Photocatalytic Coatings Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: TOTO, Kon, Mitsubishi Chemical

Global Photocatalytic Coatings market size was US$ 372 million In 2021 and it is expected to reach US$ 589.6 million by the end of 2027, with a CAGR of 7.0% during 2022-2027.

Photocatalytic Coatings Market Overview

Photocatalysts are elements that promote reactions by riveting light without being changed after or before the reaction. The most effective substance to show the photocatalytic capacity is said to be titanium dioxide. Key players in the market of photocatalytic coatings are Kon Corporation, Sto, Saint-Gobain, TOTO, and advanced materials who hold a market share of around 60%. Japan and Europe are top two markets in the world with respective market shares of 40% and 35%.

The report also assesses the key opportunities in the Photocatalytic Coatings market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Photocatalytic Coatings Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

This industry is affected by the economy and policy, so it's important to put an eye to economic indexes and leaders prefer. In recent years, the industry growth rate was slowing down because of the downstream demand.

Who are the Major Players in the Photocatalytic Coatings Market?

The global Photocatalytic Coatings includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include TOTO, Kon, Mitsubishi Chemical, Sto, Advanced Materials, Saint-Gobain, PUReTi, PPG, Green Earth Nano Science, Eco Active Solutions, Zhejiang Hexie Photocatalytic, Alpha Coatings, Photocatalytic Coatings Ltd., GP Asbestos, International Coatings Company,KRONOS Worldwide and others.

Industry News and Updates:

• Saint-Gobain manufacture EverClean Technology® is SHEERFILL® Architectural Membrane’s TiO2 based photocatalytic coating technology. This technology joins with nature's forces to naturally cleanse the environment to help protect our planet's future. In addition, by harnessing the sun's power and the rainwater that falls on our earth, we are installing environmentally and ecologically sound products that offer superior properties and improve our everyday living. Moreover, when UV light strikes the EverClean photocatalytic TiO2 based surface, hydroxy radicals (OH) and superoxide radicals (O2-) oxidize (decompose) organic substances. Rain or water washes them away, keeping SHEERFILL membranes dazzling white! Maintenance cleaning is virtually eliminated, as are environmentally damaging cleaning agents.

What are the major Applications, Types, and Regions for the Photocatalytic Coatings Market?

The market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

• <10 nm


• 10-20nm


• 20-30nm


• >30nm


• Other

By Application, it is segmented into

• Exterior Material


• Interior Material


• Other

Market Dynamics

The emerging markets drive the global photocatalytic coatings growth, and huge investment in research and development are the factors responsible for this market's growth. Moreover, the rising demand for improved self-cleaning property is expected to drive the market.

In rising demand for self-cleaning products grows, partly due to consumer awareness concerning the importance of hygiene and the spread of infectious diseases. Moreover, the global market is benefiting from the increased focus on the importance of sanitary conditions and the need to disinfect household surfaces. In addition, one of the major attractions of all-purpose disinfectants is convenience, with time-strapped consumers having less and less time for household chores but eager to maintain high standards of hygiene and cleanliness.

Furthermore, the innovation will prove important during the forecast period. Manufacturers keep up a constant advertising effort to promote brand image and reinforce market presence. Moreover, companies must be quick to meet changing demands and shift trends through product innovation and technological savvy. Increasing manufacturing lines to include natural and eco-friendly products and packaging options is one-way companies may need to evolve. In addition, the global self-cleaning market was valued at about USD 28 billion and is expected to reach USD 38 billion with a significant CAGR during the forecast period.

Photocatalytic Coatings Market Regional Analysis

APAC dominates the market for photocatalytic coatings due to the increasing demand for self-cleaning and smog-eating/air-purifying properties. China is expected to grow at a significant CAGR due to the growing penetration of the product in the construction industry. The growing pollution level in the country is expected to hinder the use of cost-effective photocatalyst-based air purification, thereby fuelling the market growth over the projected period.

North America is expected to be the fastest-growing region owing to technological innovation and increasing investment in the region. Moreover, the rising awareness and low maintenance cost associated with the product are the key drivers for the region's demand for photocatalysts.  In addition, Germany was one of the leading countries for the use of nanoparticle-based water treatment. The use of photocatalysis with nano-catalysts is a trusted method for disinfection. This is expected to contribute to the growing demand for photocatalyst coating.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Photocatalytic Coatings Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Photocatalytic Coatings Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Photocatalytic Coatings Market report scope?

Scope of the Report covers Photocatalytic Coatings Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Photocatalytic Coatings Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.

Report Attributes	Report Details
Report Title	Photocatalytic Coatings Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: TOTO, Kon, Mitsubishi Chemical
Forecast Period 2022 to 2027 CAGR	CAGR of 7.0% over the forecast period (2022-2027)
By Type	<10 nm 10-20nm 20-30nm >30nm Other
By Application	Exterior Material Interior Material Other
By Companies	TOTO, Kon, Mitsubishi Chemical, Sto, Advanced Materials, Saint-Gobain, PUReTi, PPG, Green Earth Nano Science, Eco Active Solutions, Zhejiang Hexie Photocatalytic, Alpha Coatings, Photocatalytic Coatings Ltd., GP Asbestos, International Coatings Company,KRONOS Worldwide
Regions Covered	North America Europe Asia-Pacific Rest of the World
Countries Covered	US Canada Germany France UK Italy Spain Rest of Europe China Japan India Australia South Korea Rest of Asia-Pacific Middle East & Africa Latin America
Base Year	2022
Historical Year	2017 to 2021
Forecast Year	2022 to 2027
Number of Pages	120
Customization Available	Yes, the report can be customized as per your needs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Key Takeaways from this Photocatalytic Coatings Report

• Evaluate Photocatalytic Coatings market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.


• Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.


• Get a quick outlook on the Photocatalytic Coatings market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Photocatalytic Coatings Market is studied from 2017 - 2027.

What is the growth rate of the Photocatalytic Coatings Market?

The Photocatalytic Coatings Market is growing at a CAGR of 7.0% over the next 5 years.

Who are the key players in Photocatalytic Coatings Market?

TOTO, Kon, Mitsubishi Chemical, Sto, Advanced Materials, Saint-Gobain, PUReTi, PPG, Green Earth Nano Science, Eco Active Solutions, Zhejiang Hexie Photocatalytic, Alpha Coatings, Photocatalytic Coatings Ltd., GP Asbestos, International Coatings Company,KRONOS Worldwide

 

What regions does this Photocatalytic Coatings Market report cover?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Photocatalytic Coatings Market?

<10 nm, 10-20nm, 20-30nm, >30nm, Other

 

What are the major end-use applications of Photocatalytic Coatings Market?

Exterior Material, Interior Material, Other

 

All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.