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.
MARKET MONITOR GLOBAL, INC (MMG) has 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.
Molten Salt Battery Market, Global Outlook and Forecast 2023-2029
Table of Contents
1 Introduction to Research & Analysis Reports
1.1 Molten Salt Battery Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Molten Salt Battery Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Molten Salt Battery Overall Market Size
2.1 Global Molten Salt Battery Market Size: 2022 VS 2029
2.2 Global Molten Salt Battery Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Molten Salt Battery Players in Global Market
3.2 Top Global Molten Salt Battery Companies Ranked by Revenue
3.3 Global Molten Salt Battery Revenue by Companies
3.4 Top 3 and Top 5 Molten Salt Battery Companies in Global Market, by Revenue in 2022
3.5 Global Companies Molten Salt Battery Product Type
3.6 Tier 1, Tier 2 and Tier 3 Molten Salt Battery Players in Global Market
3.6.1 List of Global Tier 1 Molten Salt Battery Companies
3.6.2 List of Global Tier 2 and Tier 3 Molten Salt Battery Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Molten Salt Battery Market Size Markets, 2022 & 2029
4.1.2 Sodium-Sulfur Battery
4.1.3 Liquid-Metal Batteries
4.1.4 Sodium-Nickel Chloride Batteries
4.1.5 Thermal (Non-Rechargeable) Batteries
4.2 By Type - Global Molten Salt Battery Revenue & Forecasts
4.2.1 By Type - Global Molten Salt Battery Revenue, 2018-2023
4.2.2 By Type - Global Molten Salt Battery Revenue, 2024-2029
4.2.3 By Type - Global Molten Salt Battery Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Molten Salt Battery Market Size, 2022 & 2029
5.1.2 Grid Energy Storage
5.1.3 Electric Cars
5.2 By Application - Global Molten Salt Battery Revenue & Forecasts
5.2.1 By Application - Global Molten Salt Battery Revenue, 2018-2023
5.2.2 By Application - Global Molten Salt Battery Revenue, 2024-2029
5.2.3 By Application - Global Molten Salt Battery Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Molten Salt Battery Market Size, 2022 & 2029
6.2 By Region - Global Molten Salt Battery Revenue & Forecasts
6.2.1 By Region - Global Molten Salt Battery Revenue, 2018-2023
6.2.2 By Region - Global Molten Salt Battery Revenue, 2024-2029
6.2.3 By Region - Global Molten Salt Battery Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Molten Salt Battery Revenue, 2018-2029
6.3.2 US Molten Salt Battery Market Size, 2018-2029
6.3.3 Canada Molten Salt Battery Market Size, 2018-2029
6.3.4 Mexico Molten Salt Battery Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Molten Salt Battery Revenue, 2018-2029
6.4.2 Germany Molten Salt Battery Market Size, 2018-2029
6.4.3 France Molten Salt Battery Market Size, 2018-2029
6.4.4 U.K. Molten Salt Battery Market Size, 2018-2029
6.4.5 Italy Molten Salt Battery Market Size, 2018-2029
6.4.6 Russia Molten Salt Battery Market Size, 2018-2029
6.4.7 Nordic Countries Molten Salt Battery Market Size, 2018-2029
6.4.8 Benelux Molten Salt Battery Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Molten Salt Battery Revenue, 2018-2029
6.5.2 China Molten Salt Battery Market Size, 2018-2029
6.5.3 Japan Molten Salt Battery Market Size, 2018-2029
6.5.4 South Korea Molten Salt Battery Market Size, 2018-2029
6.5.5 Southeast Asia Molten Salt Battery Market Size, 2018-2029
6.5.6 India Molten Salt Battery Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Molten Salt Battery Revenue, 2018-2029
6.6.2 Brazil Molten Salt Battery Market Size, 2018-2029
6.6.3 Argentina Molten Salt Battery Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Molten Salt Battery Revenue, 2018-2029
6.7.2 Turkey Molten Salt Battery Market Size, 2018-2029
6.7.3 Israel Molten Salt Battery Market Size, 2018-2029
6.7.4 Saudi Arabia Molten Salt Battery Market Size, 2018-2029
6.7.5 UAE Molten Salt Battery Market Size, 2018-2029
7 Molten Salt Battery Companies Profiles
7.1 NGK
7.1.1 NGK Company Summary
7.1.2 NGK Business Overview
7.1.3 NGK Molten Salt Battery Major Product Offerings
7.1.4 NGK Molten Salt Battery Revenue in Global Market (2018-2023)
7.1.5 NGK Key News & Latest Developments
7.2 Ambri
7.2.1 Ambri Company Summary
7.2.2 Ambri Business Overview
7.2.3 Ambri Molten Salt Battery Major Product Offerings
7.2.4 Ambri Molten Salt Battery Revenue in Global Market (2018-2023)
7.2.5 Ambri Key News & Latest Developments
7.3 Sumitomo
7.3.1 Sumitomo Company Summary
7.3.2 Sumitomo Business Overview
7.3.3 Sumitomo Molten Salt Battery Major Product Offerings
7.3.4 Sumitomo Molten Salt Battery Revenue in Global Market (2018-2023)
7.3.5 Sumitomo Key News & Latest Developments
7.4 MIT
7.4.1 MIT Company Summary
7.4.2 MIT Business Overview
7.4.3 MIT Molten Salt Battery Major Product Offerings
7.4.4 MIT Molten Salt Battery Revenue in Global Market (2018-2023)
7.4.5 MIT Key News & Latest Developments
7.5 Sesse-power
7.5.1 Sesse-power Company Summary
7.5.2 Sesse-power Business Overview
7.5.3 Sesse-power Molten Salt Battery Major Product Offerings
7.5.4 Sesse-power Molten Salt Battery Revenue in Global Market (2018-2023)
7.5.5 Sesse-power Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
List of Tables
Table 1. Molten Salt Battery Market Opportunities & Trends in Global Market
Table 2. Molten Salt Battery Market Drivers in Global Market
