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Battery, EV, Emerging Industry

<2026> SIBs Technology Development Trends and Market Forecast (~2035)

 

 

 

 

While lithium-ion batteries (LIBs) have driven the era of electric vehicles and mobile devices, the market is now shifting its attention to alternative technologies that can meet cost, safety, and supply-chain risks simultaneously. In this context, sodium-ion batteries (SIBs) are rapidly emerging as a strong next-generation option.

 

Sodium-ion batteries leverage abundant sodium resources instead of lithium, offering advantages in raw material procurement, while also providing competitive strengths in safety and low-temperature performance. In addition, sodium-ion and lithium-ion batteries share similar manufacturing processes, enabling the use of idle facilities and existing supply chains, which could accelerate commercialization. Furthermore, once mass production scales up, strengthened cost competitiveness could expand market penetration.

 

The ESS (energy storage system) sector is the most likely initial deployment market for sodium-ion batteries. Compared with electric vehicles, ESS requires relatively lower energy density, while price competitiveness, safety, and cycle life are the key attributes—areas where sodium-ion batteries demonstrate strong alignment. Their application is also expected to expand into the e-bike and xEV segments thereafter.

 

Although sodium-ion battery performance is determined by all four major components—cathode, anode, separator, and electrolyte—the core of current development competition lies in the cathode. The cathode presents a clear trade-off between capacity (energy density) and stability (cycle life and safety), making the balance between these factors the key challenge for commercialization. The process conversion and material improvements of existing lithium-ion cathode manufacturers could accelerate the development of sodium-ion battery cathodes.

 

The current supply chain and manufacturing capacity for sodium-ion batteries are centered in China, which limits the possibility of reducing dependence on China in the short term. However, policy trends such as the U.S. IRA and Europe’s regulatory stance toward Chinese materials and products could present an opportunity to lead supply chain restructuring. With the ESS market expanding, the present moment is a critical timing to accelerate sodium-ion battery supply and to establish an early position in the ecosystem.

 

This report aims to analyze technology trends and market prospects for sodium-ion batteries, covering material and technology developments, market scenarios through 2035, and key players and supply chains. It examines the latest research status of core materials, identifies improvement areas for each material, and assesses which sectors sodium-ion batteries can penetrate in the secondary battery market—expected to continue growing through 2035—and to what extent they may achieve market penetration. In addition, the report outlines the current status of material and battery manufacturers to evaluate trends among sodium-ion battery companies.

 

 

 

 

 

<Contents>

 

 

1. Introduction

 

 

 

1.1 History of Battery Development

 

1.1.1 Introduction of Secondary Batteries

 

1.1.2 Lead-Acid Battery

 

1.1.3 Nickel–Metal Hydride Battery (Ni-MH Battery)

 

1.1.4 Nickel–Cadmium Battery

 

1.1.5 Lithium-Ion Battery (Li-ion Battery)

 

1.2 Improvements in Lithium-Ion Batteries

 

 

 

 

 

2. Sodium-Ion Batteries (SIBs)

 

 

 

2.1 Overview of Sodium-Ion Batteries

 

2.1.1 Operating Principles of SIBs

 

2.1.2 Performance Comparison: LIBs vs. SIBs

 

2.2 Advantages of SIBs

 

2.3 Areas for Improvement in SIBs

 

2.3.1 Electrochemical Improvements

 

2.3.2 Market-Related Improvements

 

2.4 Manufacturing Process of SIBs

 

 

 

 

 

3. Cathode Materials for Sodium-Ion Batteries

 

 

 

3.1 Overview of Cathode Materials

 

3.1.1 Introduction to Cathode Materials

 

3.1.2 Comparison of Cathode Material Structures and Electrochemical Properties

 

3.2 Types of Cathode Materials

 

3.2.1 Layered Oxides

 

3.2.2 Polyanion Compounds

 

3.2.3 Prussian Blue Analogues (PBAs)

 

3.2.4 Prussian White (PW)

 

3.3 Cathode Material Synthesis Methods

 

3.3.1 Layered Oxides

 

  Solid-State Method

 

  Coprecipitation Method

 

3.3.2 Polyanion Compounds

 

  Sol-Gel Method

 

