Press Release

India Jointing Compound Market is Expected to Register a CAGR of 5.67% Through 2030

Rapid Growth in Construction & Infrastructure Development and Advancements in Product Technology are likely to propel the market during the forecast period.


According to TechSci Research report, “India Jointing Compound Market – By Region, Competition, Forecast and Opportunities, 2020-2030F”, India Jointing Compound Market was valued at USD 16.28 Billion in 2024 and is expected to reach USD 22.87 Billion by 2030 with a CAGR of 5.67% during the forecast period.

The growth of the construction and infrastructure sectors in India has been one of the primary drivers of the jointing compound market. As the Indian economy continues to expand, there has been a significant increase in residential, commercial, and industrial construction projects. The demand for modern housing, office spaces, and infrastructure like roads, bridges, and airports has created an elevated need for materials that support drywall installation and finishing. Drywall, also known as plasterboard or gypsum board, is preferred in many construction projects due to its ease of installation, cost-effectiveness, and fire resistance properties.

Jointing compound is essential in the drywall installation process as it is used to fill joints, seams, and screw or nail holes to create a smooth surface for painting and finishing. With increasing construction activity, the need for drywall finishing materials such as jointing compounds has surged. This has been further compounded by government initiatives such as "Housing for All," Smart Cities Mission, and Make in India, which encourage residential and commercial development across the country.

The ongoing urbanization in India, coupled with rising disposable incomes, has prompted a shift towards contemporary interior designs, further increasing the demand for high-quality drywall and finishing materials. Jointing compounds, which are a critical component of this process, are thus experiencing a growing market demand. Additionally, the rise in commercial real estate development, such as shopping malls, office complexes, and hotels, has expanded the application of jointing compounds beyond residential buildings to more specialized and larger-scale projects.

The rapid construction boom in India has made jointing compounds an indispensable part of the building process, fostering market growth. As construction projects continue to increase in scope and complexity, the demand for jointing compounds is expected to remain strong.


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Based on Application, Residential held the largest market share in 2024.  The residential sector dominates the India jointing compound market due to several key factors, primarily driven by the country’s booming housing demand, urbanization, and evolving consumer preferences.

India’s rapidly growing population and urbanization have led to an increased need for residential housing. Government initiatives such as "Housing for All" and the Smart Cities Mission have further bolstered the development of residential units, particularly in urban and semi-urban areas. With a larger proportion of the population now residing in cities, there is a significant increase in the construction of apartments, houses, and gated communities, all of which require drywall systems for walls and ceilings, creating a direct demand for jointing compounds.

The growing preference for modern and contemporary homes has shifted construction practices away from traditional brick-and-mortar walls towards more efficient drywall solutions. Drywall systems, often used in the construction of interior walls and ceilings, require jointing compounds for smooth and flawless finishing. This transition towards drywall installation has naturally driven the demand for jointing compounds in the residential sector, as they are essential for providing a high-quality finish to the interior surfaces.

The rise in disposable income among India’s middle class, which has empowered homeowners to invest in aesthetically pleasing interiors and quality finishes. As homebuyers become more discerning about interior designs, the demand for drywall and jointing compounds has increased, especially in urban areas. Homeowners are also increasingly involved in DIY renovation and repair activities, further boosting the demand for jointing compounds for small-scale projects like patching drywall or smoothing imperfections.

Based on region, North India is the fastest-growing region in the Indian jointing compound market due to several key factors, primarily driven by rapid urbanization, infrastructure development, and an expanding construction industry. Major cities in North India, such as Delhi, Gurgaon, Noida, Chandigarh, and Jaipur, are experiencing substantial growth in both residential and commercial construction. This has led to an increased demand for drywall solutions, including jointing compounds, for finishing walls and ceilings.

One of the primary drivers for this growth is the large-scale government infrastructure initiatives in the region. Schemes like the Smart Cities Mission, Housing for All, and Pradhan Mantri Awas Yojana (PMAY) are leading to a surge in housing and commercial development, particularly in urban areas. As these regions continue to modernize, there is an increasing preference for dry construction methods such as drywall installations, which require jointing compounds for seamless finishes. These projects often focus on quality, aesthetics, and quicker turnaround times, driving the demand for efficient finishing materials like jointing compounds. Additionally, the rise in disposable incomes and changing lifestyles in North India is contributing to an increased preference for contemporary housing designs and finishes. Homeowners are increasingly opting for drywall in their interiors due to its versatility, cost-effectiveness, and ease of installation. This growing middle-class population is fueling demand for both high-quality and affordable jointing compounds.


Major companies operating in the India Jointing Compound Market are: 

  • Saint-Gobain Gyproc India Ltd.
  • USG Boral Building Products India Private Limited
  • India Gypsum Pvt Ltd.
  • Jayswal Interiors Pvt Ltd.
  • Dana Interiors Private Limited
  • Indus Industries Pvt. Ltd.
  • Gyptech Systems Pvt Ltd.
  • Durabuild Care Pvt. Ltd.


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The India jointing compound market presents significant opportunities driven by rapid urbanization, a booming construction industry, and growing demand for residential and commercial spaces. With an increasing focus on sustainable building materials, eco-friendly jointing compounds are gaining traction. Additionally, the rise of DIY home improvement projects and the adoption of lightweight and easy-to-use products offer growth prospects. As construction timelines shorten and the need for efficient, high-quality finishes intensifies, there is ample scope for innovation in product offerings. Manufacturers can capitalize on these trends by focusing on environmentally sustainable, cost-effective, and user-friendly jointing compound solutions to cater to diverse consumer needs.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm. 

India Jointing Compound Market, By Product (Single, Multi), By Application (Residential, Commercial, Industrial), By Type (Taping, Topping, All Purpose, LITE Drying, Setting), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of India Jointing Compound Market and provides statistics & information on Market size, structure and future Market growth. The report intends to provide cutting-edge Market intelligence and help decision-makers make sound investment decisions., The report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the India Jointing Compound Market. 


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