (Monocrystalline, Polycrystalline, Thin Film), By Process (Thermal, Mechanical, Laser) and By Application (Solar Panel Manufacturing, Construction, Metal Industry, Electronics & Semiconductor industry) - Forecast to 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

US Solar Panel Recycling Market Infographic
Purchase Options

US Solar Panel Recycling Market Summary

As per MRFR analysis, the US solar panel recycling market size was estimated at 23.33 USD Million in 2024. The US solar panel-recycling market is projected to grow from 26.38 USD Million in 2025 to 90.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 13.06% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The US The solar panel recycling market is poised for growth, driven by regulatory support and technological advancements.

  • Regulatory developments are shaping the landscape of the solar panel-recycling market, fostering compliance and innovation.
  • Technological innovations in recycling processes are enhancing efficiency and reducing costs, making recycling more viable.
  • Increased industry collaboration is emerging as stakeholders unite to address challenges and share best practices in recycling.
  • Growing environmental awareness and economic incentives for recycling are key drivers propelling the market forward.

Market Size & Forecast

2024 Market Size 23.33 (USD Million)
2035 Market Size 90.0 (USD Million)

Major Players

First Solar (US), Veolia (FR), Sungrow (CN), Recycling Technologies (GB), SolarCycle (US), Enel Green Power (IT), Canadian Solar (CA), Ecolomondo (CA)

US Solar Panel Recycling Market Trends

The solar panel recycling market is currently experiencing a notable transformation. This change is driven by increasing awareness of environmental sustainability and the need for responsible waste management. As the adoption of solar energy continues to rise, the volume of end-of-life solar panels is expected to grow significantly. This situation presents both challenges and opportunities for the recycling sector. Stakeholders are increasingly recognizing the importance of developing efficient recycling processes to recover valuable materials, such as silicon, silver, and other metals, which can be reused in new solar panels or other applications. Furthermore, regulatory frameworks are evolving to support recycling initiatives, encouraging manufacturers to take responsibility for the lifecycle of their products. In addition to regulatory support, technological advancements are playing a crucial role in enhancing recycling efficiency. Innovative methods are being developed to improve the recovery rates of materials from solar panels, which could lead to reduced costs and increased profitability for recycling facilities. The collaboration between manufacturers, recyclers, and policymakers is essential to create a sustainable ecosystem that promotes the circular economy. As the solar panel-recycling market matures, it is likely to attract investments and foster new business models that prioritize sustainability and resource conservation.

Regulatory Developments

Recent changes in regulations are shaping the landscape of the solar panel-recycling market. Governments are implementing stricter guidelines to ensure proper disposal and recycling of solar panels, which encourages manufacturers to adopt sustainable practices. This regulatory push is likely to enhance accountability and promote the establishment of recycling facilities.

Technological Innovations

Advancements in recycling technologies are significantly impacting the solar panel-recycling market. New methods are emerging that improve the efficiency of material recovery from end-of-life panels. These innovations may lead to lower operational costs and higher recovery rates, making recycling more economically viable.

Increased Industry Collaboration

There is a growing trend of collaboration among various stakeholders in the solar panel-recycling market. Manufacturers, recyclers, and policymakers are increasingly working together to develop best practices and share knowledge. This collaboration could facilitate the establishment of a more robust recycling infrastructure.

US Solar Panel Recycling Market Drivers

Growing Environmental Awareness

The increasing awareness of environmental issues among consumers and businesses is driving the solar panel-recycling market. As more individuals recognize the importance of sustainability, there is a heightened demand for responsible disposal and recycling of solar panels. This trend is reflected in the rising number of states implementing regulations that promote recycling initiatives. In 2023, approximately 20 states in the US adopted policies aimed at enhancing recycling efforts for solar panels, indicating a shift towards a more sustainable approach. The solar panel-recycling market is likely to benefit from this growing consciousness, as consumers seek to minimize their ecological footprint and support eco-friendly practices.

Economic Incentives for Recycling

Economic factors play a crucial role in the solar panel-recycling market. Financial incentives, such as tax credits and grants, are increasingly being offered by state and federal governments to encourage recycling initiatives. For instance, the US government has allocated over $50 million in grants to support recycling programs in 2025. These economic incentives not only reduce the cost burden on consumers but also stimulate investment in recycling technologies. As a result, the solar panel-recycling market is expected to expand, driven by the financial benefits associated with recycling and the potential for job creation in the green economy.

