Product Code: SR112023A4742
Abstract
The global photocatalyst market size reached US$ 2.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.43% during 2022-2028.
Photocatalyst is a substance that catalyzes the main reaction in photocatalysis. It absorbs light to bring it to a higher energy level and provides energy to a reacting substance, which results in a chemical reaction. It also destructs and degrades pollutants at ambient temperature and pressure compared to current air and water purification technologies. It is made using easily available materials, such as metal oxides, metal sulfides, oxysulfides, oxynitrides, and composites, and well-known techniques. As it is cost-efficient and consumes lesser energy, the demand for photocatalyst is escalating around the world.
Photocatalyst Market Trends:
There is currently a considerable scarcity of water on account of rapid industrialization and depleting freshwater resources worldwide. This represents one of the key factors impelling the market growth. Photocatalysts have superior chemical properties and the ability to decompose organic compounds that enhance the water treatment process. They are also environment friendly as they do not exhibit toxicity and absorb lamplight or sunlight for their functioning. Moreover, as they are made with self-cleaning materials and act as a barrier for dust and stains, photocatalysts are increasingly employed in the construction industry. This, along with the escalating demand for low volatile organic compounds (VOC) coatings and the expansion of the construction industry, is contributing to market growth. Furthermore, leading manufacturers are continuously investing in research and development (R&D) activities to introduce innovative photocatalysts materials using zinc oxide (ZnO) and calcium sulfide (CdS). This, in confluence with the increasing concerns about pollution, is positively influencing the adoption of these materials in the production of air conditioning systems, air filters, and ventilation. Besides this, the market is also driven by the growing applications of photocatalysts on glass surfaces, including glass film, optical lens, refrigerated showcase, road mirror, and bathroom or dresser mirror.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global photocatalyst market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, form and application.
Breakup by Type:
Titanium Dioxide
Zinc Oxide
Others
Breakup by Form:
Powder
Fines
Sponge
Bars/Blocks
Granules
Ingots
Breakup by Application:
Self-Cleaning
Air Purification
Water Treatment
Anti-Fogging
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Daicel Corporation, Ishihara Sangyo Kaisha Ltd, Japan Photocatalyst Center Co. Ltd., Kaltech Co. Ltd., Nanoptek Corporation, Sakai Chemical Industry Co Ltd, Showa Denko K. K., Souma Co. Ltd., Tayca Corporation, The Chemours Company, Toto Ltd. and Tronox Limited.
Key Questions Answered in This Report:
- How has the global photocatalyst market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global photocatalyst market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the form?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global photocatalyst market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Photocatalyst Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Titanium Dioxide
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Zinc Oxide
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Form
- 7.1 Powder
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Fines
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Sponge
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Bars/Blocks
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Granules
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Ingots
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by Application
- 8.1 Self-Cleaning
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Air Purification
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Water Treatment
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Anti-Fogging
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Daicel Corporation
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Ishihara Sangyo Kaisha Ltd
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Japan Photocatalyst Center Co. Ltd.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Kaltech Co. Ltd.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Nanoptek Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Sakai Chemical Industry Co Ltd
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Showa Denko K. K.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Souma Co. Ltd.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Tayca Corporation
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 The Chemours Company
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Toto Ltd.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Tronox Limited
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio