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Automotive Lithium-ion Batteries Carbon Black Market Size, Share, Growth, and Industry Analysis, By Type (Lamp Black, Acetylene Black, Gas Black, Others) By Application (Direct Edible, Deep Processing) Regional Forecast From 2025 To 2034
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AUTOMOTIVE LITHIUM-ION BATTERIES CARBON BLACK MARKET OVERVIEW
The global Automotive Lithium-ion Batteries Carbon Black Market size stood at USD 0.18 billion in 2025, growing further to USD 1.13 billion by 2034 at an estimated CAGR of 22.43% from 2025 to 2034.
The United States Automotive Lithium-ion Batteries Carbon Black Market size is projected at USD 0.06357 billion in 2025, the Europe Automotive Lithium-ion Batteries Carbon Black Market size is projected at USD 0.05819 billion in 2025, and the China Automotive Lithium-ion Batteries Carbon Black Market size is projected at USD 0.03467 billion in 2025.
The global COVID-19 pandemic has been unprecedented and staggering, with automotive lithium-ion batteries carbon black market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Rechargeable automotive lithium-ion batteries are used in electric vehicles to store energy and power the electric motor. The anode, cathode, and electrolyte are typically the components that make up these batteries. Typically, graphite is used as the anode, while a metal oxide like lithium cobalt oxide, lithium manganese oxide, or lithium iron phosphate is used as the cathode. Most of the time, the electrolyte is a lithium salt in an organic solvent.
Carbon black is a material that is normally utilized in the production of lithium-particle batteries. The incomplete combustion of hydrocarbons results in the production of this particular type of elemental carbon. To increase the surface area and conductivity of lithium-ion batteries, carbon black is added to the anode. The battery is able to store and deliver more power as a result of this. The automotive lithium-ion batteries carbon black market is expected to grow in the coming years due to the increasing adoption of hybrid electric vehicles (HEVs) and electric vehicles (EVs) worldwide and the demand for high-performance and sustainable carbon black materials.
KEY FINDINGS
- Market Size and Growth: USD 0.18 billion in 2025, growing further to USD 1.13 billion by 2034 at an estimated CAGR of 22.43% from 2025 to 2034.
- Key Market Driver: with global passenger EV sales projected in the tens of millions annually (IEA: EV battery demand +40% in 2023 vs 2022).
- Major Market Restraint: The carbon black industry faces feedstock and capacity volatility: global carbon black volumes are measured in ~14–15 million tonnes annually
- Emerging Trends: the industry’s focus on furnace CB sustainability/PCF data is driving material selection in battery supply chains.
- Regional Leadership: Asia-Pacific dominates carbon black production and consumption, holding ~51–58% market share of the global market in recent estimates
- Competitive Landscape: Major carbon-black producers operate dozens of global plants concentrating specialty and battery lines among large incumbents.
- Market Segmentation: around ~USD 3.0 billion (2024) in specialist studies, reflecting the premium, lower-volume nature of battery-grade products.
- Recent Development: a step that links cradle-to-gate PCF standards with downstream battery-material sustainability requirements.
COVID-19 IMPACT
Pandemic Hampered the Demand for Market
The global automotive industry experienced supply chain and production disruptions during the pandemic, which resulted in a decrease in demand for automotive lithium-ion batteries. The demand for carbon black, which is a conductive additive in lithium-ion batteries, suffered as a result. Automotive lithium-ion batteries carbon black saw a drop in demand and prices as a result. The demand for lithium-ion batteries and carbon black has also been affected by the pandemic's impact on consumer demand for electric vehicles. However, as governments around the world promote the use of electric vehicles to reduce carbon emissions, some experts anticipate that demand for lithium-ion batteries and electric vehicles will rebound following the pandemic. Overall, the COVID-19 pandemic has had a negative impact on the automotive lithium-ion batteries carbon black market. However, the long-term outlook for the market remains positive due to the anticipated rise in demand for electric vehicles and lithium-ion batteries.
LATEST TRENDS
Growing Demand for High-Performance Carbon Black Materials to Fuel Market Growth
The rising demand for high-performance carbon black materials that are able to meet the particular requirements of manufacturers of EVs and HEVs is one of the most important trends in the carbon black market for automotive lithium-ion batteries. This includes creating cutting-edge carbon black materials that can improve lithium-ion batteries' thermal stability, conductivity, and cycle life. One more pattern in the market is the rising interest for practical and eco-accommodating carbon black materials. To meet the growing demand for sustainable products and reduce their carbon footprint, many businesses are looking into ways to produce carbon black using recycled materials and renewable energy sources. Furthermore, the market for automotive lithium-ion batteries carbon black is also witnessing an increasing number of collaborations and partnerships among key players to expand their product portfolios and increase their market share. This includes collaborations between carbon black manufacturers and lithium-ion battery producers to develop new and advanced products for the automotive industry.
- EV battery demand exceeded 750 GWh in 2023, concentrating battery-grade conductive additive needs into a rapidly expanding battery manufacturing footprint.
- In Europe alone, recovered carbon black could substitute ~250–550 thousand tonnes per year of conventional carbon black in certain applications, accelerating circular options for battery supply chains.
AUTOMOTIVE LITHIUM-ION BATTERIES CARBON BLACK MARKET SEGMENTATION
By Type Analysis
According to type, the market can be segmented into Lamp Black, Acetylene Black, Gas Black.
By Application Analysis
Based on application, the market can be divided into LFP Automotive, LMO Automotive, NCA/M Automotive and Others.
