Market Overview:
The global photocatalyst coating market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for photocatalytic coatings from various end-use industries, such as health care, hotel and catering, industrial facilities, agriculture, and others. In addition, the growing awareness about the benefits of using photocatalytic coatings is also contributing to the growth of this market. Based on type, the global photocatalyst coating market can be segmented into indoor type and outdoor type. The indoor type segment is projected to grow at a higher CAGR than the outdoor type segment during the forecast period. This growth can be attributed to factors such as rising consumer awareness about air quality and growing demand for energy-efficient buildings. Based on application,the global photocatalyst coating market can be divided into health care sector; hotel and catering sector; industrial facilities sector; agriculture sector;and others (including transportation infrastructure).
Product Definition:
A photocatalyst coating is a thin film of material that, when exposed to light, can catalyze a chemical reaction. This type of coating is often used in pollution control applications, as it can help break down harmful pollutants into less harmful compounds. Photocatalyst coatings are also being explored for use in solar energy harvesting and water splitting applications.
Indoor Type:
The global indoor type market size was valued at USD 5.5 billion in 2016 and is expected to witness a growth of 6.6% over the forecast period, growing at an estimated CAGR of XX% from 2017 to 2020. Increasing demand for photovoltaic (PV) coating owing to its ability to reduce the solar cell's surface area-to-volume ratio is likely drive industry growth over the coming years.
Outdoor Type:
Outdoor type is a photovoltaic cell that produces direct current (DC). It is used in the coating of photocatalysts. Photocatalysts are materials that can produce their own energy or can be converted to other forms of energy by light. The most common form of photocatalyst used in coatings market includes titanium dioxide, ruthenium dioxide, and copper indium selenide among others.
Application Insights:
The hotel and catering application segment led the global market in 2017. The growth of this segment is attributed to rising construction of new hotels across the globe. For instance, according to a blog by The Economist, around 70% of the rooms constructed globally are located in Asia Pacific region which points towards high demand for coatings in this sector. Photocatalysts provide various advantages such as protection from UV rays and weather conditions, anti-fogging properties that enhance visibility during service hours thus increasing customer satisfaction leading to an increase in demand for coatings over time.
Photocatalysts have wide applications including water treatment plants and industrial facilities where they are used on windows or walls providing thermal insulation along with UV filtration capabilities which enhances productivity at workstations over time driving their demand further upscaling the industry growth forecasted for 2018-2030 period.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its position through 2030, with the U.S. being a major contributor to regional growth owing to increasing R&D activities and technological advancements in various academic institutions and research centers across the country.
The Asia Pacific is anticipated to be one of the fastest-growing regions over the forecast period owing to rising product demand from several industries, such as healthcare, industrial facilities, agriculture, etc.
Growth Factors:
- Increasing demand for photocatalyst coatings from the automotive and construction industries due to their ability to reduce emissions and improve air quality.
- Growing awareness of the benefits of photocatalytic coatings among consumers, leading to an increase in demand for these products in residential applications.
- The increasing use of photocatalytic coatings in wastewater treatment plants as a way to reduce environmental pollution.
- The development of new and more efficient photocatalytic coating technologies that can be used in a wider range of applications.
- The growing market for self-cleaning surfaces, which are made using photocatalytic coatings, as more people become aware of their benefits
Scope Of The Report
Report Attributes
Report Details
Report Title
Photocatalyst Coating Market Research Report
By Type
Indoor Type, Outdoor Type
By Application
Health Care, Hotel and Catering, Industrial Facilities, Agriculture, Others
By Companies
Asahipen Corporation, Green Millennium, Shin-Etsu Chemical, Ecotio2, KEIM, SolGelWay, CleanShield, KRONOS, Japan Photocatalyst Center, USA Nanocoat, Asahipen Corporation, Beijing Jie Dao Fu
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Photocatalyst Coating Market Report Segments:
The global Photocatalyst Coating market is segmented on the basis of:
Types
Indoor Type, Outdoor Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Health Care, Hotel and Catering, Industrial Facilities, Agriculture, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Asahipen Corporation
- Green Millennium
- Shin-Etsu Chemical
- Ecotio2
- KEIM
- SolGelWay
- CleanShield
- KRONOS
- Japan Photocatalyst Center
- USA Nanocoat
- Asahipen Corporation
- Beijing Jie Dao Fu
Highlights of The Photocatalyst Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Indoor Type
- Outdoor Type
- By Application:
- Health Care
- Hotel and Catering
- Industrial Facilities
- Agriculture
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Photocatalyst Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A photocatalyst coating is a thin film that is applied to the surface of an object to increase its ability to convert light into chemical energy. This can be useful in a number of applications, such as solar cells and fuel cells.
