After doing this, the removed library shouldn't be displayed anymore in the 'Installed' section of the Native Access, but I've noticed there are some old entries in the 'Not installed' section too. I'm aware that in Kontakt 5.7 and above (IIRC) there is no option for removing the library, nor in the Native Access, so you must manually delete the folder and the registry items for the library you want to remove.
Recently, I've purchased an update to Komplete 12 and some new 3rd party Kontakt libraries and my SSD is almost full to the brim, so I'm about to do a little housekeeping by removing some products that I use very rarely.