World Cold Plasma Market to Post 12.2% CAGR to 2022, States Stratview Research in Its Report Available at MarketPublishers.com20 Jun 2017 • by Natalie Aster
LONDON – Globally, the cold plasma market was worth USD 1,286.4 million as of 2016 and is poised to see an impressive 12.2% CAGR during the next 5 years to amount to USD 2,536.4 million in 2022. The factors fuelling the market growth include ongoing breakthroughs with respect to cold plasma technology, surging demand for ecologically clean products, increased use of cold plasma in the food packaging domain, implementation of tough safety regulations across various industries such as food safety, and surging demand for frozen food products, amid others.
Among the end-user sectors, the electrical & electronic industry is set to continue to dominate the market in the offing, fuelled by rising preference for cold plasma in semiconductors. The food industry will likely record the fastest growth in the offing, propelled by rising safety standards with greater demand for non-hazardous plasmas.
Europe is poised to keep on taking the lead in the cold plasma market in the offing, driven by the existence of a number of cold plasma suppliers and increased R&D activities in France, Germany, and the UK. APAC is forecast to record the most rapid growth during the forecast period.
In-demand report “Global Cold Plasma Market” developed by Stratview Research offers an up-close examination of the market on a worldwide level. The study categorises the market based on regime type, end-user, application, and based on region.
The study gives an all-round market overview, analyses the life cycle of the industry, includes an analysis of the supply chain. It provides shrewd insights into the key factors fuelling and hindering the market growth, presents a comprehensive SWOT analysis of the industry, and offers Porter’s five forces analysis of the market. Furthermore, the research publication discusses major trends in the overall market and each if its individual segments. The study scrutinises the competitive landscape casting light on product portfolios, presence by end-use sector and geography, launches of new products, market shares, strategic alliances, etc. It also limelights strategic growth opportunities, gives an analysis of the market attractiveness, describes the emerging trends, and pinpoints key success factors. Detailed profiles of the top 10 players are included, as are detailed market forecasts to 2022.
More in-demand market research reports by Stratview Research can be found at its page.