The global ozone generator market size is projected to grow USD 1.5 billion by 2026, at a CAGR of 6.2%. The use of ozone as an alternative to chlorine for disinfection is one of the major factor propelling the growth of the ozone generator market.
The water purification segment is the leading contributor to the ozone generator market, holding the largest share. This dominance is indicative of the widespread adoption of ozone generators for water treatment purposes. Ozone generators play a crucial role in disinfecting and purifying water by effectively removing contaminants and microorganisms. This significant market share underscores the importance of ozone technology in addressing water quality challenges across various industries and sectors.
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North America holds the dominant position in the global ozone generator market, contributing the largest share. This market leadership can be attributed to factors such as technological innovation, a robust industrial sector, and a heightened focus on water and air quality management. The region’s substantial market share highlights its significant role in driving the demand for ozone generators, which are used for various applications including water treatment, air purification, and industrial processes.
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), and Absolute Systems Inc (China) are some of the leading players operating in the ozone generator market.
The key players operational in the ozone generator market are focusing on product launches, contracts, and partnerships to enhance their position in the market. These companies are also investing in R&D activities to strengthen their sales and distribution networks, enhance their market visibility, and strengthen their position.
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Ozonetech Systems OTS AB, in July 2020 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.
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.
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