Report Highlights
- Total worldwide sales revenues for ozone technology were $469 million in 2007, and are expected to increase to more than $800 Million in 2015, a compound annual growth rate (CAGR) of 8.1%.
- The largest ozone technology segments in 2009 were All water/wastewater applications. All water/wastewater will increase from $356 million in 2007 to nearly $600 million in 2015, a compound annual growth rate (CAGR) of 8.4%.
- Sales of ozone technology IN Air and gas treatment, medicine will experience moderate growth. This market segment was worth $113 million in 2007 and will increase at a 6.9% compound annual growth rate (CAGR) to reach a value of $183 million in 2015.
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Report Highlights
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The global market for ozone technology is estimated at $321.8 million in 2007 and is expected to reach $444.1 million in 2012, a compound annual growth rate (CAGR) of about 6.7%.
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The 2007 market for all water and wastewater applications is estimated at $276.8 million and is expected to reach $377.1 million in 2012, a CAGR of 6.4%.
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The possibility of replacing chlorine and its derivatives with ozone is attractive for industries seeking to reduce the use of chemicals and/or eliminate the generation of chlorinated wastes.
Report Highlights
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The global market for ozone technology is estimated at $225.1 million in 2004. Increasing at an average annual growth rate (AAGR) of about 6.3% it is expected to reach $305 million in 2009.
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The possibility of replacing chlorine is attractive for industries seeking to reduce chemical use and/or eliminate the generation of chlorinated wastes.
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Although effective in indoor air purification, air treatment by ozonation is a small market. The EPA discourages consumers from using ozone generators in occupied spaces, and legal action has been taken against some manufacturers making health claims.
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While medical ozone is an emerging field, in the U.S., only one company is
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