Global Cold Plasma Market, By Industry (Textile, Electronics & Semiconductors, Polymers & Plastic, Agriculture, Medical, Food Processing and Packaging, Aerospace, Automotive, Others), Technology (Remote Treatment Direct Treatment, Electrode Contact), Application (Adhesion, Sterilization and Disinfection, Etching, Decontamination, Surface Treatment, Coating, Finishing, Printing, Wound Healing and Others), Regime (Atmospheric Pressure, Low Pressure) - Industry Trends and Forecast to 2023 to 2030.
Cold Plasma Market Analysis and Size
The essential factors contributing to the growth of the cold plasma market in the forecast period of 2023-2030 include the various advantages of cold plasma technology. The growing concerns regarding the food safety, the new innovations in the textile production are further propelling the growth of the cold plasma market. Cold plasma has various applications, it is used for the treatment of teeth and skin diseases and to sterilize medical devices. It is used for surface modifications in material sciences, and it is used in the packaging process in food industry. In addition, the rise in the capital investment, and significant rise in disposable income is boosting the market’s growth in the forecast period of 2023 to 2030.
Data Bridge Market Research analyses that the 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. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Cold Plasma Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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By Industry (Textile, Electronics & Semiconductors, Polymers & Plastic, Agriculture, Medical, Food Processing and Packaging, Aerospace, Automotive, Others), Technology (Remote Treatment Direct Treatment, Electrode Contact), Application (Adhesion, Sterilization and Disinfection, Etching, Decontamination, Surface Treatment, Coating, Finishing, Printing, Wound Healing and Others), Regime (Atmospheric Pressure, Low Pressure)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Apyx Medical (U.S.), Nordson Corporation (U.S.), Adtec RF. (Japan), P2i Ltd. (U.K.), RELYON PLASMA GMBH (Germany), 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).
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Market Opportunities
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Market Definition
Cold plasma is formed by electric discharge and it is an ionized gas at room. The treatments of cold plasma is a contact-free and pain free process used to sterilize wounds and help wound healing. The expenses of cold plasma technology are lesser than the standard antimicrobial wound treatment. The diverse applications of cold plasma, low heat capacity of cold plasma, and the cost efficiency of its production have significantly helped in the prevailing growth of the market. Furthermore, the applications of cold plasma in preventing infection and extending the life of PPE will further provide major opportunities for the growth of the cold plasma market in the forecast period of 2023 to 2030.
Global Cold Plasma Market Dynamics
Drivers
- Benefits of cold plasma technology
Cold plasma technology has various applications in major industries. Cold plasma technology possesses a number of advantages, such as low water and energy consumption, low chemical consumption, minimal fiber damage, reduced flammability, improved wettability, low cost, and a worker-friendly nature. Along with this implementation or in post-treatment rinsing, cold plasma technologies do not require storage of chemicals. The benefits of the technology, as compared to the current alternatives in application industries, majorly contributed in the adoption of cold plasma technology. Thus, the rising number of uses of cold plasma technology owing to its benefits is a major growth driving factor.
- Growing use in textile production
UV protection, flame retardancy, and antibacterial characteristics are there in technical textiles, also known as protective textiles. These properties are often transmitted by plasma surface treatment, which offers durable finish. Without compromising their surface properties many items are altered and suitable for protective fabrics, by plasma treatment, due to cold plasma’s ecologically benign nature. Thus, plasma treatment is an essential technology for creating and improving textile production. Therefore, the growing use of cold plasma technology is boosting the market’s growth.
Opportunities
- Application of cold plasma in infection prevention
Cold plasma can be used in the prevention of various infectious diseases and nosocomial infections and kills highly stable, multi-resistant microbes. Treatment of cloth with cold plasma or ozone-generating plasma increases the use of clothing. It can also help in the hydrophilization process for making gloves, PPE kits, and masks to prevent diseases. Thus, the use of cold plasma technology in application of cold plasma for preventing diseases and infections have boosted the market’s growth.
- Increasing use for food preservation
Cold plasma technology is majorly used as an alternative for traditional food preservation methods such as canning and irradiation. The cold plasma treatments are used to extend shelf life of food materials, reduce spoilage of food, and reduce the risk of foodborne pathogens. Cold plasma technology in food preservation uses flexible sanitizing method, uses electricity along with a carrier gas, such as air, oxygen, nitrogen. The primary modes of action in the process of food preservation are due to UV light and cold plasma ionization process. Thus, the increasing use of plasma is further creating major opportunities for the market’s growth.
Restraints/Challenges
- Limited commercialization of cold plasma
Currently, only a small number of players are operating in the cold plasma market and due to this cold plasma technology has limited commercialization in the last decade. The successful applications of cold plasma are limited to only some sectors. Globally cold plasma technology is not available easily due to the low number of production units. The lack of awareness of cold plasma technology inhibits the greater adoption of cold plasma technology. Therefore, due several limitations there is limited commercialization of cold plasma, restraining the market’s growth.
- High capital investment
The companies always look after certain factors before investing such as they analyses the benefits of a technology according to their investment and the time accounted to recover that cost, in relevance to their budget. The equipment used in various applications of cold plasma technology such as coating technologies, vacuum equipment, is very costly and requires specific operating conditions which include low temperatures and controlled vacuum conditions, for operation and thus, they are capital-intensive. Therefore, high capital investment and expensive equipment’s are the major challenges for the market’s growth.
This cold plasma market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cold plasma market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In April 2020, Relyon plasma GmbH launched atmospheric plasma system, piezobrush PZ3. Atmospheric plasma is very effective for activating and cleaning the surface of a material, further it increases the adhesion characteristics and makes it easier to bond and paint.
- In February 2020, Hennikar plasma signed a partnership with Irida (Spain), this helped the company to strengthen its geographic presence in spain. This will further contribute in the market’s growth as the technology will be more efficient.
Global Cold Plasma Market Scope
The cold plasma market is segmented on the basis of industry, technology, application, and regime. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Industry
- Textile
- Electronics & Semiconductors
- Polymers & Plastic
- Agriculture
- Automotive
- Food Processing and Packaging
- Medical
- Aerospace
- Others
Technology
- Remote Treatment
- Direct Treatment,
- Electrode Contact
Application
- Adhesion
- Sterilization and Disinfection
- Etching
- Decontamination
- Surface Treatment
- Coating
- Finishing
- Printing
- Wound Healing
- Others
Regime
- Atmospheric Pressure
- Low Pressure
Global Cold Plasma Market Regional Analysis/Insights
The cold plasma market is analysed and market size insights and trends are provided, industry, technology, application, regime as referenced above.
The countries covered in the cold plasma market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the cold plasma market during the forecast period of 2023 to 2030, due to the presence of major key players in the region. North America accounts large scale use of cold plasma technology in the healthcare sector, textile sector, food processing sectors and others. In addition the growing use of technologically advanced products will contribute in market’s growth of the cold plasma.
Asia-Pacific is expected to grow in the forecast period of 2023 to 2030 due to the constant change of electronic and electrical manufacturing. Furthermore, the increase in the demand for decontaminated frozen food and the increasing facilities of textiles is further propelling the growth of the cold plasma market in the Asia Pacific.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Cold Plasma Market Share Analysis
The cold plasma market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cold plasma market.
Some of the major players operating in the cold plasma market are.
- Apyx Medical (U.S.)
- Nordson Corporation (U.S.)
- Adtec RF. (Japan)
- P2i Ltd. (U.K.)
- RELYON PLASMA GMBH (Germany)
- 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)
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