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Global Sodium-Sulfur Batteries Market Outlook

DESCRIPTION

TABLE OF CONTENTS

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DESCRIPTION

A sodium-sulfur battery is a type of molten salt cell that consists of liquid sodium and sulfur. It has high energy density, long lifecycle, high efficiency of charge, and inexpensive materials required for fabrication. They are excellent for stationary energy storage as sodium polysulfides are highly corrosive, and they operate at high temperatures of 300 to 300 °C. Sodium-sulfur batteries are made up of many cells. Each cell is tall and cylindrical in configuration. The entire cell is enclosed in a steel casing, protected by chromium and molybdenum from internal corrosion. This outside casing serves as the positive electrode, and the liquid sodium serves as the negative electrode. Beta-alumina solid electrolyte (BASE) membrane is a fundamental part of the cell which selectively conducts sodium cations. The global sodium-sulfur batteries are expected to grow at a CAGR of 15.1% during the forecast period.

Top Driver: Rising Infrastructure Investments and Increasing Urbanization
The rising infrastructure investments and increasing urbanization in the developing and developed countries have resulted in a surging demand for power and energy storage, thereby driving the growth of the sodium-sulfur battery market across the globe. Added advantages such as higher discharge duration of batteries enable to store large amounts of energy for long periods, thus making it suitable for large scale deployments. The global demand for higher power storage devices is increasing among various prominent sectors and manufacturing units. This is expected to stimulate the growth of the global sodium-sulfur battery market. Also, sodium-sulfur batteries are relatively cost-efficient as compared to conventional batteries, thereby extending their commercial application.

Ancillary Services Segment to Make Crucial Contribution to the Market Growth
The sodium-sulfur batteries can be segmented on the basis of application into Ancillary Services, Load Levelling, Renewable Energy Stabilization, Others. The ancillary services segment is expected to anticipate the market growth in the forecast period followed by Renewable energy stabilization owing to the huge use of sodium-sulfur batteries.

Rising demand for eco-friendly power storage to Benefit North America Market
The North American region accounted for the largest market share of sodium-sulfur batteries in terms of revenue. Furthermore, it is estimated to remain dominant during the forecast period. Europe is the second-largest region to hold the maximum market share of the overall market. The Asia Pacific and Japan are expected to expand at a lucrative growth and will contribute to the global sodium sulfur batteries market value showing a healthy CAGR in the next few years.

Players to Focus on sodium-sulfur Battery Market
The global market is expected to stay fragmented with the increase in the number of new entrants in the coming years. NGK Insulators Ltd, POSCO, Eagle Picher Technologies LLC, GE Energy, Ceramatec, Inc, FIAMM Group, KEMET Electronics Corporation, Sieyuan Electric Co. Ltd. among others could be at the forefront of the competition in the global market.
NGK INSULATORS, LTD: In 2019, NGK INSULATORS, LTD. based in Nagoya, Japan, announced that its Zinc rechargeable battery, which is currently under development, acquired the world’s first UL verification mark in the battery energy storage systems field as a result of testing based on c the UL 9540A standard by UL, an independent global safety science organization in the United States. UL 9540A is a Test Method for Evaluating Thermal Runaway Fire Propagation in Battery Energy Storage Systems. Zinc rechargeable battery’s high safety performance has been demonstrated through the objective and highly reproducible verification process undertaken by UL.
Posco: South-Korean steel producer Posco recently completed the construction of its first overseas plant in China that will produce cathodes for rechargeable batteries. The company targets to start the commercial production of the cathodes, one of the key materials for lithium-ion electric vehicle (EVs) batteries, by the end of this year.

Scope of the Report
By Application
• Ancillary Services
• Load Levelling
• Renewable Energy Stabilization
• Others
By Region
• North America
• Europe
• Asia Pacific
• Rest Of World

Key Reasons to Purchase this Report
1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders a definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.

TABLE OF CONTENTS

Chapter 1 Overview And Scope
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
1.2 Market Segmentation

Chapter 2 Our Research Practice
2.1 Our Research Methodology
2.2 Data Triangulation
2.3 Data Sources
2.4 Assumptions for the study
2.5 Approach Adopted

Chapter 3 Executive Summary
3.1 Market Snapshot
3.2 Regional Snapshot
3.3 Segment Summary

Chapter 4 Covid-19 Impact Analysis
4.1 Overview
4.2 Prevalence analysis
4.3 Key Factor Impact Analysis

Chapter 5 Global Sodium-Sulfur Battery Market Forces
5.1 What’s Driving the Market
5.2 Porter’s Five Forces Analysis
5.2.1 Power of Suppliers
5.2.2 Threats From New Entrants
5.2.3 Power of Buyer
5.2.4 Threat From Substitute Product
5.2.5 Degree of Competition

Chapter 6 Global Sodium-Sulfur Battery Market -Industry Snapshots
6.1 Overview
6.1.1 Global Sodium-Sulfur Battery Market Value, 2019 - 2028, (US$ Bn)
6.2 Market Overview
6.2.1 Drivers Analysis
6.2.2 Restraint/Challenges analysis
6.2.3 Opportunity Analysis
6.3 Supply Chain/Value Chain Analysis
6.4 Market SWOT Analysis

