Photocatalyst Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Material (Titanium Dioxide, Zinc Oxide, Others), By Application (Self-cleaning, Air Purification, Water Purification, Others), By Region, and Competition 2018-2028

Industry : Chemicals
Pages : NA
Published Date : NA

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Report Description

Global Photocatalyst market is anticipated to grow significantly through 2028 due to the growing demand for purification applications. In 2021, Bangladesh had an average PM 2.5 concentration of 76.9 micrograms per cubic meter of air (µg/m³).

As a result of its lack of toxicity and ability to work by absorbing light from lamps or sunshine, a photocatalyst is a substance that is favorable to the environment. Due to their innocuous nature, materials like zinc oxide and titanium dioxide are currently subject to very few restrictions, which will help to develop the market throughout the projection period.

Growing Awareness Regarding Pollution
The photocatalyst market is being significantly driven by the rise in awareness and relevance of water body and air quality pollution across several end-use industries. One of the major drivers of the expansion and need for the air and water treatment process, which ultimately drives demand for titanium dioxide, with growing number of manufacturing outlets throughout the world.

Moreover, the market for photocatalysts is also expanding because of laws and regulations against contaminating waterways.

For instance, the Chinese government fines USD 0.15 million to anybody (individuals or businesses) who constructs sewage outlets in designated drinking water sources.

Therefore, increasing demand for photocatalysts for water & air pollution treatment leads to the growth of Global Photocatalyst market in the upcoming years.

Rising Demand due to Self-Cleaning Application
The self-cleaning application of photocatalysts plays an important role in the building & construction sector. This feature is used in structures around the world. Its main impact is a significant reduction in the amount of surface-level dirt adhesion. Another benefit is that light transmission through glazing and transparent membranes is enhanced due to the decrease in surface debris and obscuring grimy sunlight, which can lower lighting energy costs. Large buildings are not the only structures where photocatalytic material is used. The translucent covering may also be utilized for other things while creating roads, such as noise barriers. Tiles which are baked with durable coatings are used for both interior and exterior purposes. A self-cleaning surface may be added to concrete which is used as a building material for facades.

For instance, according to The Ministry of Land, Infrastructure, Transport, and Tourism (Japan), total construction spending reach almost USD 501.09 million in 2022.

Therefore, the self-cleaning applicability of photocatalysts increases the demand for Global Photocatalyst market during the projected period.

Increasing Demand for Photocatalytic Paints and Coatings
The outside and interior of the building can now be painted or coated with photocatalytic paints and coatings. In addition to removing dirt, photocatalytic coatings also remove impurities and stains from the buildings outside surfaces, including smog and airborne pollutants. In addition, photocatalyst coatings from the inside furnishings of the building eliminate smells and destroy VOC, germs, and airborne viruses. Additionally, one of the most popular solutions used to safeguard wooden interior building surfaces is photocatalyst coating.

Moreover, a photocatalytic coating is used in a variety of applications, such as automobile windscreens, window glass, eyeglasses, microscopes, skyscrapers, kitchen appliances, solar cell panel covers, screens of many optical instruments, and electronic devices. All these factors drive Global Photocatalyst market demand during the forecast period.

Recent Developments

In September 2022, Venator obtained an ECO PASSPORT from OEKO-TEX, making it the first maker and supplier of fiber anatase titanium dioxide (TiO₂) to the textile sector.
Integrated titanium dioxide pigment maker Tronox Holdings plc signed a long-term power purchase arrangement with South African independent power producer SOLA Group in March 2022.
In March 2022, LB Group will promote its new TiO₂ pigments for coatings and inks at MECS 2022.
In April 2019, Tronox Holdings purchased the titanium oxide division of CRISTAL, which will help the company's position in Saudi Arabia.

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Market Segmentation
Global Photocatalyst Market is segmented based on material, application, and region. Based on material, the market is fabricated into titanium dioxide, zinc oxide, and others Based on application, the market is categorized into self-cleaning, air purification, water purification, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, Middle East & Africa, By Company.

Company Profiles
Kronos Worldwide Inc., Syzygy Plasmonics Inc., PCN Materials IKE, Photocat AS, TitanPE Technologies, Inc., Venator Materials PLC, Tronox Holdings plc, The Chemours Company, Green Millennium Inc., LB Group Co Ltd. are some of the key players of Global Photocatalyst Market.

Attribute	Details
Base Year	2022
Historic Data	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, Volume in Metric Tonnes, and CAGR for 2018-2022 and 2023-2028
Report coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered	Material Application
Regional scope	North America, Europe, Asia Pacific, South America, Middle East & Africa
Country scope	United States; Mexico; Canada; France; Germany; United Kingdom; Spain; Italy; China; India; South Korea; Japan; Singapore; Brazil; Argentina; South Africa; Saudi Arabia; UAE
Key companies profiled	Kronos Worldwide Inc., Syzygy Plasmonics Inc., PCN Materials IKE, Photocat AS, TitanPE Technologies, Inc., Venator Materials PLC, Tronox Holdings plc, The Chemours Company, Green Millennium Inc., LB Group Co Ltd.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
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Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Global Photocatalyst market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

Photocatalyst Market, By Material:

Titanium Dioxide
Zinc Oxide
Others

Photocatalyst Market, By Application:

Self-cleaning
Air Purification
Water Purification
Others

Photocatalyst Market, By Region:

North America

United States
Mexico
Canada

Europe

France
Germany
United Kingdom
Spain
Italy

Asia-Pacific

China
India
South Korea
Japan
Singapore

South America

Brazil
Argentina

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive landscape

Company Profiles: Detailed analysis of the major companies in global Photocatalyst market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Photocatalyst Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Photocatalyst Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Material (Titanium Dioxide, Zinc Oxide, Others)

