PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627836
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627836
The ozone generators market is expected to grow at a CAGR of 7.82%, reaching a market size of US$1,125.411 million in 2030 from US$772.709 million in 2025.
An ozone generator produces ozone gas. In the water treatment industry, ozone gas is utilized to purify water. Furthermore, the gas effectively removes pollutants from the air, making it healthier to breathe. These generators are also used to disinfect rooms from germs and odours. Alarming concerns over pollution levels and their negative impact on healthcare are surging the market demand for ozone generators during the forecasted period.
Moreover, the construction of new water treatment plants worldwide for superior water quality is anticipated to expand the market prospects further. However, a significantly high level of ozone is hazardous for humans and livestock, which remains a challenge to market growth.
There has been a rise in the sales of ozone generators in hospitals, clinics, and other centres due to their ability to neutralize coronavirus particles. Innovative product developments have also played a significant role in the market upsurge. Such as Ozone Generator for Swimming Pools, Water Parks, and Spas. It can be applied to a wide pH range of water, is better than unpleasant chlorine/chloramine odours, and reduces traditional chemical use between 60% - 90%.
Additionally, the rising pollution level globally and contaminated air are likely to give rise to frequent incidences of asthma and sick house syndrome which is also increasing the market demand. For instance, as per Medires, India contributed to around 12.9% of global cases of asthma and nearly 42.4% of asthma deaths worldwide. The sales of ozone generators will grow multifold in the country amid rising health complexities due to polluted air.
Ozone generators Market Drivers
Rapid industrialization and urbanization with consumers spending power are the factors that are driving the growth of the market. Industries such as automotive, construction, food, and healthcare have a high demand for ozone generators. Rapid industrialization and expansion of construction or manufacturing industries are fuelling the growth of the ozone generators market. Asia-Pacific is expected to be the global leader in the ozone generators market as it is the world's largest food, beverage, and tobacco producer in the world.
Globally, the population is rising day by day which has increased air pollution to a great extent. China is the most populous country in the world with a population of more than 1.4 billion followed by India. In 2018, India had a population of over 1.355 billion people and its population growth is expected to continue by 2050. It is expected that by 2030, India will become the most populous country in the world. The increasing number of populations has increased the demand for ozone generators to get rid of air pollution and is expected to be the major driver for the growth of the market during the forecasted period.
Ozone Generators Market Geographical Outlook
In developing nations such as India, the rising trend of urbanization and the growing Industrialization provide lucrative prospects for the application of ozone generators in the coming years. The rapid growth of the population in India also contributes to a significant rise in air pollution levels that will create demand for ozone generators for air purification. Further, the application of ozone generators is anticipated to expand with rising industrial usage to improve the overall shelf life of products and reduce product contamination. For example, the food and beverage sector requires disinfectant solutions for the removal of foodborne pathogens.
Additionally, the rising pollution level in the country and contaminated air are likely to give rise to frequent incidences of asthma and sickhouse syndrome. For instance, as per Medires, India contributed to around 12.9% of global cases of asthma and nearly 42.4% of asthma deaths worldwide. The sales of ozone generators will grow multifold in the country amid rising health complexities due to polluted air.
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