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Ozone Generator Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: September 2023 || SKU: EP5745
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Ozone Generator Market is Segmented By Process (Odor Control, Groundwater Remediation, Disinfection), By Technology (Corona Discharge, Ultraviolet Radiation, Electrolysis, Radiochemical), By Application (Water Purification, Air Purification, Organic Synthesis, Aquaculture, Pulp Bleaching, Food Processing, Surface Treatment, Others), By End-User (Municipal & Industrial Water Treatment, Residential & Industrial Air Treatment, Automotive, Paper & Pulp, Food & Beverage, Pharmaceuticals, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030 

 

Ozone Generator Market Overview

The Ozone Generator Market report analyzes the global market size, shares, recent trends, competitive intelligence, and future market outlook. Ozone generators are devices that produce ozone gas for various applications, such as water treatment, air purification, and industrial processes. The market is driven by the growing concerns regarding air and water pollution, the increasing adoption of ozone-based disinfection methods, and the stringent regulations for environmental protection. In America, the Ozone Generator Market is witnessing substantial growth. Key players in the market include Suez SA, De Nora Group, Mitsubishi Electric Corporation, and other prominent players.

Ozone generators, also known as ozone machines, are ozone-producing equipment that produces ozone gas on purpose. They are advertised as safe and effective when sold as air purifiers in populated indoor environments. Ozone is created by dissolving oxygen (O2) molecules into single atoms, bonding to additional oxygen molecules in the air to generate ozone (O3).

Furthermore, Ozone is the most powerful commercially available oxidant and has many uses. It is a strong disinfectant primarily utilized in water treatment in various sectors. Ozone generators are mostly employed in air treatment because the intense oxidation impact of ozone may break down complicated compounds. Corona discharge, which uses electrical power to generate ozone, is the most widely used commercial approach.

The type and capacity of an ozone generator are determined by various factors, including ozone concentration, running time, the type of water treated, and ozone dosage. Water treatment and air purification are common ozone generators in many sectors. Ozone generators are also used for purification in the food, beverage, and chemical sectors.

In the chemical industry, ozone generators save energy by avoiding chemicals during the bleaching process, lowering the time it takes to complete the operation.

Ozone Generator Market Scope

Metrics

Details

Market CAGR

5%

Segments Covered

By Process, By Technology, By Application, By End-User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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Ozone Generator Market Dynamics

Increasing ozone as an effective chlorine alternative boosts ozone generators' market share.

Increasing ozone as an effective chlorine alternative boosts the market share for ozone generators.

Chemical methods such as chlorination were commonly used for water disinfection. However, because these compounds produce hazardous byproducts such as trihalomethanes and others, their use has posed several health and environmental problems.

Chlorine has several drawbacks: Chlorine injection levels are difficult to manage; chlorine produces hazardous byproducts and has a distinct odor and chlorine is more expensive than ozone generators. Furthermore, Non-regulated pathogens such as Cryptosporidium, Cyclospora, and Microsporidia have been found in chlorinated water and linked to human sickness. As per U.S. Council on Environmental Quality, 93% of those who drink chlorinated water are at risk of cancer.

On the other hand, adequate volumes of ozone can be injected with proper installation. Furthermore, ozone is considered 3,000 times more effective than chlorine when disinfection. As a result, the use of ozone generators is projected to increase as people become more aware of the benefits of ozone.

In addition, growing restrictions by environmental organizations such as the Environmental Protection Agency (EPA) to monitor the maximum permitted level for disinfection byproducts would boost the ozone generators market in the forecast period.

High investment and lack of awareness in developing countries are hurdling the growth of ozone generators

Renting an ozone generator varies from US$550 to US$2000+. However small units, other home stores may offer modular, compact ozone generators for purchase, ranging from around US$90 to US$300. Furthermore, the high energy needs for wastewater treatment processes raise the ozone generators' running expenses. Any industry can benefit from installing ozone generators because it is a one-time expenditure. On the other hand, Ozone generators have substantial operating and maintenance costs.

The system manufacturer influences the price of ozone disinfection systems for municipal water treatment, the plant's location and capacity, and the treated water quality. Compared to other disinfection procedures, the expense of ozonation is often considerable. As per the Environmental Protection Agency, ozone disinfection is the least commonly employed method in the U.S. The reason behind it is the high cost and alternatives at a lower cost.

Ozone therapy can disinfect at a higher level than chlorine or ultraviolet light. However, the initial and ongoing capital and maintenance costs are not comparable to other options. As a result, ozone is only utilized in extreme circumstances where other options are ineffective.

Furthermore, due to the usage of numerous traditional methods for wastewater treatment, such as chlorine and membrane filtration, ozone generators are still a novel concept in several regions such as Asia-Pacific, the Middle East & Africa, and South America. The lack of public awareness about using ozone for sanitization and disinfection in the home is a barrier to expanding the ozone generator market.

COVID-19 Impact on Ozone Generator Market Growth

The COVID-19 pandemic has sparked widespread concern, possibly resulting in a global economic slowdown. Multiple factors influence global economic growth, including the spread of the virus, the intensity of containment measures, supply chain disruptions, financial market tightening, alterations in spending habits, behavioral changes, and unpredictable commodity prices. These domestic disruptions are projected to spread worldwide through trade and global value chain linkages, amplifying the microeconomic consequences.

