The demand for Photocatalyst Market 2019 is anticipated to be high for the next few years. By considering this demand we provide latest Photocatalyst Market Report which gives complete industry analysis, market outlook, size, growth and forecast till 2025. This report will assist in analyzing the current and future business trends, sales and revenue forecasts.
Global Photocatalyst Market Overview:
Te Global Photocatalyst Market to reach USD 4.49 Billion by 2025. The Global Photocatalyst Market valued approximately USD 1.70 Billion in 2016 is forecasted to grow with a healthy growth rate of more than 11.41% over the forecast period 2018-2025.
The major factors speculated to augment the markets are rising demand for low VOC coatings in the building & construction industry, and growing water scarcity due to brisk industrial growth and exhausting freshwater resources. A photocatalyst is an eco-friendly material as it does not display any toxicity and absorbs sunlight or even lamplight for its functioning. Furthermore, there are even fewer regulations over the materials including zinc oxide and titanium dioxide due to its harmless character.
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The Global Photocatalyst Market covers segment data, including: Type segment, Application segment, Industry segment, Channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients’ information, which is very important for the manufacturers.
The regional analysis of Global Photocatalyst Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asian region is the leading region across the world in terms of market share. Whereas, North American region is expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
Latest Industry News:
BASF SE (August 14, 2019) – BASF, Solvay and Domo Chemicals reach agreement on acquisition of Solvay’s polyamide business – Today, BASF, Solvay and Domo Chemicals agreed that Domo will acquire the European PA6.6 business from Solvay. This transaction is targeted to close by the end of 2019 and remains subject to the approval of the relevant competition authorities. BASF will acquire the global, non-European PA6.6 business from Solvay including its 50% share in Butachimie’s adipodinitrile (ADN) production according to the agreement signed in September 2017. Subject to the approval of the transaction between Domo and Solvay and final approval of the relevant competition authorities, the transaction between BASF and Solvay is also targeted to close by the end of 2019.
The intended acquisition by BASF now comprises a total of eight production sites in Germany, France, China, India, South Korea, Brazil and Mexico. In France, BASF and Domo will also enter into a joint venture to produce adipic acid. Furthermore, three research and development centers in South Korea, China and Brazil and six technical consultation centers in Asia as well as in North and South America will be transferred from Solvay to BASF.
The purchase price to be paid by BASF on a cash and debt-free basis would amount to €1.3 billion. Solvay’s businesses to be acquired by BASF generated sales of around €1.0 billion in 2018. At closing, approximately 700 Solvay employees will move to BASF. The intended joint venture between BASF and Domo in France will employ approximately 650 employees. BASF is planning to integrate the businesses into its Monomers and Performance Materials divisions.
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Major Key Players:
1 Ishihara Sangyo Kaisha, Ltd.
2 TOTO Corporation
3 BASF SE
4 JSR Corporation
5 Showa Denko K.K.
6 KRONOS Worldwide, Inc.
8 OSAKA Titanium Technologies Co., Ltd.
9 Green Millennium
10 TiPE and More……………….
Region segment: Photocatalyst Market report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Photocatalyst in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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Major Points in Table of Contents:
Global Photocatalyst Market Report 2018
1 Global Photocatalyst Market Definition & Scope
2 Research Methodology
3 Executive Summary
4 Global Photocatalyst Market Dynamics
5 Global Photocatalyst Market by Material
6 Global Photocatalyst Market by Application
7 Global Photocatalyst Market, Regional Analysis
8 Competitive Intelligence
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