Photocatalyst Market

Photocatalyst Market Study by Powder, Solution, and Granules for Self-Cleaning, Air Purification, and Water Purification from 2024 to 2034

Analysis of Photocatalyst Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Photocatalyst Market Outlook (2024 to 2034)

The global photocatalyst market is estimated at US$ 4.15 billion in 2024. The market for photocatalysts has been projected to increase at a noteworthy CAGR of 9.5% to rise to a market value of US$ 10.28 billion by the end of 2034.

Production and use of substances that use light energy to speed up chemical reactions is part of the photocatalyst technology. Because of their capacity to decompose pollutants, produce clean energy, and accelerate chemical reactions, these materials find application in several industries such as environmental cleaning, energy production, and chemical synthesis. Photocatalysts, such as titanium dioxide (TiO2), are widely employed in solar energy conversion, self-cleaning surfaces, and water and air purification.

Governments in several countries are favoring the use of photocatalysts due to their non-toxic and eco-friendly nature, which makes them ideal for use in various industries. The need for efficient purification solutions is growing due to increasing worries regarding pollution and its effects on human health and the environment, which is boosting the demand for photocatalysts, especially for air and water purification.

Due to the ability of photocatalysts to efficiently break down hazardous pollutants, such as microorganisms and volatile organic compounds (VOCs), when exposed to light, photocatalytic materials such as titanium dioxide are being widely utilized in systems.

Key Market Growth Drivers

  • A key factor driving global photocatalyst market growth is the ever-expanding building and construction sector.
  • The latest global trend of smart cities is driving up demand for photocatalyst coatings and materials to reduce pollution, enhance air and surface quality, and improve the self-cleaning and antimicrobial properties of buildings.
  • Adoption of photocatalysts is increasing by enterprises to meet stringent environmental regulations.
  • As worries about pollution in the air and water are growing in various countries, photocatalysts are becoming necessary in purification systems. By breaking down dangerous pollutants, photocatalytic materials provide a sustainable way to maintain clean water and air.
  • Performance and efficiency of photocatalyst systems are being improved by advances in nanotechnology and the manufacturing of more effective photocatalytic materials.
  • Antibacterial and self-cleaning building materials use photocatalysts as these materials are applied to surfaces to improve indoor air quality and save maintenance costs by dissolving organic pollutants.
  • Use of photocatalysts is increasing in solar energy conversion; splitting of water to produce hydrogen.
  • Photocatalysts are being widely used in the chemical industry for oxidation and synthesis processes since they can be more energy- and environmentally efficient compared to other conventional methods.
Report Attributes Details
Photocatalyst Market Size (2024E) US$ 4.15 Billion
Forecasted Market Value (2034F) US$ 10.28 Billion
Global Market Growth Rate (2024 to 2034) 9.5% CAGR
East Asia Market Share (2024E) 36.5%
North America Market Value (2024E) US$ 1.19 Billion
Powdered Segment Value (2034F) US$ 2.41 Billion
Key Companies Profiled J.S.R Corporation; Tipe Inc.; Daicel Miraizu Ltd.; Nanoptek Corp.; TitanPE Technologies, Inc.; Tronox Holdings plc; Toshiba Materials Co. Ltd.; TOTO Ltd.; Kon Corporation; Cristal; Kronas Worldwide, Inc.; Showa Denko K.K.; Sakai Chemical Industry Co., Ltd.

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What is Pushing Adoption of Photocatalysts at a High Rate Globally?

“Large-scale Research & Development Activities in Nanotechnology”

Research and development activities, which is a key photocatalyst market trend, are opening up new possibilities of use with ongoing developments in technology. New photocatalysts have been developed through advancements in the field of nanotechnology. If the materials are handled at the nanoscale, the surface area and activity of the photocatalyst increases, thereby increasing the absorption of light and the rate of the reaction occurring. This is why new photocatalyst systems with increased performance characteristics necessary for various applications such as environmental cleaning, production of clean energy, and complex chemical transformations are being developed.

Such advancements are contributing to the photocatalyst market size expansion due to the availability of enhanced and all-encompassing solutions for companies in search of environment-friendly and innovative approaches.

