India Industrial Air Filtration Market Size & Outlook
India industrial air filtration market, 2018-2030 (US$M)
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India industrial air filtration market highlights
- The India industrial air filtration market generated a revenue of USD 239.5 million in 2023 and is expected to reach USD 398.1 million by 2030.
- The India market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, dust collection filters was the largest revenue generating product in 2023.
- HEPA Filters is the most lucrative product segment registering the fastest growth during the forecast period.
Industrial air filtration market data book summary
| Market revenue in 2023 | USD 239.5 million |
| Market revenue in 2030 | USD 398.1 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Dust collection filters |
| Fastest growing segment | HEPA Filters |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dust Collection Filters, Mist Collection Filters, Fume Collection Filters, HEPA Filters |
| Key market players worldwide | Honeywell International Inc, Daikin Industries Ltd, Danaher Corp, Donaldson Co Inc, SPX Technologies Inc, Lydall, Alfa Laval AB, Parker Hannifin Corp |
Other key industry trends
- In terms of revenue, India accounted for 3.9% of the global industrial air filtration market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China industrial air filtration market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 398.1 million by 2030.
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Industrial Air Filtration Market Scope
Industrial Air Filtration Market Companies
| Name | Profile | # Employees | HQ | Website |
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India industrial air filtration market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial air filtration market will help companies and investors design strategic landscapes.
Dust collection filters was the largest segment with a revenue share of 41.71% in 2023. Horizon Databook has segmented the India industrial air filtration market based on dust collection filters, mist collection filters, fume collection filters, hepa filters covering the revenue growth of each sub-segment from 2018 to 2030.
India is a developing country characterized by high growth in the industrial sector. According to India Brand Equity Foundation, India’s manufacturing sector accounts for a 17% share of the country’s GDP in 2023 and is expected to hold a 25% share by 2025.
Rapid industrialization in the country is due to favorable government policies and the increasing shift of industrial units. For instance, in March 2023, Apple, Inc. announced the setup of a manufacturing unit in Karnataka. This progressive growth in the industrial sector is anticipated to drive the demand for industrial air filtration to control and improve indoor air quality in different industrial setups.
According to the Indian Brand Equity Foundation, the manufacturing sector FDI inflows have shown phenomenal growth over the last decade. It stood at USD 27.69 billion in December 2011 and reached USD 104.18 billion in December 2021. Various factors spurred this growth, including the availability of cheap labor, reduced import dependency, and a large consumer base in the country.
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Our clientele includes a mix of industrial air filtration market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India industrial air filtration market , including forecasts for subscribers. This country databook contains high-level insights into India industrial air filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India industrial air filtration market size, by product, 2018-2030 (US$M)
India Industrial Air Filtration Market Outlook Share, 2023 & 2030 (US$M)
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