1 Global Ozone System Market Outlook
The global Ozone System market is projected to exhibit substantial growth in the coming years, with a CAGR of 7.81% from 2024 to 2033, reaching a total market size of $1676.2 million USD in 2024. The ozone system refers to a device designed to produce the gas ozone. lt is a system that transforms oxygen from various sources, such as ambient air, dry air, and concentrated oxygen, into ozone. Ozone system is an air purification system, its main purpose is to purify and clean the air without the use of chemicals. It helps kill viruses and bacteria, as well as disinfect residential and commercial buildings and eliminate odors. In addition, it has the ability to remove pollutants from the air. Ozone system has the advantages of high safety, low power consumption and high air purification efficiency.
Figure Global Ozone System Market Size and Growth Rate (2024-2033)
2 Ozone System Market Growth Drivers and Limitations
The ozone system market is primarily driven by the growing demand for water and wastewater treatment, which is essential for public health, environmental sustainability, and access to clean water resources. This demand is exacerbated by rapid population growth, urbanization, and increased consumption of commodities, all of which put significant pressure on wastewater treatment facilities. Ozone, with its powerful disinfecting properties and high oxidation potential, can effectively eliminate a variety of pollutants, including bacteria, viruses, fungi, and organic matter, making it an attractive alternative to traditional chlorination methods that pose health and environmental risks. However, the market faces limitations due to the short half-life of ozone, which is an unstable gas that decomposes easily into oxygen, necessitating on-site generation for immediate use. This property restricts the feasibility of transporting and storing ozone over long distances and creates logistical challenges for industries requiring consistent and continuous water or air treatment. Additionally, the high costs associated with the initial investment, maintenance, and operation of ozone systems, as well as the need for specialized technical knowledge and the fluctuating prices of raw materials, contribute to the market’s limitations and affect its growth potential.
3 Ozone System Market M&A Activities
On May 24, 2023, Xylem Inc., a leading global water technology company, announced the completion of its acquisition of Evoqua Water Technologies, a provider of water and wastewater treatment solutions and services, in an all-stock transaction valued at approximately $7.5 billion。This significant transaction positions the combined entity as the world’s largest pure-play water technology company, with pro forma revenue of $7.3 billion and a global workforce exceeding 22,000 employees.
In another major development on March 23, 2023, Toshiba Corp accepted a buyout offer from a consortium led by Japan Industrial Partners, which valued the company at approximately $15 billion。This move marked a significant step in Toshiba’s multi-year turnaround effort, with the intention of taking the company private and delisting it from the Tokyo Stock Exchange.
4 Global Ozone System Market Analysis by Type
In 2024, the global ozone system market demonstrated a significant value and market share distribution across different types of ozone systems. The total market value for the ozone system reached USD 1676.2 million, with an expected growth in the subsequent years。 Specifically, the large ozone system (>20kg/h) held a market value of USD 453.9 million, securing a market share of about 27.08%. The middle ozone system (1kg/h – 20kg/h) accounted for the largest segment with a value of USD 962.7 million, accounting for a market share of approximately 57.43%, reflecting its significant role in the market. Lastly, the small ozone system (1kg/h) contributed to a market value of USD 259.6 million, securing a market share of about 15.49%, though smaller in comparison to the other segments, it still played a crucial part in the overall market landscape.
Table Global Ozone System Market Size and Share by Type in 2024
Type | Market Size in 2024 (M USD) | Market Share in 2024 (%) |
|---|---|---|
Large Ozone Ozone System (>20kg/h) | 453.9 | 27.08% |
Middle Ozone Ozone System (1kg/h – 20 kg/h) | 962.7 | 57.43% |
Small Ozone Ozone System (1kg/h) | 259.6 | 15.49% |
5 Global Ozone System Market Analysis by Application
In 2024, the global ozone system market demonstrated a significant distribution in value and market share across various applications. Water treatment emerged as the dominant application, capturing a market value of USD 937.0 million, which corresponds to a substantial 55.90% share of the total market. This highlights the critical role of ozone systems in water treatment processes, ensuring the safety and quality of drinking water by effectively eliminating pollutants and pathogens. Industrial applications followed with a market value of USD 171.2 million, holding a 10.21% share, indicating the importance of ozone systems in various industrial processes for oxidation and disinfection purposes. The food sector also showed a significant market value of USD 229.3 million, accounting for 13.68% of the market, reflecting the increasing demand for ozone systems in food processing to maintain hygiene and extend shelf life. The medical application, although smaller in comparison, contributed a market value of USD 44.3 million, representing 2.64% of the total market, underscoring the growing utilization of ozone systems in medical facilities for disinfection and sterilization. Lastly, other applications collectively contributed a market value of USD 294.5 million, holding a 17.57% share, which encompasses a variety of uses outside the primary sectors mentioned. These figures underscore the diverse and expanding applications of ozone systems across different industries, emphasizing their versatility and effectiveness in addressing various treatment and purification needs.
