Global Sodium-ion Battery Supply, Demand and Key Producers, 2026-2032

The global Sodium-ion Battery market size is expected to reach $ 6799 million by 2032, rising at a market growth of 37.4% CAGR during the forecast period (2026-2032).

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 studies the global Sodium-ion Battery production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Sodium-ion Battery and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Sodium-ion Battery that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Sodium-ion Battery total production and demand, 2021-2032, (MWh)

Global Sodium-ion Battery total production value, 2021-2032, (USD Million)

Global Sodium-ion Battery production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (MWh), (based on production site)

Global Sodium-ion Battery consumption by region & country, CAGR, 2021-2032 & (MWh)

U.S. VS China: Sodium-ion Battery domestic production, consumption, key domestic manufacturers and share

Global Sodium-ion Battery production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (MWh)

Global Sodium-ion Battery production by Type, production, value, CAGR, 2021-2032, (USD Million) & (MWh)

Global Sodium-ion Battery production by Application, production, value, CAGR, 2021-2032, (USD Million) & (MWh)

This report profiles key players in the global Sodium-ion Battery market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Natron Energy, Reliance Industries (Faradion), Tiamat Energy, Altris, KPIT Technologies, EcoPro, Energy 11, CATL, HiNa Battery Technology, Jiangsu Zoolnasm, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Sodium-ion Battery market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MWh) and average price (USD/KWh) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Sodium-ion Battery Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Sodium-ion Battery Market, Segmentation by Type:
Layered Oxide
Prussian
Polyanionic Compound

Global Sodium-ion Battery Market, Segmentation by Application:
Energy Storage System
Low-speed Vehicles
Automobile
Others

Companies Profiled:
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

Key Questions Answered:

1. How big is the global Sodium-ion Battery market?

2. What is the demand of the global Sodium-ion Battery market?

3. What is the year over year growth of the global Sodium-ion Battery market?

4. What is the production and production value of the global Sodium-ion Battery market?

5. Who are the key producers in the global Sodium-ion Battery market?

6. What are the growth factors driving the market demand? Show more