Graphitized Carbon Black (GCB) Market Report 2025: GCB Value Projected to hit $2.13 Billion by 2029, Registering CAGR of 7.7%

The graphitized carbon black (GCB) market is projected to expand from $1.46 billion in 2024 to $2.13 billion by 2029, driven by demand for EV/lithium-ion batteries and advancements in GCB applications and manufacturing. Key players include Mitsubishi Chemical, Cabot Corp., and Imerys. Asia-Pacific leads growth.


Dublin, June 23, 2025 (GLOBE NEWSWIRE) -- The "Graphitized Carbon Black (GCB) Market Report 2025" has been added to ResearchAndMarkets.com's offering.

The graphitized carbon black (GCB) market is poised for robust expansion, growing from $1.46 billion in 2024 to an anticipated $2.13 billion by 2029, with a compound annual growth rate (CAGR) of 7.7%. This growth trajectory underscores the escalating demand for conductive materials, particularly within the automotive industry, which is transitioning towards electric vehicles and lightweight, high-performance materials.

The rising adoption of GCB in lithium-ion batteries and its expanding applications in conductive coatings and inks are pivotal factors driving this market. The surge in electric vehicle (EV) adoption, augmented by government incentives and stringent emission standards, fuels this growth. Notably, graphitized carbon black is integral to enhancing the electrical conductivity, energy density, and cycle life of EV batteries. For instance, the International Energy Agency reported a significant YoY increase in electric car sales by 35% in April 2024, spotlighting the sector's expansion as a catalyst for GCB demand.

In terms of technological advancements, key industry players like Waters Corporation are pioneering innovations such as the integration of Anion-Exchange (WAX) technology for efficiency in environmental contaminant testing as well as PFAS analysis. The introduction of products like the Oasis WAX/GCB and GCB/WAX Cartridges exemplifies the focus on enhancing laboratory efficiency and accuracy, in response to rising regulatory demands.

Mergers and acquisitions remain a strategic approach in the sector's growth. Cabot Corporation's acquisition of Tokai Carbon (Tianjin) Co. Ltd. in March 2022 for $9 million exemplifies efforts to strengthen capabilities in battery materials, particularly concerning conductive carbon black used in lithium-ion batteries.

The GCB market comprises a diverse range of products, including high-purity, conductive, reinforcing, lubricating, and thermally conductive carbon blacks, with applications spanning plastics, coatings, inks, automotive batteries, and beyond. Market leaders such as Mitsubishi Chemical Corporation, Imerys Graphite & Carbon, and Cabot Corporation continue to lead through innovation and expansion.

Regionally, while North America was the largest market for GCB in 2024, Asia-Pacific is expected to outpace other regions in growth, driven by rapid industrialization and increased demand for advanced materials. Countries like China, Japan, and India are key contributors to this growth trajectory.

The GCB market report delivers comprehensive insights into industry trends, competitive landscapes, and future opportunities, providing a strategic outlook for businesses to capitalize on emerging trends and technologies within the industry.

The Graphitized Carbon Black market report offers a detailed look at market characteristics, size and growth, segmentation, regional and national breakdowns, competitive landscape, and trends and strategies.

  • Market Characteristics: Definitions and explanations of the GCB market.
  • Market Size: Historical and projected market size in terms of revenue.
  • Forecast Considerations: Evaluates impacts from recent global events such as geopolitical conflicts, inflation surges, interest rate fluctuations, and pandemic aftermaths.
  • Segmentation: In-depth breakdown into sub-markets.
  • Regional Breakdowns: Analysis of the market size and growth per region, including COVID-19 growth trajectories across various market segments.
  • Competitive Landscape: Overview of competitive dynamics, market shares, and leading players, highlighting significant financial transactions influencing the market.
  • Trends and Strategies: Insights into market evolution post-crisis and strategies for business growth during recovery phases.

Companies Featured

The companies featured in this Graphitized Carbon Black (GCB) market report include:

  • 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

Key Attributes:

Report AttributeDetails
No. of Pages175
Forecast Period2025 - 2029
Estimated Market Value (USD) in 2025$1.58 Billion
Forecasted Market Value (USD) by 2029$2.13 Billion
Compound Annual Growth Rate7.7%
Regions CoveredGlobal



Key Topics Covered:

  • Executive Summary
  • Graphitized Carbon Black (GCB) Market Characteristics
  • Graphitized Carbon Black (GCB) Market Trends and Strategies
  • Graphitized Carbon Black (GCB) Market - Macro Economic Scenario
  • Global Graphitized Carbon Black (GCB) Growth Analysis and Strategic Analysis Framework
    • Global Graphitized Carbon Black (GCB) PESTEL Analysis
    • Analysis of End Use Industries
    • Global Graphitized Carbon Black (GCB) Market Growth Rate Analysis
    • Segmentation by Type
    • Segmentation by Production
    • Segmentation by Grade
    • Segmentation by Application
    • Segmentation by End-User Industry
  • Graphitized Carbon Black (GCB) Market Competitive Landscape and Company Profiles
  • Graphitized Carbon Black (GCB) Market Other Major and Innovative Companies
  • Global Graphitized Carbon Black (GCB) Market Competitive Benchmarking and Dashboard
  • Key Mergers and Acquisitions in the Graphitized Carbon Black (GCB) Market
  • Recent Developments in the Graphitized Carbon Black (GCB) Market
  • Graphitized Carbon Black (GCB) Market High Potential Countries, Segments and Strategies
    1. Countries Offering Most New Opportunities
    2. Segments Offering Most New Opportunities
    3. Growth Strategies

    For more information about this report visit https://www.researchandmarkets.com/r/ucdl

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    Graphitized Carbon Black (GCB) Market

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