The global photocatalysts market should reach $5.1 billion by 2026 from $3.1 billion in 2021 at a compound annual growth rate (CAGR) of 10.5% for the forecast period of 2021 to 2026.
Report Scope
The photocatalyst market scope covers all commercially available battery types that are actively being used. The photocatalyst market report covers all the end use segments in which photocatalyst find application. The photocatalyst industry is also thoroughly analyzed at the regional level.
Market size and estimations are provided in terms of revenue (USD Million) considering 2020 as base year and the market forecast is given for 2021-2026. The regional market size is also covered. The impact of COVID-19 is also considered while deriving market estimations.
In terms of material type, the photocatalyst market is segmented into:
- Titanium dioxide
- Tungsten trioxide-based
- Others
In terms of end use, the photocatalyst market is segmented into:
- Construction
- Consumer products
- Others
In terms of geography, the photocatalyst market is segmented into:
- North America
- Europe
- Asia-Pacific
- Rest of the World
The Report Includes
- 36 tables
- An overview of the global market and technologies for photocatalysts
- Estimation of the market size and analyses of global market trends, with data from 2020, estimates for 2021 and projections of compound annual growth rates (CAGRs) through 2026
- Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market size and forecast
- Discussion on milestones in the history of photocatalysts and recent events, and coverage of latest technological developments in the industry
- Information on summary of patents awarded, relevant R&D activities of the photocatalysts industry and assessment of regulations and norms concerning the photocatalyst market
- Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances and other key market strategies
- Comprehensive company profiles of the leading players, including Asahi Glass, Daikin Industries, JSR Corp., Mitsubishi Chemical, Nippon Sheet Glass Co., Ltd. and Saint-Gobain
What is the estimated value of the Global Photocatalysts Market?
What is the growth rate of the Global Photocatalysts Market?
What is the forecasted size of the Global Photocatalysts Market?
Who are the key companies in the Global Photocatalysts Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 127 |
| Published | July 2021 |
| Forecast Period | 2021 - 2026 |
| Estimated Market Value ( USD | $ 3.1 Billion |
| Forecasted Market Value ( USD | $ 5.1 Billion |
| Compound Annual Growth Rate | 10.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 19 |
Table of Contents
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Executive Summary
Increased use in the construction and consumer product sectors and in general improvement of global economic conditions are the main drivers for this expansion, which corresponds to a compound annual growth rate (CAGR) during the period between 2020-2026. Since 2018, a marked increase in product demand has been partially offset by a significant reduction in the unit prices of raw materials, resulting in lower revenues. With the COVID-19 outbreak, subdued demand from the construction sector has reduced demand for photocatalysts in 2021, which is expected to recover by the end of 2022.
Photocatalysts are a category of catalysts that use photons to activate chemical reactions. Superior oxidizing properties and super-hydrophilicity characterize these products. Since the late 1960s, these unique properties have been used in various commercial products.
Although anatase titanium dioxide is the most common material used to produce photocatalysts, other compounds are available (or are under development) to achieve higher photocatalytic efficiency. Photocatalysts have current and potential use across seven main industry sectors: automotive, construction, consumer products, energy, environmental, mechanical/chemical and medical/dental. This study provides an updated, comprehensive description of photocatalyst materials, types of photocatalysts, production technologies and applications. It details current and emerging applications for these materials.
Sales of photocatalyst-based products in this sector are primarily the result of using glass coatings and additives in building materials.
Companies Mentioned
- Asahi Glass
- Cardinal Glass Industries Inc.
- Daikin Industries Ltd.
- GC Corp.
- Harvest Aoinn Special Material Technology Co., Ltd.
- Itochu Corp.
- JSR Corp.
- Kawasaki Heavy Industries Ltd.
- Marusyo Sangyo
- Mitsubishi Chemical
- Mitsubishi Materials Corp.
- Murakami Corp.
- Nippon Sheet Glass Co., Ltd.
- Nippon Soda
- Okitsumo Inc.
- Panasonic Corp.
- Saint-Gobain
- Showa Denko
- Toto
