Global Molten Salt Battery Market Research Report 2023

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.

Highlights

The global Molten Salt Battery market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029.

The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

In terms of application, the largest application is Grid Energy Storage, followed by Electric Cars.

Report Scope

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.

The Molten Salt Battery market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Molten Salt Battery market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Molten Salt Battery companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

NGK

Ambri

Sumitomo

MIT

Sesse-power

Sodium–Sulfur Battery

Liquid-Metal Batteries

Sodium-Nickel Chloride Batteries

Thermal (Non-Rechargeable) Batteries

Grid Energy Storage

Electric Cars

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Nordic Countries

Rest of Europe

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Core Chapters

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Molten Salt Battery companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Molten Salt Battery Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Sodium–Sulfur Battery

1.2.3 Liquid-Metal Batteries

1.2.4 Sodium-Nickel Chloride Batteries

1.2.5 Thermal (Non-Rechargeable) Batteries

1.3 Market by Application

1.3.1 Global Molten Salt Battery Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Grid Energy Storage

1.3.3 Electric Cars

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Molten Salt Battery Market Perspective (2018-2029)

2.2 Molten Salt Battery Growth Trends by Region

2.2.1 Global Molten Salt Battery Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Molten Salt Battery Historic Market Size by Region (2018-2023)

2.2.3 Molten Salt Battery Forecasted Market Size by Region (2024-2029)

2.3 Molten Salt Battery Market Dynamics

2.3.1 Molten Salt Battery Industry Trends

2.3.2 Molten Salt Battery Market Drivers

2.3.3 Molten Salt Battery Market Challenges

2.3.4 Molten Salt Battery Market Restraints

3.1 Global Top Molten Salt Battery Players by Revenue

3.1.1 Global Top Molten Salt Battery Players by Revenue (2018-2023)

3.1.2 Global Molten Salt Battery Revenue Market Share by Players (2018-2023)

3.2 Global Molten Salt Battery Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Molten Salt Battery Revenue

3.4 Global Molten Salt Battery Market Concentration Ratio

3.4.1 Global Molten Salt Battery Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Molten Salt Battery Revenue in 2022

3.5 Molten Salt Battery Key Players Head office and Area Served

3.6 Key Players Molten Salt Battery Product Solution and Service

3.7 Date of Enter into Molten Salt Battery Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Molten Salt Battery Historic Market Size by Type (2018-2023)

4.2 Global Molten Salt Battery Forecasted Market Size by Type (2024-2029)

5.1 Global Molten Salt Battery Historic Market Size by Application (2018-2023)

5.2 Global Molten Salt Battery Forecasted Market Size by Application (2024-2029)

6.1 North America Molten Salt Battery Market Size (2018-2029)

6.2 North America Molten Salt Battery Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Molten Salt Battery Market Size by Country (2018-2023)

6.4 North America Molten Salt Battery Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Molten Salt Battery Market Size (2018-2029)

7.2 Europe Molten Salt Battery Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Molten Salt Battery Market Size by Country (2018-2023)

7.4 Europe Molten Salt Battery Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Molten Salt Battery Market Size (2018-2029)

8.2 Asia-Pacific Molten Salt Battery Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Molten Salt Battery Market Size by Region (2018-2023)

8.4 Asia-Pacific Molten Salt Battery Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Molten Salt Battery Market Size (2018-2029)

9.2 Latin America Molten Salt Battery Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Molten Salt Battery Market Size by Country (2018-2023)

9.4 Latin America Molten Salt Battery Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Molten Salt Battery Market Size (2018-2029)

10.2 Middle East & Africa Molten Salt Battery Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Molten Salt Battery Market Size by Country (2018-2023)

