Ozone Generation: Technologies, Markets and Players

Feb. 15, 2012 - PRLog -- Wellesley, Mass. – According to a new technical market research report, Ozone Generation: Technologies, Markets and Players (CHM044D) from BCC Research, the global market for ozone technology was valued at $606 million in 2011 and is expected to increase to $838 million in 2016, a five-year compound annual growth rate (CAGR) of 6.7%.

The ozone technology market can be separated into two segments: all water and wastewater applications, and air and gas treatment, medicine.

The water/wastewater segment, worth $460.5 million in 2011, is expected to increase at a CAGR of 6.6% to reach $634 million in 2016.

The air and gas treatment and medicine segment was worth $145.5 million in 2011 and should reach $204 million in 2016, a CAGR of 7%.

Ozone (O3), the triatomic form of oxygen, has proven to be a very useful gas. Various applications in the treatment of water dominate the marketplace and also tend to be the fastest growing. Sectors of air/gas treatment have rapidly growing and/or large potential markets. Medical uses continue to grow and evolve. The need for environmental protection and for repairs to decaying treatment works speed the pace of investment in ozone technology.

Despite a somewhat dim world economic picture, ozone generator sales are forecast to continue rising at a relatively strong rate. In the Asia-Pacific market, sales of ozone generators are driven by increasing demand for drinking water, industrial process water and wastewater treatment (and recycling). These, in turn, are propelled by water shortages and a lack of sufficient purification capacity in rapidly growing markets such as China and India.

This comprehensive report (available at http://www.bccresearch.com/report/ozone-generation-techno...) aims to provide those interested in investment, acquisition or expansion into the market for ozone technology with specific, detailed information crucial to making educated decisions. Senior marketing personnel, venture capitalists, executive planners, research directors, government officials, and suppliers to the industry who want to discover and exploit current or projected market niches should find this report of value. Readers who wish to understand how regulations, market pressures, and technology interact in the arena also will find this study worthwhile.

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