Photocatalyst to a trillion yen market in 2005 1999.12.15

The Mitsubishi Research Institute has compiled a survey that the domestic market for catalytic products used in environmental and purification, such as exhaust gas purification and dioxin treatment, will expand to approximately JPY 200 trillion in 2005. In light of this, we see that photocatalyst that decomposes organic matter leads to the catalyst market, and forecasts that the current market size of about 40 billion yen will swell to 1 trillion yen in 2005. The scope of use for water treatment equipment and textile products is expected to expand.