The demand for clean drinking water has been on rise due to burgeoning population across the globe. Ozone is regarded as one of the most effective oxidants found in the market today. It finds utilization in water treatment due to its excellent ability to disinfect. As such, several government bodies are augmenting use of ozone technology in the treatment of drinking water. This factor is estimated to foster growth of the global ozone technology market in the years to come.
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Ozone technology is regarded as an emerging industry with several applications in different fields, including air purification and water disinfection. Increased use of this technology across several applications is expected to encourage growth of the global ozone technology market in the near future.
High Demand for Use in Water Treatment Processes to Foster Development of the Market
Rise in urbanization activities and expansion of industrialization has led to the augmented pollution of water. On the other hand, there has been a rise in increased awareness about health and benefits of consuming clean water. As such, there has been a rise in the demand for disinfection of water. Rising demand for disinfection of water is anticipated to foster growth of the global ozone technology market in the forthcoming years. Traditional water purification process with chlorine is being increasingly replaced with advanced technologies, such as ozone technology and UV technology. Ozone technology is increasingly being utilized in the treatment of public swimming pools, wastewater equipment, spa, and many others.
In addition to that, ozone technology finds increasing use in the treatment of certain deadly diseases, such as AIDS and cancer. This factor is likely to drive the demand for ozone technology in the years to come. Relative high consumption of power and the installation is cost-intensive, which is likely to impede growth of the global ozone technology market in the years to come.
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