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Global Ozone Generation Market – Industry Trends and Forecast to 2029

Chemical and Materials

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Global Ozone Generation Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • Oct 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Ozone Generation Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 1.10 USD Billion
Diagram Market Size (Forecast Year) USD 1.85 USD Billion
Diagram CAGR %

Major Markets Players

  • Dummy1
  • Dummy2
  • Dummy3
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Global Ozone Generation Market, By Process (Odor Control, Groundwater Remediation, Disinfection), Technology (Corona Discharge, Cold Plasma, Oxidation, Electrolysis, and Ultraviolet), Application (Industrial, Potable Water Treatment, Municipal, Air Treatment, and Others), End-Use (Commercial, Municipal, Industrial, Others), 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 Trends and Forecast to 2029.

Ozone Generation Market

Ozone Generation Market Analysis and Size

The growing demand for clean water and rising awareness regarding the importance of water treatment are some of the important factors which boost the demand for ozone generation in the market.  Ozone can reach everywhere in the environment, unlike UV sterilization, which leaves some places unsterilized. It can be also used for public transportation modes, such as ships, high-speed railways, airplanes and buses, as it leaves no toxic residue and can be formed by simple equipment.

Data Bridge Market Research analyses that the ozone generation market was valued at USD 1.10 billion in 2021 and is expected to reach USD 1.85 billion by 2029, registering a CAGR of 6.70% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Ozone Generation Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Process (Odor Control, Groundwater Remediation, Disinfection),Technology (Corona Discharge, Cold Plasma, Oxidation, Electrolysis, and Ultraviolet), Application (Industrial, Potable Water Treatment, Municipal, Air Treatment, and Others), End-Use (Commercial, Municipal, Industrial, Others), 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)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

SUEZ (France), Xylem (U.S.), Mitsubishi Electric Corporation (Japan), Ebara Corporation (Japan),  Toshiba Corporation (Japan), METAWATER Co., Ltd. (Japan), Industrie De Nora S.p.A. (Italy), Spartan Environmental Technologies, LLC (U.S.), MKS Instruments (U.S.), Teledyne Technologies Incorporated. (U.S.), Creative OZ-AIR (I) Private Limited (India), Corotec Corporation (U.S.), Mellifiq (Sweden),  Absolute Systems Inc (China) 

Market Opportunities

  • Water scarcity and stringent laws & regulations
  • Increased non-conventional applications of ozone generators

Market Definition

An ozone generator is a device that converts oxygen into ozone from several sources such as dry air, ambient air, or concentrated oxygen. Ozone generators are mainly used in air treatment because it can be broken down complex molecules by the very powerful oxidation effect of ozone.

Global Ozone Generation Market Dynamics

Drivers

  • Rising demand of ozone generation for waste water treatment

The development in population and migration of people from rural to urban areas, depletion of freshwater sources and scarcity of consumable water over all the world have increased the requirement for potable water. This has stimulated the governments of developing markets to invest in the water treatment area to improve their capabilities related to providing drinkable water and accommodate the growing demand. These factors are expected to fuel the demand of the ozone generation in the municipal sector.

  • High usage of ozone generation for air treatment

The air treatment application is projected to witness significant growth during the forecast period. The ozone generators is highly used in air treatment because they can remove airborne chemicals and unpleasant doors. The rising demand of ozone generation for air treatment is anticipated to propel the growth rate of the market

Furthermore, rise in the application of ozone technologies is the major factor which is escalating the market growth. Also, demographic growth, rapid urbanization and stringent wastewater regulations are some major factors among others which are expected to drive the growth of the ozone generation market. 

Opportunities

  • Investments by developed countries in emerging economies

According to the World Health Organization (WHO), one in every ten people worldwide face shortage of safe drinking water. This is due to a scarcity of technology for the treatment of municipal and industrial wastewater. As a result, several countries are adopting the concept of a national loan business model in order to enhance market growth and public benefit. According to this model, developed countries or private investors invest in the installation of wastewater treatment systems across countries, such as ozone generators. This is expected to provide an opportunity for the ozone generator market in emerging countries to grow.

Restraints/ Challenges

  • Lack of awareness

The use of ozone generators is still a new concept in many economies due to the use of numerous traditional methods such as membrane and chlorine filtration for wastewater treatment. The lack of awareness among consumers regarding residential applications of ozone for disinfection and sanitization is a major challenge in the growth of the ozone generators market during the forecast period.

This ozone generation market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ozone generation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Ozone Generation Market

The outbreak of coronavirus pandemic has an insignificant impact on the global ozone generation market. Several government has imposed restriction due to which numerous manufacturing activities were postponed which, in turn, resulted into decreased in demand for oil and gas and other industrial products. Furthermore, the growth of market was further challenged by the subsequent lockdown norms and disruptions in the supply chain by several countries that led to a temporary halt in the shutdown of production units and operations.

Recent Development

  • In July 2020, Ozonetech Systems OTS AB partnered with Lohja Municipality (Finland) to implement the pharmaceutical treatment. The ELY Centre sponsors this project for efficient water protection program in South Savo (Centre for Economic Growth, Lohja will be the first municipality to install advanced treatment technology in Finland to remove micropollutant emissions into the environment.

 Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Ozone Generation Market Scope

The ozone generation market is segmented on the basis of process, technology, application, end-use and capacity. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Process

  • Odor Control
  • Groundwater Remediation
  • Disinfection

Technology

  • Corona Discharge
  • Cold Plasma
  • Oxidation
  • Electrolysis
  • Ultraviolet

Application

  • Industrial
  • Potable Water Treatment
  • Municipal
  • Air Treatment
  • Others
  • Effluent Treatment
  • Synthetic Lubricants
  • Fabric Restoration
  • Agriculture

End-Use

  • Commercial
  • Municipal
  • Industrial
  • Others
  • Textile
  • Healthcare
  • Aquaculture

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

Ozone Generation Market Regional Analysis/Insights

The ozone generation market is analysed and market size insights and trends are provided by country, process, technology, application, end-use and capacity as referenced above.

The countries covered in the ozone generation market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the ozone generation market in terms of revenue and market share. This is due to increasing industrialization and the growth of the construction and manufacturing sector. Moreover, the growing water pollution is projected to propel the demand for the water treatment systems, which is expected to positively impact the growth of ozone generator market in this region.

North America is anticipated to be the fastest developing during the forecast period of 2022-2029 due to the importance of waste water treatment and growing demand for air treatment system. The U.S. established a new Public-Private Partnership (PPP) rule to increase investments in domestic water purification plant construction and upgrades in this region. 

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Ozone Generation Market Share Analysis

The ozone generation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ozone generation market.

Some of the major players operating in the ozone generation market are:

  • SUEZ (France)
  • Xylem (U.S.)
  • Mitsubishi Electric Corporation (Japan)
  • Ebara Corporation (Japan)
  • Toshiba Corporation (Japan)
  • METAWATER Co., Ltd. (Japan)
  • Industrie De Nora S.p.A. (Italy)
  • Spartan Environmental Technologies, LLC (U.S.)
  • MKS Instruments (U.S.)
  • Teledyne Technologies Incorporated. (U.S.)
  • Creative OZ-AIR (I) Private Limited (India)
  • Corotec Corporation (U.S.)
  • Mellifiq. (Sweden)
  • Absolute Systems Inc. (China) 


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The market value for ozone generation market in 2021 is USD 1.10 billion.
The ozone generation market is to grow at a CAGR of 6.70% during the forecast period of 2022 to 2029.
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