August 12, 2020
According to the research report titled ‘Ozone Generator Market Size By Technology, By Application, By End-Use (Commercial, Municipal, Industrial {Automotive, Food & Beverages, Textile, Pharmaceutical, Others}), By Capacity Industry Analysis Report, Regional Outlook, Competitive Market Share & Forecast, 2020 – 2026’ available with Market Study Report, global ozone generator market is anticipated to expand significantly over 2020-2026.
According to industry experts, global ozone generator market is witnessing growth owing to increasing utilization of the product in air treatment, aquaculture, and food processing systems among others.
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For the record, ozone generators are devices that break apart oxygen (O2) molecules into single atoms which then combine with other oxygen molecules present, and subsequently forming ozone (O3). These generators are widely adopted in various industries for applications associated with air treatment or water treatment.
Based on the technology, the electrolytic segment is projected to expand considerably over 2020-2026, owing to rapid urbanization and surging demand for fresh drinking water.
Speaking of the application terrain, the air treatment vertical is expected to attain substantial growth through 2026, primarily due to consumer inclination towards purifying urban indoor air quality.
Furthermore, ozone generators application scope also includes fish farming & aquaculture, food processing, organic synthesis, produce storage facilities, and pulp bleaching. Among these, ozone bleaching is one of the primary technologies involved in the production of ECF (elemental chlorine free) and TCF (total chlorine free) pulp.
With regards to the water treatment segment, aquaculture and fish farming segment is poised to accumulate noticeable returns in the ensuing years, primarily driven by rising adoption of ozone generators to treat the hazards of by-products in fresh water along with the rapid reaction rate of ozone.
Elaborating on the capacity, the 5gm/hr-100gm/hr segment is expected to register significant expansion through 2026, due to the increasing demand for residential as well as commercial air purification.
Regionally, Middle East & Africa ozone generator market is projected to grow considerably over 2020-2026, mainly due to swift commercialization and urbanization. On the other hand, Latin America ozone generator market is reckoned to witness commendable growth, driven by the expansion of the industrial sector.
The companies that define the competitive landscape of global ozone generator market include Pinnacle Ozone Solutions, LLC., Sun-Belt USA, Ozone Solutions, Inc., Faraday Ozone Products Private Limited, Sewec Ozon GmbH, Chemtronics Technologies Pvt Ltd., Mitsubishi Electric Corporation, Toshiba Infrastructure Systems & Solutions corporation, Biotek Ozone Hong Kong Limited, Ozonetek Limited, Corotec Corporation, Oxyzone Pty Ltd., ESCO International LLC, METAWATER. CO., LTD, Lenntech B.V., Inc., Primozone, DEL Ozone, Inc., EBARA Technologies, Ozone Tech Systems OTS AB, SUEZ S.A., and Daikin Industries, Ltd. among others.