Table 3. Molten Salt Battery Market Restraints in Global Market
Table 4. Key Players of Molten Salt Battery in Global Market
Table 5. Top Molten Salt Battery Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Molten Salt Battery Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Molten Salt Battery Revenue Share by Companies, 2018-2023
Table 8. Global Companies Molten Salt Battery Product Type
Table 9. List of Global Tier 1 Molten Salt Battery Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Molten Salt Battery Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type - Global Molten Salt Battery Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Molten Salt Battery Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Molten Salt Battery Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application - Global Molten Salt Battery Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Molten Salt Battery Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Molten Salt Battery Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region - Global Molten Salt Battery Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Molten Salt Battery Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Molten Salt Battery Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Molten Salt Battery Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Molten Salt Battery Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Molten Salt Battery Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Molten Salt Battery Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Molten Salt Battery Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Molten Salt Battery Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Molten Salt Battery Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Molten Salt Battery Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Molten Salt Battery Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Molten Salt Battery Revenue, (US$, Mn), 2024-2029
Table 30. NGK Company Summary
Table 31. NGK Molten Salt Battery Product Offerings
Table 32. NGK Molten Salt Battery Revenue (US$, Mn) & (2018-2023)
Table 33. NGK Key News & Latest Developments
Table 34. Ambri Company Summary
Table 35. Ambri Molten Salt Battery Product Offerings
Table 36. Ambri Molten Salt Battery Revenue (US$, Mn) & (2018-2023)
Table 37. Ambri Key News & Latest Developments
Table 38. Sumitomo Company Summary
Table 39. Sumitomo Molten Salt Battery Product Offerings
Table 40. Sumitomo Molten Salt Battery Revenue (US$, Mn) & (2018-2023)
Table 41. Sumitomo Key News & Latest Developments
Table 42. MIT Company Summary
Table 43. MIT Molten Salt Battery Product Offerings
Table 44. MIT Molten Salt Battery Revenue (US$, Mn) & (2018-2023)
Table 45. MIT Key News & Latest Developments
Table 46. Sesse-power Company Summary
Table 47. Sesse-power Molten Salt Battery Product Offerings
Table 48. Sesse-power Molten Salt Battery Revenue (US$, Mn) & (2018-2023)
Table 49. Sesse-power Key News & Latest Developments
List of Figures
Figure 1. Molten Salt Battery Segment by Type in 2022
Figure 2. Molten Salt Battery Segment by Application in 2022
Figure 3. Global Molten Salt Battery Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Molten Salt Battery Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Molten Salt Battery Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Molten Salt Battery Revenue in 2022
Figure 8. By Type - Global Molten Salt Battery Revenue Market Share, 2018-2029
Figure 9. By Application - Global Molten Salt Battery Revenue Market Share, 2018-2029
Figure 10. By Type - Global Molten Salt Battery Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Molten Salt Battery Revenue Market Share, 2018-2029
Figure 12. By Application - Global Molten Salt Battery Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Molten Salt Battery Revenue Market Share, 2018-2029
Figure 14. By Region - Global Molten Salt Battery Revenue Market Share, 2018-2029
Figure 15. By Country - North America Molten Salt Battery Revenue Market Share, 2018-2029
Figure 16. US Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Molten Salt Battery Revenue Market Share, 2018-2029
Figure 20. Germany Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 21. France Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Molten Salt Battery Revenue Market Share, 2018-2029
Figure 28. China Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 32. India Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Molten Salt Battery Revenue Market Share, 2018-2029
Figure 34. Brazil Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Molten Salt Battery Revenue Market Share, 2018-2029
Figure 37. Turkey Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Molten Salt Battery Revenue, (US$, Mn), 2018-2029
Figure 41. NGK Molten Salt Battery Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Ambri Molten Salt Battery Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Sumitomo Molten Salt Battery Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. MIT Molten Salt Battery Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Sesse-power Molten Salt Battery Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
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