The India jointing compound market size reached USD 16.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 27.41 Billion by 2033, exhibiting a growth rate (CAGR) of 5.80% during 2025-2033. The market is actively witnessing steady expansion, primarily driven by an increasing number of construction activities, rapid urbanization, and a rising demand for high-quality finishing materials. Growing number of infrastructure projects and significant advancements in formulation technologies further contribute to market expansion, along with the widespread adoption in residential, commercial, and industrial applications.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 16.50 Billion |
Market Forecast in 2033 | USD 27.41 Billion |
Market Growth Rate 2025-2033 | 5.80% |
Rising Adoption of Eco-Friendly and Sustainable Jointing Compounds
Sustainability is also emerging as a priority area in the India jointing compound market, with more emphasis on environmentally friendly and non-toxic products. Rising environmental awareness, combined with regulatory pressures for the reduction of VOC emissions, is compelling manufacturers to develop green products. Low-VOC water-based jointing compounds are becoming increasingly popular because they reduce health hazards as well as indoor air pollution without compromising on adhesion and durability. Also driving the product demand for green building materials is the increasing uptake of green building certifications, primarily covering LEED and GRIHA (Green Rating for Integrated Habitat Assessment). For instance, as per industry reports, in 2024, India maintained its 3rd position on the annual list of top ten nations for LEED certifications. 370 projects, encompassing 8.5 Million GSM were LEED certified across India. Additionally, manufacturers are integrating recycled materials and bio-based ingredients into their formulations to reduce environmental impact. As the construction industry moves toward sustainable practices, the adoption of environmentally responsible jointing compounds is expected to rise, steering the future of the industry with innovative and greener solutions.
Increasing Demand for Lightweight and High-Performance Jointing Compounds
The India jointing compound market is witnessing a growing requirement for high-performance as well as lightweight materials, driven by advancements in construction and infrastructure projects. Builders and contractors increasingly prefer jointing compounds that offer enhanced adhesion, quick drying times, and superior crack resistance. With rapid urbanization and the expansion of commercial and residential spaces, high-quality finishing materials are becoming a priority. For instance, as per industry reports, urban population is anticipated to increase from 31.1% in 2011 t0 35%-37% in 2024, highlighting an accelerating urbanization trend across India. Moreover, the use of polymer-based and ready-to-use jointing compounds is gaining traction due to their ease of application, reduced labor costs, and improved durability. Additionally, manufacturers are focusing on producing environmentally safe and low-VOC (volatile organic compound) formulations to align with stringent environmental norms. The increasing adoption of prefabricated and drywall construction methods is further contributing to the demand for innovative jointing compounds that provide seamless and long-lasting finishes. As the market evolves, companies are investing in R&D to develop multi-functional jointing solutions that enhance both aesthetics and structural integrity.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on product, application, and type.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes single and multi.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes residential, commercial, and industrial.
Type Insights:
A detailed breakup and analysis of the market based on the type have also been provided in the report. This includes taping, topping, all purpose, LITE drying, and setting.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Products Covered | Single, Multi |
Applications Covered | Residential, Commercial, Industrial |
Types Covered | Taping, Topping, All Purpose, LITE Drying, Setting |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: