Ozone Generator Market driven by growing water and air treatment applications
Ozone generators are devices that produce ozone to purify air or water. They are used extensively in water treatment facilities and find applications in industries such as food and beverage, pharmaceutical, and semiconductor. Ozone has strong disinfecting and oxidizing properties that allow it to kill or inactivate microorganisms and remove impurities and organic matter from water and air. With increasing health concerns, demand for clean and safer water is rising globally. Ozone treatment is an efficient and economical means for disinfecting large quantities of water and ensuring its microbial safety. Similarly, ozone technology helps maintain quality and hygiene standards in various industrial air treatment processes.
The ozone generator market is estimated to be valued at USD 1.311 Bn in 2024 and is expected to reach USD 2.285 Bn by 2031. It is estimated to grow at a compound annual growth rate (CAGR) of 8.26% from 2024 to 2031.
Key Takeaways
Key players operating in the Ozone Generator Market are Daikin Industries Ltd, Sharp Corporation, Ozone Solutions, Toshiba Infrastructure Systems & Solutions Corporation, Suez, DEL Ozone, ESCO International, Industrie De Nora S.p.A, BWT Pharma & Biotech GmbH. These companies collectively account for over 55% of the global market share.
Rising health consciousness among consumers is augmenting Ozone Generator Market Demand in water treatment. Many developing nations are upgrading their water treatment facilities and also introducing Ozone disinfection in their existing systems to ensure supply of clean drinking water.
Geographies such as Asia Pacific and Latin America are witnessing faster growth due to increasing industrialization, urbanization, and economic development. Multi-national ozone equipment companies are actively expanding their operations in these high potential regions through collaborations and partnerships.
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