Cotton Processing Market 2019 Growth Opportunities | Top Players: Toyota Industries, Bajaj Steel Industries Limited, Rieter, Lummus Corp, Mitsun Engineering, Shandong Swan Cotton Industrial Machinery Stock

the Global Cotton Processing Market is accounted for $56.4 billion in 2017 and is expected to reach $88.5 billion by 2026 growing at a CAGR of 5.1% during the forecast period. Growing demand for new applications, rising demand for cotton in the textile industry and advancement of new technologies in cotton processing are some of the factors propelling the market growth. However, high cost of production and quality concerns are some of the factors hampering the growth of the market.

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In cotton processing, cotton is vacuumed into tubes that take it to a dryer for dropping the moisture and enhancing the fiber quality. It then runs through cleansing equipment for removing leaf trashes, sticks, and other foreign materials.

Based on Application, Textile segment holds the significant market growth during the forecast period due to raw cotton is used as a key ingredient, rising purchasing power and technological advancements are some of the factors driving the market. By Geography, Asia Pacific holds the largest market share during the forecast period owing to extensive cotton cultivation in countries, rising concerns about hygiene and technological advancements in the healthcare sector in developing countries are driving the market growth in this region.

Some of the key players profiled in the Cotton Processing Market include Toyota Industries, Bajaj Steel Industries Limited, Rieter, Lummus Corp, Mitsun Engineering, Shandong Swan Cotton Industrial Machinery Stock, Karunanand Hydropneumatic Controls (P), Cherokee Fabrication and Nipha Exports Private Limited.

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Market Segments:
Equipments Covered:
• Spinning
• Ginning
Operations Covered:
• Semi-Automatic
• Automatic
Product Types Covered:
• Cotton Seed
• Lint
• Other product Types
Applications Covered:
• Consumer Goods
• Medical & Surgical
• Feed
• Textile
• Other Applications

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This release was published on openPR.