Ozone Generation Technology Market Size, Growth, Trends, Outlook And Forecast By 2028
The global ozone generation technology market size is expected to reach USD 1,772.8 Million in 2028 and register a CAGR of 6.8% over the forecast period, according to latest analysis by Emergen Research.
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Market revenue growth is primarily driven by increasing industrial activities in developing countries and rising scarcity of fresh drinking water globally. Rising need for more effective treatment of water and wastewater is boosting demand for ozone generation technology. Each year, industries generate approximately 300–400 million tons of waste, which includes solvents, micropollutants, heavy metals, toxic sludge, and recalcitrant organics, all of which pose a significant threat to human health.