Cold Plasma Market Analysis

Industry (Polymer & Plastic, Textile, Electronics & Semiconductors, Food & Agriculture, Medical)

The global cold plasma market is segmented and analyzed for demand and supply by industry into polymer & plastic industry, textile industry, electronics & semiconductors industry, food industry & agriculture, and medical industry. Out of which, polymer & plastic industry segment is anticipated to garner the highest revenue by the end of 2037. The growth of the segment can be attributed to growing production of polymers & plastics. An about 3 percent rise annually was projected for 2021 to bring the total production of plastics to about 389 million metric tons across the globe. Hence, the demand for cold plasma is growing in this industry. Cold plasma treatment is a unique process that alters the surface of the polymer, allowing for the development of packaging materials with specified properties. Further, owing to its characteristics influenced by cold plasma this polymer & plastics are extensively preferred in medical sector. Syringes, catheters, and surgical gloves are just a few of the low-cost, disposable tools and equipment that are made possible by polymers.

Regime (Atmospheric Cold Plasma, Low-Pressure Cold Plasma)

The global cold plasma market is also segmented and analyzed for demand and supply by regime into atmospheric cold plasma, and low-pressure cold plasma. Amongst which, the atmospheric cold plasma segment is anticipated to have a significant growth over the forecast period. A promising technique called cold atmospheric plasma (CAP) has great potential for usage in a variety of fields, including biotechnology, biomedicine, textiles, and food processing. Plasma technology's ingenious design has the ability to revolutionize these sectors in every manner. Technically, this CAP technology is a green process since it produces no chemicals that are hazardous to the environment or the economy. Moreover, growing prevalence of chronic wound is also estimated to boost the growth of this segment. Given its simplicity of use and non-invasiveness, this approach has been praised and encouraged for use in a variety of therapeutic regimes, including those for cancer, ulceration, and wound healing. Hence, this factor is estimated to boost the growth of the segment further boosting the market growth.

Our in-depth analysis of the global cold plasma market includes the following segments: