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    Cold Plasma Market Report

    Cold Plasma Market Report
    Report code - SRAM140 Published On : May,2019 No. of Pages: 255
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    Cold Plasma Market Size, Share, Trend, Forecast, & Competitive Analysis: 2019-2024
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    Impact of COVID-19 on Cold Plasma Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Cold Plasma Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The global cold plasma market is projected to witness an impressive double-digit CAGR over the next five years to reach US$ 3,164.5 million in 2024. 

    Cold-Plasma-Market-Forecast

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    Following are some of the market drivers-

    • 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
    • Growing needs for frozen food

    Segments' Analysis

    Cold Plasma Market Share by End-Use Industry Type

    The market is segmented based on the end-use industry type as electrical & electronics, polymers & plastics, medical, textiles, food, and others. The electrical & electronics industry is forecasted to remain the largest segment of the market over the next five years, driven by an increasing preference for cold plasma in the semiconductors. The food industry is projected to witness the highest growth in the same period, driven by increased safety standards with a higher demand for non-hazardous plasmas.

    Cold Plasma Market Share by Application Type

    The market is also segmented based on the application type as coating, cleaning & activation, finishing, wound healing, adhesion, decontamination, sterilization, and others. The cleaning & activation segment 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. The coating also occupied a healthy share of the market in 2018, driven by North America and Asia-Pacific regions. Decontamination currently holds a diminutive share of the market but is expected to witness the highest growth during the forecast period, driven by the food industry.

    Cold Plasma Market Share by Regime Type

    The market is also segmented based on the regime type as low-pressure and atmospheric-pressure plasma. 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 the textile to medical industry.

    Regional Insights

    In terms of region, Europe is projected to remain the largest market during the forecast period, driven by the presence of several cold plasma suppliers and high research & development activities in the major European markets, such as Germany, France, and the UK. Asia-Pacific, which is currently the third-largest market after Europe and North America, is projected to witness the highest growth in the same period. China, India, Japan, and South Korea will act as the growth engines of the Asia-Pacific’s market, driven by a continuous shift of electronic manufacturing to the Asian countries, an increasing demand for decontaminated frozen food, growing manufacturing facilities of textiles, and increasing production of polymers.

    Cold-Plasma-Market-by-Region

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    Market Scope & Segmentation

     Research Scope

     Trend & Forecast Period

     2013-2024

     Regions Covered

     North America, Europe, Asia-Pacific, Rest of the   World

     Size in 2024

     US$ 3,164.5 million

     Countries/Sub-regions Covered

     The USA, Canada, Mexico, Germany, the UK,   Russia, China, Japan, India, Latin America, the   Middle East and others

     Figures & Tables

     >150

     Customization

     Up to 10% customization available free of cost

                                                                                       

    The Cold Plasma Market is segmented in the following ways:

    Cold Plasma Market Size, Share & Forecast by Regime Type:

    • Low-Pressure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Atmospheric Pressure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Cold Plasma Market Size, Share & Forecast by End-Use Industry Type:

    • Electrical & Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Food (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Medical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Textiles (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polymers & Plastics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Cold Plasma Market Size, Share & Forecast by Application Type:

    • Cleaning & Activation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Coating (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Decontamination (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Wound healing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Adhesion (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Finishing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Sterilization (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Cold Plasma Market Size, Share & Forecast by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the world (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Key Players

    The market is highly fragmented with the presence of a few global players and several small regional players. Most of the small players have capabilities limited to a few applications in a few end-use industries.

    Some of the major players in the market are-

    • ADTEC Plasma Technology Co. Ltd.
    • Enercon Industries Corporation
    • Europlasma NV
    • Henniker Plasma Treatment
    • Neoplas Tools GmbH
    • Nordson Corporation
    • P2i Limited
    • Plasmatreat GmbH
    • Tantec A/S.

    Development of new applications, innovations in new technology, and collaboration with customers are some of the key strategies adopted by major companies to gain a competitive edge over others.