Ozone Generation Sector: Growth Drivers and Challenges
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 |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
4.9% |
|
Base Year Market Size (2024) |
USD 1.85 billion |
|
Forecast Year Market Size (2037) |
USD 3.45 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of ozone generation is assessed at USD 1.93 billion.
Ozone Generation Market size was valued at USD 1.85 billion in 2024 and is expected to reach USD 3.45 billion by 2037, registering around 4.9% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is expected to dominate majority revenue share by 2037, propelled by growing industrialization, and increase in disposable income of the population in China and India.
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.