What Main Challenge Do Photocatalyst Manufacturers Face?

“High Cost Limiting Widespread Employment of Photocatalysts Across Industries”

The manufacturing process of high-quality photocatalysts, particularly the ones with advanced components such as nano-particles, significantly increases the overall cost of the final product. This shoots up even further due to extensive research and development efforts needed for the high-tech equipment required during the production phase.

Nanoparticles are one of those materials that are still new in use and require precise synthesis methods and careful handling to keep up their unique properties. This results in a marginal rise in cost, making these advanced photocatalysts less affordable and accessible to a larger base of potential customers. This cost factor is a primary barrier to their widening commercial use, limiting their adoption across many industries and applications.

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Country-wise Insights

East Asia is estimated to hold 36.5% of the global photocatalyst market share in 2024, and by 2034, this is forecasted to rise to 38.4%. Continuously increasing industrialization is leading to more challenges regarding the environment, such as air and water pollution. Countries such as China, Japan, and South Korea are substantially investing in research and development activities of photocatalysts to combat such environmental issues.

Why is the United States a Key Market for Photocatalyst Manufacturers?

“Growing Use in Advanced Water Treatment Systems”

Attribute United States
Market Value (2024E) US$ 885.8 Million
Growth Rate (2024 to 2034) 9.7% CAGR
Projected Value (2034F) US$ 2.23 Billion

Technological advancements in photocatalysts are leading to an increase in demand in the United States because of their enhanced performance and efficiency. Development of more efficient photocatalytic materials and applications is the result of rigorous research efforts and developments. In the United States, enhanced photocatalysts are being included in advanced water treatment systems and self-cleaning surfaces since they have an increased capacity to degrade contaminants in both air and water.

Why is Requirement for Photocatalysts Increasing Rapidly in Japan?

“Rising Incorporation Photocatalysts in Advanced Construction Methods”

Attribute Japan
Market Value (2024E) US$ 419 Million
Growth Rate (2024 to 2034) 9.2% CAGR
Projected Value (2034F) US$ 1.01 Billion

Innovative application of photocatalysts in building and construction activities is driving up their demand in Japan. The country is well known for its advanced methods and supplies, and photocatalysts are essential in this field. Self-cleaning building materials such as facade paints and tiles have emerged as key end uses. When exposed to light, these materials' photocatalysts dissolve dirt, pollutants, and stains, keeping the area clean and lowering the need for routine maintenance. Photocatalysts have become an important part of contemporary construction methods in Japan.

Category-wise Insights

Based on material, the market is segmented into titanium dioxide and zinc oxide. Titanium dioxide holds a significant market share due to it being widely utilized in various energy and environmental applications because of its high stability, photoactivity, low cost, and safety for humans as well as the environment.

Why is Powdered Photocatalyst Most Widely Preferred?

“Powder Form Preferred for Ease of Use Compared to Granules and Solutions”

Attribute Powder
Segment Value (2024E) US$ 1.02 Billion
Growth Rate (2024 to 2034) 9% CAGR
Projected Value (2034F) US$ 2.41 Billion

Compared to granules and solutions, most end users primarily prefer powder forms of photocatalysts because of their ease of use and versatility in several applications. Powder form serves a greater surface area for reactions, contrary to granules, thus increasing the efficiency of photocatalytic processes. Besides, the powder form can be easily incorporated into different materials and systems, including coatings, composites, and catalytic filters. This has led to its widespread usage in various industrial and environmental applications.

In addition, powder is typically easier to handle, manage, and transport compared to other forms that require special containment and particular handling measures. This flexibility has contributed to the increasing demand for powered photocatalysts in both industrial and commercial applications.

Why is Application of Photocatalyst Increasing in Water Purification?

“Photocatalysts Serve Well in Removing Pollutants Effectively”

Though the applications of photocatalysts are quite diverse, they are significantly employed in the process of water purification because of their ability to break down organic pollutants and unwanted particles. In the presence of light, they generate a reaction that can decompose harmful substances in water, including harmful toxic microorganisms that are potentially harmful to humans. Apart from removing pollutants, this process also mineralizes them into harmless by-products.