Table Global Ozone System Market Size and Share by Application in 2024
Application | Market Size in 2024 (M USD) | Market Share in 2024 (%) |
|---|---|---|
Water Treatment | 937.0 | 55.90% |
Industrial | 171.2 | 10.21% |
Food | 229.3 | 13.68% |
Medical | 44.3 | 2.64% |
Others | 294.5 | 17.57% |
6 Global Ozone System Market Analysis by Region
In 2024, the global ozone system market value and market share by region for North America, Europe, and China are as follows:
North America continued to dominate the global ozone system market, with a market value of USD 620.1 million and a market share of approximately 36.99%. This region’s significant share can be attributed to the increasing population and rising awareness about ozone generators, which are key factors driving the market growth.
Europe held a substantial market share in the global ozone system market, with a value of USD 501.5 million, accounting for about 29.92% of the total market. Europe’s market size was estimated at USD 587.46 million in 2024.
China’s ozone system market value reached USD 248.6 million in 2024, capturing a market share of around 14.83%. China plays a key role in the overall ozone system market and is estimated to attract more attention from industry insiders and investors.
Together, these three regions accounted for a significant portion of the global ozone system market, reflecting their importance in driving the demand for ozone systems and their applications in various industries.
Figure Global Ozone System Market Share by Region in 2024
7 Top 3 Companies of Global Ozone System Market
7.1 OZONIA (Suez)
Company Introduction and Business Overview:
Ozonia is the world’s leading supplier of UV and ozone disinfection systems for all municipal and industrial applications. With a long history of technical breakthroughs and extensive experience in both technologies, Ozonia has consistently developed new techniques with ozone, UV and advanced oxidation (AOP) to efficiently treat, disinfect and reuse our most precious natural resource.
Products Offered:
OZONIA, a subsidiary of Suez, is recognized as the world’s leading supplier of UV and ozone disinfection systems for municipal and industrial applications. Their product line, the Ozonia* L series, is cost-effective, compact, and connected, utilizing the latest technology from Ozonia’s innovation labs. The Ozonia* SmartO3* digital platform is equipped with advanced features designed to optimize system performance, enhance reliability, and ensure high availability. Furthermore, the second-generation IGS+ ozone generation technology from Ozonia* significantly reduces energy consumption for ozone production capacities up to 60 kg/h, making it a leader in large-scale ozone production.
Sales Revenue in 2024:
In 2024, OZONIA (Suez) achieved a market value of USD 404.9 million in the global ozone system industry, reflecting its significant position and contribution to the market.
7.2 Wedeco (Xylem)
Company Introduction and Business Overview:
Xylem Inc is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors.
Products Offered:
Xylem’s Wedeco brand offers a range of ozone systems designed for efficient ozone production, catering to a variety of applications such as water treatment, air purification, and industrial processes. Their ozone generators are capable of producing ozone from 0.6 to 22 lbs./day or 11 to 420 g/hr, featuring compact designs, intelligent electrode protection, and low installation and maintenance requirements. These systems are engineered for continuous operation, high concentration ozone generation, and are particularly suited for disinfection and oxidation in process water for industries, laboratories, and pilot plants. Standard applications also include drinking water, process water loops, recycling processes, rinsers, food and beverage industry, cooling water, fish farming, and swimming pools. The advantages of these systems include not only their efficiency and reliability but also their low investment and operating costs, making them a popular choice in the market.
Sales Revenue in 2024:
For the year 2024, Wedeco (Xylem) achieved a significant market value in the global ozone system industry, reaching USD 394.0 million. This substantial value underscores Wedeco’s prominent position and contribution to the market, reflecting the company’s ongoing growth and expansion in the field of ozone generation systems.
7.3 MKS
Company Introduction and Business Overview:
MKS provides advanced chemical processes, production equipment, and software solutions for the manufacturing of printed circuit boards, package substrates, and wafer manufacturing used in smartphones, computers, other consumer electronics, server and data centers, automotive electronics, medical, and industrial.
Products Offered:
MKS offers a comprehensive range of ozone generators and modular delivery systems that produce ultra-pure and reliable ozone gas. These systems are crucial in the clean semiconductor environment, where ozone reacts with various precursor gases to create metal oxides such as Al2O3, ZrO2, HfO2, and La2O3, enabling thin film deposition processes like Atomic Layer Deposition (ALD) and Etch (ALE). MKS’ generators utilize Grade 6 gas, which is instrumental in achieving higher film density, thereby improving product yield. Beyond semiconductors, the photovoltaic and display manufacturing industries also leverage these ozone systems to form enhanced thin film barriers, which are essential for improving product performance and reliability.
Sales Revenue in 2024:
MKS achieved a market value of USD 69.2 million in 2024, reflecting its performance and standing in the global ozone system industry.