The Global Sodium-ion Batteries Market 2026-2036

June 2025 | 240 pages | ID: G6732524309EN
Future Markets, Inc.

Abstracts

The sodium-ion battery market is experiencing unprecedented momentum as industries worldwide seek sustainable, cost-effective alternatives to traditional lithium-ion technology. This emerging sector represents a paradigm shift in energy storage, driven by compelling economic advantages, abundant raw materials, and growing geopolitical concerns over lithium supply chains. Sodium-ion batteries offer a compelling value proposition rooted in material abundance and cost efficiency. With sodium priced at just $0.05 per kilogram compared to lithium's $15 per kilogram, manufacturers can achieve significant cost reductions while maintaining comparable performance characteristics. This 300-fold price differential in raw materials translates directly into more affordable battery systems, positioning sodium-ion technology as a game-changer for price-sensitive applications.

The technology eliminates dependence on scarce and geopolitically sensitive materials like cobalt and nickel, while sodium's abundance in seawater ensures virtually unlimited supply. This resource independence addresses critical supply chain vulnerabilities that have plagued the lithium-ion industry, offering manufacturers greater pricing stability and strategic autonomy. Energy Storage Systems represent the primary growth driver, with utility-scale deployments leading adoption. Projects like HiNa Battery's 100MWh energy storage installation demonstrate the technology's readiness for grid-scale applications. These systems provide crucial grid stabilization services for renewable energy integration, addressing the intermittency challenges of solar and wind power while offering cost advantages over lithium-ion alternatives. Automotive Applications are rapidly emerging, particularly in the budget EV segment. JAC Motors' pioneering sodium-ion production vehicle, featuring a 25kWh battery with 155-mile range, validates the technology's automotive viability. Industry reports suggest major manufacturers like Tesla are evaluating sodium-ion batteries for entry-level vehicles, attracted by their safety profile, thermal stability, and cost benefits that could enable sub-$25,000 electric vehicles. Stationary Storage markets, including residential and commercial applications, benefit from sodium-ion batteries' enhanced safety characteristics and long cycle life. The technology's thermal resilience and reduced fire risk make it particularly suitable for indoor installations and applications requiring minimal maintenance.

China dominates the current market landscape, with companies like CATL and HiNa Battery leading technological development and manufacturing scale-up. CATL's planned large-scale production of second-generation sodium-ion batteries beginning in 2025 signals the technology's commercial maturity. Chinese manufacturers have established comprehensive supply chains encompassing cathode materials, cell production, and system integration. The technology is approaching cost parity with lithium iron phosphate (LFP) batteries by 2025, representing a critical inflection point for widespread adoption.

Manufacturing capacity is scaling rapidly across multiple form factors, including cylindrical, prismatic, and blade cell designs, enabling application-specific optimization. As production volumes increase and manufacturing processes mature, sodium-ion batteries are positioned to capture significant market share in cost-sensitive applications while providing strategic alternatives to lithium-dependent supply chains. The convergence of economic advantages, supply chain security, and environmental benefits positions sodium-ion technology as a cornerstone of the global energy transition, promising to democratize access to clean energy storage solutions.

The Global Sodium-ion Batteries Market 2026-2036 provides critical insights into the rapidly evolving sodium-ion battery industry, analyzing market drivers, technological advancements, competitive landscapes, and future growth projections through 2036. Report contents include:

Market Fundamentals and Technology Assessment:

• In-depth electrochemistry definitions and fundamentals of sodium-ion battery technology
• Comprehensive comparison of sodium-ion vs lithium-ion batteries across performance metrics
• Detailed analysis of cathode active materials (CAMs) including transition metal layered oxides, polyanionic materials, and Prussian blue analogues
• Extensive evaluation of anode active materials (AAMs) covering hard carbons, graphite, carbon nanotubes, graphene, and alloying materials
• Complete electrolyte formulations analysis including thermal stability and solid-state electrolyte technologies
• Alternative sodium battery technologies including molten sodium, aqueous rechargeable, lithium-sodium hybrid, iron-sodium, and sodium-air fuel cells

Manufacturing and Cost Analysis:

• Detailed manufacturing process descriptions and production step analysis
• Comprehensive cost breakdown comparing sodium-ion to lithium-ion battery production
• Material cost analysis with price forecasts for 2023-2025 period
• Manufacturing capacity analysis by cathode type and regional distribution
• Supply chain optimization strategies and value chain mapping

