Top 10 Companies in the Battery Graphite Anode Industry (2025): Market Leaders Powering Global Electrification

In Business Insights
November 21, 2025


The Global Battery Graphite Anode Market was valued at USD 9.84 Billion in 2024 and is projected to reach USD 25.67 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 17.3% during the forecast period (2024–2030). This exponential growth is fueled by the global surge in electric vehicle (EV) adoption, the expansion of grid-scale energy storage systems, and the relentless demand for high-performance consumer electronics. As the world accelerates its transition to clean energy, the graphite anode—a critical component in lithium-ion batteries—has become a strategic material of immense importance.

In this dynamic landscape, the companies that control the production and refinement of graphite anode materials are positioned at the forefront of the energy revolution. This blog profiles the Top 10 Companies in the Battery Graphite Anode Industry—a diverse group of mining giants, specialized material suppliers, and integrated battery material producers that are building the foundation for a sustainable, electrified future.


🔟 1. BTR New Material Group Co., Ltd.

Headquarters: Shenzhen, China
Key Offering: Synthetic Graphite Anode, Silicon-Carbon Composite Anode

BTR is the world’s largest supplier of lithium-ion battery anode materials, commanding a significant global market share. The company’s advanced anode products are used by virtually all major battery manufacturers, including CATL, BYD, LG Energy Solution, and Samsung SDI. BTR’s strength lies in its massive production capacity and continuous R&D in high-capacity anode technologies.

Innovation and Capacity Initiatives:

  • Annual production capacity exceeding 150,000 tons
  • Pioneering silicon-carbon composite anodes for higher energy density
  • Global expansion of production facilities in Europe and Southeast Asia

Download FREE Sample Report: Battery Graphite Anode Market – View in Detailed Research Report


9️⃣ 2. Shanghai Shanshan Technology Co., Ltd.

Headquarters: Shanghai, China
Key Offering: Natural Graphite Anode, Artificial Graphite Anode, Anode Materials

Shanghai Shanshan is one of China’s earliest and most prominent enterprises specializing in lithium-ion battery materials. It has developed into a comprehensive supplier with a complete industrial chain, from raw material processing to finished anode products. The company serves a global clientele and is a key partner for automotive OEMs and battery cell producers.

Innovation and Capacity Initiatives:

  • Integrated production base with 120,000-ton annual anode capacity
  • Strong focus on cost-effective natural graphite solutions
  • Strategic partnerships with mining companies for raw material security

8️⃣ 3. POSCO Holdings

Headquarters: Pohang, South Korea
Key Offering: Artificial Graphite Anode, Secondary Battery Materials

POSCO Holdings, a global steel-making giant, has aggressively expanded into the future materials sector, including battery anode materials. Leveraging its expertise in carbonaceous materials and chemical processes, POSCO is building a vertically integrated anode supply chain to cater to the booming Korean and global battery markets.

Innovation and Capacity Initiatives:

  • Targeting 320,000 tons of anode material capacity by 2030
  • Developing ultra-high-capacity synthetic graphite anodes
  • Strategic investments in graphite mining and precursor companies

7️⃣ 4. Showa Denko K.K. (Piotrek)

Headquarters: Tokyo, Japan
Key Offering: CARBOTRON® P Synthetic Graphite Anode

Showa Denko, operating under the brand Piotrek, is a leading Japanese chemical company with a long history of carbon material innovation. Its CARBOTRON® P series of high-performance synthetic graphite anodes are renowned for their excellent cycle life and high-rate capability, making them ideal for premium EV and electronics applications.

Innovation and Capacity Initiatives:

  • Patented graphitization technology for superior anode performance
  • Focus on high-purity, consistency, and reliability
  • Expanding production to meet growing demand from Japanese and Korean battery makers

Download FREE Sample Report: Battery Graphite Anode Market – View in Detailed Research Report


6️⃣ 5. Syrah Resources Limited

Headquarters: Melbourne, Australia
Key Offering: Natural Flake Graphite, Active Anode Material (AAM)

Syrah Resources owns and operates the Balama graphite project in Mozambique, one of the world’s largest natural graphite deposits outside of China. The company is a key supplier of natural graphite feedstock to anode producers and is vertically integrating by establishing its own Active Anode Material (AAM) facility in the United States.

Innovation and Capacity Initiatives:

  • Balama project with a nameplate capacity of 350,000 tpa graphite concentrate
  • Vidalia AAM facility in Louisiana, USA, with initial 11,250 tpa capacity
  • Strategic offtake agreements with major US and European battery manufacturers

5️⃣ 6. Ningbo Shanshan Co., Ltd.

