NEW YORK , July 4, 2022 /PRNewswire/ -- The market analysis report titled Filter Press Market by Product and Geography - Forecast and Analysis 2021-2025 has been recently added to Technavio's catalog. The report predicts the market potential growth difference to reach USD 232.92 million from 2020 to 2025. The market is also anticipated to witness an accelerating growth momentum at a CAGR of 3.21% during the forecast period. The analysts at Technavio have categorized the global filter press market as part of the global industrial machinery market. The 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. Factors such as the growing awareness for wastewater treatment and the shifting of exploration and mining activities to emerging economies are expected to influence the market growth positively during the forecast period. However, the closure of mines due to environmental concerns will emerge as the key threat to the market growth during the projected period.
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Accelerate at a CAGR of 3.21%
APAC, North America, Europe, MEA, and South America
China, US, Japan, Germany, and France
Leading companies, competitive strategies, consumer engagement scope
Alfa Laval AB, Andritz AG, Eaton CorporationPlc, Evoqua Water Technologies LLC,FLSmidth and Co. AS, Latham International Ltd.,MW. Watermark LLC,Micronics Filtration LLC, Parker Hannifin Corp., and Siemens AG
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
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Technavio analyzes the market 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 ).
Revenue-Generating Segments: The recessed plate filter press product held the largest market share of filter press market. The segment is likely to grow 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. 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.
Regional Analysis: 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.
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The filter press market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. To make the most of the opportunities and recover from post pandemic 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. The competitive scenario provided in the filter press market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.
Companies Covered and their Product Offerings
Alfa Laval AB: The company offers filter press named as H Fully Mechanised Plate Press
Andritz AG: The company offers wide range of filter presses such as SmartFEED, SmartLIFT, Metris addIQ control system, and more.
Eaton Corporation Plc: The company offers wide range of filter press through filter media, filter systems and strainers, and others.
Evoqua Water Technologies LLC: The company offers wide range of filter presses such as J Press Plate shifters, J Power hydraulics, filter press accessories, and more.
FLSmidth and Co. AS: The company offers automatic filter press, designed with recess or membrane plates to optimise production and minimise cake moisture.
Want to know more about the product offerings and strategic moves of the contributing vendors, Request for Sample Report Now!
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3.4 Market outlook: Forecast for 2020 - 2025
5.3 Recessed plate filter press - Market size and forecast 2020-2025
5.4 Plate and frame filter press - Market size and forecast 2020-2025
5.5 Automatic filter press - Market size and forecast 2020-2025
7.3 APAC - Market size and forecast 2020-2025
7.4 North America - Market size and forecast 2020-2025
7.5 Europe - Market size and forecast 2020-2025
7.6 MEA - Market size and forecast 2020-2025
7.7 South America - Market size and forecast 2020-2025
11.2 Currency conversion rates for US$
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
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