Chapter 7 Global Sodium-Sulfur Battery Market Analysis, by Application
7.1 Overview
7.2 Key Findings for Sodium-Sulfur Battery Market- By Application
7.2.1 Sodium-Sulfur Battery Market- Ancillary Services
7.2.2 Sodium-Sulfur Battery Market- Load Levelling
7.2.3 Sodium-Sulfur Battery Market- Renewable Energy Stabilization
7.2.4 Sodium-Sulfur Battery Market- Others

Chapter 8 Sodium-Sulfur Battery Market Analysis by Region
8.1 Key Findings for Sodium-Sulfur Battery Market- By region
8.2 Overview
8.2.1 Global Sodium-Sulfur Battery Market Analysis, By Application, 2019 - 2028
8.3 Sodium-Sulfur Battery Market – North America
8.3.1 Overview
8.3.2 U.S.
8.3.3 Canada
8.3.4 Mexico
8.3.5 North America Market, By Application
8.4 Sodium-Sulfur Battery Market – Europe
8.4.1 Overview
8.4.2 Germany
8.4.3 United Kingdom
8.4.4 France
8.4.5 Italy
8.4.6 Rest Of Europe
8.4.7 Europe Market, By Application
8.5 Sodium-Sulfur Battery Market – Asia Pacific
8.5.1 Overview
8.5.2 China
8.5.3 Japan
8.5.4 India
8.5.5 Rest of APAC
8.5.6 Asia Pacific Market, By Application
8.6 Sodium-Sulfur Battery Market – Rest Of World
8.6.1 Overview
8.6.2 Middle East & Africa (MEA)
8.6.3 South America
8.6.4 Rest Of World
8.6.5 South America, Middle East and Africa Market, By Application

Chapter 9 Market Competition Analysis
9.1 Market Share/Positioning Analysis
9.1.1 Market Positioning of Key Vendors, 2019
9.1.2 Key Strategies Adopted by the Leading Players
9.1.3 Recent Developments

Chapter 10 Company Profiles- Snapshot
10.1 NGK Insulators Ltd
10.1.1 Business Fundamentals
10.1.2 Financial Snapshots
10.1.3 Product Portfolio
10.1.4 Recent Developments
10.2 POSCO
10.3 Eagle Picher Technologies LLC
10.4 GE Energy
10.5 Ceramatec, Inc
10.6 FIAMM Group
10.7 KEMET Electronics Corporation
10.8 Sieyuan Electric Co. Ltd.
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies

Chapter 11 Appendix

List Of Tables

TABLE 1 Sodium-Sulfur Battery market by Application 1, 2019 - 2028 (USD Million)
TABLE 2 Sodium-Sulfur Battery market by Application 2, 2019 - 2028 (USD Million)
TABLE 3 Sodium-Sulfur Battery market by Application 3, 2019 - 2028 (USD Million)
TABLE 4 Sodium-Sulfur Battery market by Application 4, 2019 - 2028 (USD Million)
TABLE 5 Global Sodium-Sulfur Battery Market Value, By Application, 2019 - 2028 (US$ Bn)
TABLE 6 Sodium-Sulfur Battery Market Analysis by North America (USD Million), 2019 - 2028
TABLE 7 U.S. Sodium-Sulfur Battery Market, 2019 - 2028 (USD Million)
TABLE 8 U.S. Sodium-Sulfur Battery Market, By Application, 2019 - 2028 (USD Million)
TABLE 9 Canada Sodium-Sulfur Battery Market, 2019 - 2028 (USD Million)
TABLE 10 Canada Sodium-Sulfur Battery Market, By Application, 2019 - 2028 (USD Million)
TABLE 11 Mexico Sodium-Sulfur Battery Market, 2019 - 2028 (USD Million)
TABLE 12 Mexico Sodium-Sulfur Battery Market, By Application, 2019 - 2028 (USD Million)
TABLE 13 Sodium-Sulfur Battery Market Analysis by Europe (USD Million), 2019 - 2028
TABLE 14 Germany Sodium-Sulfur Battery Market, 2019 - 2028 (USD Million)
TABLE 15 Germany Sodium-Sulfur Battery Market, By Application, 2019 - 2028 (USD Million)
TABLE 16 United Kingdom Sodium-Sulfur Battery Market, 2019 - 2028 (USD Million)
TABLE 17 United Kingdom Sodium-Sulfur Battery Market, By Application, 2019 - 2028 (USD Million)
TABLE 18 France Sodium-Sulfur Battery Market, 2019 - 2028 (USD Million)
TABLE 19 France Sodium-Sulfur Battery Market, By Application, 2019 - 2028 (USD Million)
TABLE 20 Italy Sodium-Sulfur Battery Market, 2019 - 2028 (USD Million)
TABLE 21 Italy Sodium-Sulfur Battery Market, By Application, 2019 - 2028 (USD Million)
TABLE 22 Rest Of Europe Sodium-Sulfur Battery Market, 2019 - 2028 (USD Million)
TABLE 23 Rest Of Europe Sodium-Sulfur Battery Market, By Application, 2019 - 2028 (USD Million)
TABLE 24 Sodium-Sulfur Battery Market Analysis by Asia Pacific (USD Million), 2019 - 2028
TABLE 25 China Sodium-Sulfur Battery Market, 2019 - 2028 (USD Million)
TABLE 26 China Sodium-Sulfur Battery Market, By Application, 2019 - 2028 (USD Million)
TABLE 27 Japan Sodium-Sulfur Battery Market, 2019 - 2028 (USD Million)
TABLE 28 Japan Sodium-Sulfur Battery Market, By Application, 2019 - 2028 (USD Million)
TABLE 29 India Sodium-Sulfur Battery Market, 2019 - 2028 (USD Million)
TABLE 30 India Sodium-Sulfur Battery Market, By Application, 2019 - 2028 (USD Million)
TABLE 31 Rest of APAC Sodium-Sulfur Battery Market, 2019 - 2028 (USD Million)
TABLE 32 Rest of APAC Sodium-Sulfur Battery Market, By Application, 2019 - 2028 (USD Million)
TABLE 33 Sodium-Sulfur Battery Market Analysis by Rest Of World (USD Million), 2019 - 2028
TABLE 34 Middle East & Africa (MEA) Sodium-Sulfur Battery Market, 2019 - 2028 (USD Million)
TABLE 35 Middle East & Africa (MEA) Sodium-Sulfur Battery Market, By Application, 2019 - 2028 (USD Million)
TABLE 36 South America Sodium-Sulfur Battery Market, 2019 - 2028 (USD Million)
TABLE 37 South America Sodium-Sulfur Battery Market, By Application, 2019 - 2028 (USD Million)
TABLE 38 Rest Of World Sodium-Sulfur Battery Market, 2019 - 2028 (USD Million)
TABLE 39 Rest Of World Sodium-Sulfur Battery Market, By Application, 2019 - 2028 (USD Million)

