The Global Photocatalyst Market size is estimated at USD 2.46 billion in 2023, and is expected to reach USD 3.91 billion by 2028, growing at a CAGR of 9.68% during the forecast period (2023-2028).
The COVID-19 pandemic had a negative impact on the market for photocatalysts. Currently, the market has recovered from the pandemic and growing at a significant rate.
The photocatalyst market is consolidated in nature, with the top five players having major production capacities. Some of the key players are The Chemours Company, Tronox Holdings PLC, Venator Materials PLC, Lomon Billions, KRONOS Worldwide Inc., and others.
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