Some of the major players in the photocatalyst coating market are Asahipen Corporation, Green Millennium, Shin-Etsu Chemical, Ecotio2, KEIM, SolGelWay, CleanShield, KRONOS, Japan Photocatalyst Center, USA Nanocoat, Asahipen Corporation, Beijing Jie Dao Fu.
The photocatalyst coating market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Photocatalyst Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Photocatalyst Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Photocatalyst Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Photocatalyst Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Photocatalyst Coating Market Size & Forecast, 2018-2028
4.5.1 Photocatalyst Coating Market Size and Y-o-Y Growth
4.5.2 Photocatalyst Coating Market Absolute $ Opportunity
Chapter 5 Global Photocatalyst Coating Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Photocatalyst Coating Market Size Forecast by Type
5.2.1 Indoor Type
5.2.2 Outdoor Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Photocatalyst Coating Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Photocatalyst Coating Market Size Forecast by Applications
6.2.1 Health Care
6.2.2 Hotel and Catering
6.2.3 Industrial Facilities
6.2.4 Agriculture
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Photocatalyst Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Photocatalyst Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Photocatalyst Coating Analysis and Forecast
9.1 Introduction
9.2 North America Photocatalyst Coating Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Photocatalyst Coating Market Size Forecast by Type
9.6.1 Indoor Type
9.6.2 Outdoor Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Photocatalyst Coating Market Size Forecast by Applications
9.10.1 Health Care
9.10.2 Hotel and Catering
9.10.3 Industrial Facilities
9.10.4 Agriculture
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Photocatalyst Coating Analysis and Forecast
10.1 Introduction
10.2 Europe Photocatalyst Coating Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Photocatalyst Coating Market Size Forecast by Type
10.6.1 Indoor Type
10.6.2 Outdoor Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Photocatalyst Coating Market Size Forecast by Applications
10.10.1 Health Care
10.10.2 Hotel and Catering
10.10.3 Industrial Facilities
10.10.4 Agriculture
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Photocatalyst Coating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Photocatalyst Coating Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Photocatalyst Coating Market Size Forecast by Type
11.6.1 Indoor Type
11.6.2 Outdoor Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Photocatalyst Coating Market Size Forecast by Applications
11.10.1 Health Care
11.10.2 Hotel and Catering
11.10.3 Industrial Facilities
11.10.4 Agriculture
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Photocatalyst Coating Analysis and Forecast
12.1 Introduction
12.2 Latin America Photocatalyst Coating Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Photocatalyst Coating Market Size Forecast by Type
12.6.1 Indoor Type
12.6.2 Outdoor Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Photocatalyst Coating Market Size Forecast by Applications
12.10.1 Health Care
12.10.2 Hotel and Catering
12.10.3 Industrial Facilities
12.10.4 Agriculture
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Photocatalyst Coating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Photocatalyst Coating Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Photocatalyst Coating Market Size Forecast by Type
13.6.1 Indoor Type
13.6.2 Outdoor Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Photocatalyst Coating Market Size Forecast by Applications
13.10.1 Health Care
13.10.2 Hotel and Catering
13.10.3 Industrial Facilities
13.10.4 Agriculture
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Photocatalyst Coating Market: Competitive Dashboard
14.2 Global Photocatalyst Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Asahipen Corporation
14.3.2 Green Millennium
14.3.3 Shin-Etsu Chemical
14.3.4 Ecotio2
14.3.5 KEIM
14.3.6 SolGelWay
14.3.7 CleanShield
14.3.8 KRONOS
14.3.9 Japan Photocatalyst Center
14.3.10 USA Nanocoat
14.3.11 Asahipen Corporation
14.3.12 Beijing Jie Dao Fu
