to the lower temperatures to manufacture lower temperature resins (EVAs) is estimated to boost market
growth in the upcoming years.
Ozone gas enhances properties of chemical compound, for instance, addition of ozone gas in hydrogen and
nitrogen oxides improves their bonding characteristics, heat scalability, color and odor, thus amplifying overall
product value. The market is broadly categorized into five major segments based on the application type such
as healthcare sector, semiconductor industry, chemical industry, purified water treatment and wastewater
treatment. The water treatment is considered as one of the fastest growing segment in the ozone generator
market with substantial revenue generation in the last few years. Growing popularity of ozone generator in the
water treatment segment is attributed to the increasing concerns regarding water pollution.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America
has shown major growth in recent years owing to the rise in the implementation of latest technologies, increase
in the number of research & development activities, growing concerns regarding air & water pollution, and
existence of well-established infrastructure.
Asia-Pacific region is predicted to hold major market share in the ozone generator market with massive growth
in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong
economic growth in region, increasing demand for waste water management, and significant investment by
leading industry players considering potential growth opportunities in the region.
The key players in the ozone generator market are Honeywell International Inc., Daikin Industries, Ltd.,
Whirlpool Co., Sharp Co., Sun-Belt USA, Inc., Electrolux, Inc., Biozone Co., Ozone Solutions, IN USA, Inc., and Ozo
Tech Systems AB.
Browse Related Category Market Reports @
https://www.millioninsights.com/industry/consumer-electronics