Photocatalysts: Technologies and Global Markets
The global market for photocatalyst products increased from $1.4 billion in 2013 to nearly $1.5 billion in 2014, and is estimated to be valued at nearly $1.6 billion in 2015. The total market for photocatalyst products is forecast to grow at a CAGR of 12.6% during the next five years, reaching nearly $2.9 billion by 2020.
- An overview of the global markets and technologies relating to photocatalysts.
- Analyses of global market trends, with data from 2013 and 2014, estimates for 2015, and projections of CAGRs through 2020.
- A detailed review of photocatalysts, including a description of materials, types, and production technologies.
- Highlights of new technological developments in photocatalyst manufacturing, while outlining technical issues.
- Information about current fields of application for photocatalysts as well as emerging applications.
- Breakdowns by material type, application, and region.
- Profiles of major players in the industry.
This study provides an updated review of photocatalyst technology, including materials and production processes, and identifies current and emerging applications for this technology. BCC Research determines the current market status of photocatalyst products, defines trends, and presents growth forecasts for the next five years. The photocatalyst market is evaluated based on the following segments: material type, application, and region. In addition, technological issues, including key events and the latest process developments, are discussed.
More specifically, the market analysis conducted by BCC Research for this report is divided into five sections. In the first section, an introduction to the topic and a historical review of photocatalysts is provided, including an outline of recent events. In this section, current and emerging applications for these materials are also identified and described by sector (i.e., automotive, construction, consumer products, environmental, energy, medical/dental, and mechanical/chemical).
The second section provides a technological review of photocatalyst materials, types, and their fabrication processes. This section concludes with an analysis of the most important technological developments since 2013, including examples of significant patents recently issued or applied for, as well as highlights of the most active research organizations operating in this field.
The third section entails a global market analysis of photocatalyst-based products. Global revenues (sales data in millions of dollars) for photocatalyst products are presented for each segment (material type, application, and region) with actual data for the years 2013 and 2014, and estimated revenues for 2015.
The analysis of past and current revenues for photocatalyst-based products is followed by a detailed presentation of market growth trends based on industry growth, technological trends, and regional trends. The third section concludes by providing projected revenues for photocatalyst products within each segment, together with forecast compound annual growth rates (CAGRs) for 2015 through 2020.
In the fourth section of the study, which covers global industry structure, the report offers a list of the leading manufacturers of photocatalysts and a description of their products. The analysis includes a description of the regional distribution of these suppliers and an evaluation of other key industry players. Detailed company profiles of the top players are also provided.
The fifth and final section includes an extensive U.S. patent analysis, with a summary of patents related to photocatalyst materials, fabrication methods, and applications. The patents examined in this study were issued during the period 2013 through 2015. Patent analysis is performed by region, country, assignee, patent category, application, and material type.
Margareth Gagliardi has extensive experience in the field of advanced materials, specializing in ceramic formulations, materials processing, and new product development. For more than 20 years, she has held management positions in both manufacturing and R&D within U.S. and European firms producing electronic, mechanical, chemical and structural components. She currently works as a consultant serving a variety of organizations and research institutions. She holds a B.S. in Chemical Engineering and an M.S. in Ceramic Engineering.
The total global market for photocatalyst products is forecast to grow at a compound annual growth rate (CAGR) of 14.3% during the next 5 years, increasing from $848 million in 2009 to nearly $1.7 billion in total revenues by 2014.
Photocatalyst products for the construction sector currently account for the largest share of the market, with estimated 2009 revenues of $740.3 million (or 87.4% of the total). This sector will grow at a compound annual growth rate (CAGR) of 14.5% to reach $1.5 billion in 2014.
The consumer products market segment was worth $85 million in 2009 and is expected to grow at a compound annual growth rate (CAGR) of 13.2% to reach a value of $158 million in 2014.
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