Cold Plasma Market size to surpass around USD 5.7 billion by 2031 | Apyx Medical Corporation (US), Nordson Corporation (US), Adtec Plasma Technology Co. Ltd. (Japan)

New York, 2022-Jul-14 — /EPR Network/ — The global cold plasma market was valued at USD 1.9 billion in 2021 and it is projected to reach up to USD 5.7 billion by 2031, at a CAGR of 10.5% during the forecast period.

Global Cold Plasma Market report from Global Insight Services is the single authoritative source of intelligence on Cold Plasma Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Cold plasma, also referred to as non-equilibrium plasma or non-thermal plasma is a classification of plasma, and is considered the fourth state of matter. It has numerous applications in bioengineering, medicine, and therapeutics. Cold plasma is used for sterilization of biomedical surfaces, treatment of living biological tissues, and surface modification of biomedical devices and materials, owing to its antimicrobial & bactericidal properties.

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Market Trends and Drivers

The key factors such as the benefits of cold plasma technology are likely to boost the growth of the cold plasma market. Cold plasma technology has diverse applications in several industries. This processing method possesses many advantages, like low water and energy consumption, minimal fiber damage, reduced flammability, low chemical consumption, improved wettability, low cost, and a worker-friendly nature. Also, cold plasma technologies do not require onsite storage of supply chemicals or large volumes of processing water, either for implementation or in post-treatment rinsing. Their advantages, as compared to the currently used alternatives in application industries, have served to boost the adoption of cold plasma techniques. Similarly, the application of cold plasma in infection prevention and prolonging the life of PPE is also refueling the growth of the market. Cold plasma may be used in the prevention of infectious diseases and nosocomial infections as it kills highly stable multi-resistant microbes.

Market Segments

By Industry

  • Polymer & Plastic Industry
  • Textile Industry
  • Electronics & Semiconductor Industry
  • Food & Agriculture Industry

By Regime

  • Atmospheric Cold Plasma
  • Low-Pressure Cold Plasma

By Region

  • North America
    • The U.S.
    • Canada

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Key Players

  • Apyx Medical Corporation (US)
  • Nordson Corporation (US)
  • Adtec Plasma Technology Co. Ltd. (Japan)
  • P2i (UK), Relyon Plasma GmbH (Germany)
  • Henniker Plasma (UK)
  • Enercon Industries (US)
  • Acxys Plasma Technologies (France)

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