Rising Demand for Renewable Energy

The increasing demand for renewable energy sources is indirectly influencing the solar panel-recycling market. As the adoption of solar energy continues to rise, so does the volume of solar panels reaching the end of their operational life. In 2025, it is estimated that over 1 million tons of solar panels will require recycling in the US. This surge in demand for solar energy translates to a corresponding need for effective recycling solutions to manage waste. The solar panel recycling market is likely to expand as stakeholders recognize the importance of recycling in supporting the growth of renewable energy and mitigating environmental impacts.

Legislative Support for Sustainable Practices

Legislation aimed at promoting sustainability is a key driver of the solar panel-recycling market. Recent laws have been enacted to mandate the recycling of solar panels at the end of their life cycle, ensuring that manufacturers take responsibility for their products. In 2025, several states have introduced bills that require solar panel manufacturers to establish take-back programs, which could significantly increase recycling rates. This legislative support not only encourages responsible practices but also fosters a circular economy within the solar industry. Consequently, the solar panel-recycling market is poised for growth as compliance with these regulations becomes essential for manufacturers.

Technological Advancements in Recycling Processes

Innovations in recycling technologies are significantly impacting the solar panel-recycling market. Advanced methods for recovering valuable materials from solar panels, such as silicon, silver, and other metals, are being developed. These technologies enhance the efficiency and effectiveness of recycling processes, making it more economically viable. For example, new techniques have been shown to increase material recovery rates by up to 90%, which could lead to a more sustainable supply chain for solar panel production. As these advancements continue to emerge, the solar panel-recycling market is likely to experience growth, driven by the need for efficient recycling solutions.

Market Segment Insights

By Type: Monocrystalline (Largest) vs. Polycrystalline (Fastest-Growing)

The market share distribution in the US solar panel-recycling market reveals that Monocrystalline panels are the largest segment, commanding a significant portion due to their widespread adoption in solar installations. Alongside, Polycrystalline panels also hold a noteworthy share, but their unique recycling requirements and lower cost make them increasingly popular among manufacturers aiming for eco-friendly solutions. The Thin Film segment, while present, remains smaller but is important for niche applications. Growth trends indicate that the Polycrystalline segment is rapidly gaining traction, driven by technological advancements that enhance efficiency and the increasing regulatory focus on sustainability. As more consumers and businesses turn towards renewable energy, the demand for recycling these panels will continue to rise. As such, this segment is garnering more investments, positioning itself for a substantial share in future dynamics.

Monocrystalline (Dominant) vs. Thin Film (Emerging)

Monocrystalline panels are recognized as the dominant force in the US solar panel-recycling market, boasting a higher efficiency rate and a longer lifespan than their counterparts. Their solid performance in energy generation leads to a larger volume of waste requiring recycling. In contrast, Thin Film panels, while emerging, are increasingly favored in specific sectors thanks to their lightweight and flexible characteristics, making them suitable for diverse applications. As innovations cut down production costs and improve recycling methodologies, Thin Film technology is expected to gain a foothold, motivating stakeholders to focus on effective recycling solutions.

By Process: Mechanical (Largest) vs. Thermal (Fastest-Growing)

In the US solar panel-recycling market, the Mechanical process has secured the largest share among the various recycling methods available. This method, widely adopted by numerous companies, capitalizes on its efficiency and cost-effectiveness. It allows for the quick dismantling and recovery of valuable materials, which is essential as the recycling demand continues to grow. Meanwhile, the Thermal process is emerging as the fastest-growing segment within the market. This method's rise can be attributed to technological advancements that enhance its efficacy in recovering materials from solar panels. Furthermore, increasing environmental regulations and a demand for sustainable practices are propelling companies towards adopting Thermal techniques for recycling, showcasing a shift in industry focus towards more innovative solutions.

