Global Ozone Generation Market Seen Soaring 5.66% Growth to Reach USD 2.17 Billion by 2030, Projects Univdatos Market Insights

Author: Vikas Kumar

17 November 2023

Key Highlights of the Report:

  • Ozone protection efforts have contributed significantly to slowing climate change by avoiding an estimated 135 billion tons of carbon dioxide (CO2) equivalent emissions from 1990 to 2010. This is five times larger than the annual emissions reduction target for the first commitment period (2008-2012) of the Kyoto Protocol, the predecessor to the Paris Agreement.
  • Assuming full compliance with the Montreal Protocol, surface solar UV radiation is expected to decrease 2-6% by 2090 at mid-latitudes with variable changes in the tropics of less than 3%.
  • The decline of ODS emissions due to the implementation of the Montreal Protocol has led to an avoided global warming of approximately 0.5-1 °C by mid-century compared to an extreme scenario with an uncontrolled increase in ODSs of 3-3.5% per year.
  • In the United States, full implementation of the Montreal Protocol is expected to prevent approximately 443 million cases of skin cancer, 2.3 million skin cancer deaths, and 63 million cases of cataracts for people born in the years 1890–2100, according to the US Environmental Protection Agency.

According to a new report by Univdatos Market Insights, the Ozone Generation Market Globally is expected to reach USD 2.17 Billion in 2030 by growing at a CAGR of 5.66%. The major factors contributing to the growth of the market include the increasing demand for water and air purification, the increasing use of ozone in industrial processes, and the growing use of ozone in medical applications.

Introduction

The food processing industry, particularly in California, is increasingly adopting ozone generation technology for treatment, sanitation, and water purification. Ozone, a powerful disinfectant gas, offers a safe and effective alternative to traditional sanitizers like chlorine. Ozone systems, such as those manufactured by Ozone Safe Food Technologies, provide efficient solutions for treating surfaces in food processing plants.

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Ozone-Enriched Water for Sanitation

Ozone-enriched water is gaining popularity as an eco-friendly alternative to chlorine sanitizers in food processing plants. It effectively eliminates microbes without leaving any residue. Ozone systems can produce ozone concentrations ranging from 18g/h to 1120g/h, with integrated feed gas systems for safe and sustainable operation [1]. Ozone-enriched water ensures food safety and reduces the risk of contamination.

Benefits of Ozone Generation

Ozone generation methods, including photo generation, are highly efficient for treating manufacturing plant surfaces. Ozone gas acts as a disinfectant, eliminating bacteria, viruses, and other pathogens on contact. It also breaks down harmful chemicals and pesticides, further enhancing food safety. Ozone has a short half-life, leaving no harmful by-products or residues behind.

Specialized Companies in Ozone Systems

Companies like Ozone Safe Food Technologies specialize in manufacturing ozone systems specifically designed for the food and beverage industry. These systems are tailored to meet the unique requirements of food processing plants, ensuring effective sanitation and water purification.

Despite these challenges, the demand for sustainable aviation fuels is expected to continue to grow in the coming years. In 2019, the International Civil Aviation Organization (ICAO) set a target of having 5% of all aviation fuel being sustainable by 2020, with several countries already exceeding this target. Additionally, several airlines have committed to using sustainable aviation fuels in their operations, with some airlines already using them in their fleets.

Innovative Solutions and Commitment

  • Total Energies, a global energy company, is actively involved in the development and production of renewable and low-carbon energy solutions for the aviation industry. They are exploring innovative approaches such as bio-based feedstocks and synthetic fuels to further reduce the carbon intensity of aviation fuel. By investing in research and development, Total Energies is driving the adoption of sustainable aviation fuels and working towards a more sustainable future.

Reducing Carbon Intensity in Aviation

  • The aviation industry is responsible for a significant portion of global carbon emissions. The use of sustainable aviation fuels can reduce the overall carbon intensity of flights, mitigating the environmental impact of air travel. These fuels can be used as a drop-in replacement for conventional jet fuels, requiring no modifications to existing aircraft or infrastructure. This makes them a viable and practical solution for airlines looking to reduce their carbon footprint without compromising performance.

Latest Instances of Market Growth

The ozone generation market has witnessed several recent instances of growth and innovation.

  • In 2022, a team of researchers at the University of California, Berkeley developed a new type of ozone generator that is much more efficient than traditional models. The generator uses plasma to generate ozone, which is a high-energy state of matter that can be created by applying a strong electric field to a gas. The plasma ozone generator is up to 10 times more efficient than traditional ozone generators, and it can generate ozone at much lower temperatures.
  • In 2023, a company called Aeramax launched a new line of portable ozone generators that are designed to be used in homes and businesses. The generators are small and lightweight, and they can be easily plugged into a standard wall outlet. The generators are also equipped with sensors that monitor the ozone level and automatically adjust the output to ensure that it is safe and effective.
  • In 2023, a company called Ozone Systems International launched a new line of ozone generators that are designed to be used in industrial applications. The generators are equipped with advanced controls that allow users to tailor the ozone dose to the specific application. The generators can also be used to produce ozone in a variety of concentrations, making them suitable for a wide range of industrial uses.

Conclusion

In conclusion, the growth of the ozone generation market is being driven by the growing demand for water and air purification, the utilization of ozone in industrial processes, and its application in medical settings. Ozone-enriched water is gaining popularity in the food processing industry as a more effective and environmentally friendly alternative to traditional sanitizers like chlorine. Companies are now producing ozone systems to meet the specific requirements of food processing plants. Additionally, the demand for sustainable aviation fuels is expected to continue growing, with firms like Daikin I Industries Ltd. committing to the research and development of reducing the carbon intensity of aviation fuel. The ozone generation market has seen recent developments such as plasma ozone generators, portable ozone generators, and industrial-grade ozone generators. All in all, the ozone generation market is likely to experience further growth as industries and sectors appreciate the advantages of ozone technology for various applications.

Key Offerings of the Report

Market Size, Trends, & Forecast by Revenue | 2023−2030.

Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities

Market Segmentation – A detailed analysis by Technology, By Application, and By End User

Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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