COVID-19 has also had an impact on consumer spending. All non-essential purchases and services have been significantly cut. Ozone generators are used in household appliances, including air purifiers, fruit and vegetable washers, surface disinfectants, and laundry detergents. These appliances are comparatively non-essential and slightly pricey.

The global manufacturing industry and the interconnected supply chain systems have been devastated by the COVID-19 pandemic. Social distancing conventions and worldwide lockdowns have significantly impacted company operations worldwide. These changes are projected to substantially impact the ozone generator market in the first months of 2020.

However, this equipment is still employed in product processing and water and wastewater treatment in the global municipal and industrial sectors. As a result, the market's recovery is expected to be faster as countries reopen their borders to trade and incomplete projects and installations resume operations.

Ozone Generator Market Segment Analysis

The global ozone generator market can be segmented on the process, technology, application, end-user, and region.

Corona discharge generators hold a dominating market position due to their low cost and high quantities of ozone generation

The global ozone generator market is segmented on technology into corona discharge, ultraviolet radiation, electrolysis, and radiochemical. Corona discharge is the fastest-growing segment as the technology can be used for industrial and commercial applications. The advantages of corona discharge technology over other materials are responsible for the expansion. Furthermore, the technology is relatively low-maintenance and cost-effective, boosting the segmental demand in the ozone generator market.

Corona discharge generators offer various advantages. These generators can use oxygen preparation, thereby doubling the ozone output per given volume vs. dry air and creating a more pure form of ozone without creating other harmful or irritating gases if using dry air or oxygen as a feed gas. Furthermore, corona discharge generators require small construction, allowing generators to be installed in virtually any area and can create high quantities of ozone (up to 100 lbs/day), leading to market opportunities for the segment to grow in the ozone generator market.

Ozone Generator Market Geographical Share

The tremendously rising population and increased awareness of the benefits and applications of ozone generators are boosting the demand for ozone generators in North America

North America is the world's leading region for ozone generator customers. The strong market share is due to the region's extensive industrial base, particularly in the U.S. The region's burgeoning population, improved knowledge of the uses and advantages of ozone generators and stringent enforcement of various government regulations governing water and wastewater treatment are all factors in the market's expansion.

Xylem, MKS Instruments, and Corotec Corporation are the key players in the North American ozone generator industry. Furthermore, the Asia-Pacific region is predicted to lead the global ozone generators market by the end of the forecast period. Rapid industrialization and expansion of the construction and manufacturing sectors are to blame for this. The market for ozone generators is likely to be fueled by rising disposable income among middle-class families in China and India. The Middle East, Latin America, and Africa will likely hold significant market shares and grow at a modest CAGR throughout the projection period.

Ozone Generator Market Companies and Competitive Landscape

The global ozone generator market is highly competitive with local and international companies. Some prime companies contributing to the market's growth are SUEZ Water Technologies & Solutions, Xylem, Mitsubishi Electric Corporation, Ebara Corporation, Toshiba Corporation, METAWATER Co., Ltd., Spartan Environmental Technologies, MKS Instruments, Ozonetech Systems OTS AB, Absolute Systems Inc, and others.

The major companies are adopting several growth strategies such as acquisitions, product launches, and collaborations, contributing to the global growth of the ozone generator market.

  • In October 2021, BIO-UV Group introduced its nitrogen Ozone generator TOGC-XIS at AQUATECH.

Ozonetech Systems OTS AB

Overview: Ozonetech is a globally known revolutionary brand that offers a comprehensive line of cutting-edge ozone and oxidation products, solutions, and systems for air and water treatment in various industrial and public utility applications.

The company has gathered over 30 years of experience and know-how from designing, manufacturing, and commissioning advanced ozone and oxidation solutions and systems to develop the most efficient and sustainable applications that solve customers' problems and add real business value while reducing their environmental impact.

Product Portfolio: ICT-series: The ICT series of ozone generators are enclosed in a stainless steel cabinet with oxygen, ozone, and cooling water connections on the bottom. The electrical connections are all fast couplings and are likewise located underground. The control unit monitors all critical system parameters and sends an alarm through relays and LEDs if any of them are out of range. The generator can be connected to an external control box for additional functions. The series offers advantages such as high ozone concentration, compact design, adjustable ozone production level (20-100 %), and built-in led alarm and alarm relay for critical system parameters

Key Development

  • In June 2018, Ozonetech Systems OTS AB signed an agreement to deliver highly advanced AOP-coupled ozone treatment for a landfill remediation project in Southeast Asia.
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FAQ’s

  • The Ozone Generator market is expected to grow at a CAGR of 5% during the forecasting period 2023-2030.

  • North American region Controls the Ozone Generator Market during 2023-2030.

  • Asia Pacific is the fastest-growing market share during the forecast period.

  • Key players are SUEZ Water Technologies & Solutions, Xylem, Mitsubishi Electric Corporation, Ebara Corporation, Toshiba Corporation, METAWATER Co., Ltd., Spartan Environmental Technologies, MKS Instruments, Ozonetech Systems OTS AB, Absolute Systems Inc, and others.
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