Saudi Arabia Electric Vehicle (ev) Battery Recycling Market Size & Outlook
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Saudi Arabia electric vehicle (ev) battery recycling market highlights
- The Saudi Arabia electric vehicle (ev) battery recycling market generated a revenue of USD 4.7 million in 2023 and is expected to reach USD 71.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 47.7% from 2024 to 2030.
- In terms of segment, lithium ion was the largest revenue generating application in 2023.
- Lithium ion is the most lucrative application segment registering the fastest growth during the forecast period.
Electric vehicle (ev) battery recycling market data book summary
| Market revenue in 2023 | USD 4.7 million |
| Market revenue in 2030 | USD 71.6 million |
| Growth rate | 47.7% (CAGR from 2023 to 2030) |
| Largest segment | Lithium ion |
| Fastest growing segment | Lithium ion |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lithium ion, Lead Acid |
| Key market players worldwide | GFL Environmental Inc, EXIDE Industries, Battery Solutions, Gopher Resource, Ecobat, East Penn Manufacturing Co, Retriev Technologies, Com2 Recycling Solutions, Call2Recycle, Gravita India Ltd |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.3% of the global electric vehicle (ev) battery recycling market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia electric vehicle (ev) battery recycling market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 71.6 million by 2030.
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Electric Vehicle (EV) Battery Recycling Market Scope
Electric Vehicle (EV) Battery Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Gravita India Ltd | View profile | 251-500 | Jaipur, Rajasthan, India, Asia | http://www.gravitaindia.com |
| Call2Recycle | View profile | 11-50 | Atlanta, Georgia, United States, North America | http://www.call2recycle.org/ |
| Com2 Recycling Solutions | View profile | 101-250 | Carol Stream, Illinois, United States, North America | https://www.com2recycling.com/ |
| Retriev Technologies | View profile | 51-100 | Lancaster, Pennsylvania, United States, North America | https://www.retrievtech.com/ |
| East Penn Manufacturing Co | View profile | 10001+ | Lyon Station, Pennsylvania, United States, North America | https://www.eastpennmanufacturing.com/ |
| Ecobat | View profile | 1001-5000 | Irving, Texas, United States, North America | https://ecobat.com/ |
| Gopher Resource | View profile | 501-1000 | Eagan, Minnesota, United States, North America | http://www.gopherresource.com/ |
| Battery Solutions | View profile | - | Lubbock, Texas, United States, North America | https://www.batterysolutionsinc.com |
| EXIDE Industries | View profile | 10001+ | Kolkata, West Bengal, India, Asia | http://www.exideindustries.com/ |
| GFL Environmental Inc | View profile | 20000 | 100 New Park Place, Suite 500, Vaughan, ON, Canada, L4K 0H9 | https://www.gflenv.com |
Saudi Arabia electric vehicle (ev) 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 electric vehicle (ev) battery recycling market will help companies and investors design strategic landscapes.
Lithium ion was the largest segment with a revenue share of 59.57% in 2023. Horizon Databook has segmented the Saudi Arabia electric vehicle (ev) battery recycling market based on lithium ion, lead acid covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Saudi Arabia electric vehicle (ev) battery recycling market databook
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Our clientele includes a mix of electric vehicle (ev) battery recycling market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia electric vehicle (ev) battery recycling market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia electric vehicle (ev) battery recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia electric vehicle (ev) battery recycling market size, by application, 2018-2030 (US$M)
Saudi Arabia Electric Vehicle (EV) Battery Recycling Market Outlook Share, 2023 & 2030 (US$M)
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