Global Photocatalyst Paint Market, 2013-2023
Photocatalyst paint are used for pollution neutralizing. Titanium dioxide (TIO2) in self-sterilizing photocatalytic coatings surface technology design to aiming safe and healthy living environment withself-clean the surface, remove air and water contaminates, suppression of microbial growth, degrading hazardous organic pollutants into harmless substance. The surfaces coated with 10-20nm layer of TiO2. One of the major advantages for titanium dioxide is its resistance to discoloration under ultraviolet (UV) light in exposed applications. It is used in products such as paints and coatings, including glazes and enamels, plastics, paper and inks.
The photocatalyst paints employed at indoor and outdoor applications. It is used in sterilization of surgical instruments,it also offers high levels of algae and fungal resistance. Titanium dioxide (TIO2) is applied on various types of surfacesto make them self-cleaning under sunlight as well as room light.For the inorganic surface and coating, the different wavelength of light (UV light)can be used externally. the wide area of applications includes,self-cleaning automotive glass, self-cleaning architectural glass,medical, road and tunnel, water and air purifier, self-cleaning solar cell coating.The internal types of coating applied to door and window glass, ceramic tiles which dumper due to oil, dirt and smoke.
The global photocatalyst paints market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global photocatalyst paints market is growing at a fast pace and increasing its geographical footprint rapidly. The global photocatalyst paints market is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.
The growth is comparatively higher in Middle East,African andAsia Pacific region due to expansion in construction industry.The major growth driver for global photocatalystpaints market globally is the rapid expansion in the construction industry and end user utility due to increasing population. Another reason is low costs and the ease of use.
The major impediments to the expansion of global photocatalystpaintsmarket is price hike of raw material(coal tar) in future.it has adverse effect on environment on excessive release into water. It may also adverse effect on health of human, kind of skin, eye, irritation and dizziness.
Photocatalyst paints enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East and Africa, and South America. These regions serve large number of manufacturers and are hence responsible for the growth of photocatalyst paints market globally. The companies that lead global photocatalyst paints market are Okitsumo, Toto, Cristal, Eoxolit, Fumin, Heidelberg Cement, Panasonic and Advance Chemical Co. Ltd.
The research procedure begins with the bifurcation of various market segments of global photocatalyst paint market, followed by detection of factors affecting the growth each segment. Then, the market forecasts were built based on the inputs given by the business leaders across photocatalyst paint industry value chain. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type: Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography: North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)
By designation: Top level (40%), Operation level (20%), Mid-level (40%)