The market for filter press equipment is expected to grow steadily

The global market size for filter press equipment is expected to reach 18.82 billion yuan in 2024. By 2031, the market size is expected to grow to 26.04 billion yuan, with a compound annual growth rate (CAGR) of 5.0%. This growth is primarily driven by factors such as green mining in the mining industry, process optimization in the chemical industry, and environmental protection policies. As a key piece of equipment for solid-liquid separation, the growth of the filter press equipment market is driven by downstream industries, technological advancements, and policy initiatives.

I. Analysis of Market Growth Drivers

Analysis of market growth drivers indicates that environmental policies and green mining demands are driving market growth. For example, China's target for recycling mine wastewater, a copper mining company's procurement of high-pressure plate-and-frame filter presses, the EU's zero-discharge requirement for chemical industry wastewater, and a German chemical industrial park's procurement of membrane filter presses have all contributed to demand growth. In terms of technological innovation, filter press equipment is evolving toward intelligent and large-scale applications, such as the fully automatic intelligent filter presses from U.S. manufacturers and the ultra-large filter presses from Chinese companies. These technological advancements and product upgrades have driven significant growth in revenue from the high-end market.

II. Sub-industry and Regional Market Dynamics

Application areas are distributed as follows: the mining and metallurgy industry accounts for 45%, the main market. The chemical and environmental protection industry accounts for 35%, growing rapidly, with a domestic environmental protection group investing 100 million yuan to procure 100 box-type filter presses. The new energy and other sectors account for 20%, including lithium battery materials and food processing, with the market size expected to reach 3.764 billion yuan by 2024.

Technological development directions include intelligentization and digitization, such as reducing energy consumption by 30% through the integration of digital twin and edge computing technologies; ultra-high pressure and low moisture content technologies, such as models above 40 MPa, reducing cake moisture content to below 15%; and corrosion-resistant and special material applications, such as titanium alloy and PPS plastic, extending the service life of corrosion-resistant filter presses to 10 years.