Process: Mechanical (Dominant) vs. Thermal (Emerging)

The Mechanical process, being the most established in the US solar panel-recycling market, dominates due to its practical approach that maximizes material recovery. It efficiently separates glass, metals, and other components, thus facilitating the reuse of valuable inputs in new products. On the other hand, the Thermal process is gaining traction as an emerging alternative that presents significant potential for improved recycling rates. Its ability to handle complex panel designs and incorporate advanced heat technologies is appealing to recyclers seeking to maximize recovery and adapt to evolving market needs. This juxtaposition of the two methods highlights the ongoing innovation within the market as players strive for optimal recycling solutions.

By Application: Solar Panel Manufacturing (Largest) vs. Construction (Fastest-Growing)

The US solar panel-recycling market displays a diverse application landscape, with Solar Panel Manufacturing holding the largest market share. This segment is primarily driven by the demand for sustainable practices in manufacturing and increased regulatory pressures for recycling. On the other hand, the Construction sector is emerging as a significant contender, benefiting from the trend towards green building practices and the need for eco-friendly disposal solutions. This growing awareness is steering the construction industry to adopt solar panel recycling practices more actively. In terms of growth trends, the Construction sector is anticipated to be the fastest-growing segment as more companies commit to sustainability and seek to integrate recycling practices into their processes. This change is fueled by legislative support and incentives aimed at promoting recycling and waste reduction. Both segments are expected to evolve, with a shared focus on sustainability and environmental responsibility, positioning them favorably for future growth.

Solar Panel Manufacturing (Dominant) vs. Construction (Emerging)

Solar Panel Manufacturing represents a dominant force in the application segment of the US solar panel-recycling market. This sector focuses on the recovery of materials like silicon and metals from decommissioned panels, ensuring minimal waste and maximum reuse. Its established infrastructure and technological advancements contribute to its strong market position. Conversely, the Construction sector is emerging as a valuable player, characterized by its increasing integration of recycled materials into new projects and a growing commitment to sustainability. This segment is highly dynamic, driven by innovations in waste management and the circular economy. As construction companies embrace solar panel recycling, they are not only enhancing resource efficiency but also meeting regulatory requirements and consumer demand for greener practices.

Get more detailed insights about US Solar Panel Recycling Market

Key Players and Competitive Insights

The solar panel-recycling market is currently characterized by a dynamic competitive landscape, driven by increasing regulatory pressures and a growing emphasis on sustainability. Key players are actively positioning themselves through innovative strategies, partnerships, and technological advancements. For instance, First Solar (US) has focused on enhancing its recycling capabilities, aiming to recover up to 90% of materials from decommissioned panels. This commitment to sustainability not only strengthens its market position but also aligns with the broader industry trend towards circular economy practices. Similarly, SolarCycle (US) has been making strides in developing proprietary recycling technologies that promise to reduce costs and improve efficiency, thereby enhancing its competitive edge in the market.

The business tactics employed by these companies reflect a concerted effort to optimize supply chains and localize manufacturing processes. The market appears moderately fragmented, with several players vying for dominance. However, the collective influence of major companies like Veolia (FR) and Enel Green Power (IT) suggests a trend towards consolidation, as these firms leverage their extensive networks and resources to enhance operational efficiencies and expand their service offerings.

In October 2025, Veolia (FR) announced a strategic partnership with a leading solar panel manufacturer to establish a new recycling facility in the US. This facility is expected to significantly increase the company’s recycling capacity, allowing it to process a greater volume of solar panels and recover valuable materials. The strategic importance of this move lies in Veolia's ability to enhance its operational footprint in the US, thereby positioning itself as a key player in the growing recycling market.

In September 2025, SolarCycle (US) launched a new initiative aimed at increasing public awareness about the importance of solar panel recycling. This campaign not only seeks to educate consumers but also aims to establish SolarCycle as a thought leader in the sustainability space. By fostering community engagement, the company is likely to enhance its brand reputation and drive demand for its recycling services, which could translate into increased market share.

As of November 2025, the competitive trends shaping the solar panel-recycling market include a strong focus on digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances are becoming increasingly prevalent, as companies recognize the value of collaboration in enhancing their capabilities and expanding their market reach. Looking ahead, it appears that competitive differentiation will increasingly hinge on innovation and technological advancements rather than solely on price. Companies that can effectively leverage their supply chain reliability and invest in cutting-edge recycling technologies are likely to emerge as leaders in this evolving landscape.

