Ozone Generation Market Projected to Hit $1,486 million by 2023, At a CAGR of 7 4% einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Ozone Generation Market Estimated to Reach $1,486 million by 2023 at 7.4% CAGR | In-Depth Analysis with Key Players
Ozone generation market is expected to reach at $1,486 million by 2023, registering a CAGR of 7.4% from 2017 to 2023. PORTLAND, OREGON , UNITED STATES, January 6, 2021 /EINPresswire.com/ Global ozone generation market was valued at $880 million in 2016, and is expected to reach at $1,486 million by 2023, registering a CAGR of 7.4% from 2017 to 2023. Asia-Pacific is expected to dominate the market and is expected to maintain this trend throughout the forecast period. Ozone is a highly effectual and dynamic sterilizing agent with application in many industries, owing to collective awareness regarding environmental pollution. Wastewater reclamation, potable water conservation, sludge minimization, and sludge pre-treatment are some of the prominent avenues of ozone generation application in industrial and municipal backdrops.