The Global Biomass Hard Carbon Market was valued at USD 782.4 Million in 2024 and is projected to reach USD 2.1 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period (2024–2032). This robust growth is fueled by the surging demand for sustainable anode materials in lithium-ion and sodium-ion batteries, driven by the global electric vehicle revolution and renewable energy storage needs.

As the world shifts towards a low-carbon economy, biomass hard carbon has emerged as a critical material for next-generation energy storage. Derived from renewable sources like coconut shells and wood waste, it offers a sustainable alternative to synthetic graphite. In this blog, we profile the Top 10 Companies in the Biomass Hard Carbon Industry—a group of innovators and established players shaping the future of battery technology.

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🔟 1. Kuraray Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-performance Hard Carbon Anode Materials

Kuraray is a leading global specialty chemicals company and a pioneer in high-performance hard carbon materials. Leveraging its expertise in synthetic resins and fibers, the company produces advanced hard carbon anodes with high capacity and excellent cycling stability for both lithium-ion and sodium-ion batteries.

Sustainability Initiatives:

• Development of hard carbon from sustainable biomass precursors

• Focus on enhancing the electrochemical performance of bio-based anodes

• Commitment to carbon neutrality by 2050

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/264936/global-biomass-hard-carbon-market

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9️⃣ 2. JFE Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: CARBOTRON® P Hard Carbon

JFE Chemical, a subsidiary of the JFE Steel Group, is a major producer of carbon materials. The company’s CARBOTRON® P hard carbon is specifically designed for high-performance battery anodes, offering superior sodium-ion storage capacity and long cycle life.

Sustainability Initiatives:

• Utilization of petroleum-based pitch for high-purity hard carbon production

• R&D into biomass-derived precursors for future product lines

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8️⃣ 3. Kureha Corporation

Headquarters: Tokyo, Japan
Key Offering: Hard Carbon Anode Materials for Li-ion and Na-ion Batteries

Kureha Corporation is a leading manufacturer of specialty chemicals and advanced materials, with a strong focus on carbon products. The company produces hard carbon materials that are essential for high-performance anodes in next-generation batteries.

Sustainability Initiatives:

• Investment in biomass feedstock development for carbon materials

• Development of hard carbon with high capacity and initial coulombic efficiency

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7️⃣ 4. Sumitomo Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Advanced Carbon Materials for Energy Storage

Sumitomo Chemical is a diversified chemical company with significant investments in battery materials. The company is actively developing hard carbon anode materials that cater to the growing demand for high-energy-density and sustainable batteries.

Sustainability Initiatives:

• Integration of sustainable practices in material sourcing and production

• Collaboration with battery manufacturers to optimize hard carbon performance

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6️⃣ 5. Stora Enso Oyj

Headquarters: Helsinki, Finland
Key Offering: Lignin-based Hard Carbon (Lignode®)

Stora Enso, a leading provider of renewable products, is pioneering the production of hard carbon from lignin, a natural polymer found in wood. Their Lignode® brand represents a sustainable anode material for batteries, derived from a non-fossil, renewable source.

Sustainability Initiatives:

• Utilization of lignin, a by-product of pulp production, reducing waste

• Investment in a €10 million pilot plant for bio-based carbon materials

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/264936/global-biomass-hard-carbon-market

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5️⃣ 6. BRT

Headquarters: China
Key Offering: Biomass-derived Hard Carbon Anodes

BRT is a key Chinese player specializing in the research, development, and production of carbon materials. The company focuses on producing high-quality hard carbon from various biomass sources, serving the domestic and international battery markets.

Sustainability Initiatives:

• Sourcing of agricultural and forestry waste for carbon production

• Development of cost-effective and scalable hard carbon manufacturing processes

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4️⃣ 7. Shanshan Technology

Headquarters: China
Key Offering: Comprehensive Anode Material Portfolio Including Hard Carbon

Shanshan Technology is one of China’s largest suppliers of lithium-ion battery materials. The company has expanded its product line to include hard carbon materials, leveraging its extensive experience in anode production to meet the demands of the sodium-ion battery market.

Sustainability Initiatives:

• Expansion into sustainable anode material production

• Focus on improving the sustainability profile of its battery material supply chain

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3️⃣ 8. Shandong Shengquan New Materials Co., Ltd.

Headquarters: Shandong, China
Key Offering: Biomass-based Hard Carbon and Resin Products

Shandong Shengquan is a specialized manufacturer of biomass-derived chemicals and materials. The company produces hard carbon using its proprietary technology, converting plant-based biomass into high-value anode materials for batteries.

Sustainability Initiatives:

• Proprietary technology for converting biomass into advanced carbon materials

• Emphasis on circular economy principles by utilizing agricultural residues

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2️⃣ 9. Chengdu BSG Industrial Co., Ltd.

Headquarters: Sichuan, China
Key Offering: Hard Carbon Powders for Battery Applications

Chengdu BSG Industrial is a manufacturer of carbon-based materials, including various grades of hard carbon tailored for electrochemical energy storage. The company supplies materials to battery producers developing both lithium-ion and sodium-ion technologies.

Sustainability Initiatives:

• Development of hard carbon from renewable and waste resources

• Focus on enhancing the performance-to-cost ratio of sustainable anodes

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1️⃣ 10. HiNa Battery Technology Co., Ltd.

Headquarters: Jiangsu, China
Key Offering: Sodium-ion Batteries and Proprietary Hard Carbon Anodes

HiNa Battery is a leading sodium-ion battery manufacturer that develops its own hard carbon anode materials. As a vertically integrated company, HiNa controls the entire production process, from anode material synthesis to finished battery cells.

Sustainability Initiatives:

• Vertical integration to ensure sustainable material sourcing and production

• Pioneering the commercialization of low-cost and sustainable sodium-ion batteries

Get Full Report Here: https://www.24chemicalresearch.com/reports/264936/global-biomass-hard-carbon-market

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🌍 Outlook: The Future of Biomass Hard Carbon Is Sustainable and High-Performance

The biomass hard carbon market is undergoing a significant transformation. While synthetic graphite still dominates the anode market for lithium-ion batteries, biomass hard carbon is rapidly gaining traction as the preferred material for sodium-ion batteries and a sustainable alternative across the board.

📈 Key Trends Shaping the Market:

• Rapid expansion of sodium-ion battery production capacity globally

• Government policies and incentives promoting sustainable battery materials

• Advancements in pyrolysis and activation technologies improving hard carbon performance

• Strategic partnerships between material suppliers and battery gigafactories

Get Full Report Here: https://www.24chemicalresearch.com/reports/264936/global-biomass-hard-carbon-market

The companies listed above are not only supplying critical materials for the energy transition—they’re driving the innovation needed for a more sustainable battery ecosystem.