the Ozone Generator Market”
Ozone generators are machines that intentionally generate ozone gas and are used most commonly for air & water purification, along with extended applications for the treatment of industrial, medical, & chemical waste. These generators involve different techniques, such as ultraviolet rays, corona discharge, cold plasma, & electrolysis, for ozone gas production.
A recent research report published by MarkNtel Advisors states that the Global Ozone Generator Market is set to record around 6.4% CAGR during 2022-27. Rapid urbanization, increasing health consciousness among people for the better quality of air & water resources, and the extreme pressure on natural resources, i.e., leading to increasing water scarcity & contamination, are the prime aspects driving the Ozone Generator Market globally.
Besides, with the exponential rise in population & water consumption, the construable need for potable water is surging the demand for ozone generators for applications like water treatment & purification. Furthermore, the growing focus of governments on water treatment and purification & management systems, coupled with the imposition of several such practices, also projects remunerative prospects for the global market through 2027, further states the research report, "Global Ozone Generator Market Analysis, 2022."
Rising Water Consumption Triggering Wastewater Treatment Practices to Boost Ozone Generator Installations
Among the extensive applications of ozone generators across different verticals, wastewater treatment is the most prominent one and contributes significantly to the expansion of the Global Ozone Generator Market. With constant developments across industries and the exponentially rising population, water consumption rates are also increasing rapidly and immensely pressurizing natural resources to meet the daily requirements. It, in turn, is infusing the need to practice suitable ways for water waste disposal & recycling to generate potable water, thereby driving the demand for ozone generators.
Besides, governments of different countries are laying out regulations for the proper waste disposal & water treatment practices for both industries & individuals, i.e., another crucial factor leading to the increasing water treatment applications and propelling the demand for ozone generators, principally for water purification.
With Massive Industrial Waste Generation, North America to Dominate the Ozone Generator Market
Geographically, the adoption of ozone generators is seen extensively across North America, with countries like the US & Canada being the prominent producers & consumers. This position of North America attributes to the high industrial developments across the region, especially in the US, coupled with the growing awareness & consciousness among people about the availability, utilization, & advantages of ozone generators for both households and industrial or commercial purposes.
Besides, the increasing development of industrial capacities across North America is leading to massive waste generation and a critical need for wastewater treatment. It, in turn, is generating lucrative opportunities for the industrial applications of ozone generators and projects a significant expansion of the North America Ozone Generator Market in the years ahead.
The maior companies in the Global Ozone Generator Market include Corotec Corporation, Daikin Industries Ltd., DEL Ozone, Electrolux AB, Lenntech, Mitsubishi Electric Corporation, Ozone Tech Systems, Ozonetek Limited, Ozone Solutions Inc., Primozone, Pinnacle Ozone, Primozone Production AB (Westfal-Larsen Technology), Sun-Belt USA, and Toshiba Corporation.
Key Questions Answered in the Study: