CHICAGO, January 27, 2022 /PRNewswire/ — According to new market research report “Ozone Generators Market by technology with Covid-19 impact analysis (corona discharge, ultraviolet radiation), application (water purification, air purification), end-use industry (food and beverage, pharmaceutical) and region – global forecast until 2026″released by MarketsandMarkets™, the global ozone generators market size is expected to grow from $1.1 billion in 2021 for $1.5 billion by 2026, at a CAGR of 6.2% during the forecast period 2020 to 2026. Market growth is driven by the advantages of ozone over other disinfection alternatives as well as the formulation of strict laws and regulations for wastewater treatment and the recovery and reuse of wastewater generated from industries and municipalities.
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The water purification segment accounted for the largest share of the ozone generator market in 2020.
By application, the water purification segment accounted for the largest market share in 2020. Ozone generators are widely used for disinfection, purification and decolorization of water in water treatment plants. water and waste water, swimming pools, cooling towers and drinking water. Strict laws and regulations implemented by environmental agencies and governments for water and wastewater treatment are expected to propel the growth of water purification segment. The water purification segment dominated the ozone generator market in 2019 and is expected to experience higher demand in the coming years.
The cororna discharge segment accounted for the largest share of the ozone generator market in 2020.
By technology, the corona discharge segment accounted for the largest share of the ozone generator market in 2020. The corona discharge ozone generator is used for both industrial and commercial applications. This growth can be attributed to the advantages of corona discharge technology over other materials. This technology is cost effective and requires relatively little maintenance.
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The municipal and industrial water treatment segment accounted for the largest share of the ozone generator market in 2020.
Based on end-use industry, the municipal and industrial water treatment segment accounted for the largest share of the ozone generators market in 2020. Ozone is a strong oxidizing agent and is used to destroy bacteria and viruses when dissolved in water. Therefore, it is used for disinfection of municipal wastewater, industrial wastewater, contaminated groundwater, swimming pool water. Ozone is also used in bottled water production plants for bottled water treatment and for bottle disinfection.
North America accounted for the largest share of the global ozone generators market in 2020
North America accounted for the largest share of the ozone generators market in 2020. This large share can be attributed to the increase in population, growing awareness among people about the benefits and applications of ozone generators and the implementation strict implementation of various government regulations regarding water and wastewater treatment in the region. North America has high growth potential for the ozone generators market, due to its large and diverse industrial base. The main end-use industries of ozone generator in North America are packaged water, chemicals, food processing and pulp and paper.
SUEZ Water Technologies & Solutions (France), Xylem (USA), Mitsubishi Electric Corporation (Japan), Ebara Corporation (Japan), Toshiba Corporation (Japan), METAWATER Co., Ltd. (Japan), Nora Industry SpA (Italy), Spartan Environmental Technologies (USA), MKS Instruments (USA), Teledyne API (USA), Creative Oz-Air (I) Pvt Ltd (USA), Corotec Corporation (USA), Ozonetech Systems OTS AB (Sweden), Absolute Systems Inc (China), Lenntech (Netherlands), Chemtronics Technologies Pvt. ltd. (India), International Ozone (USA), Faraday Ozone (India), Ecozone Technologies Ltd. (Israel), ESCO International Ltd (UK), Taoture International Enterprises Inc. (USA), Ozonefac Limited (China), Enaly Ozone Generator (China), Jinan Sankang Envi-tech Co., Ltd (China), Biotek Environmental Science Ltd. (Taiwan), Shandong Nippon Photoelectricity Equipment Co., Ltd (China), Eltech Ozone (India), BiOzone Corporation (USA), Dongguan Beelee Electronics Co., Ltd. (China), Fujian Newland EnTech Co. Ltd. (China), Medozons Ltd. (Russia), Ozonetek Limited (India), and Pinnacle Ozone Solutions, LLC (USA), among others, are the key players operating in the ozone generator market.
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