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
Others
By equipment
Ginning
Spinning
Others
By operation
Automatic
Semi-automatic and Manual
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others