Cold Plasma Market is Forecasted to Reach US$ 3.1 billion in 2027, Says Stratview Research

The global cold plasma market is projected to witness a growth rate of 12.5% annually from 2022 to 2027, with an anticipated size of US$ 3.1 billion by 2027, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global cold plasma market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
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Report Highlights:
Market Size in 2027: US$ 3.1 billion
Growth (CAGR): 12.5% during 2022-2027
Forecast Period: 2022-2027
Trend Period: 2016-2020
Base Year: 2021
Number of Segments Covered: 4
Number of Tables & Graphs: 100+

Segment Insights on the Cold Plasma Market:
The global cold plasma market is segmented based on regime type, application type, end-use industry type, and region.
Based on regime type - The market is also segmented based on the regime type as low-pressure and atmospheric-pressure plasma. Both Low-pressure 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 the medical industry.

Based on the 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.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/204/cold-plasma-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

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 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 Drivers:

Some of the key drivers listed in the report are given below.
• Advances in the textile industry.
• Growing concerns about food safety.
• Continuous innovations in cold plasma technology.
• Rising demand for eco-friendly products.
• Increasing use of cold plasma in the food packaging industry.
• Introduction of stringent safety standards in various industries including food safety.
• Growing need for frozen food.
Top Companies in the Cold Plasma Market:
Stratview Research has identified the following companies as the top market players.
• 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.
Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Cold Plasma Market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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This release was published on openPR.