DUBLIN, Feb. 4, 2022 /PRNewswire/ — The “Ozone Generator Market with Covid-19 Impact Analysis” report has been added to ResearchAndMarkets.com’s offering.
The global ozone generator market size is projected to grow from USD 1.1 billion in 2021 to USD 1.5 billion by 2026, at a CAGR of 6.2% during the forecast period 2020 to 2026.
Increased non conventional applications of ozone such as extrusion coatings and increasing demand for ozone generators from end use industries such as food & beverages, chemical, pulp & paper, pharmaceutical, among others is expected to accelerate the growth of the ozone generator market.The pulp bleaching application segment is projected to grow at the highest CAGR during the forecast period.Based on application, the pulp bleaching segment is projected to grow at the highest CARG during the forecast period. Ozone bleaching is one of the key technologies considered for total chlorine-free (TCF) or elemental chlorine-free (ECF) pulp production. Ozone bleaching is usually conducted in medium consistency pulp and relatively low pH.
Advantages of ozone over chlorine for pulp bleaching is expected to drive the growth of ozone generator market in the pulp bleaching segment.The corona discharge technology segment is projected to grow at the highest CAGR during the forecast period.Based on the technology, the corona discharge segment is projected to grow at the highest CAGR during the forecast period. Corona discharge ozone generator is used for both industrial and commercial applications. The growth can be attributed to the advantages of corona discharge technology over other materials.
Asia Pacific is projected to grow the highest CAGR in the ozone generator market during the forecast period.Asia Pacific is projected to grow at the highest CAGR in the ozone generator market from 2021 to 2026. China, India, and Japan are witnessing rapid industrial, manufacturing, and infrastructural growth. Some of the economies in Asia Pacific have tremendous market potential in terms of rising population, favorable government policies, and industrial growth. The region is attracting investors to set up production facilities because of the availability of raw materials and labor at lower prices.It has witnessed significant growth in manufacturing activities due to low manufacturing costs and support of the local governments. Increasing investments in R&D activities related to wastewater treatment are driving the growth of the ozone generator market in the Asia Pacific region. According to the International Monetary Fund (IMF), China and India are the two fastest-growing economies in the world.
This economic growth is expected to increase industrial activities in these countries, leading to increased demand for treated water. This, in turn, is expected to fuel the ozone generator market in the region. Factors expected to fuel the growth of the Asia Pacific ozone generator market include increasing population, rapid urbanization, increasing focus on maintaining high-quality municipal water supplies, industrialization, and stringent regulations related to the wastewater treatment.Key Topics Covered: 1 Introduction2 Research Methodology3 Executive Summary4 Premium Insights4.1 Attractive Opportunities in Ozone Generator Market4.2 Ozone Generator Market, by Region4.3 North America Ozone Generator Market, by Application & Country4.4 Ozone Generator Market, by Major Countries
5 Market Overview5.1 Market Dynamics5.1.1 Drivers5.1.1.1 Water Scarcity and Stringent Laws & Regulations5.1.1.2 Growing Demand for Ozone Generators from Municipal Water Treatment Plants5.1.1.3 Increased Non-Conventional Applications of Ozone Generators5.1.1.4 An Alternative to Chlorine for Water Disinfection5.1.2 Restraints5.1.2.1 High Installation and Maintenance Costs5.1.2.2 Adverse Health Effects Associated with Ozone5.1.3 Opportunities5.1.3.1 Technological Advancements in Wastewater Treatment Systems5.1.3.2 Investments by Developed Countries in Emerging Economies5.1.4 Challenges5.1.4.1 Lack of Awareness5.2 Porter’s Five Forces Analysis5.2.1 Bargaining Power of Suppliers5.2.2 Threat of New Entrants5.2.3 Threat of Substitutes5.2.4 Bargaining Power of Buyers5.2.5 Intensity of Rivalry
6 Industry Trends6.1 Supply Chain Analysis6.2 Customer Analysis & Sales Channels6.2.1 Business-To-Business (B2B)6.2.2 Business-To-Consumer (B2C)6.3 Average Selling Price Trend Analysis6.4 COVID-19 Impact Analysis6.4.1 COVID-19 Health Assessment6.4.2 COVID-19 Impact on Ozone Generator Market6.4.2.1 Potential New Application Due to COVID-196.4.2.2 Post COVID-19 Scenario6.5 Macroeconomic Overview and Trends6.5.1 Introduction6.5.2 Trends and Forecast of GDP6.5.3 Global Electronics Industry6.5.4 Manufacturing Industry6.5.5 Oil & Gas Industry