  Solid-State Method

 

  Hydrothermal Synthesis

 

  Organic Acid Dissolution

 

  Mechanochemical Synthesis

 

  Spray-Drying

 

3.3.3 Prussian Blue Analogues (PBAs)

 

  Co-Precipitation

 

  Electrodeposition Method

 

  Hydrothermal Synthesis

 

3.4 Key Patents by Cathode Material

 

3.5 Latest Trends in Cathode Materials

 

3.5.1 Latest Trends by Cathode Material Type

 

3.5.2 Layered Oxides

 

3.5.3 Polyanion Compounds

 

3.5.4 Prussian Blue Analogues (PBAs)

 

3.5.5 All-Solid-State Sodium-Ion Batteries

 

 

 

 

 

4. Anode Materials for Sodium-Ion Batteries

 

 

 

4.1 Overview of Anode Materials

 

4.2 Types of Anode Materials

 

4.2.1 Intercalation Type

 

4.2.2 Organic Compounds

 

4.2.3 Conversion Reaction Type

 

4.2.4 Alloying Type

 

4.2.5 Conversion–Alloying Type

 

4.3 Anode Material Synthesis Methods

 

4.3.1 Intercalation Type

 

  Hard Carbon

 

  Soft Carbon – Hina Battery

 

  Soft Carbon – Sinopec

 

  Ti-Based Oxides – Sol-Gel

 

  Ti-Based Oxides – Solvothermal

 

  Ti-Based Oxides – Solid-State

 

4.3.2 Conversion Reaction Type

 

  Phosphides – Mechanical Milling

 

  Fe₂O₃ – Precipitation

 

  MoS₂ – Hydrothermal

 

  Sulfides – Hydrothermal

 

  Metal Selenides – Hydrothermal

 

  Metal Selenides – Gas-Phase Selenization

 

4.3.3 Alloying Type

 

  Replacement

 

4.3.4 Conversion–Alloying Type

 

  Selenides – Solvothermal

 

  Selenides – Carbon-Coated SnSe

 

  Sn₄P₃ – Solvothermal

 

  Sulfides – Solvothermal

 

  Sulfides – Solid-State

 

4.4 Key Patents by Anode Material

 

4.5 Latest Trends in Anode Materials

 

4.5.1 Intercalation Type

 

4.5.2 Organic Compounds

 

4.5.3 Conversion Reaction

 

4.5.4 Alloying Materials

 

4.5.5 Conversion–Alloying Materials

 

 

 

 

 

5. Electrolytes for Sodium-Ion Batteries

 

 

 

5.1 Overview of Electrolytes

 

5.1.1 Role of Electrolytes

 

5.1.2 Key Evaluation Criteria for Electrolytes

 

5.1.3 Electrolyte Solvents

 

5.2 Types of Electrolytes

 

5.2.1 Organic Electrolytes

 

5.2.2 Ionic Liquid Electrolytes

 

5.2.3 Aqueous Electrolytes

 

5.2.4 Inorganic Solid Electrolytes

 

5.2.5 Gel Polymer Electrolytes

 

5.2.6 Hybrid Electrolytes

 

5.3 Electrolyte Synthesis Methods

 

5.3.1 Liquid Electrolyte Synthesis

 

5.3.2 Solid Electrolyte Synthesis

 

5.4 Key Patents by Electrolyte Material

 

5.5 Latest Trends in Electrolytes

 

5.5.1 Organic Electrolytes

 

5.5.2 Gel Polymer Electrolytes

 

5.5.3 Inorganic Solid Electrolytes

 

5.5.4 Ionic Liquid Electrolytes

 

 

 

 

 

6. Separators for SIBs

 

 

 

6.1 Overview of Separators

 

6.2 Types of Separators

 

6.2.1 Polyolefin Composite Separators

 

6.2.2 Nonwoven Separators

 

6.3 Separator Synthesis Methods

 

6.3.1 Polyolefin Composite Separators

 

6.3.2 Nonwoven Separators

 

6.3.3 Organic–Inorganic Composite Separators

 

6.4 Key Patents by Separator Material

 

6.5 Latest Trends in Separators

 

 

 

 

 

7. SNE Insight_ Technology

 

 

 

