The Global New Anode Material for Lithium-Ion Batteries Market was valued at USD 17.52 Billion in 2024 and is projected to reach USD 32.91 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 10.8% during the forecast period (2024–2030). This robust growth is propelled by the surging demand for electric vehicles (EVs), the expansion of grid-scale energy storage systems, and the relentless pursuit of higher energy density and faster charging capabilities in consumer electronics.

As the world shifts towards electrification and sustainable energy, the performance of lithium-ion batteries has become paramount. The anode, a critical component, is undergoing a significant transformation with next-generation materials. In this blog, we profile the Top 10 Companies in the New Anode Material for Lithium-Ion Batteries Industry—a group of innovators, material scientists, and industrial giants shaping the future of energy storage.

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New Anode Material for Lithium-Ion Batteries Market – View in Detailed Research Report

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🔟 1. BTR New Material Group Co., Ltd.

Headquarters: Shenzhen, China
Key Offering: Silicon-Carbon Composite Anodes, Artificial Graphite, Natural Graphite

BTR is a global powerhouse in lithium-ion battery anode materials, commanding a significant market share. The company is a key supplier to major battery manufacturers worldwide, renowned for its high-capacity silicon-carbon composites that significantly boost energy density compared to traditional graphite.

Innovation & Growth Initiatives:

• Pioneering high-capacity silicon-based anode technology

• Massive production capacity expansion to meet EV demand

• Strategic partnerships with global EV and battery giants

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9️⃣ 2. Shanshan Corporation

Headquarters: Ningbo, China
Key Offering: Graphite Anode Materials, Silicon-Oxide Composite Anodes

Shanshan Corporation is another leading Chinese manufacturer with a comprehensive portfolio of anode materials. The company has vertically integrated operations, from raw material processing to finished anode production, ensuring supply chain stability and cost competitiveness.

Innovation & Growth Initiatives:

• Development of low-expansion silicon oxide (SiOx) anodes

• Continuous investment in R&D for next-generation materials

• Focus on sustainable and cost-effective production processes

Download FREE Sample Report:
New Anode Material for Lithium-Ion Batteries Market – View in Detailed Research Report

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8️⃣ 3. Showa Denko Materials (Resonac Holdings)

Headquarters: Tokyo, Japan
Key Offering: Hard Carbon Anodes, Graphitized Carbon Materials

Showa Denko Materials, operating under Resonac Holdings, is a key Japanese player with advanced expertise in carbon materials. The company produces high-performance hard carbon anodes, which are particularly well-suited for sodium-ion batteries and fast-charging lithium-ion applications.

Innovation & Growth Initiatives:

• Leadership in hard carbon for next-generation batteries

• Strong focus on R&D for materials enabling ultra-fast charging

• Global supply agreements with leading battery makers

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7️⃣ 4. POSCO Chemical

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

POSCO Chemical, a subsidiary of the POSCO Group, is a major force in the global battery materials market. Leveraging its parent company’s industrial expertise, it is rapidly expanding its anode material production capacity to secure a leading position in the EV supply chain.

Innovation & Growth Initiatives:

• Aggressive capacity expansion in South Korea and North America

• Long-term supply contracts with automakers like GM and Hyundai

• Investment in synthetic graphite and silicon anode technologies

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6️⃣ 5. Mitsubishi Chemical Group

Headquarters: Tokyo, Japan
Key Offering: Graphite Anodes, Advanced Carbon Materials

Mitsubishi Chemical brings its vast chemical engineering prowess to the battery materials sector. The company develops high-quality anode materials with a focus on consistency, longevity, and performance for demanding applications.

Innovation & Growth Initiatives:

• Development of high-density graphite powders

• Research into novel binder systems for improved anode integrity

• Strategic focus on the high-performance EV battery segment

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5️⃣ 6. Nippon Carbon Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Specialty Graphites, Carbon Black, Anode-grade Materials

Nippon Carbon is a specialized manufacturer with deep roots in carbon technology. The company produces high-purity graphite materials essential for high-performance anodes, serving niche markets that require superior electrical and thermal properties.

Innovation & Growth Initiatives:

• Expertise in isotropic and fine-grained graphite production

• Focus on materials for high-power and long-life battery applications

• Continuous process improvement for enhanced material purity

Download FREE Sample Report:
New Anode Material for Lithium-Ion Batteries Market – View in Detailed Research Report

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4️⃣ 7. JFE Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: Needle Coke, Graphite Anode Materials

JFE Chemical, part of the JFE Steel Group, is a key supplier of needle coke, a critical raw material for manufacturing high-quality artificial graphite anodes. Its vertical integration within the steel and chemical industries provides a unique advantage in the supply chain.

Innovation & Growth Initiatives:

• Leading producer of premium needle coke for anode graphite

• Investment in expanding graphite processing capabilities

• Leveraging industrial by-products for sustainable material production

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3️⃣ 8. Kureha Corporation

Headquarters: Tokyo, Japan
Key Offering: Hard Carbon Anode Material (Carbotron® P)

Kureha is a prominent developer and manufacturer of hard carbon anode materials, marketed under the brand name Carbotron® P. Its materials are known for excellent rate capability and long cycle life, making them ideal for power tools and hybrid electric vehicles.

Innovation & Growth Initiatives:

• Specialization in disordered carbon (hard carbon) anodes

• Focus on applications requiring high power and fast charging

• Ongoing R&D to improve the capacity and efficiency of hard carbon

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2️⃣ 9. Shenzhen XFH Technology Co., Ltd.

Headquarters: Shenzhen, China
Key Offering: Nano Silicon Anodes, Silicon-Carbon Composites

Shenzhen XFH Technology is an innovative company focused on overcoming the limitations of graphite through advanced silicon-based anode solutions. It specializes in nano-silicon materials that offer much higher theoretical capacity.

Innovation & Growth Initiatives:

• Development of nano-silicon and porous silicon materials to mitigate expansion issues

• Strong IP portfolio in silicon anode technology

• Targeting the premium consumer electronics and EV markets

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1️⃣ 10. Dongguan Kaijin New Energy Technology Co., Ltd.

Headquarters: Dongguan, China
Key Offering: Silicon-based Anode Materials, Graphite

Dongguan Kaijin New Energy is an emerging player specializing in silicon-based anode materials. The company is focused on commercializing technologies that enhance the energy density of lithium-ion batteries for a range of applications.

Innovation & Growth Initiatives:

• R&D focused on practical silicon anode commercialization

• Expansion of production facilities to scale up new material output

• Collaborations with academic institutions and industry partners

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New Anode Material for Lithium-Ion Batteries Market – View in Detailed Research Report

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🔋 Outlook: The Future of Anode Materials is High-Performance and Sustainable

The new anode material market is at the forefront of the energy storage revolution. While graphite remains the dominant material, the industry is aggressively pursuing alternatives that offer step-change improvements in performance, safety, and sustainability.

📈 Key Trends Shaping the Market:

• Accelerated adoption of silicon-based anodes to increase energy density beyond 400 Wh/kg

• Rising interest in hard carbon anodes for sodium-ion batteries as a complementary technology

• Development of lithium metal anodes for solid-state batteries, promising the highest energy density

• Increased focus on supply chain localization and sustainable sourcing of raw materials

Get Full Report Here:
New Anode Material for Lithium-Ion Batteries Market – View in Detailed Research Report

The companies listed above are not only supplying critical materials for today’s batteries—they are engineering the foundation for the next generation of energy storage that will power a cleaner, electrified world.