The filters market in India is expected to reach a projected revenue of US$ 5,088.2 million by 2030. A compound annual growth rate of 7.7% is expected of India filters market from 2022 to 2030.
The India filters market generated a revenue of USD 2,603.3 million in 2021 and is expected to reach USD 5,088.2 million by 2030.
The India market is expected to grow at a CAGR of 7.7% from 2022 to 2030.
In terms of segment, ice filters was the largest revenue generating type in 2021.
Air Filters is the most lucrative type segment registering the fastest growth during the forecast period.
Filters market data book summary
Market revenue in 2021
USD 2,603.3 million
Market revenue in 2030
USD 5,088.2 million
Growth rate
7.7% (CAGR from 2021 to 2030)
Largest segment
Ice filters
Fastest growing segment
Air Filters
Historical data
2018 - 2020
Base year
2021
Forecast period
2022 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Fluid Filters, ICE Filters, Air Filters
Other key industry trends
In terms of revenue, India accounted for 3.6% of the global filters market in 2021.
Country-wise, China is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China filters 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 5,088.2 million by 2030.
The increasing number of manufacturing activities fueled by the ‘Make in India’ program is expected to promote the production of various products in the country. The Government of India has undertaken many initiatives to promote industrial growth and maintain environmental balance by implementing various protection acts such as the Water (Prevention and Control of Pollution) Act, the Air (Prevention and Control of Pollution) Act, and the Environmental Protection Act.
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 Filters Market Outlook will help companies and investors design strategic landscapes.
Ice Filters was the largest segment with a revenue share of 40.97% in 2021.
Horizon Databook has segmented the India filters market based on fluid filters, ice filters, air filters covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing number of manufacturing activities fueled by the ‘Make in India’ program is expected to promote the production of various products in the country. The Government of India has undertaken many initiatives to promote industrial growth and maintain environmental balance by implementing various protection acts such as the Water (Prevention and Control of Pollution) Act, the Air (Prevention and Control of Pollution) Act, and the Environmental Protection Act.
India Filters Market Type Outlook (Revenue, USD Million , 2021-2033)
Fluid Filters
ICE Filters
Air Filters
India Filters Market Application Outlook (Revenue, USD Million , 2021-2033)
Motor vehicle
Consumers applications
Utilities
Industrial & manufacturing
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the India Filters Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Filters Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.