The development of photocatalytic processes, materials, and chemicals offers opportunities to solve environmental issues such as pollutant degradation, clean air and provide a clean and sustainable environment via environmental remediation, CO2 photo reduction to fuels, water splitting, H2 production, interior bacterial and viral disinfection and suitable organic syntheses. Photocatalytic coatings offer environmentally-friendly disinfectant methods that are safe and effective for home use.
Market Dynamics
The growth of the global photocatalytic coatings market is mainly driven by the emerging markets, and this market has seen significant investment in R&D. Additionally, the market is anticipated to be driven by the increased need for better self-cleaning property. Increasing consumer awareness of the significance of cleanliness and the development of infectious diseases has contributed to the increase in demand for self-cleaning products. Furthermore, the global market benefits from a greater importance of sanitary conditions and the need to disinfect household surfaces. Furthermore, one of the major attractions of all-purpose disinfectants is convenience, with time-pressed consumers having less and less time for household chores but still wanting to maintain high hygiene and cleanliness standards.
In Europe, photocatalytic coatings’ widespread use in optical imaging and medicinal applications has expanded the demand for the metal in Western and Eastern Europe. The increasing usage of photocatalytic coatings in hospitals, clinics, acute care facilities, arenas, airports, among others applications in Europe has increased demand for the metal in Europe. Self-cleaning photocatalytic coatings that utilise UV light are currently only appropriate for use on inorganic surfaces and coatings on the outside.
Key features of the study:
- This report provides an in-depth analysis of global photocatalytic coatings market, and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global photocatalytic coatings market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Mitsubishi Chemical Corporation, KoN Corporation, PPG Industries, Inc., photocatalytic coatings Ltd, Alpha Coatings, KRONOS Worldwide, Inc., Saint-Gobain, PURETi Group, LLC, Sto SE & Co. KGaA, and Eco Active Solutions
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
- The global photocatalytic coatings market report caters to various stakeholders in this industry including investors, suppliers, photocatalytic coatings manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global photocatalytic coatings market
Detailed Segmentation:
- Global Photocatalytic Coatings Market, By Coatings Type:
- Titanium dioxide (TnO2)
- Zinc oxide (ZnO)
- Others
- Global Photocatalytic Coatings Market, By Thickness Type:
- <10nm
- 10-20nm
- 20-30nm
- >30nm
- Global Photocatalytic Coatings Market, By Application:
- Concrete
- Building panels
- Glass
- Ceramics
- Painted surfaces
- Others
- Global Photocatalytic Coatings Market, By Region:
- North America
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Country:
- Germany
- U.K
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- Company Profiles
- Mitsubishi Chemical Corporation*
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments
- Future Plans
- KoN Corporation
- PPG Industries, Inc.
- Photocatalytic Coatings Ltd
- Alpha Coatings
- KRONOS Worldwide, Inc.
- Saint-Gobain
- PURETi Group, LLC
- Sto SE & Co. KGaA
- Eco Active Solutions
“*” marked represents similar segmentation in other categories in the respective section.