FMI opines the hard carbon anode materials market was valued at USD 6.3 billion in 2025. Demand is expected to advance to USD 7.5 billion in 2026 and USD 44.5 billion by 2036. Bio-based is poised to lead by Precursor Source with 45.0% share in 2026 and Sodium-ion Batteries is estimated to lead by Battery Technology with 62% in 2026.