Report overview
Molten salt batteries, especially liquid metal batteries, are increasingly gaining interest from the energy community as a grid energy storage solution for renewable energy sources. Combining high energy and power densities, long life times, and low cost materials, they have the potential to meet the unique demands of grid scale energy storage. A molten salt battery is a class of battery that uses a molten salts electrolyte. The components of molten salt batteries are solid at room temperature, allowing them to be stored inactive for long period time. During activation, the cathode, anode and electrolyte layers separate due to their relative densities and immiscibility. The molten salt layer in the middle serves as an electrolyte with a high ionic conductivity, and is the medium through which the ionic species travel as the battery charges and discharges.
This report aims to provide a comprehensive presentation of the global market for Molten Salt Battery, 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 Molten Salt Battery. This report contains market size and forecasts of Molten Salt Battery in global, including the following market information:
Global Molten Salt Battery Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Molten Salt Battery market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In China, Molten Salt Battery key players include NGK, Ambri, Sumitomo, MIT, Sesse-power, etc.
In terms of application, the largest application is Grid Energy Storage, followed by Electric Cars.
We surveyed the Molten Salt Battery companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Molten Salt Battery Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Molten Salt Battery Market Segment Percentages, by Type, 2022 (%)
Sodium?Sulfur Battery
Liquid-Metal Batteries
Sodium-Nickel Chloride Batteries
Thermal (Non-Rechargeable) Batteries
Global Molten Salt Battery Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Molten Salt Battery Market Segment Percentages, by Application, 2022 (%)
Grid Energy Storage
Electric Cars
Global Molten Salt Battery Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Molten Salt Battery Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Molten Salt Battery revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Molten Salt Battery revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
NGK
Ambri
Sumitomo
MIT
Sesse-power
Outline of Major Chapters:
Chapter 1: Introduces the definition of Molten Salt Battery, market overview.
Chapter 2: Global Molten Salt Battery market size in revenue.
Chapter 3: Detailed analysis of Molten Salt Battery company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Molten Salt Battery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
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: The main points and conclusions of the report.
