Sodium-Ion Battery Market Report 2026

The sodium-ion battery market size has grown rapidly in recent years. It will grow from $0.93 billion in 2025 to $1.08 billion in 2026 at a compound annual growth rate (CAGR) of 15.8%. The growth in the historic period can be attributed to early research in sodium based electrochemistry, rising demand for alternative battery chemistries, growth in renewable energy storage needs, limitations of lithium resource availability, development of high temperature sodium sulfur systems.

The sodium-ion battery market size is expected to see rapid growth in the next few years. It will grow to $1.93 billion in 2030 at a compound annual growth rate (CAGR) of 15.6%. The growth in the forecast period can be attributed to increasing deployment of low cost grid storage solutions, rising adoption of sodium ion batteries in evs, expanding renewable energy integration, advancements in non aqueous electrolyte systems, growing demand for cold climate battery performance. Major trends in the forecast period include increasing focus on low cost battery chemistries, rising development of cold temperature battery technologies, growing adoption of sodium based grid storage solutions, expansion of large scale renewable integration systems, shift toward safer non flammable battery materials.

The growing demand for electric vehicles (EVs) is expected to drive the expansion of the sodium-ion battery market. EVs are vehicles powered by electric motors, fueled by batteries that can be recharged from external power sources. The rising demand for electric vehicles is driven by several factors, including concerns about environmental sustainability, government incentives, advancements in battery technology that enhance range and performance, and a shift in consumer preferences toward more eco-friendly transportation options. Sodium-ion batteries, with minimal adjustments, can be integrated into existing electric vehicle designs, offering an easier transition from lithium-ion technology. For example, in July 2023, the International Energy Agency (IEA), a France-based intergovernmental organization, reported that over 2.3 million electric cars were sold in the first quarter of 2023, reflecting a 25% increase compared to the same period in 2022. By the end of 2023, EV sales were expected to reach 14 million, marking a 35% year-on-year growth, with continued acceleration in the latter half of the year. Consequently, the increasing demand for electric vehicles is driving the growth of the sodium-ion battery market.

Major companies in the sodium-ion battery market are emphasizing the development of innovative solutions such as fast-charging battery technology to enhance EV performance, boost energy density, and reduce charging durations. Fast-charging battery technology refers to advanced battery designs and chemistries that enable rapid energy absorption without sacrificing safety or longevity, allowing EVs to cover longer distances with minimal downtime. For example, in April 2025, CATL, a China-based battery manufacturer, launched Naxtra, a new sodium-ion battery brand, and unveiled the second generation of its Shenxing fast-charging battery, capable of achieving a 520 km driving range with a five-minute charge and reaching 80% charge from 0% in 15 minutes under cold weather conditions. This technology leverages optimized sodium-ion chemistry to provide a cost-effective, high-performance alternative to lithium-ion batteries, facilitating broader adoption of sustainable energy storage solutions in the EV industry.

In January 2024, LionVolt, a Netherlands-based company specializing in the development and scaling of 3D solid-state batteries, acquired a battery cell production line in Scotland from AMTE Power PLC for an undisclosed amount. This acquisition enables LionVolt to strengthen its manufacturing capabilities and improve production efficiency, which will support the company’s growth and innovation in battery technology. AMTE Power PLC, based in the UK, is a company that develops and manufactures both lithium-ion and sodium-ion battery cells.

Major companies operating in the sodium-ion battery market are Mitsubishi Corporation, Toyota Tsusho Corporation, Panasonic Corporation, Contemporary Amperex Technology Co. Limited, Blackstone Technology GmbH, Jiangsu Zhongna Energy Technology Co., Ltd., NGK Insulators Ltd, Kishida Chemical, Ionic Materials, Natron Energy Inc., AMTE Power plc, Aquion Energy, Altris AB, BLUETTI Power Inc., HiNa Battery Technology Co. Ltd, NEI Corporation, Tiamat Energy, Indigenous Energy Storage Technologies Pvt. Ltd., Moixa Energy Holdings Ltd., Natrium Energy, Ronbay Technology, Zoolnasm Energy.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on battery materials, cathode components, and imported cell manufacturing equipment have increased production costs for sodium ion batteries, particularly impacting emerging manufacturers in Asia Pacific and Europe. These tariffs elevate supply chain expenses and slow adoption in cost sensitive sectors such as grid storage and residential systems. However, tariffs are encouraging domestic sourcing, stimulating regional cathode production, and accelerating innovation in locally available sodium based materials, partially offsetting adverse pricing impacts.

The main types of sodium-ion batteries are sodium-sulfur batteries, sodium-salt batteries (zebra batteries), and sodium-oxygen (sodium air) batteries. Sodium-sulfur (NaS) batteries are a type of high-temperature rechargeable battery that uses sodium (Na) and sulfur (S) as the active materials. Aqueous and non-aqueous technologies are used for energy storage and grid integration, electric vehicles (EVs), residential energy storage, emergency backup and ups, and other applications.

Sodium-ion batteries (SIBs) are rechargeable batteries that rely on sodium ions as the carriers of charge, akin to lithium-ion batteries (LIBs), but substitute lithium with sodium as the intercalating ion. Due to their eco-friendliness, safety features, and capacity to operate in cold conditions, sodium-ion batteries are a promising alternative to lithium-ion batteries for specific applications.

The main types of sodium-ion batteries are sodium-sulfur batteries, sodium-salt batteries (zebra batteries), and sodium-oxygen (sodium air) batteries. Sodium-sulfur (NaS) batteries are a type of high-temperature rechargeable battery that uses sodium (Na) and sulfur (S) as the active materials. Aqueous and non-aqueous technologies are used for energy storage and grid integration, electric vehicles (EVs), residential energy storage, emergency backup and ups, and other applications.Europe was the largest region in the sodium-ion battery market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sodium-ion battery market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the sodium-ion battery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The sodium-ion batteries market consists of sales of carbon-based sodium-ion batteries, transition metal oxide sodium-ion batteries, graphite anode sodium-ion battery, layered oxide cathode sodium-ion battery. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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