DRIVING FACTORS
Rising Demand for Electric Vehicles to Stimulate Market Growth
One of the primary drivers of the market is the rising demand for electric vehicles (EVs). The demand for lithium-ion batteries is rising with the popularity of EVs, which in turn is driving the demand for carbon black, a crucial component of these batteries. The market's expansion is also being driven by consumer awareness and education about the advantages of electric vehicles and sustainable energy. Lithium-ion batteries and carbon black will continue to be in high demand as consumers become more aware of the environmental advantages of electric vehicles (EVs) over conventional gasoline-powered automobiles.
Increasing Focus on Sustainable Energy to Accelerate Market Demand
Carbon black and lithium-ion batteries are in high demand as a result of the growing emphasis on environmentally friendly energy sources. Due to their capacity to store renewable energy from sources like solar and wind power, lithium-ion batteries are regarded as a key technology in the transition to a more sustainable future for energy. A crucial component in the production of these batteries is carbon black. Through a variety of initiatives and policies, governments all over the world are supporting the expansion of the automotive carbon black market for lithium-ion batteries and encouraging the use of electric vehicles which will boost automotive lithium-ion batteries carbon black market growth.
- Cell capacity expansion: Risk-adjusted global lithium-ion cell manufacturing capacity was reported at ~3.8 TWh by end-2025 in battery analyst forecasts — creating large absolute demand for conductive additives per GWh produced.
- Furnace CB dominance & sustainability push: ~95% of volumes among ICBA members are furnace carbon black; the ICBA’s PCF release is accelerating buyer preference for low-PCF carbon blacks in battery and automotive supply chains.
RESTRAINING FACTORS
High Cost of Raw Materials and Safety Concerns to Restrict Market Growth
The price of raw materials like graphite, cobalt, and nickel, which are used to make lithium-ion batteries, can fluctuate quickly and be expensive. Manufacturers may find it challenging to accurately predict their costs and pricing strategies as a result. If they are misused or damaged, lithium-ion batteries have been known to catch fire or explode. Consumers and regulators may face safety concerns as a result, which may limit the use of automotive lithium-ion batteries carbon black in electric vehicles and other applications.
- Feedstock and capacity constraints: Global carbon black volumes are on the order of ~14–15 million tonnes per year, with the tire industry still consuming the largest share—limiting near-term reallocations to battery specialty grades.
- Quality limitations for rCB: Recovered carbon black currently can substitute only an estimated 10–20% of traditional applications in many cases (quality/grade limits), which constrains immediate replacement potential for high-performance battery uses.
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AUTOMOTIVE LITHIUM-ION BATTERIES CARBON BLACK MARKET REGIONAL INSIGHTS
Growing Demand in Asia-Pacific Anticipated to Boost Market Expansion
Asia-Pacific holds the leading position in automotive lithium-ion batteries carbon black market share due to the high demand for electric cars in nations like South Korea, Japan, and China. As a result of rising demand for high-performance lithium-ion batteries and the expanding market for electric vehicles, the region is anticipated to maintain its dominance in the upcoming years.
KEY INDUSTRY PLAYERS
Adoption Innovative Strategies by Key Players Influencing Market Growth
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio.
The top key players in the market are Cabot Corporation, Imerys, Denka Company, Orion Engineered Carbons, Birla Carbon, Tokai Carbon, Phillips Carbon Black, Lion Specialty Chemicals, Xiahuayuan Xuguang Chemical. The strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the market competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession over market shares by the key players stimulates market demand.
- Orion Engineered Carbons: Operates 15 manufacturing plants worldwide and has launched a battery materials plant initiative in Texas to serve battery markets.
- Imerys: The Imerys group reports about ~12–15k employees globally (company disclosures show ~12,400–15,060 employees in recent reports), underpinning its mineral-specialty scale.
List of Top Automotive Lithium-ion Batteries Carbon Black Companies
- Orion Engineered Carbons
- Imerys
- Shandong Huibaichuan New Materials
- Xiahuayuan Xuguang Chemical
- Tokai Carbon
- Beilum Carbon Chemical
- Mitsubishi Chemical
- Phillips Carbon Black
- Geotech International
- Omsk Carbon Group
- Denka Company
- Shanxi Fulihua Chemical Materials
- Cabot Corporation
- Zaozhuang Xinyuan Chemical Industry
- China Synthetic Rubber
- Shandong Emperor-Taishan Carbon
- Birla Carbon
REPORT COVERAGE
This report examines an understanding of the automotive lithium-ion batteries carbon black market’s size, share, and growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.
Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.
Attributes | Details |
---|---|
Market Size Value In |
US$ 0.18 Billion in 2025 |
Market Size Value By |
US$ 1.13 Billion by 2034 |
Growth Rate |
CAGR of 22.43% from 2025 to 2034 |
Forecast Period |
2025TO2034 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
|
By Type
|
|
By Application
|
FAQs
The Automotive Lithium-ion Batteries Carbon Black Market is expected to reach USD 1.13 billion by 2034.
The Automotive Lithium-ion Batteries Carbon Black Market is expected to exhibit a CAGR of 22.43% by 2034.
The Automotive Lithium-ion Batteries Carbon Black Market is USD 0.18 billion in 2025.
The Automotive Lithium-ion Batteries Carbon Black Market is segmented by Type Lamp Black, Acetylene Black, Gas Black, Others And Application Direct Edible, Deep Processing
North America leads the market
Orion Engineered Carbons, Imerys, Shandong Huibaichuan New Materials, Xiahuayuan Xuguang Chemical, Tokai Carbon, Beilum Carbon Chemical, Mitsubishi Chemical, Phillips Carbon Black, Geotech International, Omsk Carbon Group, Denka Company, Shanxi Fulihua Chemical Materials, Cabot Corporation, Zaozhuang Xinyuan Chemical Industry, China Synthetic Rubber, Shandong Emperor-Taishan Carbon, Birla Carbon the top companies operating in the Automotive Lithium-ion Batteries Carbon Black Market.