Molten Salt Battery market

Molten Salt Battery Market - Global Outlook and Forecast 2022-2028

  • 24 January 2022
  • Energy and Natural Resources
  • 67 Pages
  • Report code : PMR-6798549

  • 4.7 (158)

Molten Salt Battery Market

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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.

Molten Salt Battery Market contains market size and forecasts of Molten Salt Battery in Global, including the following market information:

Global Molten Salt Battery Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Molten Salt Battery market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Sodium?Sulfur Battery Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Molten Salt Battery include NGK, Ambri, Sumitomo, MIT and Sesse-power, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

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, 2017-2022, 2023-2028 ($ millions)

Global Molten Salt Battery Market Segment Percentages, by Type, 2021 (%)

Sodium?Sulfur Battery

Liquid-Metal Batteries

Sodium-Nickel Chloride Batteries

Thermal (Non-Rechargeable) Batteries

Global Molten Salt Battery Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Molten Salt Battery Market Segment Percentages, by Application, 2021 (%)

Grid Energy Storage

Electric Cars

Global Molten Salt Battery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Molten Salt Battery Market Segment Percentages, By Region and Country, 2021 (%)

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, 2017-2022 (estimated), ($ millions)

Key companies Molten Salt Battery revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

NGK

Ambri

Sumitomo

MIT

Sesse-power

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