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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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Companies Covered and their Product Offerings
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