Photocatalyst Market Size, Share | Industry Report 2025

The global Photocatalyst Market was valued at $2.1Billion in 2017 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2025, culminating in 2025 global sales of $5.3Billion.

The photocatalyst is the process by which a photochemical alteration occurs in one molecular entity as a result of initial absorption of radiation by another molecular entity. when photocatalyst absorbs UV radiation from the illuminated light source, it will produce pairs of electron & holes. The photocatalyst is used for clear dyes of drinking water, destroy even drug resistance virus & bacteria in the air, water, & on surfaces, keep building surfaces clean, reduce NOx in the air just by contact with the surfaces.

We have observed the significant use of photocatalyst by materials of titanium oxide because it is a semiconducting material which can chemically be activated by light & this is the basic materials in everyday life, which is widely used as white pigments in paints, cosmetics & foodstuffs, it is also used for removing & decomposing pollutants the air. Due to this property, it is expected to drive the market growth of photocatalyst during the forecast period

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Key findings from the study: -
• We have segmented the Photocatalyst based on processing categories as Titanium Dioxide, Zinc Oxide.
• We have segmented the Photocatalyst market based on Application are Self-cleaning, Air Purification, Water Purification.
• The key market participants include OSAKA Titanium Technologies Co Ltd, TiPE, CRISTAL, KRONOS Worldwide Inc, JSR Corporation, TOTO Corporation, Mitsubishi Materials Corp, Green Millennium.

Ameri Research has segmented the Photocatalyst Market by material categories, product type, end-use and region:

Market Segmentation:

Photocatalyst Market by processing Categories (Revenue, Million, 2014 – 2025)
• Titanium Dioxide
• Zinc Oxide

Photocatalyst Market by Application (Revenue, Million, 2014 – 2025)
• Self-cleaning
• Air Purification
• Water Purification

Photocatalyst Market Regional Outlook (Revenue, USD Million, 2014- 2025)

• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
• Asia Pacific
o Japan
o China
o India
o Australia
• Latin America
o Brazil
o Mexico
o Columbia
• Middle East and Africa
o South Africa
o Saudi Arabia

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