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Published Date: 2025-04-24 | Pages: 66 | Tables: 63 | Energy & Power
The global market for Molten Salt Battery was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
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.
In China, Molten Salt Battery key players include NGK, Ambri, Sumitomo, MIT, Sesse-power, etc.
In terms of application, the largest application is Grid Energy Storage, followed by Electric Cars.
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 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.
Market Segmentation
By Company
NGK
Ambri
Sumitomo
MIT
Sesse-power
Segment by Type
Sodium–Sulfur Battery
Liquid-Metal Batteries
Sodium-Nickel Chloride Batteries
Thermal (Non-Rechargeable) Batteries
Segment by Application
Grid Energy Storage
Electric Cars
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by 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 company 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 main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Research Methodology
The research methodology employed has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of our company. Our methodology can be divided into five stages:
★Stage 1 SECONDARY RESEARCH
The research team first collaborates with magazines, trade associations and administrative departments in the research field. The information provided by our internal documentation service is helpful for our further research. Our team has a wealth of experience and knowledge, and can effectively extract accurate information from existing resources.
★Stage 2 PRIMARY RESEARCH:INTERVIEWS WITH TRADE SOURCES
After the first stage, the research team conducts a large number of face-to-face or telephone interviews with representative companies working in the research field. Analysts are trying to have an opportunity to talk to leading companies and small companies in the field. Upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers were included in the interview. The data collected during the interview were then carefully examined and compared with the secondary study.
★Stage 3 ANALYSIS OF THE GATHERED DATA
The analysis team examines and synthesizes the data collected in the first two stages. In order to validate the data, a second round of interviews can be conducted.
★Stage 4 QUANTITATIVE DATA
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by our company. The data is based on the estimates obtained during stage 3.
★Stage 5 QUALITY CONTROL
Before publishing, each report undergoes a rigorous review and editing process, which is done by the experience management team to ensure the reliability of the published data. Every analyst on the research team receives support and continuous training as part of our internal quality process.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Molten Salt Battery Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
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: 2020 VS 2024 VS 2031
1.3.2 Grid Energy Storage
1.3.3 Electric Cars
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Molten Salt Battery Market Perspective (2020-2031)
2.2 Global Molten Salt Battery Growth Trends by Region
2.2.1 Global Molten Salt Battery Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Molten Salt Battery Historic Market Size by Region (2020-2025)
2.2.3 Molten Salt Battery Forecasted Market Size by Region (2026-2031)
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 Competition Landscape by Key Players
3.1 Global Top Molten Salt Battery Players by Revenue
3.1.1 Global Top Molten Salt Battery Players by Revenue (2020-2025)
3.1.2 Global Molten Salt Battery Revenue Market Share by Players (2020-2025)
3.2 Global Molten Salt Battery Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players 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 2024
3.5 Global Key Players of Molten Salt Battery Head office and Area Served
3.6 Global Key Players of Molten Salt Battery, Product and Application
3.7 Global Key Players of Molten Salt Battery, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Molten Salt Battery Breakdown Data by Type
4.1 Global Molten Salt Battery Historic Market Size by Type (2020-2025)
4.2 Global Molten Salt Battery Forecasted Market Size by Type (2026-2031)
5 Molten Salt Battery Breakdown Data by Application
5.1 Global Molten Salt Battery Historic Market Size by Application (2020-2025)
5.2 Global Molten Salt Battery Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Molten Salt Battery Market Size (2020-2031)
6.2 North America Molten Salt Battery Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Molten Salt Battery Market Size by Country (2020-2025)
6.4 North America Molten Salt Battery Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Molten Salt Battery Market Size (2020-2031)
7.2 Europe Molten Salt Battery Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Molten Salt Battery Market Size by Country (2020-2025)
7.4 Europe Molten Salt Battery Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Molten Salt Battery Market Size (2020-2031)
