The size of the Cold Plasma Market in the Middle East & Africa is estimated to be worth USD 0.37 billion by 2027 from USD 0.17 billion in 2022, registering a CAGR of 16.1% from 2022 to 2027.
Various applications of cold plasma technology are boosting the growth of the cold plasma market in the Middle East and Africa. Cold plasma market expansion in the Middle East and Africa is expected to be fuelled by factors such as rising demand for cold plasma in the food packaging industry and ongoing cold plasma technology innovations in R & D. Increased demand for frozen foods, as well as an elderly population with diabetes, which leads to chronic wounds such as foot ulcers, are propelling the Middle East and Africa cold plasma market forward.
Furthermore, cold plasma market growth in this region is expected to be aided by features such as improved wettability, low chemical consumption, and low water consumption. In addition, the usage of cold plasma in medical treatment and infection prevention is fuelling the cold plasma market's rise in this area.
The COVID-19 pandemic is putting a strain on the healthcare system. As a result, virus inactivation is urgently required. The inactivation of the virus relies heavily on cold plasma. Therefore, these strategies are extremely useful in generating an efficient vaccination during research and development. As a result, the market has grown faster since the COVID-19 epidemic began.
Protective garments and sanitary materials are in low supply during this pandemic. However, clothing can be worn during cold plasma treatment. In addition, it aids in the reduction of microbes in the textile industry's hydrophilization process for gloves, PPE kits, and masks.
Factors such as the costly capital necessary for deploying these technologies, such as vacuum equipment, low temperatures, and controlled vacuum conditions for operation, are limiting the cold plasma market in the Middle East and Africa. In addition, the Middle East and Africa market is hampered by a lack of competent personnel, tight government laws and regulations for the launch of new technologies and goods, and FDA approvals.
Because only a few companies are active in the cold plasma sector, this technology has seen less commercialization during the last decade. Only a few industries have been aware of the applications of cold plasma. On the other hand, cold plasma-related applications are challenging to come by at a reasonable price. The limitations of this technique are a lack of understanding about cold plasma and a significant investment. This provides a significant obstacle to the market's expansion throughout the Middle East and Africa.
This research report on the Middle East and Africa cold plasma market has been segmented & sub-segmented into the following categories:
Middle Eastern and African economies will grow faster than the rest of the world in the coming future. Medical research aims to find cures for lung, bladder, skin, and breast cancer, with substantial potential markets.
Cold plasma is expected to serve a growing market thanks to technological advances, its effectiveness against bacteria, and expanding applications in the food and medical industries. Cold plasma technology is increasingly used in life sciences, such as the treatment of biological tissues, to increase the demand for ecologically friendly products. However, the Middle East and Africa market's growth is being stifled by the need for significant upfront investments to purchase equipment and the difficulties in anticipating structural characteristics of treatment fragments.
The Middle East and Africa Cold Plasma market are expected to dominate Saudi Arabia over the projected period. However, due to the advantages of cold plasma techniques and the growing usage of cold plasma in wound healing.
South Africa is predicted to hold a large proportion of the Middle East and Africa Cold Plasma market, following Saudi Arabia. The use of technologically improved products is increasing, which is helping to drive market expansion.
KEY MARKET PLAYERS:
Companies playing a significant role in the Middle East & Africa 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.