Ozone Generation Market Size, Share, Growth, Trends & Analysis by 2030

Feb 19, 2025

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The global ozone generation market size was valued at $1.5 billion in 2020, and is projected to reach $2.5 billion by 2030, growing at a CAGR of 5.3% from 2021 to 2030. Ozone is a highly reactive gas composed of three oxygen atoms. It is both, natural and man-made product that occurs in the Earth's upper atmosphere ozone molecule (the stratosphere) and lower atmosphere (the troposphere).

Ozone is created when diatomic oxygen is exposed to an electrical field or ultraviolet (UV) light. Exposure to these high levels of energy causes a portion of the diatomic oxygen molecules to split into individual oxygen atoms. These free oxygen atoms combine with diatomic oxygen molecules to form ozone.

Ozone is an unstable molecule due to the weak bonds holding the third oxygen atom, making ozone a naturally powerful oxidizing and disinfecting agent. Ozone delivers oxidizing power, either directly or through the generation of hydroxyl-free radicals in the decomposition of dissolved ozone into water.

This reaction yields three simultaneous processes, such as oxidation, disinfection, and decomposition. During the oxidation process, ozone can be generated directly and through the highly reactive hydroxyl-free radicals or it can be generated by breaking of chemical bonds of organic compounds. For example, the components of the cell walls of microorganisms can be oxidized and broken down by ozone. This process facilitates disinfection by disrupting and lysing cell walls, exposing the contents of the cell to further oxidation and inactivation. All common bacteria, viruses, molds, cysts, and parasites can be destroyed by ozone in this manner. In the end, ozone decomposes to diatomic oxygen, leaving no unwanted residual taste or odor.

In addition, there are numerous application areas of ozone in the various industries, such as food surface hygiene, sanitation of food plant equipment, reuse of waste water, treatment, and lowering biological oxygen demand (BOD) and chemical oxygen demand (COD) of food plant waste. However, rise in such industries across the globe leads to increase in the scope of ozone generation, and is expected to act as the major driving factor for the market.

The ozone generation market is segmented on the basis of technology, application, end use, and region. On the basis of technology, he market is classified into ultraviolet, cold plasma, corona discharge, and electrolytic. By application, it is categorized into waste water treatment, air purification, medical equipment, food & beverages, and others. On the basis of end use, it is categorized into industrial, residential, municipal, and others. Region-wise, the market is analysed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in this ozone generation industry report include. Daikin Industries, Ltd., Evoqua Water Technologies LLC, Electrolux, Ebara Corporation, Fuji Electric Co., Ltd., Mitsubishi Electric Corporation, MKS Instruments, Teledyne Technologies, Toshiba Corporation, and Xylem.

By technology, the corona discharge segment dominated the global ozone generation market in 2020, and is projected to remain the fastest-growing segment during the forecast period. This is attributed due to its renewable nature and it is one of the easiest procedures as compared to other technologies.

Corona Discharge segment is projected as the most lucrative segment.

By application, the medical equipment segment dominated the global ozone generation market in 2020, and is projected to remain the fastest-growing segment during the forecast period. This is attributed due to rise in health infrastructure and high usage of ozone as air purification at crowded places such as hospitals, health centers, and other places.

Medical Equipment is projected as the most lucrative segment.

By product, the industrial segment dominated the global ozone generation market in 2020, and is projected to remain the fastest-growing segment during the forecast period. This is attributed to rapid expansion industries and rise in dependency on the ozone.

Industrial is projected as the most lucrative segment.

By region, Asia-Pacific dominated the global ozone generation market in 2020, and is projected to remain the fastest-growing segment during the forecast period. This is attributed to numerous factors, including the largest production of oxygen in the region, which in turn leads to production of ozone.

North America holds a dominant position in 2020 and would continue to maintain the lead over the forecast period.

Impact Of Covid-19 On Global Ozone Generation Market

Analyst Review

Improvements in ozone generation technologies enable industrial and municipal wastewater treatment frameworks to consider ozone treatment as a feasible and economic option, which acts a major factor that drives the growth of the global ozone generation market. Also, high ozone concentration and high gas pressure of modern ozone generators have made highly-polluted water samples treatable at a lesser cost. Therefore, a huge variety of several ozone generator layouts are commercially accessible in the present market. In large scale applications, the ground electrode is devised as gas/water tube heat exchange, which is loaded with tubular high-voltage cathodes on the gas handling side. Hence, different technologies and fabrication procedures strive at various scales, leading to a wide spectrum of specialized solutions in the ozone generation market.

Rising demand of ozone in medical supplies, Surge in demand of ozone in chemical industry, Extensive use of ozone in water purification are the major driving factor for the market. In addition, numerous application areas of ozone in the industry such as food surface hygiene, sanitation of food plant equipment and other may create lucrative opportunities for the market.

Agreement, business expansion and product launch are the key growth strategy of global ozone generation market players.

The report sample for global ozone generation market report can be obtained on demand from the website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.

North America will provide more business opportunities for global ozone generation in future

Daikin Industries, Ltd, Evoqua Water Technologies LLC, Electrolux, Ebara Corporation, Fuji Electric Co., Ltd, Mitsubishi Electric Corporation, MKS Instruments, Teledyne Technologies, Toshiba Corporation and Xylem. are the leading market players active in the ozone generation market.

The top ten market players are selected based on two key attributes - competitive strength and market positioning.

Medical equipment segment holds the maximum share of the global ozone generation market

Medical equipment companies, water treatment companies and other chemical industries are the major customers of global ozone generation market.

Rise in urbanization, increase in waste water engineering are expected to drive the adoption of ozone generation.

Technological evolution of ozone generation, increasing use of ozone in healthcare industry and rapid expansion of waste water engineering are the current trend expected to influence the global ozone generation market in the next few years.

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