Middle East & Africa Lithium-Ion Battery Recycling Market to 2032

Overview

The Middle East & Africa Lithium-Ion Battery Recycling Market is expected to reach a 419.73 USD Million by 2032 and is projected to grow at a CAGR of 24.80% from 2025 to 2032.

Revenue, 2024 (USD Million)

96.92

Forecast, 2032 (USD Million)

419.73

CAGR, 2024 - 2032

24.80%

Report Coverage

Middle East & Africa

Middle East & Africa Lithium-Ion Battery Recycling Market 2018-2032 USD Million

Middle East & Africa Lithium-Ion Battery Recycling Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 96.92 USD Million
Projected Market Size (2032): 419.73 USD Million
CAGR (2025-2032): 24.80%

Key Findings of Middle East & Africa Lithium-Ion Battery Recycling Market

The Middle East & Africa Lithium-Ion Battery Recycling Market was valued at 96.92 USD Million in 2024.
The Middle East & Africa Lithium-Ion Battery Recycling Market is likely to grow at a CAGR of 24.80% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Active Material in Component Segment accounted for the largest share of the market with a revenue of 59.43 USD Million
The fastest growing segment Lithium-Nickel Manganese Cobalt (Li-NMC) in Chemistry Segment grew Fastest with a CAGR of 27.14% during the forecast period from 2024 to 2032.

Middle East & Africa Lithium-Ion Battery Recycling Market Scope

Middle East & Africa Lithium-Ion Battery Recycling Market Segmentation & Scope

Component

Non-Active Material
Active Material

Chemistry

Lithium-Titanate Oxide (LTO)
Lithium-Nickel Cobalt Aluminum Oxide (NCA)
Lithium-Iron Phosphate (LFP)
Lithium-Manganese Oxide (LMO)
Lithium Cobalt Oxide (LCO)
Lithium-Nickel Manganese Cobalt (Li-NMC)

Recycling Process

Physical/ Mechanical Process
Pyrometallurgy Process
Hydrometallurgical Process

Middle East & Africa Lithium-Ion Battery Recycling Market Data Coverage Insights

Study Period	2024-2032
Base Year	2022
Unit	Revenue in USD Million
Market Value in 2024	96.92 USD Million
Market Value in 2032	419.73 USD Million
CAGR (2025-2032)	24.80%
Historic Data	2016-2023
Market Segments Covered	Component,Chemistry,Recycling Process

Regional Insights:

Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 96.92 USD Million in 2024
- Key Country: Israel, leading in terms of revenue with value of 28.20 USD Million in 2024.

Segments and Scope

Middle East & Africa Lithium-Ion Battery Recycling Market to 2032, By Component
- Active Material is the largest segment in Middle East & Africa Lithium-Ion Battery Recycling Market to 2032 with a revenue of 59.43 USD Million in the year 2024.
- Active Material is the Fastest growing segment in Middle East & Africa Lithium-Ion Battery Recycling Market to 2032 with a Growth rate of 26.11 % in forecast period 2025-2032.
Middle East & Africa Lithium-Ion Battery Recycling Market to 2032, By Chemistry
- Lithium-Nickel Manganese Cobalt (Li-NMC) is the largest segment in Middle East & Africa Lithium-Ion Battery Recycling Market to 2032 with a revenue of 36.94 USD Million in the year 2024.
- Lithium-Nickel Manganese Cobalt (Li-NMC) is the Fastest growing segment in Middle East & Africa Lithium-Ion Battery Recycling Market to 2032 with a Growth rate of 27.14 % in forecast period 2025-2032.
Middle East & Africa Lithium-Ion Battery Recycling Market to 2032, By Recycling Process
- Hydrometallurgical Process is the largest segment in Middle East & Africa Lithium-Ion Battery Recycling Market to 2032 with a revenue of 45.03 USD Million in the year 2024.
- Hydrometallurgical Process is the Fastest growing segment in Middle East & Africa Lithium-Ion Battery Recycling Market to 2032 with a Growth rate of 26.12 % in forecast period 2025-2032.

Middle East & Africa Lithium-Ion Battery Recycling Market Company Share Analysis

Company Name
Umicore
Veolia
GEM Co., Ltd.
Glencore
Contemporary Amperex Technology Co., Limited

Middle East & Africa Lithium-Ion Battery Recycling Market Geographical Sales Distribution, 2018-2032 USD Million

Middle East & Africa Lithium-Ion Battery Recycling Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Middle East & Africa Lithium-Ion Battery Recycling Market?

The Middle East & Africa Lithium-Ion Battery Recycling Market is segmented based on Segmentation Component,Chemistry,Recycling Process.

What is the current market size of the Middle East & Africa Lithium-Ion Battery Recycling Market?

Middle East & Africa Lithium-Ion Battery Recycling Market was valued at USD 96.92(Revenue in USD Million) in 2022.

What is the expected growth rate of the Middle East & Africa Lithium-Ion Battery Recycling Market?

Middle East & Africa Lithium-Ion Battery Recycling Market is projected to grow at a CAGR of 24.80% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Middle East & Africa Lithium-Ion Battery Recycling Market?

The Active Material segment is expected to dominate the Middle East & Africa Lithium-Ion Battery Recycling Market, holding a largest market share of 59.43 USD Million in 2024