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India’s building materials market to grow from $57B to $100B by 2030, fueled by urbanization and rising demand for quality products.
India’s building materials market is projected to grow from $57 billion in 2025 to $100 billion by 2030, driven by rising real estate demand, urbanization, and consumer spending on higher-quality, branded products.
Key growth areas include electrical goods, paints and coatings, tiles and bathware, wood panels—especially MDF—furniture fittings, and plastic piping, with organized sectors gaining market share.
Despite strong momentum, per capita consumption remains below global averages, signaling significant long-term potential.
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El mercado de materiales de construcción de la India crecerá de $ 57 mil millones a $ 100 mil millones para 2030, impulsado por la urbanización y la creciente demanda de productos de calidad.