Report ID: SQMIG20I2207
Report ID:
SQMIG20I2207 |
Region:
Global |
Published Date: July, 2001
Pages:
157
|
Tables:
67 |
Figures:
75
Frame Filter Press Market size was valued at USD 682.21 million in 2019 and is poised to grow from USD 710.73 million in 2023 to USD 1027.45 million by 2031, growing at a CAGR of 4.18% in the forecast period (2024-2031).
Filter presses are instruments used primarily for liquid and solid separation procedures. The slurry pump provides the pressure drive, which is used in the process. One of the major factors propelling the worldwide filter press market is the rising awareness of the necessity to treat wastewater in order to meet the demand for water. As water becomes increasingly scarce over time and groundwater recharges slowly, more new water treatment systems are being adopted.
Additionally, the adoption of new water treatment projects throughout time is a result of the popularity of water recycling in industrialised regions like North America and Europe. Additionally, an increasing variety of sectors has led to the development of more modern filter presses with cutting-edge technology and distinctive characteristics. For the purpose of giving people all around the world access to clean drinking water, filter press manufacturers are concentrating on creating innovative products. For instance, pneumatic filter presses that are affordable, safe, and simple to use have recently begun to appear on the market. Because these filter presses don't require energy, their operating expenses are lower.
The expansion of the chemical, water treatment, and sewage treatment industries is what primarily drives the worldwide filter press market. Additionally, the rise in filter press demand among customers over the years is a result of rapid urbanisation and rising disposable income. However, one of the main market limitations is the increase in installation costs.Additionally, throughout the projected period, the worldwide filter press market is anticipated to benefit from growing adoption of innovative next generation filter presses.
Due to the pharmaceutical and polymer sectors' accelerating growth rates, recessed plates filter presses predominated the market. Due to its increasing usage across a number of industries, including the chemical and petrochemical industries, automatic filter presses are predicted to rise quickly throughout the projection period. Demand for recessed filter plates is also being driven up by rising tyre usage in new cars as a result of increased vehicle sales.
US Frame Filter Press Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONFrame Filter Press Market size was valued at USD 682.21 million in 2019 and is poised to grow from USD 710.73 million in 2023 to USD 1027.45 million by 2031, growing at a CAGR of 4.18% in the forecast period (2024-2031).
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Report ID: SQMIG20I2207