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Ozone Generator Market Analysis

  • Report ID: GMI4540
  • Published Date: Feb 2020
  • Report Format: PDF

Ozone Generator Market Analysis

Ozone Generator Market Share

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Ozone generator deploys different methods to generate ozone including ultraviolet, corona discharge, cold plasma and electrolytic. Ease of installation & low cost are some of the paramount factors which will positively influence the ultraviolet ozone generator market progression. These generators blow air over UV light to generate ozone gas. Ability of these systems to operate using ambient air will enhance the industry growth for these products. However, the amount of ozone production by a UV generator is very less and it requires more power & time to generate ozone compared with other available alternatives.
 

Rising awareness toward improving indoor air quality index will fuel the ≤ 5 gm/hr ozone generator market revenue significantly. Ozone air purifiers are primarily deployed across residential and commercial establishments for indoor air treatment and disinfection. Growing population and urbanization across developing economies has resulted in increased demand for air purifiers, thereby impelling the product demand.
 

Rapid urbanization and commercialization across developing regions has led to a significant increase in revenue share for various water purification systems. Water treatment is one of key application areas where ozone generators are deployed for taste, odor and color removal from the untreated water. Ability of these systems to prevent the formation of chlorinated disinfection byproducts will further enhance their installation across water treatment applications. China, India, Brazil & South Africa are some of the prominent countries where demand for these products is set to witness strong industry expansion during the forecast timeframe.
 

Ozone Generator Market Size

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Rigorous enforcement of legal instruments governing industrial wastewater discharge along with stringent regulatory regime will boost the market size of industrial ozone generators. For instance, in 2018, the EPA issued Effluent Guidelines as the national legislative standard regulating the discharge of wastewater. These regulations are enforced for industrial categories based on the performance of control and treatment technologies.
 

Color removal from textile plants, reduction of sludge production and phenol, BOD & COD reduction from industrial wastewater are some of the key underlying factors driving the industry demand for ozone generator across the industrial sector. Ozone can effectively remove several metals including, manganese and iron from water, which will further augment the industry progression across pharmaceutical and equipment manufacturing sectors.
 

Asia Pacific ozone generator market accounted for 45% of revenue share in 2019. Rapid industrialization along with growing stake in manufacturing value chains has made APAC one of the dominating stakeholders across the globe. As per the World Bank, East Asia & Pacific region accounted for over 50% of the global manufacturing value added (MVA) in 2018 when compared to nearly 24% in 2005. The positive outlook toward food & beverage, automotive and medical & pharmaceutical industries will further stimulate the industry value for ozone generators across the region. Moreover, rising urban population and subsequent demand for water and air treatment equipment.

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

In 2019, the ozone generator market registered a remuneration of $350 Million.

Rapid industrialization across developing economies coupled with stringent wastewater discharge norms will be key driving factors for the growth of the market.

Mitsubishi, Toshiba, Daikin, SUEZ, . Ozone Tech Systems, Primozone, EBARA Technologies, Lenntech, DEL Ozone, METAWATER, ESCO International, Oxyzone, Corotec, Ozonetek, Biotek, Chemtronics, Sewec Ozon, Faraday, Ozone Solutions, Sun-Belt, and Pinnacle Ozone are the major players in the global market.

Ozone Generator Market Scope

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Premium Report Details

  • Base Year: 2019
  • Companies covered: 21
  • Tables & Figures: 1009
  • Countries covered: 26
  • Pages: 530
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