According to the latest market research study released by Technavio, the global ozone generation technology market is expected to grow at a CAGR of about 8% during the forecast period 2016-2020.
This market research report by Technavio provides an in-depth analysis of the market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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Technavio research analysts categorize the global ozone generation technology market based on application:
Global ozone generation technology market share by application 2015
|
Drinking water |
28.0% |
|
Industrial water |
26.0% |
|
Waste water |
23.5% |
|
Air treatment |
12.5% |
|
Others |
10.0% |
Source: Technavio
The top three revenue contributing application segments are discussed below:
Global ozone generation technology market by drinking water segment
In 2015, drinking water segment accounted for around 28% of the global ozone generation technology market. Ozone technology is mostly used for municipal drinking water treatment and disinfection, to kill viruses, giardia, cryptosporidium, bacteria, and other microbial contaminants. Unlike ozone, which is a flocculating agent that effectually removes taste, color, and odor from water, and decreases the manganese and iron concentration, other methods such as UV are restricted to disinfection. Ozone technology mainly treats drinking water to kill any pathogenic microorganisms, such as bacteria or parasites, and eliminate traces of contaminants. Many countries are effectively introducing new drinking water regulations and severe cut offs for contaminant levels, to ensure well-being of consumers.
Owing to its excellent disinfection and oxidation properties, it is expected that the drinking water treatment using ozone generation technology will grow at a steady rate over the predicted period. Ozone, as compared to other chemicals such as chlorine, needs less time for disinfection and produces fewer dangerous by-products. It is mostly used before the filtering stage, pre-oxidation, and to remove organic as well as inorganic matter. The ozone technology is gaining traction in many countries, for instance, the US Food and Drug Administration approves the use of ozone for drinking water treatment.
“There is a lack of awareness among people regarding the ozone generation methods and their effect, especially on health, which may result in misuse and skepticism among end-users. Several vendors in the market are coming up with containerized ozone generators, which is considered an ideal solution for outdoor installation requirements. This ozone generating equipment is completely pre-assembled and insulated. The ozone generator is placed in a container and the whole piping is inside the container. Also, these containerized systems require minimal construction work and can be expanded easily for future use,” says Thanikachalam Chandrasekaran, a lead analyst at Technavio for research on water and waste management.
There are numerous benefits of ozone technology in drinking water processing which includes preozonization, wherein ozone purifies water and restricts development of organic material and kills microorganisms like algae, enhances the biodegradability of organic substances and breaks down trace contaminants that are removed during biological treatment of the water, and combines with activated carbon/peroxide to remove contaminants using water process engineering.
Global ozone generation technology market by industrial water segment
In 2015, industrial water segment accounted for around 26% of the global ozone generation technology market. To treat industrial wastewater, ozone technology is the most effective treatment, and is also used to remove heavy organic metals such as manganese and iron from water, as they are difficult to remove. Ozone is used in industrial wastewater treatment due to its ability to remove odor, bacteria, color, and taste. The pulp and paper industry uses the ozone technology effectively, wherein ozone eliminates the unwanted chemical biocides for pulp bleaching, color from dye work, effluents in paper mills, and in cooling-tower systems. The concentration of contaminants such as nutrients, solids, refractory organics, priority pollutants, heavy metals, and dissolved organics varies in industrial water. The requirement of removing contaminants from wastewater before reusing or discharging it, has propelled the demand for industrial water treatment. Among array of solutions, ozone generation technology offers process water treatment, cooling water, and wastewater treatment for industrial applications.
Global ozone generation technology market by wastewater segment
The wastewater segment accounted for around 24% of the global ozone generation technology market, in 2015. In wastewater treatment, ozone is used to eliminate organic molecules, odor from urban waste, cyanides, and phenols from chemical waste. The effective ozone treatment of wastewater allows it to be reused for various purposes such as wash water, irrigation, firefighting systems. Owing to its strong oxidative nature, ozone can effectively treat contaminants such as biochemical oxygen demand, chemical oxygen demand, color, phenols, cyanides, sanitary waste, and a host of complex chemicals. To make wastewater reusable at low operating cost, the municipalities and industries are incurring smart investments in water installations, which will decrease the freshwater consumption. There are many contaminants in waste water such as bacteria, protozoa, helminths, and viruses that need to be removed before the water is reused. The untreated wastewater can cause numerous diseases, contaminate the groundwater, and be harmful to marine life. It is expected that the market for the global ozone generation technology will witness substantial growth in the coming years due to the increased requirement of the technology in purifying water.
The top leading vendors operating in the global ozone generation technology market are:
- Degrémont
- EBARA
- Fuji Electric
- Mitsubishi Electric
- Toshiba
Other prominent vendors in the market are DEL Ozone, Bharat Light Machine, Pacific Ozone Technology, Absolute Systems, International Ozone Technologies, Ozocan Corporation, Primozone, Chemtronics, ORAIPL, METAWATER, Xylem Water Solutions, Ozonia, and ESCO International.
A more detailed analysis is available in the Technavio report titled, ‘Global Ozone Generation Technology Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Residential Drinking Water Treatment Equipment Market 2016-2020
- Global Packaged Wastewater Treatment Market 2016-2020
- Global Smart Water Management Market 2016-2020
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