Photocatalyst Market Size Was Valued at USD 2.37 Billion in 2023, and is Projected to Reach USD 5.28 Billion by 2032, Growing at a CAGR of 9.3% From 2024-2032.
Photocatalysts are nanoparticles (NPs) with semiconducting features such as light absorption, charge transfer, and favorable electronic structure, among others. Photoactive NPs serve as catalysts in a variety of applications, including sustainable energy production and environmental remediation.