The sodium ion battery market attained a value of USD 443.20 Million in 2025. The market is expected to grow at a CAGR of 14.50% during the forecast period of 2026-2035. By 2035, the market is expected to reach USD 1716.54 Million.
Governments globally are introducing policies and funding initiatives to support alternative energy storage technologies, including sodium ion batteries. As part of broader strategies to achieve carbon neutrality and reduce dependence on critical lithium supply chains, several national energy programs are allocating grants, subsidies, and research funding to promote sodium-ion battery development. In February 2025, the German government invested in the ‘Sodium-Ion-Battery Deutschland-Forschung – SIB:DE FORSCHUNG’ project to assess sodium-ion battery technology’s potential in supporting Europe’s energy and mobility transition.
Recent breakthroughs in chemistry are driving the sodium ion battery market revenue for significantly improving their performance, making them more competitive with lithium-ion technologies. Innovations such as the use of Prussian blue analogues as cathode materials, hard carbon anodes, and solid-state electrolyte research are enhancing energy density, cycle life, and charging speed. Research institutions and battery manufacturers are heavily investing in next-generation materials and scalable production methods.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
14.5%
Value in USD Million
2026-2035
*this image is indicative*
One of the most significant sodium ion battery market trends is the abundance and low cost of sodium. Unlike lithium, sodium is widely available across the globe and not subject to the same geopolitical and mining constraints. As per IndexBox, about 67 million tons of sodium carbonate was produced worldwide in 2024. This abundance translates into a significantly lower raw material cost, making sodium-ion batteries more economically attractive for large-scale applications like grid energy storage.
The accelerating shift toward renewable energy has created an urgent demand for efficient and affordable grid energy storage solutions. Sodium-ion batteries are emerging as strong contenders for this role due to their ability to handle large-scale storage, wide operating temperature ranges, and robust cycle life. In January 2022, Reliance Industries acquired a sodium-ion battery start-up to strengthen its position in sustainable energy solutions. This trend is being supported by policy mandates, utility-scale pilot projects, and growing public and private sector investment in clean energy infrastructure.
The manufacturing processes in the sodium ion battery industry tend to be simpler and less toxic compared to those of lithium-ion. Manufacturers are increasingly investing in low-impact production lines and recyclable battery architectures. In April 2024, Natron Energy commenced commercial-scale production of sodium-ion cells at a 600 MW/year facility in the United States by utilizing Prussian blue chemistry. These improvements make sodium-ion batteries an appealing choice for companies aiming to reduce their carbon footprint in manufacturing.
Sodium-ion batteries align well with global sustainability goals due to their environmentally friendly materials and safer production processes. Unlike lithium mining, which can be resource-intensive and environmentally damaging, sodium extraction has a smaller ecological footprint. Sodium-ion batteries also avoid the use of critical metals like cobalt and nickel, further improving their sustainability profile. These factors make them especially attractive to ESG-conscious investors and companies seeking greener supply chains.
Venture capital firms, corporate investors, and government funds are increasingly backing the sodium ion battery market expansion. In June 2025, leading Chinese Sodium-ion Battery startup Zoolnasm secured an impressive RMB 300 million in funding to advance technological research, enhance production capacity while exploring new market opportunities. This availability of capital is enabling rapid growth and competition within the sodium-ion sector, helping to speed up innovation, reduce costs, and increase the likelihood of widespread commercial success.
The EMR’s report titled “Sodium Ion Battery Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Key Insight: Sodium-sulphur (NaS) batteries are a dominant segment, especially in large-scale energy storage applications as they enable high energy density and long cycle life, ideal for grid storage and renewable energy integration. Companies have deployed NaS batteries for utility-scale projects, providing reliable and cost-effective energy storage. In June 2024, BASF and NGK have introduced the NAS MODEL L24, an advanced sodium-sulfur battery for large-scale energy storage. Their scalability and efficiency make them highly sought after for balancing supply and demand in power grids, especially in regions with increasing renewable penetration.
Market Breakup by Application
Key Insight: Stationary energy storage is the leading segment of the sodium ion battery industry, primarily due to the growing demand for grid stabilization and renewable energy integration. Sodium-ion batteries provide cost-effective, durable solutions for large-scale storage, balancing supply and demand. For example, NGK’s sodium-sulfur batteries have been widely adopted for utility-scale projects in Japan and Europe, supporting renewable grids and peak shaving. Increasing investments in smart grids and renewable infrastructure globally continue to drive this segment's expansion, making it the most dominant application.
Market Breakup by Region
Key Insight: The Asia Pacific region dominates the sodium ion battery market share, driven by strong manufacturing capabilities, abundant raw materials, and supportive government policies. China leads with major players focusing on commercializing sodium-ion technologies for electric vehicles and energy storage. In June 2025, China’s Baochi Storage Station launched the world’s first large-scale grid-forming sodium-ion battery plant, enhancing renewable stability and reducing costs. Japan and South Korea also invest heavily in research and industrial adoption, especially for grid storage solutions.
Sodium-Salt & Sodium-Air Battery to Accrue Significant Popularity
Sodium-salt batteries are offering a promising alternative to lithium-ion technology. These batteries operate at ambient temperatures and are gaining traction due to lower material costs and abundant sodium resources. Additionally, they provide improved safety with less risk of thermal runaway, faster charging capabilities, and better environmental sustainability. Companies are pioneering these technologies for applications in stationary energy storage and backup power systems, further adding to the sodium ion battery industry value.
