Photocatalyst Market – Future Scenario (+Size Grow USD 2.51 Billion), Key Insights, Top Companies by 2032
In 2021, the world’s Photocatalyst market was worth USD 2.51 Billion. This market is expected to grow at a CAGR of 9% between 2023-2032. The photocatalyst market is booming due to the rising demand for environmental friendly products. The development of photocatalytic materials has seen rapid progress in recent years due to their ability to decompose organic matter and toxins. Photocatalysts are usually made from semiconductor materials such as titanium dioxide, zinc oxide, and silicon dioxide. They are widely used in air purification, self-cleaning surfaces, water treatment, and degradation of organic contaminants. In terms of value, the air purification application…
- Date: October 19, 2022
- Author: Thomas Bretz
- Category: FinancialContent