The Global Ni-MH Battery Anode Material Market was valued at USD 1.23 Billion in 2023 and is projected to reach USD 1.98 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2024-2030). This growth is driven by expanding applications in hybrid vehicles, consumer electronics, and industrial energy storage systems, coupled with advancements in hydrogen storage technologies.
As the demand for efficient and sustainable energy storage solutions accelerates, attention shifts to the material innovators enabling next-generation nickel-metal hydride batteries. This report profiles the Top 10 Companies in the Ni-MH Battery Anode Material Market – a group of specialized manufacturers and technology developers shaping the future of hydrogen storage alloys and battery components.
🔟 1. BTR New Material Group Co., Ltd.
Headquarters: Shenzhen, China
Key Offering: Nickel hydroxide, AB5-type hydrogen storage alloys
As the global leader in battery materials, BTR supplies advanced anode materials for Ni-MH batteries across multiple industries. The company’s proprietary hydrogen storage alloys demonstrate superior cycle life and energy density characteristics.
Technology Advantages:
- Exclusive surface modification technologies enhancing electrochemical performance
- 16,000 tons annual production capacity with 98% material utilization rate
- Strategic R&D partnerships with major battery manufacturers worldwide
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Global Ni-MH Battery Anode Material Market – View in Detailed Research Report
9️⃣ 2. Shanghai Putailai New Energy Technology Co., Ltd.
Headquarters: Shanghai, China
Key Offering: Rare-earth based hydrogen storage alloys
Putailai specializes in high-performance anode materials for automotive-grade Ni-MH batteries, with particular expertise in optimizing charge/discharge efficiency and thermal stability.
Technology Advantages:
- Proprietary alloy composition with enhanced hydrogen absorption properties
- Fully integrated production from raw material processing to finished product
8️⃣ 3. Guangdong Kaijin New Energy Technology Corp., Ltd.
Headquarters: Guangzhou, China
Key Offering: AB2 and AB5 type hydrogen storage alloys
Kaijin has established itself as a key supplier for China’s expanding electric vehicle battery market, with materials known for their corrosion resistance and stable discharge characteristics.
Technology Advantages:
- Advanced melt-spinning production technology ensuring material consistency
- Custom alloy development services for specialized battery applications
7️⃣ 4. Hitachi, Ltd.
Headquarters: Tokyo, Japan
Key Offering: High-capacity rare-earth hydrogen storage alloys
Hitachi’s Materials Division produces premium anode materials with decades of experience in rare-earth metal hydride technology, serving both industrial and automotive applications.
Technology Advantages:
- Industry-leading hydrogen absorption capacity and thermal stability
- Primary supplier for Toyota’s hybrid vehicle battery programs
Download FREE Sample Report:
Global Ni-MH Battery Anode Material Market – View in Detailed Research Report
6️⃣ 5. Sunward Intelligent Equipment Co., Ltd.
Headquarters: Changsha, China
Key Offering: Nickel-based hydrogen storage materials
Sunward focuses on heavy-duty applications, developing specialized anode materials for industrial energy storage systems and construction equipment batteries.
Technology Advantages:
- High-power anode materials supporting rapid charge/discharge cycles
- Enhanced durability for extreme operating conditions
5️⃣ 6. Hunan Shinzoom Technology Co., Ltd.
Headquarters: Hunan, China
Key Offering: Rare-earth-free hydrogen storage alloys
Shinzoom has pioneered cost-effective anode material solutions that significantly reduce reliance on rare-earth elements, addressing critical supply chain concerns in the battery industry.
Technology Advantages:
- Innovative alloy designs minimizing rare-earth content while maintaining performance
- 30% cost reduction compared to traditional rare-earth based materials
4️⃣ 7. Ningbo Shanshan Co., Ltd.
Headquarters: Ningbo, China
Key Offering: Composite hydrogen storage materials
Shanshan has emerged as a leader in composite anode materials, combining multiple alloy types to optimize battery performance across different operating conditions.
Technology Advantages:
- Multi-component alloy systems for tailored electrochemical properties
- Materials engineered for high-temperature battery applications
3️⃣ 8. Shouhang High-tech Energy Co., Ltd.
Headquarters: Beijing, China
Key Offering: High-rate hydrogen storage alloys
Shouhang specializes in fast-charging anode materials primarily serving the consumer electronics and power tool markets, where rapid energy delivery is critical.
Technology Advantages:
- Patented surface treatment processes enhancing charge acceptance
- Materials supporting discharge rates up to 10C
2️⃣ 9. Shenzhen Xfh Technology Co., Ltd.
Headquarters: Shenzhen, China
Key Offering: Nano-structured hydrogen storage materials
Xfh Technology leverages nanotechnology to develop advanced anode materials that significantly improve the electrochemical performance of Ni-MH batteries through enhanced surface reactivity.
Technology Advantages:
- Nano-coating technologies increasing active surface area by 40%
- Cycle life extension up to 1,500 cycles at 80% capacity retention
1️⃣ 10. Santoku Corporation
Headquarters: Kobe, Japan
Key Offering: Ultra-fine hydrogen storage alloys
With over 50 years in rare-earth metal processing, Santoku produces some of the most precisely engineered anode materials for high-performance Ni-MH battery applications.
Technology Advantages:
- Sub-micron particle size distributions for optimal packing density
- Materials trusted by premium battery manufacturers worldwide
Read Full Report:
Global Ni-MH Battery Anode Material Market – View in Detailed Research Report
🔋 Outlook: The Evolving Landscape of Ni-MH Battery Materials
The Ni-MH battery anode material sector is undergoing significant transformation as new technologies emerge to meet increasingly demanding energy storage requirements. While traditional applications continue to drive current demand, emerging sectors are accelerating material innovation.
📈 Key Market Developments:
- Accelerated development of rare-earth-free hydrogen storage alloys
- Growing adoption in grid-scale energy storage applications
- Advanced nanostructuring techniques enhancing material performance
- Increased focus on sustainable production processes and recycling
Read Full Report:
Global Ni-MH Battery Anode Material Market – View in Detailed Research Report
The companies profiled above are not merely material suppliers – they are technological innovators driving the evolution of energy storage through continuous advancements in nickel-metal hydride battery anode materials.
