Ozone Generation Market Reach $1,486 Million by 2023
The global ozone generation market was valued at $880 million in 2016 and is expected to reach $1,486 million by 2023, registering a CAGR of 7.4% from 2017 to 2023. Ozone helps in the treatment of industrial and pharmaceutical effluents and bleach pulp & paper. Industrial and pharmaceutical discharges containing small quantities of organic compounds, industrial solvents, pharmacological compounds, or endocrine disrupting compounds (EDC) are rendered by ozone treatment, resulting in long-term environmental and health recovery.
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