Title: Worldwide Cold Plasma Market forecasts on regional growth, industry players and more
1Cold Plasma Market Price, Trends, Industry
Outlook Forecast 2017-2024
2Global Market Scenario of Cold Plasma Industry
- Cold Plasma Market size shall witness a healthy
growth in forecast period with application in
textile, food, medical, electrical electronics
and packaging industry. Need for decontamination
in various food products such as vegetables,
fruits and meats are driving the product
consumption. Its ability to kill microorganisms
without altering physiochemical property of food
items is increasing its popularity. - It is used for microbial free packaging of
materials and is employed for meat and poultry
packaging. - The process utilizes less water that reduces
waste water treatment cost. Undergoing medical
research for its use in treatment of lung,
bladder, skin and breast cancer has offered it
wide opportunities. - Usage in packaging, and medical applications is
expected to further boost cold plasma market
during the forecast period.
3 Continue
- Major restraint of cold plasma market is
requirement of huge capital. Further, its
treatment fragments the complex molecular
structure and prediction of exact structural
characteristics becomes difficult. - Reasons to Buy This Report
- 1. Cold Plasma Market size share
forecast by product application, 2017-2024 - 2. Growth drivers, pitfalls industry
challenges - 3. Key Cold Plasma Market growth
opportunities emerging business models - 4. Competitive benchmarking with market
share analysis and company profiles - These applications are pertaining to various end
use industries such as textile, medical, food,
packaging and electrical electronics. Cleaning
activation has major share with its utilization
in polymer, plastics, electrical electronics
segment. Decontamination has significant share
owing to its usage in packaged foods. - The initial investments are quite high due to
expensive equipments and vacuum pumps that make
it difficult for survival of small players.
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Research Methodology
5Regional Insights
- Europe contributes significantly in global cold
plasma market with presence of major global and
regional biotechnology companies. Producers are
expanding their production capacities to cater
the needs of various industries. - North America, led by the U.S. has substantial
share with application in medical healthcare
segment. Additionally, its share has enlarged
with increasing packaged food market. - Asia pacific has become a considerable region in
cold plasma market owing to its use in textile
industry. Textile industry has flourished at a
CAGR above 7.5 in the region that has augmented
its consumption. Further with booming electronics
and electrical segment in countries such as China
Japan has spurred product usage.
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6Competitive Insights
- Cold plasma market is quite fragmented with
prominent players such as - Bovie Medical Corporation, ADTEC Technology
Company, Nordson Corporation, Ecotech Group,
Henniker Plasma, Europlasma, Plasmatreat, Tantec,
Wacker Chemie, P2i and Enercon Industries.
Manufacturers are spending on their research and
development facility to cater various product
applications. For instance, Bovie Medical
Corporation has acquired 510k clearance for
J-Plasma precise flex hand piece for surgical
purposes.
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