Top 10 Companies in the Global Battery Grade Sodium Carboxymethyl Cellulose (CMC) Market (2026): Market Leaders Powering Global Energy Storage

MARKET INSIGHTS

The Global Battery Grade Sodium Carboxymethyl Cellulose (CMC) Market size was valued at USD 312.5 million in 2024. The market is projected to grow from USD 354.1 million in 2025 to USD 685.4 million by 2034, exhibiting a CAGR of 10.2% during the forecast period.

Battery Grade Sodium Carboxymethyl Cellulose is a highly purified, water‑soluble polymer derived from cellulose. It acts as a crucial binder and thickener in the manufacturing of lithium‑ion battery electrodes. This specialized grade of CMC is essential for ensuring the structural integrity of electrodes, providing excellent adhesion of active materials to current collectors, and facilitating a stable slurry viscosity for uniform coating during production. Its superior electrochemical stability and compatibility with various electrode chemistries make it a key material in modern energy storage.

The market’s robust growth is primarily driven by the explosive expansion of the electric vehicle (EV) industry and the increasing demand for consumer electronics, which heavily rely on high‑performance lithium‑ion batteries. Furthermore, the global push for renewable energy integration is fueling demand for large‑scale energy storage systems (ESS). However, the market faces challenges from the development of alternative binder materials, such as polyacrylic acid (PAA). Despite this, key industry players like Fortune Biotech and Dow Chemical Company are investing in capacity expansion and developing higher‑purity grades to meet the stringent requirements of next‑generation batteries, including those with silicon‑based anodes.

Global Battery Grade Sodium Carboxymethyl Cellulose (CMC) Market – View in Detailed Research Report

Top 10 Companies

🔟 1. Fortune Biotech

Headquarters: Shanghai, China
Key Offering: High‑purity battery‑grade CMC (99.5%+), tailored binder solutions for lithium‑ion and sodium‑ion batteries

Fortune Biotech has pioneered advanced CMC synthesis processes that deliver ultra‑low metallic impurities and consistent degree of substitution. The company’s portfolio supports high‑energy‑density electrodes, including silicon‑graphite composites, and is widely adopted by leading EV manufacturers.

Sustainability & Growth Initiatives:

• Investing in green chemistry to reduce carbon footprint of CMC production
• Partnering with battery gigafactories to co‑develop binder formulations
• Expanding production capacity in Southeast Asia to diversify supply chains

9️⃣ 2. Hansstar

Headquarters: Guangzhou, China
Key Offering: Premium CMC grades (99%–99.5%) and customized binder blends for cathode and anode applications

Hansstar’s vertically integrated operations span from cellulose sourcing to final binder production, enabling tight control over purity and viscosity. The company focuses on R&D to enhance binder performance in high‑silicon anodes.

Sustainability & Growth Initiatives:

• Adopting renewable energy sources for manufacturing plants
• Developing recyclable binder formulations to support circular battery economy
• Collaborating with European battery makers to meet stringent EU regulations

8️⃣ 3. Hunan Sentai

Headquarters: Changsha, China
Key Offering: Ultra‑high‑purity CMC (99.5%+) and hybrid binder systems (CMC‑PAA composites)

Hunan Sentai specializes in cross‑linked CMC variants that provide superior mechanical resilience for silicon‑rich electrodes. Its product line is tailored for both automotive and stationary energy storage markets.

Sustainability & Growth Initiatives:

• Implementing water‑recycling technologies in production lines
• Investing in AI‑driven process optimization for energy efficiency
• Expanding R&D centers in North America to support domestic battery supply chains

7️⃣ 4. Ever Bright

Headquarters: Shenzhen, China
Key Offering: High‑viscosity powder CMC and aqueous solutions for advanced electrode coatings

Ever Bright’s focus on powder form enables long shelf life and easy integration into existing slurry preparation processes, reducing environmental impact and cost.