As concerns over water quality and safety rise, photocatalytic technology has made it possible to offer sustainable and efficient solutions for quality and safety. This ability to address a diverse range of problems in water treatment is enhancing photocatalytic requirements in water management worldwide.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Competitive Landscape

Key players in the photocatalyst market are focusing on research and development to innovate advanced photocatalytic materials with improved efficiency that are better suited for broader applications. Several companies are extending the usage of photocatalysts to new industries, including electronics, textiles, and construction, in addition to their conventional uses in water and air purification.

  • In March 2023, Samsung Electronics unveiled the Bespoke Cube Air Infinite Line, a new variant of its high-end air purifier with a new filter that doesn't need to be changed often. The Infinite Line Filter is this model's standout feature. The Infinite Line Filter is made up of a photocatalytic deodorization filter and a washable sterilization dust collection filter designed specifically for air purification and deodorization.
  • On January 5, 2023, at the Consumer Electronics Show in Las Vegas, Japanese technology company Kaltech, which specializes in photocatalytic technology meant to purify food, water, and air, unveiled its first high-end humidifier. The opulent Yuragi Junsui Premier, featuring photocatalytic technology to eliminate impurities, went on sale in the United States.
  • In July 2023, ECUST (East China University of Science and Technology), ECNU (East China Normal University), and Nippon Paint (China) Co., Ltd. formally introduced the 'Photocatalytic Purification Coating Technology Innovation Platform'.

Fact.MR provides detailed information about the price points of key manufacturers of photocatalysts positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.

Segmentation of Photocatalyst Market Research

  • By Form:

    • Powder
    • Solution
    • Granules
  • By Material:

    • Titanium Dioxide
    • Zinc Oxide
  • By Application:

    • Self-Cleaning
    • Air Purification
    • Water Purification
  • By Region:

    • North America
    • Western Europe
    • Eastern Europe
    • Latin America
    • East Asia
    • South Asia & Pacific
    • Middle East & Africa

Table of Content

1. Executive Summary

2. Industry Introduction, including Taxonomy and Market Definition

3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments

4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections

5. Pricing Analysis

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034

    6.1. Form

    6.2. Material

    6.3. Application

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Form

    7.1. Powder

    7.2. Solution

    7.3. Granules

8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Material

    8.1. Titanium Dioxide

    8.2. Zinc Oxide

9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application

    9.1. Self-Cleaning

    9.2. Air Purification

    9.3. Water Purification

10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region

    10.1. North America

    10.2. Latin America

    10.3. Western Europe

    10.4. Eastern Europe

    10.5. East Asia

    10.6. South Asia & Pacific

    10.7. Middle East & Africa

11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

18. Sales Forecast 2024 to 2034 by Form, Material, Application, and Region for 30 Countries

19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard

20. Company Profile

    20.1. J.S.R Corporation

    20.2. Tipe Inc.

    20.3. Daicel Miraizu Ltd.

    20.4. Nanoptek Corp.

    20.5. TitanPE Technologies, Inc.

    20.6. Tronox Holdings plc

    20.7. Toshiba Materials Co. Ltd.

    20.8. TOTO Ltd.

    20.9. Kon Corporation

    20.10. Cristal

    20.11. Kronas Worldwide, Inc.

    20.12. Showa Denko K.K.

    20.13. Sakai Chemical Industry Co., Ltd.

21. Assumptions and Acronyms Formd

22. Research Methodology

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List Of Table

Table 1: Global Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 2: Global Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 3: Global Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 4: Global Market Value (US$ Mn) Analysis, by Material, 2019 to 2023

Table 5: Global Market Value (US$ Mn) Analysis, by Material, 2024 to 2034

Table 6: Global Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034

Table 7: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 8: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 9: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023

Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034

Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034

Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 16: North America Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 17: North America Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 19: North America Market Value (US$ Mn) Analysis, by Material, 2019 to 2023

Table 20: North America Market Value (US$ Mn) Analysis, by Material, 2024 to 2034

Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034

Table 22: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 23: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 28: Latin America Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 29: Latin America Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 31: Latin America Market Value (US$ Mn) Analysis, by Material, 2019 to 2023

