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Ozone Generation Market Size & Share, by Technology (Ultraviolet Radiation, Electrolysis, Radiochemical, Corona Discharge); Application (Industrial, Potable Water Treatment, Municipal, Air Treatment) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 3394
  • Published Date: Dec 26, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Ozone Generation Market size was valued at USD 1.85 billion in 2024 and is expected to reach USD 3.45 billion by 2037, registering around 4.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of ozone generation is assessed at USD 1.93 billion.

The growth of the market can be attributed to the increasing need for clean drinking water, rapidly growing urbanization, and rise in the usage of ozone technologies. According to the Centers for Disease Control and Prevention, by 2030, an estimated 2.2 billion people need access to safely managed drinking water, including th2 884 million who don’t have any basic drinking water services. In addition to these, ozone disinfection for water treatment is a great alternative to chemical methods, such as chlorination as water borne pathogens cannot exist in ozone disinfected water. This is expected to be a crucial factor driving market growth in the upcoming years. Furthermore, increasing investments by developed countries in emerging nations to effectively treat industrial and municipal water is projected to provide ample growth opportunities to the market in the near future.  

Global-Ozone-Generation-Market-Overview
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Growth Drivers

  • Increasing Need for Clean Drinking Water
  • Rapid Growth of Urbanization Around the World

Challenges

  • Lack of Awareness Regarding the Use of Ozone Generation Techniques

Ozone Generation Market: Key Insights

Report Attribute Details

Base Year

2024

Forecast Year

2025-2037

CAGR

4.9%

Base Year Market Size (2024)

USD 1.85 billion

Forecast Year Market Size (2037)

USD 3.45 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Ozone Generation Segmentation

The market is segmented by technology into ultraviolet radiation, electrolysis, radiochemical, and corona discharge, out of which, the corona discharge segment is anticipated to hold the largest share in the global ozone generation market on account of the cost effectiveness and low maintenance of corona discharge technology compared to others, and its largescale use in commercial and industrial applications. Additionally, on the basis of application, the potable water treatment segment is predicted to grab the largest share during the forecast period owing to the wide range of applications of ozone generators for water purification, disinfection and de-colorization in wastewater treatment plants. Along with these, strict government regulations for water treatment are also evaluated to drive market growth by the end of 2030. 

Our in-depth analysis of the global market includes the following segments

By Technology
  • Ultraviolet Radiation
  • Electrolysis
  • Radiochemical
  • Corona Discharge

By Application
  • Industrial
  • Potable Water Treatment
  • Municipal
  • Air Treatment
  • Others
Vishnu Nair
Vishnu Nair
Head - Global Business Development

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Ozone Generation Industry - Regional Synopsis

APAC Market Statistics

Asia Pacific industry is expected to dominate majority revenue share by 2037, propelled by growing industrialization, and increase in disposable income of the population in China and India. 

North America Market Analysis

Moreover, the market in North America is expected to gather the largest share during the forecast period owing to the escalating awareness associated with the benefits of ozone generation technologies and rapid rise in the population in the region.

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Companies Dominating the Ozone Generation Landscape

    • Xylem, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Ebara Corporation
    • Industrie De Nora S.p.A.
    • METAWATER Co., Ltd.
    • Spartan Environmental Technologies
    • MKS Instruments
    • Mitsubishi Electric Corporation
    • Teledyne API
    • Creative Oz-Air (I) Pvt Ltd
    • Ozonetech Systems OTS AB

Recent Developments

  • October 27, 2020- Xylem, Inc. developed an ozone solution that can disinfect wastewater from paper industry up to 99.9 percent. The plant is located in Pescia, Italy, where the wastewater is treated for color and disinfection using ozone.

  • Report ID: 3394
  • Published Date: Dec 26, 2024
  • Report Format: PDF, PPT
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Frequently Asked Questions (FAQ)

In the year 2025, the industry size of ozone generation is assessed at USD 1.93 billion.

Ozone Generation Market size was valued at USD 1.85 billion in 2024 and is expected to reach USD 3.45 billion by 2037, registering around 4.9% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is expected to dominate majority revenue share by 2037, propelled by growing industrialization, and increase in disposable income of the population in China and India.

The major players in the market are Xylem, Inc., Ebara Corporation, Industrie De Nora S.p.A., METAWATER Co., Ltd., Spartan Environmental Technologies, and others.

Ozone Generation Market Report Scope

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