On the other hand, sodium-air battery is an emerging segment focusing on ultra-high energy density through electrochemical reactions with oxygen from the air. These batteries promise significant improvements in storage capacity for electric vehicles and portable electronics. Companies and academic institutions are exploring sodium-air technology, due to their potential for lightweight, high-capacity storage. In May 2024, researchers at South Korea’s Pohang University of Science and Technology developed a high-energy, high-efficiency all-solid-state sodium-air battery that can reversibly use sodium and air for power generation.
Surging Sodium Ion Battery Adoption in Transportation
The transportation segment is an emerging application of sodium ion battery market, focusing on electric vehicles and hybrid systems. Sodium-ion batteries offer a promising alternative to lithium-ion in EVs, especially for low-cost and mid-range vehicles due to sodium’s abundance and lower raw material costs. Companies have introduced sodium-ion batteries targeting electric buses and two-wheelers, prioritizing safety and cold-weather performance. In December 2023, China’s JMEV launched the world’s first EV powered by Farasis Energy’s sodium-ion batteries, marking a breakthrough.
Surging Sodium Ion Battery Demand in Europe & North America
Europe is transforming the sodium ion battery market dynamics, propelled by sustainability goals and the push for renewable energy integration. The European Union’s emphasis on green technology fosters research collaborations and funding, such as the German government’s SIB:DE FORSCHUNG project focusing on sodium-ion battery industrialization. European companies prioritize eco-friendly and safer battery alternatives for stationary energy storage and electric mobility. Markets in Germany, France, and the Nordic countries lead demand, driven by strong regulatory support and consumer awareness.
North America holds a large market share. The United States and Canada focus on advanced battery research, aiming to reduce reliance on lithium imports and enhance energy security. Companies are developing sodium-ion and liquid metal batteries for grid-scale storage and industrial applications. In August 2025, Peak Energy launched the United States’s first pilot grid-scale sodium-ion battery energy storage system, advancing renewable integration and energy reliability. Government incentives and clean energy policies also support pilot projects and commercialization efforts.
Major players in the sodium ion battery market are employing several key strategies to capitalize on the growing demand for cost-effective and sustainable energy storage solutions. The usage of abundant and low-cost raw materials like sodium to offer a cheaper alternative to lithium is reducing overall production costs. Companies are investing heavily in research and development to improve battery performance, energy density, and cycle life, addressing traditional limitations associated with sodium-ion technology. Strategic partnerships and collaborations are another crucial approach, enabling firms to scale manufacturing capabilities, share technological expertise, and accelerate market entry.
Many players are also targeting niche applications, such as grid energy storage and electric vehicles, where cost and resource availability are critical factors. Sustainability and environmental impact considerations are driving innovation in recyclable and eco-friendly battery components. Additionally, market participants are focusing on enhancing supply chain resilience by securing raw material sources and developing local manufacturing hubs to mitigate geopolitical risks. Marketing efforts emphasize the safety advantages of sodium-ion batteries, such as lower fire risks compared to lithium-ion counterparts, appealing to safety-conscious customers.
Faradion Limited, established in 2011 and based in the United Kingdom, is known for pioneering affordable and efficient sodium-ion battery technology. Their innovations focus on enhancing energy density and safety, positioning them as leaders in sustainable energy storage solutions with significant progress toward commercial-scale applications.
Natron Energy, founded in 2012 and headquartered in the United States, specializes in sodium-ion batteries with a focus on fast-charging and long cycle life. Their unique Prussian blue electrode technology delivers robust performance, targeting data centers and industrial energy storage, marking important strides in reliability and scalability for the sector.
HiNa Battery Technology Co., Ltd., established in 2016 and based in China, is advancing sodium-ion battery development with a strong emphasis on cost efficiency and improved battery lifespan. The company continues to innovate in materials science, aiming to meet growing demands in electric vehicles and grid storage markets.
Aquion Energy, founded in 2008 and headquartered in the United States, has contributed to sustainable battery technology through its aqueous sodium-ion batteries. Known for safe, environmentally friendly energy storage solutions, Aquion has made significant advances in commercializing non-toxic, long-lasting batteries for renewable energy integration.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other players in the sodium ion battery market are Contemporary Amperex Technology Co., Ltd. (CATL), SAS TIAMAT, and AMTE Power plc., among others.
Discover the latest sodium ion battery market trends 2026 with our comprehensive report. Download your free sample today to explore in-depth analysis, competitive landscape, and future growth opportunities. Stay ahead in the evolving energy storage industry by leveraging expert insights and strategic guidance from our detailed market research.
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In 2025, the market reached an approximate value of USD 443.20 Million.
The market is projected to grow at a CAGR of 14.50% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 1716.54 Million by 2035.
Key strategies driving the market include focusing on cost-effective raw materials, enhancing battery performance through research & development, forming strategic partnerships to scale production, targeting applications like grid storage and electric vehicles, emphasizing sustainability and safety, and strengthening supply chains to ensure reliable and scalable manufacturing.
The rising demand for electric vehicles and the increased focus on renewable energy sources are the key industry trends propelling the growth of the market.
The key players in the market report include Contemporary Amperex Technology Co., Ltd. (CATL), Faradion Limited, Natron Energy, Inc., HiNa Battery Technology Co., Ltd., Aquion Energy, SAS TIAMAT, and AMTE Power plc., among others.
Since sodium ion batteries are non-flammable and more resistant to temperature changes than lithium-ion batteries, they are safer and more effective than lithium-ion batteries.
Sodium batteries have high-power density, high efficiency of up to 90%, and a lengthy battery life of often over 10 years, making them highly durable.
The Asia Pacific region dominates the market, driven by strong manufacturing capabilities, abundant raw materials, and supportive government policies.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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