The Global Multiplying Type Graphite Market was valued at USD 1.85 Billion in 2025 and is projected to reach USD 3.42 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period (2024–2030). This robust growth is being driven by the exponential demand for lithium-ion batteries from the electric vehicle (EV) and energy storage sectors, alongside expanding applications in scientific research and advanced materials.

As the global push for electrification and sustainable energy solutions accelerates, the spotlight is on the key material suppliers who are driving innovation, scaling production, and ensuring a stable supply of high-performance anode materials. In this blog, we profile the Top 10 Companies in the Multiplying Type Graphite Industry—a mix of established global players and emerging innovators shaping the future of energy storage.

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🔟 1. BTR New Material Group

Headquarters: Shenzhen, China
Key Offering: High-capacity anode materials, Spherical Graphite, Multiplying Type Graphite

BTR New Material Group is a global leader in lithium-ion battery anode materials, holding a significant market share. The company specializes in the research, development, and production of high-performance Multiplying Type Graphite, which is critical for enhancing the energy density and cycle life of batteries used in EVs and consumer electronics.

Innovation and Capacity Initiatives:

• Massive production capacity expansion to over 150,000 tons per annum

• Pioneering research in silicon-carbon composite anodes

• Strategic partnerships with major global battery manufacturers like CATL and LG Energy Solution

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9️⃣ 2. Shanghai PTL New Energy Technology

Headquarters: Shanghai, China
Key Offering: Artificial Graphite, Multiplying Type Graphite, Anode Material Solutions

Shanghai PTL is a key supplier of anode materials, recognized for its high-quality Multiplying Type Graphite with controlled particle size distribution. The company serves a wide range of customers in the battery industry, focusing on providing materials that enable faster charging and longer battery lifespan.

Innovation and Capacity Initiatives:

• Advanced graphitization technology for improved conductivity

• Focus on sustainable and cost-effective production processes

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8️⃣ 3. Ningbo Shanshan

Headquarters: Ningbo, China
Key Offering: Lithium-ion Battery Materials, Anode Products, Multiplying Type Graphite

Ningbo Shanshan is a comprehensive supplier of lithium battery materials, with a strong presence in the anode sector. The company’s Multiplying Type Graphite is engineered for high performance in demanding applications, contributing to its reputation as a reliable partner for top-tier battery producers.

Innovation and Capacity Initiatives:

• Integrated supply chain from raw material processing to finished anode products

• Continuous investment in R&D for next-generation anode technologies

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7️⃣ 4. Guangdong Kaijin New Energy Technology

Headquarters: Guangdong, China
Key Offering: Specialty Graphite, Multiplying Type Graphite for High-Power Batteries

Guangdong Kaijin specializes in new energy materials, with a focus on high-end graphite products. The company’s Multiplying Type Graphite is known for its excellent electrochemical properties, making it a preferred choice for batteries requiring high rate capability and stability.

Innovation and Capacity Initiatives:

• Development of graphite materials with tailored surface properties

• Expansion of production facilities to meet growing EV market demand

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6️⃣ 5. Hunan Zhongke Shinzoom

Headquarters: Hunan, China
Key Offering: Synthetic Graphite, Multiplying Type Graphite Anodes

Hunan Zhongke Shinzoom is a prominent manufacturer of synthetic graphite anode materials. The company leverages advanced processing techniques to produce Multiplying Type Graphite that delivers consistent quality and performance, catering to the stringent requirements of the lithium battery industry.

Innovation and Capacity Initiatives:

• Emphasis on purity and consistency in particle size distribution

• Collaborations with research institutions for material science advancements

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5️⃣ 6. SGL Carbon

Headquarters: Wiesbaden, Germany
Key Offering: Graphite Specialties, Carbon-Based Anode Materials, SIGRACELL® Graphite

SGL Carbon is a leading global supplier of carbon-based solutions, including high-performance graphite materials for the battery industry. The company’s expertise in carbon and graphite technology positions it as a key player in supplying specialized Multiplying Type Graphite to the European and North American markets.

Innovation and Capacity Initiatives:

• Development of sustainable graphite sourcing and production methods

• Strategic focus on the EV battery value chain

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4️⃣ 7. Shenzhen XFH Technology

Headquarters: Shenzhen, China
Key Offering: Battery Anode Materials, Nano-Graphite, Multiplying Type Graphite

Shenzhen XFH Technology is a specialized manufacturer of carbon anode materials for lithium-ion batteries. The company produces high-quality Multiplying Type Graphite that is essential for achieving high energy density and excellent cycling performance in modern battery cells.

Innovation and Capacity Initiatives:

• Investment in nanotechnology for enhanced material properties

• Capacity scaling to serve the rapidly growing energy storage market

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3️⃣ 8. Dalian Hongguang Lithium Industry

Headquarters: Dalian, China
Key Offering: Lithium-based Compounds, Graphite Anode Materials

Dalian Hongguang Lithium Industry focuses on the production of materials for the lithium battery sector. While known for lithium compounds, the company has developed capabilities in Multiplying Type Graphite production to offer integrated material solutions for anode manufacturers.

Innovation and Capacity Initiatives:

• Vertical integration to control quality and cost

• R&D focused on improving the interface between graphite and electrolytes

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2️⃣ 9. Henan Zhonglian

Headquarters: Henan, China
Key Offering: Industrial Graphite, Anode-Grade Graphite Powders

Henan Zhonglian is a significant producer of graphite products for various industrial applications, including the burgeoning battery market. The company supplies Multiplying Type Graphite that meets the specific electrochemical requirements of lithium-ion battery anodes.

Innovation and Capacity Initiatives:

• Expansion of purification and processing facilities

• Focus on supplying the domestic Chinese battery market

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1️⃣ 10. Shandong Jingneng

Headquarters: Shandong, China
Key Offering: Natural Graphite, Treated Graphite for Batteries

Shandong Jingneng leverages its access to natural graphite resources to produce battery-grade materials. The company processes natural graphite into high-purity Multiplying Type Graphite, providing a cost-effective anode material solution for mass-market battery production.

Innovation and Capacity Initiatives:

• Utilization of domestic natural graphite resources

• Development of environmentally friendly purification technologies

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🌍 Outlook: The Future of Multiplying Type Graphite Is High-Performance and Sustainable

The Multiplying Type Graphite market is undergoing a significant transformation. While traditional graphite materials still form the base, the industry is investing heavily in advanced processing technologies, material innovations, and sustainable sourcing to meet the demands of next-generation energy storage.

📈 Key Trends Shaping the Market:

• Rising demand for EVs driving capacity expansion in Asia, North America, and Europe

• Technological push for higher energy density and faster charging capabilities

• Increased focus on sustainable and traceable graphite supply chains

• Battery manufacturer and material supplier alliances for co-development of advanced anodes

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The companies listed above are not only supplying critical materials for the global energy transition—they’re pioneering the next generation of battery technology.