Graphitized Carbon Black (GCB) Market Report 2026

The graphitized carbon black (gcb) market size has grown strongly in recent years. It will grow from $1.56 billion in 2025 to $1.67 billion in 2026 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to growth of specialty carbon materials, adoption in conductive coatings, expansion of polymer additives, demand for thermal stability materials, development of advanced carbon processing.

The graphitized carbon black (gcb) market size is expected to see strong growth in the next few years. It will grow to $2.2 billion in 2030 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to growth of electric vehicle batteries, expansion of renewable energy storage, rising electronics conductivity needs, investment in advanced materials, innovation in carbon surface modification. Major trends in the forecast period include rising use in lithium ion batteries, growing demand for conductive polymers, expansion in high performance coatings, increased adoption in energy storage systems, focus on high purity carbon materials.

The rising demand for electric vehicles is expected to drive the growth of the graphitized carbon black (GCB) market going forward. Electric vehicles (EVs) are automobiles powered by electric motors using energy stored in rechargeable batteries instead of internal combustion engines. This demand is fueled by government incentives such as subsidies, tax credits, and stricter emission regulations, making EVs more affordable and accelerating adoption. Graphitized carbon black (GCB) is widely used in lithium-ion batteries of EVs as a conductive additive in cathodes and anodes, improving electrical conductivity, energy density, and cycle life. For instance, in April 2024, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, global electric car sales in 2023 rose by 3.5 million compared to 2022, marking a 35% year-over-year increase. Therefore, the growing adoption of electric vehicles is driving the growth of the graphitized carbon black (GCB) market.

The expanding demand from consumer electronics is also expected to propel the growth of the graphitized carbon black (GCB) market. Consumer electronics include devices intended for everyday use, such as smartphones, wearables, laptops, smart appliances, and other connected technologies. Rising digitalization, IoT adoption, and consumer preference for smart, portable, and connected devices have increased demand for these products. Graphitized carbon black serves as a conductive additive and filler in batteries and electronic components, enhancing electrical conductivity, electrode performance, and enabling compact high-performance devices. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, total consumer electronics production in Japan reached $209.16 million (¥32,099 million), up from $164.65 million (¥25,268 million) in May 2022. Therefore, growing consumer electronics demand is supporting the expansion of the GCB market.

Major companies in the graphitized carbon black (GCB) market are focusing on technological innovations, such as integrating weak anion-exchange (WAX) techniques, to improve efficiency, accuracy, and speed in analytical applications, particularly for environmental contaminant testing like PFAS analysis. Weak anion exchange (WAX) is a chromatographic method that selectively retains and separates anionic compounds, such as negatively charged contaminants, through electrostatic interactions. For instance, in March 2024, Waters Corporation, a U.S.-based analytical instruments and software company, launched Oasis WAX/GCB and GCB/WAX cartridges to streamline PFAS sample preparation by combining two clean-up steps, reducing processing time. These QC-tested cartridges ensure low residual PFAS levels, minimizing contamination risks and improving laboratory efficiency by eliminating manual steps like weighing, shaking, centrifugation, and filtration. With stricter PFAS regulations and oversight, Waters’ new cartridges provide a reliable solution for environmental testing.

Major companies operating in the graphitized carbon black (gcb) market are Mitsubishi Chemical Corporation, Imerys Graphite & Carbon, Cabot Corporation, Denka Company Limited, Orion Engineered Carbons S.A., Phillips Carbon Black Limited, Longxing Chemical Stock Co. Ltd., Himadri Speciality Chemical Ltd., Birla Carbon, Asbury Carbons, Continental Carbon Company, Cancarb Limited, Shandong Huibaichuan New Materials Co. Ltd., Omsk Carbon Group, Tokai Carbon Co., Ltd., Sid Richardson Carbon & Energy Co., Ralson Goodluck Carbon Pvt. Ltd., Jiangxi Black Cat Carbon Black Inc., Ltd., Anyang HengXu Specialty Carbon Black Co. Ltd., Beilum Carbon Chemical Limited, Shandong Emperor‑Taishan Carbon Co., Ltd., Zaozhuang Xinyuan Chemical Industry Co., Ltd., Geotech International B.V.

North America was the largest region in the graphitized carbon black (GCB) market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the graphitized carbon black (gcb) market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the graphitized carbon black (gcb) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, 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.

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