Market Segmentation and Applications:

• Grid storage market analysis including utility-scale energy storage systems (ESS) and battery energy storage systems (BESS) projects
• Electric vehicle (EV) market assessment covering passenger vehicles, two-wheelers, and EV fast charging applications
• Consumer electronics market penetration analysis and competitive positioning
• Stationary battery applications including residential and commercial energy storage
• Electric boats and marine applications market opportunities
• Emerging applications and niche market segments

Regional Market Analysis:

• China's dominant position in sodium-ion battery development and manufacturing capacity
• Regional demand forecasting by geography through 2036
• Market penetration strategies by region and regulatory environment assessment

Competitive Intelligence and Company Profiles:

• Comprehensive analysis of 77 market players and emerging companies. Companies profiled include Acculon Energy, Adena Power, Aeson Power, Altech Batteries Ltd., Altris AB, BASF, Biwatt Power, BenAn Energy Technology, Broadbit Batteries Oy, Build Your Dreams (BYD), Contemporary Amperex Technology Co Ltd (CATL), CAPCHEM, CBAK Energy Technology Inc., Central Glass Co. Ltd., Cham Battery Technology, Chengdu Baisige Technology Co. Ltd., China Sodium-ion Times, Desay Battery, DFD Energy, EcoPro BM, Enchampion, EVE Energy Co. Ltd, Exencell New Energy, Faradion Limited, Farasis Energy, Geyser Batteries Oy, Great Power Energy, Guoke Tanmei New Materials, Heiwit, Highstar Sodium Battery (Guangdong) Co. Ltd., HiNa Battery Technologies Limited, Hithium, HORIEN Salt Battery Solutions and more....
• Detailed performance comparison across key manufacturers
• Supply chain mapping and strategic partnerships analysis
• Commercial product portfolios and market positioning strategies

Market Forecasting and Future Outlook:

• Market size projections from 2018-2036 with detailed revenue forecasts in millions USD
• Capacity growth analysis measured in GWh by application segment
• EV market segmentation forecasts including A00, A0, and premium vehicle categories
• Regional market distribution and growth rate analysis
• Technology roadmap and innovation pipeline assessment

Contents

1 EXECUTIVE SUMMARY

1.1 Market drivers for Sodium-ion Batteries (SIBs)
1.2 Cost analysis of SIBs
1.3 The market in China
1.4 Sodium-ion battery manufacturing capacity
1.5 Markets for Sodium-ion Batteries
1.6 Impact on the L-ion battery market

2 INTRODUCTION AND TECHNOLOGY FUNDAMENTALS

2.1 Electrochemistry definitions and fundamentals
2.2 Li-ion batteries
2.3 Motivation for battery development beyond lithium
2.4 Value proposition for sodium-ion batteries
2.5 Technology description
2.6 Key performance metrics
2.7 The Li-ion battery market

3 SODIUM-ION BATTERY CHEMISTRIES AND CELL DESIGNS

3.1 Comparative analysis with other battery types
3.2 Cost comparison with Li-ion
3.3 Materials in sodium-ion battery cells
  3.3.1 Prices
3.4 Cathode Active Materials (CAMS)
  3.4.1 Transition metal layered oxides
    3.4.1.1 Types
    3.4.1.2 Cycling performance
    3.4.1.3 Advantages and disadvantages
    3.4.1.4 Market prospects for LO SIB
    3.4.1.5 Types and comparative analysis
  3.4.2 Polyanionic materials
    3.4.2.1 Advantages and disadvantages
    3.4.2.2 Types
    3.4.2.3 Market prospects for Poly SIB
  3.4.3 Prussian blue analogues (PBA)
    3.4.3.1 Types and characteristics
    3.4.3.2 Advantages and disadvantages
    3.4.3.3 Market prospects for PBA-SIB
3.5 Anode Active Materials (AAMs)
  3.5.1 Hard carbons
    3.5.1.1 Hard carbon precursors
    3.5.1.2 Bio-waste vs oil-based feedstocks for HC
  3.5.2 Carbon black
  3.5.3 Graphite
  3.5.4 Carbon nanotubes
  3.5.5 Graphene
  3.5.6 Alloying materials
  3.5.7 Sodium Titanates
  3.5.8 Sodium Metal
3.6 Electrolytes
  3.6.1 Electrolyte formulations
  3.6.2 Thermal stability
  3.6.3 Carbonate-based liquid electrolytes (e.g. EC/PC with Na salts)
  3.6.4 Ionic liquids
  3.6.5 Solid state electrolytes (e.g. Na-beta-alumina)
  3.6.6 Fluorinated amorphous halides
3.7 Other components
3.8 Alternative Sodium Battery Technologies
  3.8.1 Molten sodium batteries
  3.8.2 Aqueous rechargeable sodium ion batteries
  3.8.3 Lithium-Sodium Hybrid Technology
  3.8.4 Iron-Sodium Batteries
  3.8.5 Sodium-Air Fuel Cells