7.1 Issues by SIB material type

 

7.1.1 Cathode Material Improvements

 

  Layered Oxides

 

  PBAs

 

  Polyanion Compounds

 

7.1.2 Anode Material Improvements

 

  Intercalation Type

 

  Organic Materials

 

  Conversion & Alloying Type

 

7.1.3 Electrolyte Improvements

 

7.1.4 Separator Improvements

 

7.2 SIB Development Direction

 

7.2.1 Characteristics and Applications of SIBs

 

7.2.2 Development Direction of SIBs

 

 

 

 

 

8. Sodium-Ion Battery Price Outlook

 

 

 

8.1 SIB Price Analysis

 

8.1.1 SIB Price BOM

 

8.2 SIB Price Outlook Through 2035

 

8.3 Comparison of SIB and LFP Cell Prices by Scenario

 

 

 

 

 

9. Sodium-Ion Battery Market Status and Outlook

 

 

 

9.1 Secondary Battery Market Outlook

 

9.1.1 Global Mid- to Long-Term Secondary Battery Market Outlook

 

9.2 Industry Penetration Analysis of SIBs

 

9.3 SIB Demand Outlook by Scenario

 

9.3.1 SIB Demand Outlook Under an Optimistic Scenario

 

9.3.2 SIB Demand Outlook Under a Conservative Scenario

 

9.4 SIB Market Share Outlook

 

9.4.1 EV Demand Analysis

 

9.4.2 Optimistic Scenario

 

9.4.3 Pessimistic Scenario

 

9.4.4 E-Bike Market Outlook

 

9.4.5 E-Bike Penetration Analysis (Optimistic)

 

9.4.6 E-Bike Penetration Analysis (Pessimistic)

 

9.4.7 ESS Market Outlook

 

9.4.8 ESS Penetration Analysis (Optimistic)

 

9.4.9 ESS Penetration Analysis (Pessimistic)

 

 

 

 

 

10. SIB Supply Chain Status

 

 

 

10.1 Overview of the Supply Chain

 

10.2 Supply Chain – Battery Manufacturers

 

10.2.1 SIB Production Capacity

 

10.2.2 SIB Battery Supply Scenarios

 

10.3 Supply Chain – Cathode Materials

 

10.3.1 Characteristics and Key Players by SIB Cathode Type

 

10.3.2 Outlook for SIB Cathode Production Capacity

 

10.4 Supply Chain – Anode Materials

 

10.4.1 Characteristics and Key Players by SIB Anode Type

 

10.4.2 Outlook for SIB Anode Production Capacity

 

10.5 Supply Chain – Electrolytes

 

10.5.1 Characteristics and Key Players by SIB Electrolyte Type

 

10.5.2 Outlook for SIB Electrolyte Production Capacity

 

 

 

 

 

11. SIB Company Development Status

 

 

 

11.1 Battery Manufacturers

 

11.1.1 CATL

 

11.1.2 Hina Battery (Institute of Physics, CAS)

 

11.1.3 Huana New Energy (Shandong Huana New Energy)

 

11.1.4 ZOOLNASM

 

11.1.5 Lifun

 

11.1.6 Transimage (TIC)

 

11.1.7 VEKEN

 

11.1.8 DFD

 

11.1.9 Great Power

 

11.1.10 BYD

 

11.1.11 Weifang Energy

 

11.1.12 NTEL

 

11.1.13 Energy 11

 

11.1.14 Nippon Electric Glass

 

11.1.15 NGK INSULATORS

 

11.1.16 TIMAT

 

11.1.17 Peak Energy

 

11.1.18 Indi Energy

 

11.1.19 Reliance Industries Ltd.

 

 

 

11.2 Materials Manufacturers

 

11.2.1 Aekyung Chemical

 

11.2.2 Freeone

 

11.2.3 EcoPro BM

 

11.2.4 Enchem

 

11.2.5 BTR

 

11.2.6 SQ Group

 

11.2.7 Malion

 

11.2.8 Ronbay

 

11.2.9 ZEC

 

11.2.10 Kuraray

 

11.2.11 Altris

 

 

 

 

 

12. Conclusion and Implications

 

 

 

12.1 Conclusion

12.2 Implications