The global Sodium-Based Batteries market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Liquid Electrolytes SIB Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Sodium-Based Batteries include Natron Energy, TIAMAT SAS, Altris AB, TerraPower, LLC, KISHIDA CHEMICAL, Panasonic, Mitsubishi Chemical Group, Reliance Industries Limited(Faradion) and NGK INSULATORS,LTD., etc. in 2022, the global top five players have a share approximately % in terms of revenue.
The sodium-ion battery (NIB or SIB) is a type of rechargeable battery that uses sodium ions (Na+) as its charge carriers. Its working principle and cell construction are almost identical with those of lithium-ion battery (LIB) types, but replace lithium with sodium. Sodium-ion batteries are garnering attention as technological advancements suggest that, compared to lithium-ion batteries, they could achieve similar performance in a wider range of applications, all without the supply chain headaches. Sodium is more abundant than the metals used in lithium-ion batteries, which makes it less expensive and more environmentally friendly to source. The concentration of sodium in the Earths crust is 500 times that of lithium, and it can also be extracted from seawater. Sodium-ion batteries are also safer because they are nonflammable and less susceptible to temperature changes than lithium-ion batteries.
This report aims to provide a comprehensive presentation of the global market for Sodium-Based Batteries, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sodium-Based Batteries. This report contains market size and forecasts of Sodium-Based Batteries in global, including the following market information:
Global Sodium-Based Batteries Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Sodium-Based Batteries Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Sodium-Based Batteries companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Sodium-Based Batteries manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Sodium-Based Batteries Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Sodium-Based Batteries Market Segment Percentages, by Type, 2022 (%)
Liquid Electrolytes SIB
Global Sodium-Based Batteries Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Sodium-Based Batteries Market Segment Percentages, by Application, 2022 (%)
Portable Electronic Devices
Stationary Energy Installations
Global Sodium-Based Batteries Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Sodium-Based Batteries Market Segment Percentages, By Region and Country, 2022 (%)
Rest of Europe
Rest of Asia
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Sodium-Based Batteries revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Sodium-Based Batteries revenues share in global market, 2022 (%)
Key companies Sodium-Based Batteries sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Sodium-Based Batteries sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mitsubishi Chemical Group
Reliance Industries Limited(Faradion)
HiNa Battery Technology Co.,Ltd
Ningbo Ronbay New Energy
Outline of Major Chapters:
Chapter 1: Introduces the definition of Sodium-Based Batteries, market overview.
Chapter 2: Global Sodium-Based Batteries market size in revenue and volume.
Chapter 3: Detailed analysis of Sodium-Based Batteries manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Sodium-Based Batteries in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Sodium-Based Batteries capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.