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The growth of the cotton processing market is driven by the increasing demand for cotton processing in the textile industry and the rising adoption of cottonseed meal as feed for animals.<br>https://www.prnewswire.com/news-releases/cotton-processing-market-worth-72-6-billion-by-2023-exclusive-report-by-marketsandmarkets-tm--825728282.html
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Asia-Pacific Region to Provide Immense Opportunities for Cotton Processing Market Growth The report "Cotton Processing Market by Product (Lint, Cottonseed), Application (Textiles, Medical & surgical, Feed, Consumer goods), Equipment [Ginning (Saw, Roller), Spinning], Operation (Automatic, Semi- automatic), and Region – Global Forecast to 2023" The market for cotton processing is estimated at USD 59.7 billion in 2018 and is projected to grow at a CAGR of 4.0% from 2018 to 2023, to reach USD 72.6 billion by 2023. The increase in demand in the textile industry, adoption of cottonseed meal as feed for ruminants, and the rising number of surgeries and operations have been propelling the consumption of cotton, leading to the rising demand for cotton processing globally. The lint segment is estimated to account for the largest share in the cotton processing market in 2018. On the basis of product type, the cotton processing market has been segmented into lint, cottonseed, and others. The lint segment is estimated to account for the largest share in 2018. Cotton lint is widely used for manufacturing different types of surgical bandages, apparels, and household textiles. Over the years, the rise in urbanization and change in the lifestyle of consumers have led to an increase in the demand for textiles, which, in turn, is projected to drive the growth of the lint segment further. Inquiry before buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=223254896 The textile segment is estimated to dominate the cotton processing market, by application, in 2018. The textile segment is estimated to account for the largest share of the global cotton processing market in 2018. The textile industry witnesses a significant demand for effective cotton processing techniques. Raw cotton is used as a key ingredient in the textile manufacturing applications, and there are no raw materials to substitute it. This leads to an increased demand in the textile industry. With the increasing purchasing power and technological advancements for expanding the production capacity of cotton in improving the fabric quality, the demand for processed cotton is projected to remain high globally. Browse in-depth TOC on "Cotton Processing Market" 84 - Tables 34 - Figures 134 - Pages The spinning segment is estimated to dominate the cotton processing equipment market, by type, in 2018. The spinning segment is estimated to account for the largest share of the global cotton processing equipment market in 2018. Spinning is considered one of the most important processes in the textile and pharma industries and is used to convert baled cotton into yarn or thread to produce high-strength yarns. With the increasing demand for cotton in textile and medical & surgical applications, the demand for spinning is projected to remain high globally. The automatic segment is estimated to dominate the cotton processing ginning equipment market, by type, in 2018. The automatic segment is estimated to account for the largest share of the global cotton processing ginning equipment market in 2018. Cotton processors are increasingly focusing their attention on achieving low production costs, rapid turnaround time, and higher yields. This is facilitated by incorporating advanced automated technologies. Fully automated processing plants contribute to reduced labor costs and help in achieving operational efficiencies. Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=223254896 Asia Pacific to be the dominant region in the cotton processing market in 2018. Asia Pacific is estimated to be the dominant region in the cotton processing market in 2018. This is due to wide cotton cultivation in countries such as China, India, Pakistan, and Uzbekistan. The countries in the region have
favorable climatic conditions for cotton production. This encourages cotton processors to invest in the cotton processing market in this region. Furthermore, growing concerns about hygiene and technological advancements in the healthcare sector in developing countries have led to an increase in the consumption of raw cotton, which, in turn, is expected to increase the demand for cotton processing solutions and equipment. This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the cotton processing market. It includes the profiles of leading companies such as Lummus Corp (US), Bajaj Steel Industries Limited (India), Nipha Exports Private Limited (India), Shandong Swan Cotton Industrial Machinery Stock Co., Ltd. (China), Cherokee Fabrication (US), Reiter (Switzerland), and Toyota Industries (Japan). About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com