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Global Photocatalytic Water Treatment Market to reach USD 16.22 billion by the end of 2030.

Global Photocatalytic Water Treatment Market Size study & Forecast, by Type (Metal Complexes, Organic Dyes, Heterogeneous and Homogeneous Catalysts, Others), By Application (Organic & Inorganic Pollutant Degradation, Disinfection, Microplastic Treatment, Drinking Water Treatment, Other), By End-Use (Industrial, Commercial), and Regional Analysis, 2023-2030

Product Code: CMGCN-47718492
Publish Date: 4-10-2023
Page: 200

Global Photocatalytic Water Treatment Market is valued at approximately USD 9.8 billion in 2022 and is anticipated to grow with a growth rate of more than 6.5% over the forecast period 2023-2030. Photocatalysis is a proven method for degrading pollutants and producing hydrogen by water splitting. Photocatalytic Uses solar energy to remove dangerous microscopic contaminants from water. Photocatalysts are used for antifouling, antifogging, conservation and storage of energy, deodorization, sterilization, self-cleaning, air purification, wastewater treatment, etc. The increasing demand for clean water, growth in technological advancements and the adoption of eco-friendly wastewater solutions are key factors responsible for Photocatalytic Water Treatment growth over the forecast period of 2023-2030.

According to the World Health Organization, in 2023, Globally, there will be 3,95,000 deaths due to unsafe water among children under the age of five, which represents 7.6% of deaths. This included 273 000 deaths from diarrhea and 1,12,000 deaths from acute respiratory infections. The increased demand for clean water is the primary factor of growth in the market. Also, rising stringent government laws towards water management will accelerate market growth. Moreover, increased awareness regarding water pollution and a rise in investment in research and development in photocatalysis are anticipated to create a positive outlook for the market. For Instance, in Feb 2022, the University of California, Berkley announced the creation of a new graphene oxide-based photocatalyst material. The material is stable and more effective at removing pollutants from water. However, high manufacturing costs stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Photocatalytic Water Treatment Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in terms of revenue owing to factors such as the rise in investment in the R&D of wastewater treatment, technological advancements in water treatment, and growing awareness about the importance of water treatment would create lucrative growth prospects for the Water Treatment Systems Market across Asia-Pacific region. North America is the fastest-growing region due to increased usage of nanoparticle-based water treatment and growth in environmental sustainability in the region.

Major market player included in this report are:
Tronox Holdings PLC
Hangzhou Harmony Chemicals Co., Ltd.
Toshiba Materials Co., Ltd.
Ishihara Sangyo Kaisha Ltd.
KRONOS Worldwide Inc
JSR Corp.
OSAKA Titanium Technologies Co., Ltd.
Daicel Corp.
Nanoptek Corp.

Recent Developments in the Market:
⮚ In October 2020,The Chinese Academy of Sciences announced the development of a novel method for immobilizing photocatalysts on surfaces.The method uses a graphene oxide covering to protect the photocatalyst from degeneration, making it more durable and useful.
Global Photocatalytic Water Treatment Market Report Scope:
✔ Historical Data – 2020 – 2021
✔ Base Year for Estimation – 2022
✔ Forecast period – 2023-2030
✔ Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
✔ Segments Covered – Type, Application, End-Use, Region
✔ Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
✔ Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Metal Complexes
Organic Dyes
Heterogeneous and Homogeneous Catalysts

By Application:
Organic & Inorganic Pollutant Degradation
Microplastic Treatment
Drinking Water Treatment

By End-use:

