World Cold Plasma Market to Reach USD 2.91 Bn by 2021, Predicts M&M in Its New Topical Report Recently Uploaded at MarketPublishers.com22 Feb 2017 • by Natalie Aster
LONDON – From 2016 till 2021, the world’s cold plasma market is likely to follow an upward trend, growing at a significant CAGR of over 16%. By 2021, the market value is expected to amount to over USD 2.9 billion, compared to the value of USD 1.38 billion in the past year.
The key growth driving forces propelling the global cold plasma market comprise various advantages and benefits of cold plasma and its adoption, eco-friendliness of cold plasma, technological innovations in the textile industry, improvements in cold plasma technology, enhancing concerns about food safety, rising usage of cold plasma for packaging decontamination, among others. Yet, high capital investments into the technology and its insufficient commercialization are two major factors restraining further market growth.
Application-wise, the mammoth market share belonged to the finishing applications segment in the year 2015. The coating applications segment captured the lion’s share of the cold plasma market for the electronics and semiconductor market.
Today, followed by such regions as North America and Asia-Pacific, Europe is the number one leader in the world’s cold plasma marketplace. Meantime, Latin America and APAC are expected to showcase robust growth through 2021 owing to bright future potential as well as favourable economical, commercial and infrastructural developments in several APAC countries. Furthermore, in the wake of rapidly evolving electronics and semiconductor industry in Japan, China and some other APAC countries, the sales of cold plasma products are expected to be on the rise.
New research publication prepared by M&M, “Cold Plasma Market by Industry, Application, Regime - Global Forecast to 2021”, includes a deep and comprehensive market analysis with relevant and precise information on the cold plasma market performance on various geographical levels.
The research report delves deep into the market segmentation on the basis of applications, regimes and regions. It also examines the market dynamics, providing details on the key growth drivers, restraints, opportunities and industry-specific challenges. Recent partnerships and collaborations, mergers and acquisitions, research and development activities and geographical expansions together with new product launches in the market are observed in this in-demand research publication. Moreover, the report offers a competitive landscape analysis and comprises 10 granular profiles of the major market participants (including the basic information, market shares, strategies, products and manufacturing capabilities). Additionally, the report canvasses the market trends, prospects and opportunities. Global forecasts for cold plasma market through 2021 are also at hand in the report.
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