Ozone generators are applied for the removal of organic and inorganic matter, reducing micro pollutants from pesticides (deactivation of pathogenic micro-organisms), odor and taste elimination, and in industrial laundry to reduce cloth damage. Ozone can be generated using a number of ways, but commercially, two popular methods are being used – the UV method and corona method of ozone production.
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According to market forecasts by Persistence Market Research, being an effective alternative for disinfectants, the ozone generators market is expected to witness a robust value CAGR of around 5% during the forecast period of 2020 to 2030. The market is also expected to witness increasing demand for ozone generators in non-conventional applications such as pulp bleaching, extrusion coating, and semiconductor cleaning.
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Key Takeaways from Ozone Generators Market Study
- Based on application, the water treatment segment is expected to lead the global ozone generators market with a high market share. Among the different types of water treatments, industrial water treatment will lag behind municipal water treatment in terms of growth rate during the forecast period.
- In terms of capacity, the 1kg/hr-5kg/hr segment holds the highest market value, and will expand at a CAGR of 6% during the forecast period. However, the 50mg/hr– 5gm/hr segment is expected to witness a slightly higher CAGR over the same period of time.
- On the basis of production method, the corona discharge segment is poised to dominate the market with respect to share, and is also projected to grow at a relatively high pace.
- Based on region, the global ozone generators market is led by the regions of Europe and North America.
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