New York, May 30, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Ozone Generation: Technologies, Markets and Players" - https://www.reportlinker.com/p096588/?utm_source=GNW
Ongoing market trends, growth drivers and challenges impeding the market are discussed.The scope of the market analyzed in this report includes OGT categories for water applications, air and gas treatment, and medicine on a global basis.
Market segments for water applications include potable water (e.g., municipal, bottled, residential), wastewater (e.g., industrial, municipal), and process water and other water (e.g., pool and spa, aquaculture, remaining applications). The air and gas treatment category includes semiconductor manufacture and other air and gas treatment segments.
Using 2021 as the base year, the report provides estimated market data for the forecast period 2022-2027.The market size for different regions (regions by application) will also be covered.
Sales value estimates are based on prices in the supply chain.Market-driving forces and industry structure are examined.
International aspects are analyzed for all global regions.
This report considers the impact of COVID-19.In 2020, the growth rate of manufacturing industries worldwide was severely affected by the pandemic.
The COVID-19 pandemic halted progress in every regional economy. Various governments around the globe took measures to contain the fallout from the economic slowdown.
Report Includes:
- 74 data tables and 50 additional tables
- An overview of the global market and technologies for ozone generation
- Estimation of the market size and analyses of global market trends, with data from 2021, 2022 and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the current and future market potential and quantification of ozone generation market based on type, application, and region
- Identification of trends that are affecting the use of ozone generation technologies and their major source markets
- Information on ozone generation methods, such as chemical reactions, electrical discharge, ultraviolet radiation, and photolysis of oxygen molecules
- Analysis of underlying technological, environmental, legal/regulatory, and political trends that may influence the size and nature of the market
- Coverage of advancements in ozone generation technology, and description of OGT categories for water applications, air and gas treatment, and medicine
- Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies and a relevant patent analysis
- Comprehensive company profiles of the leading players of the industry, including Evoqua Water Technologies Corp., MKS Instruments Inc., Toshiba Corp., Xylem Inc., Industrie De Nora, and Ebara Corp.
Summary:
The global ozone generation market totaled $REDACTED billion in 2021 and $REDACTED billion in 2022.Growing at a CAGR of REDACTED%, the market is expected to reach $REDACTED billion in 2027.
The ozone generation industry involves the production and distribution of ozone generators, which are devices that generate ozone gas.Ozone gas is a powerful oxidizing agent and is used for various applications, including waterapplications, air and gas purification, and medicinal purposes.
The technology used in ozone generationvaries depending on the application.Some ozone generators use corona discharge technology, whichinvolves the use of high voltage electrical discharge to produce ozone gas.
Others use ultraviolet light togenerate ozone gas.
Some of the key market trends in ozone generation include growing demand for water and wastewater treatment for disinfecting and purifying water, increasing awareness of indoor air quality, surging healthcare industry and environmental regulations and sustainability.Ozone generators are used in air purification applications, such as in HVAC systems and industrial ventilation.
With growing concerns over air pollution, the demand for effective air purification methods is expected to increase in the coming years.
It is critical to safeguard the environment and water supply.Water pollution is getting progressively worse.
This problem is being tracked by all nations.Industry is the foundation of many national economies.
Water contamination is a big concern on a global scale.In metropolitan settings, sewage treatment technology can efficiently treat domestic and industrial wastewater to stop sewage and contaminants from entering waterways.
Ozone generation technologies are crucial components of wastewater treatment machinery.
Given the current state of ecological consciousness, dangerous emissions from industrial processes or human activity point to negative effects on the environment.There is a considerable incentive for adopting energy efficient ozone generation, carrying out research on new kinds of technologies and materials due to new laws and changing markets.
The ozone generation industry is expanding into new markets, particularly in developing countries where access to clean water and air is a major concern. This presents new opportunities for companies in the industry to develop and market ozone-based solutions for these markets.
Advancements in ozone generation technology, such as the development of more efficient and compact ozone generators, are further driving the growth of the market.These new technologies are improving the efficiency and effectiveness of ozone generation, making it more accessible and cost-effective for a wider range of applications.
Moreover, ozone generators offer a more environmentally friendly and sustainable solution for water and air purification, as they do not use harmful chemicals or leave behind harmful byproducts.In the healthcare industry, ozone generators are widely used in applications such as sterilization and disinfection.
With growing concerns over healthcare-associated infections, the demand for ozone generators in healthcare is expected to continue to increase in the coming years.
The ozone generation industry has been growing in recent years due to increasing concerns about environmental pollution and the need for more effective water and air treatment methods.The industry is also driven by advances in technology, which have led to more efficient and cost-effective ozone generators.
However, the ozone generation industry also faces challenges related to safety and regulation. Ozone gas can be dangerous if not used properly, and there are regulations in place to ensure that ozone generators meet safety standards.
Read the full report: https://www.reportlinker.com/p096588/?utm_source=GNW
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