Top 10 Companies in the Anode Material for Sodium-ion Battery Market (2025): Market Leaders Powering Next-Gen Energy Storage

In Business Insights
July 05, 2025

The Global Anode Material for Sodium-ion Battery Market was valued at USD 824.3 Million in 2024 and is projected to reach USD 2.1 Billion by 2032, growing at a CAGR of 12.5% during the forecast period (2024–2032). This rapid expansion is driven by increasing demand for cost-effective energy storage solutions, advancements in sodium-ion battery technology, and growing applications in consumer electronics, power tools, and medical instruments.

As sodium-ion technology emerges as a viable alternative to lithium-ion batteries due to material abundance and lower costs, industry leaders are innovating new anode solutions. In this analysis, we examine the Top 10 Companies in the Anode Material for Sodium-ion Battery Market—key players developing advanced materials that will define the next generation of energy storage.


🔟 1. BTR

Headquarters: Shenzhen, China
Key Offering: Hard Carbon Anode Materials

BTR has established itself as a pioneer in hard carbon anode development through proprietary synthesis technologies. The company supplies leading battery manufacturers globally and maintains strong R&D capabilities for next-generation materials.

Innovation Highlights:

  • Advanced precursor treatment processes

  • Strategic partnerships with major cell producers

  • Ongoing development of high-capacity composites

Download FREE Sample Report: Anode Material for Sodium-ion Battery Market – View in Detailed Research Report


9️⃣ 2. Hina Battery

Headquarters: Huzhou, China
Key Offering: Hard Carbon Anodes

Hina Battery operates as a vertically integrated producer, supplying anode materials for its own sodium-ion battery production lines. Their materials demonstrate stable cycling performance with competitive capacity retention.

Innovation Highlights:

  • Large-scale manufacturing capabilities

  • Proprietary surface engineering technology


8️⃣ 3. KAIJIN

Headquarters: Tokyo, Japan
Key Offering: High-Density Hard Carbon

KAIJIN specializes in premium hard carbon materials optimized for demanding applications. Their anode products offer superior rate capability and extended cycle life in sodium-ion systems.

Innovation Highlights:

  • Unique precursor selection methodology

  • Precision microstructure control


7️⃣ 4. Shanshan

Headquarters: Ningbo, China
Key Offering: Composite Anode Materials

Shanshan has successfully expanded its lithium-ion materials expertise into the sodium-ion sector. The company offers tailored anode solutions for different battery chemistries and applications.

Innovation Highlights:

  • Multi-source raw material processing

  • Industrial-scale production facilities

Read Full Report: Anode Material for Sodium-ion Battery Market – View in Detailed Research Report


6️⃣ 5. Shinzoom Technology

Headquarters: Shenzhen, China
Key Offering: Cost-Effective Anode Solutions

Shinzoom focuses on developing economically viable anode materials that maintain competitive performance characteristics. The company’s solutions help reduce overall battery costs.

Innovation Highlights:

  • Alternative precursor development

  • Process optimization for manufacturing efficiency


5️⃣ 6. NEI Corporation

Headquarters: Somerset, New Jersey, USA
Key Offering: Nanostructured Anodes

NEI Corporation applies its nanomaterials expertise to develop anode materials with enhanced sodium storage properties. Their proprietary synthesis methods enable tunable material architectures.

Innovation Highlights:

  • Precise nanoarchitecture control

  • Performance optimization for specific applications


4️⃣ 7. Phillips 66

Headquarters: Houston, Texas, USA
Key Offering: Petroleum Coke-Derived Anodes

Phillips 66 leverages its petroleum industry position to produce cost-competitive anode materials. The company’s petroleum coke-based products offer consistent quality and electrochemical performance.

Innovation Highlights:

  • Refinery byproduct utilization

  • Sustainable production processes


3️⃣ 8. Kuraray

Headquarters: Tokyo, Japan
Key Offering: Synthetic Resin-Based Hard Carbon

Kuraray utilizes its synthetic resin expertise to manufacture premium hard carbon materials. The company’s anodes demonstrate excellent electrochemical properties for demanding sodium-ion applications.

Innovation Highlights:

  • Precise microstructure control

  • High batch-to-batch consistency


2️⃣ 9. Targray

Headquarters: Montreal, Canada
Key Offering: Comprehensive Anode Solutions

Targray serves as a global supplier of advanced battery materials, offering both standard and customized anode products for sodium-ion technologies. The company provides technical support for material integration.

Innovation Highlights:

  • Broad portfolio of carbon materials

  • Application-specific formulations


1️⃣ 10. Indigenous Energy Storage Technology

Headquarters: Suzhou, China
Key Offering: High-Performance Anode Formulations

Indigenous Energy Storage Technology develops proprietary anode compositions that push performance boundaries. Their materials are designed for applications demanding high energy density and fast charging capabilities.

Innovation Highlights:

  • Novel composite materials

  • Advanced surface engineering

Get Full Report Here: Anode Material for Sodium-ion Battery Market – View in Detailed Research Report


🔋 Outlook: The Evolution of Sodium-ion Battery Anodes

The anode materials sector is entering an era of accelerated innovation as sodium-ion technology gains commercial traction. These developments are making sodium-ion batteries increasingly competitive with conventional lithium-ion systems for certain applications.

⚡ Market-Shaping Trends:

  • Expanding raw material options beyond traditional precursors

  • Development of advanced material architectures for improved performance

  • Integration of sustainable production methodologies

  • Growing manufacturing capacity investments worldwide

Download FREE Sample Report: Anode Material for Sodium-ion Battery Market – View in Detailed Research Report

The featured companies represent the leading innovators driving the commercialization of sodium-ion battery technology through advanced anode material development.