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    Sodium Salt Battery Market

    ID: MRFR/E&P/24448-HCR
    128 Pages
    Snehal Singh
    October 2025

    Sodium Salt Battery Market Research Report - By Electrolyte Type (Solid Electrolyte, Liquid Electrolyte), By Application (Energy Storage Systems (ESS), Electric Vehicles (EVs), Uninterruptible Power Supplies (UPS), Portable Electronics, Other Applications), By Capacity (Less than 500 MWh, 500 MWh to 1 GWh, 1 GWh to 5 GWh, Above 5 GWh), By Voltage (Below 100 V, 100 V to 500 V, 500 V to 1 kV, Above 1 kV), By Cathode Material (Prussian Blue (PB), Sodium Layered Oxide (NLO), Sodium Polyanionic Compounds (SPACs), Other Cathode Materials) and By ...

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    Sodium Salt Battery Market Infographic

    Sodium Salt Battery Market Summary

    As per MRFR analysis, the Sodium Salt Battery Market Size was estimated at 1.372 USD Billion in 2024. The Sodium Salt Battery industry is projected to grow from 1.685 USD Billion in 2025 to 13.19 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 22.84 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Sodium Salt Battery Market is poised for substantial growth driven by sustainability and technological advancements.

    • North America remains the largest market for sodium salt batteries, reflecting a robust demand for energy storage solutions.
    • Asia-Pacific is emerging as the fastest-growing region, propelled by increasing investments in clean energy technologies.
    • The solid electrolyte segment dominates the market, while the liquid electrolyte segment is witnessing rapid growth due to innovative designs.
    • Key market drivers include the rising demand for energy storage solutions and the cost-effectiveness of sodium salt batteries.

    Market Size & Forecast

    2024 Market Size 1.372 (USD Billion)
    2035 Market Size 13.19 (USD Billion)
    CAGR (2025 - 2035) 22.84%

    Major Players

    Sodium Energy (US), NexGen Energy (US), AquaBattery (US), Faradion (GB), Sion Power (US), Tiamat Energy (FR), Nextera Energy (US), Cadenza Innovation (US)

    Sodium Salt Battery Market Trends

    The Sodium Salt Battery Market is currently experiencing a notable evolution, driven by the increasing demand for sustainable energy storage solutions. This market appears to be gaining traction due to the growing emphasis on renewable energy sources and the need for efficient energy management systems. As industries and consumers alike seek alternatives to traditional lithium-ion batteries, sodium salt batteries present a compelling option. Their potential for lower costs and abundant raw materials positions them favorably in the competitive landscape. Furthermore, advancements in technology and research are likely to enhance the performance and reliability of these batteries, making them more appealing for various applications. In addition, the Sodium Salt Battery Market seems to be influenced by regulatory frameworks that promote environmentally friendly technologies. Governments worldwide are implementing policies that encourage the adoption of cleaner energy solutions, which may further stimulate market growth. The increasing focus on reducing carbon footprints and enhancing energy efficiency could lead to a broader acceptance of sodium salt batteries across multiple sectors. As the market continues to evolve, it is essential to monitor these trends and their implications for future developments in energy storage technologies.

    Growing Interest in Sustainable Solutions

    The Sodium Salt Battery Market is witnessing a surge in interest as stakeholders prioritize sustainable energy solutions. This trend reflects a broader shift towards environmentally friendly technologies, with sodium salt batteries offering a viable alternative to conventional options.

    Technological Advancements

    Ongoing research and development efforts are likely to enhance the performance characteristics of sodium salt batteries. Innovations in materials and design may lead to improved energy density and cycle life, making these batteries more competitive.

    Regulatory Support for Clean Energy

    Government policies promoting clean energy initiatives appear to be fostering growth in the Sodium Salt Battery Market. Regulatory frameworks that incentivize the use of sustainable technologies may encourage wider adoption and investment in this sector.

    The ongoing advancements in sodium salt battery technology suggest a promising shift towards more sustainable energy storage solutions, potentially reshaping the landscape of renewable energy applications.