Sustainability & Growth Initiatives:

• Adopting biodegradable packaging materials for product distribution
• Developing low‑VOC binder formulations for eco‑friendly manufacturing
• Partnering with battery manufacturers in India and Southeast Asia

6️⃣ 5. Wealthy

Headquarters: Hangzhou, China
Key Offering: Specialty CMC grades for high‑temperature battery applications and solid‑state batteries

Wealthy’s research team focuses on thermal stability and ionic conductivity, positioning its binders for next‑generation solid‑state cells.

Sustainability & Growth Initiatives:

• Implementing circular economy practices in raw material sourcing
• Investing in renewable energy projects to power manufacturing facilities
• Collaborating with universities for advanced binder research

5️⃣ 6. Tianya Chemical

Headquarters: Wuhan, China
Key Offering: High‑purity CMC powders and dispersion systems for cathode binders

Tianya Chemical’s product line emphasizes precise viscosity control, enabling thin electrode coatings that boost energy density.

Sustainability & Growth Initiatives:

• Adopting carbon‑neutral production processes
• Expanding capacity in the Philippines to support regional supply chains
• Developing eco‑friendly binder formulations for electric vehicles

4️⃣ 7. Lihong Fine Chemicals

Headquarters: Shanghai, China
Key Offering: Functionalized CMC grades for silicon‑based electrodes and graphite modification

Lihong Fine Chemicals leads in developing surface‑modified binders that improve mechanical elasticity and adhesion in high‑silicon anodes.

Sustainability & Growth Initiatives:

• Investing in green chemistry to reduce hazardous waste
• Collaborating with battery OEMs to co‑develop next‑generation binder formulations
• Expanding production facilities in Vietnam for regional demand

3️⃣ 8. Shandong Yulong

Headquarters: Yantai, China
Key Offering: High‑purity CMC powders and aqueous solutions for large‑scale energy storage systems

Shandong Yulong focuses on scalable production to meet the growing demand from ESS manufacturers worldwide.

Sustainability & Growth Initiatives:

• Implementing energy‑saving technologies in production
• Adopting waste‑water treatment systems
• Partnering with renewable energy projects to offset emissions

2️⃣ 9. Shandong New Materials

Headquarters: Jinan, China
Key Offering: Advanced CMC blends for high‑energy‑density lithium‑ion batteries and sodium‑ion cells

Shandong New Materials leverages proprietary blending techniques to enhance binder performance across multiple chemistries.

Sustainability & Growth Initiatives:

• Investing in renewable energy for manufacturing sites
• Developing recyclable binder solutions for end‑of‑life batteries
• Expanding R&D in collaboration with European battery firms

1️⃣ 10. Changzhou Guoyu

Headquarters: Changzhou, China
Key Offering: Ultra‑pure CMC powders (99.5%+) and customized binder formulations for niche battery chemistries

Changzhou Guoyu’s focus on purity and customization positions it as a preferred supplier for high‑performance battery developers.

Sustainability & Growth Initiatives:

• Adopting low‑energy manufacturing processes
• Investing in carbon‑capture technology for production facilities
• Collaborating with battery gigafactories to reduce logistics emissions

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🌍 Outlook: The Future of Battery Grade Sodium Carboxymethyl Cellulose (CMC) Market Is Growing

The battery‑grade CMC market is poised for sustained expansion driven by the global shift toward electric mobility, renewable energy storage, and advanced battery chemistries. As EV adoption accelerates and energy storage demands rise, the need for high‑purity binders that deliver superior cycle life and safety will continue to grow. Regulatory incentives and decarbonization mandates across major economies will further accelerate market penetration, while ongoing R&D in modified CMC grades will unlock new high‑energy‑density applications.

📈 Key Trends Shaping the Market:

• Increasing demand for silicon‑graphite composite anodes requiring advanced binder solutions
• Growth of sodium‑ion battery commercialization expanding the addressable market for CMC
• Rising focus on sustainability, with manufacturers adopting green chemistry and recyclable binder formulations
• Geographic diversification of production capacity outside China to mitigate supply‑chain risks
• Emerging cross‑linked and functionalized CMC variants driving higher performance and pricing premiums