Press release
Ozone Technology Market Accounting for US$ 1,242.0 Million by 2020
According to a new market report published by Persistence Market Research “Global Market Study on Ozone Technology: Air and gas to Witness Highest Growth by 2020,” the global ozone technology market was valued at USD 715.4 million in 2013 and is expected to grow at a CAGR of 8.1% from 2014 to 2020, to reach an estimated value of USD 1,242.0 million in 2020.
Ozone technology is used for disinfecting water, equipment and surfaces and purifying air. It is also used in therapy of some of the most fatal diseases such as cancer and human immunodeficiency virus infection/acquired immune deficiency syndrome (HIV/AIDS). Ozone technology equipment has promising growth rate in the waste water treatment equipment, in municipalities, and other water treatment segment which include swimming pools and spas. This growth is attributed to the many benefits associated with the technology. High oxidation potential, quicker processing time compared to other traditional disinfection techniques, no harmful by-product and long run cost benefits are some of the major advantages of ozonation.
A Sample of this Report is Available upon Request @ https://www.persistencemarketresearch.com/samples/3029
The increasing global health concerns due to surge in urbanization, increasing water contamination and increasing level of industrialization are driving the ozone technology market globally. The government expenditure on upgrading water infrastructure has increased in the past decades across all regions, which are also reflected in the five year plans of countries. Municipalities are upgrading from traditional chlorine-based disinfection to UV and ozone technology based disinfection which has boosted ozone technology market.
The ozone technology market is expected to grow at a CAGR of 8.1% during 2014-2020. Ozone offers many advantages in terms of higher overall disinfection capacity and better processing speed for water disinfection as compared to the other disinfection mediums such as chlorine and UV, thus making it one of the preferred choices among end users. Water treatment related regulations in some of the countries are also compelling water and waste water service establishments to modify their disinfection techniques to improve safety level of water.
Simple technology and lack of regulatory requirement for ozone generators in most part of the world lead to emergence of many small private level regional companies, serving their clients with customized solutions. However, for large buyers brand image also plays an important role.
Access Report with Table of Contents @ https://www.persistencemarketresearch.com/methodology/3029
The market is fragmented though there are only few big international players operating on top (especially in potable water, other water, industrial water and waste water segments). Most of the large companies, such as Ebara Corporation and Degrémont, operate through their subsidiaries. Some of the big players such as Mitsubishi Electric Corporation have raised the standard of products by introducing high efficiency and low power ozone equipment in the market.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ozone Technology Market Accounting for US$ 1,242.0 Million by 2020 here
News-ID: 1147884 • Views: …
More Releases from Ozone Technology Market
Explored In Latest Research Of Ozone Technology in Global Market 2017
Albany, NY, 18th December : Recent research and the current scenario as well as future market potential of "Global Market Study on Ozone Technology: Waste Water Treatment Segment to Create Promising Opportunities over 2014-2020" globally.
The ozone technology market is thriving due to a number of emerging applications in government as well as commercial sectors worldwide. The global ozone technology market is estimated at a healthy CAGR by Persistence Market Research.
Get…
More Releases for Persistence
Persistence Innovation To Replenish The Security Analytics Market
Security Analytics Market 2022-2031
New Study Reports "Security Analytics Market 2022 Global Sizing and Growth, Dynamics, Competitive Landscape, SWOT Analysis and Forecasts 2031" has been Added on PMR.
Market Overview
In the past few years, The primary focus of the report is on the status, demand, future opportunity, forecast period, and growth opportunity. Moreover, the survey report focuses on the development, manufacturing companies, key market, investors, and the cost capital. The objective of…
Persistence Innovation To Replenish The Guacamole Market
The global guacamole market is set to rise at a CAGR of around 7% through 2031, to be valued at US$ 2.3 Bn, with demand for organic guacamole rising faster across geographies. Rising awareness about environmentally stable cultivation practices and the need for natural and nutritious foods are steadily creating demand for organic-labeled foods. Guacamole is no exception to this, even though the market share is less as compared to…
Persistence Innovation To Replenish The Bulgur Market
Persistence Market Research has analyzed various facts associated with bulgur market from a global standpoint and has skilfully presented them in its new research publication titled "Bulgur Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)". The comprehensive research report on bulgur market covers several trends, opportunities, drivers as well as challenges or restraints that have a direct influence on the growth of the global market for bulgur. All these…
Persistence Innovation To Replenish The Emulsifiers Market
The demand for processed food has increased owing to the rise in urbanization, this is thus driving the demand for various food ingredients. An emulsifier with one oil-friendly and one water-friendly end is known to improve the appearance of the food. Emulsifier manufacturers are witnessing increased demand from the food industry, in order to preserve taste, offer safety and maintain the texture of the processed foods. Increasing number of food…
Persistence Innovation To Replenish The Foodservice Packaging Market
A gradual shift from the tradition of cooking food at home toward buying ready-to-eat food has increased the rate of online food ordering, globally. Foodservice packaging processes require much less energy, owing to the recycled material used for manufacturing. Studies have concluded that packed solutions come at a low price and occupy 35% less space in any retail sector. Furthermore, packaging solutions come with various striking graphics, which, in turn,…
Persistence Innovation To Replenish The Banana Flour Market
Celiac disease is a chronic digestive disorder that originates from a reaction to gliadin, a gluten protein found in wheat, barley, rye, and oats. It results in inflammation and destruction of the inner lining of the small intestine, and can also lead to malabsorption of minerals and nutrients. A gluten-free diet helps in the treatment of celiac disease. With a growing market for gluten-free foods and ingredients, proliferation of new…
