Photocatalyst Market

Photocatalyst Market

Global Market Study on Photocatalyst: Increasing Applicability in Air Purification Favoring Demand Growth

  • XPLREP4025

  • May, 2019

  • 251 Pages

  • Materials

Valuation of Global Photocatalyst Market to Proliferate at a Stellar CAGR of 10% Through Forecast Period

The global photocatalyst market is anticipated to witness substantial growth during the forecast period (2019 to 2029), according to a new market study by XploreMR. The growth of the market is primarily driven by extensive adoption of photocatalysis in a variety of applications, ranging from water treatment, antifouling treatment, textile antibacterial, and antibacterial treatment in medical facilities.

Likewise, photocatalysts are rampantly used in the water purification process in the paper and textile industries, which is expected to continue a significant portion of global revenue. Along similar lines, factors such as sprouting demand for photocatalytic oxidation air purifiers, and burgeoning popularity of building materials made of photocatalysts will further fuel the growth of the market. On the back of the aforementioned facets, the global photocatalyst market - which was valued at US$ 2.5 Bn at the end of 2018 - will flourish at a stellar CAGR of nearly 10% through the forecast period.

Application in Water Treatment Segment Shapes Growth Trajectory

XploreMR delivers a comprehensive breakdown of the global photocatalyst market, in its report titled, 'Photocatalyst Market: Global Industry Analysis 2014–2018 and Forecast 2019–2029'. The prime objective of this report is to convey complete analysis and comprehensions affecting the photocatalyst market. To estimate the market value of photocatalysts, the team has considered FY 2018 as the base year, and market values have been evaluated keeping in mind the trends, driving factors, and important developments by key market participants. The compound annual growth rate (CAGR) for photocatalysts has been derived for the period of 2019 to 2029.

A photocatalyst is a material that undergoes photosensitization, wherein, a photochemical modification occurs as a result of the absorption of radiation from solar as well as other visible light sources. Photocatalysts are mainly used for comprehensive air treatment, water purification, sewage treatment, textile antibacterial and antifouling treatment, and antibacterial treatment of medical facilities.

This global photocatalyst market report contains more than 20 sections that describe market numbers in terms of volume in tons and value in US$ Mn, at regional and global levels. The first section of the global photocatalyst market report covers an executive summary that elaborates on the trends being witnessed in the market, from the demand side as well as supply side. The subsequent section covers the global photocatalyst market introduction, including the market definitions of the segments considered, market taxonomy by type, form, application, and region, and other information that is significant to the market.

In the following section of the global photocatalyst market report, we have included market viewpoints, including macroeconomic factors, forecast factors, Porter’s analysis, and value chain analysis, along with a list of distributors, manufacturers, and end users. The next section of the global photocatalyst market report comprises the global industry analysis by volume and value, along with pricing analysis for North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa. The fifth section of the global photocatalyst market report includes qualitative as well as quantitative analysis of the photocatalyst market by every segment of the market.

Purchase Options
Global Market Study on Photocatalyst: Increasing Applicability in Air Purification Favoring Demand Growth
Buy Now
Custom Market Research Services

Custom Market Research Services

xploreMR offers custom market reserch services that help clients to get information on their business scenario required where syndicated solutions are not enough

Why Choose XploreMR

Why Choose XploreMR
  • Analyst Support

    Our analysts go above and beyond to answer your specific queries. We are with you throughout the entire journey – from initial discussion to post-purchase.

  • Country-wise Analysis & Forecasting

    As we track markets at country-level, we are able to offer hard-to-find market intelligence in both developed and emerging countries.

  • High Quality At Competitive Pricing

    We believe high quality market research shouldn’t be out of reach for businesses. Our competitively-priced market research reports ensure businesses of all sizes have access to quality information

Popular Reports

Bioprocess Bags Market Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2020 to 2030

Bioprocess Bags Market - Scope of the Report The bioprocess bags market study done by XploreMR gives exclusive information about how the market will grow during the forecast period of 2020 – 20 ...

Geotextile Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029

Global Geotextile Market – Scope of the Report The following report provides forecast and analysis of the global geotextile market along with the historical data of 2014, estimated data 2019 an ...