By Region:
North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Photocatalytic Water Treatment Market, by region, 2020-2030 (USD Billion)
1.2.2. Photocatalytic Water Treatment Market, by Type, 2020-2030 (USD Billion)
1.2.3. Photocatalytic Water Treatment Market, by Application, 2020-2030 (USD Billion)
1.2.4. Photocatalytic Water Treatment Market, by End-Use, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Photocatalytic Water Treatment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Photocatalytic Water Treatment Market Dynamics
3.1. Photocatalytic Water Treatment Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increasing demand for clean water Rising stringent government laws towards water management
3.1.2. Market Challenges High cost of Photocatalytic Water Treatment
3.1.3. Market Opportunities Increased awareness regarding water pollution Rise in investment in research and development
Chapter 4. Global Photocatalytic Water Treatment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Photocatalytic Water Treatment Market, by Type
5.1. Market Snapshot
5.2. Global Photocatalytic Water Treatment Market by Type, Performance – Potential Analysis
5.3. Global Photocatalytic Water Treatment Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Photocatalytic Water Treatment Market, Sub Segment Analysis
5.4.1. Metal Complexes
5.4.2. Organic Dyes
5.4.3. Heterogeneous and Homogeneous Catalysts
5.4.4. Others
Chapter 6. Global Photocatalytic Water Treatment Market, by Application
6.1. Market Snapshot
6.2. Global Photocatalytic Water Treatment Market by Application, Performance – Potential Analysis
6.3. Global Photocatalytic Water Treatment Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Photocatalytic Water Treatment Market, Sub Segment Analysis
6.4.1. Organic & Inorganic Pollutant Degradation
6.4.2. Disinfection
6.4.3. Microplastic Treatment
6.4.4. Drinking Water Treatment
6.4.5. Other
Chapter 7. Global Photocatalytic Water Treatment Market, by End-Use
7.1. Market Snapshot
7.2. Global Photocatalytic Water Treatment Market by End-Use, Performance – Potential Analysis
7.3. Global Photocatalytic Water Treatment Market Estimates & Forecasts by End-Use 2020-2030 (USD Billion)
7.4. Photocatalytic Water Treatment Market, Sub Segment Analysis
7.4.1. Industrial
7.4.2. Commercial
Chapter 8. Global Photocatalytic Water Treatment Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Photocatalytic Water Treatment Market, Regional Market Snapshot
8.4. North America Photocatalytic Water Treatment Market
8.4.1. U.S. Photocatalytic Water Treatment Market Type breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030 End-Use breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Photocatalytic Water Treatment Market
8.5. Europe Photocatalytic Water Treatment Market Snapshot
8.5.1. U.K. Photocatalytic Water Treatment Market
8.5.2. Germany Photocatalytic Water Treatment Market
8.5.3. France Photocatalytic Water Treatment Market
8.5.4. Spain Photocatalytic Water Treatment Market
8.5.5. Italy Photocatalytic Water Treatment Market
8.5.6. Rest of Europe Photocatalytic Water Treatment Market
8.6. Asia-Pacific Photocatalytic Water Treatment Market Snapshot
8.6.1. China Photocatalytic Water Treatment Market
8.6.2. India Photocatalytic Water Treatment Market
8.6.3. Japan Photocatalytic Water Treatment Market
8.6.4. Australia Photocatalytic Water Treatment Market
8.6.5. South Korea Photocatalytic Water Treatment Market
8.6.6. Rest of Asia Pacific Photocatalytic Water Treatment Market
8.7. Latin America Photocatalytic Water Treatment Market Snapshot
8.7.1. Brazil Photocatalytic Water Treatment Market
8.7.2. Mexico Photocatalytic Water Treatment Market
8.8. Middle East & Africa Photocatalytic Water Treatment Market
8.8.1. Saudi Arabia Photocatalytic Water Treatment Market
8.8.2. South Africa Photocatalytic Water Treatment Market
8.8.3. Rest of Middle East & Africa Photocatalytic Water Treatment Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Tronox Holdings PLC Key Information Overview Financial (Subject to Data Availability) Application Summary Recent Developments
9.3.2. BASF SE
9.3.3. Hangzhou Harmony Chemicals Co., Ltd.
9.3.4. Toshiba Materials Co., Ltd.
9.3.5. Ishihara Sangyo Kaisha Ltd.
9.3.6. KRONOS Worldwide Inc
9.3.7. JSR Corp.
9.3.8. OSAKA Titanium Technologies Co., Ltd.
9.3.9. Daicel Corp.
9.3.10. Nanoptek Corp.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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