5.2.2. By Application (Self-cleaning, Air Purification, Water Purification, Others)

5.2.3. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.4. By Company (2022)

5.3. Market Map

5.3.1. By Material

5.3.2. By Application

5.3.3. By Region

6. North America Photocatalyst Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Material

6.2.2. By Application

6.2.3. By Country

6.3. Pricing Analysis

6.4. North America: Country Analysis

6.4.1. United States Photocatalyst Market Outlook

6.4.1.1. Market Size & Forecast

6.4.1.1.1. By Value & Volume

6.4.1.2. Market Share & Forecast

6.4.1.2.1. By Material

6.4.1.2.2. By Application

6.4.2. Mexico Photocatalyst Market Outlook

6.4.2.1. Market Size & Forecast

6.4.2.1.1. By Value & Volume

6.4.2.2. Market Share & Forecast

6.4.2.2.1. By Material

6.4.2.2.2. By Application

6.4.3. Canada Photocatalyst Market Outlook

6.4.3.1. Market Size & Forecast

6.4.3.1.1. By Value & Volume

6.4.3.2. Market Share & Forecast

6.4.3.2.1. By Material

6.4.3.2.2. By Application

7. Europe Photocatalyst Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Material

7.2.2. By Application

7.2.3. By Country

7.3. Pricing Analysis

7.4. Europe: Country Analysis

7.4.1. France Photocatalyst Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value & Volume

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Material

7.4.1.2.2. By Application

7.4.2. Germany Photocatalyst Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value & Volume

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Material

7.4.2.2.2. By Application

7.4.3. United Kingdom Photocatalyst Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value & Volume

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Material

7.4.3.2.2. By Application

7.4.4. Spain Photocatalyst Market Outlook

7.4.4.1. Market Size & Forecast

7.4.4.1.1. By Value & Volume

7.4.4.2. Market Share & Forecast

7.4.4.2.1. By Material

7.4.4.2.2. By Application

7.4.5. Italy Photocatalyst Market Outlook

7.4.5.1. Market Size & Forecast

7.4.5.1.1. By Value & Volume

7.4.5.2. Market Share & Forecast

7.4.5.2.1. By Material

7.4.5.2.2. By Application

8. Asia-Pacific Photocatalyst Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Material

8.2.2. By Application

8.2.3. By Country

8.3. Pricing Analysis

8.4. Asia-Pacific: Country Analysis

8.4.1. China Photocatalyst Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value & Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Material

8.4.1.2.2. By Application

8.4.2. India Photocatalyst Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value & Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Material

8.4.2.2.2. By Application

8.4.3. South Korea Photocatalyst Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value & Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Material

8.4.3.2.2. By Application

8.4.4. Japan Photocatalyst Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value & Volume

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Material

8.4.4.2.2. By Application

8.4.5. Singapore Photocatalyst Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value & Volume

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Material

8.4.5.2.2. By Application

9. South America Photocatalyst Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Material

9.2.2. By Application

9.2.3. By Country

9.3. Pricing Analysis

9.4. South America: Country Analysis

9.4.1. Brazil Photocatalyst Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value & Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Material

9.4.1.2.2. By Application

9.4.2. Argentina Photocatalyst Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value & Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Material

9.4.2.2.2. By Application

10. Middle East and Africa Photocatalyst Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Material

10.2.2. By Application

10.2.3. By Country

10.3. Pricing Analysis

10.4. MEA: Country Analysis

10.4.1. South Africa Photocatalyst Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value & Volume

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Material

10.4.1.2.2. By Application

10.4.2. Saudi Arabia Photocatalyst Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value & Volume

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Material

10.4.2.2.2. By Application

10.4.3. UAE Photocatalyst Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value & Volume

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Material

10.4.3.2.2. By Application

11. Market Dynamics

11.1. Drivers

11.1.1. Rising demand for Water treatment process

11.1.2. Increasing demand from Self Cleaning application

11.1.3. Raising demand for Air Purification application

11.2. Challenges

11.2.1. High Capital Investment for production

11.2.2. Availability of Substitutes

12. Market Trends & Developments

12.1. Product Launches

12.2. Mergers & Acquisitions

12.3. Technological Advancements

13. Global Photocatalyst Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Business Overview

15.2. Product Offerings

15.3. Recent Developments

15.4. Financials (In Case of Listed Companies)

15.5. Key Personnel

15.6. SWOT Analysis

15.6.1. Kronos Worldwide Inc.

15.6.2. Syzygy Plasmonics Inc.

15.6.3. PCN Materials IKE

15.6.4. Photocat AS

15.6.5. TitanPE Technologies, Inc.

15.6.6. Venator Materials PLC

15.6.7. Tronox Holdings plc

15.6.8. The Chemours Company

15.6.9. Green Millennium Inc.

15.6.10. LB Group Co Ltd.

16. Strategic Recommendations

Figures and Tables

Frequently asked questions

Which metal oxides are used as photocatalyst materials?

Vanadium, chromium, titanium, zinc, tin, and cerium oxides are used as photocatalyst materials.

Who are the top players operating in Global Photocatalyst Market?

Kronos Worldwide Inc., Syzygy Plasmonics Inc., PCN Materials IKE, Photocat AS, TitanPE Technologies, Inc., Venator Materials PLC, Tronox Holdings plc, The Chemours Company, Green Millennium Inc., LB Group Co Ltd. are some of the key players of Global Photocatalyst Market.