Northbrook, IL -- (SBWIRE) -- 09/20/2020 -- The report "Ozone Generator Market by Technology (Corona Discharge, Ultraviolet Radiation, Radiochemical, Electrolysis), Application (Water Purification, Air Purification, Food Processing, Organic Synthesis, Others), Region - Global Forecast to 2025", size is projected to grow from USD 1.0 billion in 2020 to USD 1.4 billion by 2025, at a CAGR of 6.2% during the forecast period 2020 to 2025. The market growth is driven by the advantages of ozone over other alternatives for disinfection along with formulation of stringent laws & regulations for wastewater treatment and recovery & reuse of wastewater generated from industries and municipalities.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=87276855

The water purification segment accounted for the largest share of the ozone generator market in 2019.
By application, the water purification segment accounted for the largest market share in 2019. Ozone generators are widely used for water disinfection, purification, and de-colorization in water & wastewater treatment plants, swimming pools, cooling towers, and drinking water. Stringent laws & regulations implemented by the environmental bodies and governments for water & wastewater treatment are expected to propel the growth of the water purification segment. The water purification segment led the ozone generator market in 2019 and is projected to have a higher demand in the coming years.

The cororna discharge segment accounted for the largest share of the ozone generator market in 2019.
By technology, the cororna discharge segment accounted for the largest share of the ozone generator market in 2019. Corona discharge ozone generator is used for both industrial and commercial applications. The growth can be attributed to the advantages of corona discharge technology over other materials. This technology is cost-effective and has comparatively low maintenance.

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=87276855

North America accounted for the largest share in the global ozone generator market in 2019
North America accounted for the largest share of the ozone generator market in 2019. This large share can be attributed to the rising population, increasing awareness among people about the advantages and applications of ozone generators, and stringent implementation of various government regulations regarding water & wastewater treatment in the region. North America has strong growth potential for the ozone generator market, due to its vast and varied industrial base. The major end-use industries of ozone generator in North America are packaged water, chemicals, food processing, and pulp & paper.

SUEZ Water Technologies & Solutions (France), Xylem (US), Mitsubishi Electric Corporation (Japan), Ebara Corporation (Japan), Toshiba Corporation (Japan), METAWATER Co., Ltd. (Japan), Industrie De Nora S.p.A. (Italy), Spartan Environmental Technologies (US), MKS Instruments (US), Teledyne API (US), Creative Oz-Air (I) Pvt Ltd (US), Corotec Corporation (US), Ozonetech Systems OTS AB (Sweden), Absolute Systems Inc (China), Lenntech (Netherlands), Chemtronics Technologies Pvt. Ltd. (India), International Ozone (US), Faraday Ozone (India), Ecozone Technologies Ltd. (Israel), ESCO International Ltd (UK), Taoture International Enterprises Inc. (US), Ozonefac Limited (China), Enaly Ozone Generator (China), Jinan Sankang Envi-tech Co., Ltd (China), Biotek Environmental Science Ltd. (Taiwan), Shandong Nippon Photoelectricity Equipment Co., Ltd (China), Eltech Ozone (India), BiOzone Corporation (US), Dongguan Beelee Electronics Co., Ltd. (China), Fujian Newland EnTech Co. Ltd. (China), Medozons Ltd. (Russia), Ozonetek Limited (India), and Pinnacle Ozone Solutions, LLC (US), among others are the key players operating in the ozone generator market.

Recent Developments :
- In July 2020, Ozonetech Systems OTS AB entered into a partnership with Lohja Municipality (Finland) to implement pharmaceutical treatment. The project is sponsored by the program for efficient water protection by the ELY Centre in South Savo (Centre for Economic Development, Transport, and the Environment) and the Ministry of Environment. Lohja will be the first municipality in Finland to install advanced treatment technology to eliminate micropollutant emissions into the environment.
- In June 2018, Ozonetech Systems OTS AB signed a contract to deliver highly advanced AOP-coupled ozone treatment for a landfill remediation project in Southeast Asia.
Corotec Corporation introduced a new line of modular ozone generators for use on extrusion coating and laminating lines to improve the adhesion of the laminate and allow increased production speeds. These generators apply ozone to the web at the laminating or coating nip, which can increase bond strengths drastically.

Get 10% Customization on this Report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=87276855

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com