4 MANUFACTURING PROCESS AND COST ANALYSIS

4.1 Description of manufacturing process
4.2 Cost breakdown and analysis

5 SAFETY OF NA-ION BATTERIES

5.1 Safety profiles
5.2 Risks
5.3 Mitigation

6 THE GLOBAL MARKET FOR SODIUM-ION BATTERIES

6.1 Market drivers
6.2 Market challenges
6.3 Recent market developments, company news and funding
6.4 Main players and competitive landscape
  6.4.1 Battery Manufacturers
  6.4.2 Large Corporations
  6.4.3 Automotive Companies
  6.4.4 Chemicals and Materials Firms
6.5 Target markets for Na-ion
6.6 SWOT analysis
6.7 Market value chain
6.8 The market in China
6.9 Global patent landscape
6.10 Planned capacities by cathode type
6.11 Grid storage
  6.11.1 Market overview
  6.11.2 Grid applications
  6.11.3 Stationary energy storage
  6.11.4 ESS
  6.11.5 BESS projects
  6.11.6 Competing technologies
  6.11.7 Market outlook
6.12 Electric vehicles (EV)
  6.12.1 Market overview
  6.12.2 Applications
  6.12.3 EV Batteries
  6.12.4 Na-ion two-wheelers
  6.12.5 EV fast charging
  6.12.6 China’s EV Market
  6.12.7 Competing technologies
  6.12.8 Market outlook
6.13 Consumer electronics
  6.13.1 Market overview
  6.13.2 Competing technologies
  6.13.3 Market outlook
6.14 Stationary batteries
  6.14.1 Market overview
  6.14.2 Applications
  6.14.3 Competing technologies
  6.14.4 Market outlook
6.15 Electric boats
  6.15.1 Market overview
  6.15.2 Competing technologies
  6.15.3 Market outlook
6.16 Global Market Size and Forecast
  6.16.1 Capacities
  6.16.2 Total market revenues
  6.16.3 By application
  6.16.4 By region
6.17 Future outlook

