Cotton Processing Market Size, Share, And Trends By Product (Lint, Cottonseed, And Others), By Application (Textiles, Medical & Surgical, Feed, Consumer Goods, And Others), By Equipment ( Ginning, Spinning, And Others), By Operation (Automatic, And Semi-automatic And Manual), And Geography - Forecasts From 2019 To 2024

Published: Mar 2020 | Report Code: KSI061612716 | Pages: 120

Description
Table Of Contents
Companies Mentioned

Cotton processing consists of cleaning and drying of cotton to improve the fiber quality, cotton ginning to separate the seed from lint and compression of lint to bales. The bales are then spun into yarns for use in the textile industry. The seeds are crushed to get cottonseed oil and cottonseed cake which is used as livestock feed. The cotton processing market is expected to have a significant growth driven by the growing demand for cotton from the textile industry. Demand for cotton is high from the healthcare industry which is also expected to drive the market growth. But the high cost of production of cotton due to the use of obsolete equipment is estimated to hamper the market growth.

By product, lint segment is estimated to have a significant market share as it is used for manufacturing textiles, surgical bandages and household textiles. By application, the textiles segment creates significant demand for effective cotton processing techniques due to rising demand for different types of apparels. By equipment, demand for spinning is expected to be significant due to increasing demand for cotton yarns in textile and medical applications. By operation, automatic segment is estimated to have a significant market growth as they help in achieving operational efficiency and low labour cost. By geography, the Asia Pacific region is expected to have a significant market share due to the high production of cotton in these regions.

DRIVERS

Growing demand for cotton across multiple industries

RESTRAINT

The high cost of production due to obsolete equipment

INDUSTRY UPDATE

In March 2019, it was announced that China State Machinery Industry Construction Group Inc will help the Shino Tajikistan Kulyab Textile Industry Park raise $300 million for processing cotton fiber in Tajikistan.

Due to a shortage in supply of cotton in India, Maharashtra ginning units were operating at 30 -40% production capacity in April 2019

SEGMENTATION

The Cotton Processing Market has been analyzed through the following segments:

By product

Lint

Cottonseed

Others

By application

Textiles

Medical & Surgical

Feed

Consumer goods