Headquarters: Ningbo, China
Key Offering: Artificial Graphite, Composite Anode Materials

Ningbo Shanshan is a major player in the Chinese anode market, specializing in the research, development, and production of lithium-ion battery anode materials. The company has a strong focus on innovation and has established several joint ventures to secure its position in the competitive landscape.

Innovation and Capacity Initiatives:

  • Annual production capacity of over 60,000 tons of anode materials
  • Investment in silicon-based anode technology for next-generation batteries
  • Expansion into battery material recycling to create a circular supply chain

4️⃣ 7. Jiangxi Zichen Technology Co., Ltd.

Headquarters: Yichun, Jiangxi, China
Key Offering: Spherical Graphite, Modified Graphite Anode

Jiangxi Zichen is a specialized manufacturer focusing on the deep processing of natural graphite. The company produces high-purity spherical graphite, which is a critical intermediate product for manufacturing natural graphite anodes. Its location in Jiangxi province, a region rich in graphite resources, provides a strategic advantage.

Innovation and Capacity Initiatives:

  • Leading producer of spherical graphite with significant market share
  • Advanced purification technologies to achieve battery-grade purity (>99.95%)
  • Continuous process optimization to reduce costs and environmental impact

3️⃣ 8. Hunan Zhongke Electric Co., Ltd. (Shinzoom)

Headquarters: Changsha, Hunan, China
Key Offering: Artificial Graphite Anode, Carbon Anode Materials

Hunan Zhongke Electric (Shinzoom) is a leading high-tech enterprise dedicated to the R&D and production of carbon materials for new energy applications. The company’s anode materials are known for their high capacity and long cycle life, serving top-tier battery manufacturers in China and abroad.

Innovation and Capacity Initiatives:

  • Strong R&D capabilities with numerous patents in anode material technology
  • Vertically integrated production from feedstock to finished anode
  • Focus on developing fast-charging compatible anode materials

2️⃣ 9. SGL Carbon

Headquarters: Wiesbaden, Germany
Key Offering: Synthetic Graphite Anodes, Specialty Graphites

SGL Carbon is a leading developer and manufacturer of carbon-based solutions, including specialty graphites for the battery industry. With a strong presence in Europe, SGL Carbon is strategically positioned to supply the region’s rapidly growing EV battery production ecosystem, offering high-quality, locally produced anode materials.

Innovation and Capacity Initiatives:

  • Proprietary graphitization process for tailored anode properties
  • Expanding production capacity at its European sites
  • Collaboration with European automakers and research institutes on next-gen anodes

1️⃣ 10. NOVONIX Ltd.

Headquarters: Brisbane, Australia
Key Offering: Synthetic Graphite Anode Material, Battery Testing Equipment

NOVONIX is a leading battery technology company focused on developing and supplying high-performance materials for the lithium-ion battery industry. Its proprietary graphite anode material is produced using a more efficient, environmentally friendly process. The company is a key player in building a North American battery material supply chain.

Innovation and Capacity Initiatives:

  • Patented furnace technology for lower-cost, zero-emission graphite production
  • Riverside Production Facility in Tennessee, USA, targeting 40,000 tpa capacity
  • Strategic partnerships with major US Department of Energy initiatives and automotive companies

Get Full Report Here: Battery Graphite Anode Market – View in Detailed Research Report


🌍 Outlook: The Future of Battery Graphite Anodes Is High-Performance and Sustainable

The battery graphite anode market is at the heart of the global energy transition. While synthetic and natural graphite dominate today’s market, the future points toward higher energy densities, faster charging capabilities, and more sustainable production methods. The industry is investing billions in next-generation anode technologies, advanced manufacturing processes, and geographically diversified supply chains to reduce reliance on any single region.

📈 Key Trends Shaping the Market:

  • Accelerated capacity expansion in North America and Europe to build resilient supply chains
  • R&D focus on silicon-dominant anodes to break the energy density ceiling of graphite
  • Increasing regulatory emphasis on sustainable and traceable graphite sourcing
  • Integration of recycled graphite from end-of-life batteries into the production cycle

Get Full Report Here: Battery Graphite Anode Market – View in Detailed Research Report

The companies listed above are not only supplying a critical battery component—they are powering the global shift to electrification and paving the way for a cleaner energy future.