8.2 Asia-Pacific Molten Salt Battery Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Molten Salt Battery Market Size by Region (2020-2025)
8.4 Asia-Pacific Molten Salt Battery Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Molten Salt Battery Market Size (2020-2031)
9.2 Latin America Molten Salt Battery Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Molten Salt Battery Market Size by Country (2020-2025)
9.4 Latin America Molten Salt Battery Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Molten Salt Battery Market Size (2020-2031)
10.2 Middle East & Africa Molten Salt Battery Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Molten Salt Battery Market Size by Country (2020-2025)
10.4 Middle East & Africa Molten Salt Battery Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 NGK
11.1.1 NGK Company Details
11.1.2 NGK Business Overview
11.1.3 NGK Molten Salt Battery Introduction
11.1.4 NGK Revenue in Molten Salt Battery Business (2020-2025)
11.1.5 NGK Recent Development
11.2 Ambri
11.2.1 Ambri Company Details
11.2.2 Ambri Business Overview
11.2.3 Ambri Molten Salt Battery Introduction
11.2.4 Ambri Revenue in Molten Salt Battery Business (2020-2025)
11.2.5 Ambri Recent Development
11.3 Sumitomo
11.3.1 Sumitomo Company Details
11.3.2 Sumitomo Business Overview
11.3.3 Sumitomo Molten Salt Battery Introduction
11.3.4 Sumitomo Revenue in Molten Salt Battery Business (2020-2025)
11.3.5 Sumitomo Recent Development
11.4 MIT
11.4.1 MIT Company Details
11.4.2 MIT Business Overview
11.4.3 MIT Molten Salt Battery Introduction
11.4.4 MIT Revenue in Molten Salt Battery Business (2020-2025)
11.4.5 MIT Recent Development
11.5 Sesse-power
11.5.1 Sesse-power Company Details
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 (2020-2025)
11.5.5 Sesse-power Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
List of Tables
Table 1. Global Molten Salt Battery Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
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): 2020 VS 2024 VS 2031
Table 7. Global Molten Salt Battery Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
Table 8. Global Molten Salt Battery Market Size by Region (2020-2025) & (US$ Million)
Table 9. Global Molten Salt Battery Market Share by Region (2020-2025)
Table 10. Global Molten Salt Battery Forecasted Market Size by Region (2026-2031) & (US$ Million)
Table 11. Global Molten Salt Battery Market Share by Region (2026-2031)
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 (2020-2025) & (US$ Million)
Table 17. Global Molten Salt Battery Market Share by Players (2020-2025)
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 2024)
Table 19. Ranking of Global Top Molten Salt Battery Companies by Revenue (US$ Million) in 2024
Table 20. Global 5 Largest Players Market Share by Molten Salt Battery Revenue (CR5 and HHI) & (2020-2025)
Table 21. Global Key Players of Molten Salt Battery, Headquarters and Area Served
Table 22. Global Key Players of Molten Salt Battery, Product and Application
Table 23. Global Key Players of Molten Salt Battery, Date of Enter into This Industry
Table 24. Mergers & Acquisitions, Expansion Plans
Table 25. Global Molten Salt Battery Market Size by Type (2020-2025) & (US$ Million)
Table 26. Global Molten Salt Battery Revenue Market Share by Type (2020-2025)
Table 27. Global Molten Salt Battery Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 28. Global Molten Salt Battery Revenue Market Share by Type (2026-2031)
Table 29. Global Molten Salt Battery Market Size by Application (2020-2025) & (US$ Million)
Table 30. Global Molten Salt Battery Revenue Market Share by Application (2020-2025)
Table 31. Global Molten Salt Battery Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 32. Global Molten Salt Battery Revenue Market Share by Application (2026-2031)
Table 33. North America Molten Salt Battery Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 34. North America Molten Salt Battery Market Size by Country (2020-2025) & (US$ Million)
Table 35. North America Molten Salt Battery Market Size by Country (2026-2031) & (US$ Million)
Table 36. Europe Molten Salt Battery Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 37. Europe Molten Salt Battery Market Size by Country (2020-2025) & (US$ Million)
Table 38. Europe Molten Salt Battery Market Size by Country (2026-2031) & (US$ Million)
Table 39. Asia-Pacific Molten Salt Battery Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
Table 40. Asia-Pacific Molten Salt Battery Market Size by Region (2020-2025) & (US$ Million)
Table 41. Asia-Pacific Molten Salt Battery Market Size by Region (2026-2031) & (US$ Million)
Table 42. Latin America Molten Salt Battery Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 43. Latin America Molten Salt Battery Market Size by Country (2020-2025) & (US$ Million)
Table 44. Latin America Molten Salt Battery Market Size by Country (2026-2031) & (US$ Million)
Table 45. Middle East & Africa Molten Salt Battery Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 46. Middle East & Africa Molten Salt Battery Market Size by Country (2020-2025) & (US$ Million)
