The global cold plasma market was valued at US$ 1,286.4 million in 2016 and is projected to witness an impressive double digit CAGR (Compound annual growth rate) of 12.2% over the next five years to reach US$ 2,536.4 million in 2022
Continuous innovations in cold plasma technology, rising demand for eco-friendly products, increasing use of cold plasma in food packaging industry, introduction of stringent safety standards in various industries including food safety, and growing needs for frozen food are some of the growth drivers of the cold plasma market.
Global cold plasma market is segmented based on end-use industry type as electrical & electronics, polymers & plastics, medical, textiles, food, and others. Electrical & electronic industry is forecasted to remain the largest segment of cold plasma over the next five years, driven by increasing preference of cold plasma in the semiconductors. The food industry is projected to witness the highest growth during the same period, driven by increased safety standards with higher demand for non-hazardous plasmas.
Global cold plasma market is segmented based on application type as coating, cleaning & activation, finishing, wound healing, adhesion, decontamination, sterilization, and others. Cleaning & activation is projected to remain the largest application of cold plasma during the forecast period, propelled by an increasing penetration in the electrical & electronic and polymer & plastics industries.
Global cold plasma market is segmented based on regime type as low pressure and atmospheric pressure. Both low and atmospheric pressure cold plasmas are projected to grow at impressive rates over the next five years. Low-pressure cold plasma is mainly used in the manufacturing of semiconductors whereas atmospheric cold plasma is used in a wide variety of applications from textile to the medical industry.
Key Topics Covered:
1. Executive Summary
2. Global Cold Plasma Market: Overview and Market Forces
3. Global Cold Plasma Market - By Regime Type
4. Global Cold Plasma Market - By Application Type
5. Global Cold Plasma Market - By End-Use Industry Type
6. Global Cold Plasma Market - By Region
7. Competitive Analysis
8. Strategic Growth Opportunities
9. Company Profile of Key Players
- ADTEC Plasma Technology Co. Ltd.
- Enercon Industries Corporation
- Europlasma NV
- Henniker Plasma
- Neoplas Tools GmbH
- Nordson Corporation
- P2i Limited
- Plasmatreat GmbH
- Tantec A/S
- Vetaphone A/S
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