7 MARKET PLAYERS AND COMPETITIVE LANDSCAPE

7.1 Main market players
7.2 Na-ion performance comparison
7.3 Na-ion supply chain
7.4 Commercial products

8 COMPANY PROFILES 154 (77 COMPANY PROFILES)

9 RESEARCH METHODOLOGY

9.1 Report scope
9.2 Research methodology

10 REFERENCES

List Of Tables

LIST OF TABLES

Table 1. Na-ion vs other chemistries.
Table 2. Global Na-ion battery manufacturing capacity.
Table 3. Markets for Sodium-ion Batteries.
Table 4. Value proposition for sodium-ion batteries
Table 5. Na-ion vs Li-ion.
Table 6. Key performance metrics for sodium-ion batteries.
Table 7. Comparison of rechargeable battery technologies.
Table 8. Na-based battery types.
Table 9. Component and materials in sodium-ion batteries.
Table 10. Pros and cons compared to other battery types.
Table 11. Cost comparison with Li-ion batteries.
Table 12. Key materials in sodium-ion battery cells.
Table 13. Price of battery materials for sodium-ion batteries 2023-2025.
Table 14. Comparison of cathode materials.
Table 15. Layered transition metal oxide cathode materials for sodium-ion batteries.
Table 16. General cycling performance characteristics of common layered transition metal oxide cathode materials.
Table 17. Polyanionic materials for sodium-ion battery cathodes.
Table 18. Comparative analysis of different polyanionic materials.
Table 19. Common types of Prussian Blue Analogue materials used as cathodes or anodes in sodium-ion batteries.
Table 20. Comparison of Na-ion battery anode materials.
Table 21. Hard Carbon producers for sodium-ion battery anodes.
Table 22. Comparison of carbon materials in sodium-ion battery anodes.
Table 23. Comparison between Natural and Synthetic Graphite.
Table 24. Properties of graphene, properties of competing materials, applications thereof.
Table 25. Comparison of carbon based anodes.
Table 26. Alloying materials used in sodium-ion batteries.
Table 27. Na-ion electrolyte formulations.
Table 28. Comparison of electrolyte salts and solvents.
Table 29. Solid-state electrolyte materials for sodium-ion batteries.
Table 30. Other components in Na-ion batteries.
Table 31. Types of molten sodium batteries:
Table 32. Production steps in Na-ion battery manufacturing process.
Table 33. Na-ion costs compared to other battery types.
Table 34. Na-ion cell material costs compared to Li-ion.
Table 35. Na-ion price reported by companies.
Table 36. Comparative price of sodium-ion batteries, USD/kwh Pack.
Table 37. Market drivers for sodium-ion batteries.
Table 38. Market challenges for sodium-ion batteries.
Table 39. Recent market developments.
Table 40. Target markets for Na-ion.
Table 41. Competing technologies for sodium-ion batteries in grid storage.
Table 42. Competing technologies for sodium-ion batteries in electric vehicles.
Table 43. Competing technologies for sodium-ion batteries in consumer electronics
Table 44. Competing technologies for sodium-ion batteries in stationary batteries.
Table 45. Competing technologies for sodium-ion batteries in electric boats.
Table 46. Global market for sodium-ion batteries 2018-2036 (Millions USD).
Table 47. Market for sodium-ion batteries by application 2023-2036 (GWh).
Table 48. Market for sodium-ion batteries by EV segment 2023-2036 (GWh).
Table 49. Regional demand, GWh by 2036.
Table 50. Na-ion players.
Table 51. Na-ion performance comparison by player.
Table 52. CATL sodium-ion battery characteristics.
Table 53. CHAM sodium-ion battery characteristics.
Table 54. Faradion sodium-ion battery characteristics.
Table 55. HiNa Battery sodium-ion battery characteristics.
Table 56. LiNa Energy battery characteristics.
Table 57. Natrium Energy battery characteristics.

List Of Figures

LIST OF FIGURES

Figure 1. Schematic illustration of sodium-ion battery.
Figure 2. CATL's first-generation sodium-ion battery.
Figure 3. Li-ion battery cell pack.
Figure 4. Schematic diagram of a Na-ion battery.
Figure 5. Schematic of Prussian blue analogues (PBA).
Figure 6. Comparison of SEM micrographs of sphere-shaped natural graphite (NG; after several processing steps) and synthetic graphite (SG).
Figure 7. Overview of graphite production, processing and applications.
Figure 8. Schematic diagram of a multi-walled carbon nanotube (MWCNT).
Figure 9. Battery pack costs by chemistry.
Figure 10. SWOT analysis: Sodium-ion battery market.
Figure 11. Market value chain for sodium-ion batteries.
Figure 12. Sodium-ion grid storage units.
Figure 13. E10X model with sodium-ion battery pack.
Figure 14. Salt-E Dog mobile battery.
Figure 15. I.Power Nest - Residential Energy Storage System Solution.
Figure 16. Sodium-ion battery capacities, 2022-2036 (GWh).
Figure 17. Global market for sodium-ion batteries 2018-2036 (Millions USD).
Figure 18. Market for sodium-ion batteries by application 2023-2036 (GWh).
Figure 19. Market for sodium-ion batteries by EV segment 2023-2036 (GWh).
Figure 20. Global market for sodium-ion batteries 2018-2036, by region (Millions USD).*
Figure 21. Na-ion supply chain.
Figure 22. Containerized NAS® batteries.
Figure 23. BYD Seagull.
Figure 24. HiNa Battery pack for EV.
Figure 25. JAC demo EV powered by a HiNa Na-ion battery.
Figure 26. Kite Rise’s A-sample sodium-ion battery module.
Figure 27. Li-FUN sodium-ion battery cells.
Figure 28. LiNa Energy battery.
Figure 29. Stora Enso lignin battery materials.
Figure 30. Zoolnasm batteries.