7 Ozone Generator Market, by Process7.1 Introduction7.2 Odor Control7.3 Groundwater Remediation7.3.1 Key Features of Ozone for Soil Remediation:7.3.2 Contaminants Destroyed by Ozone:7.4 Disinfection7.4.1 Advantages:7.4.2 Disadvantages:
8 Ozone Generator Market, by Technology8.1 Introduction8.2 Corona Discharge8.2.1 Increasing Industrialization to Boost Demand for Ozone Generators8.3 Ultraviolet Radiation8.3.1 Ultraviolet (Uv) Radiation Technology Used Where Small Concentration of Ozone is Required8.4 Electrolysis8.4.1 North America is Largest Market for Ozone Generators in Electrolysis Segment8.5 Radiochemical8.5.1 Asia-Pacific is Fastest-Growing Market in Radiochemical Segment
9 Ozone Generator Market, by Application9.1 Introduction9.2 Water Purification9.2.1 Increasing for Demand for Pure Water Contributing to Market Growth9.3 Air Purification9.3.1 Increased Demand for Clean Air in Industrial and Residential Sectors9.4 Pulp Bleaching9.4.1 Demand for Ozone Generator to Rise for Pulp Bleaching9.5 Organic Synthesis9.5.1 Rising Pharmaceuticals Sector to Drive the Ozone Generator Market9.6 Aquaculture9.6.1 Rise in Use of Ozonated Water in Aquaculture Sector9.7 Food Processing9.7.1 Increase in Demand for Ozone Generators for Food Processing9.8 Surface Treatment9.8.1 Rise in Use of Surface Treatment Application in Semiconductors Industry9.9 Medicine & Aesthetics9.9.1 Need for Clean Air, Water, and Medical Equipment Contributing to Growth of Market9.10 Others
10 Ozone Generator Market, by End-Use Industry10.1 Introduction10.2 Municipal & Industrial Water Treatment10.2.1 Rising Demand for Water Contributing to Market Growth10.3 Residential & Industrial Air Treatment10.3.1 Demand for Clean Air in Residential and Industrial Sectors10.4 Food & Beverages10.4.1 North America is Fastest-Growing Market for Ozone Generators in Food & Beverages Sector10.5 Pharmaceutical10.5.1 Asia-Pacific is Fastest-Growing Market for Ozone Generators in Pharmaceutical Industry10.6 Paper & Pulp10.6.1 Ozone Mainly Used for Decolorization and Decontamination of Pulp10.7 Semiconductors10.7.1 Rising Demand for Electronics Will Boost Market Growth10.8 Automotive10.8.1 COVID-19 Pandemic Contributing to Increased Need for Automotive Sanitization10.9 Others
11 Ozone Generator Market, by Region
12 Competitive Landscape12.1 Introduction12.2 Competitive Landscape Mapping12.2.1 Star12.2.2 Emerging Leaders12.2.3 Pervasive12.2.4 Participants12.3 Competitive Benchmarking12.3.1 Strength of Product Portfolio12.3.2 Business Strategy Excellence12.4 Overview12.5 Competitive Situation & Trends12.5.1 Partnerships12.5.2 New Product Launches12.5.3 Contracts12.6 Market Share Analysis
13 Company Profiles13.1 Major Player13.1.1 Mitsubishi Electric Corporation13.1.2 Xylem13.1.3 Suez13.1.4 Ebara Corporation13.1.5 Toshiba Corporation13.1.6 Mks Instruments13.1.7 Metawater Co. Ltd.13.1.8 Teledyne Technologies Inc.13.1.9 Tmeic13.1.10 Corotec Corporation13.1.11 Ozonetek Limited13.1.12 Lenntech13.1.13 Biotek Environmental Science Ltd.13.1.14 Biozone Corporation13.1.15 Ozonetech Systems Ots Ab13.1.16 Esco International Ltd.13.1.17 Chemtronics Technologies (India) Pvt. Ltd.13.1.18 Faraday Ozone13.1.19 Pinnacle Ozone Solutions, LLC13.1.20 Ecozone Technologies Ltd.13.1.21 Enaly Ozone Generator13.1.22 Absolute Systems Inc.13.1.23 International Ozone13.1.24 Industrie De Nora S.P.A13.1.25 Spartan Environmental Technologies13.1.26 Fujian Newland Entech Co. Ltd.13.1.27 Shandong Nippon Photoelectricity Equipment Co. Ltd.13.1.28 Jinan Sankang Envi-Tech Co. Ltd.13.1.29 Taoture International Enterprises Inc.13.1.30 Creative Oz-Air (I) Pvt. Ltd.13.1.31 Eltech Ozone13.1.32 Dongguan Beelee Electronics Co. Ltd.13.1.33 Ozonefac Limited13.1.34 Medozons Ltd.
14 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/sxywlo
Media Contact:
Research and Markets Laura Wood, Senior Manager [email protected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1904 Fax (outside U.S.): +353-1-481-1716
View original content:https://www.prnewswire.com/news-releases/ozone-generator-market-with-covid-19-impact-analysis-by-technology-application-end-use-industry-and-region—global-forecast-to-2026-301475631.html
SOURCE Research and Markets
Disclaimer: The above press release comes to you under an arrangement with PR Newswire. TheTechOutlook.com takes no editorial responsibility for the same.