Table 32: Latin America Market Value (US$ Mn) Analysis, by Material, 2024 to 2034

Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034

Table 34: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 35: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 40: Western Europe Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 41: Western Europe Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 43: Western Europe Market Value (US$ Mn) Analysis, by Material, 2019 to 2023

Table 44: Western Europe Market Value (US$ Mn) Analysis, by Material, 2024 to 2034

Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034

Table 46: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 47: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Material, 2019 to 2023

Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Material, 2024 to 2034

Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034

Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 64: East Asia Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 65: East Asia Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 67: East Asia Market Value (US$ Mn) Analysis, by Material, 2019 to 2023

Table 68: East Asia Market Value (US$ Mn) Analysis, by Material, 2024 to 2034

Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034

Table 70: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 71: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Material, 2019 to 2023

Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Material, 2024 to 2034

Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034

Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 88: MEA Market Value (US$ Mn) Analysis, by Form, 2019 to 2023

Table 89: MEA Market Value (US$ Mn) Analysis, by Form, 2024 to 2034

Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034

Table 91: MEA Market Value (US$ Mn) Analysis, by Material, 2019 to 2023

Table 92: MEA Market Value (US$ Mn) Analysis, by Material, 2024 to 2034

Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Material, 2024 to 2034

Table 94: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 95: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

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List Of Figures

Figure 1: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 2: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 3: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 4: Global Market Incremental $ Opportunity, 2024 to 2034

Figure 5: Global Market Share and BPS Analysis by Form, 2024 & 2034

Figure 6: Global Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 7: Global Market Attractiveness Analysis by Form, 2024 to 2034

Figure 8: Global Market Share and BPS Analysis by Material, 2024 & 2034

Figure 9: Global Market Y-o-Y Growth Projections by Material, 2024 to 2034

Figure 10: Global Market Attractiveness Analysis by Material, 2024 to 2034

Figure 11: Global Market Share and BPS Analysis by Application, 2024 & 2034

Figure 12: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 13: Global Market Attractiveness Analysis by Application, 2024 to 2034

Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034

Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034

Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034

Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034

Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034

Figure 21: North America Market Share Analysis by Country, 2024 & 2034

Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 24: North America Market Share and BPS Analysis by Form, 2024 & 2034

Figure 25: North America Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 26: North America Market Attractiveness Analysis by Form, 2024 to 2034

Figure 27: North America Market Share and BPS Analysis by Material, 2024 & 2034

Figure 28: North America Market Y-o-Y Growth Projections by Material, 2024 to 2034

Figure 29: North America Market Attractiveness Analysis by Material, 2024 to 2034

Figure 30: North America Market Share and BPS Analysis by Application, 2024 & 2034

Figure 31: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 32: North America Market Attractiveness Analysis by Application, 2024 to 2034

Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034

Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034

Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 40: Latin America Market Share and BPS Analysis by Form, 2024 & 2034

Figure 41: Latin America Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 42: Latin America Market Attractiveness Analysis by Form, 2024 to 2034

Figure 43: Latin America Market Share and BPS Analysis by Material, 2024 & 2034

Figure 44: Latin America Market Y-o-Y Growth Projections by Material, 2024 to 2034

Figure 45: Latin America Market Attractiveness Analysis by Material, 2024 to 2034

Figure 46: Latin America Market Share and BPS Analysis by Application, 2024 & 2034

Figure 47: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 48: Latin America Market Attractiveness Analysis by Application, 2024 to 2034

Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034

Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 56: Western Europe Market Share and BPS Analysis by Form, 2024 & 2034

Figure 57: Western Europe Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 58: Western Europe Market Attractiveness Analysis by Form, 2024 to 2034

Figure 59: Western Europe Market Share and BPS Analysis by Material, 2024 & 2034

Figure 60: Western Europe Market Y-o-Y Growth Projections by Material, 2024 to 2034

Figure 61: Western Europe Market Attractiveness Analysis by Material, 2024 to 2034

Figure 62: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034

Figure 63: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 64: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034

Figure 65: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 66: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 67: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 68: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 69: Eastern Europe Market Share Analysis by Country, 2024 & 2034

Figure 70: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 71: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 72: Eastern Europe Market Share and BPS Analysis by Form, 2024 & 2034

