DUBLIN--(BUSINESS WIRE)--The "Cold Plasma Market by Industry (Textile, Electronics & Semiconductors, Polymer & Plastic, Food & Agriculture, Medical, Others), Application (Adhesion, Etching, Wound Healing), Regime (Atmospheric, Low pressure), COVID-19 Impact - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global cold plasma market is projected to reach USD 3.39 billion by 2025 from USD 1.61 billion in 2020, at a CAGR of 16.0% during the forecast period.
The growth in this market is primarily attributed to the benefits of cold plasma, such as its environment-friendliness, innovations in textile production, growing food safety concerns, innovations in cold plasma technology, and the increasing use of cold plasma in meat and poultry packaging decontamination.
By polymer & plastic industry, the surface treatment segment accounted for the largest market share of the market
Within the polymer & plastic industry, the cold plasma market has been segmented into surface treatment, printability, adhesion, and other applications. The surface treatment segment accounted for the largest share of the cold plasma industry in 2019. Advantages of cold plasma treatment, such as enabling surfaces to be contamination-free from dirt, grease, oils, and fluorine, which allows for better wetting, initial adhesion, and long-term stability drive the growth of this segment.
Atmospheric cold plasma for the polymer & plastic industry is expected to grow at the highest CAGR during the forecast period
Based on the regime for the polymer & plastic industry, the cold plasma market has been segmented into atmospheric cold plasma and low-pressure cold plasma. The atmospheric cold plasma segment is expected to witness the highest CAGR owing to the profitable, fast, and environment-friendly option.
APAC is projected to witness the highest growth during the forecast period.
Europe is expected to account for the largest share of the global cold plasma market in 2019. On the other hand, the APAC region is expected to witness the highest CAGR during the forecast period due to rising manufacturing activities in Asian countries (particularly electronics, textiles, and polymers) and the increasing demand for decontaminated frozen food.
Market Dynamics
Drivers
- Benefits of Cold Plasma Technology
- Food Safety Concerns
- Innovations in Textile Production
Restraints
- High Capital Investment
Opportunities
- Growing Application of Cold Plasma in the Medical Industry
- Developing Nations
- Applications of Cold Plasma in Infection Prevention and Prolonging the Life of PPE
Challenges
- Limited Commercialization of Cold Plasma
Companies Profiled
- Nordson Corporation
- Adtec Plasma Technology Co. Ltd.
- Plasmatreat GmbH
- Apyx Medical Corporation
- P2I Limited
- Relyon Plasma GmbH
- Henniker Plasma
- Enercon Industries Corporation
- Acxys Plasma Technologies
- Tantec A/S
- Europlasma Nv
- Thierry Corporation
- Surfx Technologies, LLC
- Softal Corona & Plasma GmbH
- Coating Plasma Innovation
- Ferrarini & Benelli Srl
- Neoplas GmbH
- Terraplasma GmbH
- Molecular Plasma Group
- Cinogy Technologies GmbH
For more information about this report visit https://www.researchandmarkets.com/r/wdwaan
