Filter Press Market by Product and Geography - Forecast and Analysis 2021-2025

The filter press market share is expected to increase by USD 232.92 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 3.21%.

This filter press market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers filter press market segmentations by product (recessed plate filter press, plate and frame filter press, and automatic filter press) and geography (APAC, North America, Europe, MEA, and South America). The filter press market report also offers information on several market vendors, including Alfa Laval AB, Andritz AG, Eaton Corporation Plc, Evoqua Water Technologies LLC, FLSmidth and Co. AS, Latham International Ltd., M.W. Watermark LLC, Micronics Filtration LLC, Parker Hannifin Corp., and Siemens AG among others.

What will the Filter Press Market Size be During the Forecast Period?

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Filter Press Market: Key Drivers, Trends, and Challenges

The growing awareness for wastewater treatment is notably driving the filter press market growth, although factors such as closure of mines due to environmental concerns may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the filter press industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Filter Press Market Driver

The growing awareness for wastewater treatment is a major factor driving the global filter press market share growth. The demand for clean water is ever-growing. Thus, the use of wastewater is gaining momentum as a reliable alternative source of water that can be tailored to meet water requirements. The potential benefits for extracting resources from wastewater goes beyond human and environmental health, having implications on climate change mitigation and food and energy security. In the context of a circular economy, the most important aspect of economic development can be balanced with environmental sustainability and the protection of natural resources, where wastewater represents a valuable resource. The governments and public bodies are focusing on increasing investments in wastewater and sewage treatment infrastructure. The number of commissioned and under-construction wastewater and sewage treatment plants is growing to support the increasing water consumption. Existing plants are also undergoing modernization and expansion to accommodate higher volumes in the future. The scarcity of water, slow groundwater recharge rate, and water reuse concept will lead to the growth of new water treatment projects. This, in turn, will contribute to the growth of the global filter press market during the forecast period.

Key Filter Press Market Trend

The shifting of exploration and mining activities to emerging economies is another factor supporting the global filter press market share growth. Mining activities have now started shifting toward emerging economies. One of the key reasons for the shift is the higher economic growth and GDP in emerging economies when compared with developed economies. Countries such as India, South Africa, Brazil, Mexico, Indonesia, and Kazakhstan are witnessing an increase in mining activities. The rising commodity demand, higher prices, liberalization in mineral policies, advances in technology, and privatization are other key factors that are influencing the shift of exploration and mining activities to emerging economies. The rising demand and price of metals will add to increasing mining operations, and the shifting base of new mining operations will contribute to the growth of the mining sector. The filter press in the mining operations are used as a dewatering device for use in high solid filtration applications, therefore attributing to the growth of the global filter press market.

Key Filter Press Market Challenge

The closure of mines due to environmental concerns will be a major challenge for the global filter press market share growth during the forecast period. Many mines worldwide are being shut due to environmental concerns. Mining processes such as mine draining and pumping, quarrying, and drilling cause concerns on environmental safety. These processes can lead to air, water, and sound pollution. Mine drilling activities result in dust creation, which disturbs the areas near the mine site. Mining activities need a lot of water for processing, dust suppression, and staff amenities. This has negative implications on the environment. Another temporary reason for the closure of mining operations is the decline in commodity prices, which is bound to recover with time. Filter press in mining operations are used as a dewatering device for use in high solid filtration applications. As the closure of several mines is expected, owing to stringent emission regulations and environmental concerns, it will affect the growth of the mining industry. This will act as a challenge for the growth of the global filter press market.

This filter press market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global filter press market as part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the filter press market during the forecast period.

Who are the Major Filter Press Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Alfa Laval AB
• Andritz AG
• Eaton Corporation Plc
• Evoqua Water Technologies LLC
• FLSmidth and Co. AS
• Latham International Ltd.
• M.W. Watermark LLC
• Micronics Filtration LLC
• Parker Hannifin Corp.
• Siemens AG

 

This statistical study of the filter press market encompasses successful business strategies deployed by the key vendors. The filter press market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

• Alfa Laval AB- The company offers filter press named as H Fully Mechanised Plate Press.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The filter press market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Filter Press Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the filter press market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of global industrial machinery market includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Service
• Support activities
• Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

 

Which are the Key Regions for Filter Press Market?

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55% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for filter press market in APAC. Market growth in this region will be faster than the growth of the market in all other regions.

The growth of the polymer industry, food and beverage industry, tire and rubber products, mining, pharmaceutical, cosmetic, sewage treatment plants, chemical processing, ceramics, textile, and construction segments will facilitate the filter press market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 affected the growth of the filter press market in the region. Several construction projects were put on hold, owing to the lockdown measures implemented by the governments of different countries across the region to ensure public safety. Furthermore, restrictions on the movement of people and materials due to the outbreak led to supply chain disruptions. These factors hampered the revenue of companies in the filter press market, which, in turn, resulted in a decline in new investments in the region. However, the increasing government impetus for various industries, such as construction, automotive, and consumer goods, in the developing nations in the region is expected to fuel the demand for filter press in the region during the forecast period.

What are the Revenue-generating Product Segments in the Filter Press Market?

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The filter press market share growth by the recessed plate filter segment will be significant during the forecast period. In a recessed plate filter press, it is easier to dose polymers, which is an alternative to ferric salts and lime conditioning techniques. The higher cake solids content also improves the release of cake from the filter cloth. The growing pharmaceutical and polymer industry, coupled with dryer operations, will drive the recessed plate filter press demand. Another reason for the growth of the recessed plate filter press market is the rise in sales of vehicles worldwide. It will contribute to the market growth in terms of more tires being used in new cars, thus more rubber production. This, in turn, will lead to the growing demand for recessed plate filter press, which are used for drying operations and play a vital role in the rubber.

This report provides an accurate prediction of the contribution of all the segments to the growth of the filter press market size and actionable market insights on post COVID-19 impact on each segment.

 

Filter Press Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 3.21%
Market growth 2021-2025	$ 232.92 million
Market structure	Fragmented
YoY growth (%)	3.10
Regional analysis	APAC, North America, Europe, MEA, and South America
Performing market contribution	APAC at 55%
Key consumer countries	China, US, Japan, Germany, and France
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Alfa Laval AB, Andritz AG, Eaton Corporation Plc, Evoqua Water Technologies LLC, FLSmidth and Co. AS, Latham International Ltd., M.W. Watermark LLC, Micronics Filtration LLC, Parker Hannifin Corp., and Siemens AG
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Filter Press Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive filter press market growth during the next five years
• Precise estimation of the filter press market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the filter press industry across APAC, North America, Europe, MEA, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of filter press market vendors

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