Ozone Generation Market Analysis

The market is segmented by technology into ultraviolet radiation, electrolysis, radiochemical, and corona discharge, out of which, the corona discharge segment is anticipated to hold the largest share in the global ozone generation market on account of the cost effectiveness and low maintenance of corona discharge technology compared to others, and its largescale use in commercial and industrial applications. Additionally, on the basis of application, the potable water treatment segment is predicted to grab the largest share during the forecast period owing to the wide range of applications of ozone generators for water purification, disinfection and de-colorization in wastewater treatment plants. Along with these, strict government regulations for water treatment are also evaluated to drive market growth by the end of 2030.

Our in-depth analysis of the global market includes the following segments

By Technology	Ultraviolet Radiation Electrolysis Radiochemical Corona Discharge
By Application	Industrial Potable Water Treatment Municipal Air Treatment Others

Frequently Asked Questions (FAQ)

The major growth drivers for the market are increasing need for clean drinking water and rapid growth of urbanization around the world.

The market is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2022 â€“ 2030.

Lack of awareness regarding the use of ozone generation techniques is estimated to hamper the market growth.

Asia Pacific will provide more business growth opportunities to the market owing to the growing industrialization and increase in disposable income of the population.

The major players in the market are Xylem, Inc., Ebara Corporation, Industrie De Nora S.p.A., METAWATER Co., Ltd., Spartan Environmental Technologies, and others.

Ozone Generation Market Analysis