The Middle East & North Africa Ozone Generator Market is projected to grow at a CAGR of around 5.75% in the forecast period of 2023-28, reveals MarkNtel Advisors in their recent research report. The market has mainly been driven by the growing use of ozone generators for water treatment, air purification, food processing, etc., in the region. The countries in the Middle East & Africa, such as the UAE, Saudi Arabia, Turkey, Egypt, and Algeria, have been facing scarcity of water due to the extreme climatic conditions & geographical locations. Owing to the issue, the government of the regional countries has been taking the initiative & making investments to establish wastewater treatment plants to curb the water shortage problem. Under MENA Desalination Projects Forum 2022, Saudi Arabia announced an investment of around USD9.33 billion over 60 water projects, which includes the setup of a new wastewater treatment plant. Subsequently, the setup of numerous wastewater treatment plants in the region would further augment the demand for ozone generators as the ozone is capable of eliminating cryptosporidium, cyclospora, microsporidia, and other microbes present in the water. The application of ozone has also increased for the treatment of wastewater because of its ability to leave zero residuals during the water purification process because of its short life span characteristics.
In addition, the growth in the demand for ozone generators has also been witnessed for air purification purposes in residential, commercial, and industrial premises. The prime factors attributing to the growth of ozone generators as air purifiers are the surging disposable income of the consumers & increasing awareness of the residents to stay in a healthy & hygienic environment. Thus, the growing uses of ozone generators for air purification & water purification in residential commercial & industrial facilities, contributed by the surging establishment of water & wastewater treatment plants, would propel the market during the forecast period, further states the research report, “The Middle East & North Africa Ozone Generator Market Analysis, 2023.”
Food & Beverage Would Hold a Significant Share in the Market
Based on end-user, the market is classified as Food & Beverage, Pharmaceutical, Semiconductor, Municipal & Industrial Water Treatment, Residential & Industrial Air Treatment, and Others. Among all, Food & Beverages acquired a considerable share of the Middle East & North Africa Ozone Generator Market due to the growing application of ozone to chlorinate water in the food & beverage industry. The ozone produced by these generators is used to sanitize or disinfect bottled water. Middle East & Africa is an import driven markets in terms of perishable food, which requires proper storage, safety, and security of the foods such as fruits & vegetables. The usage of ozone has served as an alternative to chlorine, which has been more efficient in killing the bacteria in fruits & vegetables. Hence, it is projected that the growth & expansion in the food & beverage industry would positively drive the market during the forecasted period.
The UAE Experienced a Considerable Growth in the Ozone Generators Market
The UAE witnessed substantial growth in the demand for ozone generators due to the rising awareness among the resident towards consuming healthy & fresh foods. The usage of ozone generators aids in removing pathogens from food products & disinfecting food containers. Thus, the demand for ozone generators has been witnessing steady growth since the historical period due to the continuous expansion & investment in the food & beverages industry to provide safety & security to the food products.
Moreover, the burgeoning application of ozone generators in the industries like pharmaceutical, semi-conductor, and water & wastewater treatment plant would drive the UAE Ozone Generator Market during the forecasted year. For instance, in 2022, the UAE minister of energy plans to invest USD2.08 billion in new desalination plants. This would help the country to achieve water security by providing supply & ensuring national sustainability, hence it could be stated that the Middle East & Africa Ozone Generator Market would grow considerably during the forecast period.
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, including UV Light Systems FZE, Toshiba Corporation, Mitsubishi Electric Corporation, Faraday Ozone, Ecozone Technologies Ltd., Xylem, Fendtech LLC, Eltech Ozone Pvt. Ltd., Lenntech DMCC, Atlas Copco, Safir Ozone System, and Others, are looking forward to strengthening their market position.
Key Questions Answered in the Research Report