    U.S. Department of Energy

    Sodium Salt Battery Market Drivers

    Supportive Regulatory Frameworks

    The Sodium Salt Battery Market is benefiting from supportive regulatory frameworks that promote clean energy technologies. Governments worldwide are implementing policies and incentives aimed at reducing carbon emissions and fostering the adoption of renewable energy sources. These regulations often include subsidies for energy storage solutions, tax incentives for manufacturers, and mandates for cleaner technologies. Such supportive measures are likely to create a favorable environment for the growth of sodium salt batteries, as they align with governmental objectives to transition towards sustainable energy systems. As regulatory support continues to strengthen, the Sodium Salt Battery Market is expected to gain momentum, attracting new players and investments.

    Environmental Benefits and Sustainability

    The Sodium Salt Battery Market is increasingly recognized for its environmental benefits and sustainability. Sodium salt batteries are considered more eco-friendly compared to traditional lithium-ion batteries, primarily due to the abundance of sodium and the reduced environmental impact associated with their production and disposal. The growing emphasis on sustainable energy solutions is prompting industries to seek alternatives that align with environmental regulations and consumer preferences. Market trends indicate a shift towards greener technologies, with sodium salt batteries positioned as a favorable option. This alignment with sustainability goals is likely to drive investment and innovation within the Sodium Salt Battery Market, as companies strive to meet the demands of environmentally conscious consumers.

    Rising Demand for Energy Storage Solutions

    The Sodium Salt Battery Market is experiencing a notable surge in demand for energy storage solutions, driven by the increasing need for reliable and efficient energy systems. As renewable energy sources, such as solar and wind, become more prevalent, the necessity for effective energy storage technologies intensifies. Sodium salt batteries, with their potential for high energy density and cost-effectiveness, are emerging as a viable alternative to traditional lithium-ion batteries. Market data indicates that the energy storage sector is projected to grow significantly, with estimates suggesting a compound annual growth rate of over 20% in the coming years. This growth is likely to propel the Sodium Salt Battery Market forward, as stakeholders seek sustainable and scalable energy storage options.

    Cost-Effectiveness of Sodium Salt Batteries

    One of the compelling drivers for the Sodium Salt Battery Market is the cost-effectiveness associated with sodium salt batteries. Compared to lithium-ion batteries, sodium salt batteries utilize more abundant and less expensive raw materials, which can lead to lower production costs. This economic advantage is particularly appealing for large-scale applications, such as grid storage and electric vehicles, where cost efficiency is paramount. Recent analyses suggest that the total cost of ownership for sodium salt batteries could be significantly lower than that of their lithium counterparts, making them an attractive option for manufacturers and consumers alike. As the market continues to evolve, the affordability of sodium salt batteries is likely to enhance their adoption across various sectors.

    Technological Innovations in Battery Design

    Technological advancements play a crucial role in shaping the Sodium Salt Battery Market. Innovations in battery design and materials are enhancing the performance and efficiency of sodium salt batteries, making them more competitive with established technologies. Research and development efforts are focused on improving energy density, cycle life, and charging rates, which are essential for meeting the demands of modern applications. Recent studies indicate that breakthroughs in electrode materials and electrolyte formulations could lead to significant improvements in battery performance. As these innovations materialize, they are expected to attract further investment and interest in the Sodium Salt Battery Market, potentially accelerating its growth trajectory.

    Market Segment Insights

    By Electrolyte Type: Solid Electrolyte (Largest) vs. Liquid Electrolyte (Fastest-Growing)

    In the Sodium Salt Battery Market, the distribution of market share reveals that solid electrolytes hold a substantial lead, accounting for the majority of the segment. Their popularity is grounded in their superior thermal stability and safety features compared to their liquid counterparts. Conversely, liquid electrolytes, while currently a smaller portion of the market, are demonstrating significant potential for growth, particularly in applications requiring rapid charge and discharge cycles. As technology advances, their share is expected to expand substantially.

