Ozone Generator Market size to exceed $450mn by 2026

Ozone Generator Market size is expected to surpass USD 450 Million by 2026, as reported in the latest study by Global Market Insights, Inc.
 

Rising demand for processed and fresh drinking water along with the introduction of stringent wastewater treatment and disinfection norms will propel the ozone generator industry demand. The growing awareness toward maintaining high indoor air quality index and efforts toward reducing environmental pollution will further boost product demand. In addition, the ongoing investments to achieve higher operational efficiencies for wastewater treatment across water intensive industries will augment the market demand for ozone generators.

 

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Stringent water quality & treatment standards will augment the Europe market trends

European ozone generator market is set to witness substantial growth on account of introduction of comprehensive wastewater treatment legislation along with growing concerns toward improving the air quality index. The Urban Waste-Water Treatment Directive and EU Water Framework Directive some of the prominent regulations driving the industry growth. In addition, recovering industrial sector across the region post 2008 recession will enhance the market outlook. Growing investments towards the upgradation of existing wastewater treatment facilities will further raise the product adoption over the forecast period.
 

High efficiency, cost effectiveness and long product life will enhance the corona discharge ozone generator market statistics

Corona discharge ozone generators produce ozone by using an electronic field with the help of a dielectric surface. The system splits oxygen molecules into single atoms of oxygen to form ozone gas. It is primarily used for air purification in commercial buildings and for water & wastewater treatment applications on account of its high efficiency and reliability. In addition, it produces high quantity and high concentration ozone resulting in high cost effectiveness when compared to other available technologies.
 

Browse key industry insights spread across 530 pages with 974 market data tables & 35 figures & charts from the report, “Ozone Generator Market Outlook By Technology (Ultraviolet, Cold Plasma, Corona Discharge, Electrolytic), By Application (Water Treatment {Municipal Water Treatment, Industrial Process Water Treatment, Others}, Laboratory & Medical Equipment, Air Treatment, Others), By End-Use (Commercial, Municipal, Industrial {Automotive, Food & Beverages, Textile, Pharmaceutical, Others}), By Capacity (≥ 5 gm/hr, 5 gm/hr - 100 gm/hr, 100 gm/hr - 1 kg/hr, 1 kg/hr - 5 kg/hr, > 5 kg/hr), Industry Analysis Report, Regional Outlook, Competitive Market Share & Forecast, 2020 – 2026”in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/ozone-generator-market
 

Flourishing food processing & pharmaceutical industries propelling the > 5 kg/hr segment of ozone generator market

> 5 kg/hr ozone generators account for a significant market share due to the continuous demand for processed water production and surface treatment across food & beverage and pharmaceutical industries. The growing manufacturing industry across the Middle East & Africa and Asia Pacific will further stimulate the demand for these products. In addition, stringent wastewater regulations coupled with ongoing upgradation of existing water treatment facilities will enhance the market statistics for ozone generators in the forthcoming years
 

Rapidly growing urban population will drive the market share for ozone generators across municipal applications

Expanding urban population has led to rapid increase in the residential & municipal establishments, thereby driving the growth of ozone generator market. Water & wastewater recovery and treatment plants are growing significantly on account of rising demand for fresh drinking water and stringent wastewater regulations. Superior performance, high efficiency and increased lifecycle of a plant are some of the prominent factors driving the market adoption of ozone generators. In addition, the growing penetration of air cleaners for treatment & disinfection of commercial spaces will further augment the industry statistics.
 

Major market players operating across the industry include Toshiba, Mitsubishi, SUEZ, Daikin, Primozone, Ozone Tech Systems, Lenntech, EBARA Technologies, METAWATER, DEL Ozone, Oxyzone, ESCO International, Ozonetek, Corotec, Chemtronics, Biotek, Faraday, Sewec Ozon, Pinnacle Ozone and Ozone Solutions, amongst others. Market leaders operating across the industry are focusing toward product innovation and expansion as key strategies to maintain competitive edge over other market participants.
 

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