PUBLISHER: Lucintel | PRODUCT CODE: 1523063
PUBLISHER: Lucintel | PRODUCT CODE: 1523063
Photocatalytic Coating Trends and Forecast
The future of the global photocatalytic coating market looks promising with opportunities in the building & construction, healthcare, and transportation markets. The global photocatalytic coating market is expected to reach an estimated $1.7 billion by 2030 with a CAGR of 9.2% from 2024 to 2030. The major drivers for this market are increasing demand for self-cleaning, de-polluting, and anti-microbial coatings in high-traffic areas, rising number of application of the photocatalytic coatings in the ceramic products, painted surface, and others, as well as, growth in R&D to boost TiO2 photocatalytic coating efficiency.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Photocatalytic Coating by Segment
The study includes a forecast for the global photocatalytic coating by type, application, end use, and region.
List of Photocatalytic Coating Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies photocatalytic coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the photocatalytic coating companies profiled in this report include-
Photocatalytic Coating Market Insights
Lucintel forecasts that zinc oxide will remain larger segment over the forecast period because it works effectively under both ultraviolet and visible light, unlike its main competitor, titanium dioxide.
Within this market, building & construction will remain the largest segment because the buildings offer immense expanses of surfaces, from walls and roofs to windows and facades, providing an ideal canvas for applying photocatalytic coatings.
APAC will remain the largest region over the forecast period due to region's huge demand for construction and infrastructure development, a prime application area for photocatalytic coatings.
Features of the Global Photocatalytic Coating Market
Market Size Estimates: Photocatalytic coating market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Photocatalytic coating market size by type, application, end use, and region in terms of value ($B).
Regional Analysis: Photocatalytic coating market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, end use, and regions for the photocatalytic coating market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the photocatalytic coating market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the photocatalytic coating market size?
Answer: The global photocatalytic coating market is expected to reach an estimated $1.7 billion by 2030.
Q2. What is the growth forecast for photocatalytic coating market?
Answer: The global photocatalytic coating market is expected to grow with a CAGR of 9.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the photocatalytic coating market?
Answer: The major drivers for this market are increasing demand for self-cleaning, de-polluting, and anti-microbial coatings in high-traffic areas, rising number of application of the photocatalytic coatings in the ceramic products, painted surface, and others, as well as, growth in R&D to boost TiO2 photocatalytic coating efficiency.
Q4. What are the major segments for photocatalytic coating market?
Answer: The future of the global photocatalytic coating market looks promising with opportunities in the building & construction, healthcare, and transportation markets.
Q5. Who are the key photocatalytic coating market companies?
Answer: Some of the key photocatalytic coating companies are as follows:
Q6. Which photocatalytic coating market segment will be the largest in future?
Answer: Lucintel forecasts that zinc oxide will remain larger segment over the forecast period because it works effectively under both ultraviolet and visible light, unlike its main competitor, titanium dioxide.
Q7. In photocatalytic coating market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to region's huge demand for construction and infrastructure development, a prime application area for photocatalytic coatings.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.