According to the Research Report, the Size of Asia Pacific Cold Plasma Market is valued at USD 0.3 billion in 2019 and is estimated to grow at a CAGR of 18.3%, to reach USD 0.69 billion by 2024 during the forecast period 2019-2024.
The cold plasma is a type of plasma in which non-thermal equilibrium does not exist between the energies of gas molecules and the electrons. It is because of the low frequency of collisions between them. The gas molecules will be around room temperature whereas electrons are at having high temperatures due to high-energy.
Cold Plasma technology is applied in several fields such as semiconductors, medical and food and agriculture. It is also used in the textile industry to remove surface hairiness of woolen fabrics and to provide shrink resistance in cotton fabrics. In the food industry, this technology is used to decontaminate food products without changing the physiochemical properties of them. Furthermore, it is also used in the treatment of lung and breast cancer and also to sterilize biomedical surfaces.
Constant technological advances, highly effective antimicrobial properties of this technology and increasing applications of cold plasma in various food and medical industries are expected to drive the market. The growing need for eco-friendly products and usage of cold plasma technology in life sciences such as the treatment of biological tissues are also driving the market growth. A requirement of huge initial investments to buy the equipment and difficulty in predicting structural characteristics of its treatment fragments are inhibiting the market growth.
Asia Pacific Cold Plasma Market has been segmented & sub-segmented into the following categories
On the basis of Industry, Electronic and semiconductors industry is expected to hold the largest market share due to the increasing adoption of cold plasma technology in this industry. However, the food industry is the fastest-growing segment due to the increasingly stringent safety standards in the packaging and processing of food products.
On the basis of applications, Cleaning and application is expected to be the largest segment due to high acceptance in electronics and polymer industries. The decontamination segment is expected to be the fastest-growing segment due to its application in the food industry.
On the basis of the regime, both the segments have significant growth rates in their respective usage industries.
On the basis of region, the Asia Pacific is expected to be the fastest-growing market due to the increasing textile manufacturing and demand for frozen foods in this region. Developing countries like China and India are expected to boost the market.
Top Companies leading the Asia Pacific Cold Plasma Market Profiled in the Report are Enercon Industries Corporation, Henniker Plasma, ADTEC Plasma Technology Co. Ltd., Europlasma NV, Neoplas Tools GmbH, P2i Limited, Nordson Corporation, Plasmatreat GmbH, Vetaphone A/S and Tantec A/S.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Industry
5.1.1 Introduction
5.1.2 Food & Agriculture
5.1.3 Medical
5.1.4 Textiles
5.1.5 Electronic and Semiconductors
5.1.6 Polymer
5.1.7 Y-o-Y Growth Analysis, By Industry
5.1.8 Market Attractiveness Analysis, By Industry
5.1.9 Market Share Analysis, By Industry
5.2 Application
5.2.1 Introduction
5.2.2 Decontamination
5.2.3 Adhesion
5.2.4 Finishing
5.2.5 Sterilization
5.2.6 Coating
5.2.7 Cleaning and Activation
5.2.8 Printing
5.2.9 Wound Healing
5.2.10 Y-o-Y Growth Analysis, By Application
5.2.11 Market Attractiveness Analysis, By Application
5.2.12 Market Share Analysis, By Application
5.3 Regime
5.3.1 Introduction
5.3.2 Low Pressure
5.3.3 Atmospheric Pressure
5.3.4 Y-o-Y Growth Analysis, By Regime
5.3.5 Market Attractiveness Analysis, By Regime
5.3.6 Market Share Analysis, By Regime
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Industry
6.1.3.3 By Application
6.1.3.4 By Regime
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Industry
6.1.4.3 By Application
6.1.4.4 By Regime
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Industry
6.1.5.3 By Application
6.1.5.4 By Regime
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Enercon Industries Corporation
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Henniker Plasma
8.3 ADTEC Plasma Technology Co. Ltd.
8.4 Europlasma NV
8.5 Neoplas Tools GmbH
8.6 P2i Limited
8.7 Nordson Corporation
8.8 Plasmatreat GmbH
8.9 Vetaphone A/S
8.10 Tantec A/S
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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