Authored By: Sarah
04 Feb 2025

Cold Plasma Market Poised for Strong Growth from 2024 to 2028

The cold plasma market is set for rapid expansion, with projections indicating a growth of USD 2.27 billion between 2024 and 2028, driven by a CAGR of 15.7%. The increasing demand for eco-friendly, sustainable technologies is a primary driver, with cold plasma emerging as a preferred alternative across industries such as healthcare, electronics, food processing, and textiles. The technology’s ability to offer sterilization, surface modification, and etching positions it as a valuable solution for industrial applications.

Global cold plasma market 2024-2028

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Segment Analysis: Key Growth Areas

The polymer and plastic industry segment is anticipated to see significant expansion, driven by the need for enhanced coating adhesion and surface activation. The electronics and semiconductor industry is also experiencing notable demand for cold plasma treatments to improve component reliability. Other key sectors include:

  • Food and agriculture – Focus on chemical-free decontamination of frozen food.
  • Textile industry – Adoption of cold plasma in sustainable fabric treatment.
  • Medical industry – Increased use for infection prevention and tissue regeneration.

By technology type, the market is divided into atmospheric cold plasma and low-pressure cold plasma, with both witnessing increasing adoption in industrial and healthcare applications.

Regional Market Insights

North America is expected to lead the global cold plasma market, contributing 32% of total growth. The United States and Canada are seeing rising adoption in healthcare, textiles, electronics, and automotive applications. The European market, particularly in Germany and the UK, is expanding due to regulatory backing and advanced manufacturing initiatives. Asia-Pacific, led by China, is witnessing rapid growth due to increasing industrial applications and investments in semiconductor manufacturing.

Key Market Drivers and Trends

The surge in cold plasma adoption is fueled by sustainability initiatives in industries like polymer processing, textile production, and food safety. In healthcare, cold plasma is revolutionizing wound healing, cancer treatment, and sterilization. Additionally, electronic manufacturing leverages the technology for surface activation and cleaning to enhance product quality.

A notable trend is the miniaturization and portability of cold plasma devices, catering to industries requiring compact, high-efficiency solutions. Recent regulatory approvals from organizations like the FDA have further propelled market adoption in healthcare and food safety applications. However, despite its advantages, high initial setup and operational costs remain a challenge for small and medium-sized enterprises (SMEs).

Challenge

The high initial setup and operating costs pose a significant challenge, particularly for small and medium enterprises (SMEs).

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Key Companies in the Cold Plasma Market

Some of the key companies of the Cold Plasma Market are as follows:

  • AcXys Technologies
  • Adtec RF
  • Advanced Plasma Solutions
  • Apyx Medical Corp.
  • CINOGY System GmbH
  • Coating Plasma Innovation
  • Enercon Industries Corp.
  • Europlasma NV
  • Ferrarini and Benelli Srl
  • Henniker Scientific Ltd.
  • MPG SA
  • Neoplas GmbH
  • Nordson Corp.
  • PlasmaLeap Pty. Ltd.
  • Plasmatreat GmbH
  • Tantec AS
  • TDK Corp.
  • Terraplasma GmbH
  • UNIQAIR Technologies Ltd.
  • US Medical Innovations LLC

Recent Developments in Cold Plasma Technology

  • December 2024 – A medical device firm introduced a cold plasma wound healing solution, enhancing tissue regeneration and accelerating patient recovery.
  • November 2024 – A leading agriculture tech firm partnered with a cold plasma provider to develop sustainable crop protection solutions.
  • October 2024 – Researchers unveiled a cold plasma-based air purification system, aimed at reducing airborne pollutants in hospitals and schools.
  • September 2024 – A cosmetic brand launched a cold plasma skincare device, addressing the rising demand for non-invasive beauty treatments

 

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