Lithium-Ion Battery Anode Companies

The global lithium-ion battery anode market is projected to grow from USD 19.06 billion in 2025 to USD 81.24 billion by 2030, at a CAGR of 33.6% during the forecast period. This market is experiencing significant growth driven by the increasing demand for EVs, consumer electronics, and energy storage systems. This growth is primarily attributed to the transition toward clean energy sources and the need for more efficient energy storage solutions.

Lithium-Ion Battery Anode Companies

Ningbo Shanshan Co., Ltd. (China), Jiangxi Zhengtuo New Energy Technology (China), Resonac Holdings Corporation (Japan), POSCO FUTURE M (South Korea), Mitsubishi Chemical Group Corporation (Japan), and SGL Carbon (Germany) are the major players in this market. To increase their market share, these players have adopted the strategies of acquisitions, agreements, partnerships, collaborations, product launches, joint ventures, and expansions.

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Ningbo Shanshan Co., Ltd. (China)

Ningbo Shanshan Co., Ltd. is engaged in the R&D, production, and sales of lithium battery materials, including cathode materials, anode materials, and electrolytes. The company offers a wide range of products, including polarizers, lithium cobalt oxide, lithium nickel cobalt manganate, lithium nickel cobalt aluminate, lithium manganate, electrolytes, lithium hexafluorophosphate, lithium salts, and various anode materials such as artificial graphite, natural graphite, and silicon-based anodes. Ningbo Shanshan Co., Ltd. has a significant presence in China, with operations extending to Ningbo, Shanghai, Changsha, Ningxia, and Dongguan. The company caters to a diverse range of industries, including electronics, energy storage, electric vehicles, and new energy technologies, by providing essential materials for lithium batteries and polarizers. The company operates through business segments, namely, Polarizer, Lithium Battery Material, New Energy Vehicle, and Others. The company offers anode materials under the Lithium Battery Material segment, which includes artificial graphite, natural graphite, and silicon-based anodes.

Jiangxi Zhengtuo New Energy Technology (China)

Jiangxi Zhengtuo New Energy Technology is one of the leading players involved in the development, manufacture, and sale of anode materials for lithium-ion battery anodes. The company offers its products under four product divisions: Power Type Negative Electrode, Energy Storage Type Negative Electrode, Digital Negative, and New Category Negative. The company’s products are mainly used in lithium-ion power batteries for electric vehicles, power tools, electric buses, energy storage power stations, mobile energy storage vehicles, low-speed walkers, digital electronic products, and other battery materials. Jiangxi Zhengtuo New Energy Technology has applied for 52 national patents, including 22 invention patents and 30 utility model patents. It has a strong presence in China, with most of its research & development centers, along with production sites, situated in the country.

Resonac Holdings Corporation (Japan)

Showa Denko K.K. and Showa Denko Materials Co., Ltd. merged and transformed themselves into the newly integrated company Resonac, which is one of the leading companies manufacturing lithium-ion battery materials. Resonac Holdings Corporation operates through four business segments, namely, Semiconductor and Electronic Materials, Chemicals, Innovation Enabling Materials, and Mobility. The company provides lithium-ion battery anodes through the Mobility segment. Through the Mobility segment, the company offers automotive products (plastic molded products, friction materials, and powder metal products) and lithium-ion battery materials (aluminum laminated film SPALF, additive to cathodes and anodes, and carbon anode materials). The company has a presence in North America, South America, the Middle East & Africa, Europe, and the Asia Pacific. It has research & development centers in Tsukuba and Chikusei, Japan, among others.

POSCO FUTURE M (South Korea)

POSCO FUTURE M is a subsidiary of the POSCO Group. The company is a key player in the rechargeable battery materials industry, driving green energy transition with industry-leading products and cutting-edge technologies, and is also involved in the construction and maintenance of refractories. The company operates through 3 business divisions, namely, Battery Materials, Advanced Chemical Materials, and Basic Industrial Materials. The company offers a range of essential components for rechargeable batteries, including cathode and anode active materials. It provides lithium-ion battery anode material under its Battery Materials division. In terms of anode active materials (AAM), the company provides natural graphite anode materials known for their high conductivity, energy density, and longevity. POSCO FUTURE M has a presence in the Asia Pacific and North America, with operations in South Korea, China, Canada, the US, and Indonesia. The company has manufacturing plants in Sejong, Seoul, Gumi, Pohang, and Gwangyang.

Mitsubishi Chemical Group Corporation (Japan)

Mitsubishi Chemical Group Corporation is a Japanese company that was formed by a merger of Mitsubishi Chemical Corporation and Mitsubishi Pharma Corporation. The company operates its business through the following business segments, namely, Chemicals, Performance Products, Industrial Gases, Health Care, and Others. The company provides lithium-ion battery anodes under its Performance Products segment. It also offers various products other than lithium-ion battery anodes, such as polymers, carbon fibers, alumina fiber, batteries, and fibers & textiles. Mitsubishi Chemical Corporation has production plants in various cities in Japan, including Kamisu, Toyama, Aichi, Yokkaichi, Nagahama, Maibara, Okayama, Hiroshima, Sakaide, Fukuoka, Iwaki, Yokohama, Hiratsuka, Ogaki, and Uto.

Market Ranking

In the global lithium-ion battery anode market, companies are ranked based on revenue, production capacity, technological innovation, and market presence. Leading players such as Ningbo Shanshan Co., Ltd. (China), Jiangxi Zhengtuo New Energy Technology (China), Resonac Holdings Corporation (Japan), POSCO FUTURE M (South Korea), Mitsubishi Chemical Group Corporation (Japan), and SGL Carbon (Germany) are playing a crucial role in the global supply, accounting for a significant share of total lithium-ion battery anode production and exports. Key players continually invest in capacity expansions and strategic alliances to strengthen their market position. Strategic acquisitions, agreements, partnerships, collaborations, product launches, joint ventures, and expansions are key competitive forces shaping the market, as companies aim to enhance scalability, manufacturing efficiency, and cost-effectiveness in response to increasing demand in the chemical sector and global sustainability regulations.

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Lithium-ion Battery Anode Market by Material (Active Anode Materials and Anode Binders), Battery Product (Cell and Battery Pack), End-use (Automotive and Non-automotive), Production Technology, and Region - Global Forecast to 2030