Table 47. Middle East & Africa Molten Salt Battery Market Size by Country (2026-2031) & (US$ Million)
Table 48. NGK Company Details
Table 49. NGK Business Overview
Table 50. NGK Molten Salt Battery Product
Table 51. NGK Revenue in Molten Salt Battery Business (2020-2025) & (US$ Million)
Table 52. NGK Recent Development
Table 53. Ambri Company Details
Table 54. Ambri Business Overview
Table 55. Ambri Molten Salt Battery Product
Table 56. Ambri Revenue in Molten Salt Battery Business (2020-2025) & (US$ Million)
Table 57. Ambri Recent Development
Table 58. Sumitomo Company Details
Table 59. Sumitomo Business Overview
Table 60. Sumitomo Molten Salt Battery Product
Table 61. Sumitomo Revenue in Molten Salt Battery Business (2020-2025) & (US$ Million)
Table 62. Sumitomo Recent Development
Table 63. MIT Company Details
Table 64. MIT Business Overview
Table 65. MIT Molten Salt Battery Product
Table 66. MIT Revenue in Molten Salt Battery Business (2020-2025) & (US$ Million)
Table 67. MIT Recent Development
Table 68. Sesse-power Company Details
Table 69. Sesse-power Business Overview
Table 70. Sesse-power Molten Salt Battery Product
Table 71. Sesse-power Revenue in Molten Salt Battery Business (2020-2025) & (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
Table 76. Authors List of This Report
List of Figures
Figure 1. Molten Salt Battery Picture
Figure 2. Global Molten Salt Battery Market Size Comparison by Type (2020-2031) & (US$ Million)
Figure 3. Global Molten Salt Battery Market Share by Type: 2024 VS 2031
Figure 4. Sodium–Sulfur Battery Features
Figure 5. Liquid-Metal Batteries Features
Figure 6. Sodium-Nickel Chloride Batteries Features
Figure 7. Thermal (Non-Rechargeable) Batteries Features
Figure 8. Global Molten Salt Battery Market Size by Application (2020-2031) & (US$ Million)
Figure 9. Global Molten Salt Battery Market Share by Application: 2024 VS 2031
Figure 10. Grid Energy Storage Case Studies
Figure 11. Electric Cars Case Studies
Figure 12. Molten Salt Battery Report Years Considered
Figure 13. Global Molten Salt Battery Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 14. Global Molten Salt Battery Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 15. Global Molten Salt Battery Market Share by Region: 2024 VS 2031
Figure 16. Global Molten Salt Battery Market Share by Players in 2024
Figure 17. 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 2024)
Figure 18. The Top 10 and 5 Players Market Share by Molten Salt Battery Revenue in 2024
Figure 19. North America Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 20. North America Molten Salt Battery Market Share by Country (2020-2031)
Figure 21. United States Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 22. Canada Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 23. Europe Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 24. Europe Molten Salt Battery Market Share by Country (2020-2031)
Figure 25. Germany Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 26. France Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 27. U.K. Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 28. Italy Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 29. Russia Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 30. Nordic Countries Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 31. Asia-Pacific Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 32. Asia-Pacific Molten Salt Battery Market Share by Region (2020-2031)
Figure 33. China Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 34. Japan Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 35. South Korea Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 36. Southeast Asia Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 37. India Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 38. Australia Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 39. Latin America Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 40. Latin America Molten Salt Battery Market Share by Country (2020-2031)
Figure 41. Mexico Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 42. Brazil Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 43. Middle East & Africa Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 44. Middle East & Africa Molten Salt Battery Market Share by Country (2020-2031)
Figure 45. Turkey Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 46. Saudi Arabia Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 47. UAE Molten Salt Battery Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 48. NGK Revenue Growth Rate in Molten Salt Battery Business (2020-2025)
Figure 49. Ambri Revenue Growth Rate in Molten Salt Battery Business (2020-2025)
Figure 50. Sumitomo Revenue Growth Rate in Molten Salt Battery Business (2020-2025)
Figure 51. MIT Revenue Growth Rate in Molten Salt Battery Business (2020-2025)
Figure 52. Sesse-power Revenue Growth Rate in Molten Salt Battery Business (2020-2025)
Figure 53. Bottom-up and Top-down Approaches for This Report
Figure 54. Data Triangulation
Figure 55. Key Executives Interviewed