Figure 73: Eastern Europe Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 74: Eastern Europe Market Attractiveness Analysis by Form, 2024 to 2034

Figure 75: Eastern Europe Market Share and BPS Analysis by Material, 2024 & 2034

Figure 76: Eastern Europe Market Y-o-Y Growth Projections by Material, 2024 to 2034

Figure 77: Eastern Europe Market Attractiveness Analysis by Material, 2024 to 2034

Figure 78: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034

Figure 79: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 80: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034

Figure 81: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 82: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 83: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 84: East Asia Market Incremental $ Opportunity, 2024 to 2034

Figure 85: East Asia Market Share Analysis by Country, 2024 & 2034

Figure 86: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 87: East Asia Market Attractiveness Analysis by Country, 2024 to 2034

Figure 88: East Asia Market Share and BPS Analysis by Form, 2024 & 2034

Figure 99: East Asia Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 90: East Asia Market Attractiveness Analysis by Form, 2024 to 2034

Figure 91: East Asia Market Share and BPS Analysis by Material, 2024 & 2034

Figure 92: East Asia Market Y-o-Y Growth Projections by Material, 2024 to 2034

Figure 93: East Asia Market Attractiveness Analysis by Material, 2024 to 2034

Figure 94: East Asia Market Share and BPS Analysis by Application, 2024 & 2034

Figure 95: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 96: East Asia Market Attractiveness Analysis by Application, 2024 to 2034

Figure 97: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 98: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 99: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 100: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034

Figure 101: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034

Figure 102: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 103: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034

Figure 104: South Asia & Pacific Market Share and BPS Analysis by Form, 2024 & 2034

Figure 105: South Asia & Pacific Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 106: South Asia & Pacific Market Attractiveness Analysis by Form, 2024 to 2034

Figure 107: South Asia & Pacific Market Share and BPS Analysis by Material, 2024 & 2034

Figure 108: South Asia & Pacific Market Y-o-Y Growth Projections by Material, 2024 to 2034

Figure 119: South Asia & Pacific Market Attractiveness Analysis by Material, 2024 to 2034

Figure 110: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034

Figure 111: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 112: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034

Figure 113: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 114: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 115: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 116: MEA Market Incremental $ Opportunity, 2024 to 2034

Figure 117: MEA Market Share Analysis by Country, 2024 & 2034

Figure 118: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 119: MEA Market Attractiveness Analysis by Country, 2024 to 2034

Figure 120: MEA Market Share and BPS Analysis by Form, 2024 & 2034

Figure 121: MEA Market Y-o-Y Growth Projections by Form, 2024 to 2034

Figure 122: MEA Market Attractiveness Analysis by Form, 2024 to 2034

Figure 123: MEA Market Share and BPS Analysis by Material, 2024 & 2034

Figure 124: MEA Market Y-o-Y Growth Projections by Material, 2024 to 2034

Figure 125: MEA Market Attractiveness Analysis by Material, 2024 to 2034

Figure 126: MEA Market Share and BPS Analysis by Application, 2024 & 2034

Figure 127: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 128: MEA Market Attractiveness Analysis by Application, 2024 to 2034

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

How big is the photocatalyst market in 2024?

The global market for photocatalysts is estimated at US$ 4.15 billion in 2024.

What are the forecasted sales of photocatalysts by 2034?

Worldwide sales of photocatalysts are projected to reach US$ 10.28 billion by 2034.

What is the demand growth projection for the global market?

Worldwide demand for photocatalysts is forecasted to rise at a CAGR of 9.5% from 2024 to 2034.

At what rate is the South Korean market forecasted to expand?

The market in South Korea is projected to expand at a CAGR of 11.9% through 2034.

Who are the leading producers of photocatalysts?

Leading companies in the market are J.S.R Corporation, Tipe Inc., Daicel Miraizu Ltd., Nanoptek Corp., and TitanPE Technologies, Inc.

What is the projection for the market in East Asia?

The market in East Asia is projected to generate revenue worth US$ 3.95 billion by 2034.

Which form of photocatalyst is in high demand?

Based on form, the solution segment is projected to rise at 10.1% CAGR through 2034.

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Photocatalyst Market

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