Textile Waste Management Market Analysis by By Waste State, by Solution & by Application with Regional Outlook & Forecast to 2024

Global Textile Industry Waste Management Market Outlook, 2024

Market Overview

Textile industry is one of the greatest and oldest industries in the world’s economy since the former days. Since it has the largest number of employees therefore it is also known as labor intensive industry. Textile industry is broadly divided into two parts. First part is unorganized sector which include handloom, handicraft and sericulture, etc. Second part is organized sector which include spinning, garments, etc. It preoccupies a huge amount of water thus producing substantial amount of waste water. For many countries, textile industry is very important when it comes to employment rates, GDP etc.

It is seen that the key vendors of textile industry are spending more on research and development activities to innovate different products and increase safety. By capitalizing the low cost resources this industry provides break to lower income countries for export diversification by meeting the buyers demand.

Global textile industry waste management market is mainly driven by the factors such as improvement in membrane technologies; growing demand for nanofiltration procedures and advancement in waste management solutions. Wastewater treatment using membrane reactors and desalination by RO are some technologies that are already being implemented in industries at large scale.

Market Segmentation

By Waste

• Slid waste management
• Water waste management
• Gaseous waste management

By Solution

• Source reduction solutions
• Landfills solutions
• Recycling solutions
• Incineration solutions

By Application

• Water purifier
• Wastewater treatment equipment

By Region

• North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
• Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
• Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}
• Rest of the World{Market Share (%), Market Size (USD Billion), Product Sales (Units)}

Market Size and Forecast to 2024

The textile industry is one of the oldest as well as one of the emerging industries in today’s era. The market of global textile industry waste management is expected to drive nearly at a CAGR of 11.5% and is projected to reach approximately USD 3.0 billion by 2024.

On the basis of application, the market is segmented into water purifier and wastewater treatment equipment. Due to increasing reduction in freshwater resources, the market is dominated by wastewater treatment equipments.

On the basis of region, the market is being dominated by Asia pacific due to government initiatives to set up textiles parks and new anticipated projects in different countries of Asia pacific.

Key Trends and Growth Drivers

As we know that the textile industry is said to be the largest contributor in the global economy, there are any factors that propel the growth of this market. They are:

• The control on pollution discharge is one of the factor driving the growth of the global textile industry waste management market
• Augmenting popularity of green textile mill all over the world to manage waste is swelling the demand for waste water management solutions
• Growth in domestic demand for textile especially in Asia-Pacific region.

Restraints to Market Growth

Notwithstanding the fact that there are also some factors which curtail the growth of market. They are:

• Collision of concentrated water on water treating equipment leads to degrade the life of treatment equipment
• High cost of wastewater treatment equipment is one of the key factor which limits the demand for treatment equipment
• Still there is scope for improvement in terms of energy, cost and expertise.

Key Market Players

• A3 water solution
• ChemTreat
• General Electric
• Lenntech
• Pall Corporation
• Veolia
• Aquatech
• Aries Chemical
• Beckart Environmental
• Ecosphere technologies
• Evoqua Water Technologies
• Huber Technology
• Netsol Water Solutions
• Primozone

Covered in this Textile Industry Waste Management Market Report

Market Synopsis

Market Segmentation

The global textiles industry waste management market is segmented as follows:

• On the basis of solution(Market Size, Demand Analysis and Growth Analysis)

• On the basis of application (Market Size, Demand Analysis and Growth Analysis)

Global textiles industry waste management market report covered insights of below mentioned regions:

• North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
• Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
• Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
• Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis}
• Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
• Rest of World  {Market Size, Growth Analysis and Opportunity Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities

• Risk Factors
• Regional Variations
• Recent Trends and Developments

Key Market Players

• Synopsis
• Business Strategy
• Product Portfolio
• SWOT Analysis

Porter’s Five Force Model

Market Landscape: Competition and Beyond

Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem

Expert Analysis

Concluding Remarks

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