The Ozone Generator Market Size was esteemed at USD 1.26 billion in 2023 and is supposed to arrive at USD 2.13 billion by 2031 and develop at a CAGR of 6.8% over the forecast period 2024-2031.
Ozone is made when diatomic oxygen is presented to an electrical field or bright (UV) light. Openness to these elevated degrees of energy makes a piece of the diatomic oxygen particles split into individual oxygen molecules. These free oxygen iotas consolidate with diatomic oxygen particles to shape ozone.
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Ozone is a shaky particle because of the feeble bonds holding the third oxygen iota, making ozone a normally strong oxidizing and cleaning specialist. Ozone conveys oxidizing power, either straightforwardly or through the age of sans hydroxyl extremists in the decay of disintegrated ozone into water.
This response yields three concurrent cycles, oxidation, sterilization, and disintegration. During the oxidation interaction, ozone can be created straightforwardly and through the exceptionally responsive sans hydroxyl extremists or it very well may be produced by breaking of synthetic obligations of natural mixtures. For instance, the parts of the cell walls of microorganisms can be oxidized and separated by ozone. This interaction works with sterilization by upsetting and lysing cell walls and uncovering the items in the phone for additional oxidation and inactivation. Every single normal bacterium, infection, mold, growth, and parasite can be annihilated by ozone as such. Eventually, ozone decays to diatomic oxygen, leaving no undesirable leftover taste or smell.
Furthermore, there are various application areas of ozone in different businesses, for example, food surface cleanliness, sterilization of food plant gear, reuse of wastewater, treatment, and bringing down natural oxygen interest (BOD) and compound oxygen interest (COD) of food plant squander. Nonetheless, ascent in such enterprises across the globe prompts an expansion in the extent of the ozone age and is supposed to go about as the significant driving component for the market.
Market Dynamics
Driving Factors
An option in contrast to chlorine for water sterilization.
Fast urbanization and commercialization.
Restraining Factors
High establishment and support costs.
Unfriendly wellbeing impacts of ozone.
Opportunities
Speculations by created nations in arising economies.
Rigid wastewater guidelines.
Challenges
Absence of mindfulness.
Impact of Covid-19
With the COVID-19 emergency making it clear that things are not pulling back, businesses and economies across the world have been antagonistically impacted, other than exchange and import trade. With decreased movement across end-use ventures, the interest in ozone generators has fallen in 2020. Development of the worldwide ozone generators market will get pace with the kickoff of enterprises as the infection is managed.
Market Estimations
By Applications
By application, the water purging section represented the biggest piece of the pie in 2020. Ozone generators are generally utilized for water sterilization, refinement, and de-colorization in water and wastewater treatment plants, packaging plants, pools, cooling pinnacles, and drinking water. Ozone is a strong oxidant, leaves no remaining unsafe item, no ooze removal issue rather expands the broken-up oxygen (DO) content of wastewater, which facilitates the debasement of lingering toxins. Consequently, ozone tracks down the use in the treatment of civil wastewater, modern wastewater, sullied groundwater, pool water, paper industry wastewater, and color industry wastewater, among others. It likewise goes about as serious areas of strength for in the expulsion of variety, treatment of vaporous emanating, cyanide wastewater, weighty metals, and the end of phenolic compounds. Rigid regulations and guidelines carried out by the natural bodies and legislatures for water and wastewater treatment are supposed to move the development of the water refinement section.
By Technology
By technology, the crown release section represented the biggest portion of the ozone generator market in 2020. The crown release ozone generator is utilized for both modern and business applications. The development can be credited to the upsides of crown release innovation over different materials. This innovation is financially savvy and has similarly low upkeep.
By End-use:
In light of the end-use industry, the city and modern water treatment section represented the biggest portion of the ozone generator market in 2020. Ozone is a strong oxidizing specialist which is utilized to obliterate all microscopic organisms and infections when broken down in the water. It is utilized for the sterilization of metropolitan wastewater, modern wastewater, debased groundwater, and pool water. Ozone is additionally utilized in filtered water creation plants for the treatment of filtered water and for cleaning bottles.
By Technology
Corona Discharge
Ultraviolet Radiation
By Application
Water Purification
Air Purification
By End-use Industry
Food & Beverages
Pharmaceutical
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Regional Analysis:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Asia Pacific is projected to develop at the most noteworthy CAGR in the ozone generator market from 2022 to 2028. China, India, and Japan are seeing fast modern, fabricating, and infrastructural development. A portion of the economies in the Asia Pacific have enormous market likely regarding rising populace, positive government strategies, and modern development. The locale is drawing in financial backers to set up creation offices given the accessibility of natural substances and work at lower costs. It has seen critical development in assembling exercises because of low assembling expenses and the backing of the nearby states. Expanding interests in R&D exercises connected with wastewater treatment are driving the development of the ozone generator market in the Asia Pacific district.
The Key Players are Mitsubishi, Toshiba, Daikin, SUEZ, Ozone Tech Systems, Primozone, EBARA Technologies, Lenntech, DEL Ozone, METAWATER, ESCO International, Oxyzone, Corotec, Ozonetek and Other Players
Toshiba-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 1.26 Billion |
| Market Size by 2031 | US$ 2.13 Billion |
| CAGR | CAGR of 6.8% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Technology (Corona Discharge, Ultraviolet Radiation) • By Application (Water Purification, Air Purification) • By End-use Industry (Food & Beverages, Pharmaceutical) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Mitsubishi, Toshiba, Daikin, SUEZ, . Ozone Tech Systems, Primozone, EBARA Technologies, Lenntech, DEL Ozone, METAWATER, ESCO International, Oxyzone, Corotec, Ozonetek |
| DRIVERS | • An option in contrast to chlorine for water sterilization. • Fast urbanization and commercialization.. |
| RESTRAINTS | • High establishment and support costs. • Unfriendly wellbeing impacts of ozone. |
Ans: Water Purification is projected to make a foothold in the worldwide Ozone Generator market.
Ans: The Ozone Generator Market size is estimated to reach USD 1.80 billion by 2030.
Ans: Mitsubishi, Toshiba, Daikin, SUEZ, . Ozone Tech Systems, Primozone, EBARA Technologies, Lenntech, DEL Ozone, METAWATER, ESCO International, Oxyzone, Corotec, Ozonetek are the key players covered in the Ozone Generator market.
Ans: An option in contrast to chlorine for water sterilization and Rigid wastewater guidelines are the elements driving and resulting in opportunities for the Ozone Generator Market.
Ans: The Ozone Generator Market is growing at a CAGR of 6.87% over the forecast period 2023-2030.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Ozone Generator, By Technology
8.1 Corona Discharge
8.2 Ultraviolet Radiation
9. Global Ozone Generator Market Segmentation, By Application
9.1 Water Purification
9.2 Air Purification
10. Global Ozone Generator Market Segmentation, By End-use Industry
10.1 Food & Beverages
10.2 Pharmaceutical
11. Global Ozone Generator Market, By Region/Country
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company profiles
12.1 Mitsubishi
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 Swot Analysis
12.1.4 The SNS View
12.2 Toshiba
12.3 Daikin
12.4 SUEZ
12.5 Ozone Tech Systems
12.6 Primozone
12.7 EBARA Technologies
12.8 Lenntech
12.9 DEL Ozone
12.10 METAWATER
12.11 ESCO International
12.12 Oxyzone
12.13 Corotec
12.14 Ozonetek
12.15 Biotek
13. Competitive Landscape
13.1 Competitive Bench Marking
13.2 Market Share Analysis
13.3 Recent Developments
14. Conclusion
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