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Between 2023 and 2030, the market for photocatalytic coatings is expected to expand from $0.19 billion to $1.14 billion, representing a compound annual growth rate (CAGR) of 10.7 percent. Demand for Photocatalytic Coatings will be fueled in heavily traveled regions by their self-cleaning, de-polluting, and anti-microbial qualities.
The results of photo catalysis reaction are photocatalytic coatings. Acceleration of a photoreaction by a catalyst is known as photo catalysis. Light is taken in by an adsorption substrate in catalyzed photolysis. In photo-generated catalysis, the photo catalytic activity (PCA) is determined by the catalyst's capacity to create electron-hole pairs, which generate free radicals capable of secondary reactions. Titanium dioxide (TiO) is widely used for its ability to electrolyze water molecules. When sprayed to a surface, a photo catalytic coating can automatically eliminate any dirt that has built up over time.
Consumers and business owners are increasingly concerned about indoor air quality. Carpets, heating systems, furniture, insulation, dogs, garbage, and fuels stored in a garage are just some of the many potential sources of volatile organic compounds (VOCs) in indoor air. The majority of photocatalysts used in coating systems are dispersions. A number of systems, including a low-solids gloss polish, a higher-solids gloss polish, a satin 2K urethane system, etc., are water based and can be found in stores. Many studies investigating various compositions of water-based photocatalytic TiO2 coatings are under underway. In 2017, for instance, styrene-acrylic coatings based on water are evaluated for their ability to evaluate the photocatalytic effectiveness of TIO2 nanoparticles. Even without adequate UV stabilizers, the coating materials have been deemed viable for indoor applications due to their color features, photocatalytic action, and resistance to VOC emissions and self-degradation.
When creating photocatalytic coatings, nanotechnology is a crucial component. This aims to not only enhance the coating's conventional qualities, but also to provide traditional coatings with additional functions like self-cleaning, antibacterial, and air-purifying capabilities in the future. In spite of nearly two decades' worth of research into TiO2 photocatalysis aimed at achieving the aforementioned features, the existing limitations in deploying this light-driven technology have reduced its effectiveness in in-situ application and increased expenses for customers. As a result, there are significant knowledge gaps concerning the fundamentals of TiO2 with respect to interior surfaces, despite the fact that its multifunctional capabilities have been demonstrated both at the laboratory scale and in pilot projects.
Photocatalytic coatings are widely used in the construction industry, but the pandemic caused widespread interruptions due to lockdowns, labor shortages, and supply chain concerns. As a result, there was less need for these coatings in building projects. Industry growth is expected to be spurred in the next years by the declining incidence of COVID-19 and the consequent strategies implemented by government and non-government groups.
White pigments, plastics, and papers often include titanium dioxide, a white powder. Its UV-absorbing properties make it useful in cosmetics as well. Titanium dioxide is refined into a fine powder and then subjected to a minor transformation in the crystal structure to create a photo catalyst with enhanced photocatalytic properties. It possesses hydrophilic properties and the ability to decompose when subjected to ultraviolet radiation. As a result of these reasons, the photocatalytic coatings market is predicted to expand steadily over the projected period.
Report Coverage
Global Photocatalytic Coatings research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Photocatalytic Coatings report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Photocatalytic Coatings competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Photocatalytic Coatings market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Photocatalytic Coatings market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Photocatalytic Coatings market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
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.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Photocatalytic Coatings market based on the below-mentioned segments:
Global Photocatalytic Coatings Market, By Type
Titanium dioxide
Zinc oxide
Global Photocatalytic Coatings market, By Application
Self-Cleaning
Air Purification
Water Treatment
Anti-Fogging
Global Photocatalytic Coatings Market, By End User
Building & Construction
Healthcare
Transportation
Global Photocatalytic Coatings market, Regional Analysis
The results of photo catalysis reaction are photocatalytic coatings. Acceleration of a photoreaction by a catalyst is known as photo catalysis. Light is taken in by an adsorption substrate in catalyzed photolysis. In photo-generated catalysis, the photo catalytic activity (PCA) is determined by the catalyst's capacity to create electron-hole pairs, which generate free radicals capable of secondary reactions. Titanium dioxide (TiO) is widely used for its ability to electrolyze water molecules. When sprayed to a surface, a photo catalytic coating can automatically eliminate any dirt that has built up over time.
Consumers and business owners are increasingly concerned about indoor air quality. Carpets, heating systems, furniture, insulation, dogs, garbage, and fuels stored in a garage are just some of the many potential sources of volatile organic compounds (VOCs) in indoor air. The majority of photocatalysts used in coating systems are dispersions. A number of systems, including a low-solids gloss polish, a higher-solids gloss polish, a satin 2K urethane system, etc., are water based and can be found in stores. Many studies investigating various compositions of water-based photocatalytic TiO2 coatings are under underway. In 2017, for instance, styrene-acrylic coatings based on water are evaluated for their ability to evaluate the photocatalytic effectiveness of TIO2 nanoparticles. Even without adequate UV stabilizers, the coating materials have been deemed viable for indoor applications due to their color features, photocatalytic action, and resistance to VOC emissions and self-degradation.
When creating photocatalytic coatings, nanotechnology is a crucial component. This aims to not only enhance the coating's conventional qualities, but also to provide traditional coatings with additional functions like self-cleaning, antibacterial, and air-purifying capabilities in the future. In spite of nearly two decades' worth of research into TiO2 photocatalysis aimed at achieving the aforementioned features, the existing limitations in deploying this light-driven technology have reduced its effectiveness in in-situ application and increased expenses for customers. As a result, there are significant knowledge gaps concerning the fundamentals of TiO2 with respect to interior surfaces, despite the fact that its multifunctional capabilities have been demonstrated both at the laboratory scale and in pilot projects.
Photocatalytic coatings are widely used in the construction industry, but the pandemic caused widespread interruptions due to lockdowns, labor shortages, and supply chain concerns. As a result, there was less need for these coatings in building projects. Industry growth is expected to be spurred in the next years by the declining incidence of COVID-19 and the consequent strategies implemented by government and non-government groups.
White pigments, plastics, and papers often include titanium dioxide, a white powder. Its UV-absorbing properties make it useful in cosmetics as well. Titanium dioxide is refined into a fine powder and then subjected to a minor transformation in the crystal structure to create a photo catalyst with enhanced photocatalytic properties. It possesses hydrophilic properties and the ability to decompose when subjected to ultraviolet radiation. As a result of these reasons, the photocatalytic coatings market is predicted to expand steadily over the projected period.
Report Coverage
Global Photocatalytic Coatings research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Photocatalytic Coatings report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Photocatalytic Coatings competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Photocatalytic Coatings market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | 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. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Photocatalytic Coatings Market from 2021 to 2030.
- Market Forecast for Photocatalytic Coatings Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Photocatalytic Coatings competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Photocatalytic Coatings
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Photocatalytic Coatings market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Photocatalytic Coatings market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
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.
Primary Target Market
- Market Players of Photocatalytic Coatings
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Photocatalytic Coatings market based on the below-mentioned segments:
Global Photocatalytic Coatings Market, By Type
Titanium dioxide
Zinc oxide
Global Photocatalytic Coatings market, By Application
Self-Cleaning
Air Purification
Water Treatment
Anti-Fogging
Global Photocatalytic Coatings Market, By End User
Building & Construction
Healthcare
Transportation
Global Photocatalytic Coatings market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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