Share
Filter Press Comprehensive Market: Segmented: By Product type (Recessed plate filter type, Plate and frame filter press, Automatic filter press); By Application (Chemical, Pharmaceutical, Metallurgical, Food & Beverages, Environmental Protection and Others); By Region (North America, Latin America, Europe, Asia-Pacific, Middle-East & Africa)- Analysis of market share, size & trends for 2016-19 and forecasts to 2030
Filter Press Comprehensive Market is expected to grow from USD 1659.1 million in 2019 to USD 2532.8 million in 2030 at a CAGR of 3.90%.
A filter press is a device used for separating solids from the liquid using the pressure feeding principle. It has a series of filter plates set together, and recessed plates or frames arranged in a different way. The filter media is placed between the pressing filter plates. A feeding pump is used to move the liquid into a medium so that solids are trapped inside. The filter press contains a higher volume of solids per square foot of the filtering surface area, relative to other pressure filters. The closer it needs is worked either hydraulically or manually. It includes a lever, which pushes together the filter plates to create a sealed device.
Filter Press Comprehensive Market is expected to project a CAGR of 3.90% during the forecast period, 2019-2030
The growth of the Filter press comprehensive market includes raising awareness about the need for wastewater treatment to meet the demand for water as one of the key growth drivers for this sector. With increasing water scarcity and a slow rate of groundwater depletion, new water treatment schemes are increasingly being introduced. Furthermore, the increasing trend of extracting rainwater to reuse the water that otherwise would have been wasted drives the growth of the market. Moreover, the growing number of industries is expected to splurge the demand in the Filter Press Market.
On the basis of product type
the global filter press comprehensive market is segmented into frame and plate filter press, recessed plates, and automatic filter press. The recessed filter plate press dominated the market in 2019 with a market share of XX% due to increased usage in Pharma industries. The Automatic filter press is anticipated to propel the overall market growth due to increased importance in the chemicals and petrochemicals industry.
Chemical Industry to propel the overall demand for filter press
Based on Application, the filter press market has been further segmented into food and beverage, chemical, pharmaceutical, and cosmetics among others. The food and beverage segment held a significant market share of XX% in 2019. An increasing number of chemicals and petrochemicals industries to drive the market growth.
Increasing Concern towards Conservation of water
The global market for filter presses is driven mainly by the growth in wastewater management. Although approximately 70 percent of the Earth consists of water, many areas of the world lack clean drinkable water. It is essential to conserve water, as it keeps water safe and clean while protecting the environment. Additionally, rapid urbanization and increasing disposable income have led to a rise in consumer demand for filter press.
High Installation Cost
The filter press requires huge installation charges which might act as a severe restraint in the growth of Filter Press Comprehensive Market. Entrepreneurs and businesses wish to operate with a minimum cost; a high installation charge may hinder their willingness to opt for filter press.
Global Filter Press Comprehensive market is segmented on the basis of regional analysis into five major regions. These include North America, Latin America, Europe, Asia-Pacific, and rest of the world is classified as Middle-East and Africa.
Europe held the largest market share in 2019 owing to increasing awareness about waste-water treatment and water safety. North America also grabbed a significant market share, next to Europe, due to the increasing number of chemical and pharmaceutical industries. But for numerous factors, the APAC area is anticipated to register rapid market growth, such as increasing food and beverage consumption, increased number of textile, ceramic, and polymer industries in the Asia-pacific region. Hence, APAC is to drive the overall growth of the market in the forecasted period.
Company overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
The Filter Press Comprehensive Market size was estimated at USD XX in 2021 and is expected to reach USD xx Billion by 2031.
Andritz, Micronics, Evoqua Water Technologies, M.W. Watermark, FL Smith, ALFA LAVAL, Aqseptence Group, Bafproje, Freudenberg Filtration Technologies, Latham International
Automatic Filter press and Chemical Industry are anticipated to hold the largest Filter Press Comprehensive Market
Drivers: Increasing Concern towards Conservation of water
. A filter press is a device used for separating solids from the liquid using the pressure feeding principle. It has a series of filter plates set together, and recessed plates or frames arranged in a different ways. The filter media is placed between the pressing filter plates. A feeding pump is used to move the liquid into a medium so that solids are trapped inside.
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