    Electrolyte Type: Solid (Dominant) vs. Liquid (Emerging)

    Solid electrolytes are characterized by their high ionic conductivity and safety, making them the dominant choice in the Sodium Salt Battery Market. These materials enable stable performance under a wide range of temperatures, reducing risks associated with leakage and flammability. On the other hand, liquid electrolytes, although currently considered emerging, are gaining traction due to their ability to facilitate quick ion transport and enhance energy density. The demand for high-performance, lightweight batteries is driving innovations in liquid electrolyte formulations, positioning them as a vital component for future advancements in energy storage technology.

    By Application: Energy Storage Systems (ESS) (Largest) vs. Electric Vehicles (EVs) (Fastest-Growing)

    The Sodium Salt Battery Market showcases diverse applications, with Energy Storage Systems (ESS) commanding the most significant share. This segment benefits from the increasing demand for renewable energy solutions and grid stabilization. Meanwhile, Electric Vehicles (EVs) have emerged as the fastest-growing application, driven by the global transition towards electric mobility and supportive government policies aimed at reducing carbon emissions. As investments in EV infrastructure grow, this segment's relevance in the market escalates steadily. Beyond the largest and fastest-growing sectors, Uninterruptible Power Supplies (UPS) and Portable Electronics are also noteworthy segments within this market. The former is gaining traction due to the rising need for reliable power sources during outages, essential for both residential and commercial sectors. On the other hand, Portable Electronics enjoy a stable demand owing to the ubiquity of mobile devices, presenting a consistent growth trajectory as technology evolves and consumer preferences shift toward more sustainable power solutions.

    Energy Storage Systems (Dominant) vs. Electric Vehicles (Emerging)

    Energy Storage Systems (ESS) within the Sodium Salt Battery Market are characterized by their focus on storing excess energy for later use, particularly in residential and commercial applications. This segment is critical for utilities aiming to integrate renewable energy sources efficiently. ESS offers a reliable solution for energy management, playing a pivotal role in enhancing grid resilience and stability. In contrast, Electric Vehicles (EVs) represent an emerging segment fueled by significant advancements in battery technology. EVs are becoming more accessible to the average consumer, propelled by stricter emission regulations and growing environmental awareness. As manufacturers pivot towards sustainable energy, the adoption of sodium salt batteries in EVs is likely to gain momentum, spurring innovation and potentially transformative applications within the automotive sector.

    By Capacity: 1 GWh to 5 GWh (Largest) vs. Above 5 GWh (Fastest-Growing)

    In the Sodium Salt Battery Market, the capacity segment shows varied distribution among different capacity levels. The 1 GWh to 5 GWh range dominates the market, capturing significant interest due to its balance of scalability and efficiency. Meanwhile, the above 5 GWh capacity segment is emerging rapidly, appealing to large-scale energy storage applications, which catalyze substantial investments and innovations in this area.

    Capacity: 1 GWh to 5 GWh (Dominant) vs. Above 5 GWh (Emerging)

    The 1 GWh to 5 GWh capacity segment is currently viewed as the dominant player in the Sodium Salt Battery Market. This range is favored for its versatility, catering to a wide spectrum of applications, from grid-scale storage to renewable integration. In contrast, the above 5 GWh segment, while still emerging, is gaining traction as more industries and municipalities seek large-scale energy solutions. This shift is driven by the growing demand for sustainable energy sources and advancements in battery technology that enhance performance and reduce lifecycle costs, positioning this segment for substantial growth.

    By Voltage: Below 100 V (Largest) vs. Above 1 kV (Fastest-Growing)

    The Sodium Salt Battery Market has a diverse voltage segment distribution, where the Below 100 V category holds the largest share. This predominant segment appeals to applications requiring low-voltage solutions, which are commonly used in consumer electronics and small-scale energy storage systems. Meanwhile, the Above 1 kV segment is rapidly emerging, driven by the demand for large-scale energy storage applications, such as grid integration and renewable energy systems. This trend indicates a shift towards higher voltage solutions in response to the increasing need for efficiency and power in energy infrastructures. Growth trends in the voltage segment of the Sodium Salt Battery Market are influenced by technological advancements and a shift towards sustainable energy solutions. The Below 100 V segment continues to thrive, supported by consistent consumer demand and cost-effectiveness. Conversely, the Above 1 kV segment is witnessing significant growth, spurred by innovations in battery technology and heightened interest in renewable energy projects. As industries move towards higher efficiency standards, the focus on these higher voltage solutions is expected to intensify, highlighting a pivotal shift in market dynamics.

