Demand for Cotton Processing is Increasing Globally
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...
Increase in Demand for Cotton in the Textile Industry Drive the Growth of the Cotton Processing Market
The market for cotton processing market is estimated at USD 59.7 billion in 2018 and is projected to grow at a CAGR of % from 2018 to 2023, to reach USD 72.6 million by 2023. The cotton processing market is segmented on the basis of product type, application, equipment, operation, and region. The product types of cotton processing include lint; cottonseed; and others, including linters and cotton gin...