Ozone Generation: Technologies, Markets and Players
The global ozone generation technology market totaled $736.1 million in 2014. This market is expected to grow at a five-year compound annual growth rate (CAGR) of 7.1% from 2015 to 2020, and reach $785.5 million in 2015 and $1.1 billion in 2020.
- An overview of ozone generation technologies, markets, and players.
- Analyses of global market trends, with data from 2014, estimates for 2015, and projections of CAGRs through 2020.
- Analysis of the industry's structure, pricing considerations, research and development (R&D), and government regulations.
- Coverage of applications including wastewater, potable water and process water treatment; swimming pool and spa water disinfection; agriculture, aquaculture and hydroponics; laundry; landfill leachate treatment; groundwater remediation; air and gas purification; odor control; medicine; and homeland security.
- A look at technical as well as market drivers used in evaluating the current worth of the technologies and in forecasting growth and trends over the next five years.
The scope of the market analyzed in this report includes OGT for the industrial, municipal and residential markets. Market categories include water applications, air and gas treatment systems and medical technologies. Market segments cover potable water, wastewater, process water, air and gas, and semi-conductor applications. Sub-segments include municipal, bottled and residential potable water applications; industrial and municipal wastewater applications; and pool and spa, aquaculture and other applications.
OGT market data are provided in dollar value for the years 2014 and 2015, with projections given through 2020. Data breakdowns are provided for industrial, municipal and residential applications, as well as market categories and segments. Regional data is presented for seven global regions: Asia, North America, Latin America and Caribbean, Europe, Middle East, Africa and Australia and Oceania, as well as for the 10 countries most involved in the OGT market.
NANA LAPHAM has contributed to BCC Research since 2000 on topics ranging from environmental science to nuclear technology, microgrids, energy, oil recovery and ozone generation. She lives in the Pacific Northwest and holds bachelor's degree from Western Oregon University and another from Oregon State University.
The global market for ozone technology reached $557 million in 2010 and $606 million in 2011. It is expected to grow to $838 million in 2016, a compound annual growth rate (CAGR) of 6.7% for the period.
- 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.
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%.
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%.
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.
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.
The possibility of replacing chlorine is attractive for industries seeking to reduce chemical use and/or eliminate the generation of chlorinated wastes.
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.
While medical ozone is an emerging field, in the U.S., only one company is