Ozone Generation Market Trends

  • Report ID: 3394
  • Published Date: Sep 18, 2024
  • Report Format: PDF, PPT

Ozone Generation Market Trends

Growth Drivers

  • Increasing Need for Clean Drinking Water
  • Rapid Growth of Urbanization Around the World

Challenges

  • Lack of Awareness Regarding the Use of Ozone Generation Techniques

Ozone Generation Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

4.9%

Base Year Market Size (2023)

USD 1.76 billion

Forecast Year Market Size (2036)

USD 3.28 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 3394
  • Published Date: Sep 18, 2024
  • Report Format: PDF, PPT

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 – 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.
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