Filter Press Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026
- Transparency Market Research
Filter press are tools that are used for separation processes of mainly liquids and solids. The process uses the principle of pressure drive, which is provided by the slurry pump. Growing awareness regarding the need for treatment of wastewater in order to meet the demand for water is considered as one of the key drivers of the global filter press market. Rising scarcity of water over the years and very slow recharge of groundwater results in the rising adoption of new water treatment projects. Additionally, the popularity of water recycling in developed regions such as North America and Europe is also resulting in the adoption of new water treatment projects over the years. In addition to this, growing number of industries has resulted in the evolution of newer filter presses with advanced technologies and unique features. Manufacturers of filter press are focused on developing new products in order to provide safe drinking water to populations across the globe. For instance, in recent years, the market witnessed the emergence of pneumatic filter presses that are economical, safe, and easy to use. Such filter presses do not depend upon electricity that results in the reduction in operational costs.
The global filter press market has been segmented into different product types such as frame and plate filter press, recessed plates, and automatic filter press. Recessed plates filter press dominated the market due to the increasing growth rate in polymer and pharmaceutical industries. Automatic filter press is expected to witness rapid growth rate during the forecast period owing to its rising usage in several industries such as chemicals and petrochemicals. Additionally, increased sales of vehicles that result in the rise in usage of tires in the new cars are also boosting the demand for recessed filter plates. The market has been further segmented based on different end user applications into food and beverage, chemical, pharmaceutical, and cosmetics among others.
The global filter press market is mainly driven by the growth in water treatment, sewage treatment plants, and chemical industries. Additionally, rapid urbanization and disposable income has resulted in the rise in demand for filter press among consumers over the years. However, rise in installation cost is considered as one of the major restraints to the market. Moreover, rising usage of advanced next generation filter press is expected to create opportunities to the global filter press market during the forecast period.
In terms of region, the global filter press market has been bifurcated into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe, which comprises the U.K, Germany, Italy, Russia and France among other countries, dominated the market due to the rising awareness of water treatment and rise in awareness of water safety among the population. North America which comprises the U.S and Canada also grabbed a significant market share owing to the rise in the number of chemical and pharmaceutical industries over the years. Asia Pacific, which comprises China, India, and Japan, is set to witness the fastest growth rate during the forecast period owing to the growth of food and beverage, textile, and polymer industries. Additionally, growing number of food processing industries in the developing regions is also projected to result in the rapid growth rate of the global filter press market during the forecast period.
Manufacturers operating in the global filter press market face stiff competition and are thus focused on continuous product development with improved technologies. Strategic acquisition is considered as the major strategy to improve a company’s product portfolio. Major players operating in the filter press market are Andritz, Micronics, Evoqua Water Technologies, M.W. Watermark, FLSmidth, ALFA LAVAL, Aqseptence Group, Bafproje, Freudenberg Filtration Technologies, Latham International, Toro Equipment, Parker Hannifin, and Water Confidence Technologies among others.
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- Market segments and sub-segments
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The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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- Reporting and evaluation of recent industry developments
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