Market Overview:
The global ozone technology market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for potable water, waste water, and industrial water treatment across the globe. In addition, rising concerns over air and water pollution are also propelling the demand for ozone technology solutions. Based on type, the global ozone technology market is segmented into electrolysis method, nuclear radiation method, ultraviolet (UV) method, and others. The electrolysis method segment dominates the market owing to its low cost and easy installation process as compared to other methods. Based on application, the market is divided into potable water treatment, waste water treatment,, industrial wastewater treatment,, air and gas purification,, medical applications,,and others segments. The potable water segment accounts for a major share ofthe global ozone technologymarket due to increasing awareness about safe drinkingwater among consumers across regions.
Product Definition:
Ozone technology is the use of ozone gas to remove pollutants and odors from the air. Ozone is a powerful oxidizer that can break down many types of pollutants, including volatile organic compounds (VOCs) and bacteria. Ozone technology is often used in industrial settings to clean exhaust fumes and water runoff, but it can also be used in homes to remove odors and improve air quality.
Electrolysis Method:
Electrolysis method is a chemical process used for the production of hydrogen and oxygen by the electrolysis of water. Electrolysis method or electrolytic process is one of the oldest and most commonly used methods for producing hydrogen across the world. The major driving factors responsible for its growth include growing demand from various end-use industries such as power generation, natural gas processing, transportation fuel cells etc., along with rising R&D activities in this field.
Nuclear Radiation Method:
The nuclear radiation method is used in ozone technology for the production of oxygen. It involves the use of a radioactive source to split an atom into two parts, which then reacts with molecular oxygen to produce pure O2. The process is similar to how solar power works; however, instead of using sunlight, we are using nuclear radiation or cobalt-60.
Ozone (O3) technology has been around for more than half a century and was first discovered by Dr.
Application Insights:
The global ozone technology market has been segmented on the basis of application into potable water, industrial water, air and gas, medicine and others. The potable water application segment accounted for the largest revenue share in 2017 due to increasing demand for safe drinking water across various regions coupled with stringent government regulations regarding municipal waste treatment and disposal.
The growing population along with rapid urbanization is expected to augment the demand for freshwater globally; this trend is projected to have a positive impact on industry growth over the forecast period. Furthermore, technological advancements in ozonation equipment will also support market growth during future years. For instance, introduction of UV disinfection systems byhalogen companies such as Clariant provides flexibility in system design by allowing customized options including dose rate control as well as type of media (salt or freshwater) where disinfection occurs thereby offering enhanced versatility over traditional technologies used for wastewater treatment such as physical filtration or biological processing without additional chemicals or labor costs involved.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of water treatment plants using ozone technology is one of the major factors contributing to its largest share. Furthermore, increasing demand for clean water owing to rising concerns over contamination and scarcity is expected to drive this industry in North America over the forecast period.
Asia Pacific region is anticipated to witness significant growth during the forecast period owing to rapid urbanization and industrialization along with it being a major manufacturing hub for many electronic products such as smartphones and laptops, which results in high wastewater output from these industries. In addition, growing population coupled with an increase in per capita income has resulted into increased demand for potable water; thus driving this industry growth across Asia Pacific region during the same period.
Growth Factors:
- Increasing demand for ozone technology in water treatment and wastewater management
- Rising awareness about the benefits of ozone technology in various industrial applications
- Growing popularity of ozonated water for home and personal care applications
- Proliferation of ozone generators and systems across different industry verticals
- Emerging opportunities in developing countries for ozone technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Ozone Technology Market Research Report
By Type
Electrolysis Method, Nuclear Radiation Method, Ultraviolet Method, Others
By Application
Potable Water, Waste Water, Industrial Water, Air and Gas, Medicine, Others
By Companies
BWT Group, MKS Instruments, Xylem, ClearWater Tech, Ozomax, Ozonia, Ebara, Degremont, DEL Ozone, Norland International, Mitsubishi Electric, Pacific Ozone Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Ozone Technology Market Report Segments:
The global Ozone Technology market is segmented on the basis of:
Types
Electrolysis Method, Nuclear Radiation Method, Ultraviolet Method, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Potable Water, Waste Water, Industrial Water, Air and Gas, Medicine, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BWT Group
- MKS Instruments
- Xylem
- ClearWater Tech
- Ozomax
- Ozonia
- Ebara
- Degremont
- DEL Ozone
- Norland International
- Mitsubishi Electric
- Pacific Ozone Technology
Highlights of The Ozone Technology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electrolysis Method
- Nuclear Radiation Method
- Ultraviolet Method
- Others
- By Application:
- Potable Water
- Waste Water
- Industrial Water
- Air and Gas
- Medicine
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ozone Technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ozone technology is a process that uses ozone to disinfect water. Ozone is a gas that can destroy harmful bacteria, viruses and other microorganisms in water.
Some of the major companies in the ozone technology market are BWT Group, MKS Instruments, Xylem, ClearWater Tech, Ozomax, Ozonia, Ebara, Degremont, DEL Ozone, Norland International, Mitsubishi Electric, Pacific Ozone Technology.
The ozone technology market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ozone Technology Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ozone Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ozone Technology Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ozone Technology Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ozone Technology Market Size & Forecast, 2020-2028
4.5.1 Ozone Technology Market Size and Y-o-Y Growth
4.5.2 Ozone Technology Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Electrolysis Method
5.2.2 Nuclear Radiation Method
5.2.3 Ultraviolet Method
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Potable Water
6.2.2 Waste Water
6.2.3 Industrial Water
6.2.4 Air and Gas
6.2.5 Medicine
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ozone Technology Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ozone Technology Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Electrolysis Method
9.6.2 Nuclear Radiation Method
9.6.3 Ultraviolet Method
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Potable Water
9.10.2 Waste Water
9.10.3 Industrial Water
9.10.4 Air and Gas
9.10.5 Medicine
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Electrolysis Method
10.6.2 Nuclear Radiation Method
10.6.3 Ultraviolet Method
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Potable Water
10.10.2 Waste Water
10.10.3 Industrial Water
10.10.4 Air and Gas
10.10.5 Medicine
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Electrolysis Method
11.6.2 Nuclear Radiation Method
11.6.3 Ultraviolet Method
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Potable Water
11.10.2 Waste Water
11.10.3 Industrial Water
11.10.4 Air and Gas
11.10.5 Medicine
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Electrolysis Method
12.6.2 Nuclear Radiation Method
12.6.3 Ultraviolet Method
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Potable Water
12.10.2 Waste Water
12.10.3 Industrial Water
12.10.4 Air and Gas
12.10.5 Medicine
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Electrolysis Method
13.6.2 Nuclear Radiation Method
13.6.3 Ultraviolet Method
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Potable Water
13.10.2 Waste Water
13.10.3 Industrial Water
13.10.4 Air and Gas
13.10.5 Medicine
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ozone Technology Market: Competitive Dashboard
14.2 Global Ozone Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BWT Group
14.3.2 MKS Instruments
14.3.3 Xylem
14.3.4 ClearWater Tech
14.3.5 Ozomax
14.3.6 Ozonia
14.3.7 Ebara
14.3.8 Degremont
14.3.9 DEL Ozone
14.3.10 Norland International
14.3.11 Mitsubishi Electric
14.3.12 Pacific Ozone Technology