    Below 100 V (Dominant) vs. Above 1 kV (Emerging)

    The Below 100 V segment is established as the dominant force in the Sodium Salt Battery Market, catering chiefly to consumer electronics and small-scale applications. Its popularity is attributed to affordability and broad usability, making it a favorable choice for consumers. Applications in mobile devices and energy-efficient systems drive a consistent demand for this segment. In contrast, the Above 1 kV segment represents an emerging frontier, primarily aimed at large-scale storage needs like renewable integration and grid stability. This segment is characterized by advancements in battery technology that enhance performance and sustainability. As market stakeholders recognize the potential of high-voltage systems, investments are expected to shift towards developing and optimizing solutions in this space.

    By Cathode Material: Prussian Blue (Largest) vs. Sodium Layered Oxide (Fastest-Growing)

    In the Sodium Salt Battery Market, cathode materials have distinct shares that define their usage and potential. Prussian Blue (PB) has emerged as the largest cathode material due to its unique properties, such as high stability and environmental friendliness. It offers effective sodium ion conduction and is suitable for long-cycle life applications. Meanwhile, Sodium Layered Oxide (NLO) is gaining traction, particularly in emerging technologies, capturing market interest for its improved energy density and structural stability, making it a viable competitor to PB in the near future.

    Cathode Materials: Prussian Blue (Dominant) vs. Sodium Layered Oxide (Emerging)

    Prussian Blue (PB) is recognized for its excellent performance in sodium-ion batteries, leading to its dominance in the market. It boasts low cost, high conductivity, and a simple synthesis process, which makes it attractive for large-scale applications. Conversely, Sodium Layered Oxide (NLO) is an emerging cathode material characterized by its layered structure which allows for higher energy capacity and better rate performance compared to PB. As battery technologies evolve, NLO is poised to gain popularity owing to advancements that enhance its structural integrity and cycling stability, positioning it as a promising alternative to traditional cathodes.

    Get more detailed insights about Sodium Salt Battery Market

    Regional Insights

    North America : Innovation and Investment Hub

    North America is poised to dominate the sodium salt battery market, driven by significant investments in renewable energy and battery technology. The region is expected to hold approximately 45% of the global market share, with the U.S. leading the charge due to favorable regulations and a strong push for sustainable energy solutions. The demand for sodium salt batteries is further fueled by the growing need for energy storage solutions in both residential and commercial sectors. The competitive landscape in North America is robust, featuring key players such as Sodium Energy, NexGen Energy, and AquaBattery. These companies are at the forefront of innovation, focusing on enhancing battery efficiency and reducing costs. The presence of established firms alongside emerging startups creates a dynamic market environment, fostering collaboration and technological advancements that are essential for the growth of sodium salt batteries.

    Europe : Sustainable Energy Transition Leader

    Europe is rapidly emerging as a significant player in the sodium salt battery market, driven by stringent environmental regulations and a strong commitment to sustainability. The region is expected to capture around 30% of the global market share, with countries like Germany and France leading the way. The European Union's Green Deal and various national initiatives are catalyzing investments in battery technology, making it a key area for growth in the coming years. Leading countries in Europe include Germany, France, and the UK, where companies like Faradion and Tiamat Energy are making strides in sodium battery technology. The competitive landscape is characterized by a mix of established firms and innovative startups, all vying for a share of the growing market. The focus on research and development, coupled with supportive government policies, positions Europe as a hub for sodium salt battery advancements.

    Asia-Pacific : Emerging Market Potential

    Asia-Pacific is witnessing a surge in demand for sodium salt batteries, driven by increasing energy needs and a shift towards renewable energy sources. The region is projected to hold approximately 20% of the global market share, with China and India being the largest contributors. Government initiatives aimed at promoting clean energy and reducing carbon emissions are acting as catalysts for market growth, making this region a focal point for sodium battery adoption. China is leading the charge in battery production, with numerous companies investing in sodium salt technology. The competitive landscape is evolving, with both local and international players striving to capture market share. The presence of key players like Sion Power and Nextera Energy highlights the region's potential for innovation and growth in the sodium salt battery sector, as demand for energy storage solutions continues to rise.

