Study Says Ozone Technology Sales to Exceed $800 Million by 2015

A BCC Research technology market research report indicates that total worldwide sales revenues for ozone technology were $469 million in 2007, and are expected to increase to more than $800 Million in 2015, a compound annual growth rate (CAGR) of 8.1%. The largest ozone technology segments in 2009 were water/wastewater applications. These will increase from $356 million in 2007 to nearly $600 million in 2015, a compound annual growth rate (CAGR) of 8.4%. Sales of ozone technology in Air and gas treatment, medicine will experience moderate growth. This market segment was worth $113 million in 2007 and will increase at a 6.9% compound annual growth rate (CAGR) to reach a value of $183 million in 2015.