Benchmark to launch Sodium ion Batteries Forecast report

Benchmark is pleased to announce the launch of its new Sodium ion Batteries Forecast. This comprehensive report is designed for battery, cathode and anode market participants, OEMs, and investors, providing essential guidance through the complexities of the sodium ion battery sector. Subscribers will gain insights into the forecast market growth and the role that this emerging technology is set to play across the market and especially in the energy storage sector.

Sodium ion batteries have gained increased attention in recent years due to their potential to offer a low cost energy storage solution without reliance on the lithium supply chain. Benchmark’s analysis shows that the pipeline capacity for sodium ion batteries is booming, with a 230% year on year increase between 2023 to 2024, and continued rapid capacity growth forecast out to 2030. These increases signal a commercial drive, however only by understanding market drivers and predicting realistic utilisation rates, can a supply-demand balance be forecast.

The report offers detailed forecasting of supply and demand for sodium ion battery cells, cathodes and anodes. Analysis is broken down by material type, providing the forecast supply-demand balance for layered oxide, polyanionic and Prussian Blue analogue cathodes.

The report includes graphics and written analysis of forecast trends, in-depth profiles of key companies in the sector, and a technology handbook which details the material supply chains required to support the technology. Forecast reports will be published on a quarterly basis. Subscribers also have access to the analyst team behind the forecast for personalised insights and context.

The Sodium ion Batteries Forecast further expands Benchmark’s coverage of next-generation battery market intelligence, beyond the Silicon Anode Forecast and Solid-State and Lithium-Metal Batteries Forecast. The report compliments the capacity data provided in the Sodium ion Batteries Market Assessment, providing further granularity and forecasting out to 2040.

“We monitor the sodium ion battery market drivers to forecast growth within the sector. Benchmark’s wealth of expertise across the battery supply chain in pricing and supply, perfectly positions us to keep up to date with the complexities of this market and to become the go-to for sodium ion battery market intelligence,” said Catherine Peake, Analyst.

“The global battery industry is evolving, and we are seeing great innovation across the world to tailor battery performance to better meet the requirements of applications. As sodium ion batteries undergo commercial demonstration, the technology is set to be a strong new addition in balancing the equation of the global energy transition” said Rory McNulty, Product Director, New Technology.

Benchmark’s new Sodium ion Batteries Forecast provides independent and detailed analysis of supply and demand out to 2040.

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