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:
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Advanced precursor treatment processes
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Strategic partnerships with major cell producers
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Ongoing development of high-capacity composites
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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:
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Large-scale manufacturing capabilities
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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:
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Unique precursor selection methodology
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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:
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Multi-source raw material processing
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Industrial-scale production facilities
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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:
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Alternative precursor development
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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:
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Precise nanoarchitecture control
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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:
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Refinery byproduct utilization
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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:
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Precise microstructure control
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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:
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Broad portfolio of carbon materials
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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:
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Novel composite materials
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Advanced surface engineering
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🔋 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:
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Expanding raw material options beyond traditional precursors
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Development of advanced material architectures for improved performance
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Integration of sustainable production methodologies
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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.
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