Know the Latest Trend and Opportunities of Global Ozone Generation Market

2018-04-30 14:33:15

According to a new report published by Reports Monitor titled, “Global Ozone Generation Market, Growth Opportunities, Innovations and Forecast, 2017-2025,” the Ozone Generation Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. 

Ozone is the strongest commercially available oxidant and employs a vast array of applications. It is a powerful disinfectant, which is majorly used for water treatment in different industries. Ozone generators are predominantly used in air treatment as complex molecules can be broken down by the powerful oxidation effect of ozone. The commercially used method to generate ozone is by corona discharge through the usage of electrical power.

Rise in need for clean drinking water; increase in usage of ozone technologies, and rapid urbanization & demographic growth drive the market. However, high installation & operational cost of ozone generation systems and lack of awareness regarding ozone generators hamper the potential of the market for different applications. Conversely, development in ozone generation technologies particularly in emerging countries is expected to create opportunities in the market. Key market players have adopted merger as their key strategy to widen their brand portfolios and expand their market reach.

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This report provides a detailed analysis of Ozone Generation Market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.

The global ozone generation market is segmented based on technology, application. Based on technology, it is categorized into corona discharge, cold plasma, electrolysis, and ultraviolet. Based on application, it is divided into industrial, potable water treatment, municipal, air treatment, and others. 

By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East and Africa). Strict rules and regulations in water treatment frameworks under European commission is the major trend influencing the growth of European market, while higher demand from emerging economies is mainly driving the growth of Asia Pacific market.

The key players profiled in the report include Absolute Systems, Inc., Chemtronics Co., Ltd., DEL Ozone, EBARA Technologies, Inc., ESCO International Ltd., Fuji Electric Co., Ltd., International Ozone Technologies Group, Inc., Mitsubishi Electric Corp., Toshiba Infrastructure Systems & Solutions Corporation, and Suez SA.

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