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Report
Photocatalyst Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-24 I 144 Pages I IMARC Group
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?
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
Figure 1: Global: Photocatalyst Market: Major Drivers and Challenges
Figure 2: Global: Photocatalyst Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Photocatalyst Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Photocatalyst Market: Breakup by Type (in %), 2022
Figure 5: Global: Photocatalyst Market: Breakup by Form (in %), 2022
Figure 6: Global: Photocatalyst Market: Breakup by Application (in %), 2022
Figure 7: Global: Photocatalyst Market: Breakup by Region (in %), 2022
Figure 8: Global: Photocatalyst (Titanium Dioxide) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Photocatalyst (Titanium Dioxide) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Photocatalyst (Zinc Oxide) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Photocatalyst (Zinc Oxide) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Photocatalyst (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Photocatalyst (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Photocatalyst (Powder) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Photocatalyst (Powder) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Photocatalyst (Fines) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Photocatalyst (Fines) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Photocatalyst (Sponge) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Photocatalyst (Sponge) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Photocatalyst (Bars/Blocks) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Photocatalyst (Bars/Blocks) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Photocatalyst (Granules) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Photocatalyst (Granules) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Photocatalyst (Ingots) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Photocatalyst (Ingots) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Photocatalyst (Self-Cleaning) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Photocatalyst (Self-Cleaning) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Photocatalyst (Air Purification) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Photocatalyst (Air Purification) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Photocatalyst (Water Treatment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Photocatalyst (Water Treatment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Photocatalyst (Anti-Fogging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Photocatalyst (Anti-Fogging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Photocatalyst (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Photocatalyst (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: North America: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: North America: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: United States: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: United States: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Canada: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Canada: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Asia-Pacific: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Asia-Pacific: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: China: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: China: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Japan: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Japan: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: India: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: India: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: South Korea: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: South Korea: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Australia: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Australia: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Indonesia: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Indonesia: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Others: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Others: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Europe: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Europe: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Germany: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Germany: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: France: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: France: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: United Kingdom: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: United Kingdom: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Italy: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Italy: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Spain: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Spain: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Russia: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Russia: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Latin America: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Latin America: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Brazil: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Brazil: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Mexico: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Mexico: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Middle East and Africa: Photocatalyst Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Middle East and Africa: Photocatalyst Market: Breakup by Country (in %), 2022
Figure 84: Middle East and Africa: Photocatalyst Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Global: Photocatalyst Industry: SWOT Analysis
Figure 86: Global: Photocatalyst Industry: Value Chain Analysis
Figure 87: Global: Photocatalyst Industry: Porter's Five Forces Analysis
Table 1: Global: Photocatalyst Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Photocatalyst Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Photocatalyst Market Forecast: Breakup by Form (in Million US$), 2023-2028
Table 4: Global: Photocatalyst Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Photocatalyst Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Photocatalyst Market: Competitive Structure
Table 7: Global: Photocatalyst Market: Key Players
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