10.4 Middle East & Africa Molten Salt Battery Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 NGK

11.1.1 NGK Company Detail

11.1.2 NGK Business Overview

11.1.3 NGK Molten Salt Battery Introduction

11.1.4 NGK Revenue in Molten Salt Battery Business (2018-2023)

11.1.5 NGK Recent Development

11.2 Ambri

11.2.1 Ambri Company Detail

11.2.2 Ambri Business Overview

11.2.3 Ambri Molten Salt Battery Introduction

11.2.4 Ambri Revenue in Molten Salt Battery Business (2018-2023)

11.2.5 Ambri Recent Development

11.3 Sumitomo

11.3.1 Sumitomo Company Detail

11.3.2 Sumitomo Business Overview

11.3.3 Sumitomo Molten Salt Battery Introduction

11.3.4 Sumitomo Revenue in Molten Salt Battery Business (2018-2023)

11.3.5 Sumitomo Recent Development

11.4 MIT

11.4.1 MIT Company Detail

11.4.2 MIT Business Overview

11.4.3 MIT Molten Salt Battery Introduction

11.4.4 MIT Revenue in Molten Salt Battery Business (2018-2023)

11.4.5 MIT Recent Development

11.5 Sesse-power

11.5.1 Sesse-power Company Detail

11.5.2 Sesse-power Business Overview

11.5.3 Sesse-power Molten Salt Battery Introduction

11.5.4 Sesse-power Revenue in Molten Salt Battery Business (2018-2023)

11.5.5 Sesse-power Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Molten Salt Battery Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Sodium–Sulfur Battery

    Table 3. Key Players of Liquid-Metal Batteries

    Table 4. Key Players of Sodium-Nickel Chloride Batteries

    Table 5. Key Players of Thermal (Non-Rechargeable) Batteries

    Table 6. Global Molten Salt Battery Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 7. Global Molten Salt Battery Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 8. Global Molten Salt Battery Market Size by Region (2018-2023) & (US$ Million)

    Table 9. Global Molten Salt Battery Market Share by Region (2018-2023)

    Table 10. Global Molten Salt Battery Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 11. Global Molten Salt Battery Market Share by Region (2024-2029)

    Table 12. Molten Salt Battery Market Trends

    Table 13. Molten Salt Battery Market Drivers

    Table 14. Molten Salt Battery Market Challenges

    Table 15. Molten Salt Battery Market Restraints

    Table 16. Global Molten Salt Battery Revenue by Players (2018-2023) & (US$ Million)

    Table 17. Global Molten Salt Battery Market Share by Players (2018-2023)

    Table 18. Global Top Molten Salt Battery Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Molten Salt Battery as of 2022)

    Table 19. Ranking of Global Top Molten Salt Battery Companies by Revenue (US$ Million) in 2022

    Table 20. Global 5 Largest Players Market Share by Molten Salt Battery Revenue (CR5 and HHI) & (2018-2023)

    Table 21. Key Players Headquarters and Area Served

    Table 22. Key Players Molten Salt Battery Product Solution and Service

    Table 23. Date of Enter into Molten Salt Battery Market

    Table 24. Mergers & Acquisitions, Expansion Plans

    Table 25. Global Molten Salt Battery Market Size by Type (2018-2023) & (US$ Million)

    Table 26. Global Molten Salt Battery Revenue Market Share by Type (2018-2023)

    Table 27. Global Molten Salt Battery Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 28. Global Molten Salt Battery Revenue Market Share by Type (2024-2029)

    Table 29. Global Molten Salt Battery Market Size by Application (2018-2023) & (US$ Million)

    Table 30. Global Molten Salt Battery Revenue Market Share by Application (2018-2023)

    Table 31. Global Molten Salt Battery Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 32. Global Molten Salt Battery Revenue Market Share by Application (2024-2029)

    Table 33. North America Molten Salt Battery Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 34. North America Molten Salt Battery Market Size by Country (2018-2023) & (US$ Million)

    Table 35. North America Molten Salt Battery Market Size by Country (2024-2029) & (US$ Million)

    Table 36. Europe Molten Salt Battery Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 37. Europe Molten Salt Battery Market Size by Country (2018-2023) & (US$ Million)

    Table 38. Europe Molten Salt Battery Market Size by Country (2024-2029) & (US$ Million)

    Table 39. Asia-Pacific Molten Salt Battery Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 40. Asia-Pacific Molten Salt Battery Market Size by Region (2018-2023) & (US$ Million)

    Table 41. Asia-Pacific Molten Salt Battery Market Size by Region (2024-2029) & (US$ Million)

    Table 42. Latin America Molten Salt Battery Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 43. Latin America Molten Salt Battery Market Size by Country (2018-2023) & (US$ Million)

    Table 44. Latin America Molten Salt Battery Market Size by Country (2024-2029) & (US$ Million)

    Table 45. Middle East & Africa Molten Salt Battery Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 46. Middle East & Africa Molten Salt Battery Market Size by Country (2018-2023) & (US$ Million)

    Table 47. Middle East & Africa Molten Salt Battery Market Size by Country (2024-2029) & (US$ Million)

    Table 48. NGK Company Detail

    Table 49. NGK Business Overview

    Table 50. NGK Molten Salt Battery Product

    Table 51. NGK Revenue in Molten Salt Battery Business (2018-2023) & (US$ Million)

    Table 52. NGK Recent Development

    Table 53. Ambri Company Detail

    Table 54. Ambri Business Overview

    Table 55. Ambri Molten Salt Battery Product

    Table 56. Ambri Revenue in Molten Salt Battery Business (2018-2023) & (US$ Million)

    Table 57. Ambri Recent Development

    Table 58. Sumitomo Company Detail

    Table 59. Sumitomo Business Overview

    Table 60. Sumitomo Molten Salt Battery Product

    Table 61. Sumitomo Revenue in Molten Salt Battery Business (2018-2023) & (US$ Million)

    Table 62. Sumitomo Recent Development

    Table 63. MIT Company Detail

    Table 64. MIT Business Overview

    Table 65. MIT Molten Salt Battery Product

    Table 66. MIT Revenue in Molten Salt Battery Business (2018-2023) & (US$ Million)

    Table 67. MIT Recent Development

    Table 68. Sesse-power Company Detail

    Table 69. Sesse-power Business Overview

    Table 70. Sesse-power Molten Salt Battery Product

    Table 71. Sesse-power Revenue in Molten Salt Battery Business (2018-2023) & (US$ Million)

    Table 72. Sesse-power Recent Development

    Table 73. Research Programs/Design for This Report

    Table 74. Key Data Information from Secondary Sources

    Table 75. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Molten Salt Battery Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Molten Salt Battery Market Share by Type: 2022 VS 2029

    Figure 3. Sodium–Sulfur Battery Features

    Figure 4. Liquid-Metal Batteries Features

    Figure 5. Sodium-Nickel Chloride Batteries Features

    Figure 6. Thermal (Non-Rechargeable) Batteries Features

    Figure 7. Global Molten Salt Battery Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 8. Global Molten Salt Battery Market Share by Application: 2022 VS 2029

    Figure 9. Grid Energy Storage Case Studies

    Figure 10. Electric Cars Case Studies

    Figure 11. Molten Salt Battery Report Years Considered

    Figure 12. Global Molten Salt Battery Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 13. Global Molten Salt Battery Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 14. Global Molten Salt Battery Market Share by Region: 2022 VS 2029

    Figure 15. Global Molten Salt Battery Market Share by Players in 2022

    Figure 16. Global Top Molten Salt Battery Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Molten Salt Battery as of 2022)

    Figure 17. The Top 10 and 5 Players Market Share by Molten Salt Battery Revenue in 2022

    Figure 18. North America Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 19. North America Molten Salt Battery Market Share by Country (2018-2029)

    Figure 20. United States Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 21. Canada Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 22. Europe Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. Europe Molten Salt Battery Market Share by Country (2018-2029)

    Figure 24. Germany Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. France Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. U.K. Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. Italy Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Russia Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Nordic Countries Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Asia-Pacific Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Asia-Pacific Molten Salt Battery Market Share by Region (2018-2029)

    Figure 32. China Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Japan Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. South Korea Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Southeast Asia Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. India Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Australia Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Latin America Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Latin America Molten Salt Battery Market Share by Country (2018-2029)

    Figure 40. Mexico Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Brazil Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Middle East & Africa Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Middle East & Africa Molten Salt Battery Market Share by Country (2018-2029)

    Figure 44. Turkey Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Saudi Arabia Molten Salt Battery Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. NGK Revenue Growth Rate in Molten Salt Battery Business (2018-2023)

    Figure 47. Ambri Revenue Growth Rate in Molten Salt Battery Business (2018-2023)

    Figure 48. Sumitomo Revenue Growth Rate in Molten Salt Battery Business (2018-2023)

    Figure 49. MIT Revenue Growth Rate in Molten Salt Battery Business (2018-2023)

    Figure 50. Sesse-power Revenue Growth Rate in Molten Salt Battery Business (2018-2023)

    Figure 51. Bottom-up and Top-down Approaches for This Report

    Figure 52. Data Triangulation

    Figure 53. Key Executives Interviewed