Cold plasma market accounted for over US$ 1.3 billion in 2019. It is anticipated to grow at a CAGR of 13.2% from 2020 to 2030.
The significant market growth can be attributed to the increasing application scope and the use of cold plasma in the textile industry. Moreover, the increasing demand for processed &packed food globally, growing applications of cold plasma in production processes of various industry verticals, and increasing food &safety concerns are anticipated to boost growth of the cold plasma market over the forecast period. However, the high capital investments for the development of the cold plasma technology are hindering market growth to a certain extent.
Major Key Players of the Cold Plasma Market are:
Apyx Medical, Nordson Corporation, P2i Ltd, Plasmatreat GmbH, Henniker Plasma, Tantec Group, AcXys Technologies, PlasmaLeap Technologies, Adtec Plasma Technology Co., Ltd., and APS, among others.
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