PUBLISHER: The Business Research Company | PRODUCT CODE: 1730882
PUBLISHER: The Business Research Company | PRODUCT CODE: 1730882
Graphitized carbon black (GCB) is a high-purity carbon material created through controlled heat treatment processes. This treatment enhances its conductivity, thermal stability, and structural properties, making it suitable for a wide range of applications, including batteries, coatings, polymers, and conductive materials to improve performance and durability.
The main types of graphitized carbon black (GCB) include high-performance graphitized carbon black, standard graphitized carbon black, and specialty graphitized carbon black. High-performance graphitized carbon black is produced through extensive heat treatment to increase its purity, conductivity, and structural stability. Production processes for GCB include continuous, batch, and modified methods. GCB comes in various grades, such as oil-filled, wax-filled, and non-filled types. Key applications for GCB span across industries such as plastics, coatings, inks, automotive batteries, consumer goods, construction, electrical, aerospace, and healthcare.
The graphitized carbon black (GCB) market research report is one of a series of new reports from The Business Research Company that provides graphitized carbon black (GCB) market statistics, including graphitized carbon black (GCB) industry global market size, regional shares, competitors with a graphitized carbon black (GCB) market share, detailed graphitized carbon black (GCB) market segments, market trends and opportunities, and any further data you may need to thrive in the graphitized carbon black (GCB) industry. This graphitized carbon black (GCB) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The graphitized carbon black (GCB) market size has grown strongly in recent years. It will grow from $1.46 billion in 2024 to $1.58 billion in 2025 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to the increasing demand for conductive materials, rising use of graphitized carbon black (GCB) in the rubber industry, growing need for lightweight and high-performance materials in the automotive industry, increasing global steel production, and the overall expansion of the automotive sector.
The graphitized carbon black (GCB) market size is expected to see strong growth in the next few years. It will grow to $2.13 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period is expected to be driven by rising demand from the automotive industry, growing adoption of GCB in lithium-ion batteries, expanding use in conductive coatings and inks, increasing focus on sustainable materials, and the growing rubber and plastics industries. Additionally, the rise of electric vehicles (EVs) will contribute significantly to the market expansion. Key trends in the forecast period include advancements in manufacturing processes, digitalization of carbon black production, integration of GCB in 3D printing technologies, collaborations for innovation, and the development of advanced characterization techniques.
The increasing demand for electric vehicles is expected to propel the growth of the graphitized carbon black (GCB) market in the future. Electric vehicles (EVs) are powered by electric motors that use energy stored in rechargeable batteries, replacing internal combustion engines. The rise in EV demand is primarily driven by government incentives such as subsidies, tax credits, and stricter emission regulations, making EVs more affordable and accelerating their adoption. Graphitized carbon black (GCB) is commonly used in the lithium-ion batteries of electric vehicles as a conductive additive in both cathodes and anodes, enhancing electrical conductivity, energy density, and cycle life. For example, in April 2024, the International Energy Agency (IEA) reported a 35% year-over-year increase in electric car sales, with 3.5 million more vehicles sold in 2023 compared to 2022. As a result, the rise in electric vehicle demand is driving growth in the graphitized carbon black market.
In the graphitized carbon black (GCB) market, leading companies are focusing on technological advancements to improve efficiency, accuracy, and speed, particularly in environmental contaminant testing, such as PFAS analysis. One such advancement is the integration of weak Anion-Exchange (WAX) technology, a chromatographic technique that uses a weakly basic functional group to selectively retain and separate anionic compounds such as contaminants based on their electrostatic interactions. For instance, in March 2024, Waters Corporation, a U.S.-based company specializing in analytical instruments and software, launched the Oasis WAX/GCB and GCB/WAX Cartridges. These cartridges combine two clean-up steps to streamline PFAS sample preparation, reducing processing time. They are QC-tested for low residual PFAS, ensuring accuracy and minimizing contamination risks. By eliminating manual steps such as weighing, shaking, centrifugation, and filtration, these cartridges improve laboratory efficiency. Given the rising regulatory focus on PFAS, Waters' new cartridges offer a reliable solution for environmental testing.
In March 2022, Cabot Corporation, a U.S.-based specialty chemicals and performance materials company, acquired Tokai Carbon (Tianjin) Co. Ltd. for $9 million. This acquisition aims to strengthen Cabot's Battery Materials product line, particularly in the use of conductive carbon black for lithium-ion batteries. Tokai Carbon (Tianjin) Co., Ltd., a Japan-based company, specializes in manufacturing graphitized carbon black.
Major players in the graphitized carbon black (gcb) market are Mitsubishi Chemical Corporation, Imerys Graphite & Carbon, Cabot Corporation, Waters Corporation, Denka Company Limited, Orion Engineered Carbons S.A., Phillips Carbon Black Limited, Longxing Chemical Stock Co. Ltd., China Synthetic Rubber Corporation, Himadri Speciality Chemical Ltd., Birla Carbon, Phenomenex, Asbury Carbons, Continental Carbon Company, Cancarb Limited, Shandong Huibaichuan New Materials Co. Ltd., Markes International, Biosynth, Alfa Chemistry, Klean Industries Inc., Labsert Chemical, Omsk Carbon Group.
North America was the largest region in the graphitized carbon black (GCB) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in graphitized carbon black (GCB) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the graphitized carbon black (GCB) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The graphitized carbon black (GCB) market consists of sales of high-purity graphitized carbon black, conductive graphitized carbon black, reinforcing graphitized carbon black, lubricating graphitized carbon black, and thermally conductive graphitized carbon black. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Graphitized Carbon Black (GCB) Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on graphitized carbon black (gcb) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for graphitized carbon black (gcb) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The graphitized carbon black (gcb) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.