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Yahoo
26-05-2025
- Automotive
- Yahoo
Sodium-Ion Batteries Industry Report 2025-2034 Featuring Key Players - Natron Energy, Ben'an Energy Technology, Faradion, Aquion Energy, and Altris
The sodium-ion batteries market is set for substantial growth due to rising renewable energy adoption, such as solar and wind, and increasing demand for low-speed electric vehicles. By 2030, India's grid storage battery demand could hit 260 GWh as the nation targets 50% renewable energy. Sodium-ion batteries, with benefits like enhanced safety and cost-effectiveness, face R&D challenges but promise significant potential. With innovations and industry collaborations, this market could rival lithium-ion technology soon, particularly in regions focusing on sustainable energy solutions. Dublin, May 26, 2025 (GLOBE NEWSWIRE) -- The "Sodium-Ion Batteries Market - A Global and Regional Analysis: Focus on Technology, Application, and Region - Analysis and Forecast, 2025-2034" report has been added to sodium-ion batteries market is expected to grow at a healthy growth rate because of the inherent benefits of sodium-ion batteries, the fast installation of intermittent energy sources such as wind and solar, as well as the growing acceptance of low-speed electric vehicles such as e-bikes and e-rickshaws. According to the National Institution for Transforming India, demand for grid storage batteries in India is expected to rise to 260-gigawatt hours (GWh) by aims to generate 50% of its energy needs from renewable sources by 2030, resulting in a substantial demand for storage batteries. Furthermore, the International Energy Agency (IEA) anticipates that solar photovoltaic (PV), wind, and hydro are expected to generate roughly 80% of the world's electricity by 2050. Since sodium-ion batteries are a significant energy storage technology with additional advantages, the growing solar and wind energy industries are expected to create considerable opportunities for the sodium-ion batteries market. With an increased worldwide focus on limited availability and high mining costs of lithium and lithium-based component, the shift to sustainable and cost-effective technologies brings significant sales and financing opportunities for sodium-ion batteries. This shift was prominently experienced in regions such as North America, Europe, and some Asian countries. Key players in the sodium-ion batteries market analyzed and profiled in the study involve sodium-ion batteries manufacturers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the sodium-ion batteries market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the sodium-ion batteries battery technologies have gained market traction and may be competitive with lithium-ion batteries in the coming years. However, in most countries, the commercialization and supply chain for sodium-ion batteries is still in the early stages. Most sodium-ion batteries are prototypes or in research and development (R&D); thus, the current market is dominated by other batteries such as lead-acid and lithium-ion batteries. With additional players entering the ecosystem in the coming years, the sodium-ion batteries industry is expected to expand research and development efforts are being undertaken to improve the energy density of sodium-ion batteries and develop new electrolyte technologies, which are growing in response to rising public concern and government restrictions associated with a spike in lithium-ion price and emissions. For instance, in August 2022, Scientists in Japan developed sodium-ion batteries utilizing carbon micro lattices produced with a low-cost three-dimensional (3D) printer. In addition to reducing the size of the battery and lowering production costs, the resultant anode allows for rapid transit of energy-generating Segmentation Highlights In 2024, the sodium-ion batteries market in the application sector segment was dominated by large scale stationary energy storage, owning to the consistent expansion of renewable energy capacity globally. In 2024, the sodium-ion batteries market was estimated to be led by non-aqueous in terms of technology, owning to its high electrochemical stability that exceeds 4 volts (V). During the forecast period (2025-2034), North America and Europe are anticipated to gain traction in terms of sodium-ion batteries market production owing to the R&D advancements and supportive government