The Market Reports

Synopsis
The global market for Sodium-ion Battery was estimated to be worth US$ 368 million in 2024 and is forecast to a readjusted size of US$ 5110 million by 2031 with a CAGR of 38.3% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Sodium-ion Battery cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Sodium-ion battery is an emerging product in the field of energy storage and power battery, which has been favored by the industry for its lower cost energy storage advantages and safer performance.
Sodium-ion batteries are a type of rechargeable battery that work in a similar way to lithium batteries, but carry the charge using sodium ions (Na+) instead of lithium ions (Li+). Sodium is a silvery, soft alkaline metal that is very abundant in nature - it can be found, for example, in sea salt or in the earth's crust. The operation of sodium-ion batteries is very similar to that of lithium-ion batteries, as the chemistry of the two elements is similar (both are alkaline).
Sodium batteries were first studied in the 1980s, but it was not until the 21st century that the true potential of sodium for energy storage was rediscovered.
The global key players of Sodium-ion battery include Natron Energy, Reliance Industries, Tiamat Energy and HiNa Battery Technology, etc. The global top five players had a share approximately 65% in terms of revenue.
At present, the global sodium-ion battery is in the investment and construction stage. The construction of the sodium-ion battery industry chain was just completed around 2022, and since then, both production capacity and output have increased significantly. In 2024, the global sodium-ion battery market growth rates will be 94.5%, and will continue to grow rapidly thereafter. However, most corporate investment and construction investment are currently concentrated in China, mainly due to government policy support and a mature lithium-ion battery industry chain. The principles of sodium-ion batteries and lithium-ion batteries are basically the same, and many sodium-ion battery companies are also manufacturers of lithium-ion batteries.
This report aims to provide a comprehensive presentation of the global market for Sodium-ion Battery, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Sodium-ion Battery by region & country, by Type, and by Application.
The Sodium-ion Battery market size, estimations, and forecasts are provided in terms of sales volume (MWh) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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-ion Battery.
Market Segmentation
By Company
Natron Energy
Reliance Industries (Faradion)
Tiamat Energy
Altris
KPIT Technologies
EcoPro
Energy 11
CATL
HiNa Battery Technology
Jiangsu Zoolnasm
Li-FUN Technology
Ben'an Energy
Shanxi Huayang
Great Power
DFD
Farasis Energy
Transimage
Natrium
Veken
CEC Great Wall
CBAK Energy
Hunan Desay Battery
Jiangsu Pylon Battery
FinDreams Battery
Segment by Type
Layered Oxide
Prussian
Polyanionic Compound
Segment by Application
Energy Storage System
Low-speed Vehicles
Automobile
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Sodium-ion Battery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Sodium-ion Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Sodium-ion Battery in country level. It provides sigmate data by Type, and by Application for each country/region.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index