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Aug, 21 2023

Evaluating the Technological Advancements and Innovations in Cold Plasma Technology

The Cold Plasma Market focuses on evaluating technological advancements and innovations in cold plasma technology. Technological advances in cold plasma systems, such as improved power sources, advanced control systems, and novel electrode designs, have enhanced the efficiency and effectiveness of cold plasma treatments. Innovations in atmospheric pressure and low-temperature plasma technologies have expanded the range of applications, including surface treatment, sterilization, and medical therapies.

According to Data Bridge Market Research, the Global Cold Plasma Market, which was USD 1.85 billion in 2022, is expected to reach USD 5.98 billion by 2030, growing at a CAGR of 15.77% during the forecast period of 2023 to 2030.

“Growing use of cold plasma technology in textile production facilitate market growth”

The growing use of cold plasma technology in textile production acts as a significant driver in the cold plasma market. Cold plasma offers numerous benefits in the textile industry, including improved dye absorption, enhanced fabric surface properties, and reduced energy consumption. It enables effective treatment of fabrics without damaging their structure, enhancing functionality, such as antimicrobial properties and stain resistance. The demand for sustainable and high-performance textiles is increasing, driving the adoption of cold plasma technology for surface modification and functionalization. As textile manufacturers recognize the advantages of cold plasma treatment, its use in the industry is expected to expand, contributing to the growth of the cold plasma market.

What restraints the growth of the global cold plasma market?

“Limited commercialization”

The limited commercialization of cold plasma technology acts as a significant restraint in the cold plasma market. Although cold plasma has shown promising potential in various applications, including healthcare, surface treatment, and food processing, its commercialization is still in its early stages. Challenges such as high implementation costs, complex manufacturing processes, and the need for specialized equipment hinder the widespread adoption of cold plasma technology. Additionally, regulatory barriers and the lack of standardized guidelines challenge market players. Overcoming these barriers and accelerating the commercialization of cold plasma technology are crucial to unlock its full potential and drive market growth.

Segmentation: Global Cold Plasma Market

The cold plasma market is segmented on the basis of industry, technology, application, and regime. 

  •  On the basis of industry, the cold plasma market is segmented into textile, electronics and semiconductors, polymers and plastic, agriculture, medical, food processing and packaging, aerospace, automotive, others.
  • On the basis of technology, the cold plasma market is segmented into remote treatment direct treatment, electrode contact.
  • On the basis of application, the cold plasma market is segmented into adhesion, sterilization and disinfection, etching, decontamination, surface treatment, coating, finishing, printing, wound healing and others.
  • On the basis of regime, the cold plasma market is segmented into atmospheric pressure, low pressure.

Regional Insights: North America dominates the Global Cold Plasma Market

North America is expected to dominate the market due to the growing technological advancements in infusion pumps system. The U.S. held the largest market share in North America due to high disease prevalence, high R&D expenditure, and robust healthcare system. Diabetes in the U.S. is also quite significant, which can be attributed to their lifestyle and stressed work environment.

In addition, the Asia-Pacific region is likely to register highest growth rate during the forecast period of 2022 to 2029 due to the increasing prevalence of health-related diseases such as diabetes, heart disease, obesity and chronic diseases.

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Recent Developments in Global Cold Plasma Market

  • In April 2020, Relyon plasma GmbH introduced the piezobrush PZ3, an atmospheric plasma system. Atmospheric plasma technology proves highly effective in surface activation and cleaning, enhancing adhesion characteristics and facilitating bonding and painting processes. The launch of this system adds to the market's growth potential by offering improved performance and efficiency in surface treatment applications.
  • In February 2020, Hennikar plasma partnered with Irida in Spain, strengthening its geographic presence in the region. This collaboration is expected to contribute significantly to the market's growth, as the combined expertise and expanded reach will enable the delivery of more efficient and effective plasma technology solutions to customers in Spain and beyond.

The Prominent Key Players Operating in the Global Cold Plasma Market Include:

  • Apyx Medical (U.S.)
  • Nordson Corporation (U.S.)
  • Adtec RF. (Japan)
  • P2i Ltd. (U.K.)
  • Henniker (U.K.)
  • Enercon Industries Corporation (U.S.)
  • AcXys Technologies (France)
  • Plasmatreat GmbH (Germany)
  • Tantec (Denmark)
  • Europlasma (Belgium)
  • Thierry Corp. (U.S.)
  • Surfx Technologies, LLC (U.S.)
  • SOFTAL Corona & Plasma GmbH (Germany)
  • CPI (France)
  • Ferrarini & Benelli Srl (Italy)
  • neoplas med GmbH (Germany)
  • terraplasma GmbH (Germany)
  • Molecular Plasma Group (Luxembourg)
  • CINOGY (Germany)

Above are the key players covered in the report, to know about more and exhaustive list of global cold plasma market companies contact,

Research Methodology: Global Cold Plasma Market

Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.

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