Cold Plasma Market Will Hit $3.3 Billion by 2026 | CAGR: 15.0%

 

According to the new market research report “Cold Plasma Market by Industry (Textile, Electronics & Semiconductors, Polymers & Plastic, Food & Agriculture, Medical, Others), Application (Adhesion, Printing, Wound Healing), Regime (Atmospheric, Low Pressure), COVID-19 Impact - Global Forecast to 2026"The global cold plasma market size is projected to reach USD 3.3 billion by 2026 from USD 1.6 billion in 2021, at a CAGR of 15.0% during the forecast period.″, published by MarketsandMarkets™, analyzes and studies the major market drivers, restraints/challenges, and opportunities.

The increased use of cold plasma technology across various industries is expected to propel cold plasma market growth. Cold plasma technology is becoming more popular in medical and industrial applications such as healthcare devices and diagnostics.

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In this report, the global market is segmented on the basis of Industrial application, regime, and region. On the basis of application, the textile industry market is further segmented into finishing, dyeing/printing, sterilization and others, the medical industry is further segmented into wound healing, cancer treatment, dentistry, blood coagulation and others, polymer & Plastic industry segment is further segmented into surface treatment, printing, adhesion and others, electronics & semiconductors industry is segmented into coating, fabrication, etching, and others and food & agriculture industry is segmented into food surface decontamination, packaging decontamination, seed germination and wastewater treatment. On the basis of regime, the market is segmented into atmospheric cold plasma and low pressure cold plasma. The market, by region, covers North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

The global cold plasma market size is projected to reach USD 3.3 billion by 2026 from USD 1.6 billion in 2021, at a CAGR of 15.0% during the forecast period.″, published by MarketsandMarkets™, analyzes and studies the major market drivers, restraints/challenges, and opportunities.

By polymer & plastic industry, the surface treatment segment is to dominate the cold plasma industry share in 2020

Based on industry, the cold plasma industry has been segmented into the polymer & plastic industry, textile industry, electronics & semiconductors industry, food & agriculture, and medical industry. Within the polymer & plastic industry, the surface treatment segment accounted for the largest share in 2020. The large share of this segment can be attributed to the cost-effective and environmental-friendly cold plasma as compared to conventional treatments for surface treatment.

Browse and in-depth TOC on “Cold Plasma Market ”

92 – Tables

28 – Figures

135 – Pages

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By Regime, the atmospheric cold plasma segment is expected to grow at the highest CAGR during the forecast period (2021-2026)

Based on the regime, the cold plasma market has been segmented into atmospheric cold plasma and low-pressure cold plasma. The atmospheric cold plasma segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is attributed to advantages offered by the atmospheric cold plasma, such as the easier handling of samples and scalability for in-line processing and integration into existing production lines.

The APAC cold plasma market is expected to grow at the highest CAGR during the forecast period

The market in the APAC is expected to grow at the highest CAGR during the forecast period. The Asia Pacific region witnessed the highest growth, which is driven by the continuous shift of electronic manufacturing to Asian countries, increasing demand for decontaminated frozen food, growing manufacturing facilities of textiles, and the rising production of polymers.

Key Market Players

The prominent players in the global market are Apyx Medical Corporation (US), Nordson Corporation (US), Adtec Plasma Technology Co. Ltd (Japan), P2i (UK), Relyon Plasma GmbH (Germany), Henniker Plasma (UK), Enercon Industries (US), AcXys Plasma Technologies (France), Plasmatreat (Germany), Tantec A/S (Denmark), Europlasma (Belgium), Thierry Corporation (Germany), Surfx Technologies, LLC (US), SOFTAL Corona & Plasma (Germany), Coating Plasma Innovation (France), Ferrarini & Benelli (Italy), Neoplas GmbH (Germany), terraplasma GmbH (Germany), Molecular Plasma Group (Germany), CINOGY GmbH (Germany), Advanced Plasma Solutions (US), UNIQAIR Technologies (US), PlasmaLeap Technologies (Australia), US Medical Innovations (US), and COMET Plasma Control Technologies (US).

Objectives of the Study

·         To define, describe, and forecast the global cold plasma market by industry, regime, and region

·         To provide detailed information about the factors influencing market growth (such as drivers, opportunities, restraints, and challenges)

·         To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall cold plasma market

·         To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

·         To forecast the size of the cold plasma market in five main regions (along with major countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa

·         To profile key players in the global cold plasma market and comprehensively analyze their core competencies and market shares

·         To track and analyze competitive developments such as mergers and acquisitions; new product/technology launches; expansions; collaborations and agreements; and R&D activities of the leading players in the global cold plasma market

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