Global Plasma Surface Preparation Market

Plasma Surface Preparation Market Size Analysis

According to a research survey conducted by ChemView Consulting, in 2022, the Global Plasma Surface Preparation Market was worth US$ 382.9 Mn and is expected to grow at a CAGR of 2.7% over the forecast period. The market is expected to hit US$ 473.8 Mn by 2030 end.

Plasma surface preparation eliminates surface impurities on the surface of most industrial materials, such as residual organic solvents, epoxy residue, oxidation, and mold release chemicals, to enhance adhesion and facilitate fluid flow.

Plasma surface activation replaces functional groups or atoms by plasma, a combination of ionized gases such as argon, oxygen, and hydrogen that contains free radicals and other neutral species.

Plasma processing is widely utilized in microelectronic and optoelectronic device assembly, printed circuit board fabrication, and medical device manufacture.

Market Dynamic

THE GROWTH IN THE PRODUCTION ACTIVITIES IN AUTOMOTIVE AND OTHER MANUFACTURING INDUSTRIES

The key reasons driving the growth of the worldwide plasma surface preparation market are increased production activities in the automotive, electrical, telecommunications, and medical device manufacturing industries. Furthermore, stringent regulations and the global application of good manufacturing standards are driving plasma surface preparation equipment usage.

Another major factor expected to boost the revenue growth of the global plasma surface preparation market soon is the increasing adoption and use of eco-friendly material treatment solutions instead of hazardous primers, etc., among many industries.

HIGH MAINTENANCE COSTS AND STORAGE ISSUES

The high maintenance costs of the systems impede the market’s extensive adoption of plasma surface preparation systems. Additional care should be taken if storage is required to prevent assembly contamination.

PLASMA NANO-COATING THE FUTURE OF THE PLASMA SURFACE PREPARATION MARKET

Other factors expected to boost the revenue growth of the global plasma surface preparation market shortly include the increased focus of key market players on R&D activities to develop innovative surface treatment machines, as well as the introduction of various advancements such as plasma nano-coating technologies.

COVID-19 Impact

Due to the COVID-19 outbreak, various industries’ activities have either been temporarily suspended or are operating with a reduced staff due to enforced lockdowns and imposed limits by different regulating bodies. The worldwide plasma surface preparation market is no exception, and this aspect is expected to have a substantial negative influence on the industry’s revenue growth.

Segment-Wise Analysis

Why is atmospheric Plasma Surface Preparation projected to have the highest CAGR?

In 2022, the atmospheric plasma solutions category accounted for the most revenue shares in the worldwide plasma surface preparation market, likely to continue throughout the forecast period.

Why is the automotive segment expected to expand the fastest during the forecast period?

In 2022, the automotive category accounted for the most revenue shares worldwide in plasma surface preparation. This segment will continue dominating the market over the coming ten years.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

• Due to increased industrial activity, the North American plasma surface preparation market will likely be the most dominant during the forecast period.
• Because of the growing number of new manufacturing businesses in China and India, Asia Pacific is the second-largest market.

Competition Analysis

Some of the key developments that have taken place in the Plasma Surface Preparation Market include:

• In December 2019, Harrick Plasma has established a new distributor connection in South Korea with Alpha Science. Alpha Science is based in Seoul and provides assistance and customer service to Korean universities, government research institutes, and business research centres. Alpha Sciences contributes to the rapidly expanding field of nano-biotechnology research.

A list of some of the key suppliers present in the market are:

• Arcraft Plasma Equipments
• Plasma Etching Technology
• Plasma Air
• Henniker Plasma
• Harrick Plasma
• Tri-Star Technologies
• Weldsafe Limited
• AST Products Inc
• PETS Inc
• Tonson Hightech

Market Segments Covered in Report

By Type:

• Stand-up Plasma Surface Preparation
• Low Pressure/Vacuum Plasma Surface Preparation Machines

By End-User:

• Automotive industry
• Medical devices industry
• Aerospace industry
• Textile
• Plastic
• Others

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Global Plasma Surface Preparation Market 2022-2030: Report Coverage and Highlights

• Assessment of the historical and current market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
• Key drivers, restraints, opportunities, and key emerging trends impacting market growth
• Predictions on critical supply, demand, and technological trends and changes in consumer behavior
• Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
• Segment-wise, country-wise, and region-wise market analysis
• Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
• Key product innovations and regulatory framework
• Covid-19 impact on the market and how to navigate
• Strategic market analysis and recommendations on crucial winning strategies