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APAC Sodium Ion Battery Market
ID: MRFR/EnP/53824-HCR
200 Pages
February 2026
APAC Sodium Ion Battery Market Research Report: By Application (Electric Vehicles, Energy Storage Systems, Consumer Electronics, Industrial Applications), By Chemistry Type (Sodium Nickel Manganese Chloride, Sodium Sulfur, Sodium Iron Phosphate), By End Use (Automotive, Residential, Commercial, Utility), By Form Factor (Prismatic, Cylindrical, Pouch) andBy Regional (China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC)- Forecast to 2035 APAC Sodium Ion Battery Market Overview: As per MRFR analysis, the APAC Sodium Ion Battery Market Size was estimated at 645 (USD Million) in 2023
Industry Developments
Recent developments in the APAC Sodium Ion Battery Market reveal a rapid expansion driven by rising demand for sustainable energy storage solutions and electric vehicles. Companies such as CATL and Tianjin Lishen Battery are actively enhancing their sodium ion technology capabilities, aiming to achieve commercial viability alongside lithium-ion batteries. In November 2023, Budian Technology announced a strategic partnership with Jinzhou Jianghe Energy to explore advanced sodium ion battery applications for renewable energy systems. Additionally, in December 2023, Sungrow Power Supply secured a deal with Brookfield Renewable Partners to integrate sodium ion batteries into their energy storage systems, reflecting a broader trend toward battery diversification. Notably, Verde Energy and Antai Technology have seen significant growth in valuations, driven by investments aimed at scaling production capacities. The market is also witnessing mergers, as A123 Systems has acquired key assets from Faraday Technology, enhancing its R&D in APAC. Over the past two to three years, significant movements have occurred, such as Ames Energy's collaboration with NexFlow in May 2022 to jointly develop next-generation sodium ion battery materials, marking a pivotal shift in the energy sector in the region.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 645.0(USD Million) |
| MARKET SIZE 2024 | 750.0(USD Million) |
| MARKET SIZE 2035 | 4000.0(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 16.437% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Budian Technology, Sungrow Power Supply, Verde Energy, Jinzhou Jianghe Energy, Brookfield Renewable Partners, Sungrow, Antai Technology, LiFeBATT, Tianjin Lishen Battery, Faraday Technology, TaoHua, Ames Energy, NexFlow, CATL, A123 Systems |
| SEGMENTS COVERED | Application, Chemistry Type, End Use, Form Factor, Regional |
| KEY MARKET OPPORTUNITIES | Growing demand for energy storage, Expansion in electric vehicle sector, Renewable energy integration, Cost-effective alternative to lithium, Government support for green technologies |
| KEY MARKET DYNAMICS | growing demand for energy storage, technological advancements in battery design, increasing governmental support, environmental sustainability concerns, competitive pricing compared to lithium batteries |
| COUNTRIES COVERED | China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC |
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FAQs
What is the projected market size of the APAC Sodium Ion Battery Market by 2035?
The APAC Sodium Ion Battery Market is expected to reach a value of 4000.0 USD Million by 2035.
What was the market size of the APAC Sodium Ion Battery Market in 2024?
In 2024, the APAC Sodium Ion Battery Market was valued at 750.0 USD Million.
What is the expected CAGR for the APAC Sodium Ion Battery Market from 2025 to 2035?
The expected CAGR for the APAC Sodium Ion Battery Market from 2025 to 2035 is 16.437%.
Which region is expected to dominate the APAC Sodium Ion Battery Market by 2035?
China is expected to dominate the APAC Sodium Ion Battery Market with a projected value of 1600.0 USD Million by 2035.
What is the projected market value for Electric Vehicles in the APAC Sodium Ion Battery Market by 2035?
The market value for Electric Vehicles in the APAC Sodium Ion Battery Market is projected to reach 1200.0 USD Million by 2035.
Who are the key players in the APAC Sodium Ion Battery Market?
Key players in the APAC Sodium Ion Battery Market include Budian Technology, Sungrow, and CATL, among others.
What is the expected market size for Energy Storage Systems in 2024?
The expected market size for Energy Storage Systems in 2024 is valued at 250.0 USD Million.
What will be the market value for Consumer Electronics in 2035?
The market value for Consumer Electronics in the APAC Sodium Ion Battery Market is expected to be 800.0 USD Million by 2035.
How is the APAC Sodium Ion Battery Market growth affected by regional demands?
Regional demands significantly influence the growth, with India expected to reach 1000.0 USD Million in 2035.
What is the projected market value for Industrial Applications in the APAC Sodium Ion Battery Market by 2035?
The projected market value for Industrial Applications is expected to be 500.0 USD Million by 2035.
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