List Of Figures

FIG. 1 Global Sodium-Sulfur Battery: Market Segmentation
FIG. 2 Global Sodium-Sulfur Battery Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Market Snapshot
FIG. 5 Porter’s Five Forces Analysis
FIG. 6 Global Sodium-Sulfur Battery Market Value, 2019 - 2028, (US$ Bn)
FIG. 7 Supply Chain/Value Chain Analysis
FIG. 8 Global Sodium-Sulfur Battery Market Value Contribution, By Application, 2019 & 2026 (%)
FIG. 9 Global Sodium-Sulfur Battery Market Value, 2019 - 2028, (US$ Bn)
FIG. 10 North America Sodium-Sulfur Battery Market Value, 2019 - 2028, (US$ Bn)
FIG. 11 Sodium-Sulfur Battery Market Segment 1 – North America
FIG. 12 Sodium-Sulfur Battery U.S. outlook, 2019 & 2026
FIG. 13 Sodium-Sulfur Battery Canada outlook, 2019 & 2026
FIG. 14 Sodium-Sulfur Battery Mexico outlook, 2019 & 2026
FIG. 15 Europe Sodium-Sulfur Battery Market Value, 2019 - 2028, (US$ Bn)
FIG. 16 Sodium-Sulfur Battery Market Segment 1 – Europe
FIG. 17 Sodium-Sulfur Battery Germany outlook, 2019 & 2026
FIG. 18 Sodium-Sulfur Battery United Kingdom outlook, 2019 & 2026
FIG. 19 Sodium-Sulfur Battery France outlook, 2019 & 2026
FIG. 20 Sodium-Sulfur Battery Italy outlook, 2019 & 2026
FIG. 21 Sodium-Sulfur Battery Rest Of Europe outlook, 2019 & 2026
FIG. 22 Asia Pacific Sodium-Sulfur Battery Market Value, 2019 - 2028, (US$ Bn)
FIG. 23 Sodium-Sulfur Battery Market Segment 1 – Asia Pacific
FIG. 24 Sodium-Sulfur Battery China outlook, 2019 & 2026
FIG. 25 Sodium-Sulfur Battery Japan outlook, 2019 & 2026
FIG. 26 Sodium-Sulfur Battery India outlook, 2019 & 2026
FIG. 27 Sodium-Sulfur Battery Rest of APAC outlook, 2019 & 2026
FIG. 28 Rest Of World Sodium-Sulfur Battery Market Value, 2019 - 2028, (US$ Bn)
FIG. 29 Sodium-Sulfur Battery Market Segment 1 – Rest Of World
FIG. 30 Sodium-Sulfur Battery Middle East & Africa (MEA) outlook, 2019 & 2026
FIG. 31 Sodium-Sulfur Battery South America outlook, 2019 & 2026
FIG. 32 Sodium-Sulfur Battery Rest Of World outlook, 2019 & 2026

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