    Middle East and Africa : Resource-Rich Opportunities

    The Middle East and Africa region is gradually emerging in the sodium salt battery market, driven by increasing investments in renewable energy and energy storage solutions. The region is expected to hold around 5% of the global market share, with countries like South Africa and the UAE showing promising growth. Government initiatives aimed at diversifying energy sources and enhancing energy security are key drivers for market expansion in this region. In the competitive landscape, local players are beginning to explore sodium salt battery technology, although the market is still in its nascent stages. The presence of international companies may spur growth and innovation, as they collaborate with local firms to develop tailored solutions for the region's unique energy challenges. As the demand for sustainable energy solutions rises, the Middle East and Africa are poised for gradual but significant advancements in sodium salt battery technology.

    Key Players and Competitive Insights

    The Sodium Salt Battery Market is currently characterized by a dynamic competitive landscape, driven by the increasing demand for sustainable energy storage solutions. Key players are actively engaging in innovation and strategic partnerships to enhance their market positioning. Companies such as Sodium Energy (US), NexGen Energy (US), and Faradion (GB) are at the forefront, focusing on technological advancements and regional expansion. Their collective strategies not only foster competition but also contribute to the overall growth of the market, as they seek to capitalize on the rising interest in alternative battery technologies.

    In terms of business tactics, companies are increasingly localizing manufacturing to reduce costs and enhance supply chain efficiency. The market appears moderately fragmented, with several players vying for market share. This fragmentation allows for a diverse range of products and innovations, although it also intensifies competition among key players. The influence of major companies is significant, as they set benchmarks for quality and performance, thereby shaping consumer expectations and industry standards.

    In August 2025, Sodium Energy (US) announced a strategic partnership with a leading renewable energy firm to develop integrated energy storage solutions. This collaboration is poised to enhance Sodium Energy's product offerings and expand its market reach, aligning with the growing trend towards renewable energy integration. The partnership underscores the importance of collaboration in driving innovation and meeting the evolving needs of the energy sector.

    In September 2025, Faradion (GB) unveiled a new manufacturing facility aimed at increasing production capacity for its sodium-ion batteries. This move is strategically significant as it positions Faradion to meet the surging demand for energy storage solutions, particularly in the electric vehicle market. The facility is expected to enhance operational efficiency and reduce lead times, thereby strengthening Faradion's competitive edge in a rapidly evolving market.

    In July 2025, NexGen Energy (US) secured a substantial investment to accelerate the development of its next-generation sodium salt battery technology. This funding is likely to facilitate research and development efforts, enabling NexGen to innovate and refine its product offerings. The investment reflects a broader trend in the industry, where financial backing is increasingly directed towards companies that demonstrate potential for technological breakthroughs.

    As of October 2025, the Sodium Salt Battery Market is witnessing trends that emphasize digitalization, sustainability, and the integration of artificial intelligence in battery management systems. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in enhancing technological capabilities and market reach. Looking ahead, competitive differentiation is expected to evolve, with a shift from price-based competition to a focus on innovation, advanced technology, and supply chain reliability. This transition may redefine the competitive landscape, as companies strive to offer superior products and services that meet the demands of a more environmentally conscious consumer base.

    Key Companies in the Sodium Salt Battery Market market include

    Industry Developments

    The sodium salt battery market is projected to reach USD 5.8 billion by 2032, exhibiting a CAGR of 22.84% during the forecast period (2025-2034). Rising demand for energy storage systems in various applications, such as electric vehicles, grid storage, and backup power, is driving market growth. Additionally, government initiatives to promote the adoption of renewable energy sources and reduce carbon emissions are contributing to the market's expansion. Key industry participants are focusing on developing high-performance sodium salt batteries with improved energy density, cycle life, and safety features.

    Recent developments include the launch of advanced sodium-ion batteries by companies like Natron Energy and HiNa Battery Technology. These advancements are expected to further drive market growth in the coming years.

