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China Thermal Energy Storage Market

ID: MRFR/EnP/53836-HCR
200 Pages
MRFR Team
Last Updated: April 24, 2026

China Thermal Energy Storage Market Research Report: By Technology (Molten Salt Storage, Water Thermal Storage, Phase Change Materials, Ice Storage), By Storage Capacity (Less than 100 MWh, 100-500 MWh, 500-1000 MWh, More than 1000 MWh), By Application (District Heating, Industrial Processes, Concentrated Solar Power, Building Heating and Cooling) andBy Material Used (Concrete, Steel, Natural Materials, Composite Materials)- Forecast to 2035

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Summary Table of Contents Segmentation Download PDF
  1. 1 SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
  2.   1.1 EXECUTIVE SUMMARY
  3.     1.1.1 Market Overview
  4.     1.1.2 Key Findings
  5.     1.1.3 Market Segmentation
  6.     1.1.4 Competitive Landscape
  7.     1.1.5 Challenges and Opportunities
  8.     1.1.6 Future Outlook
  9. 2 SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
  10.   2.1 MARKET INTRODUCTION
  11.     2.1.1 Definition
  12.     2.1.2 Scope of the study
  13.       2.1.2.1 Research Objective
  14.       2.1.2.2 Assumption
  15.       2.1.2.3 Limitations
  16.   2.2 RESEARCH METHODOLOGY
  17.     2.2.1 Overview
  18.     2.2.2 Data Mining
  19.     2.2.3 Secondary Research
  20.     2.2.4 Primary Research
  21.       2.2.4.1 Primary Interviews and Information Gathering Process
  22.       2.2.4.2 Breakdown of Primary Respondents
  23.     2.2.5 Forecasting Model
  24.     2.2.6 Market Size Estimation
  25.       2.2.6.1 Bottom-Up Approach
  26.       2.2.6.2 Top-Down Approach
  27.     2.2.7 Data Triangulation
  28.     2.2.8 Validation
  29. 3 SECTION III: QUALITATIVE ANALYSIS
  30.   3.1 MARKET DYNAMICS
  31.     3.1.1 Overview
  32.     3.1.2 Drivers
  33.     3.1.3 Restraints
  34.     3.1.4 Opportunities
  35.   3.2 MARKET FACTOR ANALYSIS
  36.     3.2.1 Value chain Analysis
  37.     3.2.2 Porter's Five Forces Analysis
  38.       3.2.2.1 Bargaining Power of Suppliers
  39.       3.2.2.2 Bargaining Power of Buyers
  40.       3.2.2.3 Threat of New Entrants
  41.       3.2.2.4 Threat of Substitutes
  42.       3.2.2.5 Intensity of Rivalry
  43.     3.2.3 COVID-19 Impact Analysis
  44.       3.2.3.1 Market Impact Analysis
  45.       3.2.3.2 Regional Impact
  46.       3.2.3.3 Opportunity and Threat Analysis
  47. 4 SECTION IV: QUANTITATIVE ANALYSIS
  48.   4.1 China Thermal Energy Storage Market, BY Application (USD Billion)
  49.     4.1.1 Load Shifting
  50.     4.1.2 Renewable Energy Integration
  51.     4.1.3 Peak Shaving
  52.     4.1.4 Energy Arbitrage
  53.     4.1.5 District Heating
  54.   4.2 China Thermal Energy Storage Market, BY Technology (USD Billion)
  55.     4.2.1 Phase Change Material
  56.     4.2.2 Molten Salt
  57.     4.2.3 Chilled Water Storage
  58.     4.2.4 Thermal Energy Storage Tank
  59.     4.2.5 Ice Storage
  60.   4.3 China Thermal Energy Storage Market, BY End Use (USD Billion)