initiatives in the regions. Market Dynamics Following are the demand drivers for the sodium-ion batteries market: Lower cost of sodium-ion batteries compared to the counterparts Growing support government through investment in advanced energy storage technologies Rising Renewable Energy Generation Increasing R&D Activities on Sodium-Ion Batteries The market is expected to face some limitations due to the following challenges: Lack of Industrial Supply Chain Intense Competition from Other Advanced Battery Technologies Key Market PlayersAqueous Natron Energy, Inc. Ben'an Energy Technology (Shanghai) Co., Ltd. Non-Aqueous Faradion Limited Aquion Energy Altris AB Key Topics Covered: 1. Markets: Industry Outlook1.1 Trends: Current and Future Impact Assessment1.2 Stakeholder Analysis1.2.1 Use Case1.2.2 End User and Buying Criteria1.3 Market Dynamics Overview1.3.1 Market Drivers1.3.2 Market Restraints1.3.3 Market Opportunities1.4 Regulatory Landscape1.5 Patent Analysis1.6 Start-Up Landscape1.7 Supply Chain Analysis1.8 Value Chain Analysis1.9 Global Pricing Analysis1.10 Comparative Product Benchmarking2. Sodium-Ion Batteries Market (by Application)2.1 Application Segmentation2.2 Application Summary2.3 Sodium-Ion Batteries Market (by Application)2.3.1 Transportation Consumer2.3.2 Electronics2.3.3 Large Scale Stationary Energy Storage2.3.4 Industrial3. Sodium-Ion Batteries Market (by Product)3.1 Product Segmentation3.2 Product Summary3.3 Sodium-Ion Batteries Market (by Technology)3.3.1 Aqueous3.3.2 Non-Aqueous4. Sodium-Ion Batteries Market by Region5. Markets - Competitive Benchmarking & Company Profiles5.1 Next Frontiers5.2 Geographic Assessment5.3 Company Profiles5.3.1 Overview5.3.2 Top Products/Product Portfolio5.3.3 Top Competitors5.3.4 Target Customers5.3.5 Key Personnel5.3.6 Analyst View5.3.7 Market Share Aquion Energy Faradion Limited HiNa Battery Technology Co., Ltd Ben'an Energy Technology (Shanghai) Co., Ltd AMTE Power plc Natron Energy, Inc. Tiamat Energy Jiangsu Zhongna Energy Technology Co., Ltd. Contemporary Amperex Technology Co. Limited (CATL) Li-FUN Technology Corporation Limited BLUETTI Power Inc. Indigenous Energy Storage Technologies Pvt. Ltd. (Indi Energy) Altris AB NEI Corporation Blackstone Technology GmbH For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Zawya
31-01-2025
- Business
- Zawya
Europe Gas: Prices at fresh 15-month high amid cold weather, restocking concerns
Dutch and British wholesale gas prices rose to a fresh 15-month on Friday morning as cold weather forecasts boosted demand and on concerns over storage refilling amid tightness in the market. The benchmark front-month contract at the Dutch TTF hub was up down 0.78 euro at 51.60 euros per megawatt hour (MWh), or $15.80/mmBtu, by 0948 GMT, its highest level since mid October 2023, according to LSEG data. The Dutch March contract was up 0.50 euro at 52.22 euros/MWh. In Britain, the front-month contract rose by 2.25 pence to 132.00 p/therm. Demand for gas for heating is up 766 gigawatt hours per day (GWh/d) for the day-ahead, 73 GWh/d for the weekend and 43 GWh/for working days next week, due to an average temperature drop of around 3 degrees Celsius, LSEG data showed. "Concerns about rapidly declining gas storage levels has seen countries working to ensure refills, with Germany proposing subsidies and Italy preparing an early start to seasonal storage," said Daniel Hynes, senior commodity strategist at ANZ bank. EU members are required to have storage levels at 90% full by November, However, this year they will face stiff competition from other consumers amid tightness in the global LNG market, he added. EU gas storage levels were 54.65% full on Friday, data from Gas Infrastructure Europe showed. "There could be some softening from current high prices if February brings milder weather. However the market is set to plateau at quite a strong level across most of the spring and summer as Europe continues competing with Asia for flexible LNG to refill its storage," said Alex Froley, LNG analyst at data intelligence firm ICIS. Hungarian Prime Minister Viktor Orban threatened on Friday to block the next rollover of EU sanctions against Russia unless Brussels helps achieve a restart of Russian gas transit via Ukraine, which was halted on Jan. 1. In the European carbon market, the benchmark contract was down 0.60 euro at 82.35 euros a metric ton. (Reporting By Marwa Rashad; Editing by Nina Chestney)