    Future Outlook

    Sodium Salt Battery Market Future Outlook

    The Sodium Salt Battery Market is poised for growth at 22.84% CAGR from 2024 to 2035, driven by advancements in energy storage technology and increasing demand for sustainable solutions.

    New opportunities lie in:

    • Development of sodium salt battery recycling programs
    • Integration of sodium salt batteries in renewable energy systems
    • Partnerships with electric vehicle manufacturers for battery supply

    By 2035, the Sodium Salt Battery Market is expected to achieve substantial growth and innovation.

    Market Segmentation

    Sodium Salt Battery Market Voltage Outlook

    • Below 100 V
    • 100 V to 500 V
    • 500 V to 1 kV
    • Above 1 kV

    Sodium Salt Battery Market Capacity Outlook

    • Less than 500 MWh
    • 500 MWh to 1 GWh
    • 1 GWh to 5 GWh
    • Above 5 GWh

    Sodium Salt Battery Market Application Outlook

    • Energy Storage Systems (ESS)
    • Electric Vehicles (EVs)
    • Uninterruptible Power Supplies (UPS)
    • Portable Electronics
    • Other Applications

    Sodium Salt Battery Market Cathode Material Outlook

    • Prussian Blue (PB)
    • Sodium Layered Oxide (NLO)
    • Sodium Polyanionic Compounds (SPACs)
    • Other Cathode Materials

    Sodium Salt Battery Market Electrolyte Type Outlook

    • Solid Electrolyte
    • Liquid Electrolyte

    Report Scope

    MARKET SIZE 20241.372(USD Billion)
    MARKET SIZE 20251.685(USD Billion)
    MARKET SIZE 203513.19(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)22.84% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesGrowing demand for sustainable energy storage solutions drives innovation in the Sodium Salt Battery Market.
    Key Market DynamicsRising demand for sustainable energy storage solutions drives innovation in sodium salt battery technology and applications.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

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    FAQs

    What is the projected market valuation of the Sodium Salt Battery Market by 2035?

    The Sodium Salt Battery Market is projected to reach a valuation of 13.19 USD Billion by 2035.

    What was the market valuation of the Sodium Salt Battery Market in 2024?

    In 2024, the Sodium Salt Battery Market was valued at 1.372 USD Billion.

    What is the expected CAGR for the Sodium Salt Battery Market during the forecast period 2025 - 2035?

    The expected CAGR for the Sodium Salt Battery Market during the forecast period 2025 - 2035 is 22.84%.

    Which companies are considered key players in the Sodium Salt Battery Market?

    Key players in the Sodium Salt Battery Market include Sodium Energy, NexGen Energy, AquaBattery, Faradion, Sion Power, Tiamat Energy, Nextera Energy, and Cadenza Innovation.

    What are the primary applications of Sodium Salt Batteries?

    The primary applications of Sodium Salt Batteries include Energy Storage Systems (ESS), Electric Vehicles (EVs), Uninterruptible Power Supplies (UPS), and Portable Electronics.

    How does the market for Sodium Salt Batteries compare across different electrolyte types?

    The market for Sodium Salt Batteries is divided between Solid Electrolyte and Liquid Electrolyte, each projected to reach 6.595 USD Billion by 2035.

    What is the expected market size for Sodium Salt Batteries in Electric Vehicles by 2035?

    The market size for Sodium Salt Batteries in Electric Vehicles (EVs) is expected to reach 4.5 USD Billion by 2035.

    What are the projected revenues for Sodium Salt Batteries based on capacity segments?

    Projected revenues for Sodium Salt Batteries based on capacity segments indicate that the 500 MWh to 1 GWh category may reach 1.319 USD Billion by 2035.

    What is the anticipated market performance for Sodium Salt Batteries in terms of voltage segments?

    The anticipated market performance for Sodium Salt Batteries in the 100 V to 500 V segment is expected to reach 6.5 USD Billion by 2035.

    Which cathode materials are expected to dominate the Sodium Salt Battery Market?

    Cathode materials such as Prussian Blue (PB) and Sodium Layered Oxide (NLO) are expected to dominate the Sodium Salt Battery Market, each projected to reach 3.919 USD Billion by 2035.

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