The global textile industry waste management market is expected to grow nearly 11 per cent by 2021. One driver is improvements in membrane technology. Membrane technology plays a vital role in wastewater treatment. Some technologies like wastewater treatment using membrane reactors and desalination are already being implemented in the industry on a large scale.

Besides addressing the issue of water scarcity, membrane technologies meet sustainability criteria like the environmental impact, ease of use, land use, adaptability, and flexibility. However, there is still scope for improvement in terms of affordability and cost, energy consumption, and expertise.

One trend in the market is rising patent filings. The global textile industry waste management market is witnessing increased expenditure by vendors on R&D activities, leading to product innovation and increased safety. In addition, vendors in the market are working to reduce the cost of upgrades and maintenance.

In terms of geography, the Asia Pacific region led the global textile industry waste management market during 2016 and is anticipated to continue the dominion during the forecast period. Manufacturers are coming up with marketing strategies based on the durability of the product, and the competitive environment in the market will grow further with a rise in product or service extensions and technological innovations.