India’s Construction Chemical Market to Quadruple to USD 17.33 Billion by 2035
India’s construction chemical market is projected to grow from USD 4.88 billion in 2025 to USD 17.33 billion by 2035 at a CAGR of 13.4%, driven by rapid urbanization, infrastructure projects like Bharatmala Pariyojana, and adoption of high-performance products such as plaster and waterproofing chemicals. Growth is strongest in East India, South India, and North India, with industry focus on sustainability, digital procurement, and advanced formulations.
The Indian construction chemical industry is experiencing rapid expansion, forecasted to increase its market value from USD 4.88 billion in 2025 to USD 17.33 billion by 2035, achieving a CAGR of 13.4%. This robust growth is fueled primarily by urbanization and large-scale government infrastructure programs, particularly Bharatmala Pariyojana, alongside modernization efforts emphasizing structural durability and sustainability. The market leadership is held by products such as plaster, which commands a 33.9% share by volume due to its ability to ensure smooth, crack-free finishes, while premixed compound forms reduce on-site error and wastage. Imported high-performance chemicals are preferred for consistent quality. Regional growth hubs include East India (14.2% CAGR), South India (13.6%), and North India (13.4%), with key applications ranging from metro and high-rise projects in West India to expressways and affordable housing in North India. Market evolution is supported by innovations such as low-VOC and nano-additive chemicals, smart coatings, and digital supply chain integration, aiming to improve construction efficiency and environmental compliance. Marketing strategies prioritize digital channels, contractor education, and penetration of tier-2 and tier-3 cities. To reduce import dependence, efforts include strengthening domestic manufacturing and forming partnerships with international suppliers. Overall, the market transition is towards performance-driven, sustainable construction chemicals vital for India's ongoing infrastructure and urban development.