Chemicals Industry Today
Cold Plasma Market projected to reach US$ 3,164.5 million in the forecast period (2019-2024)
The report on the Cold Plasma Market has been launched by Stratview Research that talks about the market structure and growth in the forecast period of 2019-2024. The report also offer insights into different market segments and other factors affecting the market.
Published 10 September 2019
Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Cold Plasma Market is expected to inflate at impressive CAGR by the forecast period (2019-2024).
Request The Table of Contents through here:
https://www.stratviewresearch.com/toc/204/cold-plasma-market.html
Highlights of the Report:
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. Continuous innovations in cold plasma technology, rising demand for eco-friendly products, increasing use of cold plasma in food packaging industry, the introduction of stringent safety standards in various industries including food safety, and growing needs for frozen food are some of the growth drivers of the cold plasma market.
Get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/204/cold-plasma-market.html
Market Segments:
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.
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.
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.
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.
Market 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. ADTEC Plasma Technology Co. Ltd., Enercon Industries Corporation, Europlasma NV, Henniker Plasma Treatment, Neoplas Tools GmbH, Nordson Corporation, P2i Limited, Plasmatreat GmbH, and Tantec A/S are major players in the market. 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.
Features of the Report
Here are the key features of the report:
Know more about us and our reports:
Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. The team makes sure to have a deep research about the topics so that the most useful insights can be delivered to the professionals.
For inquiries, Contact:
Ritesh Gandecha
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
Request The Table of Contents through here:
https://www.stratviewresearch.com/toc/204/cold-plasma-market.html
Highlights of the Report:
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. Continuous innovations in cold plasma technology, rising demand for eco-friendly products, increasing use of cold plasma in food packaging industry, the introduction of stringent safety standards in various industries including food safety, and growing needs for frozen food are some of the growth drivers of the cold plasma market.
Get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/204/cold-plasma-market.html
Market Segments:
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.
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.
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.
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.
Market 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. ADTEC Plasma Technology Co. Ltd., Enercon Industries Corporation, Europlasma NV, Henniker Plasma Treatment, Neoplas Tools GmbH, Nordson Corporation, P2i Limited, Plasmatreat GmbH, and Tantec A/S are major players in the market. 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.
Features of the Report
Here are the key features of the report:
- Strategic Segmentation
- Competitive Analysis
- Strategic Growth Opportunities
- Swot Analysis
- Key Players
- Forecast Analysis & Future Growth
Know more about us and our reports:
Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. The team makes sure to have a deep research about the topics so that the most useful insights can be delivered to the professionals.
For inquiries, Contact:
Ritesh Gandecha
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
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