Global Ozone Generation Market 2024–2033

Reports Description

The CMI Team’s most recent market research predicts that from 2024 to 2033, the global ozone generation market will grow at a 6.5% CAGR. In 2024, the market size is projected to reach a valuation of USD 1.54 Billion. By 2033, the valuation is anticipated to reach USD 2.48 Billion.

Ozone Generation Market: Overview

Three oxygen atoms make up the extremely reactive gas known as ozone. Both natural and artificial products can be found in the stratosphere, the Earth’s upper atmosphere, and the troposphere, the planet’s lower atmosphere. Ozone is produced when diatomic oxygen is subjected to ultraviolet (UV) radiation or an electrical field.

When exposed to these high energy levels, some diatomic oxygen molecules split into individual oxygen atoms. Ozone is created when these unbound oxygen atoms mix with diatomic oxygen molecules. Because of the weak bonds that retain the third oxygen atom, ozone is an unstable molecule with strong oxidizing and disinfecting properties by nature.

Ozone provides oxidizing power, either directly or by producing hydroxyl-free radicals during the breakdown of dissolved materials. The demand for clean water and wastewater treatment, rising air pollution concerns, strict environmental and health regulations, the need for food safety and preservation, rising awareness of health and hygiene issues, and other factors are all driving the ozone generation market.

However, health and safety concerns and complex regulatory compliance might be a major restraining factor for the ozone generation industry.

• According to the United States Environmental Protection Agency, in 2023, about 66 million tons of pollution were emitted into the atmosphere in the United States. These emissions mostly contribute to the formation of ozone and particles, the deposition of acids, and visibility impairment.

• According to estimates from the United States Environmental Protection Agency (US EPA), roughly 23,000 to 75,000 sanitary sewer overflows happen yearly. An estimated 3 billion to 10 billion gallons of untreated waste is released from sewage treatment plants annually.

Ozone Generation Market: Growth Factors

Rising adoption of ozone technology over chlorine for water disinfection

Sufficient amounts of ozone can be pumped with proper setup. The Water Pollution Control Federation claims that ozone is 3,000 times more effective than chlorine when it comes to disinfection. Ozone is an inexpensive water treatment method that doesn’t need to be stored or transported.

It is anticipated that the adoption of ozone producing devices would rise as people become more conscious of the advantages of ozone over chlorine. In the upcoming years, the need for ozone generation will rise due to environmental organizations like the Environmental Protection Agency (EPA) strengthening its regulations to monitor the maximum allowed level of disinfection byproducts.

Therefore, throughout the projection period, the market will increase even more due to the growing use of ozone technology for water disinfection rather than chlorine.

Rising air pollution concerns

The increasing concern regarding air pollution boosts the ozone generation market. Industries are the main source of global air pollution, releasing nitrogen oxides, sulfur dioxide, and volatile organic compounds (VOCs).

Emission control technologies use ozone generation systems to break down these pollutants, helping industry to meet air quality standards. Furthermore, urbanization is the major cause of air pollution. Ozone-based air filtration systems are gaining popularity in cities to fight against indoor and outdoor air pollution. Thus, these applications drive the market growth.

Ozone Generation Market: Recent Development

The ozone generation industry adopted several strategies, including product launches, acquisitions, collaboration, and expansion. Some of the company strategies include:

• In May 2023, Xylem, a water solutions provider based in the United States, acquired Evoqua Water Technologies LLC, a significant leader in mission-critical water treatment products and services, in an all-stock transaction worth nearly USD 7.5 billion. This acquisition has resulted in the availability of the world’s most advanced platform of capabilities, ready to solve the pressing water demands of Xylem’s customers and communities.

• In April 2023, Fresh Mouth announced the launch of a new ozone generator that also produces hydrogenated water. This generator has been intended to clean and sterilize the mouth safely and efficiently. The device produces ozone, which kills harmful bacteria, viruses, and fungi that cause bad breath, gum infections, and other oral health disorders.

These product launches and collaboration strategies have expanded the company’s market presence in the ozone generation industry and gained its competitive edge.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Ozone Generation Market: Challenge

Availability of alternative technology

The availability of alternative technology might pose a major challenge to the ozone generation market during the analysis period. The alternate technologies in the market are UV purification systems, activated carbon filtration, HEPA filtration, chlorine disinfection, and others.

For example, Ultraviolet (UV) purification systems are widely used for air and water treatment since they successfully eliminate bacteria, viruses, and other pathogens while leaving no leftover chemicals.

UV systems are commonly used in residential and medical settings because of their safety profile and simplicity, as they do not release ozone or require considerable monitoring. Their low cost and ease of usage make them attractive rivals in markets where ozone production may raise safety issues.

Ozone Generation Market: Category-Wise Insights

By Technology:

The corona discharge segment is expected to dominate the market owing to the widespread adoption in industries. Corona discharge systems are widely utilized in industries requiring large-scale ozone production, including water and wastewater treatment, air purification, and industrial processing.

Corona discharge technology is generating more money as demand from these industries develops due to its reliability and effectiveness in producing high ozone concentrations.

Besides, the cold plasma segment is growing at a rapid rate. The segment is expanding due to these generators’ high ozone concentration and low oxygen and energy consumption. Furthermore, these systems do not require maintenance, have the maximum discharge pressure, and offer precise dosing via built-in controllers.

By Application:

The waste water treatment segment captures a prominent market share in the ozone generation industry. Ozone generators are mostly utilized in water and wastewater treatment plants because ozone is more effective in killing bacteria and viruses.

Furthermore, the ozonation process requires less contact time and produces no residuals. The product demand for wastewater treatment is predicted to expand dramatically due to fewer safety issues associated with its handling and shipment and reduced maintenance costs.

Besides, the air purification segment shows a rapid expansion. This is owing to the rising demand for ozone generators, which may eliminate unpleasant odors and airborne pollutants.

Report Scope

Ozone Generation Market: Regional Analysis

North America dominates the ozone generation market. The growth in the region is attributed to the rising emphasis on water and wastewater treatment and increasing air pollution.

Additionally, the increasing awareness regarding clean air in residential settings drives regional expansion. Furthermore, the increasing government initiatives and the presence of major players influence the ozone generation industry in North America.

However, the Asia Pacific is growing significantly in the global ozone generation industry due to increasing urbanization and growing air pollution.

List of the prominent players in the Ozone Generation Market:

• Suez SA
• Mitsubishi Electric Corporation
• Toshiba Corporation
• Metawater Co. Ltd.
• DEL Ozone
• Ozone Tech Systems OTS AB
• Ozomax Limited
• Ebara Corporation
• Xylem Inc.
• Daikin Industries Ltd.
• Primozone Production AB
• Wedeco AG
• Advanced Purification Engineering Corp.
• Fujian Newland EnTech Co. Ltd.
• Enaly Ozone Generator
• Absolute Systems Inc.
• Pacific Ozone Technology Inc.
• Ozone Solutions Inc.
• Biowell Ozone
• MKS Instruments Inc.
• Others

The Ozone Generation Market is segmented as follows:

By Technology

• Ultraviolet
• Cold Plasma
• Corona Discharge
• Electrolytic

By Application

• Waste Water Treatment
• Air Purification
• Medical Equipment
• Food & Beverage
• Others

By End Use

• Industrial
• Residential
• Municipal
• Others

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America