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PUBLISHER: IMARC | PRODUCT CODE: 1390865

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PUBLISHER: IMARC | PRODUCT CODE: 1390865

Photocatalyst Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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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?
Product Code: SR112023A4742

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
Product Code: SR112023A4742

List of Figures

  • 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

List of Tables

  • 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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