Product ID: SQMIG20I2207
Global Frame Filter Press Market Size, Share, Growth Analysis, By Type(Recessed Plate Filter Press, Automatic Filter Press), By Application(Urban Sewage Treatment, Chemical Industry) - Industry Forecast 2024-2031
Report ID:
SQMIG20I2207 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
67 |
Figures:
75
Global Frame Filter Press Market Dynamics
Frame Filter Press Market Driver
Growing awareness about the wastewater treatment in emerging economies
- The growth of the market for frame filter press is driven by the increasing awareness regarding wastewater treatment along with the stringent regulatory and environmental norms in emerging economies. The need for proper disposal or treatment of wastewater is increased in recent years as it can reduce the water scarcity issues and provide an adequate amount of freshwater to the municipal and industrial sectors, thereby making the significant adoption of frame filter press. Nowadays, wastewater treatment requirements become more stringent due to the need for effective filtration that has increased in emerging economies. More often, filtration is one of the most integral and efficient methods of dewatering solid for wastewater and process applications, which eventually the growth of the frame filter press market.
Rise in demand across end-use industries
- The use of frame filter press in the separation process is growing significantly among various end-use industries, which include chemical and petrochemical, food & agriculture, mining, paper & pulp. These industries are heavily relied on the separation of solid from liquid and are vital to sustainable growth for the industry. The filter press is also proven to be the most reliable and effective technique to meet water requirements across many industries. By utilizing a frame filter press, numerous industries can reuse and reduce the use of water and can improve operations with no bad environmental impact. Hence, the continual growth of the industrial sector, notably in the developing nations, coupled with the stringent norms concerning the discharge of effluents from industries to the water bodies, is likely to accelerate the demand for frame filter press across various end-use industries.
Frame Filter Press Market Restraint
High installation cost
- The filter presses were one of the oldest machine-driven dewatering equipment and continue to operate on the same concept as when initially introduced. Therefore, companies are now taking initiatives to make this equipment highly innovative, which can improve the efficiency of the products. Though, these advancements in filter press technology put the stakes for selecting the precise frame filter press, which obstructs the frame filter press market growth during the forecast period. However, the high cost of the product is further declining its adoption, which may limit the market growth around the world. The installation cost of a filter press is slightly higher than any filtration technology equipment. For instance, the installation cost of a new filter press installation can range from USD 15,000 to USD 50,000 for compact plants, and almost USD 250,000 for mid-sized plants (solids process ~15-50 tons per hour). While the installation cost for new multi-filter press operations (solids processes >100 TPH) is up to USD 1 million.
Global Frame Filter Press Market Report Snapshots
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