Press release
Ozone Generation Technology Market will reach 23 million US$ by 2025
This report studies the global Ozone Generation Technology market status and forecast, categorizes the global Ozone Generation Technology market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).Ozone generators work by combining oxygen (O2) with energy to produce ozone (O3). When the oxygen molecules are exposed to energy, the two atoms are broken apart. The single oxygen atoms quickly bond in groups of three to form ozone.
In the coming years there is an increasing demand for ozone generators in the regions of North America and Europe that is expected to drive the market for more advanced ozone generators. Increasing of medical fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on general industry, retrofitting and renovation of old technology, increasing adoption of ozone generators will drive growth in China markets.
Globally, the ozone generators industry market is low concentrated as the manufacturing technology of ozone generators is relatively matures than some high-tech equipment. And some enterprises, like Suez, De Nora Permelec Ltd, BWT Pharma & Biotech and Biowell, etc. are well-known for the wonderful performance of their ozone generators and related services. At the same time, Europe, occupied 35.47% production market share in 2016, is remarkable in the global ozone generators industry because of their market share and technology status of ozone generators.
The consumption volume of ozone generators is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of ozone generators industry may not keep that fast. But it is surely forecasted that the market of ozone generators is still promising.
The global Ozone Generation Technology market is valued at 14 million US$ in 2017 and will reach 23 million US$ by the end of 2025, growing at a CAGR of 6.3% during 2018-2025.
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The major manufacturers covered in this report
Suez
De Nora Permelec Ltd
BWT Pharma & Biotech
Biowell
Innovatec
Jinhua
Taikang Environment
...
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Less than 3g/h
3g/h-9g/h
More than 9g/h
By Application, the market can be split into
Medical Application
Industrial Application
Others
Click to view the full report TOC, figure and tables: https://www.qyresearch.com/index/detail/213352/global-ozone-generation-technology-market
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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