Middle East & Africa Battery Recycling Market Size & Outlook
- Energy & Power
- Energy Storage
- Battery Recycling Market Outlook
- Energy Storage
Global Report
Related Markets
Ask a question about the battery recycling market
MEA battery recycling market highlights
- The MEA battery recycling market generated a revenue of USD 83.4 million in 2023.
- The market is expected to grow at a CAGR of 26.3% from 2024 to 2030.
- In terms of segment, lead acid was the largest revenue generating chemistry in 2023.
- Lithium-ion is the most lucrative chemistry segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 83.4 million |
| Market revenue in 2030 | USD 428.1 million |
| Growth rate | 26.3% (CAGR from 2024 to 2030) |
| Largest segment | Lead acid |
| Fastest growing segment | Lithium-ion |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lithium-ion, Lead acid, Nickel, Cobalt, Manganese |
| Key market players worldwide | Call2Recycle, EXIDE Industries, Gravita India Ltd, Glencore PLC, Gopher Resource, East Penn Manufacturing Co, Aqua Metals Inc, American Battery Technology Company, Cirba Solutions |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.6% of the battery recycling market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,498.9 million by 2030.
Battery recycling market is expected to witness a considerable growth in MEA owing to the growth of construction and industrial industries. Used lead-acid batteries are economical across Africa on account of their high lead content. End-of-life batteries are commonly sold to local scrap dealers for money.
Increasing industrialization coupled with improving infrastructure in the Middle East is expected to positively impact the market growth. Growing construction sector mainly in the U.A.E. and Qatar due to economic recovery, advanced real estate regulatory framework, and increasing infrastructure project is likely to drive the demand for batteries.
No credit card required*
Publish Date: Mar 11, 2025
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Battery Recycling Market Scope
Battery Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| EXIDE Industries | View profile | 10001+ | Kolkata, West Bengal, India, Asia | www.exideindustries.com/ |
| Gopher Resource | View profile | 501-1000 | Eagan, Minnesota, United States, North America | www.gopherresource.com/ |
| East Penn Manufacturing Co | View profile | 10001+ | Lyon Station, Pennsylvania, United States, North America | www.eastpennmanufacturing.com/ |
| Call2Recycle | View profile | 11-50 | Atlanta, Georgia, United States, North America | www.call2recycle.org/ |
| Gravita India Ltd | View profile | 251-500 | Jaipur, Rajasthan, India, Asia | www.gravitaindia.com |
| Glencore PLC | View profile | 83,426 | Baarermattstrasse 3, Baar, Switzerland, CH-6340 | www.glencore.com |
| Aqua Metals Inc | View profile | 53 | 5370 Kietzke Lane, Suite 201, Reno, NV, United States, 89511 | www.aquametals.com |
| Cirba Solutions | View profile | 51-100 | Charlotte, North Carolina, United States, North America | www.cirbasolutions.com |
| American Battery Technology Company | View profile | 51-100 | Reno, Nevada, United States, North America | americanbatterytechnology.com/ |
Middle East & Africa Battery Recycling Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Battery Recycling Market Outlook will help companies and investors design strategic landscapes.
Lead Acid was the largest segment with a revenue share of 87.53% in 2023.
Horizon Databook has segmented the Middle East & Africa battery recycling market based on lithium-ion, lead acid, nickel, cobalt, manganese covering the revenue growth of each sub-segment from 2018 to 2030.
Battery recycling market is expected to witness a considerable growth in MEA owing to the growth of construction and industrial industries. Used lead-acid batteries are economical across Africa on account of their high lead content. End-of-life batteries are commonly sold to local scrap dealers for money.
Increasing industrialization coupled with improving infrastructure in the Middle East is expected to positively impact the market growth. Growing construction sector mainly in the U.A.E. and Qatar due to economic recovery, advanced real estate regulatory framework, and increasing infrastructure project is likely to drive the demand for batteries.
- Middle East & Africa Battery Recycling Market Chemistry Outlook (Revenue, USD Million , 2018-2030)
- Lithium-ion
- Lead acid
- Nickel
- Cobalt
- Manganese
- Middle East & Africa Battery Recycling Market Application Outlook (Revenue, USD Million , 2018-2030)
- Transportation
- Consumer electronics
- Industrial
Reasons to subscribe to Battery Recycling Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Battery Recycling Market Outlook databook
- Our clientele includes a mix of Battery Recycling Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Battery Recycling Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Battery Recycling Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa Battery Recycling Market, 2018-2030 (US$M)
MEA battery recycling market statistics, by chemistry, 2018-2030 (US$M)
