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Photocatalyst Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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    Report

  • 251 Pages
  • June 2024
  • Region: Global
  • Fairfield Market Research
  • ID: 5978949
The global photocatalyst market is experiencing significant growth, propelled by its varied applications across multiple industries, including water treatment, air purification, and building materials. This expansion is largely due to the increasing environmental consciousness which is driving the demand for photocatalysts, especially in applications like air purifiers and water purification systems.

Diverse Applications Driving Market Expansion

Photocatalysts are integral to the process of water purification. They effectively break down harmful residues in industries such as textiles and paper, making a significant impact on environmental sustainability. This technology is expected to continue its steady growth trajectory due to its crucial role in environmental protection. Furthermore, there is a growing demand for air purifiers that utilize photocatalytic oxidation technology, noted for their low noise levels, which contributes to their rising popularity. Another significant driver for the photocatalyst market is the use of photocatalytic materials in building products like tiles and blocks that have air-purifying properties. These innovations are helping fuel market expansion as they cater to the increasing demand for sustainable building materials.

Innovations by Key Players Fueling Growth

Key market players such as Nippon Soda Co., Ltd, Tayca Corporation, and Toshiba Materials Co., Ltd. are deeply invested in research and development activities. These companies are enhancing their production capabilities and improving the effectiveness of their products to meet the industrial demands of growing economies, especially in regions like China and Japan, which are poised to dominate the market.

Market Trends and Opportunities

The photocatalyst market is diverse, with several types of photocatalysts including Titanium Dioxide, Zinc Oxide, Tin Oxide, and Cerium Oxide. These materials are extensively used in various applications from paints and coatings to building materials. Titanium Dioxide, in particular, is renowned for its abilities in pollutant degradation and antifouling properties, making it a notable segment within the market.

Forms of Photocatalysts and Regional Insights

Photocatalysts are available in different forms such as powder, solution, and granules. Among these, the powder form is preferred for its ease of handling and high purity, accounting for a substantial share of the market's volume consumption. Geographically, East Asia stands out as a major hub for both the production and consumption of photocatalysts, driven by strong industrial activities in China and Japan. North America and Europe are also showing significant growth with new opportunities continually emerging in these regions.

Competitive Analysis

The Competitve Analysis of the photocatalyst market features active participation from well-established companies including Daicel Corporation, KRONOS Worldwide, Inc., and The Chemours Company. These firms are heavily investing in research and development to innovate and increase their market share. Additionally, new entrants and smaller companies are carving out niches by specializing in localized applications and markets, adding to the dynamic nature of the market.
  • Daicel Corporation
  • Toshiba Materials Co., Ltd.
  • Kon Corporation
  • CRISTAL
  • ISHIHARA SANGYO KAISHA, LTD.
  • KRONOS Worldwide, Inc.
  • OSAKA Titanium Technologies Co.,Ltd.
  • Nanoptek Corp.
  • The Chemours Company
  • Tayca Corporation
  • SHOWA DENKO K.K.
  • Cosmo Chemical Co., Ltd
  • TOTO Ltd.
  • Nippon Soda Co., Ltd.
  • Nagamine Manufacturing Co. Ltd.
  • SAKAI CHEMICAL INDUSTRY CO.,LTD

Market Segmentation

To provide detailed insights, the photocatalyst market is thoroughly segmented as follows:

  • By Form: Includes powder, solution, and granules, with powder being the preferred choice due to its handling and purity.
  • By Application: Major segments encompass paints & coatings, water treatment, air purification, and building materials.
  • By Region: Comprehensive analysis includes North America, Latin America, Europe, Middle East and Africa, East Asia, South Asia, and Oceania.


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Table of Contents

1. Executive Summary
1.1. Global Photocatalyst Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Production Output and Trade Statistics, 2018-2024
3.1. Global Photocatalyst, Production Output, by Region, 2018 - 2024
3.1.1. North America
3.1.2. Europe
3.1.3. Asia Pacific
3.1.4. Latin America
3.1.5. Middle East & Africa
4. Global Photocatalyst Market Outlook, 2018 - 2031
4.1. Global Photocatalyst Market Outlook, by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
4.1.1. Key Highlights
4.1.1.1. Titanium Dioxide
4.1.1.2. Zinc Oxide
4.2. Global Photocatalyst Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
4.2.1. Key Highlights
4.2.1.1. Self-cleaning
4.2.1.2. Air Purification
4.2.1.3. Water Purification
4.3. Global Photocatalyst Market Outlook, by Region, Volume (Tons) and Value (US$ Bn), 2018 - 2031
4.3.1. Key Highlights
4.3.1.1. North America
4.3.1.2. Europe
4.3.1.3. Asia Pacific
4.3.1.4. Latin America
4.3.1.5. Middle East & Africa
5. North America Photocatalyst Market Outlook, 2018 - 2031
5.1. North America Photocatalyst Market Outlook, by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.1.1. Key Highlights
5.1.1.1. Titanium Dioxide
5.1.1.2. Zinc Oxide
5.2. North America Photocatalyst Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.2.1. Key Highlights
5.2.1.1. Self-cleaning
5.2.1.2. Air Purification
5.2.1.3. Water Purification
5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. North America Photocatalyst Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.3.1. Key Highlights
5.3.1.1. U.S. Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.3.1.2. U.S. Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.3.1.3. Canada Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.3.1.4. Canada Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
5.3.2. BPS Analysis/Market Attractiveness Analysis
6. Europe Photocatalyst Market Outlook, 2018 - 2031
6.1. Europe Photocatalyst Market Outlook, by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.1.1. Key Highlights
6.1.1.1. Titanium Dioxide
6.1.1.2. Zinc Oxide
6.2. Europe Photocatalyst Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.2.1. Key Highlights
6.2.1.1. Self-cleaning
6.2.1.2. Air Purification
6.2.1.3. Water Purification
6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Europe Photocatalyst Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1. Key Highlights
6.3.1.1. Germany Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1.2. Germany Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1.3. U.K. Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1.4. U.K. Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1.5. France Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1.6. France Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1.7. Italy Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1.8. Italy Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1.9. Turkey Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1.10. Turkey Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1.11. Russia Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1.12. Russia Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1.13. Rest of Europe Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.1.14. Rest of Europe Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
6.3.2. BPS Analysis/Market Attractiveness Analysis
7. Asia Pacific Photocatalyst Market Outlook, 2018 - 2031
7.1. Asia Pacific Photocatalyst Market Outlook, by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.1.1. Key Highlights
7.1.1.1. Titanium Dioxide
7.1.1.2. Zinc Oxide
7.2. Asia Pacific Photocatalyst Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.2.1. Key Highlights
7.2.1.1. Self-cleaning
7.2.1.2. Air Purification
7.2.1.3. Water Purification
7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Asia Pacific Photocatalyst Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.1. Key Highlights
7.3.1.1. China Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.1.2. China Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.1.3. Japan Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.1.4. Japan Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.1.5. South Korea Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.1.6. South Korea Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.1.7. India Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.1.8. India Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.1.9. Southeast Asia Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.1.10. Southeast Asia Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.1.11. Rest of Asia Pacific Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.1.12. Rest of Asia Pacific Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
7.3.2. BPS Analysis/Market Attractiveness Analysis
8. Latin America Photocatalyst Market Outlook, 2018 - 2031
8.1. Latin America Photocatalyst Market Outlook, by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.1.1. Key Highlights
8.1.1.1. Titanium Dioxide
8.1.1.2. Zinc Oxide
8.2. Latin America Photocatalyst Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.2.1.1. Self-cleaning
8.2.1.2. Air Purification
8.2.1.3. Water Purification
8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Latin America Photocatalyst Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.3.1. Key Highlights
8.3.1.1. Brazil Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.3.1.2. Brazil Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.3.1.3. Mexico Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.3.1.4. Mexico Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.3.1.5. Argentina Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.3.1.6. Argentina Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.3.1.7. Rest of Latin America Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.3.1.8. Rest of Latin America Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.3.2. BPS Analysis/Market Attractiveness Analysis
9. Middle East & Africa Photocatalyst Market Outlook, 2018 - 2031
9.1. Middle East & Africa Photocatalyst Market Outlook, by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.1.1. Key Highlights
9.1.1.1. Titanium Dioxide
9.1.1.2. Zinc Oxide
9.2. Middle East & Africa Photocatalyst Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.2.1. Key Highlights
9.2.1.1. Self-cleaning
9.2.1.2. Air Purification
9.2.1.3. Water Purification
9.2.2. BPS Analysis/Market Attractiveness Analysis
9.3. Middle East & Africa Photocatalyst Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.3.1. Key Highlights
9.3.1.1. GCC Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.3.1.2. GCC Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.3.1.3. South Africa Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.3.1.4. South Africa Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.3.1.5. Egypt Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.3.1.6. Egypt Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.3.1.7. Nigeria Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.3.1.8. Nigeria Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.3.1.9. Rest of Middle East & Africa Photocatalyst Market by Material Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.3.1.10. Rest of Middle East & Africa Photocatalyst Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
9.3.2. BPS Analysis/Market Attractiveness Analysis
10. Competitive Landscape
10.1. Type vs Application Heatmap
10.2. Manufacturer vs Application Heatmap
10.3. Company Market Share Analysis, 2024
10.4. Competitive Dashboard
10.5. Company Profiles
10.5.1. Toshiba Materials Co., Ltd.
10.5.1.1. Company Overview
10.5.1.2. Product Portfolio
10.5.1.3. Financial Overview
10.5.1.4. Business Strategies and Development
10.5.2. Cristal
10.5.3. Kronas Worldwide, Inc.
10.5.4. Osaka Titanium Technologies Co., Ltd.
10.5.5. The Chemours Company
10.5.6. Showa Denko K.K.
10.5.7. Cosmo Chemical Co., Ltd
10.5.8. Toto Ltd.
10.5.9. Nippon Soda Co., Ltd.
10.5.10. Nagamine Manufacturing Co., Ltd.
10.5.11. Sakai Chemical Industry CO., Ltd.
11. Appendix
11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Daicel Corporation
  • Toshiba Materials Co., Ltd.
  • Kon Corporation
  • CRISTAL
  • ISHIHARA SANGYO KAISHA, LTD.
  • KRONOS Worldwide, Inc.
  • OSAKA Titanium Technologies Co.,Ltd.
  • Nanoptek Corp.
  • The Chemours Company
  • Tayca Corporation
  • SHOWA DENKO K.K.
  • Cosmo Chemical Co., Ltd
  • TOTO Ltd.
  • Nippon Soda Co., Ltd.
  • Nagamine Manufacturing Co. Ltd.
  • SAKAI CHEMICAL INDUSTRY CO.,LTD

Methodology

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