Key Companies in the US Solar Panel Recycling Market market include

Industry Developments

In the US Solar Panel Recycling Market, there have been significant developments in recent months. Companies such as SolarCycle, First Solar, and Recycling Technologies have been at the forefront of initiatives to enhance recycling processes for solar panels, focusing on reducing waste and recovering valuable materials. In terms of mergers and acquisitions, American Solar Direct announced a strategic alliance with Duke Energy in September 2023 to advance their recycling capabilities, further solidifying their position in the market.

Meanwhile, GreenCitizen has expanded its network in California to facilitate the collection and recycling of solar waste, demonstrating an increasing emphasis on sustainability. Recent market growth reflects heightened regulatory support for recycling initiatives, with new guidelines that came into effect in July 2023 aimed at promoting the circular economy in solar technologies. The total market valuation for solar panel recycling is projected to increase significantly over the next few years, driven by growing environmental concerns and a rising number of end-of-life solar installations. This sector is evolving rapidly as stakeholders recognize the importance of responsible disposal and resource recovery.

Future Outlook

US Solar Panel Recycling Market Future Outlook

The solar panel-recycling market is projected to grow at 13.06% CAGR from 2024 to 2035, driven by regulatory support, technological advancements, and increasing waste management needs.

New opportunities lie in:

  • Development of automated recycling facilities for efficient material recovery.
  • Partnerships with solar manufacturers for end-of-life panel take-back programs.
  • Investment in R&D for innovative recycling technologies to enhance profitability.

By 2035, the market is expected to be robust, driven by sustainable practices and increased recycling capabilities.

Market Segmentation

US Solar Panel Recycling Market Type Outlook

  • Monocrystalline
  • Polycrystalline
  • Thin Film

US Solar Panel Recycling Market Process Outlook

  • Thermal
  • Mechanical
  • Laser

US Solar Panel Recycling Market Application Outlook

  • Solar Panel Manufacturing
  • Construction
  • Metal Industry
  • Electronics & Semiconductor industry

Report Scope

MARKET SIZE 2024 23.33(USD Million)
MARKET SIZE 2025 26.38(USD Million)
MARKET SIZE 2035 90.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 13.06% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled First Solar (US), Veolia (FR), Sungrow (CN), Recycling Technologies (GB), SolarCycle (US), Enel Green Power (IT), Canadian Solar (CA), Ecolomondo (CA)
Segments Covered Type, Process, Application
Key Market Opportunities Emerging technologies enhance efficiency in the solar panel-recycling market, addressing environmental concerns and regulatory demands.
Key Market Dynamics Regulatory changes and technological advancements drive growth in the solar panel-recycling market, enhancing sustainability efforts.
Countries Covered US

Leave a Comment

FAQs

What is the expected market size of the US Solar Panel Recycling Market in 2024?

The US Solar Panel Recycling Market is expected to be valued at 25.0 million USD in 2024.

What will be the projected market size by 2035?

The market is projected to reach a value of 90.0 million USD by 2035.

What is the expected compound annual growth rate (CAGR) for the market from 2025 to 2035?

The expected CAGR from 2025 to 2035 is 12.35 percent.

Which segment has the largest market share in 2024?

The Monocrystalline segment has the largest market share valued at 10.0 million USD in 2024.

What is the projected market size for Polycrystalline in 2035?

The projected market size for Polycrystalline is 27.0 million USD in 2035.

Who are the key players in the US Solar Panel Recycling Market?

Major players include American Solar Direct, Sonnen, SolarCycle, and First Solar among others.

What is the expected value of the Thin Film segment in 2024?

The expected value of the Thin Film segment is 7.5 million USD in 2024.

What are some growth drivers for the US Solar Panel Recycling Market?

Increasing awareness of sustainable practices and regulatory pressures are key growth drivers.

What challenges might impact the market's growth over the forecast period?

Challenges include technological hurdles and the need for improved recycling processes.

What is the significance of market trends in the US Solar Panel Recycling Market?

Key trends include the push for circular economy practices and innovations in recycling technologies.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions