Abstract The reaction between olefins and ozone to form aldehydes, ketones, carboxylic acids, etc., is known as the Criegee ozonolysis. This reaction occurs in three steps: formation of primary ozonides, splitting of primary ozonides, and formation of secondary ozonides. The study finds that the electron‐donating groups accelerate the reaction, and the electron‐withdrawing groups decrease the reaction rate. This reaction has application for structure determination as well as synthetic purposes and it is found that the ozonolysis of olefins is one of the major methods of forming aerosol.