  61.     4.3.1 Industrial
  62.     4.3.2 Commercial
  63.     4.3.3 Residential
  64.     4.3.4 Utility
  65.     4.3.5 Transportation
  66.   4.4 China Thermal Energy Storage Market, BY Storage Medium (USD Billion)
  67.     4.4.1 Water
  68.     4.4.2 Ice
  69.     4.4.3 Molten Salt
  70.     4.4.4 Phase Change Material
  71.     4.4.5 Thermal Oil
  72. 5 SECTION V: COMPETITIVE ANALYSIS
  73.   5.1 Competitive Landscape
  74.     5.1.1 Overview
  75.     5.1.2 Competitive Analysis
  76.     5.1.3 Market share Analysis
  77.     5.1.4 Major Growth Strategy in the China Thermal Energy Storage Market
  78.     5.1.5 Competitive Benchmarking
  79.     5.1.6 Leading Players in Terms of Number of Developments in the China Thermal Energy Storage Market
  80.     5.1.7 Key developments and growth strategies
  81.       5.1.7.1 New Product Launch/Service Deployment
  82.       5.1.7.2 Merger & Acquisitions
  83.       5.1.7.3 Joint Ventures
  84.     5.1.8 Major Players Financial Matrix
  85.       5.1.8.1 Sales and Operating Income
  86.       5.1.8.2 Major Players R&D Expenditure. 2023
  87.   5.2 Company Profiles
  88.     5.2.1 China National Building Material Group (CN)
  89.       5.2.1.1 Financial Overview
  90.       5.2.1.2 Products Offered
  91.       5.2.1.3 Key Developments
  92.       5.2.1.4 SWOT Analysis
  93.       5.2.1.5 Key Strategies
  94.     5.2.2 China Energy Engineering Corporation (CN)
  95.       5.2.2.1 Financial Overview
  96.       5.2.2.2 Products Offered
  97.       5.2.2.3 Key Developments
  98.       5.2.2.4 SWOT Analysis
  99.       5.2.2.5 Key Strategies
  100.     5.2.3 China National Petroleum Corporation (CN)
  101.       5.2.3.1 Financial Overview
  102.       5.2.3.2 Products Offered
  103.       5.2.3.3 Key Developments
  104.       5.2.3.4 SWOT Analysis
  105.       5.2.3.5 Key Strategies
  106.     5.2.4 State Grid Corporation of China (CN)
  107.       5.2.4.1 Financial Overview
  108.       5.2.4.2 Products Offered
  109.       5.2.4.3 Key Developments
  110.       5.2.4.4 SWOT Analysis
  111.       5.2.4.5 Key Strategies
  112.     5.2.5 China Southern Power Grid (CN)
  113.       5.2.5.1 Financial Overview
  114.       5.2.5.2 Products Offered
  115.       5.2.5.3 Key Developments
  116.       5.2.5.4 SWOT Analysis
  117.       5.2.5.5 Key Strategies
  118.     5.2.6 Tsinghua University (CN)
  119.       5.2.6.1 Financial Overview
  120.       5.2.6.2 Products Offered
  121.       5.2.6.3 Key Developments
  122.       5.2.6.4 SWOT Analysis
  123.       5.2.6.5 Key Strategies
  124.     5.2.7 China Three Gorges Corporation (CN)
  125.       5.2.7.1 Financial Overview
  126.       5.2.7.2 Products Offered
  127.       5.2.7.3 Key Developments
  128.       5.2.7.4 SWOT Analysis
  129.       5.2.7.5 Key Strategies
  130.     5.2.8 Sungrow Power Supply Co., Ltd. (CN)
  131.       5.2.8.1 Financial Overview
  132.       5.2.8.2 Products Offered
  133.       5.2.8.3 Key Developments
  134.       5.2.8.4 SWOT Analysis
