May 22, 2020
According to the research report titled ‘Ozone Generator Market Size By Technology, By Application, By End-Use, By Capacity, Industry Analysis Report, Regional Outlook, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, global ozone generator market is expected to grow substantially during 2020-2026.
Increasing application of ozone generators in aquaculture, air treatment and food processing industries is a major factor driving the market growth. Ozone generator produces ozone by adding energy to oxygen molecules, decoupling oxygen atoms to temporarily combine with O2 molecules+. This process happens in nature by either lighting (corona discharge) or sun (UV light). Ozone generator is widely used in air treatment and water treatment processes.
In terms of technology, electrolytic ozone generator market segment is slated to expand significantly during the forecast period. Growing demand for fresh drinking water owing to swift urbanization is fueling the product penetration.
Worldwide ozone generator market share from air treatment application is anticipated to showcase lucrative growth in the ensuing years, primarily due to shifting focus towards enhancing indoor air quality. Ozone air treatment is also used for VOC, kitchen exhaust, air disinfection, odor control, grease traps and garbage rooms.
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Other applications of ozone generator include produce storage facilities, aquaculture & fish farming, food processing, organic synthesis and pulp bleaching. Ozone is widely used in pulp bleaching process to achieve elemental chlorine free (ECF) or total chlorine free (TCF) pulp production.
Speaking of aquaculture & fish farming application, ozone reacts rapidly and produces minimal quantity of harmful by-products in freshwater. Ozone based solutions even help in monitoring dissolved oxygen, water flow, pH levels, temperature and ammonia content in the water.
By capacity, 5 gm/hr - 100 gm/hr ozone generator market segment is reckoned to record significant growth during the study period. Extensive adoption of air purification systems in commercial and residential establishments is complementing the market outlook.
Meanwhile, 100 gm/hr - 1 kg/hr ozone generator segment is poised to acquire noticeable returns in the forthcoming years, primarily due to surging investments towards expansion of public water treatment facilities.
Considering the geographical landscape, ozone generator market in Middle East & Africa is projected to generate decent returns during the projected timeframe. Swift commercialization and urbanization are swaying the business dynamics in the region.
The key companies in global ozone generator industry are Pinnacle Ozone Solutions LLC, Sun-Belt USA, Ozone Solutions Inc., Faraday Ozone, Sewec Ozon GmbH, Chemtronics Technologies, Biotek Ozone, Ozonetek Ltd., Corotec, Oxyzone Pty. Ltd., ESCO International, METAWATER Co. Ltd., DEL Ozone Inc., Lenntech B.V., EBARA Technologies Inc., Primozone, Ozone Tech Systems OTS AB, SUEZ, Daikin Industries Ltd., Toshiba Infrastructure Systems & Solutions Corp. and Mitsubishi Electric Corp. among others.