Ozone Generation Market Analysis, Market Size, In-Depth Insights, Growth and Forecast 2022-2027

World over, water pollution has risen at an alarming pace, infecting water bodies and creating water shortages. This has coerced environmental authorities and governments to develop stringent laws and regulations for wastewater treatment. Chlorine is widely used as a water disinfectant. However, according to Water Pollution Control Federation, ozone acts 3000 times more effectively than chlorine while disinfecting water. Furthermore, ozone generation is a highly cost-effective method to treat water without the need for any kind of shipping or storage. Individuals are becoming cognizant of the perceived benefits associated with the adoption of ozone over chlorine. Against this backdrop, the demand for ozone generators is set to witness drastic inflation, expanding the global ozone generation market.

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Ascending Demand for Ozone as a Water Disinfectant to Aid Ozone Generation Market Expansion

Lately, people are becoming more informed about the potential gains of ozone in contrast to chlorine. Notably, chlorinated water is a major cause of various health and environmental hazards, including waterborne diseases, waterborne infections, and incidence of cancer. This has surged the worldwide demand for ozone as a water disinfectant. In addition, various environmental organisations overseeing the disinfection of liquid by-products have increased their requirements of the maximum permitted level. Such positive trends are anticipated to increase the demand for ozone at a global level. In the coming years, the elevated demand for ozone as water disinfectants is set to propel growth across the global ozone generation market.

Global Drive for Water Purification to Create New Avenues for Growth

Ozone increases the concentration of dissolved oxygen in wastewater to purify, decolorize, and disinfect water to make it suitable for consumption. It comprises a potent oxidant that removes detrimental residue and solves the issue of sludge disposal, breaking down the remaining contaminants. Moreover, it also facilitates gaseous effluent treatment, colour removal, heavy metals removal, phenolic compound removal, and cyanide wastewater treatment. Hence, ozone has turned out to be an ideal product capable of cleaning wastewater and a strong disinfectant. During the forecast period, the amplified demand for ozone generation from the water purification segment is projected to create significant business opportunities for players operating in the ozone generation market.

North America to Pace Ahead with Increased Awareness of Benefits and Applications of Ozone

Being the world's largest ozone generation and consumer, North America has become the leading ozone generation market across the globe. The demand for ozone generators in North America is augmented by the rising population and growing awareness of the benefits and applications of ozone. Strict enforcement of different government rules involving water and wastewater treatment is further mushrooming the regional ozone generation market. Noticeably, the proliferating urbanization and industrialization in the U.S. has led to water shortages and worsened water pollution. Consequently, the accelerated demand for clean water has created tailwinds for the ozone generation market in North America.

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Key Market Players

Some of the competitive players operating in the global ozone generation market include Toshiba Corporation (Japan), Xylem (US), Ebara Corporation (Japan), MKS Instruments (US), Mitsubishi Electric Corporation (Japan), Industrie De Nora S.p.A. (Italy), METAWATER Co., Ltd. (Japan), Spartan Environmental Technologies (US), SUEZ Water Technologies & Solutions (France), LLC (US), International Ozone (US), and Chemtronics Technologies Pvt. Ltd. (India).

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