DUBLIN--(BUSINESS WIRE)--The "Photocatalyst Market Analysis By Material (Titanium Dioxide, Zinc Oxide), By Application (Self-cleaning, Air Purification, Water Purification), By Region, And Segment Forecasts, 2014 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global photocatalyst market is expected to reach USD 4.58 billion by 2025
Growing demand for photocatalysts as a self-cleaning material in construction industry owing to their low maintenance cost is expected to propel growth.
At present, the industry is in its nascent stage, with few manufacturers. Japan is expected to lead the industry, owing to the early adoption of the technology. In addition, high investment in R&D pertaining to the product coupled with several patents by the Japanese researchers are key factors contributing to the high growth.
The industry was dominated by the TiO2 photocatalysts, owing to early research on this product. However, initiatives taken by the manufacturers to develop innovative photocatalysts materials using zinc oxide (ZnO), and cadmium sulfide (CdS) is likely to challenge the existing material and open new avenues for the industry growth over the projected period.
The product has the ability to decompose organic compounds, which makes them suitable for air purification and water treatment application. Furthermore, in building and construction, the technology through its self-cleaning mechanism acts as a barrier for dust and stains, which is expected to propel growth over the next eight years.
High initial investment in the commercial manufacturing of photocatalysts coupled with proprietary on the existing technology by the manufacturers and researchers are expected to be the key barriers for the new entrants. However, wide scope in R&D for innovative technology development is expected to compel new players to invest in the business.
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Market Variables, Trends & Scope
Chapter 4 Photocatalyst Market: Material Estimates & Trend Analysis
Chapter 5 Photocatalyst Market: Application Estimates & Trend Analysis
Chapter 6 Photocatalyst Market: Regional Estimates & Trend Analysis
Chapter 7 Competitive Landscape
Chapter 8 Company Profiles
- TOTO Corporation (TOTO LTD.)
- JSR Corporation
- Showa Denko K.K.
- Ishihara Sangyo Kaisha Ltd.
- BASF SE
- Kronos Worldwide Inc.
- Green Millennium
- Nanoptek Corp.
- Osaka Titanium Technologies Co. Ltd.
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