Artificial Photosynthesis Market Size & Share, by Catalyst (Hydrogen Catalyst, Water-Oxidizing Catalyst, Photo Synthesizer), Application (Hydrogen, Hydrocarbon, Chemicals), Technology (Co-electrolysis, Photo-electro Catalysis) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3216
  • Published Date: Apr 20, 2023
  • Report Format: PDF, PPT

Companies Dominating the Artificial Photosynthesis Landscape

    • Panasonic Corporation

      • Company Overview

      • Business Strategy

      • Key Product Offerings

      • Financial Performance

      • Key Performance Indicators

      • Risk Analysis

      • Recent Development

      • Regional Presence

      • SWOT Analysis

    • ENGIE


    • Siemens Energy


    • Evonik Industries AG

    • FUJIFILM Corporation

    • Toyota Central R&D Labs., Inc.

    • Mitsubishi Chemical Corporation

    • Twelve (formerly known as, Opus 12)

Browse Key Market Insights with Data Illustration:


In The News

  • Siemens Energy commissioned a prototype plant that creates chemicals using water and carbon dioxide. It is a revolutionary technique of artificial photosynthesis that ought to aid in the success of the energy revolution by enabling new, more sustainable alternatives.

  • Toyota Central R&D Labs., Inc. claimed to have outdone even plants by increasing the effectiveness of its artificial photosynthesis technology, and increasing the size of the device. The technology's conversion efficiency has since surpassed that of plants. Researchers are hopeful that this technique will one day make it feasible to capture CO2 released by companies and use it in synthetic photosynthesis.

Author Credits:  Payel Roy, Dhruv Bhatia

  • Report ID: 3216
  • Published Date: Apr 20, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising demand for environmentally friendly fuel and the increasing usage of green hydrogen are the major factors driving the market growth.

The market is anticipated to attain a CAGR of 17% over the forecast period, i.e., 2023-2035.

Extremely high capital expenditure and lack of stability in materials used for artificial photosynthesis are estimated to be the growth-hindering factors for market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Panasonic Corporation, ENGIE, TOSHIBA CORPORATION, Siemens Energy, FUJITSU, Evonik Industries AG, FUJIFILM Corporation, Toyota Central R&D Labs., Inc., Mitsubishi Chemical Corporation, Twelve (formerly known as, Opus 12), and others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by application, catalyst, technology, and by region.

The hydrocarbon segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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