Rising industrial activities in developing countries and scarcity of potable water are key factors driving the growth of the market
VANCOUVER, BC, CANADA, March 18, 2022 /EINPresswire.com/ — The Ozone Generation Technology market report covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region and presence. of key players in the region.
Market size – USD 1,055.3 million in 2020, market growth – at a CAGR of 6.8%, market trends – Emergence of advanced ozone-based oxidation processes
The research contains details of the latest happenings in the Ozone Generation Technology market, including but not limited to product launches, acquisitions and mergers, collaborations, and technological advancements in the purpose of helping business evangelists, product owners, and marketing personnel understand what the future demands. , customer preferences, consumption volume, production capacity, and supply chain management of the Ozone Generation Technology market will look like
Ozone is one of the most powerful natural germicidal and purifying substances with antibacterial properties, which enhances its application for water and wastewater treatment. Ozone offers a cost-effective and sustainable alternative to chlorine, which is reflected in the growing popularity of ozone generation technology.
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Some highlights of the report
In January 2018, METAWATER Co., Ltd. announced that the company will supply ozone generation systems for the Xicheng Water Treatment Plant in Wuxi City, Jiangsu Province, China. The company entered the large-scale ozone water treatment market in China in 2008, and has already delivered to Xuelang water treatment plant and Xuelang water treatment plant. Zhongqiao in Wuxi City. Xicheng Water Treatment Plant is the 10th water treatment plant to adopt the company’s ozone generation systems in China.
The 3g/h-9g/h segment accounted for the largest share of revenue in 2020. The ability to use the 3g/h-9g/h unit for various applications, ranging from household applications to light industrial and commercial applications, is driving segment revenue growth. Products with an ozone output of 3g/h-9g/h are versatile, efficient, reliable and robust.
Revenue from the industrial water segment is expected to grow at a rapid CAGR during the forecast period. The increase in industrial activities in developing countries leads to an increase in the applications of ozone generation technology for the treatment of industrial wastewater.
North America accounted for the largest revenue share of the global ozone generation technology market in 2020. The presence of stringent government regulations regarding the disposal of industrial wastewater into water bodies without proper treatment is expected to drive the market growth in the region over the forecast period.
Best Key Supplier:
Some major companies included in the company profile section of the global market report are SUEZ, Ebara Corporation, Fuji Electric Co., Ltd., Mitsubishi Electric Corporation, Toshiba Corporation, Primozone Production AB, METAWATER Co., Ltd., Xylem Inc., ESCO International and Chemtronics.
The research study sheds light on key growth opportunities and market trends along with other vital market dynamics including industry growth drivers and restraints. With this report, potential buyers can be sure of becoming capable of adapting to the changes in the Ozone Generation Technology industry.
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The study was conducted based on input from industry leaders. Thus, a conscious effort to dive deep and unearth hard-to-find information regarding the growing market landscape and growth prospects over the next few years is clearly visible in the study. The market intelligence report further includes discussions of major vendors operating in the Ozone Generation Technology space
Product Type Outlook (Revenue, USD Million; 2018-2028)
Less than 3g/h
More than 9g/h
Application Outlook (Revenue, USD Million; 2018-2028)
Geographical Landscape of Global Ozone Generation Technology Market – Synopsis:
The report closely studies the growth trajectory of the global Ozone Generation Technology Market. It highlights the global dominance of major regional segments including North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa.
Ozone Generation Technology Market Report Overview:
Introduction, Product Scope, Market Overview and Opportunities
Manufacturers Analysis with Sales, Revenue and Price Analysis
Complete analysis of the competitive landscape
Detailed profiling of key competitors along with their business strategies and market size
Regional analysis of the market along with sales, revenue, market share and global position
Country-wise analysis of the market along with types, applications, and manufacturing
Strategic recommendations to established players as well as new entrants
The study develops crucial information relating to the regional share of ozone generation technology. It simultaneously focuses on significant details of the growth patterns of each regional market.
Additionally, the report contains an exhaustive geographical study of the market, emphasizing business growth prospects and market barriers for each of the key market regions.
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