Cold Plasma Market Revenue Drivers, Growth Opportunities, Value Chain Analysis and Forecast Research Report, 2026
“The global Cold Plasma Market was appreciated at US$ 55.84 million during 2017 and is expected to touch US$ 198.50 million by 2026. It is estimated to witness a CAGR of 15.2% during the period of forecast.”
The global Cold Plasma Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development. Market Overview: The global Cold Plasma Market was appreciated at US$ 55.84 million during 2017 and is expected to touch US$ 198.50 million by 2026. It is estimated to witness a CAGR of 15.2% during the period of forecast. This could be credited to application in packaging, electronics & electrical, medical, food, and textile industry. The factor catalyzing the market is the need to decontaminate several food products like meat, fruits, and vegetables. In other words, cold plasma has the ability to kill microorganisms; that too, without deterring food items’ physiochemical properties. The other vertical driving the cold plasma market is the “textile industry”. This product is used to remove surface hairiness, resize cotton fabrics, and provide resistance against shrinkage to woolen fabrics. The other advantage provided by cold plasma is that it uses less water; thereby cutting down on the cost of water treatment. On the other hand, research is “ON” regarding its usage in treating bladder, breast, skin, and lung cancer. The anti-bacterial properties help in treating biological tissues and sterilizing biomedical surfaces. However, the cold plasma industry is likely to face restraint in the form of big capital. As such, small players need to think at least twice before going for cold plasma. On the whole, the market is segmented by regime, application, and geography. By regime, the market spans low pressure and atmospheric pressure. By application, the segmentation goes like surface treatment, wound healing, adhesion, cleaning & activation, coating, sterilization, and contamination.