  135.       5.2.8.5 Key Strategies
  136.     5.2.9 LONGi Green Energy Technology Co., Ltd. (CN)
  137.       5.2.9.1 Financial Overview
  138.       5.2.9.2 Products Offered
  139.       5.2.9.3 Key Developments
  140.       5.2.9.4 SWOT Analysis
  141.       5.2.9.5 Key Strategies
  142.   5.3 Appendix
  143.     5.3.1 References
  144.     5.3.2 Related Reports
  145. 6 LIST OF FIGURES
  146.   6.1 MARKET SYNOPSIS
  147.   6.2 CHINA MARKET ANALYSIS BY APPLICATION
  148.   6.3 CHINA MARKET ANALYSIS BY TECHNOLOGY
  149.   6.4 CHINA MARKET ANALYSIS BY END USE
  150.   6.5 CHINA MARKET ANALYSIS BY STORAGE MEDIUM
  151.   6.6 KEY BUYING CRITERIA OF CHINA THERMAL ENERGY STORAGE MARKET
  152.   6.7 RESEARCH PROCESS OF MRFR
  153.   6.8 DRO ANALYSIS OF CHINA THERMAL ENERGY STORAGE MARKET
  154.   6.9 DRIVERS IMPACT ANALYSIS: CHINA THERMAL ENERGY STORAGE MARKET
  155.   6.10 RESTRAINTS IMPACT ANALYSIS: CHINA THERMAL ENERGY STORAGE MARKET
  156.   6.11 SUPPLY / VALUE CHAIN: CHINA THERMAL ENERGY STORAGE MARKET
  157.   6.12 CHINA THERMAL ENERGY STORAGE MARKET, BY APPLICATION, 2024 (% SHARE)
  158.   6.13 CHINA THERMAL ENERGY STORAGE MARKET, BY APPLICATION, 2024 TO 2035 (USD Billion)
  159.   6.14 CHINA THERMAL ENERGY STORAGE MARKET, BY TECHNOLOGY, 2024 (% SHARE)
  160.   6.15 CHINA THERMAL ENERGY STORAGE MARKET, BY TECHNOLOGY, 2024 TO 2035 (USD Billion)
  161.   6.16 CHINA THERMAL ENERGY STORAGE MARKET, BY END USE, 2024 (% SHARE)
  162.   6.17 CHINA THERMAL ENERGY STORAGE MARKET, BY END USE, 2024 TO 2035 (USD Billion)
  163.   6.18 CHINA THERMAL ENERGY STORAGE MARKET, BY STORAGE MEDIUM, 2024 (% SHARE)
  164.   6.19 CHINA THERMAL ENERGY STORAGE MARKET, BY STORAGE MEDIUM, 2024 TO 2035 (USD Billion)
  165.   6.20 BENCHMARKING OF MAJOR COMPETITORS
  166. 7 LIST OF TABLES
  167.   7.1 LIST OF ASSUMPTIONS
  168.     7.1.1
  169.   7.2 China MARKET SIZE ESTIMATES; FORECAST
  170.     7.2.1 BY APPLICATION, 2026-2035 (USD Billion)
  171.     7.2.2 BY TECHNOLOGY, 2026-2035 (USD Billion)
  172.     7.2.3 BY END USE, 2026-2035 (USD Billion)
  173.     7.2.4 BY STORAGE MEDIUM, 2026-2035 (USD Billion)
  174.   7.3 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
  175.     7.3.1
  176.   7.4 ACQUISITION/PARTNERSHIP
  177.     7.4.1

China Thermal Energy Storage Market Segmentation

China Thermal Energy Storage Market By Application (USD Billion, 2022-2035)

  • Load Shifting
  • Renewable Energy Integration
  • Peak Shaving
  • Energy Arbitrage
  • District Heating

China Thermal Energy Storage Market By Technology (USD Billion, 2022-2035)

  • Phase Change Material
  • Molten Salt
  • Chilled Water Storage
  • Thermal Energy Storage Tank
  • Ice Storage

China Thermal Energy Storage Market By End Use (USD Billion, 2022-2035)

  • Industrial
  • Commercial
  • Residential
  • Utility
  • Transportation

China Thermal Energy Storage Market By Storage Medium (USD Billion, 2022-2035)

  • Water
  • Ice
  • Molten Salt
  • Phase Change Material
  • Thermal Oil

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