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The Cold Plasma Market is primarily driven by the unique benefits of cold plasma techniques, demand for innovative production techniques within the textile industry and other end-use industries, and soaring concerns of safety and decontamination for processed foods.
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Cold plasma technology has immense potential across a broad range of application areas, including plastic & polymer, textiles, electronics, food & agriculture, and medicine. Compared to its alternatives, it boasts several unique benefits, including an environment-friendly nature.
Industry Overview
The global cold plasma market size is projected to reach USD 3.3 billion by 2026 from USD 1.6 billion in 2021, at a CAGR of 15.0% during the forecast period. The increasing prevalence of food-borne diseases, increasing use of cold plasma in wound healing and cancer treatment, innovation in textile production, and the benefits of cold plasma in all industrial areas are the major factors driving the growth of this market.
Market Segmentation
Cold Plasma Market by Industry (Textile, Electronics & Semiconductors, Polymers & Plastic, Food & Agriculture, Medical, Others), Application (Adhesion, Printing, Wound Healing), Regime (Atmospheric, Low Pressure) - Global Forecast to 2026. Cold plasma technology has immense potential across a broad range of application areas, including plastic & polymer, textiles, electronics, food & agriculture, and medicine.
Players in the global cold plasma industry such as 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), Plasmatreat (Germany), Tantec A/S (Denmark), Europlasma (Belgium), Thierry Corporation (Germany), Surfx Technologies, LLC (US), SOFTAL Corona & Plasma (Germany), Coating Plasma Innovation (France), Ferrarini & Benelli (Italy), Neoplas GmbH (Germany), terraplasma GmbH (Germany), Molecular Plasma Group (Germany), CINOGY GmbH (Germany), and US Medical Innovations (US)
Nordson Corporation held the leading position in the cold plasma market. The company has a highly diversified product portfolio, which includes a wide range of cold plasma products. Nordson’s position in the market can be attributed to its active R&D activities and wide global distribution footprint.
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This study involved the extensive use of both primary and secondary sources. The research process involved the study of various factors affecting the industry to identify the segmentation types, industry trends, key players, competitive landscape, key market dynamics, and key player strategies.