Cold plasma technology has immense potential across a broad range of application areas, including plastic & polymer, textiles, electronics, food & agriculture, and medicine. Compared to its alternatives, it boasts several unique benefits, including an environment-friendly nature. In the current regulatory climate—where the focus on sustainable techniques has risen—it is expected that the benefits of cold plasma will ensure its greater adoption in the years to come. Innovations in textile production and growing food safety concerns will also drive the demand for cold plasma technology. However, the need for high capital investments and the limited commercialization of cold plasma technologies are expected to slow market growth to a certain extent.
Request for Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=187065928
[255 Pages Report] The global cold plasma market 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.
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).
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.
View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/cold-plasma-market-187065928.html
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 Players:
Major players operating in the cold plasma market are Nordson Corporation (U.S.), Bovie Medical Corporation (U.S.), ADTEC Plasma Technology Co. Ltd. (Japan), Plasmatreat GmbH (Germany), Enercon Industries Corporation (U.S.), Neoplas Tools GmbH (Germany), Tantec A/S (Denmark), Europlasma NV (Belgium), Henniker Plasma (U.K.), and P2i Limited (U.K.).
Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=187065928
