Increasing industrial activities in developing countries and increasing scarcity of drinking water are key factors driving the market growth
VANCOUVER, BC, CANADA, March 18, 2022 /EINPresswire.com/ — The Ozone Generation Technology Market The report covers the scope of each application and type in each region. The report also provides details on production and consumption patterns, technological developments, sales growth, market size, market share, key trends and requirements affecting market growth in the region, and strong presence of key players in the region.
Market Size – $1,055.3 million in 2020, Market Growth – at a CAGR of 6.8%, Market Trends – Emergence of ozone-based advanced oxidation processes
The research provides the details on the latest happenings in the Ozone Generation Technology market including but not limited to product launches, acquisitions and mergers, collaborations and technological advancements with the aim of helping business evangelists, product owners and marketers understand what the future holds requires , customer preferences, consumption volume, production capacity and supply chain management of ozone generation technology market will be similar
Ozone is one of the most powerful natural germicidal and purifying substances with antibacterial properties, which increases its application to treat water and waste water. Ozone offers an inexpensive and sustainable alternative to chlorine, leading to the increasing popularity of ozone generation technology.
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Some key highlights from the report
In January 2018, METAWATER Co.,Ltd. announced that the company will supply ozone generation systems for the Xicheng Water Treatment Plant in Wuxi City, Jiangsu Province, China. The company fully entered the large-scale ozone water treatment market in China in 2008, and has already supplied to Xuelang Water Treatment Plant and Zhongqiao Water Treatment Plant in Wuxi City. Xicheng Water Treatment Plant is the 10th water treatment plant to adopt the company’s ozone generating systems in China.
The 3 g/h to 9 g/h segment accounted for the largest share of sales in 2020. The ability to run units from 3g/h to 9g/h for various applications ranging from domestic to light industrial and commercial uses is fueling the segment’s sales growth. Products with an ozone output of 3 g/h to 9 g/h are versatile, efficient, reliable and robust.
Revenue in the industrial water segment is expected to grow at a rapid CAGR during the forecast period. Increasing industrial activity in developing countries is leading to increasing applications of ozone generation technology to treat industrial wastewater.
North America made the largest revenue contribution to the global Ozone Generation Technology Market in 2020. The presence of strict government regulations regarding the discharge of industrial wastewater into water bodies without proper treatment is expected to spur market growth in the region over the forecast period.
Top Key Providers:
Some of the major companies mentioned in the company profile section of the global market report are SUEZ, Ebara Corporation, Fuji Electric Co., Ltd., Mitsubishi Electric Corporation, Toshiba Corporation, Primozone Production AB, METAWATER Co., Ltd., Xylem Inc ., ESCO International and Chemtronik.
The research study sheds light on the key growth opportunities and market trends along with other key market dynamics, including the drivers and restraints for industry growth. With this report, the potential buyers can rest assured that they will be able to adapt to the changes occurring in the Ozone Generation Technology industry.
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The study was conducted based on input from the industry leaders. Hence, the conscious effort to dive deep and find hard-to-find information about the expanding market landscape and growth prospects over the next few years is clearly visible in the study. The market research report further includes discussions about the major vendors operating in the ozone generation technology space
Product Type Outlook (Revenue, $M; 2018-2028)
Less than 3g/h
More than 9 g/h
Bid Outlook (Revenue, $M; 2018-2028)
Global Ozone Generation Technology Market Geographical Landscape – Executive Summary:
The report closely examines the growth path of the global ozone generation technology market. It demonstrates the global dominance of the leading regional segments including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
Ozone Generation Technology Market Report Overview:
Introduction, product scope, market overview and opportunities
Analysis of manufacturers with sales, revenue and price analysis
Comprehensive analysis of the competitive landscape
Comprehensive profiling of key competitors along with their business strategies and market size
Regional analysis of the market along with sales, revenue, market share and global position
Country-wise analysis of the market along with types, applications and manufacturing
Strategic recommendations for established players and newcomers
The study explains the key information on the regional share of ozone generation technology. At the same time, it focuses on the essential details on the growth patterns of each regional market.
Additionally, the report includes a comprehensive geographic study of the market, highlighting the growth prospects and market barriers for each of the major market regions.
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